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Oil edges down as investors weigh possible US sanctions on 'shadow fleet'
BEIJING: Oil prices edged down on Friday morning as investors weighed Middle East risks and possible US steps to ease restrictions on the world’s “shadow fleet” of tankers.
Business Recorder
Loss-making Disco on sell-off list: IESCO seeks over 54pc hike in tariff for CY27
ISLAMABAD; The Islamabad Electric Supply Company (IESCO), a loss-making power distribution company included in the first phase of the government’s privatisation programme, has sought an increase of…
Business RecorderPunjab broadband expansion project faces delay: World Bank
ISLAMABAD: The World Bank’s USD70 million Connected Punjab Programme has yet to become effective, with financing and implementation agreements still unsigned, delaying key institutional and…
Business RecorderPMSA praises Cnergyico for prompt response to oil spill incident
ISLAMABAD: The Pakistan Maritime Security Agency (PMSA) has formally appreciated Cnergyico Pakistan Limited (CPL) for its prompt and effective response to an oil spill incident near Churna Island…
Business RecorderMissing auto policy amid growing auto sales
Pakistan’s new auto policy is nowhere to be seen, but car sales continue to grow. What is changing is the composition of demand.
Business RecorderKundi briefs Bilawal about Peshawar school roof collapse
ISLAMABAD: Khyber Pakhtunkhwa Governor Faisal Karim Kundi informed Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari that financial assistance of Rs1 million had been announced for each…
Business RecorderExport industry challenges: PHMA (North Zone) vows joint efforts
FAISALABAD: The monthly meeting of the Zonal Committee of the Pakistan Hosiery Manufacturers and Exporters Association (PHMA) North Zone was held on October 14, at the PHMA Zonal Office in…
Business RecorderGarment, textile machinery, accessories: expo opens in Lahore
LAHORE: Pakistan’s largest garment, textile machinery and accessories exhibition opened in Lahore on Thursday, drawing more than 550 companies from 30 countries.
Business RecorderExporters to participate in Heimtextil trade fair 2027
KARACHI: Heimtextil 2027, the four-day international trade fair for home and contract textiles, will be held in Frankfurt, Germany, from January 12 to 15, 2027, with around 2,900 exhibitors expected…
Business RecorderIndustrial fires, electrical accidents: Minister for effective implementation of workplace safety laws
KARACHI: Sindh Minister for Labour, Human Resources and Social Protection Saeed Ghani on Thursday stressed that workers’ lives must take precedence over industrial production and profits, calling…
Business RecorderCamel milk powder manufacturing plant: Punjab agrees to provide land in Faisalabad SEZ
LAHORE: Punjab is set to attract investment in camel milk processing, with the provincial government agreeing to provide four acres of land in Faisalabad’s Special Economic Zone (SEZ) for the…
Business Recorder
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