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Pakistan and world business news from seven outlets, one story per event. Updated 3m ago.
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World Bank proposes USD200m to boost KP tax bases
ISLAMABAD: The World Bank has proposed USD 200 million in financing to help Khyber Pakhtunkhwa (KP) broaden its tax base and improve public service delivery, targeting an increase in the province’s…
Business Recorder
PQEPC opposes one-year limit on coal supply deals
ISLAMABAD: Port Qasim Electric Power Company (PQEPC) has opposed the proposed one-year limit on coal supply agreements, arguing that the restriction could undermine fuel security, disrupt…
Business Recorder
Fresh valuation issued for imported almonds
ISLAMABAD: The Directorate General of Customs Valuation Karachi has issued a fresh valuation ruling for imported almonds, setting customs values ranging from USD1.41 to USD3.81 per kilogram…
Business Recorder
Weekly Cotton Review: Prices mixed in market amid thin trading
KARACHI: Cotton prices were mixed in Pakistan’s local market last week amid thin trading, with the spot rate rising by Rs600 per maund, according to the weekly market review.
Business Recorder
Sindh CM arrives in Beijing with comprehensive investment plan
BEIJING: Sindh Chief Minister Syed Murad Ali Shah has arrived in Beijing, accompanied by his delegation.
Business Recorder
Transporters demand protection from robberies on M-9 Motorway
HYDERABAD: President of the Hyderabad Chamber of Small Traders & Small Industry (HCSTSI) Nadeem Ahmed Siddiqui, Senior Vice President Muhammad Fahad Mian and Vice President Irfan Arbiani have…
Business Recorder
Costly medicines, chemotherapy: Around 25pc of JPMC cancer patients abandon treatment: officials
KARACHI: About 25 percent of cancer patients at Jinnah Postgraduate Medical Centre (JPMC) abandon treatment because of financial hardship despite largely free care, doctors said, citing the high…
Business Recorder
Indigenisation: Power sector urged to exceed 30pc local value addition
LAHORE: Pakistan’s power sector must go well beyond 30 percent local value addition if it is serious about indigenization, a senior Ministry of Energy official said at a national workshop hosted by…
Business Recorder
Haroon, FCCI discuss rising industrial costs
FAISALABAD: An important meeting was held at the Faisalabad Chamber of Commerce & Industry (FCCI) with Haroon Akhtar Khan, Adviser to the Prime Minister and Federal Minister for Industries and…
Business Recorder
Trump says Russia, Ukraine reached 'energy ceasefire'
US President Donald Trump said on Sunday that Ukraine and Russia had agreed to what he described as an “energy ceasefire.” Trump, in a social media post, said the energy ceasefire was taking effect…
Business Recorder
Deutsche Bank chief explains why German election results alarm foreign investors
On Sunday, the head of Germany’s largest bank warned that a withdrawal of international capital could be triggered by…
The News
Pharma Sector Records Highest-Ever Annual Profit
Pakistan’s pharmaceutical sector recorded its highest-ever annual profit of Rs. 42.2 billion in fiscal year 2026, supported by record profit
ProPakistani
SBP Governor, Deputy Governors Salaries and Benefits Skyrocket by 94%
The State Bank of Pakistan’s (SBP) Governor and three Deputy Governors received 94 percent more in combined salaries and benefits
ProPakistani
Textile Industry Asks Maryam Nawaz to Cancel New Import Tax
The All Pakistan Textile Mills Association (APTMA) has urged Punjab Chief Minister Maryam Nawaz Sharif to suspend a new 0.90
ProPakistani
US-Iran War Drives Dagger Through Pakistan Meat Industry
The Organic Meat Company Limited (PSX: TOMCL) saw its annual profit plunge 74 percent to $405,000 in fiscal year 2026
ProPakistani
Russia's Yandex says data centre in Vladimir area shut down after drone attack
MOSCOW: Russian technology and AI company Yandex said on Sunday that its infrastructure had been damaged in a drone attack, resulting in the complete shutdown of its data centre in the Vladimir…
Business Recorder
Musk vows affordable Starlink in India days before Ambani's record Jio IPO
BENGALURU: Elon Musk said he would price Starlink’s satellite internet service affordably in India to take on Mukesh Ambani’s low-cost Reliance Jio, escalating his attacks on the rival billionaire…
Business Recorder
World Bank in talks with dozens of countries about crisis aid, Banga says
BANGKOK: The World Bank is in discussions with 30 to 40 countries about potential crisis aid to help them manage energy shocks and price increases triggered by the war in the Middle East, its…
Business Recorder
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