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AI investment props up global growth, but war and debt threaten outlook, IMF says
BANGKOK: The global economy will still manage to top 3% real GDP growth this year as strong AI investment offsets the energy shock from the war in the Middle East, but downside risks are mounting…
Business RecorderDeadly airport attacks: Saudi says resilience tested, vows response
RIYADH: Saudi Arabia’s energy minister on Monday said the country had been tested but would mount a “serious” response after a string of attacks on Riyadh’s international airport by Yemen’s Houthis…
Business RecorderPPMC applies for power service provider registration
ISLAMABAD: Power Planning and Monitoring Company (PPMC), the policy, strategic and technical arm of the federal government in the power sector, has approached the National Electric Power Regulatory…
Business RecorderAutomated production monitoring systems: PM sets Dec 31st deadline
ISLAMABAD: Prime Minister Shehbaz Sharif on Monday set December 31 as the deadline for rolling out automated production monitoring systems across manufacturing sectors to plug tax leaks and ensure…
Business RecorderPM orders doubling of SME financing to Rs2.2trn
ISLAMABAD: Prime Minister Shehbaz Sharif on Monday directed that the total value of loans for small and medium-sized enterprises (SMEs) be increased from Rs1.1 trillion to Rs2.2 trillion by 2028 to…
Business RecorderPakistan-China economic cooperation: ICCI for promoting practical business models, JVs
ISLAMABAD: Federal capital’s business community has stressed the need for strengthening Pakistan-China economic cooperation by promoting practical business models, joint ventures, technology…
Business RecorderSenate panel informed: 98 foreign-funded projects included in FY27 PSDP
ISLAMABAD: The Senate Standing Committee on Planning, Development and Special Initiatives was informed that a total of 98 foreign-funded development projects, with an estimated cost of Rs 8.1…
Business Recorder
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