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Woman Caught Smuggling Rs. 1 Crore Foreign Currency
Customs officials at Karachi Airport have seized foreign currency worth more than Rs. 11.8 million from a woman passenger traveling
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Pakistan and world business news from seven outlets, one story per event. Updated 3m ago.
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Mobile Package Prices May Rise Quickly Soon
Telecom package prices could face closer regulatory scrutiny if the Pakistan Telecommunication Authority (PTA) gets the proposed power to regularly
ProPakistaniPetrol Relief Unaffordable: Petroleum Minister
Federal Petroleum Minister Ali Pervez Malik on Sunday said the federal government cannot continue providing unconditional subsidies on expensive petrol
ProPakistaniRupee Devaluation Cannot Fix Economy: FBR Chairman
Federal Board of Revenue (FBR) Chairman has used a story about yogurt and a milk pot to explain why simply
ProPakistani
3 Ways IMF Can Hurt Pakistan
The International Monetary Fund (IMF) wants the government to devalue the Pakistani Rupee (PKR) so fuel prices increase and inflation
ProPakistani
CM Afridi shares 7-point negotiations draft as govt disputes document
Khyber Pakhtunkhwa Chief Minister Sohail Afridi has said the demands presented by his side during negotiations with the federal government were neither unconstitutional nor illegal, while Interior…
Business RecorderOpenAI safety employee quits, says 'time for trial and error is over'
A former OpenAI safety employee who recently resigned criticized the company’s approach to AI safety, arguing that a fast-paced culture focused on rapid development increases the risk of failures.
Business Recorder
Key Pakistan Market Stats and Economic Indicators
Mettis GlobalWeekly Market Roundup
Mettis Global325 million barrels of oil from strategic reserves released: IEA
PARIS: The International Energy Agency said Saturday that member countries had so far released 325 million barrels of oil and oil-derivative products from strategic reserves, from 400 million…
Business Recorder
IMF shares first MEFP draft with Pakistan ahead of staff-level agreement talks
The International Monetary Fund logo is seen outside the headquarters building in Washington, US, September 4, 2018.— ReutersIMF flags Rs1,675bn power-sector circular debt breach.Fund seeks higher…
Geo News
Trump pushes South Korea on Alaska LNG deal: Why Seoul is hesitant
South Korea is adopting a conservative approach to the long-planned Alaska liquefied natural gas project despite Donald Trump…
The NewsCopper crawls higher on softer dollar, but investors wary about demand
LONDON: Copper prices edged higher on Friday, supported by a weaker dollar and supply issues, but gains were modest due to worries about high oil prices hitting demand.
Business RecorderSECP proposes accreditation framework for insolvency professionals
The Securities and Exchange Commission of Pakistan (SECP) has sought public comments on a proposed accreditation framework for official liquidators, provisional managers and insolvency experts.
Business RecorderWorld Bank proposes export-finance products for Pakistan’s EXIM Bank
The World Bank has proposed developing export-finance products for the Export-Import Bank of Pakistan (EXIM Bank) to support incremental trade flows, as the government and global lender reviewed…
Business RecorderTax paid with returns declines despite 45% rise in number of filers
This representational image shows a man using a calculator. — APP/File7,953 companies filed returns till Sept 30: FBR.Total tax paid with returns stands at Rs77.3bn.
Geo NewsAustralian shares rebound from three-month low, remain on track for weekly loss
Australian shares rose on Friday, recovering from a more than three-month low hit in the previous session as banks, energy stocks and easing bond yields lifted the benchmark, although it remained on…
Business Recorder
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