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Pakistan and world business news from seven outlets, one story per event. Updated just now.
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Allocation of functions: PPMC-NGC dispute again lands on power regulator’s table
ISLAMABAD: A brawl between Power Planning and Monitoring Company (PPMC) officially “unregistered” entity of Power Division and National Grid Company (erstwhile NTDC) over “institutional allocation…
Business Recorder
Aurangzeb speaks of fiscal prudence
ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb on Wednesday said Pakistan’s fiscal deficit had declined to 2.6 percent of GDP from a peak of 12.5 percent, while tax…
Business Recorder
Over USD5bn annual exports targeted: AsiaPak seeks govt help for aluminium smelter at PQ
ISLAMABAD: AsiaPak Investments Limited has sought the government’s support for a proposed export-oriented aluminium smelter in the Port Qasim industrial area, targeting annual exports of more than…
Business Recorder
Aurangzeb urges IFIs to align financing terms with improved ratings
ISLAMABAD: Finance Minister Muhammad Aurangzeb on Wednesday urged international financial institutions to align financing terms with Pakistan’s improved sovereign ratings and expanding access to…
Business Recorder
Farmers, small businesses and homeowners: PM orders banks to expand lending
ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday directed banks to expand lending to farmers, small businesses and prospective homeowners, calling for improved access to finance in three…
Business Recorder
Low-income, vulnerable states: IMF urges members to stock up funds
BANGKOK: IMF chief Kristalina Georgieva on Wednesday warned that current economic developments and the rapid advance of AI threaten to deepen the gulf between advanced and developing economies…
Business Recorder
DISCOs tariffs: Export industries oppose proposed hike
ISLAMABAD: Export-oriented industries have strongly opposed proposed increases of 5 to 10 percent in electricity tariffs by power distribution companies (DISCOs), warning that higher energy costs…
Business Recorder
Investment conference: Saudi Arabia offers alternative travel routes
RIYADH: Saudi Arabia plans to move ahead with a major investment conference in Riyadh despite Houthi attacks on the kingdom, offering on-site and virtual attendance as well as alternative air and…
Business Recorder
Highest in Asia: Pakistan facing mounting exposure to cyber-enabled financial fraud: report
ISLAMABAD: Pakistan is facing mounting exposure to cyber-enabled financial fraud, with estimated scam losses equivalent to 2.5 percent of gross domestic product (GDP), highlighting growing risks to…
Business Recorder
President advocates for boosting trade with Turkiye to USD5bn
ISLAMABAD: President Asif Ali Zardari has called for further strengthening Pakistan-Türkiye relations, with a focus on achieving the mutually agreed target of USD 5 billion in bilateral trade…
Business Recorder
International E-Waste Day: Gen-Z most digitally immersed generation
ISLAMABAD: On International E-Waste Day, a leading cyber security company Wednesday released a survey on “Gen Z’s behaviour” concluding that the Gen-Z is the most digitally immersed generation…
Business Recorder
Sale of smart glasses: LHC directs heads of authorities to appear in person
ISLAMABAD: The Lahore High Court (LHC) has directed the secretaries of the Commerce and Interior and Narcotics Control divisions, the chairman of the Federal Board of Revenue (FBR), and the Member…
Business Recorder
Traders form body to address regulation concerns
ISLAMABAD: Business community of the federal capital, in close consultation with all the local market committees, has decided to form a joint committee to find a permanent and practical solution to…
Business Recorder
Tech, agri, trade sectors: Sindh CM, Hubei leadership meet to forge broader collaboration
KARACHI: Marking 75 years of enduring diplomatic ties, Sindh Chief Minister Syed Murad Ali Shah met with top leadership of China’s Hubei province on Wednesday to forge broader provincial-level…
Business Recorder
NBP wins ‘Sustainable Infrastructure Initiative of the Year – Pakistan’ ABF Award 2026
KARACHI: National Bank of Pakistan (NBP) has been recognized with the “Sustainable Infrastructure Initiative of the Year – Pakistan” award at the Asian Banking & Finance (ABF) Corporate & Investment…
Business Recorder
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