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Loss-Making SOEs Bleed Rs. 2.8 Billion a Day: Finance Ministry Report
Pakistan’s state-owned enterprises (SOEs) saw their combined adjusted profit fall 30 percent to Rs. 80.5 billion in the first half
ProPakistani
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DeepSeek to raise at least $12 billion in Tencent-backed funding, Bloomberg News reports
DeepSeek is close to securing at least 80 billion yuan ($11.93 billion) in its latest round of funding, Bloomberg News reported on Tuesday, citing people familiar with the matter.
Business RecorderPalm flat as stockpile concerns cap gains
KUALA LUMPUR: Malaysian palm oil futures were little changed on Tuesday, as gains from stronger crude oil prices were tempered by concerns of higher September stockpiles.
Business RecorderFBR Cancels Rs. 26 Billion Auction of Bahria Town Properties
The Federal Board of Revenue (FBR) has canceled the auction of a Bahria Town property in Rawalpindi that was scheduled
ProPakistani
Why Your Cheque Will Clear Faster Starting October 15
The State Bank of Pakistan (SBP) will launch the Pakistan Express Clearing System (PECS) from October 15 to speed up
ProPakistani
PM approves duty-free livestock imports for specialised farms to boost exports
Prime Minister Shehbaz Sharif gestures during a meeting. — APP/File ISLAMABAD: Prime Minister Shehbaz Sharif on Monday approved a comprehensive plan to restructure country’s livestock sector on…
Geo NewsMcDonald's supplier HyFun plans $208 million India IPO
BENGALURU: McDonald’s and KFC supplier HyFun Foods plans to raise up to 20 billion rupees ($207.7 million) in an IPO by late 2028, the frozen-foods maker’s CEO said, betting on surging demand from…
Business RecorderIndian shares poised to extend rebound ahead of RBI policy verdict
Indian shares are likely to open higher on Tuesday , extending their rebound from the previous session as supportive global cues and positive quarterly business updates lift sentiment ahead of a…
Business Recorder
Bilawal hails ‘transformation’ of Thar
THARPARKAR: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto Zardari on Monday hailed the transformation of Thar, saying the region’s progress in health, education and energy proves that the…
Business RecorderThe provincial revenue problem
EDITORIAL: Sindh government spokesperson Sukhdev Hemnani’s recent observation that federal revenue shortfalls are affecting provincial finances and development is valid as far as it goes.
Business RecorderPPDA vows consultation to resolve issues facing dealers
KARACHI: Pakistan Petroleum Dealers Association (PPDA) Chairman Malik Khuda Bakhsh has said the association’s leadership is prioritising the resolution of dealers’ issues and that its members have…
Business RecorderE&P sector may achieve 44pc profit growth in 1QFY27 YoY
KARACHI: The profitability of Pakistan’s listed exploration and production (E&P) companies is expected to increase by 44 percent year-on-year (YoY) in the first quarter of FY27, supported by higher…
Business RecorderSECP talk series: Pakistan a big market for inclusive insurance: MIC official
ISLAMABAD: Pakistan offers a large market for inclusive insurance, which can strengthen social protection and support progress towards the Sustainable Development Goals, said Michael J.
Business RecorderBusiness issues to be taken up with relevant institutions: ICCI chief
ISLAMABAD: Newly elected President Islamabad Chamber of Commerce and Industry (ICCI) Mohammad Zikria Akbar Zia has said that business issues would be systematically identified, prioritized and taken…
Business Recorder
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