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Bank of England's Bailey says second-round inflation pressures look subdued so far
BANGKOK: Soaring energy prices so far appear to be having limited wider effects on British prices, but it is too soon to draw firm conclusions, Bank of England Governor Andrew Bailey said on…
Business RecorderIndian shares on track for higher open on lower Treasury yields, SEBI relief
Indian shares are likely to open higher on Friday , extending their recovery from the previous session, as a drop in US Treasury yields and changes to the closing auction session by the local…
Business RecorderAPT Symposium: AI rapid adoption risks creating new inequalities
ISLAMABAD: Expanding mobile network coverage alone will not bridge Pakistan’s digital divide unless accompanied by affordable smartphones, accessible financing and meaningful digital services, while…
Business RecorderGovt urged to promote electric stoves, local manufacturing
ISLAMABAD: With only 51 percent of Pakistan’s population having access to clean cooking facilities, energy experts on Thursday urged the government to promote affordable electric stoves and local…
Business RecorderMarble finishing, technology upgradation: Ministry forms four technical groups
ISLAMABAD: The Ministry of Industries and Production has formed four technical groups tasked with making recommendations on marble finishing, technology upgradation, value addition and export…
Business RecorderPakistan, ADB reinforce development partnership
BANGKOK: Federal Minister for Economic Affairs and Pakistan’s Governor to the Asian Development Bank (ADB), Ahad Khan Cheema, met with ADB President Masato Kanda on the sidelines of the 2026 Annual…
Business RecorderPM grieved over loss of lives in roof collapse
ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday expressed grief over the loss of lives in the collapse of a roof at a private school in Peshawar’s Deir Colony and ordered a comprehensive report…
Business RecorderBrent steady as US weighs easing curbs on global ‘shadow fleet’
HOUSTON: Brent crude was little changed on Thursday as investors weighed possible US steps to ease restrictions on the world’s “shadow fleet” of tankers, while conflict in the Middle East kept a…
Business RecorderLoss-making Disco on sell-off list: IESCO seeks over 54pc hike in tariff for CY27
ISLAMABAD; The Islamabad Electric Supply Company (IESCO), a loss-making power distribution company included in the first phase of the government’s privatisation programme, has sought an increase of…
Business RecorderPunjab broadband expansion project faces delay: World Bank
ISLAMABAD: The World Bank’s USD70 million Connected Punjab Programme has yet to become effective, with financing and implementation agreements still unsigned, delaying key institutional and…
Business RecorderPMSA praises Cnergyico for prompt response to oil spill incident
ISLAMABAD: The Pakistan Maritime Security Agency (PMSA) has formally appreciated Cnergyico Pakistan Limited (CPL) for its prompt and effective response to an oil spill incident near Churna Island…
Business RecorderIsmail Industries Limited
(PSX: ISIL) was incorporated in Pakistan as a private limited company in 1988 and was converted into a public limited company in 1989.
Business RecorderMissing auto policy amid growing auto sales
Pakistan’s new auto policy is nowhere to be seen, but car sales continue to grow. What is changing is the composition of demand.
Business RecorderSection 176 notices: IHC sets aside FTO’s findings against tax official
ISLAMABAD: The Islamabad High Court (IHC) has set aside the findings of the Federal Tax Ombudsman (FTO) regarding disciplinary action against a tax official who issued notices to taxpayers under…
Business RecorderKundi briefs Bilawal about Peshawar school roof collapse
ISLAMABAD: Khyber Pakhtunkhwa Governor Faisal Karim Kundi informed Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari that financial assistance of Rs1 million had been announced for each…
Business RecorderExport industry challenges: PHMA (North Zone) vows joint efforts
FAISALABAD: The monthly meeting of the Zonal Committee of the Pakistan Hosiery Manufacturers and Exporters Association (PHMA) North Zone was held on October 14, at the PHMA Zonal Office in…
Business RecorderExporters to participate in Heimtextil trade fair 2027
KARACHI: Heimtextil 2027, the four-day international trade fair for home and contract textiles, will be held in Frankfurt, Germany, from January 12 to 15, 2027, with around 2,900 exhibitors expected…
Business RecorderIndustrial fires, electrical accidents: Minister for effective implementation of workplace safety laws
KARACHI: Sindh Minister for Labour, Human Resources and Social Protection Saeed Ghani on Thursday stressed that workers’ lives must take precedence over industrial production and profits, calling…
Business RecorderCamel milk powder manufacturing plant: Punjab agrees to provide land in Faisalabad SEZ
LAHORE: Punjab is set to attract investment in camel milk processing, with the provincial government agreeing to provide four acres of land in Faisalabad’s Special Economic Zone (SEZ) for the…
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