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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 Recorder
Indian 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 Recorder
APT 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 Recorder
Govt 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 Recorder
Marble 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 Recorder
Pakistan, 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 Recorder
PM 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 Recorder
Brent 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 Recorder
TMA for reforms to restore export competitiveness
KARACHI: Omer Anwar Lari, Vice Chairman of the Towel Manufacturers’ Association of Pakistan (TMA), has called for immediate and comprehensive policy measures to address the rising cost of doing…
Business Recorder
Soaring costs force PHMA to seek export support
KARACHI: The Pakistan Hosiery Manufacturers & Exporters Association (PHMA) on Thursday urged the federal government to provide temporary export support of 6-8 per cent of the free-on-board (FoB)…
Business Recorder
1QFY27: Auto sector profits seen falling 35pc QoQ
KARACHI: Pakistan’s listed automobile sector is expected to post combined earnings of Rs12.6 billion in 1QFY27, down 35 percent quarter-on-quarter, as vehicle sales volumes declined 16 percent…
Business Recorder
Loss-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 Recorder
Punjab 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 Recorder
PMSA 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 Recorder
Ismail 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 Recorder
Missing 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 Recorder
The state of economy
EDITORIAL: The state of the economy is not presenting any encouraging picture. Businesses and consumers across the board are feeling the brunt.
Business Recorder
Section 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 Recorder
Kundi 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 Recorder
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