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Thai baht/US dollar little changed on Thursday
BANGKOK: The Thai baht was steady against the US dollar on Thursday. At 0214 GMT, the baht was 0.08% higher at 33.60 versus the dollar, after trading in a range of 33.610 to 33.660.
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Electricity Bills to Rise Again This Month
Electricity consumers will pay an additional Rs. 1.11 per unit in their October 2026 bills under a fuel cost adjustment
ProPakistani- IMFUpdated
IMF, Pakistan reach staff-level agreement on EFF, RSF reviews
The International Monetary Fund (IMF) staff and Pakistan have reached a staff-level agreement on the fourth review of the $7-billion Extended Fund Facility (EFF) and the third review of the…
Business Recorder Reliable energy supply sought for export industries
KARACHI: President of the Pakistan Businessmen and Intellectuals Forum (PBIF) and All Karachi Industrial Alliance, Chairman of the National Business Group Pakistan, Chairman of the FPCCI Policy…
Business RecorderDesalination plant in Karachi: Delegation of Chinese investors meets Nasir
KARACHI: Sindh Local Government Minister Syed Nasir Hussain Shah chaired an important meeting with a delegation of Chinese investors, during which detailed discussions were held on investment…
Business RecorderFESCO region: Electricity conservation campaign launched
FAISALABAD: On the special directives of Chief Executive Officer (CEO) Faisalabad Electric Supply Company (FESCO) Engr Muhammad Aamer a comprehensive electricity conservation campaign has been…
Business RecorderRetailers must not be allowed to evade taxes
EDITORIAL: The Federal Board of Revenue’s (FBR’s) decision to begin nationwide mapping of markets and individual shops is a logical next step after the poor response to the government’s Asaan Tax…
Business Recorder
IEA to accelerate oil reserve release, says 100m barrels still to come
A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, US June 9, 2016.
Geo NewsScientists in Vienna and Beijing create world's first nuclear clocks
Scientific teams working separately in Vienna and Beijing have developed the world’s first two operating nuclear clocks in what they are calling an important advance in timekeeping that promises…
Business RecorderElectric Car Buyers to Get 5-Year Rs. 1 Crore Loans
Pakistan is planning major tax incentives and financing support for electric and new energy vehicle buyers under its draft Automotive
ProPakistaniAurangzeb urges microfinance sector to shift to cashflow-based lending
Finance Minister Muhammad Aurangzeb on Wednesday urged the microfinance sector to shift towards cashflow-based lending and make greater use of alternative data and digital credit scoring to expand…
Business RecorderPakistan plans tougher telecom rules, national roaming obligations for dominant operators
ISLAMABAD: The Ministry of Information Technology and Telecommunication (MoITT) has proposed a tougher competition regime for the telecom sector, empowering the regulator to impose national roaming…
Business Recorder
Only 91 New Retailers Join Tax Scheme, FBR’s Rs. 50 Billion Target in Jeopardy
The Federal Board of Revenue (FBR) has informed the International Monetary Fund (IMF) that only 1,016 retailers have filed tax
ProPakistaniGermany asks Pakistan to implement GSP Plus reforms
Germany has called for effective implementation of Pakistan’s legislative reforms linked to the European Union’s GSP Plus trade scheme, stressing the need for measurable results and tangible…
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