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FBR Threatens Rs. 150,000 Fine for Traders to Save Flopped Tax Scheme
The Federal Board of Revenue (FBR) plans to impose penalties of up to Rs. 150,000 on non-compliant traders who fail
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Pakistan and world business news from seven outlets, one story per event. Updated just now.
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South Korea shares on track for second weekly decline as chipmakers drag
SEOUL: Round-up of South Korean financial markets: South Korean shares fell on Thursday and were headed for a second weekly loss in a holiday-shortened week, hurt by weakness in chipmakers and…
Business Recorder
Pakistan to receive Qatari LNG cargo within 3-5 days
A representational image of LNG cargo. — Reuters/FileExtended Qatar force majeure could worsen LNG supply in Pakistan.Country faces tighter gas availability if supplies remain disrupted.Winter…
Geo NewsDalian iron ore hits 15-month low on thin steel margins
Dalian iron ore prices touched a 15-month low on Thursday, the first working day after a week-long holiday break in top consumer China, weighed down by concerns over demand prospects amid weak steel…
Business Recorder
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.
Business RecorderYuan steady despite dollar strength during China's Golden Week holiday
SHANGHAI: China’s onshore yuan was steady on Thursday as mainland markets reopened after a week-long holiday during which the Chinese currency strengthened offshore despite a strong dollar.
Business RecorderQatarEnergy offers naphtha for loading inside Hormuz via tender, traders say
NEW DELHI: QatarEnergy has issued a spot tender offering up to 50,000 metric tons of naphtha on a free-on-board basis from Ras Laffan port inside the Strait of Hormuz , multiple traders who…
Business RecorderElectricity 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
ProPakistaniGold prices recover from two-month low as dollar rally stalls
Gold prices edged higher on Thursday as the dollar eased from an 18-month peak, helping bullion recover from a two-month low, while traders weighed the prospect of another US Federal Reserve rate…
Business RecorderPakistan’s pharmaceutical exports hit three-year low of USD319m in FY26
KARACHI: Pakistan Pharmaceutical Manufacturers Association (PPMA) has reported that the country’s medicine exports hit a three-year low of USD319.01 million in the fiscal year ended June 30, 2026…
Business RecorderTrump says he'll fire advisers LaCivita, Blair 'if there's a conflict'
WASHINGTON: US President Donald Trump on Wednesday said he would immediately fire his advisers Chris LaCivita and James Blair “if there’s a conflict,” following a New York Times report that the two…
Business RecorderGovt Targets 125,000 Home Loans This Year
The government has set a target to provide Rs. 700 billion in housing loans for 125,000 residential units this year
ProPakistaniFBR to Monitor 5 Major Industries With Cameras
The Federal Board of Revenue (FBR) has authorized four vendors to install and operate electronic production monitoring equipment at manufacturing
ProPakistaniGulf bourses retreat as Saudi-Houthi tensions surge
Most Gulf stock markets ended lower on Wednesday as fighting between Yemen’s Houthis and Saudi-backed government forces intensified on several fronts.
Business RecorderPPL is Moving Entire Business With 500+ Staff to Islamabad
Pakistan Petroleum Limited (PPL) is relocating more than 500 employees from Karachi to a new head office in Islamabad. This
ProPakistaniPakistan Navy seizes narcotics worth $96mn in Arabian Sea operations
Pakistan Navy seized narcotics worth approximately $96 million in two separate counter-narcotics operations in the Arabian Sea, the military’s media wing said on Wednesday.
Business Recorder
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