Business Recorder

Ukrainian drones hit Saint Petersburg as ‘Russian Davos’ opens

SAINT PETERSBURG: Ukrainian drones hit energy and military sites in Saint Petersburg on Wednesday as officials gathered for a flagship economic forum in the city, Russian and Ukrainian authorities said. Ukrainian President Volodymyr Zelensky descr…

#Russia #Ukraine

Business Recorder

International Knitwear Limited

International Knitwear Limited (PSX: INKL) was incorporated in Pakistan as a public limited company in 1990. The principal activity of the company is manufacturing knitted and woven apparel products besides exporting garments. Pattern of Sharehold…

#Economy

Business Recorder

ACCA applauds Pakistani finance professionals’ performance

KARACHI: ACCA’s Global Talent Trends 2026 report highlights the exceptional ambition, entrepreneurial spirit, and social consciousness of Pakistan’s finance professionals, while underscoring growing concerns around compensation and workplace wellb…

#Economy

Business Recorder

NKATI president demands govt restore FTR

KARACHI: President of North Karachi Association of Trade and Industry (NKATI), Faisal Moiz has said that his suggestions and demands have been presented before the Federal Finance Minister and the Prime Minister of Pakistan in Islamabad to solve t…

#FBR

Business Recorder

NBP signs MoU with Charter for Compassion Pakistan

KARACHI: The National Bank of Pakistan (NBP) has signed a Memorandum of Understanding (MoU) with Charter for Compassion Pakistan, under its employee wellness initiative, NBP Wellness First 2.0. The collaboration aims to strengthen mental health aw…

#PublicWelfare

Business Recorder

Sindh govt approves development projects

KARACHI: The Pakistan Peoples Party is taking steps to “transform” Karachi through “major infrastructure, water, education and healthcare initiatives” that has already been approved by the Sindh Cabinet, says Karamullah Waqasi. While elaborating o…

#GovtEmployees

Business Recorder

SYS spells out factors behind declining Q1 margins

KARACHI: Systems Limited (SYS), Pakistan’s largest listed technology company, has attributed the decline in its first-quarter margins to a combination of wage inflation, higher fuel costs, rupee appreciation and fewer working days, while expressin…

#Economy

Business Recorder

PVMA urges FBR to release billions of rupees of ST refunds

KARACHI: Chairman of the Pakistan Vanaspati Manufacturers Association (PVMA), Sheikh Umer Rehan has strongly urged the federal government and the Federal Board of Revenue (FBR) to immediately release billions of rupees in long-pending sales tax re…

#FBR

Business Recorder

The cost of impunity

EDITORIAL: The latest escalation of Israeli military operations in southern Lebanon, despite a US-brokered ceasefire that was supposed to de-escalate tensions, raises serious concerns about regional stability, international law, and the credibilit…

#Editorial

Business Recorder

Budget presentation now on 10th

EDITORIAL: In a press release dated 29 May President Asif Ali Zardari summoned the budget session of the National Assembly and Senate on 3 June for budget presentation on 5 June; however, the presentation has been postponed till 10 June, according…

#Economy