Business Recorder
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Business Recorder
Cabinet approves track- and-trace system for drugs
ISLAMABAD: Federal Minister for National Health Services and Regulation Mustafa Kamal announced on Thursday that the federal cabinet has approved the implementation of a nationwide track-and-trace system for medicines, saying it was a landmark ini…
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Business Recorder
Industrial modernization: PM tells ministries to talk to subject-matter experts
ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday directed all federal ministries to ensure meaningful consultation with subject-matter experts for the integration of modern technologies across key sectors of the economy, in what he described as…
#GovtPriorities
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Business Recorder
Prolonged power cuts: Nepra seeks explanation from KE
ISLAMABAD: Taking serious notice of prolonged power outages in Karachi in violation of commitments, National Electric Power Regulatory Authority (NEPRA) has sought a report from the management of K-Electric. The issue of excessive load shedding by…
#NEPRA #Karachi
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Business Recorder
Power Division moves NEPRA for approval: Extra charges on wheeling consumers likely
ISLAMABAD: The Power Division has formally approached National Electric Power Regulatory Authority (NEPRA) for approval to impose additional charges on wheeling consumers under a uniform grid charges mechanism, to be implemented nationwide as Use …
#NEPRA
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Business Recorder
ISLAMABAD: The federal government will present its budget for the financial year 2026-27 on June 10. This was stated by senior Pakistan Muslim League-Nawaz (PML-N) leader and Member of the National Assembly (MNA), Tahira Aurangzeb, to this corresp…
#Budget202627
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Business Recorder
Data Agro Limited (PSX: DAAG) was incorporated in Pakistan as a private limited company in 1992 and was converted into a public limited company in 1994. The company is engaged in the production and processing of agro seeds. Another activity of the…
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Business Recorder
UN warns world to prepare for El Nino extreme weather
GENEVA: There is an 80-percent chance of the warming El Nino phenomenon developing between June and August, increasing the risk of extreme weather events, the World Meteorological Organization said Tuesday. “Fuelled by unusually warm ocean waters …
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Business Recorder
ADNOC resumes naphtha exports via alternative Oman route
NEW DELHI: Asia’s naphtha prices tumbled to their lowest since early March as the Abu Dhabi National Oil Co (ADNOC) resumed exports in May via the Omani port of Sohar, traders said, establishing an alternative route that could ease the supply crun…
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Business Recorder
Saudi’s NEOM offers niche route for Gulf importers
RIYADH: Only a month into the Iran war, Qatar-based distributor Salam Studio & Stores had already gone weeks without its regular Red Bull shipments, prompting it to test a little-used route. The conflict and effective closure of the Strait of Horm…
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Business Recorder
Middle East war hammering aid supply chains: UN
GENEVA: Even if the Middle East war stopped immediately, disrupted global humanitarian supply lines would not recover before 2027, the United Nations said Tuesday. Nearly 100 days on from the February 28 US-Israeli attacks on Iran which triggered …
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