Business Recorder
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Business Recorder
Salaried individuals: MAP proposes phased super tax cuts & tax relief
KARACHI: Considering the fragile economic condition in recent years, coupled with the conflict between US and Iran and continued dependence on the International Monetary Fund support program, the Management Association of Pakistan [MAP] understand…
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Business Recorder
FBR offices to remain open today, tomorrow
ISLAMABAD: For facilitation of the taxpayers, the FBR has directed that all Large Taxpayers’ Offices (LTOs), Medium Taxpayers’ Offices (MTOs), Corporate Tax Offices (CTOs) and Regional Tax Offices (RTOs) shall remain open on Saturday (May 30) and …
#FBR
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Business Recorder
ABHI Bank ends 2025 with highest-ever Rs1.019bn PAT
KARACHI: ABHI Microfinance Bank Limited closed 2025 with a profit after tax of Rs 1.019 billion, the highest-ever in the bank’s history, compared to a loss after tax of Rs 1.754 billion in 2024, marking a sharp recovery in the bank’s financial per…
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Business Recorder
UBL arranges short-term, rated, unsecured Sukuk of Rs25bn for Engro Fertilizers
KARACHI: United Bank Limited (UBL), acting as Mandated Lead Advisor and Arranger, has successfully arranged Pakistan’s largest short-term, rated, unsecured, privately placed Sukuk, raising Rs 25 billion for Engro Fertilizers Limited. The landmark …
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Business Recorder
ACP screens Chinese film to commemorate 75 years of diplomatic ties
KARACHI: A special Chinese film screening was held at the Arts Council of Pakistan (ACP) Karachi on Friday to commemorate 75th anniversary of diplomatic relations between Pakistan and China, underscoring the longstanding strategic partnership and …
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Sharjeel extends greetings to all pilgrims, Muslim world
HYDERABAD: Sindh Senior Minister Sharjeel Inam Memon extended his heartfelt greetings to all pilgrims and the Muslim world on the occasion of Eid-ul-Azha. He said that the great sacrifice of Hazrat Ibrahim (AS) teaches us that sacrificing everythi…
#SharjeelMemon
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Business Recorder
EDITORIAL: US President Donald Trump’s latest attempt to tie the normalisation of relations between Muslim-majority countries and Israel under the Abraham Accords to a prospective peace agreement with Iran is both unrealistic and unworkable. By de…
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Business Recorder
EDITORIAL: Pakistan’s mega dam projects are once again becoming case studies in the same institutional failures that have repeatedly undermined public infrastructure development for decades: weak oversight, delayed approvals, questionable contract…
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Business Recorder
KARACHI: The weather report on Saturday (May 29, 2026) and the forecast for Saturday (May 30, 2026). ================================================================== CITIES TODAY TOMORROW =========================================================…
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Business Recorder
Zelensky says Russia preparing ‘new massive strike’
KYIV: Ukraine’s President Volodymyr Zelensky said Friday that Russia was preparing a “massive new strike” on the country and called on the population to take action to “protect your lives”. Kyiv was hit particularly hard last weekend by a huge Rus…
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