Business Recorder
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Business Recorder
PMO & MoF warned: No compensation to Mangla Dam victims could trigger protests: MoD
ISLAMABAD: The Ministry of Defence has warned the Prime Minister’s Office and Ministry of Finance that failure to clear pending compensation claims of victims of the Mangla Dam Raising Project could trigger protests, potentially impacting the area…
#ManglaDam #MoD
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Business Recorder
Customs values on Chinese artificial jewellery revised
ISLAMABAD: The Directorate General of Customs Valuation Karachi has fixed new customs values on the import of artificial imitation jewellery from China and other origins. The new values would be applicable on the import of Electroplated Jewellery …
#Customs #Economy
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Business Recorder
Check on flying invoices: Govt mulls revising EFS in budget
ISLAMABAD: The government is reviewing a budget proposal to revise the Export Facilitation Scheme (EFS) in the budget (2026-27) to stop commercial importers from massive misuse of flying invoices in local markets. Sources told Business Recorder th…
#Budget #Economy
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Business Recorder
700 product lines under the proposed CPFTA: Islamabad seeks unilateral tariff relief from Beijing
ISLAMABAD: Pakistan is set to formally request China to extend unilateral tariff concessions on around 700 product lines under the proposed third phase of the China-Pakistan Free Trade Agreement (CPFTA), seeking parity with concessions already gra…
#Beijing #Relief
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Business Recorder
PM tells Qatar’s Taameer Group: Steps taken to remove barriers to business under SIFC
ISLAMABAD: Prime Minister Shehbaz Sharif said on Friday that Pakistan is taking steps to attract foreign investment and remove barriers to business under its Special Investment Facilitation Council (SIFC). During a meeting with a delegation from Q…
#ShehbazSharif #SIFC
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Business Recorder
HOUSTON: Oil prices climbed on Friday, as investors worried that the US and Iran would be unable to reach a peace agreement that would allow shipping traffic to return to normal in the Strait of Hormuz. Brent crude futures settled at USD103.54 a b…
#OilPrices #Economy
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Business Recorder
ISLAMABAD: Chief of Defence Forces (CDF) and Field Marshal Syed Asim Munir landed in Tehran on Friday as part of Pakistan’s ongoing regional mediation efforts aimed at fostering dialogue between the United States and Iran, according to the Inter-S…
#Tehran #CDF
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Business Recorder
Rubio sees progress in Iran talks
WASHINGTON/DUBAI: The United States has seen some progress towards a deal with Iran but more work is required, Secretary of State Marco Rubio said on Friday, as diplomatic efforts intensified to find an end to a conflict that has roiled the global…
#MarcoRubio #IranTalks
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Business Recorder
WASHINGTON/DUBAI: Iran’s foreign minister Abbas Araghchi met interior minister Mohsin Naqvi on Friday to discuss proposals to end the US-Israeli war, Iranian media reported, with Tehran and Washington still at odds over Tehran’s uranium stockpile …
#MohsinNaqvi #AbbasAraghchi
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Business Recorder
Qataris in Tehran to help secure US-Iran deal
TEHRAN: A Qatari negotiating team arrived in Tehran on Friday in coordination with United States to try to help secure a deal to end the war with Iran and resolve outstanding issues, a source with knowledge of the matter told Reuters on Friday. Do…
#Tehran #IranUSDeal
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