Business Recorder

President vows to strengthen bilateral ties with China

ISLAMABAD: President Asif Ali Zardari said that Pakistan fully supports Chinese President Xi Jinping’s vision of a Community of Shared Future for Mankind and its associated initiatives, including the Belt and Road Initiative, Global Development In…

#PakistanChinaDiplomaticTies

Business Recorder

‘USD53bn’ ISP 2025-35: PTI slams govt’s bid to secure approval from Nepra

ISLAMABAD: The opposition Pakistan Tehreek-e-Insaf (PTI) on Thursday criticised the government’s attempt to secure approval from the National Electric Power Regulatory Authority (Nepra) for a USD 53 billion Integrated System Plan (ISP) 2025-2035, …

#Economy #PMLN

Business Recorder

Bilawal briefed about governance, development of AJK

ISLAMABAD: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto Zardari held met Prime Minister of Azad Jammu and Kashmir Faisal Mumtaz Rathore at Zardari House on Thursday, where they discussed the political and administrative situation of the r…

#BilawalBhuttoZardari

Business Recorder

Highly wanted militant commander among 4 terrorists killed

ISLAMABAD: Security forces killed a highly wanted militant commander, identified as Khariji Umar alias Jan Mir alias Tor Saqib, along with four other terrorists during an intelligence-based operation in the Spinwam area of North Waziristan, securi…

Business Recorder

Bhasha, Tarbela projects: Minister concerned at manifold increase in projects’ costs

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal expressed serious concern and strong resentment over a Rs 5 billion cost escalation caused by delays in the PC-I approval of the Diamer Bhasha Dam Project an…

#BhashaTarbela #ProjectCosts

Business Recorder

Khalid Maqbool included in ECC

ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday handpicked Federal Minister for Education Dr Khalid Maqbool Siddiqui to join the Cabinet’s powerful Economic Coordination Committee (ECC), signalling a boost to coalition representation in top e…

#KhalidMaqbool #ECC

Business Recorder

IGCEP breaches constitutional provisions: KP

ISLAMABAD: Khyber Pakhtunkhwa government has strongly opposed the Indicative Generation Capacity Expansion Plan (IGCEP) 2025–35, terming it discriminatory and in violation of constitutional provisions as well as binding decisions of the Council of…

#IGCEP #KP

Business Recorder

APTMA says concerned at govt’s failure to implement cotton revival plan

ISLAMABAD: The All Pakistan Textile Mills Association (APTMA) has expressed serious concern over the government’s failure to implement the cotton revival plan approved by the Cabinet Committee on Essential/Cash Crops, chaired by Deputy Prime Minis…

#APTMA #CottonRevivalPlan

Business Recorder

Private petroleum company: FCC suspends SHC’s order regarding subsidy payment within a week

ISLAMABAD: The Federal Constitutional Court suspended a Sindh High Court (SHC) order regarding the payment billions of rupees in subsidy to a private petroleum company within one week. A two-member bench comprising Justice Aminuddin Khan and Justi…

#Petroleum #FCC #SHC

Business Recorder

Financial compliance rules: 4-month waiver granted on mango exports to Iran, C Asia

KARACHI: The Ministry of Commerce has granted a four-month exemption from the financial instrument requirement for mango exports to Iran and to Central Asian states via Iran, with the aim of promoting Pakistani mango exports and facilitating acces…

#FinancialCompliance #MangoExports #Iran