Business Recorder
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Business Recorder
Japanese CG attends book handover ceremony
KARACHI: The Consul General of Japan in Karachi, in collaboration with the Tokyo Foundation, attended a book handover ceremony at Greenwich University on Wednesday. The event marked the donation of 110 books under the “READ JAPAN PROJECT,” a cultu…
#Japan
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Business Recorder
Dust, thunderstorm, rain likely across upper, central parts
KARACHI: The Pakistan Meteorological Department (PMD) on Wednesday forecast dust and windstorms, rain and thunderstorms in upper and central parts of the country from June 11 to June 13, warning of possible urban flooding, damage to weak structure…
#WeatherAlert
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Business Recorder
PJBF urges govt to safeguard industrial investment, local manufacturing
KARACHI: The Pakistan Japan Business Forum (PJBF) has expressed serious concern over the reported consideration of a significant reduction in import duties on Completely Built- Up (CBU) vehicles, as well as substantial reductions in duties on loca…
#Economy
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Business Recorder
Sarwar Soomro’s poetry collection launched
KARACHI: “Sarwar Ko Yaad Rakhna” (Remembering Sarwar) was launched at Arts Council of Pakistan, Karachi, which was attended by government representatives, a large number of literary figures and journalists. Prominent amongst the attendees were Sin…
#SarwarSoomro #Culture
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Business Recorder
Budget: getting close to plugging the gap
EDITORIAL: Credible though still unconfirmed reports suggest that the two major coalition partners – the Pakistan Muslim League-Nawaz at the Centre and in Punjab and the Pakistan Peoples’ Party a coalition partner at the Centre and in Sindh – have…
#Budget2027 #Economy
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Business Recorder
The high cost of easy revenues
EDITORIAL: Pakistan is simultaneously running tight fiscal and monetary policies through primary fiscal surpluses and positive real interest rates. Growth has been compromised as a result of these stabilization efforts. However, these policies app…
#Economy
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Business Recorder
Buffalo genetic resources: Pakistan, China sign MTA
ISLAMABAD: Pakistan and China on Wednesday signed a Material Transfer Agreement (MTA) on buffalo genetic resources, paving the way for the export of high-value buffalo genetic material from Pakistan to China and opening new opportunities for the c…
#China
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Business Recorder
United Brands Limited (PSX: UBDL) was incorporated in Pakistan in 1965 as Batlay Match Industries Limited. The company rebranded itself as UDL Industries Limited in 1987 and consequently as United Brands Limited in 2006. UBDL is the subsidiary of …
#Economy
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Business Recorder
Trump says US will attack Iran ‘very hard’ and has taken oil through Hormuz
WASHINGTON: US President Donald Trump said on Wednesday that the United States will attack Iran if no peace deal is secured and that the US military secretly escorted ships carrying more than 100 million barrels of oil out of the Strait of Hormuz …
#DonaldTrump #IranVsAmerica #Economy #War
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Business Recorder
Indian central bank likely intervenes to support rupee, conducts swaps, traders say
MUMBAI: The Indian central bank likely stepped in to the foreign exchange market on Wednesday to support the rupee, three traders told Reuters, as maturing contracts in the non-deliverable forwards market exerted pressure on the currency. The Indi…
#India #Economy #Rupee
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