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Business Recorder
Capital market infrastructure: Chinese consortium to expand investment
ISLAMABAD: Chinese investors have reaffirmed their long-term commitment to Pakistan’s capital markets following the resolution of key regulatory matters by the Securities and Exchange Commission of Pakistan (SECP), paving the way for increased inv…
#Investment #Economy
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Business Recorder
Sharjeel urges opponents to work together for people
KARACHI: Sindh Senior Minister and Provincial Minister for Information, Transport and Mass Transit Sharjeel Inam Memon has said that the Sindh government has not made claims but has shown them by work, work and work, and we also tell the opponents…
#SharjeelMemon
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Business Recorder
Power subsidies: The reform that forgot to show up
At first glance, the FY27 federal budget appears short on surprises for the power sector. The headline subsidy allocation looks largely in line with expectations. But a closer look at the Rs248 billion earmarked for the Inter-DISCO Tariff Differen…
#Economy #GovernmentExpenditure
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Business Recorder
SBP holding rates, watching risks
As expected, the SBP kept the policy rate unchanged at 11.5 percent. Overall, the stance is hawkish, and barring any shock—whether from energy prices or climate-related events—inflation is likely to taper off over the next few months. Analysts, an…
#Economy
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Business Recorder
Telecom firms asked to justify lower tax revenue impact
ISLAMABAD: The Senate Standing Committee on Finance and Revenue asked the Telecom Operators’ Association (TOA) to provide written justification for its claim that reducing the advance tax on telecom services from 15 percent to 8 percent would lead…
#SuperTax #Economy
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Business Recorder
Iran envoy appreciates facilitation of peace deal
ISLAMABAD: Iran appreciates the sincere efforts of Pakistan’s political and military leadership in facilitating the ceasefire and peace agreement between Iran and the United States. This was stated by the Ambassador of Iran to Pakistan, Reza Amiri…
#IranAmericaDeal
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Business Recorder
First time in 8 years: Karachi Port hits 2,000 vessel calls milestone
ISLAMABAD: Karachi Port has crossed the milestone of 2,000 vessel calls for the first time in nearly eight years, reflecting a steady rise in maritime trade activity and strengthening the port’s position as Pakistan’s main gateway for internationa…
#Karachi #EconomicGrowth
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Business Recorder
‘DigiSME’ initiative: SMEDA directed to work closely with Alibaba
ISLAMABAD: Special Assistant to the Prime Minister (SAPM) on Industries and Production, Haroon Akhtar Khan, has directed Small and Medium Enterprises Development Authority (SMEDA) to work closely with Alibaba Group to ensure that micro, small and …
#Development
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Business Recorder
ISLAMABAD: The Federal Board of Revenue (FBR) revealed on Monday that 8,697 individuals holding deposits worth Rs750 billion reported zero income, while nearly 80 percent of top property buyers materially underreported their deposits in tax filing…
#Economy #GovernmentExpenditure
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Business Recorder
Opposition assails govt for ‘growing’ economic mismanagement
ISLAMABAD: The National Assembly on Monday witnessed a heated debate on the federal budget 2026-27, as opposition lawmakers sharply criticised rising inflation, economic mismanagement, and what they described as a shrinking space for political dis…
#PakistanPolitics
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