Perspectives Moving away from stabilisation to industrial sector growth: there is some time Complete independence cannot be achieved without economic stability. These words have never sounded truer. A few... Published 11 Oct, 2024 01:12am
Pakistan Pakistan’s economy to grow at 3.2%, face 9.2% inflation, projects IMF The International Monetary Fund (IMF) has projected Pakistan’s GDP growth at 3.2% during FY25, compared to 2.4%... Updated 28 Sep, 2024 10:46pm
Markets Explaining the price-surge: all that glitters is gold in Pakistan The price of one-tola gold in Pakistan hit yet another all-time high on Tuesday to Rs273,000, breaking the previous... Published 24 Sep, 2024 04:43pm
Business & Finance SBP’s profit hits record Rs3.4tn in FY24, govt set for windfall Higher interest rates, exchange gain help central bank post record earnings Updated 23 Sep, 2024 11:01pm
Perspectives Mini budget in offing?: increase tax collection by respecting taxpayers With each passing month, the government’s target to collect Rs12.97 trillion as Federal Board of Revenue’s (FBR)... Updated 07 Sep, 2024 02:26pm
Markets Analysts expect SBP to continue easing in next week’s monetary policy announcement Most experts Business Recorder reached out to see decline between 100 to 200 bps Updated 05 Sep, 2024 08:29pm
Perspectives You should have seen it coming: solar surge in Karachi amid escalating energy costs In Karachi, Pakistan’s largest metropolis, residents are increasingly turning to solar as a solution to soaring... Published 17 Aug, 2024 12:11pm
Markets Pakistan will face no difficulty in meeting external debt obligations in FY25: SBP governor Pakistan will not face an issue in meeting its external payment obligations in the current fiscal year (FY25), said... Updated 29 Jul, 2024 07:33pm
Pakistan PBC apologies for mistake, now says Pakistan’s salaried class paying up to 3 times more tax than in India After posting a detailed chart showing how Pakistan’s salaried class is paying up to 9.4 times more tax than in... Updated 26 Jul, 2024 05:10pm
Perspectives Fault lies within: to fix the economy, look inward There weren’t much high hopes when Finance Minister Mohammed Aurangzeb started delivering his budget speech on June... Published 17 Jul, 2024 10:43pm
Pakistan Taxing Pakistan’s agriculture sector: IMF push ‘a move in the right direction’ Islamabad will be required to complete a number of conditions as it moves ahead with $7-billion EFF; reforms will include bringing retail, export, and agriculture sectors properly into taxation system Updated 13 Jul, 2024 10:15pm
Markets Arif Habib Limited now expects KSE-100 to hit 109,000 by June 2025 Propelled by optimism over inking a “new longer and larger” programme with the International Monetary Fund (IMF) and... Updated 04 Jul, 2024 08:53pm
Markets KSE-100’s record run: PSX world’s best-performing market in FY24, outlook stays positive The Pakistan Stock Exchange (PSX) emerged as the best performing equity market in the world during fiscal year... Updated 29 Jun, 2024 02:35pm
Markets Pakistan’s remittances to recover and grow in 2024, 2025: World Bank Remittance flows in Pakistan to hit $30 billion in 2025, says global body in report Updated 27 Jun, 2024 08:13pm
Business & Finance Chinese giant BYD partners with HUBCO subsidiary to introduce EVs in Pakistan HUBCO announced on Friday that its wholly-owned subsidiary (Hub Power Holdings) – through its associated company... Updated 21 Jun, 2024 09:50pm
Pakistan Imposition of further taxes on salaried group to ‘accelerate brain drain’ in Pakistan: PBC The Pakistan Business Council (PBC), the country’s largest corporate advocacy platform, has warned that the... Updated 20 Jun, 2024 10:42pm
Pakistan Budget 2024-25: Pakistan eyes over $20bn in external financing Authorities in Islamabad have budgeted Rs5.685 trillion or over $20.3 billion to be acquired through external... Published 12 Jun, 2024 10:20pm
Pakistan Aurangzeb says some rollovers, return of commercial bank borrowing ways to manage external debt in FY25 Finance Minister Muhammad Aurangzeb sounded a confident tone, saying that Pakistan will meet its external debt... Updated 11 Jun, 2024 11:56pm
Markets Start of monetary easing: experts weigh in on SBP’s decision to cut key policy rate Development comes a couple of days ahead of budget announcement Updated 10 Jun, 2024 11:03pm
Markets Amid high tariffs, Pakistan’s industrial base is ramping up transition to solar power Taking advantage of the natural resource at their disposal, industries in Pakistan are switching towards solar to... Updated 15 May, 2024 11:06pm