Trends - Economic distress - Business Recorder

Editorials

The battle for TERF

EDITORIAL: Temporary Economic Refinance Facility (TERF) was a concessionary finance scheme that was offered to...

Updated 07 Jul, 2023 11:01am

Opinion

SBA won’t cut it

Fine, it was the single biggest one-day jump in the stock market in 15 years. But is it really that unbelievable,...

Updated 06 Jul, 2023 06:20am

Opinion

Super tax and tax on bonus: misinterpretation of basic accounting–II

Now, if the rationale, intention and equitability have to prevail, the following will be the answer: the tax super...

Updated 06 Jul, 2023 06:24am

Business & Finance

‘Charter of economy’: LCCI invites heads of all parties for discussion

LAHORE: The Lahore Chamber of Commerce & Industry (LCCI) has taken a proactive step in addressing Pakistan’s...

Published 06 Jul, 2023 05:42am

Print

US envoy calls on Dar, discusses IMF ‘relief’

Ambassador of the United States of America Donald Blome expresses confidence in the policies and programmes of the government for bringing economic sustainability

Updated 06 Jul, 2023 08:45am

Print

Govt debt stocks hit all-time high of Rs59trn

KARACHI: The federal government’s total debt stocks rose to an all-time high level of Rs 59 trillion at the end of...

Updated 06 Jul, 2023 08:35am

Pakistan

Govt striving to turn country into global export hub: Ahsan

ISLAMABAD: As the country’s exports fell by 12 percent during the first 10 months of FY 2023, Federal Minister for...

Published 06 Jul, 2023 05:42am

Pakistan

There’s no default threat now, says PM

ISLAMABAD: Prime Minister Shehbaz Sharif while expressing commitment to fully comply with the International Monetary...

Updated 06 Jul, 2023 08:37am

Editorials

There’s need for forging ahead on own steam

EDITORIAL: Rating agency Moody’s has warned that Pakistan’s liquidity risks remain high in spite of the...

Updated 06 Jul, 2023 06:14am

Opinion

Trade winds: On falling exports

The export figures for the eleven months of fiscal year 2022-23 are very disappointing. We had got used to export...

Published 05 Jul, 2023 06:00am

Editorials

Inflation down MoM

EDITORIAL: Consumer Price Index (CPI) for June dropped by 8.6 percentage points compared to the month before – ...

Published 05 Jul, 2023 06:00am

Print

Imported fuel for power generation: Nepra blames forex scarcity for load-shedding

Nepra Chairman Tauseef H Farooqi says 63 percent of generation is based on imported fuels

Updated 05 Jul, 2023 11:22am

Business & Finance

Challenges of inflation, external payments: SBP governor explains IMF SBA’s efficacy

KARACHI: State Bank of Pakistan (SBP) Governor Jameel Ahmad Tuesday said the country is facing two key challenges of...

Published 05 Jul, 2023 06:00am

Technology

Pakistan’s startup funding suffers massive fall in April-June

Funding attained by Pakistani startups on a quarterly basis fell to the lowest level in three years during...

Published 04 Jul, 2023 12:06pm

Opinion

The youth bulge

The high rate of population growth of Pakistan, among the highest in the world, has led to the emergence of a large...

Updated 04 Jul, 2023 05:50am

Opinion

The more things change…

After a three weeks sojourn in the UK, returning to Pakistan was a case of an overdose of déjà vu. But I must not...

Updated 04 Jul, 2023 05:59am

Editorials

IMF: We have to pay the price we deserve to pay

EDITORIAL: While specific details of precisely what are the prior conditions that the government has agreed to in ...

Updated 04 Jul, 2023 05:45am

Print

Risks undermining MTDS targets identified

ISLAMABAD: The estimates of key economic indicators are prone to certain risks and vulnerabilities that could cause...

Updated 04 Jul, 2023 09:08am

Print

IMF deal to support macroeconomic stability: Moody’s

ISLAMABAD: Moody’s Investors Service (Moody’s) Monday said that Pakistan’s new deal with the International Monetary...

Updated 04 Jul, 2023 09:06am

Business & Finance

June CPI inflation rises to 29.4pc YoY

ISLAMABAD: The Consumer Price Index (CPI) based inflation increased to 29.4 percent on a year-on-year basis in June...

Published 04 Jul, 2023 05:07am

Business & Finance

Jul-Jun trade deficit shrinks 43.03pc to $27.547bn YoY

ISLAMABAD: Pakistan’s trade deficit narrowed by 43.03 per cent to $27.547 billion during the fiscal year 2022-23...

Published 04 Jul, 2023 05:07am

Business & Finance

TMA leader hails Pakistan’s $3bn SBA with IMF

KARACHI: The Senior Vice Chairman of the Towel Manufacturers Association of Pakistan Syed Usman Ali welcomed the...

Published 04 Jul, 2023 05:07am

Business & Finance

Agriauto announces partial plant shutdown in July

Agriauto Industries Limited, a manufacturer of auto components, announced it will partially shut down its plant...

Published 03 Jul, 2023 12:33pm

Markets

Lowest reading since Jan: Pakistan’s headline inflation slows to 29.4% in June

Inflation in May had hit a record high at 38%
June's reading takes FY23 average to 29.18% compared to 12.15% in FY22

Updated 03 Jul, 2023 07:04pm

Opinion

Criticality of foreign investment

Apparently, foreign investors are finding it difficult to maintain sustainability of their businesses in Pakistan....

Updated 03 Jul, 2023 07:56am

Opinion

Kicking the can

An IMF (International Monetary Fund) deal is finally done. This is good news as it has averted the growing concerns...

Updated 03 Jul, 2023 07:58am

Print

PTI accused of seeking to scuttle IMF deal

Federal Minister for Planning, Development and Reform Ahsan Iqbal says party crossed all limits in its hatred against state

Updated 03 Jul, 2023 09:03am

Business & Finance

PEW underscores need for implementing IMF ‘roadmap’ of reforms

ISLAMABAD: Dr Murtaza Mughal, President of Pakistan Economy Watch (PEW) said on Sunday that after efforts Pakistan...

Published 03 Jul, 2023 06:04am

Editorials

Living up to our own track record

EDITORIAL: We have yet again failed to complete an IMF programme, which perhaps was the toughest one for the...

Published 03 Jul, 2023 06:04am

Business & Finance

Hike in energy rates to hurt economy: PDP

Karachi: Expressing serious concern over reports of further hike in oil and gas prices following new loan from...

Published 03 Jul, 2023 06:04am