Latest News on Business, Finance and Markets from Pakistan

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News

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The GSP+ dividend: exports and employment

2+ hour, 28+ min ago   (669+ words) Today, as the current scheme approaches its conclusion, these exports stand at US$6.304 billion—more than 7 percent above the projected level. This export performance has also supported a substantial employment footprint. A 2017 ILO study estimated that approximately 4.2 million workers were…...

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Arif Saeed elected to ISSA Executive Board

2+ hour, 28+ min ago   (152+ words) Business Recorder KARACHI: Arif Saeed, President, Pakistan Olympic Association and President, South Asian Olympic Council, has been elected to the Executive Board of the Islamic Solidarity Sports Association (ISSA) as Regional Representative for Asia and Europe for the 2026–2029 term, further…...

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Wall Street Week Ahead: Investors brace for possible rate hike at uncertain Fed meeting

2+ hour, 28+ min ago   (498+ words) NEW YORK: Investors head into next week’s Federal Reserve meeting bracing for the central bank to raise interest rates, a move that could threaten a US stock market rally already showing some vulnerability to rising bond yields. For years, inflation…...

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Jam Kamal visits Hong Kong GCC

2+ hour, 28+ min ago   (295+ words) ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan visited the Hong Kong General Chamber of Commerce, where he met its Chairman and leading business representatives to discuss stronger business-to-business linkages, trade, investment and economic cooperation between Pakistan and Hong Kong....

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brecorder.com > news > 40/43/9358 > pd-proposes-rs75bn-fuel-relief-scheme

PD proposes Rs75bn fuel relief scheme

2+ hour, 28+ min ago   (837+ words) ISLAMABAD: The Petroleum Division has proposed a Rs75 billion Fuel Relief Scheme for three months to provide targeted relief of Rs100 per litre to around 11.8 million users of two-wheelers, three-wheelers and cars up to 800cc amid a sharp increase in petroleum prices triggered…...

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brecorder.com > news > 40439294

Ahead of Fed meeting, Trump says US should have world's lowest interest rate

9+ hour, 47+ min ago   (341+ words) President Trump asserted the US should have the world's lowest interest rates, pressuring the Federal Reserve ahead of its policy meeting despite inflation data suggesting a rate hike. DOONBEG: No country should have lower interest rates than the US, President…...

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brecorder.com > news > 40/43/9296 > fuel-relief-scheme-how-to-get-rs100litre-petrol-subsidy

Fuel relief scheme: How to get Rs100/litre petrol subsidy?

8+ hour, 26+ min ago   (49+ words) - Owners of vehicles with engines of up to 800cc will also be eligible...

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Pakistan???s economy through the lens of game theory

13+ hour, 5+ min ago   (973+ words) Pakistan faces a widening trade deficit due to declining exports and surging imports. Structural reforms in tariff policy and energy costs, inspired by Cambodia's success, are crucial to boost competitiveness and avoid further crises. Pakistan’s external trade is flashing another…...

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Pakistan’s economic prisoner’s dilemma: Why rational choices keep producing irrational economy

13+ hour, 58+ min ago   (949+ words) Business Recorder - Low taxation, inadequate investment, weak exports, poor education contributed to Pakistan's failure to transform Pakistan's economic stagnation, compared to peers like South Korea, stems from a "Prisoner's Dilemma" where rational individual choices create collective economic failure due to…...

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brecorder.com > news > 40/43/9287 > pakistans-economic-prisoners-dilemma-why-rational-choices-keep-producing-irrational-economy

Pakistan???s economic prisoner???s dilemma: Why rational choices keep producing irrational economy

13+ hour, 58+ min ago   (949+ words) Pakistan’s economic prisoner’s dilemma: Why rational choices keep producing irrational economy Business Recorder - Low taxation, inadequate investment, weak exports, poor education contributed to Pakistan's failure to transform Pakistan's economic stagnation, compared to peers like South Korea, stems from a "Prisoner's…...