Friday, January 16, 2026

Why does the choice of FBR chairman matter for Pakistan?

Whenever a chairman of the country's premier revenue body retires, infighting starts between the Custom service and Inland revenue service officers to capture the post

The diesel smuggling racket and it’s long shadow 

As petrol prices continue to soar and inflation hits all-time high in Pakistan, the demand for cheap, imported, petroleum products has risen dramatically 

Exclusive: OPEC upbeat over 2024 oil demand outlook despite slowdown

OPEC will likely maintain an upbeat view on oil demand growth for next year when it publishes its first outlook later this month, predicting...

 91 illegal farm housing schemes uncovered in Lahore

LAHORE: The authorities in Lahore have uncovered a staggering 91 illegal farm housing schemes within the city. The discovery has raised concerns about unauthorized...

Rising costs pushes Amazon, other retailers to revisit ‘free’ shipping

LOS ANGELES: There is no such thing as free shipping. Even so, Amazon and other online retailers who use so-called free delivery to cultivate customer loyalty are...

Lost chance for prosperity: Govt’s inaction hampers Pakistan’s oil refining sector

Writing for The Express Tribune, author Sarfaraz Khan portrays the potential advantages that could have been realized through the development of the oil refining...

For the average Pakistani household, loans are becoming a replacement for insurance

Pakistan’s financial inclusion numbers have shot up in the past decade but access to formal credit remains seriously misaligned with the average household’s needs

FATF grey-listing does not affect Pakistan’s ability to borrow: IMF deputy director

The grey-listing of Pakistan by the global watchdog Financial Action Task Force (FATF) has no direct consequences for its ability to borrow from the...

Musk, experts urge pause on training AI systems more powerful than GPT-4

Elon Musk and a group of artificial intelligence experts and industry executives are calling for a six-month pause in training systems more powerful than...

Investors await financial assistance, remain undeterred by EM Review  

The Pakistan Stock Exchange closed the week at 41,661 points, increasing (+0.66 per cent) from the previous week. The average daily turnover saw an...

BRR Guardian Limited announces merger with BRR Guardian Modaraba

Formed in 1983, B.R.R. Investments (Private) Limited (BRRI) aimed to promote leasing investments in Pakistan

Gwadar and Chabahar different since inception: Manish Tewari

WASHINGTON: Former Union Minister of State in India, Manish Tewari has made comparisons between Gwadar port in Pakistan and Chabahar port in Iran, stating...

Oil rises on Saudi plan to deepen output cuts from July

Oil prices rose by more than $1 a barrel on Monday after top crude exporter Saudi Arabia pledged to cut production by a further...

Restrictions on free flow of capital in Pakistan lead to creation of grey market

Writing for Business Recorder, economist Ali Khizar suggested that Pakistan should remove restrictions on dollar outflows in order to attract long-term foreign investment in...

Pakistan amongst best performers, up by 12pc on MSCI, says report

LAHORE: Despite political and external pressures, Pakistan has recorded a surge of 12 per cent on the MSCI index and 6 per cent on...