Muhammad Ali Latif FCA TEXT: President, Institute of Chartered Accountants of Pakistan (ICAP) In the face of growing demand for reporting... Published 13 Oct, 2023 07:25am
Ather Saleem FCMA, Chairman, Joint Committee of ICAP & ICMA TEXT: The Best Corporate and Sustainability Report Awards 2023 are being organized on October 12, 2023, in Karachi ... Published 13 Oct, 2023 07:25am
Abdul Rahim Suriya FCA, FCMA, Chairman, Evaluation Committee TEXT: The Chief Guest, the Guest of Honors, Dignitaries, Ladies and Gentlemen, Assalamu alaykum I welcome all of ... Published 13 Oct, 2023 07:25am
Best Corporate and Sustainability Report Awards Ceremony for the year 2022 Dr. Arif Alvi, President of the Islamic Republic of Pakistan TEXT: I am pleased to learn that the Institute of... Published 13 Oct, 2023 07:25am
Anwaar-ul-Haq Kakar: Caretaker Prime Minister of the Islamic Republic of Pakistan TEXT: The Best Corporate and Sustainability Report Awards are being organized by the Institute of Chartered... Published 13 Oct, 2023 07:24am
SHEHZAD AHMED MALIK FCMA, President, Institute of Cost & Management Accountants of Pakistan (ICMAP) TEXT: The Best Corporate and Sustainability Report Awards 2023, scheduled for October 12, 2023, mark an occasion of... Published 13 Oct, 2023 07:24am
ICAP Profile TEXT: The Institute of Chartered Accountants of Pakistan (ICAP), a self-governing, autonomous body, was formed under... Published 13 Oct, 2023 07:22am
ICMA Profile TEXT: Institute of Cost and Management Accountants (ICMA) of Pakistan is one of the leading professional accounting... Published 13 Oct, 2023 07:21am
Best Corporate Reports 2022 Awards: Award winning companies TEXT: (In Alphabetical Order. Rankings will be revealed during the ceremony) BANKS • Allied Bank Limited •... Published 13 Oct, 2023 07:21am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (October 12, 2023). ==================================== BR... Published 13 Oct, 2023 06:00am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Thursday (October 12, 2023). ======================================= Offset... Published 13 Oct, 2023 06:00am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Thursday (October 12, 2023)... Published 13 Oct, 2023 05:58am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (October 12, 2023).... Published 13 Oct, 2023 05:58am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (October 12, 2023).... Published 13 Oct, 2023 05:58am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Thursday (October 12, 2023). ======================== Open Bid... Published 13 Oct, 2023 05:58am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Thursday (October... Published 13 Oct, 2023 05:53am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Thursday (October 12, 2023). ========================== KIBOR... Published 13 Oct, 2023 05:53am
The Weather KARACHI: The weather report on Thursday (October 12, 2023) and the forecast for Friday (October 13, 2023)... Published 13 Oct, 2023 05:50am
CDA continues its anti-encroachment campaign ISLAMABAD: The Capital Development Authority (CDA) on Thursday continued its anti-encroachment campaign. Under this... Published 13 Oct, 2023 05:50am
CDA management visits Sectors C-14, C-15 and C-16 ISLAMABAD: The Capital Development Authority (CDA) management visited Sectors C-14, C-15, and C-16 of Islamabad on... Published 13 Oct, 2023 05:50am
CS reviews progress on 33 priority projects LAHORE: Chief Secretary Punjab Zahid Akhtar Zaman, on Thursday, reviewed the pace of work on the 33 priority... Published 13 Oct, 2023 05:50am
‘KP home dept dishonoured sanctity of Senate’ ISLAMABAD: Senator Hidayatullah on Thursday lambasted Khyber-Pakhtunkhwa home department for withdrawing its... Published 13 Oct, 2023 05:50am
Toshakhana case and Al-Qadir Trust case: ‘NAB not bound to inform Bushra about her arrest’ ISLAMABAD: The Accountability Court on Thursday ruled that the National Accountability Bureau (NAB) is not bound to... Published 13 Oct, 2023 05:50am
IG Punjab meets CEO of Netsol LAHORE: Inspector General Police Punjab Dr Usman Anwar called on Saleem Ghauri, CEO of IT and Software Solutions... Published 13 Oct, 2023 05:50am
Money laundering case against Elahis adjourned till 23rd LAHORE: A special court (central) on Thursday adjourned to October 23 the hearing of a money laundering case against... Published 13 Oct, 2023 05:50am
Need for raising awareness about breast cancer stressed LAHORE: Out of all the cancers, breast cancer can be treated and cured if detected early, hence, increasing the... Published 13 Oct, 2023 05:50am
Arbitration: Overview of proposed legislation given ISLAMABAD: The Arbitration Law Review Committee (ALRC) was informed that proposed legislation will help in resolving... Published 13 Oct, 2023 05:50am
Palestine a matter of faith for Muslims: JI KARACHI: Jamaat-e-Islami (JI) Karachi Ameer Engr Hafiz Naeemur Rehman has said that Palestine is a matter of faith... Published 13 Oct, 2023 05:50am
Saudi prince, Iran president discuss Israel-Hamas war RIYADH: Saudi Arabia’s de facto ruler and Iran’s president spoke by phone about the war between Israel and ... Published 13 Oct, 2023 05:50am
China, India hold military chief-level talks on border issues BEIJING: China and India held the 20th round of military chief-level talks on Oct.9-10, the Chinese defence ministry... Published 13 Oct, 2023 05:50am
Putin in Kyrgyzstan for first trip abroad since court arrest warrant BISHKEK (Kyrgyzstan): Vladimir Putin arrived in Kyrgyzstan Thursday, visiting abroad for the first time since the... Published 13 Oct, 2023 05:50am
US sanctions two tanker owners for carrying Russian oil above price cap WASHINGTON: The US on Thursday imposed the first sanctions on owners of tankers carrying Russian oil above the G7... Published 13 Oct, 2023 05:50am
Food, fresh water rapidly running out: WFP ROME: The United Nations World Food Programme (WFP) warned on Thursday that crucial supplies were running ... Published 13 Oct, 2023 05:50am
PKRC demands debt cancellation LAHORE: The Pakistan Kissan Rabita Committee (PKRC) on Thursday held a demonstration in the provincial metropolis to... Published 13 Oct, 2023 05:50am
Police Feedback Management System launched LAHORE: Punjab Police has become the first police organization in Pakistan to start citizen feedback system on the... Published 13 Oct, 2023 05:50am
Cases against civilians in military courts: PTI for halting process of conducting trial ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Thursday demanded that the concerned quarters and the authorities ... Published 13 Oct, 2023 05:50am
Flawed policies: PU-CoPs GB meeting censures PU administration LAHORE: The Punjab University Council of Professionals (PU-CoPs) general body meeting strongly censured the PU... Published 13 Oct, 2023 05:50am
Health welfare of martyrs’ families: Punjab Police ink MoUs with all major govt hospitals LAHORE: Inspector General Police Punjab Dr. Usman Anwar has signed MOUs with all major government hospitals of... Published 13 Oct, 2023 05:50am
Remand of PTI leaders extended LAHORE: An Anti Terrorism Court on Thursday extended the remand of PTI leaders Dr Yasmin Rashid, Ijaz Chaudhry and... Published 13 Oct, 2023 05:50am
‘RUDA believes in cleaner & greener environment’ LAHORE: Ravi Urban Development Authority (RUDA) CEO Imran Amin said that they believe in a cleaner and greener... Published 13 Oct, 2023 05:50am
Deficiencies in student’s thesis: UHS to hold supervisors, evaluators accountable LAHORE: The Advanced Studies and Research Board (ASRB) of the University of Health Sciences (UHS) has decided to ... Published 13 Oct, 2023 05:50am
WCLA, GCU sign MoU to preserve cultural heritage LAHORE: The Walled City of Lahore Authority (WCLA) and Government College University Lahore (GCU) on Thursday signed... Published 13 Oct, 2023 05:50am
Outside main building of Ministry: No damage to record or infrastructure reported ISLAMABAD: Foreign Office spokesperson Mumtaz Zahra Baloch said on Thursday that a small fire erupted because of... Published 13 Oct, 2023 05:50am
Imran says he’s ‘stronger than ever’ ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan on Thursday reiterated his resolve that he would not... Published 13 Oct, 2023 05:50am
CERT Rules, 2023 notified to bolster cyber security defences ISLAMABAD: The Ministry of Information Technology and Telecommunication on Thursday notified the Computer Emergency... Published 13 Oct, 2023 05:50am
Kashmir cause: PM lauds sustained efforts of OIC ISLAMABAD: The Organization of Islamic Cooperation (OIC) Secretary General’s Special Envoy for Jammu and Kashmir... Published 13 Oct, 2023 05:50am
Qatar armed forces’ chief meets COAS ISLAMABAD: Chief of Staff of Qatar Armed Forces Lieutenant General (Pilot) Salem Hamad Eqail Al-Nabet Thursday ... Published 13 Oct, 2023 05:50am
20th Int’l 3P mega exhibition inaugurated KARACHI: 20th International 3P Plas Print Pack Pakistan - Country’s pioneer and biggest exhibition for plastic,... Published 13 Oct, 2023 05:50am
Cipher case: IK’s pleas clubbed ISLAMABAD: The Islamabad High Court (IHC), Thursday, clubbed Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan’s... Published 13 Oct, 2023 05:50am
Vandalism at FJC: ATC approves IK’s bail in three cases ISLAMABAD: An Anti-Terrorism Court (ATC), on Thursday, approved bail of Pakistan Tehreek-e-Insaf (PTI) Chairman and... Published 13 Oct, 2023 05:50am
Syngenta Pakistan recognised for its contribution towards female farmers LAHORE: Syngenta Pakistan Limited, a leading agriculture innovation and technology company that provides crop... Published 13 Oct, 2023 05:50am
ANF spends $14m annually to capture, dispose of $6bn worth of narcotics: official LAHORE: Commander Anti-Narcotics Force Punjab Brigadier Sikandar Hayat Chaudhry said that narcotics is a strategic... Published 13 Oct, 2023 05:50am
HRD LESCO resigns LAHORE: Human Resource Director (HRD) LESCO Azia Shoaib has resigned while the Company Secretary is all set to face... Published 13 Oct, 2023 05:50am
UK Political Counsellor meets Aleem Khan LAHORE: The Political Counsellor of the United Kingdom in Pakistan, Ms Zoe Weir, called on President... Published 13 Oct, 2023 05:50am
Traders’ convention: Shehbaz explains criticality of political, economic stability LAHORE: Terming political stability inevitable for bringing economic development, Pakistan Muslim League-Nawaz... Published 13 Oct, 2023 05:50am
‘Digitalized Pest Surveillance and Reporting System’ launched LAHORE: The Punjab Agriculture Department on Thursday launched the “Digitalized Pest Surveillance and Reporting... Published 13 Oct, 2023 05:50am
Upgradation of 750 police stations planned LAHORE: Announcing that the government would extend full support to the Punjab Highways Patrol police, the caretaker... Published 13 Oct, 2023 05:50am
CPEC and media exchanges: Chinese CG invites suggestions from APNS KARACHI: The Consul General of the People’s Republic of China Yang Yundong visited the office of All Pakistan... Published 13 Oct, 2023 05:50am
AGP identifies financial ‘irregularities’ in NHA ISLAMABAD: The Auditor General of Pakistan (AGP) observed grave financial irregularities in the National Highways... Published 13 Oct, 2023 05:50am
Sindh govt to launch land record digitization project KARACHI: Sindh government is starting an ambitious project of digitization of land records of entire province, as... Published 13 Oct, 2023 05:50am
Announcement Dear readers, Business Recorder has introduced a QR Code for one of its sections (daily stocks, dates of closure of... Published 13 Oct, 2023 05:50am
PM asks ministries to help resolve issues facing newspaper industry ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq has directed the Ministry of Finance and Information and... Published 13 Oct, 2023 05:50am
Forex Currency values in terms of Special Drawing Rights WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special... Published 13 Oct, 2023 05:50am
Rates LME official prices LONDON: The following were Wednesday official prices. ========================================= ALUMINIUM... Published 13 Oct, 2023 05:50am
Energy Oil prices rise on expectations NEW YORK: Oil prices rose on Thursday on expectations that US interest rates had peaked, but gains were capped by a... Published 13 Oct, 2023 05:50am
Commodities Japanese rubber SINGAPORE: Japanese rubber futures jumped to a 15-month high on Thursday amid hopes of more economic stimulus in... Published 13 Oct, 2023 05:50am
Cotton & Textile Modest business on cotton market LAHORE: The local cotton market on Thursday remained bearish and the trading volume remained a little bit low.... Published 13 Oct, 2023 05:50am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Thursday (October 12, 2023)... Published 13 Oct, 2023 05:50am
Commodities Copper slides, under pressure from firm dollar LONDON: Copper prices eased on Thursday after US inflation data boosted the dollar, though measures to support the... Published 13 Oct, 2023 05:50am
Commodities PMEX daily trading report KARACHI: On Wednesday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 18.569... Published 13 Oct, 2023 05:50am
Commodities Gold trims gains after US inflation data BENGALURU: Gold prices pared gains on Thursday as dollar and Treasury yields ticked higher after US consumer prices... Published 13 Oct, 2023 05:50am
Commodities Soybeans recover PARIS/CANBERRA: Chicago soybean futures edged up on Thursday, steadying after a 22-month low as the oilseed markets... Published 13 Oct, 2023 05:50am
Rates Activities of Karachi Port and Port Qasim KARACHI: The Karachi Port Trust handled 194,726 tonnes of cargo comprising 122,935 tonnes of import cargo and 71,791... Published 13 Oct, 2023 05:50am
Stocks Indian shares dragged by IT stocks, earnings BENGALURU: Indian shares closed lower on Thursday, dragged by a slide in information technology (IT) stocks on weak... Published 13 Oct, 2023 05:50am
Stocks Most Gulf shares rise on strong oil DUBAI: Most stock markets in the Gulf rose on Thursday, tracking higher oil prices, while traders kept an eye on the... Published 13 Oct, 2023 05:50am
Stocks China stocks close up after state fund boosts stakes in banks SHANGHAI: Chinese shares closed higher on Thursday after a state fund increased its stakes in the country’s ... Published 13 Oct, 2023 05:50am
Stocks European stocks trim early gains after US CPI data PARIS: European stocks pared early gains on Thursday after US September inflation rose by more than expected, while... Published 13 Oct, 2023 05:50am
Stocks Wall Street muted as investors digest inflation data NEW YORK: Wall Street’s main indexes were subdued in choppy trading on Thursday, as data showed consumer prices... Published 13 Oct, 2023 05:50am
No more business as usual—V Much-needed measures for documenting the economy await promulgation of an ordinance for integration of data across... Updated 13 Oct, 2023 06:46am
Letters Hamas attacks on Israel constitute another 9/11 for US? Israel cannot imprison 2.3 Palestinians in the Gaza Strip, the world’s largest open air prison, forever. It will... Published 13 Oct, 2023 05:50am
Debt and austerity: developing world deep in economic crises In its ‘World Economic Outlook, October 2023’ Report, the International Monetary Fund (IMF) has said that ‘The... Updated 13 Oct, 2023 06:40am
Economic impasse and political instability The economic challenges of Pakistan are appallingly enduring, and unless we effectively address fiscal discipline... Updated 13 Oct, 2023 06:26am
Energy SNGPL says not issued any gas schedule LAHORE: Sui Northern Gas Pipelines Limited (SNGPL) has denied issuance of any gas schedule by the company.According... Published 13 Oct, 2023 05:50am
PARTLY FACETIOUS: Will Nawaz land in Pakistan on Oct 21? “Is it too much to ask for three to four hundred thousand of one’s voters to come out and welcome one!” “I... Published 13 Oct, 2023 05:50am
Rates Stocks stay the bullish course KARACHI: A bullish trend continued on Pakistan Stock Exchange on ninth consecutive day on the back of strong local... Published 13 Oct, 2023 05:50am
SECP registers 2,477 new companies in September ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) registered 2,477 new companies in September... Published 13 Oct, 2023 05:50am
Commodities Indian rice prices slip as buyers seek clarity on export curbs MUMBAI/ HANOI/ BANGLADESH: Prices of parboiled rice exported from India extended their decline this week as buyers... Published 13 Oct, 2023 05:50am
Commodities Asia coffee: Vietnam premiums high ahead of fresh bean arrival HANOI/BANDAR LAMPUNG: Vietnamese robusta beans stayed at hefty premiums this week as fresh beans from the new crop... Published 13 Oct, 2023 05:50am
Commodities Malaysian palm oil rises MUMBAI: Malaysian palm oil futures rose on Thursday on improvement in demand from China and as top producer ... Published 13 Oct, 2023 05:50am
Both banknotes of Rs75 legal tender: SBP KARACHI: The State Bank of Pakistan (SBP) has clarified that under Section 25 of the State Bank of Pakistan Act,... Published 13 Oct, 2023 05:50am
MCML exports 14 Oshan X7 SUVs to Kenya KARACHI: In a groundbreaking achievement for the Pakistani automotive industry, Master Changan Motors Ltd (MCML), a... Published 13 Oct, 2023 05:50am
Parliament and judiciary EDITORIAL: The nation is much wiser about the respective positions and jurisdictions of parliament and the judiciary... Published 13 Oct, 2023 05:50am
Growth rate downgrade EDITORIAL: In a report titled “World Economic Outlook 2023 Navigating Global Divergences,” the International... Published 13 Oct, 2023 05:50am
FBL & SLIC to offer Shariah-compliant Takaful products to customers KARACHI: In a recent ceremony hosted at State Life Insurance Corporation of Pakistan (SLIC) Head Office – Window... Published 13 Oct, 2023 05:50am
PCJCCI, E-commerce Gateway to hold ‘Textile Asia Int’l Trade Fair’ from today LAHORE: Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) collaborated with E-commerce Gateway Pakistan... Published 13 Oct, 2023 05:50am
‘CEO Roundtable Session’: ABC Pakistan welcomes US CG KARACHI: The American Business Council Pakistan (ABC) hosted an exclusive welcome and CEO Roundtable session on... Published 13 Oct, 2023 05:50am
‘Illicit cigarettes to inflict Rs300bn annual loss on kitty’ ISLAMABAD: The documented tobacco industry has estimated to pay Rs242 billion federal excise duty/sales tax in the... Updated 13 Oct, 2023 08:46am
Companies Move to settle Al-Jomaih-KES dispute: Ministerial body to meet on 16th ISLAMABAD: The Power Division has convened a meeting of three-member ministerial committee on October 16, 2023 to... Updated 13 Oct, 2023 09:28am
Minister says work on CPEC expedited ISLAMABAD: Caretaker Minister for Planning, Development and Special Initiatives Muhammad Sami Saeed said that work... Updated 13 Oct, 2023 08:45am
PM to highlight future priorities of CPEC during China visit: FO ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar will highlight the future priorities of the China-Pakistan... Updated 13 Oct, 2023 09:26am