business recorder

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    Pakistan's Energy Dependence and Rising Costs

    New Delhi, March 11: Petrol and diesel prices in Pakistan have increased by nearly Rs 55 per liter after the outbreak of the Iran war, reflecting the country's energy import dependence in recent years, according to a report in Pakistani media.As global oil prices surge and shipping costs rise...
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    Business Chambers Urge Tax Reform in Pakistan

    New Delhi, March 3 – Pakistan’s high tax regime is stifling the formal economy, particularly industrial businesses, yet there seems to be no realization within the Federal Board of Revenue (FBR), which continues to extract heavily from the top 1 per cent of the population, according to an...
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    Conflicting Power Policies Impact Pakistan’s Manufacturing

    New Delhi, March 2 – The power sector policy of the Pakistani government remains chaotic, leading to further disappointment for the country's fragile industrial sector.Industrial consumers were told that electricity tariffs would fall by Rs 4.04 per unit for the January billing cycle. Within...
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    Export-Led Growth as a Path to Revitalize Pakistan's Economy

    New Delhi, February 24 – Pakistan's economy is in a dire state as inequality and poverty are rising, while the federal government is on the verge of bankruptcy, according to an article in Pakistani media.The article, published by the Business Recorder based in Karachi, advocates for export-led...
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