Business Recorder

Where business meets the bigger picture. Markets, economy & key happenings from Pakistan and beyond.

[Business Recorder @brecorder_com]

The budget 2026-27 was unveiled by Finance Minister Mohammad Aurangzeb on Friday. Shortly after every budget, the Federal Board of Revenue releases the finance bill.

You can access the Finance Bill 2026-27 here.

https://t.co/Udxf7N3PLd

#BudgetFy27 #brecorderNews

[Business Recorder @brecorder_com]

State Bank of Pakistan (SBP) Governor Jameel Ahmad on Friday projected that the country’s economic growth will be higher than the government’s provisional growth number at 3.7% for FY26.

https://t.co/DvTl6Ej5WY

#SBP #PakistanEconomy #EconomicGrowth #GDP #Finance #brecordernews

[Business Recorder @brecorder_com]

France, the Netherlands and Belgium have recorded 3,700 excess deaths during the June heatwave that sent temperatures soaring across Europe, with authorities warning that the numbers are preliminary and could rise.

https://t.co/d7dSLtNULl

#Europe #Heatwave #ClimateChange

[Business Recorder @brecorder_com]

Gold prices in Pakistan increased on Friday in line with their gain in the international market. In the local market, gold price per tola reached Rs440,936 after a gain of Rs12,200 during the day.

https://t.co/48EwmrDjWe

#GoldPrices #goldrates #Gold #brecordernews

[Business Recorder @brecorder_com]

The Pakistan Telecommunication Authority (PTA) on Friday announced that the fault affecting the SEA-ME-WE 5 (SMW5) international submarine cable system has been rectified.

https://t.co/bwI10pd0im

#PTA #Internet #Pakistan #Connectivity #DigitalPakistan #brecordernews

[Business Recorder @brecorder_com]

A record 43,559 new companies were registered in Pakistan during fiscal year 2025–26.

https://t.co/3asq9tzGCu

#SECP #PakistanEconomy #BusinessGrowth #Entrepreneurship #CorporatePakistan #brecordernews

[Business Recorder @brecorder_com]

Pakistan is leveraging the FIFA World Cup 2026 to market its export-oriented football industry, planning promotional campaigns in Uzbekistan to generate new business opportunities.

https://t.co/gAEVbxD0P9

#FIFAWorldCup #MadeInPakistan #PakistanExports

[Business Recorder @brecorder_com]

Buying rally continued at the Pakistan Stock Exchange (PSX) on Friday, with the benchmark KSE-100 Index gaining nearly 500 points during the opening minutes of trading.

https://t.co/TRJT5njhpp

#intraday #KSE100 #PSX #PakistanEconomy #brecordernews

[Business Recorder @brecorder_com]

PPIB has reportedly decided to put three hydel projects of 1832 MW on ice due to declining demand caused by the surge in rooftop solar energy and not qualifying under IGCEP 2025-2035 least-cost optimisations.

https://t.co/0YjSavnBOU

#PakistanEnergy #Hydropower #RenewableEnergy

[Business Recorder @brecorder_com]

Qatari and Pakistani mediators held separate Doha meetings with US and Iranian negotiators on Thursday, achieving positive progress on key issues from the Islamabad MoU and Lake Lucerne Summit understandings.
https://t.co/nygL4TSBX3
#Pakistan #Qatar #Iran #USDiplomacy #PeaceTalks

[Business Recorder @brecorder_com]

Prime Minister Muhammad Shehbaz Sharif will undertake official visits to the Islamic Republic of Iran and the Republic of Türkiye from 3-5 July 2026, the Foreign Office spokesperson announced on Thursday.

https://t.co/YoVUOwW0z3

#ShehbazSharif #Pakistan #Iran #Türkiye

[Business Recorder @brecorder_com]

Finance Minister Muhammad Aurangzeb met S&P Global Ratings representatives to discuss Pakistan's sovereign credit profile, highlighting macroeconomic improvements and fiscal consolidation under the pro-growth Federal Budget FY2026-27.

Read More:
https://t.co/trkvclgHm6

[Business Recorder @brecorder_com]

The US dollar was on track for the biggest ​weekly drop in nearly three months on Friday, after a tepid June jobs report pushed back ‌markets expectations for Fed rate hikes, providing some relief for the embattled yen.

https://t.co/zfpW9jwR5F

#USDollar #Forex

[Business Recorder @brecorder_com]

Gold rose on Friday and was headed for its first weekly gain in five, as investors dialled back expectations of Federal ​Reserve interest rate hikes following softer-than-expected US jobs data.

https://t.co/98eYIogyN5

#Gold #GoldPrices

[Business Recorder @brecorder_com]

Oil prices rose slightly on Friday before a long holiday weekend in the US as wary optimism held ​over efforts to make peace in the Middle East ‌between the United States and Iran.

https://t.co/ZPimVyYZsq

#OilPrices #BrentCrude

[Business Recorder @brecorder_com]

Foreign exchange reserves held by the SBP increased by $611 million during the week ended June 24, 2026, reaching $16.5 billion, mainly due to government inflows from multilateral institutions, the central bank said on Thursday.

Read more:
https://t.co/9rzqYDO9AL

#SBP

[Business Recorder @brecorder_com]

The Pakistan Telecommunication Authority (PTA) said on Thursday it was closely monitoring internet traffic disruption caused by a fault in the SEA-ME-WE 5 (SMW5) international submarine cable system.

Read more:
https://t.co/w8osqEUnoJ

#PTA #internet #SubmarineCableSystem

[Business Recorder @brecorder_com]

A Chinese company has proposed investing across Pakistan’s energy sector, including upstream oil and gas, refinery upgrades, offshore exploration and energy equipment manufacturing

Read more:
https://t.co/sI317mvLNh

#investment #oilrefinery

[Business Recorder @brecorder_com]

Iran said on Thursday that any US interference in the Strait of Hormuz would trigger a “decisive and rapid” response, adding that the continued presence of US air assets across the waterway endangered regional security, state media reported.

Read more:
https://t.co/kDoGwAgCKU

[Business Recorder @brecorder_com]

A volatile trading session was observed at the Pakistan Stock Exchange (PSX) on Thursday. Despite the fluctuation, the benchmark KSE-100 Index was able to extend its upward trajectory after gaining nearly 500 points.

Read more: https://t.co/TxKzzHFpyS

#KSE100 #PSX

[Business Recorder @brecorder_com]

The Pakistani rupee posted marginal gain against the US dollar in the inter-bank market on Thursday.

At close, the local currency settled at 278.15, a gain of Re0.01 against the greenback.

Read more:
https://t.co/eEBwUBqwAH

#USDollar #Rupee