Pakistan – a perennial Fund borrower Twenty-third International Monetary Fund (IMF) programme, on average three year per programme, in our 75 years of... Updated 29 Aug, 2022 02:46pm
BR Research MCB: Strong dividend continues MCB Bank Limited (MCB) continued with the tradition of rich dividends to shareholders, announcing another Rs4/share... Published 23 Aug, 2022 08:39am
Editorials Need to keep remittances elevated EDITORIAL: After the good news of imports dropping almost 40pc month-on-month in July comes the bad news of... Published 21 Aug, 2022 05:16am
BR Research Remittances slip Growth in remittances has been phenomenal. However, remittance in July 2022 saw a dip of almost 8 percent... Published 19 Aug, 2022 08:54am
Print Monthly salary of master mariner on foreign vessel: FBR cannot impose tax on remittances: FTO ISLAMABAD: The Federal Tax Ombudsman (FTO) was taken aback as to how the Federal Board of Revenue (FBR) can impose a... Updated 18 Aug, 2022 09:40am
Business & Finance July remittances down 8pc YoY KARACHI: Inflows of workers’ remittances fell by 8 percent during the first month of this fiscal year (FY23), the... Published 17 Aug, 2022 06:07am
Business & Finance Remittance inflow declines 8.6% month-on-month in July, stands at $2.52bn SBP attributes decline to fewer working days Updated 16 Aug, 2022 09:11pm
Editorials Trade deficit EDITORIAL: Pakistan exports declined by 24 percent in July compared to the month before — 2.219 billion dollars... Published 04 Aug, 2022 06:44am
Business & Finance Bank Alfalah, ACE Money Transfer give away SUVs to six remittance senders LAHORE: Bank Alfalah, in partnership with ACE Money Transfer, is rewarding six lucky overseas Pakistanis for using... Published 24 Jul, 2022 06:37am
Print Miftah attributes PKR slide to grim political situation Finance minister says there is no pressure on rupee from economic indicators Updated 21 Jul, 2022 09:33am
BR Research Remittances in FY22 Pakistan received record remittances in FY22. According to State Bank of Pakistan (SBP), the country received $31.2... Published 19 Jul, 2022 08:40am
Print FY22: Over $31bn record remittances received Home remittances improved 6.1% during last fiscal year Updated 19 Jul, 2022 10:32am
Markets Remittances: Pakistan receives record inflow of $31.2bn in FY22 Amount 6.1% higher year-on-year Inflow during June 2022 alone clocks in at $2.761bn, 18.4% higher month-on-month Updated 18 Jul, 2022 03:41pm
Business & Finance Remittances from overseas workers: BMP urges govt to announce attractive package LAHORE: As the remittances from overseas workers have started falling and a massive drop of over 25 percent reported... Published 09 Jul, 2022 03:57am
Business & Finance Global money transfers: ECs to deduct tax on payment of fee to operators ISLAMABAD: Every exchange company licensed by the State Bank of Pakistan (SBP) shall deduct tax at the time of ... Updated 02 Jul, 2022 09:34am
Opinion ‘Democracy didn’t work either’ This is apropos a Business Recorder op-ed ‘Democracy didn’t work either’ carried by the newspaper a week ago.... Published 01 Jul, 2022 06:13am
Print Potential risks identified: Economic growth facing challenging situation: MoF ISLAMABAD: The Ministry of Finance has stated that despite achieving a real GDP growth of 5.97 percent in the fiscal... Updated 30 Jun, 2022 09:52am
Opinion We need to conserve energy That there is a need for conserving energy is a fact, which cannot be overemphasised in view of a variety of highly... Published 22 Jun, 2022 05:58am
BR Research Remittances tapering off? Remittances for April 2022 touched the highest ever monthly level of $3 billion. While remittances have continued to... Published 14 Jun, 2022 08:28am
Business & Finance Inflows of remittances post over 6pc growth KARACHI: Inflows of home remittances posted over six percent growth during the first 11 months of this fiscal year... Published 11 Jun, 2022 06:14am
Markets Remittances fall 25.4% month-on-month to $2.3bn in May 2022 Fall comes due to post-Eid decline, long holidays, says SBP Updated 10 Jun, 2022 06:29pm
BR Research Currency downfall – is government losing credibility? The anxiety in the currency market is growing again. PKR/USD after peaking at 202 in the last week, started coming... Published 08 Jun, 2022 10:50am
Pakistan SBP allows ADs for payment of Hajj expenses on behalf of HGOs To facilitate the HGOs to effect Hajj-related remittances, Para 45(A) (v), Chapter 17 of the Foreign Exchange Manual has been amended Updated 05 Jun, 2022 09:12am
BR Research It is not 2018 again The theory that Pakistan is not built for 5 percent growth on a sustainable basis keeps making rounds. This time is... Published 31 May, 2022 10:24am
BR Research CAD roundup The current account deficit has been tamed to $623 million in April 2022. That is a sigh of relief in the midst of ... Published 23 May, 2022 07:21am
Opinion The sands of time are running out Perplexed and checkmated by coalition partners and in panic to stem the nose dive of the country’s economy over ... Published 21 May, 2022 04:34am
BR Research Remittances: Let’s see The home remittances growth has remained unabated. The monthly inflow in April-22 for the first time in the history... Published 16 May, 2022 06:20am
Markets Remittances clock in at $3.125bn in April, highest in Pakistan's history This is the highest amount of inflow recorded in a single month Inflow up 11.2% on a monthly basis, 11.9% on a year-on-year basis Updated 13 May, 2022 08:06pm
BR Research Roshan Digital keeps rising Last month when IK was ousted, there were threats by hardcore PTI expat supporters of taking money out from Roshan... Published 11 May, 2022 08:37am
Markets SBP allows Exchange Cos to maintain separate foreign currency account for MTOs In its bid to promote remittances, the State Bank of Pakistan (SBP) has decided to allow Exchange Companies (ECs) to... Updated 30 Apr, 2022 09:13pm