Forex reserves rise by $52m in a week KARACHI: The country’s total liquid foreign reserves rose by $ 52 million and stood at $ 13.149.1 billion end of... Published 16 Feb, 2024 06:02am
Business & Finance Easy house financing urged for middle-income groups Karachi: Builders and developers have urged the upcoming government and the State Bank of Pakistan (SBP) to ... Published 16 Feb, 2024 06:02am
Print Govt securities: federal govt borrows less than target KARACHI: The federal government on Wednesday borrowed less than the target through the sale of long-term government... Updated 15 Feb, 2024 09:48am
Business & Finance Authorisation of 3 exchange firms suspended KARACHI: The State Bank of Pakistan (SBP) has suspends the authorisation of three Exchange Companies on Tuesday.... Published 14 Feb, 2024 02:34am
Business & Finance Jan remittances up 0.6pc to $2.397bn MoM KARACHI: The country received worker’s remittance inflows of $ 2.4 billion during January 2024. The State Bank of... Published 13 Feb, 2024 05:59am
Business & Finance SBP cancels EC’s licence KARACHI: The State Bank of Pakistan (SBP) has cancelled the authorization/license of M/s PBS Exchange Company (Pvt)... Published 13 Feb, 2024 05:59am
Business & Finance H1 debt stocks jump 7.14pc to Rs65.188trn YoY KARACHI: The federal government’s total debt (domestic and external) stocks rose over Rs 4 trillion during the first... Updated 13 Feb, 2024 08:56am
Markets Pakistan’s remittances clock in at $2.4bn in January, up 26% YoY However, inflow increase only 1% on a monthly basis Updated 12 Feb, 2024 10:40pm
Editorials The challenge ahead EDITORIAL: As the dust begins to settle on what has proved to be a very closely contested general election, the... Published 12 Feb, 2024 06:25am
Print Cabinet to approve open bidding: Cat-A firm to be hired for NADRA audit ISLAMABAD: The caretaker federal cabinet has decided to approve open bidding for hiring of the services of a... Updated 10 Feb, 2024 09:51am
Business & Finance Forex reserves fall by $165m KARACHI: The country’s total liquid foreign reserves fell by $ 165 million during the last week due to external... Published 10 Feb, 2024 05:48am
Opinion Immediate economic priorities for the incoming government The new government that comes into office will have its work sharply cut out as far as the economic challenges are... Published 09 Feb, 2024 03:29am
Print International oil suppliers: New procedure for import of crude oil, other POL products ISLAMABAD: The Federal Board of Revenue (FBR) Wednesday issued a new procedure for the international oil suppliers... Updated 08 Feb, 2024 09:58am
Business & Finance Auction for MTBs: Govt raises only Rs64bn against Rs480bn target KARACHI: The federal government on Tuesday raised Rs 64 billion only as against the target of Rs 480 billion through... Published 07 Feb, 2024 05:30am
Pakistan Election day: banks to remain closed on February 8 Banks in Pakistan will remain closed on Thursday, February 8 on account of it being election day, the State Bank of... Updated 06 Feb, 2024 08:28pm
Opinion Budgetary outcome in first half of FY24 The information on the fiscal operations by the federal and the provincial governments in the first half of 2023-24... Published 06 Feb, 2024 05:00am
Opinion PBS needs a makeover Policymaking at all levels of government requires precise, timely and accurate statistics to achieve various targets... Published 05 Feb, 2024 06:08am
Editorials Fiscal house needs repairs EDITORIAL: The fiscal summary is a mixed bag in 1HFY24 (first six months of fiscal year 2023-24) as the government... Published 02 Feb, 2024 05:20am
Business & Finance Forex reserves decline $79m KARACHI: The country’s total liquid foreign reserves fell by $79 million during the last week. According to State... Published 02 Feb, 2024 05:20am
Markets SBP-held foreign exchange reserves decrease $54mn, now stand at $8.22bn Central bank attributes decrease in reserves to debt repayments Published 01 Feb, 2024 08:32pm
Markets Pakistan’s headline inflation reading clocks in at 28.3% in January Figure in line with official estimates that put CPI reading in range of 27.5-28.5% Updated 01 Feb, 2024 05:42pm
Print ADs allowed to make import advance payments without prior SBP approval KARACHI: The State Bank of Pakistan (SBP) has allowed Authorised Dealers (ADs) to make import advance payments,... Updated 01 Feb, 2024 09:42am
Print Budgetary requirements: Ijara Sukuk funding to help govt save Rs32bn per year KARACHI: The federal government will save approximately Rs 32 billion annually by raising funds through the Ijara... Updated 01 Feb, 2024 09:22am
Business & Finance Grievances of exporters: FBR directed to liaise with SBP ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to liaise with the State... Published 01 Feb, 2024 04:52am
Markets Rupee gains marginally against US dollar Currency settles at 279.5 level in inter-bank market Updated 31 Jan, 2024 09:42pm
Business & Finance New banknotes: SBP says process to take 2 years KARACHI: The State Bank of Pakistan (SBP), initiating the process for designing and issuing a new banknotes series ... Published 31 Jan, 2024 05:22am
Business & Finance KATI President criticises decision to maintain interest rate KARACHI: Johar Ali Qandhari, the newly elected President of the Korangi Association of Trade and Industry (KATI), ... Published 31 Jan, 2024 05:22am
Business & Finance Industrial sector slams SBP for keeping policy rate unchaged KARACHI: Industrial sector has criticised the central bank for maintaining the policy rate at 22 percent as it is... Published 31 Jan, 2024 05:22am
Markets SBP initiates process for issuance of new currency notes The State Bank of Pakistan (SBP) has initiated the process for designing and issuing of new banknotes series of all... Updated 30 Jan, 2024 10:20pm
Business & Finance Enforcement action: SBP imposes over Rs465mn in penalties on 10 banks The State Bank of Pakistan (SBP) imposed penalties worth Rs465.08 million on 10 banks during the quarter ended... Updated 30 Jan, 2024 10:46pm
