Business & Finance Small farmers: Syngenta launches Aaghaz centres Pakistan: Syngenta Pakistan Limited has stepped up once again for the facilitation of smallholders by successfully... Published 10 Dec, 2022 07:41am
Print ECs: SBP further tightening data reporting mechanism KARACHI: The State Bank of Pakistan (SBP) is further tightening the data reporting mechanism for Exchange Companies... Updated 10 Dec, 2022 09:58am
Business & Finance Bank Alfalah signs MoU with Ignite KARACHI: Intending to leapfrog the digital ecosystem in Pakistan, Bank Alfalah has signed a Memorandum of... Published 10 Dec, 2022 06:00am
Print Govt debt stocks hit historic high of Rs50.152trn KARACHI: The federal government’s total debt (domestic and external) stocks crossed the Rs 50 trillion mark by the... Updated 06 Dec, 2022 09:31am
Business & Finance NBP, SIAPEP sign LoI to promote high efficiency irrigation systems KARACHI: A Letter of Intent (LOI) has been signed between National Bank of Pakistan (NBP) and Sindh Irrigated... Published 03 Dec, 2022 05:50am
Business & Finance Payments to Google: SBP rejects allegations KARACHI: Recent news circulating in some sections of the media that certain payments to Google are stuck at the... Updated 27 Nov, 2022 09:43am
Print Policy rate hiked to 16pc to quell biting inflation Including this 100bps increase, SBP has raised its key rate by 625bps cumulatively in 2022 Policy rate jumps to 23-year high Updated 26 Nov, 2022 12:48pm
Business & Finance Digitisation of country’s financial landscape highlighted KARACHI: In the 15th episode of State Bank of Pakistan’s Podcast series, Sohail Javaad, the executive director of... Published 23 Nov, 2022 06:58am
Print Monetary policy to be announced on Friday KARACHI: The meeting of the Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) will be held on... Updated 23 Nov, 2022 09:31am
Business & Finance Lower imports: Jul-Oct CAD plummets 47pc YoY KARACHI: The country’s current account deficit fell sharply by 47 percent during the first four months of this... Published 22 Nov, 2022 03:23am
Business & Finance NdcTech implements Temenos banking cloud in UAE’s Invest Bank KARACHI: Invest Bank, a premier commercial bank in UAE, has selected Temenos (SIX: TEMN) to take its digital and ... Published 19 Nov, 2022 05:49am
Print Q1 FY23: External debt, liabilities dip over $3bn KARACHI: Pakistan’s external debt and liabilities fell over $3 billion during the first quarter (Jul-Sep) of this... Updated 17 Nov, 2022 09:18am
Business & Finance Jul-Oct remittances down 9pc YoY KARACHI: Inflows of home remittances fell by 9 percent during the first four months of this fiscal year (FY23) as... Published 12 Nov, 2022 05:55am
Print SBP launches ‘ESRM manual’ for banks and DFIs KARACHI: The State Bank of Pakistan (SBP) Wednesday launched Environmental & Social Risk Management (ESRM)... Updated 10 Nov, 2022 09:08am
Print SBP takes big step to contain forex outflow KARACHI: In a major move to contain the outflow of foreign exchange from the country, the State Bank of Pakistan... Updated 09 Nov, 2022 09:35am
Business & Finance RDA inflows rise to $5.3bn KARACHI: Inflows of Roshan Digital Accounts (RDA) rose to $5.3 billion at the end of October 2022 since its... Published 08 Nov, 2022 06:38am
Print ECs can sell 20pc inward remittances to customers: SBP KARACHI: The State Bank of Pakistan (SBP) has allowed Exchange Companies to sell 20 percent of their inward workers’... Updated 04 Nov, 2022 09:42am
Print TCP finalises 0.3m tons of urea import deal KARACHI: Trading Corporation of Pakistan (TCP) has finalised a deal for import of some 300,000 tons urea to avoid ... Published 02 Nov, 2022 04:37am
Markets Dar takes major steps to tackle rupee volatility Minister for Finance asks banks and ECs to avoid manipulation of the dollar, warns of strict action if institutions are found involved in unlawful practices Updated 30 Oct, 2022 04:12pm
Print Facial recognition of users by LEAs: Banks told to install quality CCTVs at ATMs, on branch premises KARACHI: The State Bank of Pakistan (SBP) has directed banks to install top quality CCTVs at ATMs and around branch... Updated 27 Oct, 2022 09:47am