Business & Finance OTPs, SMS alerts: SBP issues fresh directives to banks and MFBs KARACHI: In order to ensure the security of digital payments, the State Bank of Pakistan (SBP) has advised banks and... Published 18 Jan, 2022 04:20am
Print MoC for sending only 20pc empty containers abroad KARACHI: Ministry of Commerce has suggested that only 20 percent of containers may be allowed to go empty from... Updated 16 Jan, 2022 09:57am
Print Banks, accountholders: SBP extends Covid-19 relaxations till June 30th KARACHI: Considering the ongoing impact of Covid-19 pandemic, the State Bank of Pakistan (SBP) has decided to ... Updated 08 Jan, 2022 09:34am
Print SBP Amendment Act: NAB, FIA to have powers to probe SBP officials? KARACHI: The National Accountability Bureau and the Federal Investigation Agency will have full powers to ... Updated 08 Jan, 2022 09:36am
Print SBP cuts realization period for exporters by 60 days KARACHI: In order to ensure the timely arrival of foreign exchange, the State Bank of Pakistan (SBP) Wednesday... Updated 06 Jan, 2022 09:56am
Print 4 new assets to be added to Sukuk structure: Rs300-400bn borrowing from IB sector to bridge fiscal deficit KARACHI: The government has decided to add four new assets to the transaction structure of Ijara Sukuk aimed at more... Updated 05 Jan, 2022 10:44am
Print New framework: SBP to grant two types of digital bank licences KARACHI: The State Bank of Pakistan (SBP) has developed a licensing and regulatory framework for setting up digital... Updated 04 Jan, 2022 09:52am
Print Tough decisions taken for sake of economic growth: MoF spokesperson KARACHI: Muzammil Aslam, spokesperson Finance Ministry, said on Saturday that the government has taken some tough... Updated 02 Jan, 2022 09:52am
Business & Finance Export containers: Reap urges govt to devise strategy KARACHI: Rice Exporters Association of Pakistan (Reap) has suggested the government to devise a strategy that allows... Published 01 Jan, 2022 04:07am
Business & Finance Islamic banking institutions ‘Shariah- compliant’ liquidity facilities launched KARACHI: The State Bank of Pakistan (SBP) on Wednesday for the first time has introduced Shariah Compliant Liquidity... Published 30 Dec, 2021 04:40am
Print Foreign investors: Jul-Nov profit repatriation drops 16.5pc YoY KARACHI: Repatriation of profit and dividend by foreign investors fell by 16.5 percent during the first five months... Updated 30 Dec, 2021 10:02am
Print July-Nov: C/A deficit yawns to $7.1bn Karachi: The country’s current account posted over $7 billion deficit during the first five months of this fiscal... Updated 21 Dec, 2021 03:55pm
Print Purchase of forex by individuals: SBP fixes $100,000 per person per year maximum limit KARACHI: The State Bank Pakistan (SBP) has fixed a maximum limit of $100,000 (or equivalent in other foreign... Updated 20 Dec, 2021 10:14am
Print BPRD issues: SBP implements ‘RAS’ for submission of letters, proposals KARACHI: The State Bank of Pakistan (SBP) has announced implementation of Regulatory Approval System (RAS) for... Updated 19 Dec, 2021 10:36am
Print Jul-Nov FDI grows 12pc YoY KARACHI: Foreign Direct Investment (FDI) posted 12 percent growth during the first five months of this fiscal year... Updated 18 Dec, 2021 10:02am
Print Petroleum sector: SBP amends forex manual for remittance process KARACHI: The State Bank of Pakistan (SBP) on Tuesday has amended the Chapter 14, of the Foreign Exchange Manual for... Updated 15 Dec, 2021 09:51am
Print Policy rate now soars to 9.75pc KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has announced to further increase... Updated 15 Dec, 2021 10:00am
Print Jul-Nov remittances post 10pc growth YoY KARACHI: Inflows of home remittances posted a 10 percent growth during the first five months of this fiscal year,... Updated 14 Dec, 2021 10:06am
Print $3bn received from Saudi Arabia for BoP support KARACHI: Pakistan Saturday received foreign exchange deposits worth $3 billion from Saudi Arabia for the support of... Updated 05 Dec, 2021 11:12am
Print DRP criteria relaxed: MFBs to extend relief to Covid-hit borrowers: SBP KARACHI: The State Bank of Pakistan (SBP) Thursday relaxed the criteria for classification of assets and ... Updated 03 Dec, 2021 09:43am