Pakistan MPS on Friday: Key policy rate may be kept unchanged KARACHI: The State Bank of Pakistan (SBP) will unveil the Monetary Policy Statement on Friday (Mar 19). The SBP’s... Updated 17 Mar, 2021 09:47am
Print Banks told: No paper-based submission of forex cases by June KARACHI: The State Bank of Pakistan (SBP) has advised banks to complete development of portals, on-boarding and... Published 17 Mar, 2021 04:45am
Print RDAs exceed 0.1m mark in 6 months: SBP KARACHI: The newly-launched Roshan Digital Account, a banking solution for Non-Resident Pakistanis (NRPs), has... Published 13 Mar, 2021 04:28am
Print Jul-Feb remittances up 24.1pc YoY KARACHI: Workers’ remittances continued to post a strong growth, surging by over 24 percent during the first eight... Published 12 Mar, 2021 05:10am
Print Internet, mobile banking services: SBP asks banks not to levy charges KARACHI: In order to promote digitization in the banking sector and encourage use of digital channels, the State ... Published 11 Mar, 2021 05:25am
Print Fata, Pata: AISMA seeks amendments to tax exemption rules KARACHI: Steel merchants have proposed amendments to the rules of tax exemptions facilities available to the... Updated 10 Mar, 2021 09:48am
Print TCP invites fresh bids for white sugar KARACHI: The Trading Corporation of Pakistan (TCP) on Saturday invited fresh bids for the import of white sugar. ... Published 07 Mar, 2021 04:07am
Print Import of sugar, wheat: TCP scraps two tenders KARACHI: The Trading Corporation of Pakistan (TCP) has scrapped two tenders for the import of sugar and wheat as the... Published 06 Mar, 2021 05:01am
Print Wheat tender: Seven international suppliers submit bids KARACHI: In response to the Trading Corporation of Pakistan (TCP) wheat import tender, some seven international... Updated 04 Mar, 2021 09:31am
Print Over Rs1trn borrowed for budgetary support KARACHI: The federal government has borrowed over Rs 1 trillion for budgetary support from scheduled banks during... Updated 03 Mar, 2021 09:35am
Print July-Jan period: Repatriation of profit, dividend exceeds $1bn KARACHI: Repatriation of profit and dividend by the foreign companies operating in the country crossed $1 billion in... Published 27 Feb, 2021 04:29am
Print Assets securitization through SPV: SBP amends directives KARACHI: The State Bank of Pakistan (SBP) has amended the directives on assets securitization through Special ... Updated 26 Feb, 2021 09:31am
Print Export proceeds in USD: ECs allowed forward sale transactions with banks KARACHI: The State Bank of Pakistan (SBP) Thursday allowed Exchange Companies forward sale transaction with banks up... Updated 26 Feb, 2021 09:27am
Print Jul-Jan FDI down 27pc YoY KARACHI: The Foreign Direct Investment (FDI) in Pakistan continued to post a negative growth. It declined by 27... Updated 23 Feb, 2021 09:31am
Print Jan CA plunges 65pc MoM KARACHI: The country’s current account sharply declined by 65 percent in January 2021 compared to December 2020.... Updated 23 Feb, 2021 09:31am
Print Remittances exceed $2bn for eighth straight month KARACHI: Inflows of home remittances continued to post a strong growth, exceeding $2 billion for the eighth... Updated 16 Feb, 2021 09:40am
Print PTA asks FBR to stop import of GSM amplifiers, boosters KARACHI: The Pakistan Telecommunication Authority (PTA) has asked the Federal Board of Revenue (FBR) to stop the... Published 15 Feb, 2021 04:53am
Print Amendment to FE Manual proposed: SBP seeks to facilitate startups to raise convertible debt KARACHI: The State Bank of Pakistan (SBP) has proposed amendment to the Foreign Exchange Manual to facilitate the... Updated 10 Feb, 2021 09:39am
Print Pensioners’ biometric verification to be held twice in a year KARACHI: The federal government has decided to conduct biometric verification of pensioners through banks twice in a... Published 02 Feb, 2021 04:29am
Print Budgetary support: Borrowing stock exceeds Rs14trn KARACHI: The overall stock of the borrowing for budgetary support crossed Rs 14 trillion in January 2021. According... Published 31 Jan, 2021 03:35am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?