Business & Finance FIC seeks priority berthing for DAP fertilizer vessels KARACHI: The Fertilizer Importers Council has asked the federal government for the priority berthing of imported DAP... Published 06 Oct, 2020 03:00am
Markets Quarantine option exists: Banks allowed to process currency notes through machines KARACHI: The State Bank of Pakistan (SBP) has allowed banks to process banknote through Pakistan Council of... Updated 04 Oct, 2020 03:09am
Print Shariah-compliant business: SBP issues guidelines for DFIs KARACHI: The State Bank of Pakistan (SBP) issued guidelines for Development Finance Institutions (DFIs) to undertake... Published 03 Oct, 2020 02:45am
Print SBP issues AML, CFT & CPF regulations for REs KARACHI: The State Bank of Pakistan (SBP) has issued the Anti Money Laundering, Combating the Financing of ... Published 01 Oct, 2020 02:58am
Print Refinance Facility for Combating Covid-19: SBP enhances loan limit to Rs1 billion for new hospital KARACHI: The State Bank of Pakistan (SBP) has enhanced the financing limit for setting up a new hospital under its... Published 30 Sep, 2020 02:42am
Print Certain banking applications: SBP restricts FIs from using cloud-based outsourcing arrangements KARACHI: The State Bank of Pakistan (SBP) has restricted financial institutions (FIs) from using cloud-based... Published 29 Sep, 2020 02:57am
Markets SBP eases cash margin restriction on import of certain items/raw materials KARACHI: The State Bank of Pakistan (SBP) has eased 100 percent cash margin requirement on the import of certain... Published 25 Sep, 2020 02:45am
Business & Finance Expansion plan: Agha Steel to invest Rs 7 billion KARACHI: Agha Steel Industries, under its second expansion plan, will invest some Rs7 billion to enhance its... Published 25 Sep, 2020 02:45am
Markets C/A balance stays surplus for second month in a row KARACHI: The country’s current account balance remained surplus for the second consecutive month in August 2020... Published 24 Sep, 2020 02:47am
Markets Outlook 'improves': SBP holds policy rate at 7 percent KARACHI: The Monetary Policy Committee (MPC) of State Bank of Pakistan (SBP) has decided to keep the policy rate... Published 22 Sep, 2020 02:39am
Print Banks told to implement National Savings Schemes (AML & CFT) Rules KARACHI: The State Bank of Pakistan (SBP) has asked banks to implement National Savings Schemes (AML & CFT) ... Published 19 Sep, 2020 02:44am
Print Jul-Aug FDI up 40pc YoY KARACHI: Foreign Direct Investment (FDI) in Pakistan surged by 40 percent during the first two months of this fiscal... Published 18 Sep, 2020 02:59am
Print MPS on 21st: Key policy rate may be kept unchanged KARACHI: The State Bank of Pakistan (SBP) will unveil the Monetary Policy Statement for next two months on Monday... Updated 17 Sep, 2020 03:13am
Print Wheat tender: Four int'l suppliers evince interest KARACHI: In response to the Trading Corporation of Pakistan (TCP) wheat import tender, some 4 international ... Updated 16 Sep, 2020 03:18am
Markets Workers' remittances post 24pc growth in Aug KARACHI: Inflows of workers' remittances remained strong and posted a significant growth of over 24 percent during... Updated 15 Sep, 2020 03:37am
Print Repatriation of profit, dividend exceeds FDI inflows in July KARACHI: Repatriation of profit and dividend by foreign investors has exceeded the Foreign Direct Investment arrived... Updated 05 Sep, 2020 03:26am
Print SBP issues revised guidelines on Stress Testing KARACHI: The State Bank of Pakistan (SBP), in pursuance of its goal to further strengthen the risk management... Published 02 Sep, 2020 02:42am
Markets Sugar import: SBP allows 100pc advance payment KARACHI: The State Bank of Pakistan (SBP) Monday allowed 100 percent advance payment of the value of Letter of ... Published 01 Sep, 2020 02:57am
Print Second consignment of wheat arrives KARACHI: Second consignment of imported wheat has reached Pakistan Saturday to avoid shortage of the commodity in ... Published 30 Aug, 2020 01:42am
Markets SBP revises guidelines for recovery of NPAs KARACHI: The State Bank of Pakistan has revised guidelines for transfer and assignment of Non-Performing Assets... Published 29 Aug, 2020 02:49am