Print Nov C/A posts $9m first monthly surplus after June KARACHI: After posting deficits for four consecutive months, the country’s current account improved significantly... Updated 19 Dec, 2023 10:01am
Business & Finance PBA launches ‘Shared E-Know Your Customer’ platform KARACHI: Pakistan Banks Association (PBA), under the guidance of the State Bank of Pakistan, has launched “Shared... Published 19 Dec, 2023 05:20am
Business & Finance Key policy rate kept unchanged at 22pc KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) on Tuesday kept the policy rate... Published 13 Dec, 2023 05:33am
Print RDA inflows hit record high of $7.035bn KARACHI: Gross inflows of the Roshan Digital Account (RDA) rose to an all—time higher level of $ 7.035 billion at... Updated 12 Dec, 2023 08:45am
Print Digital payments: SBP launches ‘Raast P2M’ service KARACHI: The State Bank of Pakistan (SBP) has launched an interoperable Raast Person to Merchant (P2M) service to... Updated 06 Dec, 2023 09:50am
Business & Finance Jul-Oct govt debt stocks increased by Rs1.641trn KARACHI: The federal government’s total debt (domestic and external) stocks increased by Rs 1.641 trillion during... Updated 06 Dec, 2023 08:40am
Print DPC proposes ‘appropriate’ changes in statute KARACHI: The Deposit Protection Corporation (DPC) has proposed “appropriate” changes in its statute to enhance its... Updated 02 Dec, 2023 03:53pm
Print SBP adopts ‘VPN technology’ for DAP connectivity KARACHI: The State Bank of Pakistan (SBP) has decided to adopt network level security by implementing the ‘Virtual... Updated 22 Nov, 2023 09:22am
Business & Finance Jul-Oct C/A deficit dips sharply KARACHI: The country’s current account deficit fell sharply 66 percent during the first four months of this fiscal... Published 21 Nov, 2023 06:01am
Print Urea tender validity extended till Monday: All bidders match the lowest bid price KARACHI: All bidders of the urea import tender, conducted by the Trading Corporation of Pakistan (TCP), have matched... Updated 18 Nov, 2023 09:07am
Print T-bills cut-off yield down up to 50bps KARACHI: The cut-off yield on short-term government papers declined up to 50 basis points (bps) in the auction held... Updated 16 Nov, 2023 09:25am
Print Sept debt stocks down 2.6pc to Rs62.291trn MoM KARACHI: The federal government’s total debt (domestic and external) stocks recorded a decline of 2.6 percent in... Updated 11 Nov, 2023 08:55am
Business & Finance Oct remittances up 9.6pc to $2.463bn YoY KARACHI: Inflows of workers’ remittances recorded a notable 10 percent growth during October 2023 compared to the... Published 11 Nov, 2023 06:30am
Business & Finance ‘Private sector is in the field’ There’s no plan to import wheat thru TCP: official KARACHI: The federal government has no plan to import wheat through Trading Corporation of Pakistan (TCP) as the... Published 10 Nov, 2023 03:07am
Print Deals on import of over 1.3MMTs of wheat sealed KARACHI: Pakistani traders have finalized deals for the import of over 1.3 million metric tons of wheat to meet the... Updated 01 Nov, 2023 09:02am
Business & Finance Policy rate kept unchanged on inflation, C/A KARACHI: While maintaining the policy rate at 22 percent, the Monetary Policy Committee (MPC) of the State Bank of... Published 31 Oct, 2023 05:26am
Business & Finance Cash transactions at BB locations: Biometric verification of accountholders a must: SBP KARACHI: The State Bank of Pakistan (SBP) has made Biometric Verification (BV) of accountholders mandatory for all... Published 26 Oct, 2023 06:08am
Print SBP expects increase in home remittances KARACHI: With a significant increase in the labour migration, the State Bank of Pakistan (SBP) is expecting... Updated 25 Oct, 2023 08:42am
Business & Finance External debt servicing soars to record level in FY23 KARACHI: Pakistan’s external debt servicing soared to record level of some $18 billion mark in the last fiscal ... Published 24 Oct, 2023 05:05am
Business & Finance Experts say investment in healthcare sector to help promote medical tourism KARACHI: Investment in the healthcare sector not only saves the citizens’ precious lives but will also promote the... Published 17 Oct, 2023 05:51am