Foreign currency requirement for taming inflation In the year 2016 an operational limit to the debt-ceiling was introduced whereby the annual federal deficit... Updated 30 Nov, 2023 05:17am
Business & Finance Foreign currency deals during 2021, 2022: FBR to impose 40pc additional tax on windfall profits of banks ISLAMABAD: The Federal Board of Revenue (FBR) will shortly issue a statutory regulatory order (SRO) to impose 40... Published 22 Nov, 2023 05:48am
Business & Finance Windfall income of banks: SRO will be issued to impose 40pc additional tax ISLAMABAD: The Federal Board of Revenue (FBR) will issue a Statutory Regulatory Order (SRO) to impose 40 percent... Published 16 Nov, 2023 05:39am
BR Research Remittance respite Remittances to the country stood at $2.5 billion in October 2023, which is 9.6 percent up from the previous month... Published 13 Nov, 2023 06:47am
Pakistan Torkham border: smuggling of foreign currency foiled PESHAWAR: Customs authorities have foiled smuggling of foreign currency in two different operations at Torkham... Published 13 Nov, 2023 06:31am
Markets Japanese rubber futures up SINGAPORE; Japanese rubber futures rose to a two-week high on Friday, buoyed by a softer yen and yuan, although... Published 12 Nov, 2023 03:14am
Business & Finance Discos’ infrastructure: Significant investment needed: ADB ISLAMABAD: Asian Development Bank (ADB) has said that significant investment is required in critical infrastructure... Published 02 Nov, 2023 03:15am
Print PPIB urges SBP to clear $700m dues of power projects ISLAMABAD: Private Power & Infrastructure Board (PPIB) has urged State Bank of Pakistan (SBP) to clear pending... Updated 02 Oct, 2023 10:00am
Markets Open-market: rupee improves slightly against US dollar Quoted at 296 for selling and 293 for buying purposes, according to ECAP data Updated 21 Sep, 2023 05:57pm
Markets Open-market: rupee slips lower against US dollar Settles at 297 and 294 on Wednesday, according to ECAP data Updated 20 Sep, 2023 05:51pm
BR Research Banks’ entry into retail forex: need of the hour Earlier this week, banks presidents had a meeting with finance minister, governor SBP, and a senior officer of an... Updated 20 Sep, 2023 10:27am
Editorials Forex market has lost its moorings? EDITORIAL: There was too much chaos in multiple forex markets in the last few days and weeks. It all started with ... Published 08 Sep, 2023 06:01am
Pakistan FIA recovers foreign currency PESHAWAR: FIA Commercial Banking Circle Peshawar on Saturday arrested three suspects involved in the illegal ... Published 27 Aug, 2023 03:05am
Business & Finance Interbank, open market: Import of cash USD to help narrow rate differences: expert KARACHI: The permission of import of cash US dollars by Exchange Companies (ECs) will increase the dollar inflows... Updated 27 Jul, 2023 09:23am
Opinion Inward forex cash flows: from 2023-24 to 2027-28 The IMF (International Monetary Fund) issued ‘Request For Stand-By Arrangement’ in July 2023. The IMF has again... Updated 25 Jul, 2023 07:01am
Opinion The cost of anti-export bias Our country in general and our bureaucracy in particular have a strange bias against exports and a particular... Published 13 Jun, 2023 06:00am
Business & Finance Chief Collector Customs (South) visits KATI ‘Efforts on to solve problems of business community on priority’ KARACHI: Chief Collector Customs (South) Ashad Javed has said that the industry is currently going through a... Published 13 Jun, 2023 06:00am
Opinion Tax on undistributable reserves: disclosure in financial statements The issue under consideration is the accounting disclosure for the portion of the revenue reserves that are declared... Published 02 Jun, 2023 03:56am
Print Country receives $15.4bn in financing during Jul-Apr ISLAMABAD: The country received $15.4 billion in financing during the first 10 months (July-April) of the current... Updated 21 May, 2023 03:24pm
Business & Finance Egypt inflation seen hitting all-time high in March CAIRO: Egypt’s headline inflation rate is set to hit an all-time high in March, a Reuters poll showed on Thursday,... Published 10 Apr, 2023 06:45am
Business & Finance Moody’s lowers local, foreign currency issuer, unsecured debt ratings to Caa3 ISLAMABAD: Moody’s Investors Service (Moody’s) has downgraded the government of Pakistan’s local and foreign... Published 01 Mar, 2023 06:21am
Opinion Outsourcing govt borrowing! On Friday Feb 24, a news report appeared in this newspaper that the ministry of finance (MoF) is working on a plan ... Published 27 Feb, 2023 06:17am
Business & Finance SC asks govt to curb currency smuggling ISLAMABAD: The Supreme Court directed the federal government to take measures to control the smuggling of foreign... Published 11 Feb, 2023 06:20am
Editorials Forex woes EDITORIAL: Total foreign exchange reserves held by the State Bank of Pakistan (SBP) further declined to 3.08967... Published 08 Feb, 2023 06:37am
Opinion At crossroads Perhaps, no reader will be surprised with the caption of this piece. This heading has acquired the status of a... Published 31 Jan, 2023 06:01am
Business & Finance SBP orders dealers to facilitate IT, ITeS exporters ISLAMABAD: The State Bank of Pakistan has directed authorised dealers to swiftly facilitate IT and ITeS exporters,... Published 31 Jan, 2023 06:01am
Opinion Misplaced mercantilism and the case for domestic markets We are being told that the economy of Pakistan is in absolute free fall. Allegedly, the dominos of economic doom are... Updated 25 Jan, 2023 06:46am
Pakistan Passenger held for carrying excessive foreign currency KARACHI: The Customs officials on Monday recovered substantial quantity of foreign currency from a passenger,... Published 24 Jan, 2023 06:06am
Opinion FDI: disastrous policies This writer has been writing following in response to the news that the Government of Pakistan is considering... Published 11 Jan, 2023 06:33am