Ramazan and the remittance rush Remittances hold a crucial place in Pakistan’s economy. So crucial that the remittances in Pakistan have been... Published 15 Apr, 2024 08:12am
World World Bank group to provide Egypt with $6bn over three years CAIRO: The World Bank Group said on Monday it intends to provide more than $6 billion of support over the coming... Published 19 Mar, 2024 04:53am
Business & Finance Illegal currency business thriving in the garb of real estate deals LAHORE: Illegal foreign currency business is thriving under the garb of real estate deals, said sources from the... Published 31 Jan, 2024 05:22am
Print Forex repatriation against remittances: Govt striving to ink G2G pact with Saudi Arabia, UAE ISLAMABAD: The government is reportedly making hectic efforts for a government-to-government (G2G) agreement with... Updated 23 Jan, 2024 09:41am
Print PM urges business community to take advantage of SIFC KARACHI: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Thursday, reiterating the government’s commitment to... Updated 08 Dec, 2023 08:59am
Opinion 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
