Issues multiply on stalled IMF bailout The stand-off between the federal government and the Supreme Court of Pakistan is not going unnoticed in... Published 25 Apr, 2023 06:25am
Business & Finance Forex reserves up by $400m KARACHI: The country’s total liquid foreign exchange reserves rose by $ 400 million during the last week due to... Updated 21 Apr, 2023 08:52am
Markets On back of another loan, SBP-held forex reserves rise $394mn, now stand at $4.43bn Increase comes due to receipt of $300mn commercial loan from ICBC Published 20 Apr, 2023 05:35pm
Editorials The LSMI slide EDITORIAL: Large Scale Manufacturing Industries (LSMI) output suffered yet another hit in February 2023 against... Published 19 Apr, 2023 06:36am
Markets Charities’ plan to help raise $2bn from overseas Pakistanis put in ‘cold storage’ by ministry In February, Finance Minister Ishaq Dar publicly gave his green signal to a reported plan by charitable... Published 17 Apr, 2023 06:41am
Business & Finance SBP chief speaks to global investors, fund managers KARACHI: Governor SBP Jameel Ahmad met key international investors and fund managers in an event organized by... Published 15 Apr, 2023 06:19am
Business & Finance Default averted, claims Bilal ISLAMABAD: Coordinator to the Prime Minister on Economy and Energy Bilal Azhar Kayani on Sunday said that the... Published 10 Apr, 2023 06:45am
Print Economic challenges exist but situation not as bleak as being portrayed: Bilal Azhar ISLAMABAD: Coordinator to the Prime Minister on Economy and Energy Bilal Azhar Kayani on Saturday said the incumbent... Updated 09 Apr, 2023 04:57pm
Opinion Serious economic crisis due to austerity policies, and weak multilateralism Inadequate provision of International Monetary Fund’s (IMF’s) special drawing rights (SDRs) to Pakistan, like in... Updated 07 Apr, 2023 06:32am
Business & Finance Forex reserves fall by $56m KARACHI: The country’s liquid foreign exchange reserves fell by $56 million during the last week due to debt... Published 07 Apr, 2023 06:06am
Business & Finance Policy rate hiked to 21pc to bridle unbridled inflation KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) on Tuesday further tightened the... Updated 05 Apr, 2023 08:51am
Print 0.4pc growth rate foreseen: World Bank warns of a ‘macro-economic crisis’ ISLAMABAD: The World Bank (WB) has warned that a macroeconomic crisis could materialize in Pakistan, given the... Updated 05 Apr, 2023 08:49am
Business & Finance Ratio of dollar assets in South Korea FX reserves at record high SEOUL: The ratio of US dollar-denominated assets in South Korea’s foreign exchange reserves climbed to the highest... Published 31 Mar, 2023 06:45am
Business & Finance Debt servicing: SBP’s reserves fall by $354m KARACHI: The foreign exchange reserves held by the State Bank of Pakistan (SBP) fell by $ 354 million during last... Published 31 Mar, 2023 06:45am
Print UAE, Saudi Arabia: Dar says IMF seeking $3bn ‘guarantees’ Pakistan did not delay a single day in repayments, adds the finance minister Updated 31 Mar, 2023 12:16pm
Markets Back to losing ways: SBP-held forex reserves fall $354mn, now stand at $4.2bn Decrease comes due to external debt repayment Updated 30 Mar, 2023 08:18pm
Print Jul-Feb repatriation of profit, dividend plunge 80pc YoY: Import curbs hurt investors in equal measure State Bank of Pakistan says foreign investors repatriated $225.1 million during July-Feb of FY23 Updated 28 Mar, 2023 08:53am
Print Cash margin requirement on goods import removed KARACHI: The State Bank of Pakistan (SBP) Friday announced the removal of Cash Margin Requirement (CMR) on import of... Updated 25 Mar, 2023 08:49am
Print Forex reserves cross $10bn mark KARACHI: The country‘s total liquid foreign exchange reserves crossed the $10 billion mark supported by foreign... Updated 25 Mar, 2023 08:50am
Markets SBP-held forex reserves increase $280mn, now stand at $4.6bn This is the sixth successive increase in reserves on a weekly basis Updated 24 Mar, 2023 05:08pm
Business & Finance Jul-Feb CA declines 68pc YoY KARACHI: The country’s current account deficit narrowed by 68 percent during the first eight months of this fiscal... Published 21 Mar, 2023 06:29am
Business & Finance Enhancement in exports requires wide structural reforms, says BMP LAHORE: The Federation of Pakistan Chambers of Commerce & Industry’s Businessmen Panel stressing the need for... Published 20 Mar, 2023 06:56am
Business & Finance Pakistan receives $500m from China’s ICBC bank KARACHI: Pakistan has received a loan tranche from China of $500 million that will help the country shore up its... Published 18 Mar, 2023 06:14am
Business & Finance PNSC, ENAR Petroleum Refining Facility sign MoU KARACHI: In pursuance to explore avenues for reduction in operational costs of the corporation, a Memorandum of... Published 17 Mar, 2023 06:15am
Business & Finance Forex reserves up by $93m KARACHI: The country’s total liquid foreign exchange reserves rose by $93 million during the last week. According... Published 17 Mar, 2023 06:15am
Editorials Bank borrowing EDITORIAL: Bank deposits grew by 15 percent in one year to 22.92 trillion rupees in February 2023 compared to 19.91... Published 16 Mar, 2023 06:01am
Business & Finance Lotte Chemical to suspend plant operations today KARACHI: The Lotte Chemical Pakistan Limited has decided to temporarily suspend its plant operations from Wednesday... Published 15 Mar, 2023 06:01am
Opinion Shape up or ship out! For the past few months, there has been significant concern and consternation over the possibility of a Pakistani... Published 12 Mar, 2023 05:55am
Print SBP informs Senate panel: Forex’s fall has led to 28.2pc PKR slump in FY23 so far ISLAMABAD: The country’s foreign exchange reserves are at present below one month of imports. This led to an... Updated 12 Mar, 2023 03:54pm
Business & Finance PIDE’s first-ever EconFest held: Country needs to boost exports to $100bn in 5-8 years: minister ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives, Ahsan Iqbal has said Pakistan needs ... Published 12 Mar, 2023 05:55am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?