China Development Bank approves $700mn facility for Pakistan: Dar Amount expected to be recieved by SBP this week, says finance minister Updated 22 Feb, 2023 09:06pm
Markets Minor relief: SBP-held foreign exchange reserves rise $276mn, now stand at $3.19bn Total liquid foreign reserves held by the country clock in at $8.7 billion Published 16 Feb, 2023 07:51pm
Opinion The challenge of SOEs — II The SOEs (State-Owned Enterprises) are generally being run at the whim of a chosen few, who are beholden to no ... Published 16 Feb, 2023 06:08am
Print SBP takes steps aimed at timely realisation of export proceeds Has decided to initiate necessary action in all those cases where full export proceeds are not realized within prescribed time period as defined Foreign Exchange Manual Updated 15 Feb, 2023 12:34pm
Print Purchases by Discos from net metering consumers: Nepra trashes plan to revise power rates ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has trashed its plan to revise rates of... Updated 15 Feb, 2023 09:07am
Business & Finance Thar power project: Minister vows to provide all facilities to investors KARACHI: Sindh Energy Minster Imtiaz Ahmed Shaikh on Sunday said that Thar Coal Power Project was the best resource... Published 13 Feb, 2023 06:26am
Print Industry yet to export any amount of sugar ISLAMABAD: The country’s sugar industry has not yet been able to export any amount of sugar out of 250,000 tons... Updated 04 Feb, 2023 09:29am
Print Dar approves proposal to raise $2bn from expats KARACHI: As Pakistan is grappled with economic challenges, Finance Minister Ishaq Dar Thursday approved a proposal... Updated 03 Feb, 2023 08:58am
Business & Finance PAMA, PAAPAM apprise SBP governor about problems facing the auto industry KARACHI: The Pakistan Automotive Manufacturers (PAMA) and the Pakistan Association of Automotive Parts and... Published 03 Feb, 2023 06:17am
Markets Highly critical: SBP-held foreign exchange reserves plunge $592mn, now stand at mere $3.09bn Reserves fall due to external debt repayments, says central bank Updated 02 Feb, 2023 08:28pm
Markets Pakistan’s textile exports significantly decline in January: APTMA Pakistan’s textile sector exports witnessed a significant decline of 12.4%, clocking in at $1.36 billion in January... Updated 02 Feb, 2023 06:50pm
Business & Finance PKR slide likely to fuel inflation in a big way ISLAMABAD: The depreciation of Pak rupee by 13.5 percent by Friday in the interbank rate will raise inflation to 35... Updated 30 Jan, 2023 09:26am
Business & Finance KATI chairman concerned at rupee slide KARACHI: President of Korangi Association of Trade and Industry (KATI) Faraz-ur-Rehman expressed his concern over... Published 28 Jan, 2023 06:20am
Print Signing of deal in March: Refineries to get Russian oil by April-end Russian and Pakistani companies would sign agreements on spot purchase and long-term LNG contracts under the energy security plan Updated 27 Jan, 2023 09:02am
Markets Alarm bells: SBP-held foreign exchange reserves plunge $923mn, now stand at mere $3.7bn Liquid foreign reserves held by the country now stand at $9.5bn Updated 26 Jan, 2023 08:35pm
Print ECs lift cap on dollar rate KARACHI: The Exchange Companies Association of Pakistan (ECAP) has announced removal of price cap on exchange rate... Updated 25 Jan, 2023 08:51am
Print Cabinet for strategy to avert recurrence of power outages ISLAMABAD: The federal cabinet has ordered preparation of a comprehensive strategy to prevent significant ... Updated 25 Jan, 2023 08:54am
Print Consignments stuck at ports: Banks told to give one-time facilitation to importers KARACHI: In order to clear the stuck consignments at ports, the State Bank of Pakistan (SBP) has advised banks to... Updated 24 Jan, 2023 08:59am
Business & Finance Business community to mount protests against govt policies today: BMP chief LAHORE: The Federation of Pakistan Chambers of Commerce & Industry’s former president Mian Anjum Nisar has ... Published 23 Jan, 2023 06:54am
Print Wapda may delay issuance of 2nd $500m Eurobond Wapda was expecting to issue it by the middle of last year Updated 21 Jan, 2023 03:30pm
Opinion Wheat crisis Agrarian economy of Pakistan employs a large workforce and considered vital from a social, livelihood and foreign... Published 20 Jan, 2023 06:35am
Business & Finance Decline in seafood exports: Exporters blame foreign nations’ curbs on Pakistani products KARACHI: Exporters on Thursday blamed the continuing restrictions on the country’s fisheries products by different... Published 20 Jan, 2023 06:10am
Print Forex: industry makes prudent move ISLAMABAD: The country’s struggling industry has sought government’s nod to use foreign exchange (dollars)... Updated 19 Jan, 2023 08:40am
Business & Finance Drug manufacturers seek urgent steps for raw material import KARACHI: The Pakistan Pharmaceutical Manufacturers’ Association (PPMA) has earnestly appealed to the government to... Published 19 Jan, 2023 05:58am
Perspectives Summing up one of Pakistan's worst economic crisis Pakistan’s economy is currently passing through one of its worst phases in history, as the cash-strapped country... Updated 18 Jan, 2023 10:47am
Pakistan Pakistan 'held back' by 'very high levels of energy subsidies': ILO The International Labour Organization (ILO), a United Nations (UN) agency, has said that “very high levels of energy... Updated 17 Jan, 2023 06:44pm
Business & Finance Monetary policy: experts expect 100bps hike in policy rate SBP's monetary policy committee is scheduled to meet on January 23 (Monday) Published 16 Jan, 2023 03:00pm
Markets 19th successive loss: rupee falls against US dollar Currency loses Re0.19 to close at 228.34 in the inter-bank market Updated 16 Jan, 2023 07:26pm
Opinion CPEC: a game changer or ...? Today all three national parties - Pakistan Muslim League-Nawaz (PML-N), Pakistan Peoples’ Party (PPP) and ... Published 16 Jan, 2023 06:46am
Print PKR declines in all the five sessions KARACHI: The rupee depreciated in all 5 sessions against the US dollar during the previous week, falling 0.44% to... Published 16 Jan, 2023 06:18am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?