Wealth statement: FY21: IK’s assets grow by over Rs60m YoY ISLAMABAD: Prime Minister Shehbaz Sharif was liable to pay a loan of more than Rs140 million including over Rs60... Updated 16 Jun, 2022 09:46am
Opinion Trade credit: a basic building block for industry—I Trade credit financing is encouraged globally by regulators as it expands businesses and creates opportunities for... Published 18 Jan, 2022 04:20am
Print SBP explains how economic rebound achieved in FY21 State Bank of Pakistan releases its Annual Report on the State of Pakistan’s Economy reviewing the fiscal year 2020-21 Updated 25 Nov, 2021 09:24am
Business & Finance ‘Monetary Policy Statement’: clarification by SBP KARACHI: With regard to the editorial in Business Recorder dated November 22, 2021 titled “Monetary Policy... Published 24 Nov, 2021 06:25am
Editorials SBP: 'It is not enough that we do our best...' EDITORIAL: The State Bank of Pakistan (SBP) has recently released its annual performance review of 2020-21. The... Updated 08 Nov, 2021 09:44am
Opinion SBP's profit declines According to a Business Recorder news item, State Bank of Pakistan's (SBP's) profit declined sharply 35 percent... Published 31 Oct, 2021 04:05am
Print Q1 FDI slips as Chinese investment plummets KARACHI: Foreign Direct Investment (FDI) in the country fell by 4 percent during the first quarter of this fiscal... Updated 19 Oct, 2021 11:53am
Print Remittances post 12pc growth in Q1 KARACHI: The inflows of home remittances posted 12 percent growth during the first quarter of this fiscal year... Published 09 Oct, 2021 03:58am
Business & Finance FY21 direct taxes: FBR fails to achieve target LAHORE: All the taxes surpassed their targets in Financial Year 2020-21 except direct taxes, which fell short by 3.5... Published 28 Sep, 2021 05:12am
Print APTMA rejects RD on export of cotton yarn ISLAMABAD: All Pakistan Textile Mills Association (APTMA) has strongly opposed the move of imposing Regulatory Duty... Updated 27 Sep, 2021 10:28am
Pakistan PIBT contributes Rs5.8bn to govt kitty in FY21 KARACHI: Pakistan International Bulk Terminal (PIBT) has contributed Rs 5.8 billion in FY2020-21 to the national... Published 10 Sep, 2021 04:41am
Editorials Karachi and its ports need attention EDITORIAL: To the surprise of many city-wise export figures for the past two years, more than 50 percent exports... Published 10 Sep, 2021 04:41am
Print FY21: It's lower tax collection in dollar terms, says expert Former special assistant to the prime minister on revenue Haroon Akhtar says if we convert revenue collection in dollars, the current regime is still far behind compared to collection during 2018 Updated 06 Sep, 2021 10:51am
Print External debt, liabilities hit historic high of $122bn KARACHI: Pakistan’s external debt and liabilities continued to grow and reached the historic level of $122 billion... Updated 31 Aug, 2021 09:30am
Markets FY21: PSO earns Rs29.1bn PAT KARACHI: In a fast changing, pandemic, lockdown world, Pakistan State Oil (PSO) beat all odds. A record breaking... Published 25 Aug, 2021 04:43am
Print $2.7bn remittances arrive in July KARACHI: With $2.7 billion inflows, workers' remittances maintained strong trend in the first month of this fiscal... Published 11 Aug, 2021 04:57am
Pakistan Agri credit disbursement reaches Rs1.366trn despite Covid-19 challenges KARACHI: Despite the ongoing challenges posed by Covid-19 pandemic and climate change, credit disbursement by the... Published 10 Aug, 2021 04:39am
Business & Finance 30 years of existence: KSE-100 Index posts average annual returns of 14pc KARACHI: Pakistan Stock Exchange’s most followed KSE-100 Index posted average annual returns of 14 percent in last... Published 03 Aug, 2021 04:35am
Print Profit, dividend: Foreign investors repatriate $1.622bn in FY21 Amount rose by 20% year-on-year Updated 29 Jul, 2021 10:06am
Opinion Cotton production prospects According to State Bank of Pakistan (SBP) Second Quarterly Report on the “State of Pakistan’s Economy for ... Published 28 Jul, 2021 04:45am
Business & Finance Encouraged by 'positive developments', SBP keeps interest rate unchanged at 7% Growth projected to rise from 3.9 percent in FY21 to 4-5 percent this year, says central bank in monetary policy statement Economic recovery will be accompanied by external stability, adds SBP Updated 27 Jul, 2021 08:11pm
Print MPS today: Key policy rate may stay unchanged KARACHI: The Governor State Bank of Pakistan (SBP), Dr Reza Baqir will unveil Monetary Policy Statement (MPS) on... Published 27 Jul, 2021 02:43am
Print Services trade deficit declines by 43pc in FY21 KARACHI: Pakistan's service trade deficit shrank 43 percent during the last fiscal year (FY21) mainly due to lower... Published 26 Jul, 2021 05:52am
Print C/A surplus turns to deficit on higher import bill Country's import bill for the last month of FY21 was $6.32 billion Pakistan ended with a C/A deficit of $1.85 billion in FY21, against deficit of $4.449 billion in FY20 Updated 20 Jul, 2021 09:34am
Opinion Casino economy? Pakistan’s economy bounced back during FY21 after a lull of two years. The government is striving to have business... Published 18 Jul, 2021 04:14am
Print FDI down 29pc in FY21 on fall in Chinese investment KARACHI: Foreign Direct Investment (FDI) posted a decline of 29 percent during the last fiscal year (FY21) as ... Updated 17 Jul, 2021 10:33am
Opinion SBP’s economic outlook Going forward, in FY22, the economic momentum that became evident during FY21 is expected to strengthen further. The... Published 17 Jul, 2021 04:21am
Pakistan PM hails growth in housing finance: FIs achieve 97pc of June target: Baqir KARACHI: Housing and construction finance continues to increase, supported by favourable government policies and... Published 16 Jul, 2021 04:34am
Editorials Remittances: momentum must last EDITORIAL: Home remittances or workers’ remittances have really done well in the outgoing financial year in sharp... Published 16 Jul, 2021 04:34am
Pakistan Pakistan well-positioned for growth: Citibank officials Pakistan is well-positioned for growth but concerns around inflation, global protectionism, and US monetary... Published 15 Jul, 2021 04:03am
