Current Account roundup The current account deficit normalized to $773 million (2.8% of GDP) in July as compared to $1.6 billion in the... Updated 23 Aug, 2021 11:12am
Print Taliban face critical need for international aid WASHINGTON: The Taliban have promised to improve Afghanistan’s economy, but to do that the new regime will need... Published 19 Aug, 2021 03:14am
World Euro zone growth confirmed at 2pc in Q2 BRUSSELS: The euro zone economy grew 2% in the second quarter, the European Union statistics office said on Tuesday,... Published 18 Aug, 2021 04:00am
Print 14 priority sectors: PM apprised about pace of reforms PM directs to expedite pace to attract investors and improve functioning of SOEs Also wants extension of facilities under ease of doing business Updated 15 Aug, 2021 10:29am
Business & Finance Peru restores spending, debt ceilings LIMA: Peru has once again put in place ceilings on public spending and debt after lifting them during the pandemic,... Published 15 Aug, 2021 04:47am
Business & Finance Sterling little changed by Britain's 4.8pc GDP growth in Q2 LONDON: Sterling was little changed on Thursday as analysts expected the Bank of England to make no moves in its... Published 13 Aug, 2021 04:44am
Business & Finance Sterling rises modestly LONDON: Sterling reversed course and rose modestly on Wednesday after three days of losses against the dollar, which... Published 12 Aug, 2021 04:34am
Markets Australia central bank to trim bond buying even as Delta variant slams economy The highly transmissible Delta variant of the coronavirus has taken hold in Sydney with close to 4,000 infections since mid-June despite weeks of lockdown Published 03 Aug, 2021 10:54am
Business & Finance ‘Pakistan should raise revenue by increasing exports’ KARACHI: It is inevitable for Pakistan to raise revenue by growing the exports up to $80 billion, which is daunting... Published 01 Aug, 2021 04:46am
BR Research Turning data into credit A high degree of financial exclusion means that a significant majority of Pakistani adults and firms are locked out... Published 29 Jul, 2021 08:53am
BR Research O ye, of little faith… SBP is the cat that ate the canary. In its Post-MPC Analyst briefing two days ago, the SBP boasted about robust... Published 29 Jul, 2021 08:30am
Print IMF revises Pakistan's GDP growth projection upward to 3.9pc ISLAMABAD: The International Monetary Fund (IMF) has revised upward the GDP growth projection for Pakistan to 3.9... Updated 28 Jul, 2021 09:23am
BR Research CAD: Time to manage imports FY21 was one of the better years in terms of managing current account deficit while bringing the growth momentum... Updated 26 Jul, 2021 08:22am
Markets S&P cuts Indonesia GDP growth forecast, warns of pressure on credit conditions JAKARTA: Indonesia’s growing Covid-19 outbreak is adding downside pressures on the country’s economy and credit... Published 16 Jul, 2021 04:34am
BR Research Full year LSM nearing 14 percent Large Scale Manufacturing (LSM) inched further ahead, registering 14.57 percent growth for 11-month period ending ... Published 15 Jul, 2021 08:43am
Pakistan NPO to launch ‘National Productivity Movement’ ISLAMABAD: The National Productivity Organization (NPO) has decided to launch “National Productivity Movement” ... Published 15 Jul, 2021 04:03am
Business & Finance Pakistan 'well-positioned for growth' but concerns remain, says Citi Rizwan Shaikh, head of EMEA Emerging Markets Corporate Banking, terms vaccination speed key factor in pace of recovery Citi Country Officer Ahmed Bozai says Pakistan's market has depth, but rise of global commodity prices remains concern Published 14 Jul, 2021 08:30am
BR Research An interview with Asad Umar, Federal Minister for Planning, Development, & Special Initiatives “PTI will not leave behind an economic crisis on external front” Asad Umar may recently be most known for his... Published 09 Jul, 2021 07:52am
Print G-MSS for housing finance: FIs to face penalty for missing targets KARACHI: The State Bank of Pakistan (SBP) has announced that it will impose penalty on the Financial Institutions... Published 07 Jul, 2021 04:28am
BR Research Letting loose? Never a lull moment when a pandemic is raging on! There has been a considerable letup in Covid-19 infections from ... Published 06 Jul, 2021 08:07am
Pakistan PTI govt strengthened economy, says Farrukh Habib LAHORE: Minister of State for Information and Broadcasting Farrukh Habib said on Monday that the PTI government has... Published 06 Jul, 2021 03:48am
Markets Indonesia finmin sees 4-5% GDP growth in H2 under moderate coronavirus scenario If the restrictions are relatively longer and COVID (cases) remain high Published 05 Jul, 2021 10:07am
Markets Commodity prices worldwide: Increase will have inflationary implications for country: ministry ISLAMABAD: Increase in commodity prices worldwide will have inflationary implications for Pakistan, as the country... Published 03 Jul, 2021 03:19am
Business & Finance Russia’s economic growth accelerates MOSCOW: Russia’s gross domestic product (GDP) rose 10.9% year-on-year in May, the economy ministry said on... Published 02 Jul, 2021 04:19am
Print Over Rs25m tax liability: Action would be considered: Tarin ISLAMABAD: Finance Minister Shaukat Tarin on Tuesday said the government would go after the wilful tax defaulters as... Published 30 Jun, 2021 03:54am
Opinion Tackling poverty One of the key questions today is what has happened to the incidence of poverty in 2020-21, a year which is new... Published 29 Jun, 2021 03:24am
Editorials From trickle-down to bottom-up EDITORIAL: Federal Finance Minister Shaukat Tarin pledged to implement a bottom-up approach as opposed to the... Published 29 Jun, 2021 03:24am
Opinion Economic direction and role of government — II The overall economic policy, including that of the philosophy of Budget, must take into consideration the fact that... Published 26 Jun, 2021 03:24am
Print Budget described as ‘hope for all tiers of society’ ISLAMABAD: While terming the budget for the next fiscal year as hope for all the tiers of society, Finance Minister... Updated 26 Jun, 2021 01:11pm
Business & Finance S&P affirms China ratings, says China to maintain robust GDP growth This is in part due to its effective containment of the COVID-19 pandemic and rapid vaccine rollout Published 25 Jun, 2021 12:20pm
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?
In historic visit, Iran President Raisi says decision made to increase bilateral trade five-fold to $10bn