Pakistan’s current account deficit clocks in at $74m in October Total imports stand at $5.17bn against $5.35bn in the same period of previous year Updated 20 Nov, 2023 10:20pm
Business & Finance Exports: PBF demands govt issue 15pc rebate for one year KARACHI: The Pakistan Business Forum (PBF) has demanded the government to issue 15 percent rebate for a period of ... Published 17 Nov, 2023 06:06am
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
Business & Finance Oct remittances up 9.6pc to $2.463bn YoY KARACHI: Inflows of workers’ remittances recorded a notable 10 percent growth during October 2023 compared to the... Published 11 Nov, 2023 06:30am
Markets Pakistan’s remittances clock in at $2.5bn in October, up 11.5% on monthly basis On yearly basis, inflow up nearly 10% Updated 10 Nov, 2023 10:13pm
Business & Finance BMP highlights significance of inward foreign flows LAHORE: The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel (BMP) has said that... Published 06 Nov, 2023 05:27am
Print SBP, AMF sign MoU to facilitate cross-border remittances KARACHI: The Arab Monetary Fund (AMF) and the State Bank of Pakistan (SBP) has signed a Memorandum of Understanding... Updated 04 Nov, 2023 04:10pm
Markets SBP, Arab Monetary Fund sign MoU to facilitate cross-border remittances Pakistan’s Raast and AMF-owned Buna payment systems will be linked to enable real-time, cross-border payments for overseas Pakistanis Updated 03 Nov, 2023 07:54pm
Print Remittance inflows likely to recover Experts say that improvement inflows likely as PKR marked a significant comeback against US dollar in interbank and open market in last few weeks Updated 30 Oct, 2023 10:05am
Print SBP expects increase in home remittances KARACHI: With a significant increase in the labour migration, the State Bank of Pakistan (SBP) is expecting... Updated 25 Oct, 2023 08:42am
BR Research Demand destruction at play The current account almost stood in balance (deficit of $8 mn) in September due to lower import payment bill. The... Published 24 Oct, 2023 08:17am
Print Q1 IT, ITeS export remittances up 3.3pc to $655m YoY ISLAMABAD: The IT and IT-enabled Services (ITeS) export remittances comprising computer services and call centre... Updated 21 Oct, 2023 04:50pm
Print Sept CA deficit shrinks to stand at $8m KARACHI: The country’s current account deficit declined to $8.0 million in September 2023 as compared to the current... Updated 20 Oct, 2023 09:03am
Editorials Filling the cracks in the system EDITORIAL: The crackdown on smuggling and illegal business of some exchange companies is yielding results in the... Published 16 Oct, 2023 05:47am
Opinion Economic impasse and political instability The economic challenges of Pakistan are appallingly enduring, and unless we effectively address fiscal discipline... Updated 13 Oct, 2023 06:26am
BR Research Remittance slowdown Remittances inflows stood at $2.2 billion in September which is up by 5 percent from the previous month and down by... Published 11 Oct, 2023 08:50am
Print Sept workers’ remittances up 5pc to $2.206bn MoM KARACHI: Inflows of workers’ remittances posted an increase of over 5 percent in September 2023 compared to August... Updated 11 Oct, 2023 11:03am
Pakistan Pakistan’s remittances clock in at $2.2bn in September, 5.5% higher on monthly basis However, inflow 11% lower year-on-year Cumulative figure for July-September stands at $6.33bn, nearly 20% lower compared with same three-month period of FY23 Updated 10 Oct, 2023 10:42pm
Business & Finance Growing national debt termed ‘a bad omen’ KARACHI: Pakistan’s total debt (external and domestic) is on surge, reaching the historic mark of Rs. 64 trillion... Published 09 Oct, 2023 06:24am
Editorials Caretakers’ approach to economic impasse EDITORIAL: The Caretaker government’s discernible approach to dealing with the economic impasse is twofold: ... Published 03 Oct, 2023 06:02am
BR Research Currency – the pendulum swing PKR’s slow and steady appreciation continues in the interbank market, as PKR/USD has reached 290 from 307 in 16... Updated 26 Sep, 2023 09:00pm
Print ‘Diamond’ category in Sohni Dharti Remittance Programme launched KARACHI: The State Bank of Pakistan (SBP) has announced the launch of Diamond Category in the Sohni Dharti... Updated 23 Sep, 2023 08:56am
BR Research Current account roundup: Aug 2023 The current account is coming back to manageable levels in August – departure from a sudden spike in the last month.... Published 18 Sep, 2023 08:58am
Editorials Big decline in remittances EDITORIAL: Remittance inflows declined during the first two months of the current fiscal year against the comparable... Published 15 Sep, 2023 06:31am
BR Research Remittances remain dreary Pakistan key lifeline has been under pressure as drop in remittances continue in the ongoing fiscal year – signaling... Published 13 Sep, 2023 08:53am
Business & Finance July-August remittances post big fall Pakistan receives workers’ remittances amounting to $ 4.12 billion in July-Aug of FY24 Updated 12 Sep, 2023 09:58am
Pakistan Pakistan’s remittances clock in at $2.1bn in August, 24% lower YoY However, inflow 3.1% higher on monthly basis Updated 11 Sep, 2023 07:55pm
Print Finance minister says govt to go for rollover of deposits Says it was important to remove import restrictions across the board since Pakistan was an import-intensive country Updated 09 Sep, 2023 02:30pm
Markets Rapid rupee decline brewing ‘a perfect storm’ for Pakistan: PBC The Pakistan Business Council (PBC), one of the country’s largest corporate advocacy platforms, warned that the... Updated 01 Sep, 2023 06:10pm
Print Rising debt servicing emerges as hindrance: Projection of cut in C/A deficit subject to certain risks ISLAMABAD: The government projection of a reduction in the current account deficit to US$ 3.7 billion is subject to... Updated 01 Sep, 2023 09:11am