‘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
Opinion Trade conundrum: who is at fault? The July 2023 trade data indicates an improvement in the trade deficit – from negative 1.863 billion dollars to... Published 28 Aug, 2023 06:27am
Business & Finance ‘Rise in exports and remittances is a must to arrest PKR slide’ KARACHI: Chairman of National Business Group Pakistan, and President of Pakistan Businessmen and Intellectuals ... Published 28 Aug, 2023 06:27am
Editorials The grimness of macroeconomic data EDITORIAL: Macroeconomic data recently released by the Pakistan Bureau of Statistics (PBS) merits immediate ... Updated 23 Aug, 2023 06:40am
BR Research CAD roundup: scary start to FY24 The current account is back in the red with relaxation on imports, a condition of the SBA with IMF. The deficit... Updated 21 Aug, 2023 08:56pm
Opinion New tenants in ‘Block Q’ neighbourhood The macro numbers are not showing a good picture. Inflation is creeping up again. The current account posted a... Updated 21 Aug, 2023 07:53am
Editorials Ominous start to new (fiscal) year EDITORIAL: A 19.3 percent year-on-year drop in remittances in July isn’t exactly how the outgoing government... Published 19 Aug, 2023 06:46am
BR Research Remittances - the decline continues! The weaknesses in remittances have been visible over the last year or so the foreign inflows remain tepid and... Published 15 Aug, 2023 08:21am
Business & Finance Jul remittances down 19.3pc to $2.027bn YoY KARACHI: Inflow of home remittances fell sharply, ie, over 19.3 percent during the first month of this fiscal year,... Published 11 Aug, 2023 05:17am
Pakistan Pakistan’s remittances clock in at just over $2bn in July Inflow 7.3% lower on monthly basis Updated 10 Aug, 2023 06:48pm
Opinion Underutilisation of remittances in economy Don’t count your chicken before they hatch is an idiom that goes quite well with our situation. Quite often we see... Updated 09 Aug, 2023 03:58pm
Print Six incentive schemes of SBP: ECC approves proposal of changes in contours ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved the State Bank of Pakistan (SBP)’s... Updated 08 Aug, 2023 08:43am
Editorials Plus ca change, plus c’est la meme chose EDITORIAL: In an overarching drive to launch development projects before the term of the government expires, a drive... Published 01 Aug, 2023 06:19am
Opinion Hunger in Pakistan Pakistan hosts the poorest population with per capita income at $1550 compared with Bangladesh at $2660 and India at... Published 29 Jul, 2023 05:28am
Business & Finance IT, ITeS export remittances: FY23 target missed ISLAMABAD: Pakistan’s IT and IT-enabled Services (ITeS) export remittances missed the target of $3 billion set for... Published 19 Jul, 2023 03:21am
Print Cases of overseas Pakistanis: FTO issues guiding policy to FBR ISLAMABAD: The Federal Tax Ombudsman (FTO) has warned the Federal Board of Revenue (FBR) that the harsh treatment of... Updated 13 Jul, 2023 09:06am
BR Research Remittances in FY23 Remittances sent home by Pakistanis abroad has tapered off in FY23 to $27 billion – declining by 14 percent... Published 11 Jul, 2023 09:36am
Opinion PARTLY FACETIOUS: IMF’s rare contact “Okaaay.” “What brought on that long drawn out sigh?” “The International Monetary Fund (IMF) contacted all... Updated 11 Jul, 2023 07:29am
Print Fitch upgrades rating on improved external liquidity ISLAMABAD: Fitch Ratings has upgraded Pakistan’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to “CCC”... Updated 11 Jul, 2023 09:02am
Business & Finance FY23 remittances fall 13.6pc to $27bn YoY KARACHI: Workers’ remittances declined by 13.6 percent to $27 billion in the fiscal year FY23 as compared to... Published 11 Jul, 2023 06:08am
BR Research Remittances on a downward trajectory As per the data released by the central bank, remittances continued its decline. The year-on-year decline in... Published 14 Jun, 2023 07:36am
Opinion This is a time of deep introspection Pakistan is spiraling into abject poverty and is slipping further into the abyss. The World Bank (WB) reports that... Published 14 Jun, 2023 06:21am