DPC proposes ‘appropriate’ changes in statute KARACHI: The Deposit Protection Corporation (DPC) has proposed “appropriate” changes in its statute to enhance its... Updated 02 Dec, 2023 03:53pm
Markets Pakistan’s headline inflation reading clocks in at 29.2% in November Inflation reading higher than October's when it stood at 26.9% Updated 01 Dec, 2023 10:38pm
Pakistan PBA conducts training session on trade-based money laundering KARACHI: Delivering upon its commitment to further strengthen the financial sector against local and global trade... Published 01 Dec, 2023 04:43am
Business & Finance SBP’s reserves up $77m KARACHI: The total liquid foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $77 ... Published 01 Dec, 2023 04:43am
Business & Finance VISA, VRG sign strategic partnership agreement KARACHI: The SPA brings together VISA the world’s leader in digital payments with its network of networks strategy... Published 01 Dec, 2023 04:43am
Print $3bn deposit: SFD extends term for one year KARACHI: The Kingdom of Saudi Arabia (KSA) has extended the term for a $3 billion deposit placed with Pakistan to... Updated 30 Nov, 2023 08:46am
Editorials Reaping the result of Dar’s stubbornness? EDITORIAL: In a spirited defence of his signature policy to control the external value of the rupee, former... Updated 30 Nov, 2023 04:27pm
Business & Finance Solar panel importers: Banks penalised for failing to check money laundering, over-invoicing ISLAMABAD: The State Bank of Pakistan (SBP) has imposed penalties on certain banks for not checking massive money... Published 30 Nov, 2023 04:53am
Markets Saudi Fund for Development extends term of $3bn deposit for another year: SBP The $3 billion-deposit agreement was initially signed through the SFD with the SBP in the year 2021 Updated 29 Nov, 2023 09:40pm
Pakistan Profit repatriation from Pakistan rises massively, stands at $272.5mn in October Cumulative profit repatriated during July-October FY24 stands at $485.4mn, compared to $71.3mn in same period of previous year Updated 28 Nov, 2023 07:17pm
Opinion Unusual balance of payments The data on the balance of payments in the first four months of 2023-24 has been released recently by the SBP (State... Updated 28 Nov, 2023 05:22am
Business & Finance PTEA says concerned at state of economy FAISALABAD: Textile export industry is highly concerned over continuous downfall in exports. Inconsistent policies,... Published 28 Nov, 2023 04:56am
Print Govt explains magnitude of SOE burden Federal Minister for Privatisation says current state of the public sector is unsustainable and contributes to the deterioration in the business environment in the country Updated 28 Nov, 2023 10:01am
Print SBP governor hopes CA deficit to stay around 1.5pc of GDP KARACHI: The Pakistan Banking Awards 2023 ceremony was held on Friday evening here. Governor State Bank of Pakistan... Updated 26 Nov, 2023 09:41pm
Print Inflation will go down gradually, says Shamshad Effective policies of the caretaker government were resulting in improvement in the economic conditions, adds caretaker finance minister Updated 25 Nov, 2023 05:34pm
Print ECC for taking provinces on board for revising drug prices ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has directed Ministry of National Health... Updated 25 Nov, 2023 05:35pm
Business & Finance SECP-SBP panel meeting: New developments in digital financial services discussed KARACHI: The 30th meeting of the Securities and Exchange Commission of Pakistan (SECP) and the State Bank of ... Published 24 Nov, 2023 05:29am
Business & Finance Forex reserves drop by $217m KARACHI: The total liquid foreign reserves held by the State Bank of Pakistan (SBP) decreased by $ 217 million to $... Published 24 Nov, 2023 05:29am
Markets Pakistan’s central bank reserves fall $217mn, now stand at $7.2bn Total liquid foreign reserves held by country stand at $12.3 billion Updated 23 Nov, 2023 11:41pm
BR Research FDI in 4MFY24 The country attracted half a billion in foreign direct investment during the first 4 months of FY24 (4MFY24), a... Published 23 Nov, 2023 09:15am
Print Chinese IPPs: MoF seeks update on payment issues ISLAMABAD: Ministry of Finance (MoF) has sought updated status from Power Division on commitments made by Caretaker... Updated 22 Nov, 2023 09:21am
Print SBP adopts ‘VPN technology’ for DAP connectivity KARACHI: The State Bank of Pakistan (SBP) has decided to adopt network level security by implementing the ‘Virtual... Updated 22 Nov, 2023 09:22am
Editorials SBP Vision 2028 EDITORIAL: It’s easy to lose one’s way in the complex and sometimes deliberately vague language of financial... Published 22 Nov, 2023 05:48am
Markets PKR: upward trajectory KARACHI: The Pakistani rupee maintained its upward trajectory against the US dollar for the third consecutive... Published 21 Nov, 2023 06:01am
Print Jul-Oct FDI rises 7pc to $525m YoY KARACHI: Foreign Direct Investment in the country rose by 7 percent during the first four months of this fiscal year... Updated 21 Nov, 2023 09:33am
Business & Finance Jul-Oct C/A deficit dips sharply KARACHI: The country’s current account deficit fell sharply 66 percent during the first four months of this fiscal... Published 21 Nov, 2023 06:01am
Pakistan 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
Print ECC approves Rs20bn for Green Corporate Initiative ISLAMABAD: The Economic Coordination Committee (ECC) has accorded approval for release of Rs 20 billion to Green... Updated 20 Nov, 2023 09:47am
Business & Finance Govt should adopt pro-exporter policies: TMA KARACHI: The Senior Vice Chairman Syed Usman Ali along with the prominent exporters of the Towel Manufacturers... Published 18 Nov, 2023 06:03am
Print SBP governor unveils ‘strategic plan’ for 2023-28 Plan highlights the central bank’s vision, mission and key goals to be pursued over the next five years Updated 18 Nov, 2023 08:47pm