Input goods’ import: SBP unveils procedure for availing EFS ITM facility KARACHI: The State Bank of Pakistan (SBP) has announced the procedure for availing International Toll Manufacturing... Updated 28 Dec, 2023 09:41am
Business & Finance SBP declares BoK as ‘e-Stamping agent’ in KP PESHAWAR: Bank of Khyber (BoK) and the State Bank of Pakistan (SBP) signed an Agency Agreement in Peshawar to... Published 28 Dec, 2023 04:52am
Print Budgetary support during Jul 1-Dec 16, 2023 period: Govt borrowing jumps 200pc to Rs2.876trn YoY Entire amount was borrowed from the SBP and scheduled banks to finance the fiscal deficit Updated 27 Dec, 2023 09:54am
Markets Open-market: rupee registers minor gain against US dollar The Pakistani rupee registered slight improvement against the US dollar in the open market on Tuesday, while the... Updated 26 Dec, 2023 10:13pm
Opinion Fall in industrial production The statistics on the Quantum Index of Manufacturing (QIM) has been released by the Pakistan Bureau of Statistics... Published 26 Dec, 2023 04:30am
Business & Finance Remittance inflows critical to supporting current account balance: PIAF LAHORE: The Pakistan Industrial and Traders Associations Front (PIAF) on Monday said that foreign remittances flows... Published 26 Dec, 2023 04:30am
Print Open market exchange rate calculation: Mechanism finds favour with ECAP Exchange Companies Association of Pakistan appreciates State Bank of Pakistan’s efforts for stability of exchange rate Updated 26 Dec, 2023 10:02am
Editorials Austerity measures EDITORIAL: A Business Recorder exclusive reveals that austerity measures for the current year are awaiting Caretaker... Published 26 Dec, 2023 04:30am
Print Scrutiny of nominations: ECP sets up panel ISLAMABAD: The electoral organisation has announced to have set up a facilitation centre, to be assisted by the... Updated 26 Dec, 2023 09:35am
Print Field formations: FBR announces extended workhours ISLAMABAD: The Federal Board of Revenue (FBR) has announced that the field formations (customs department) will... Updated 25 Dec, 2023 08:43am
Print Open market: SBP unveils new exchange rate mechanism KARACHI: In order to ensure transparency and credibility to the process of compiling open market exchange rate, the... Updated 23 Dec, 2023 02:50pm
Opinion Some important economic policy questions The first important policy question facing policymakers is how much role aggregate demand plays in determining... Published 22 Dec, 2023 05:22am
Business & Finance SBP’s reserves fall by $136m KARACHI: The total liquid foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased by $136... Published 22 Dec, 2023 05:22am
Business & Finance Shamshad highlights importance of Exim Bank ISLAMABAD: Caretaker Finance Minister Dr Shamshad Akhtar has stated that Exim Bank will play an important role in... Published 22 Dec, 2023 05:22am
Pakistan Enhancing exports ‘only way for sustainable growth’: Dr Shamshad Speaking at launch of Export-Import Bank of Pakistan, caretaker minister says country needs to move away from excessive dependence on textile sector Updated 21 Dec, 2023 09:41pm
Print Eyeing Rs110bn funding: Govt gearing up to unveil another sukuk auction calendar KARACHI: In a bid to strengthen its financial standing, the government of Pakistan is gearing up to unveil yet... Updated 21 Dec, 2023 08:37am
Editorials Macroeconomic indicators not satisfactory EDITORIAL: External borrowing failed to meet the budgeted target by 51 percent as per data released by the Pakistan... Published 21 Dec, 2023 03:54am
Business & Finance Bank holiday KARACHI: The State Bank of Pakistan (SBP) will remain closed on December 25, 2023 (Monday) being public holiday on... Published 21 Dec, 2023 03:54am
Opinion The giant ship of China’s economy will continue to cleave the waves Since the beginning of this year, the China’s economy has been moving forward, overcoming obstacles and showing a... Published 20 Dec, 2023 06:22pm
BR Research Exports locked in a Goldilocks moment After showing cautious signs of recovery, foreign bill discounting has once again reversed trajectory. According to... Published 20 Dec, 2023 08:57am
Business & Finance SBP grants approval: TPL, Abhi Ltd to commence due diligence of FINCA Microfinance Bank KARACHI: The State Bank of Pakistan (SBP) has granted TPL Corp Limited (TPL) and Abhi (Private) Limited (Abhi) its... Published 20 Dec, 2023 06:00am
Business & Finance Fake notes of Rs5000: SBP vows to improve regulations ISLAMABAD: The State Bank of Pakistan (SBP) has assured the Senate Standing Committee on Finance to improve... Published 20 Dec, 2023 06:00am
Business & Finance Internal control lapses: Rs90m penalties on erring banks termed ‘peanuts’ ISLAMABAD: The State Bank of Pakistan (SBP) has imposed penalties of Rs90 million on different banks and ... Published 20 Dec, 2023 06:00am
Markets SBP gives nod to TPL, Abhi to pursue FINCA’s due diligence The State Bank of Pakistan (SBP) has given a green signal to TPL Corp Limited (TPL), a Pakistani financial platform,... Updated 19 Dec, 2023 04:13pm
Opinion Outlook for inflation The statement released recently by the Monetary Policy Committee of the SBP (State Bank of Pakistan) indicates that... Published 19 Dec, 2023 05:20am
Print Nov C/A posts $9m first monthly surplus after June KARACHI: After posting deficits for four consecutive months, the country’s current account improved significantly... Updated 19 Dec, 2023 10:01am
Business & Finance SBP official explains latest monetary policy decision KARACHI: The Director of the Monetary Policy Department State Bank of Pakistan (SBP), Amin Lodhi has discussed the... Updated 19 Dec, 2023 09:33am
Business & Finance Bank Alfalah joins forces with IFC to embark on its green banking journey KARACHI: Bank Alfalah, a leading commercial bank in Pakistan and the International Finance Corporation (IFC)... Published 19 Dec, 2023 05:20am
Business & Finance PBA launches ‘Shared E-Know Your Customer’ platform KARACHI: Pakistan Banks Association (PBA), under the guidance of the State Bank of Pakistan, has launched “Shared... Published 19 Dec, 2023 05:20am
Editorials A further decline in remittances EDITORIAL: Remittance inflows, a desired form of foreign exchange earnings, declined July-November 2023 to 11,044.7... Published 19 Dec, 2023 05:20am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?