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
Editorials Staff-level agreement reached EDITORIAL: The staff-level agreement (SLA) on the first review of the nine-month 3 billion dollar International... Published 17 Nov, 2023 06:06am
Print Forex reserves fall by $79m KARACHI: The country’s total liquid foreign exchange reserves fell by $79 million during the last week due to... Updated 17 Nov, 2023 08:39am
Print RDAs: foreign inflows surge to $6.9bn mark KARACHI: Foreign inflow under the Roshan Digital Accounts (RDAs) surged to $ 6.9 billion mark at the end of October... Updated 17 Nov, 2023 10:04am
Business & Finance SBP podcast: Steps aimed at stabilising economy discussed KARACHI: The latest episode of the SBP Podcast series delves into the details of Pakistan’s economic landscape, as... Published 17 Nov, 2023 06:06am
Markets Pakistan’s central bank reserves fall $115mn, now stand at $7.4bn Foreign exchange reserves held by the State Bank of Pakistan (SBP) fell by $115 million on a weekly basis, clocking... Updated 23 Nov, 2023 07:56pm
Print Quarterly targets: IMF team acknowledges govt efforts in its meeting with Kakar IMF Mission Chief for Pakistan Nathan Porter says efforts have resulted in positive conclusion of the technical-level talks Updated 16 Nov, 2023 09:52am
Print T-bills cut-off yield down up to 50bps KARACHI: The cut-off yield on short-term government papers declined up to 50 basis points (bps) in the auction held... Updated 16 Nov, 2023 09:25am
Business & Finance SECP green lights Meezan Bank’s wholly-owned Exchange Company The Securities and Exchange Commission of Pakistan (SECP) has issued the Certificate of Incorporation to Meezan... Updated 15 Nov, 2023 04:55pm
Pakistan Role of Islamic finance in sustainable growth highlighted KARACHI: The Institute of Business Management’s (IoBM) two-day International Conference on Islamic Banking and... Published 15 Nov, 2023 06:09am
Print SBP allows ASA Microfinance Bank to commence operations KARACHI: The State Bank of Pakistan (SBP) has allowed ASA Microfinance Bank (Pakistan) Limited to commence... Updated 15 Nov, 2023 08:51am
Markets SBP allows ASA Microfinance Bank Limited to commence operations nationwide The State Bank of Pakistan (SBP) has allowed ASA Microfinance Bank (Pakistan) Limited to commence microfinance... Published 14 Nov, 2023 06:28pm
Markets TPL Corp, Abhi Limited explore acquisition of FINCA TPL Corp and Abhi Limited, a Pakistani financial platform, have partnered to consider the potential acquisition of a... Published 14 Nov, 2023 12:27pm
Business & Finance Summit Bank changes name to Bank Makramah Limited The name of Summit Bank Limited (SMBL) has been changed to Bank Makramah Limited (BML), the bank announced in a... Updated 13 Nov, 2023 10:27pm
BR Research Nano lending-regulate without killing it Nano lending is new in Pakistan and is going through a teething phase. It has both registered and unregistered... Updated 13 Nov, 2023 12:15pm
Print PTI issues ‘white paper’ on state of economy ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) government put the fast dwindling economy of the country on the path of... Updated 13 Nov, 2023 08:56am
Editorials Boosting ICT exports EDITORIAL: For Pakistan to come out of its recurrent balance of payment rut, exports are required to grow at a fast... Published 11 Nov, 2023 06:30am
Print Sept debt stocks down 2.6pc to Rs62.291trn MoM KARACHI: The federal government’s total debt (domestic and external) stocks recorded a decline of 2.6 percent in... Updated 11 Nov, 2023 08:55am
Business & Finance ‘SBP to launch web portal to redress bank-related complaints’ FAISALABAD: Inflation has been reined in and will further decrease while other economic indicators are also expected... Published 11 Nov, 2023 06:30am
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 central bank reserves see slight increase of $4mn, now stand at $7.51bn Foreign exchange reserves held by the State Bank of Pakistan (SBP) slightly increased by $4 million on a weekly... Published 10 Nov, 2023 08:52pm
Markets Open-market: rupee falls further against US dollar The Pakistani rupee registered a marginal decline against the US dollar in the open market on Friday as its... Updated 10 Nov, 2023 10:46pm
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
Pakistan PSDF courses: Graduates have capacity to earn more as compared to others LAHORE: The graduates of the skill development courses offered by the Punjab Skill Development Fund have the ... Published 10 Nov, 2023 03:07am
Opinion Is PKR only currency under duress? The market has recently seen a decline in the value of PKR in relation to USD. This has been happening non-stop for... Published 10 Nov, 2023 03:07am
Business & Finance Digital, financial inclusion: Jazz CEO praises role of SBP and PTA ISLAMABAD: Aamir Ibrahim, CEO of Jazz and chairman of Mobilink Microfinance Bank (MMBL) has praised the pivotal ... Published 10 Nov, 2023 03:07am
Business & Finance Chenab Limited rises with HBL’s support KARACHI: Chenab Limited is now on its way to achieving its lost glory. Chenab was once Pakistan’s largest exporter... Published 09 Nov, 2023 05:38am