SBP says emergency MPC meeting reports baseless Central bank says premature to forecast future policy rate Updated 01 Sep, 2023 02:25pm
Markets SBP-held foreign exchange reserves decrease further by $81mn, now stand at $7.85bn Debt repayments and lack of fresh inflows put pressure on dollar stockpile Published 31 Aug, 2023 07:44pm
Markets Analysts expect rate hike of up to 300bps in SBP’s monetary policy announcement High inflation and currency depreciation seen as reasons behind expected increase in key policy rate Updated 31 Aug, 2023 07:28pm
Technology Umar Saif expresses wish to bring PayPal, stripe payment gateways to Pakistan If the authorities facilitate us, I can increase the IT industry's size from $2.6 billion to $3.5 billion in a couple of months, says caretaker IT minister Updated 31 Aug, 2023 05:37pm
Opinion Acting on autopilot From 13.25% policy rate in 2020 to all time high of 22% in 2023, the state of Pakistan’s economy still seems to... Published 31 Aug, 2023 06:00am
Print Shamshad informs Senate body: No ‘fiscal space available’ for subsidies ISLAMABAD: The members of the Senate Standing Committee on Finance demanded of the government to withdraw seven... Updated 31 Aug, 2023 09:25am
Print SBP adopts AAOIFI’s Shariah standards KARACHI: The State Bank of Pakistan (SBP) on Wednesday announced the adoption of the “Accounting and Auditing... Updated 31 Aug, 2023 09:25am
Business & Finance StanChart launches comprehensive ‘Digital Banking Solution’ KARACHI: Standard Chartered Bank Pakistan on Wednesday announced to strengthen its Digital Banking Solution by... Published 31 Aug, 2023 06:00am
Business & Finance SBP suspends Money Link Exchange Co’s authorisation KARACHI: The State Bank of Pakistan has suspended, with immediate effect, the authorization of an Exchange Company,... Published 30 Aug, 2023 03:33am
Print Growing significance of RMB highlighted KARACHI: Speakers, at a seminar titled “RMB Prospects & Applications” hosted by the Industrial and Commercial... Updated 30 Aug, 2023 09:07am
Business & Finance SBP Refinance Scheme: LCCI urges Gohar to ease exporters’ concerns about new guidelines LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has urged the Federal Minister for Commerce Dr Gohar Ejaz... Published 30 Aug, 2023 03:33am
Opinion BoP projections: risk and uncertainty The year, 2022-23, closed with a truly remarkable reduction in the size of the current account deficit by 84% to ... Updated 29 Aug, 2023 06:44am
Print Banking institutions asked to strengthen financial inclusion, gender equality KARACHI: President Dr Arif Alvi Monday asked the banking institutions to take measures to further strengthening... Updated 29 Aug, 2023 08:40am
Pakistan Women’s University Swabi students: SBP announces internship opportunities PESHAWAR: Women University Swabi students gained valuable insights from the visit of a State Bank of Pakistan (SBP)... Published 28 Aug, 2023 06:27am
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
Print Falls under domain of Ministry of Commerce: SBP says it can’t impose ban on import of any item ISLAMABAD: State Bank of Pakistan (SBP) has stated that it cannot impose a ban on import of any item as it falls... Updated 28 Aug, 2023 08:44am
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
Business & Finance BoP’s balance sheet surpasses Rs2trn mark in 1H2023 LAHORE: The Board of Directors of The Bank of Punjab convened on Friday, to review and approve the un-audited... Published 26 Aug, 2023 06:13am
Pakistan SLIC holds orientation session for management trainees KARACHI: State Life Insurance Corporation of Pakistan (SLIC) hosted State Bank of Pakistan’s (SBP) 25th batch of... Published 25 Aug, 2023 06:34am
Pakistan 75th anniversary of diplomatic ties with US: SBP issues Rs75 commemorative coin KARACHI: The State Bank of Pakistan (SBP) issued a commemorative coin of 75 rupees during a ceremony held in... Published 25 Aug, 2023 06:34am
Opinion Need for greater discretionary economic policy The International Monetary Fund (IMF) has pushed for pro-cyclical, austerity-based policies in its Stand-By... Updated 25 Aug, 2023 07:08am
Business & Finance Forex reserves fall $131m KARACHI: The country’s total liquid foreign exchange reserves fell by $131 million during the last week due to... Published 25 Aug, 2023 06:34am
Markets SBP-held foreign exchange reserves fall below $8bn Debt repayments and lack of fresh inflows put pressure on dollar stockpile Published 24 Aug, 2023 06:49pm
Print Govt borrows over Rs2trn Karachi: The federal government on Wednesday borrowed over Rs 2 trillion through sale of short-term security papers.... Updated 24 Aug, 2023 09:50am
Markets Cumulative inflow under RDA hits $6.49bn: SBP Total amount repatriated stands at $1.47bn, while net liability is now at $1.13bn Updated 23 Aug, 2023 07:51pm
BR Research Crisis of confidence The currency touched its lowest value yesterday. PKR/USD closed at 299 and is all set to cross the psychological... Updated 23 Aug, 2023 10:30am
Business & Finance Taxpayers’ facilitation: Banks told to implement ‘DIRBS’ in AJK and GB KARACHI: The State Bank of Pakistan (SBP) has asked banks for implementation of Device Identification Registration... Published 23 Aug, 2023 05:50am
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
Business & Finance Duty drawback schemes: Sept 30 final date for resubmission of claims KARACHI: Following the directives of the Ministry of Commerce, final date for resubmission of claims under duty... Published 22 Aug, 2023 06:42am
Print Courts can’t examine, implement economic, fiscal policies: SC ISLAMABAD: The Supreme Court said the government and not the courts can examine and implement economic and fiscal... Updated 22 Aug, 2023 09:57am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?