Import payments and dollar reserves EDITORIAL: The secretary, Ministry of Industries and Production, while testifying before the relevant Senate ... Updated 13 Jul, 2023 05:11am
Print 22pc interest rate inimical to business activities: PM ISLAMABAD: Prime Minister Shehbaz Sharif Wednesday acknowledged that with a 22 percent rate of interest, no business... Updated 13 Jul, 2023 10:33am
Pakistan UAE has deposited $1bn in Pakistan’s central bank: Ishaq Dar Finance minister says SBP-held foreign exchange reserves have gotten another boost after $2bn inflow from Saudi Arabia Updated 12 Jul, 2023 07:57pm
Markets Rupee inches higher, settles at 277.48 against US dollar Currency appreciates 0.39% in inter-bank market Updated 12 Jul, 2023 08:01pm
BR Research SBP: hiding behind phantoms Policy discourse must always make room for objective assessment of goals set, and results achieved.The primary... Updated 12 Jul, 2023 12:20pm
Print Saudi deposits land just prior to key event Pakistan receives deposits of $2 billion from Saudi Arabia Updated 12 Jul, 2023 08:54am
Print Inward flows of dollars to create breathing space: ministry ISLAMABAD: The Ministry of Industries and Production (MoI&P) Tuesday said it is still clueless about lifting of... Updated 12 Jul, 2023 08:51am
Print Over 628 businessmen were beneficiaries in PTI govt: PAC disposes of issue of $3bn loans ISLAMABAD: The Public Accounts Committee (PAC) on Tuesday disposed of the issue of $3 billion worth of loans to over... Updated 12 Jul, 2023 08:48am
Opinion The ebb of external inflows The Ministry of Economic Affairs has released the statement of May 2023 on Disbursement of Foreign Economic... Updated 11 Jul, 2023 06:37am
Business & Finance Finalisation of GDs’ assessment without valid EIF stopped ISLAMABAD: The Federal Board of Revenue (FBR) has restrained the Customs field formations from the finalisation of... Published 11 Jul, 2023 06:08am
Print Sufficient inflows of USD mandatory: Relaxation on retiring of LCs not ‘unrestrained’: official Information shared by Ministry of Industries and Production (MoI&P) informally with National Assembly Standing Committee on Industries and Production Updated 11 Jul, 2023 09:06am
Print Rs69.5bn money laundering unearthed in solar panel imports KARACHI: The Directorate of Post Clearance Audit (PCA) South has uncovered massive money laundering in the solar... Updated 11 Jul, 2023 09:51am
Markets Pakistan’s remittances stand at $2.2bn in June, 3.9% higher month-on-month Cumulatively, at $27bn, remittances decrease 13.6% during FY23 as compared to FY22 Updated 10 Jul, 2023 06:41pm
Opinion Call a spade a spade The refrain from the Prime Minister’s office prior to 23 June 2023 that all International Monetary Fund (IMF)... Updated 10 Jul, 2023 07:31am
Opinion TERF: We’re always on home turf when it comes to criticism! TERF (temporary economic refinance facility) was a hot topic last week. The scheme was offered at the time of Covid... Updated 10 Jul, 2023 07:32am
Opinion ‘Special Investment Facilitation Council’ – the way forward—I There is a dire need for a big rethink for the State of Pakistan to attract sustainable foreign direct investment... Published 10 Jul, 2023 06:52am
Business & Finance BoE initiative of SBP: BoP says it’s ‘number one bank with highest score and green rating’ LAHORE: BOP is delighted to announce its remarkable achievement as the number one bank with the highest score and... Published 10 Jul, 2023 06:52am
Print Foreign suppliers’ accounts through customs bonded storage facilities: Guidelines for crude oil import issued ISLAMABAD: The Directorate General of Oil (Petroleum Division) has issued guidelines for import of crude oil on... Updated 10 Jul, 2023 08:58am
Business & Finance SBP’s TERF: PTC says putting some ‘facts’ on record KARACHI: In view of the recent news about the SBP’s now discontinued Temporary Economic Refinance Facility (TERF),... Published 09 Jul, 2023 02:55am
Technology Experts call for addressing challenges to spur IT growth in Pakistan Experts at State Bank of Pakistan (SBP) have said the authorities in order to catalyze economic growth through... Published 08 Jul, 2023 08:40pm
Business & Finance Textile council decries discontinuation of SBP’s TERF facility KARACHI: In view of the recent news about the SBP’s now discontinued Temporary Economic Refinance Facility, TERF,... Published 08 Jul, 2023 06:20am
Print Productivity, export and debt: SBP asks govt to exercise greater prudence Assessment of macroeconomic dynamics reveals a number of challenges for the banking sector and the repayment capacity of borrowers may come under stress Updated 08 Jul, 2023 05:14pm
Business & Finance Financial sector continues to exhibit operational, financial resilience in CY22 KARACHI: Despite multiple challenges, the financial sector of Pakistan continued to exhibit operational and ... Published 08 Jul, 2023 06:20am
Editorials Caution from Basle EDITORIAL: The Bank for International Settlements (BIS), the global umbrella body for central banks, sure poured ... Updated 08 Jul, 2023 06:58am
Print Q1FY24: Cash-strapped govt to borrow record Rs11trn KARACHI: In the absence of sufficient foreign inflows, the federal government has planned to borrow over Rs 11... Updated 07 Jul, 2023 09:07am
Business & Finance Lockers: some banks reluctant to honour claims related to vandalism? LAHORE: Despite clear instructions from the State Bank of Pakistan (SBP), some banks are reluctant to honour the... Published 07 Jul, 2023 05:24am
Business & Finance Fraudulent clearances of imported goods: FBR urged to include representatives of SBP, Directorate of Customs Intelligence in body ISLAMABAD: The Directorate of Customs Reform and Automation has requested the Federal Board of Revenue (FBR) to... Published 07 Jul, 2023 05:24am
Business & Finance Recurrent budget: Finance unveils strategy for release of funds ISLAMABAD: The Ministry of Finance on Thursday unveiled the strategy for the release of funds for the recurrent... Published 07 Jul, 2023 05:24am
Business & Finance Some banks reluctant to honour claims related to vandalism of lockers LAHORE: Despite clear instructions from the State Bank of Pakistan (SBP), some banks are reluctant to honour the... Published 07 Jul, 2023 05:24am
Editorials The battle for TERF EDITORIAL: Temporary Economic Refinance Facility (TERF) was a concessionary finance scheme that was offered to... Updated 07 Jul, 2023 11:01am