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
Business & Finance SBP’s reserves up KARACHI: The State Bank of Pakistan’s forex reserves further increased by $ 393 million to $4.463 billion at the... Published 07 Jul, 2023 05:24am
Markets SBP-held foreign exchange reserves rise $393mn, stand at $4.46bn Increase comes on back of official government inflows Published 06 Jul, 2023 09:16pm
Opinion SBA won’t cut it Fine, it was the single biggest one-day jump in the stock market in 15 years. But is it really that unbelievable,... Updated 06 Jul, 2023 06:20am
Print Govt debt stocks hit all-time high of Rs59trn KARACHI: The federal government’s total debt stocks rose to an all-time high level of Rs 59 trillion at the end of... Updated 06 Jul, 2023 08:35am
Print SBP’s TERF during PTI govt’s tenure: PAC to examine list of 620 borrowers in camera ISLAMABAD: The Public Accounts Committee (PAC) in an in-camera meeting will examine the list of 620 individuals/... Updated 06 Jul, 2023 08:36am
Editorials There’s need for forging ahead on own steam EDITORIAL: Rating agency Moody’s has warned that Pakistan’s liquidity risks remain high in spite of the... Updated 06 Jul, 2023 06:14am
Pakistan IMF’s Executive Board meeting on Pakistan set for July 12 The Fund is set to discuss a nine-month stand-by arrangement for Pakistan as the previous Extended Fund Facility expired on June 30 Updated 06 Jul, 2023 09:55am
Pakistan Pakistan is market with highest potential: ADB lists factors stifling ‘SCF’ growth ISLAMABAD: Pakistan is the market with the highest potential in the region, however, several factors including legal... Published 05 Jul, 2023 06:00am
Opinion Trade winds: On falling exports The export figures for the eleven months of fiscal year 2022-23 are very disappointing. We had got used to export... Published 05 Jul, 2023 06:00am
Editorials Inflation down MoM EDITORIAL: Consumer Price Index (CPI) for June dropped by 8.6 percentage points compared to the month before – ... Published 05 Jul, 2023 06:00am
Business & Finance Challenges of inflation, external payments: SBP governor explains IMF SBA’s efficacy KARACHI: State Bank of Pakistan (SBP) Governor Jameel Ahmad Tuesday said the country is facing two key challenges of... Published 05 Jul, 2023 06:00am
Business & Finance SBP announces appointment of PDs, SPDs KARACHI: The State Bank of Pakistan (SBP) has announced to appoint Primary Dealers and Special Purpose Primary... Published 05 Jul, 2023 06:00am
Markets Pakistan looks at ‘medium-term’ inflation target of 5-7%: SBP chief Jameel Ahmad also announces MoU with Arab Monetary Fund to facilitate remittance inflow from GCC countries Updated 04 Jul, 2023 03:40pm
Editorials IMF: We have to pay the price we deserve to pay EDITORIAL: While specific details of precisely what are the prior conditions that the government has agreed to in ... Updated 04 Jul, 2023 05:45am
Print Govt’s LoI to IMF contains 9 major assurances Pakistan assures that no new tax amnesty would be granted during the next nine months Updated 04 Jul, 2023 09:52am
Business & Finance SMEs: SBP selects Haball to drive financial inclusion LAHORE: The State Bank of Pakistan (SBP) has recently selected Pakistan’s first B2B fintech company Haball through... Published 04 Jul, 2023 05:07am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?