Govt debt stocks soar to record Rs57trn by Mar-end: SBP KARACHI: The federal government’s total debt (domestic and external) surged to Rs 57 trillion by the end of March... Updated 16 May, 2023 11:04am
Business & Finance SBP, MoFA conduct training for ASEAN member states KARACHI: The State Bank of Pakistan (SBP) and Ministry of Foreign Affairs jointly conducted training program for... Published 16 May, 2023 03:23am
Business & Finance Prize bond encashment deadline extended KARACHI: The federal government has announced to extend the last date for encashment of withdrawn prize bonds.... Published 16 May, 2023 03:23am
Opinion Dwindling forex reserves and bravado Consumer Price Index rose to 36.4 percent in April - a rise of one percent from March 2023, 23.7 percent from March... Updated 15 May, 2023 08:15am
Opinion The cost of internet shutdown During the political drama of last week, one of the many adversities faced by the general public was the banning of... Published 15 May, 2023 06:41am
Print ECC approves Rs 4bn TSG for ASPIRE program ISLAMABAD: The Economic Coordination Committee (ECC) has approved Rs4 billion technical supplementary grant (TSG)... Updated 14 May, 2023 10:09am
Opinion Govt on course to wind things up A politician looks up to the next election while a statesman’s vision extends beyond the welfare of the next two... Updated 13 May, 2023 06:25am
Business & Finance SBP invites applications for selection of PDs KARACHI: The State Bank of Pakistan (SBP) has invited applications for selection of Primary Dealers/Preliminary... Published 13 May, 2023 05:59am
Business & Finance 35pc retention of remittances in FCY accounts: SBP to coordinate to help resolve banking matters ISLAMABAD: The State Bank of Pakistan (SBP) will coordinate to engage commercial bank representatives with the... Published 13 May, 2023 05:59am
Business & Finance Forex reserves fall $53m KARACHI: The country’s total liquid foreign exchange reserves slightly fell by $ 53 million during last week.... Published 12 May, 2023 05:59am
Business & Finance July-April remittances decline 13pc to $22.74bn YoY KARACHI: Workers’ remittances fell by 13 percent during the first ten months of this fiscal year (FY23) as ... Published 11 May, 2023 05:54am
Pakistan Remittances decline 13% month-on-month in April, stand at $2.2bn Cumulative figure for July to April 2022-23 stands at $22.742bn, 13% lower year-on-year Updated 10 May, 2023 07:14pm
BR Research 9MFY23 fiscal accounts update The fiscal deficit is ballooning out of control. Overall deficit is reported at Rs3.1 trillion (3.7 percent of GDP)... Published 10 May, 2023 08:55am
Business & Finance FPCCI chief urges SBP to remove lien marking immediately KARACHI: Irfan Iqbal Sheikh, President FPCCI, has urged the State Bank of Pakistan to immediately discontinue the 3... Published 09 May, 2023 05:37am
Print ECC approves Rs13.2bn TSG for PMRCL ISLAMABAD: A meeting of the Economic Coordination Committee (ECC) of the cabinet has approved a technical... Updated 09 May, 2023 09:12am
Business & Finance National Saving Schemes: CDNS raises rates on its products Changes take effect from May 9 onward Updated 08 May, 2023 07:08pm
Editorials Banks, not savers, get paydays from deposits? EDITORIAL: In a rising interest rate environment, some commercial banks have been trying to forcefully convert the... Published 08 May, 2023 06:40am
Opinion Interest rates: no more room for tightening Interest rates in Pakistan are almost at historic highs and still the country is running negative real rates on both... Published 08 May, 2023 06:40am
Opinion Critical economic challenges Pakistan’s recent economic crisis, brewing since last few years, intensified in the last quarter of fiscal year... Published 05 May, 2023 06:44am
Editorials Interest rate and profitability EDITORIAL: Profitability of Pakistani banks rose to a record high of 126 billion rupees – up by 56 percent year on... Published 05 May, 2023 06:44am
Business & Finance Forex reserves up $19m KARACHI: The country’s total liquid foreign exchange reserves rose by $19 million during last week. According to... Published 05 May, 2023 06:44am
Markets SBP-held forex reserves fall $6mn, now stand at $4.46bn Central bank cites no reason behind the decrease Published 04 May, 2023 08:04pm
BR Research Profiling beneficiaries of refinance programmes SBP’s refinance loan portfolio – otherwise known as concessionary lending program – has taken a life of its own over... Published 04 May, 2023 08:59am
Pakistan Tackling climate change: SBP governor for fortifying co-op in Saarc region KARACHI: State Bank of Pakistan (SBP) Governor Jameel Ahmed has emphasized on the importance of discussing the... Published 04 May, 2023 04:26am
Business & Finance Rules violation: SBP cancel EC’s licence KARACHI: The State Bank or Pakistan (SBP) has announced cancellation of the licence issued to M/s Mega Currency... Published 04 May, 2023 04:26am
Business & Finance Int’l Conference on Managing Pakistan’s Economy: SBP recommends comprehensive reform programme LAHORE: Economists and researchers discussed their findings and gave suggestions with regard to Pakistan’s banking... Published 04 May, 2023 04:26am
Business & Finance SAARC region hit with inflation, slow growth, poverty: SBP governor Jameel Ahmad says SAARCFINANCE provides opportunity to learn from each other’s experiences on relevant macroeconomic policies Published 03 May, 2023 04:08pm
Markets Pakistan’s textile exports plunge 29% year-on-year in April Amount to $1.24bn during last month, according to provisional data released by APTMA Updated 03 May, 2023 03:43pm
Business & Finance AKFED intends to acquire more HBL shares KARACHI: Habib Bank Limited (HBL) has announced that its Sponsor Aga Khan Fund for Economic Development (AKFED)... Published 03 May, 2023 06:44am
Print UBL proposal: BoD asks Silkbank to pursue potential merger KARACHI: The Board of Directors of Silkbank Limited has reviewed and considered the UBL proposal and granted its... Updated 03 May, 2023 08:47am