KP traders laud adoption of SBP (Amendment) Bill 2021 PESHAWAR: The business community of Khyber Pakhtunkhwa has widely welcomed the passage of the State Bank of Pakistan... Published 19 Jan, 2023 07:29am
Pakistan Body set up to formulate strategy for improvement in crop yields LAHORE: The federal government has constituted a six-member committee to evolve a comprehensive practical strategy... Published 19 Jan, 2023 05:58am
Business & Finance Ministries, provinces: MoC conveys sugar export mechanism ISLAMABAD: The Ministry of Commerce (MoC) has conveyed sugar export mechanism to the concerned ministries and... Published 19 Jan, 2023 05:58am
Business & Finance Wathra appointed chairman of NBP’s BoD ISLAMABAD: The federal government has appointed former governor State Bank of Pakistan (SBP) Ashraf Mahmood Wathra ... Published 19 Jan, 2023 05:58am
Print FDI plunges 59pc during HIFY23 KARACHI: The Foreign Direct Investment (FDI) into the country remained on a downward trend and fell by 59 percent... Updated 19 Jan, 2023 08:41am
Print C/A deficit dips 60pc in H1FY23 on lower imports KARACHI: The country’s current account deficit declined sharply 60 percent during the first half of this fiscal year... Updated 19 Jan, 2023 08:42am
Print Countries lacking banking channels: ECC approves B2B barter trade mechanism ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved business-to-business (B2B) barter... Updated 19 Jan, 2023 08:43am
Print Food inflation highest in South Asia after Sri Lanka: World Bank ISLAMABAD: The consumer price inflation for food items in Pakistan was 35.5 per cent in December on year-on-year... Updated 19 Jan, 2023 08:41am
Print World Bank delays approval of $1.1bn loans for Pakistan ISLAMABAD: The World Bank has delayed the approval of two loans for Pakistan worth $1.1 billion until the next... Updated 19 Jan, 2023 12:24pm
Print Dollar manipulation: SBP concludes probe KARACHI: The State Bank of Pakistan (SBP) has completed the investigation against private banks allegedly involved... Updated 19 Jan, 2023 11:19am
Business & Finance UAE has rolled over $2bn loan: SBP governor KARACHI: Governor State Bank of Pakistan (SBP) Jameel Ahmad on Wednesday said that the UAE has rolled over $2... Updated 19 Jan, 2023 07:41am
Print Forex: industry makes prudent move ISLAMABAD: The country’s struggling industry has sought government’s nod to use foreign exchange (dollars)... Updated 19 Jan, 2023 08:40am
Business & Finance Drug manufacturers seek urgent steps for raw material import KARACHI: The Pakistan Pharmaceutical Manufacturers’ Association (PPMA) has earnestly appealed to the government to... Published 19 Jan, 2023 05:58am
Markets Current account deficit recorded at $0.4 billion in Dec 2022: SBP Deficit for 6MFY23 stands at $3.67 billion, compared with $9.09 billion in the same period of the previous year Published 18 Jan, 2023 09:23pm
Business & Finance Karachi’s business community comes down hard on SBP governor Demands resolution of LC crisis in meeting with central bank chief at KCCI Updated 18 Jan, 2023 07:57pm
Business & Finance SBP governor hopeful of foreign exchange inflows in coming days During address at FPCCI, Jameel Ahmad expresses commitment to resolving issues of business community Updated 18 Jan, 2023 06:54pm
Markets 21st successive fall: rupee depreciates against US dollar Currency loses Re0.25 to close at 228.91 in the inter-bank market Updated 18 Jan, 2023 06:59pm
Business & Finance ECC approves import of ‘old’ tractors ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet approved import of up to five-year old tractors... Updated 18 Jan, 2023 10:21am
Business & Finance PPMA fears medicine shortage if curbs on LCs not removed soon ISLAMABAD: The Pakistan Pharmaceutical Manufacturers Association (PPMA) has urged the government and the State Bank... Published 18 Jan, 2023 06:22am
Editorials IMF is first option; it’s our last option as well EDITORIAL: Pakistan’s economy is in a tailspin notwithstanding repeated claims to the contrary by Finance Minister... Published 18 Jan, 2023 06:22am
Business & Finance HABIBMETRO holds Islamic banking summit in Karachi KARACHI: Sima Kamil, the deputy governor of State Bank of Pakistan (SBP), has said that finance is a fundamental... Published 18 Jan, 2023 06:22am
Business & Finance Soap manufacturers express concern over curbs on LCs KARACHI: Pakistan Soap Manufacturers Association (PSMA) has expressed concern over the ongoing financial crisis, as... Published 18 Jan, 2023 06:22am
Perspectives Summing up one of Pakistan's worst economic crisis Pakistan’s economy is currently passing through one of its worst phases in history, as the cash-strapped country... Updated 18 Jan, 2023 10:47am
Pakistan Steel shortage in offing: Pakistan's construction sector under threat Brokerage house says as per its checks local players will run out of steel raw material and become forcefully non-operational if no LCs are opened within the next 30 days Published 17 Jan, 2023 04:29pm
BR Research Looming fuel shortages With SBP reserves at approximately $4 billion, time is not far when there would be widespread shortages of... Published 17 Jan, 2023 09:09am
Business & Finance SBP issues NOC for incorporation of KT Bank KARACHI: The State Bank of Pakistan (SBP) has issued a no-objection certificate (NOC) for incorporation of the... Published 17 Jan, 2023 07:10am
Business & Finance Containers stuck at ports despite SBP order: KATI KARACHI: President of the Korangi Association of Trade and Industry (KATI) Faraz-ur-Rehman has expressed concerns... Published 17 Jan, 2023 06:02am
Print SBP issues framework on outsourcing to CSPs KARACHI: The State Bank of Pakistan (SBP) on Monday issued “Framework on Outsourcing to Cloud Service Providers... Updated 17 Jan, 2023 09:10am
Print Remittances, export proceeds: ECAP seeks special exchange rate KARACHI: In order to enhance the foreign inflows, the Exchange Companies Association of Pakistan (ECAP) has... Updated 17 Jan, 2023 11:22am
Business & Finance Food supply at risk as banks reluctant to open LCs: FPCCI LAHORE: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Regional Chairman Muhamamd Nadeem Qureshi... Published 17 Jan, 2023 06:02am
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?