Digitt+ granted pilot launch approval in Pakistan Digitt+, Pakistan’s first agriculture focused fintech, announced on Tuesday that the State Bank of Pakistan (SBP)... Published 20 Dec, 2022 05:58pm
Markets Rupee under duress, settles at 225.12 against US dollar Currency registers depreciation of 0.08% in inter-bank market Updated 20 Dec, 2022 06:57pm
Business & Finance Consignments, LCs: Useful meeting with SBP governor held: minister KARACHI: Federal Minister of Commerce, Syed Naveed Qamar Monday held a meeting with State Bank Governor Jameel Ahmad... Published 20 Dec, 2022 07:13am
Supplements 19th Annual Excellence Awards 2022: JAMEEL AHMAD Governor State Bank of Pakistan TEXT: I would like to acknowledge the efforts of the CFA Society Pakistan for successfully convening the 19th Annual... Published 20 Dec, 2022 05:58am
Print External sources: Jul-Nov govt borrowing rises to $5.114bn from $4.699bn YoY ISLAMABAD: The government has borrowed $5.114 billion from multiple financing sources, including $1.166 billion from... Updated 20 Dec, 2022 09:38am
Print IMC says suspending production till 30th KARACHI: The Indus Motor Company Limited (IMC) has announced to completely shut down its production plant from... Published 20 Dec, 2022 05:58am
Pakistan Pakistan can borrow through ICIEC to reduce financing cost, says CEO KARACHI: As a member country, Pakistan can borrow through the Islamic Corporation for the Insurance of Investment... Updated 20 Dec, 2022 11:16am
Business & Finance ‘Unable to continue production’: Indus Motor latest to announce temporary plant shutdown Company shares development in PSX notice Updated 19 Dec, 2022 08:47pm
Print What’s actually behind PKR’s woes? KARACHI: The rupee may have depreciated only 0.24% in the inter-bank market, according to State Bank of Pakistan... Updated 19 Dec, 2022 10:43am
Opinion PKR in Daristan The rupee-dollar parity during two tenures of Ishaq Dar as finance minister (2013-17 and 27 September 2022 to date)... Published 19 Dec, 2022 06:00am
Editorials The revenue shortfall EDITORIAL: Tax revenue shortfall is projected at 800 billion rupees as per former Finance Minister Dr Hafeez A. ... Published 19 Dec, 2022 06:00am
Pakistan ‘Politically-exposed’ persons facilitate smuggling: As yet no mechanism in place to effectively curb forex outflows LAHORE: Changes in law and tax provisions have failed to provide mechanism to control unauthorized foreign currency... Updated 17 Dec, 2022 01:07pm
Business & Finance 41st Council meeting of IFSB concludes in Islamabad ISLAMABAD: The State Bank of Pakistan (SBP) hosted the 41st Council meeting of the Islamic Financial Services Board... Published 17 Dec, 2022 05:58am
Business & Finance ITeS export remittances surge 3pc in 5 months ISLAMABAD: The IT and IT-enabled Services (ITeS) export remittances comprising computer services and call centre... Published 17 Dec, 2022 05:58am
Business & Finance Jul-Nov CAD shrinks 57pc YoY KARACHI: The country’s current account deficit shrank 57 percent during the first five months of this fiscal year... Updated 17 Dec, 2022 09:54am
Print Jul-Nov FDI declines 51pc to $430m YoY KARACHI: Foreign Direct Investment (FDI) recorded negative growth and declined by 51 percent during the first five... Updated 17 Dec, 2022 10:02am
Business & Finance KCCI concerned at woeful state of economy KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Mohammed Tariq Yousuf, while expressing deep... Published 17 Dec, 2022 05:58am
Markets As Pakistan reels from dollar shortage, customers lured towards 'grey' market premiums Inter-bank and open-market rates have only become wider in recent days Published 16 Dec, 2022 07:06pm
Markets Rupee remains under pressure against US dollar Currency settles with depreciation of 0.1% in the inter-bank market on Friday Updated 16 Dec, 2022 06:11pm
BR Research Building inflation expectations Inflation expectations are becoming entrenched in Pakistan. There is a case of seven straight months of twenty... Published 16 Dec, 2022 09:04am
Business & Finance Forex reserves stand at $6.7bn KARACHI: The State Bank of Pakistan’s (SBP) foreign exchange reserves did not record any major change during the... Published 16 Dec, 2022 07:31am
Business & Finance D-SIBs: SBP announces designation for 2022 KARACHI: The State Bank of Pakistan (SBP) has announced the designation of D-SIBs for the year 2022 under the... Published 16 Dec, 2022 07:28am
Business & Finance PBF exhorts SBP to stop rupee devaluation KARACHI: The consistent depreciation of the rupee is deepening the economic crisis in the country, said the Pakistan... Published 16 Dec, 2022 05:58am
Opinion Cross-border illegal currency movement Good governance plays an important role in setting the direction of any country. It ensures transparency and ... Published 16 Dec, 2022 05:58am
Opinion IMF policy needs a serious rethink The first major jolt to the International Monetary Fund’s (IMF’s) thinking regarding pursuing austerity policy... Published 16 Dec, 2022 05:58am
Business & Finance PTA seeks clearance of chemicals at port KARACHI: Central Chairman of Pakistan Tanners Association (PTA) Mohammad Mehr Ali has said that chemicals used by ... Published 16 Dec, 2022 05:58am
Print Agri credit target raised to Rs1.8trn: Rs511bn Kissan Package notified ISLAMABAD: The Ministry of National Food Security and Research (MNFS&R) has notified Rs 511 billion Kissan... Updated 16 Dec, 2022 09:36am
Markets SBP-held foreign exchange reserves fall another $15mn, now stand at $6.7bn Reserves at their lowest level since January 2019 Published 15 Dec, 2022 07:42pm
Markets Rupee remains stable against US dollar Currency remains unchanged, closes at 224.71 Updated 15 Dec, 2022 07:50pm
Print Consignments stuck at ports: MoC to hold talks with SBP ISLAMABAD: Commerce Ministry has decided to hold a detailed meeting with State Bank of Pakistan (SBP) to sort issues... Updated 15 Dec, 2022 09:57am