Countercyclical support facility loans: Project risks identified by ADB Documents reveal that Pakistan meets all the criteria required to access ADB’s countercyclical support facility Updated 25 Oct, 2022 10:01am
Business & Finance ITeS export remittances: There has been a lot of soul-searching about decline ISLAMABAD: The Ministry of Information Technology and Telecommunication has warned the government that on account of... Published 25 Oct, 2022 05:51am
Markets Open market sees massive shortage of USD KARACHI: Consumers were left running from pillar to post as the open market ran massively short of US dollars on... Updated 25 Oct, 2022 11:11am
Business & Finance Financial instability affecting foreign policy options: ex-secy KARACHI: Discussing the impacts of the country’s dwindling economy, former foreign secretary Ambassador (retd)... Published 23 Oct, 2022 03:21am
Business & Finance ABL’s 9-month PBT grows 50pc to 33bn YoY LAHORE: Allied Bank Limited is guided by its vision ‘to become a dynamic and efficient bank providing integrated... Published 22 Oct, 2022 06:34am
Business & Finance Q1 services trade deficit declines 26pc to $647m YoY KARACHI: The country services trade deficit plunged by 26 percent during the first quarter (July-Sep) of this fiscal... Published 22 Oct, 2022 06:30am
BR Research CAD leashed! The current account is coming in control. It stood at $316 million in September 22. In the Jul-Sep quarter, the... Published 21 Oct, 2022 08:48am
Business & Finance Fiscal year 2022-23: IT, ITeS export remittances decline in 1Q ISLAMABAD: The IT and IT-enabled Services (ITeS) export remittances comprising computer services and call centre... Published 21 Oct, 2022 07:06am
Business & Finance Ticket Wala via PayPro goes live with NIFT e-PAY to provide seamless digital payments experience KARACHI: Ticketwala.pk and NiFT e-PAY go live to provide digital payment gateway services through official payments... Updated 21 Oct, 2022 12:10pm
Markets No major weekly change: SBP-held foreign exchange reserves stand at $7.6bn Foreign exchange reserves held by the State Bank of Pakistan (SBP) recorded no major change on a weekly basis,... Published 20 Oct, 2022 09:34pm
Markets Rupee seen stable around 221, finishes with marginal loss Cumulatively, currency has lost Rs3.16 against the US dollar in the last seven trading sessions Updated 20 Oct, 2022 09:25pm
Business & Finance Q1 C/A deficit down by 37pc KARACHI: The country’s current account deficit declined by 37 percent during the first quarter of this fiscal year... Published 20 Oct, 2022 07:15am
Print Govt ‘actively’ mulling importing Russian oil: Dar ISLAMABAD: Finance Minister Ishaq Dar said Wednesday that Pakistan is actively considering the import of oil from... Updated 20 Oct, 2022 10:06am
Business & Finance Q1 FDI declines 47pc to $253.4m YoY KARACHI: Foreign Direct Investment (FDI) continued negative growth and plunged by 47 percent during the first... Updated 20 Oct, 2022 09:52am
Pakistan Govt to give Nabha Road land to SC Lahore registry ISLAMABAD: The Federal Cabinet has decided to allocate 23 Kanals of land at Nabha Road, Lahore for Registry of... Updated 20 Oct, 2022 09:44am
Pakistan Dar optimistic Pakistan's economic growth can surpass 3% in FY23 Central bank had projected growth to decline to 2% in FY23, amid devastation induced by flash floods Updated 19 Oct, 2022 05:27pm
BR Research Imports are falling Administrative measures and lower energy imports (due to a fall in demand) together have resulted in imports falling... Updated 19 Oct, 2022 10:06pm
Supplements All Pakistan Chartered Accountants Conference 2022: Message from Mr. Jameel Ahmad, Governor – SBP TEXT: I would like to congratulate the Institute of Chartered Accounts of Pakistan for holding this conference and... Published 19 Oct, 2022 05:54am
Supplements About ICAP TEXT: The Institute of Chartered Accountants of Pakistan (ICAP) was established on July 1, 1961 with the prime... Published 19 Oct, 2022 05:54am
Pakistan Govt should revisit auto policy, PAC told ISLAMABAD: The policy of import compression by the government to manage the balance of payments which was ... Updated 19 Oct, 2022 07:20am
Business & Finance Spare parts importers advised to set up cottage industry KARACHI: Karachi Chamber of Commerce & Industry (KCCI) president Mohammad Tariq Yousuf has advised the importers... Published 19 Oct, 2022 05:54am
Business & Finance Storage facilities for agri commodities: SBP urged to incentivise private banks to increase lending ISLAMABAD: The Competition Commission of Pakistan (CCP) has recommended to the State Bank of Pakistan (SBP) to... Published 18 Oct, 2022 06:02am
Print Ijarah Sukuk transaction structure unveiled KARACHI: The State Bank of Pakistan (SBP) Monday announced the transaction structure for the issuance of government... Updated 18 Oct, 2022 09:41am
Editorials Azour’s argument EDITORIAL: The International Monetary Fund (IMF) uploaded a transcript of the 13 October 2022 press briefing on the... Published 15 Oct, 2022 05:38am
Markets Rupee ends week with marginal decline, settles at 218.43 against US dollar Cumulatively, rupee has appreciated Rs21.17 or 9.7% against the US dollar in the past sixteen sessions Updated 14 Oct, 2022 06:18pm
Editorials Remittance inflows amid forex volatility EDITORIAL: Home or workers’ remittances are declining. In the first quarter of this year, there was a fall of 6... Published 14 Oct, 2022 03:39am
Print Forex reserves fall by $342m KARACHI: The country’s total liquid foreign exchange reserves further fell by $342 million due to external debt... Published 14 Oct, 2022 03:39am
Print Procedure for EIF pre-approval: FBR, SBP to help overcome challenges facing exporters ISLAMABAD: The Federal Tax Ombudsman (FTO) has asked the Federal Board of Revenue (FBR) and the State Bank of... Updated 14 Oct, 2022 09:44am
Markets Alarming level: SBP-held foreign exchange reserves decline $303mn to $7.6bn Central bank says decrease due to external debt repayments Updated 13 Oct, 2022 10:14pm
Markets Rupee records marginal depreciation, settles at 218.38 against US dollar Cumulatively, rupee has appreciated Rs21.32 or 9.8% against the US dollar in the past fifteen sessions Updated 13 Oct, 2022 05:49pm