Pakistan’s current account posts significant surplus of $397mn in December Overall deficit during July-December FY24 stands at $831mn compared to $3.63bn in same period of FY23 Updated 17 Jan, 2024 08:33pm
Editorials LSM growth EDITORIAL: The latest Large-Scale Manufacturing (LSM) growth figures released by the Pakistan Bureau of Statistics... Published 17 Jan, 2024 06:02am
Business & Finance Margin on PIBs declines KARACHI: Margin on long-term government investment bonds fell up to 50 basis points (bps) in the auction held on... Updated 17 Jan, 2024 08:38am
Business & Finance RDA attracts $1.6bn in CY23 KARACHI: Roshan Digital Accounts (RDA) attracted fresh inflows amounted to $1.6 billion during the last calendar... Published 16 Jan, 2024 05:44am
Business & Finance RIDB, Euronet Pakistan to launch first ‘Islamic Digital Bank’ KARACHI: Raqami Islamic Digital Bank (RIDB) and Euronet Pakistan Pvt Ltd have entered into an agreement to promote... Published 16 Jan, 2024 05:44am
Markets RDA: inflow up 17%, clocks in at $160mn in December Cumulative inflow has crossed $7.2 billion by December-end Updated 15 Jan, 2024 09:14pm
Editorials Remittance inflows EDITORIAL: Home remittances rose by 13.4 percent in December 2023 compared to the same month a year ago - to 2.4... Published 15 Jan, 2024 05:03am
Sports Jahandad takes 7 wickets in PTV’s win, ton-up Irfan Niazi guides SBP to victory State Bank of Pakistan (SBP) got over the line against Khan Research Laboratories (KRL) as Irfan Khan Niazi scored... Published 12 Jan, 2024 11:35pm
Markets Pakistan’s central bank reserves decrease $66mn, now stand at $8.15bn Foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased by $66 million on a weekly basis,... Updated 11 Jan, 2024 10:47pm
Business & Finance Dec workers’ remittances post 5.4pc growth MoM KARACHI: Inflows of workers’ remittances recorded 5.4 percent growth in December 2023 compared to November 2023, the... Updated 11 Jan, 2024 09:56am
Pakistan Pakistan’s remittances clock in at $2.4bn in December, up 5.4% from November Inflow 13.4% higher on yearly basis, Saudi Arabia remains biggest source of remittances in December Updated 10 Jan, 2024 10:36pm
Pakistan ‘NCCIA’ being established to check cyber crimes: Director FIA FAISALABAD: National Cyber Crime Investigation Agency (NCCIA) is being established to check the increasing cyber... Published 10 Jan, 2024 05:22am
Business & Finance Weighted average price mechanism: Local, imported urea put in one ‘basket’ ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved a mechanism for urea weighted... Updated 10 Jan, 2024 08:58am
Opinion Concerns of the World Bank An article titled “Economic Turnaround Moment?” has recently been published in the newspaper, Dawn. It has been... Published 09 Jan, 2024 04:18am
Editorials Domestic borrowing EDITORIAL: Domestic borrowing rose to 40.955 trillion rupees by end November 2023 as per data uploaded by the State... Published 09 Jan, 2024 04:18am
Print Solar PV panels: FBR accused of compelling importers to quote higher rates ISLAMABAD: Pakistan Alternative Energy Association (PAEA) has accused Federal Board of Revenue (FBR) of compelling... Updated 08 Jan, 2024 09:45am
Print Export sectors: SBP asked to review limits under EFS facilities Members emphasise that export oriented sector requires at least medium-term predictability on key indicators such as energy costs, exchange rates and borrowing costs Updated 06 Jan, 2024 09:51pm
Business & Finance Policy rate likely to remain unchanged KARACHI: The State Bank of Pakistan (SBP) is most likely to maintain the policy rate at 22 percent in the next... Updated 06 Jan, 2024 09:47pm
Pakistan Pakistan’s central govt debt at Rs63.4tr in November: SBP Short-term domestic debt shows significant decline on monthly basis Published 05 Jan, 2024 08:15pm
Markets Forex reserves hit 23-week high KARACHI: The State Bank of Pakistan (SBP) foreign exchange reserves recorded a notable increase of $ 1.3 billion... Published 05 Jan, 2024 03:12am
Markets SBP reserves increase $464mn to reach over 5-month high of $8.2bn State Bank of Pakistan attributes jump in dollar stockpile to receipt of official Government of Pakistan inflows Updated 04 Jan, 2024 09:17pm
Markets Open-market: rupee weakens against US dollar The Pakistani rupee edged lower against the US dollar in the open market on Thursday, while the local currency... Published 04 Jan, 2024 07:14pm
Editorials Trade deficit: welcome decline? EDITORIAL: Pakistan Bureau of Statistics (PBS) released balance of trade figures for July-December 2023, which... Published 04 Jan, 2024 05:41am
Print Jul-Nov FDI jumps 8.1pc to $656.1m YoY Net foreign direct investment during same period of previous fiscal year amounted to $606.9 million Updated 04 Jan, 2024 09:40am
Markets Open-market: rupee edges higher against US dollar The Pakistani rupee registered slight gain against the US dollar in the open market on Wednesday, while the local... Published 03 Jan, 2024 07:33pm
Opinion Outlook 2024 – II Increasing bank lending should to be the next move. The ratio of advances to deposits should increase from present... Updated 03 Jan, 2024 05:59am
Opinion AI - the bank of tomorrow It is 2030. Imagine walking down I.I. Chundrigar Road Karachi. Imagine what will you see? Imagine if banking becomes... Updated 03 Jan, 2024 05:58am
BR Research Playing snakes and ladders You know the biggest and only strategy that goes into playing the board game snakes and Ladders? Avoid the snakes.... Published 02 Jan, 2024 08:57am
Print SBA: IMF set for first review on 11th ISLAMABAD: The International Monetary Fund (IMF) Executive Board is scheduled to consider the first review under... Updated 02 Jan, 2024 10:44am
Editorials SBP report: the truth, but not the whole truth? EDITORIAL: The Governor State Bank of Pakistan (SBP) as Chairman of the Board of Directors, submitted the annual... Published 02 Jan, 2024 05:21am