Pakistan's current account deficit hits $2.28bn in June, up 59% month-on-month Cumulative deficit for FY22 stands at $17.4bn, 517% higher on a yearly basis Updated 27 Jul, 2022 09:16pm
Markets New historic low: Rupee plummets further, closes at 236.02 against US dollar Pressure on currency due to number of factors including concerns over balance-of-payments, political uncertainty Updated 27 Jul, 2022 09:21pm
Opinion Elusive corporate turnaround This article is not about sovereign states, political parties, celebrities and other boring stuff. It’s about... Published 27 Jul, 2022 05:23am
Opinion Forex market turmoil and possibility of default On 18th July 22, the country witnessed an unprecedented turmoil in the forex market. Dashing all expectations of... Published 27 Jul, 2022 05:23am
Print SOEs: PM irked by inordinate delay in sell-off process Meeting discusses transactions that are in pipeline for a long time Updated 27 Jul, 2022 11:13am
Business & Finance SBP’s curbs on LC: Indus Motor plans to shut production for over 2 weeks Firm will officially announce its decision through media after meeting on Tuesday Updated 26 Jul, 2022 11:44am
Print BoI takes firm step aimed at attracting investment Pakistan may grant fiscal and non-fiscal incentives for investment in promoted sectors and activities in Pakistan Updated 26 Jul, 2022 10:13am
Print MPMG scheme: conditional lending allowed Institutions asked to charge 250 basis points spread over and above Kibor Updated 26 Jul, 2022 09:57am
Print Appointment of new SBP governor: six names under consideration Miftah said full term governor will be appointed Updated 26 Jul, 2022 09:53am
Editorials ‘Unwarranted’ market perceptions EDITORIAL: Acting Governor State Bank of Pakistan, Murtaza Syed, while responding to a foreign news agency in ... Published 26 Jul, 2022 04:31am
Business & Finance LCs: LCCI demands SBP intervene to help resolve issues LAHORE: President of the Lahore Chamber of Commerce & Industry (LCCI), Mian Nauman Kabir has strongly demanded... Published 26 Jul, 2022 04:31am
Business & Finance PYMA urges SBP to help arrest PKR slide KARACHI: Saqib Naseem, Chairman Pakistan Yarn Merchants Association (PYMA) and Muhammad Junaid Teli, Vice Chairman,... Published 26 Jul, 2022 04:31am
Business & Finance UBG calls for permanent SBP governor KARACHI: President of United Business Group (UBG) Zubair Tufail has urged Prime Minister of Pakistan Mian Shehbaz... Published 26 Jul, 2022 04:30am
Markets SBP discouraging inter-bank trade as Pakistan battles dollar shortage: report The State Bank of Pakistan (SBP) is discouraging trading in the inter-bank market, asking commercial lenders to... Updated 25 Jul, 2022 07:28pm
Markets All-time low: Rupee closes near 230 against US dollar as pressure on currency remains Ongoing political and economic uncertainty take toll amid reports SBP is discouraging inter-bank trade Updated 25 Jul, 2022 07:25pm
Opinion Shehbaz-led narrative needs a revisit Pakistani public today faces a host of economic difficulties that can be laid at the doorstep of those who governed... Published 25 Jul, 2022 06:12am
Opinion Silver lining in sight? The political drama continues. Arguments and moral positions switch in matter of days for politicians and media... Published 25 Jul, 2022 06:12am
Print Country’s financing needs fully met for this year: SBP SBP acting governor says ‘unwarranted’ market concerns will dissipate in weeks ‘Pakistan responded to external pressures faster than Sri Lanka’ Terms IMF programme an ‘important anchor’ for Pakistan Updated 24 Jul, 2022 09:03am
Opinion Banks need to modernize core banking system Pakistan’s banking industry has thrived tremendously over the last few years with consistent growth witnessed in... Published 24 Jul, 2022 05:04am
Business & Finance Pakistan's financing needs fully met for this year, says SBP chief Dr Murtaza Syed reiterates that 'unwarranted' market concerns about country's financial position will dissipate in weeks Updated 23 Jul, 2022 09:01pm
Opinion A reality check on country’s fiscal status The whole of the past week witnessed massive hammering of rupee (PKR) vis-à-vis the US dollar in the currency... Published 23 Jul, 2022 04:10am
Print SBP BoD: 8 non-executive directors appointed Appointment made for a period of five years Updated 23 Jul, 2022 12:40pm
Print 10 directors appointed on SBP BoD after Cabinet approval Appointment approved on a summary moved by Finance Division Updated 23 Jul, 2022 09:48am
Print MPMG housing finance scheme: Govt in process of reshaping: Miftah Says govt will continue with MPMG housing loan scheme for candidates whose applications have been approved Updated 23 Jul, 2022 09:37am
Pakistan SBP says concerns about Pakistan 'unfairly overblown' Acting Governor Dr Murtaza Syed says country being unfairly branded with other countries that are much more vulnerable Updated 22 Jul, 2022 05:20pm
Business & Finance HBL inaugurates Prestige Lounge in Quetta QUETTA: HBL inaugurated its new Prestige Lounge located in Quetta. This is the 1st HBL Prestige Lounge in the city,... Published 22 Jul, 2022 07:21am
Business & Finance Import of CKD kits: Auto sector seeks SBP intervention for opening LCs ISLAMABAD: Auto manufacturers have sought intervention of the State Bank of Pakistan (SBP) for opening Letters of... Updated 22 Jul, 2022 12:32pm
Business & Finance Inflation revised up: ADB sees ‘slight’ recovery in GDP growth Bank notes inflation in Pakistan is highest after Sri Lanka in region. Updated 22 Jul, 2022 12:37pm
Business & Finance FY22 FDI surges 2.6pc to $1.868bn Chinese investment in Pakistan dropped by 29 percent in last fiscal year because of slow down in CPEC Updated 22 Jul, 2022 12:35pm
Business & Finance Forex reserves dip by $369m KARACHI: The country’s total liquid foreign reserves dropped by $369 million during the last week due to external... Published 22 Jul, 2022 07:07am