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
Markets Pakistan’s headline inflation reading clocks in at 29.7% in December Reading is marginally higher than official estimates that put CPI reading in range of 27.5-28.5% Updated 01 Jan, 2024 07:51pm
Opinion Economic growth the major victim The State Bank of Pakistan governor’s “Annual Report for 2022-23” has pointed out, among other the things, the... Published 31 Dec, 2023 03:04am
Pakistan Bank holiday KARACHI: The State Bank of Pakistan (SBP) will remain closed for public dealing on Monday, January 01, 2024, which... Published 30 Dec, 2023 06:28am
Opinion Challenges facing the textile sector Amidst the global economic slowdown triggered by the war in Ukraine and the increase in energy expenses, Pakistan’s... Updated 30 Dec, 2023 06:48am
Print SBP terms FY23 ‘extraordinarily challenging’ KARACHI: The fiscal year 2023 was extraordinarily challenging, with a host of external and domestic shocks,... Updated 30 Dec, 2023 08:16pm
Print SBP launches ‘SUNWAI’ portal to address complaints KARACHI: The State Bank of Pakistan (SBP) has launched “SUNWAI”- a facilitative portal for consumer to address their... Updated 30 Dec, 2023 09:22am
Business & Finance Collection of govt receipts, taxes: Bank branches to remain open today, tomorrow KARACHI: The State Bank of Pakistan (SBP) has announced opening of concerned branches of all banks for collection of... Published 30 Dec, 2023 06:28am
Pakistan Pakistan’s inflation projected to ease to 20-22% for FY24: SBP report In Governor’s Annual Report 2022-23, SBP chief says central bank will keep inflation expectations anchored to achieve its medium term target of 5-7% Updated 29 Dec, 2023 08:19pm
Business & Finance New industrial units: SBP should introduce low-cost financing scheme: FBATI KARACHI: Syed Raza Hussain, President of the Federal B Area Association of Trade and Industries (FBATI), has urged... Published 29 Dec, 2023 02:58am
Editorials Exim Bank of Pakistan EDITORIAL: The Export-Import (Exim) Bank of Pakistan will finally be operational. It was one of the conditions of ... Published 29 Dec, 2023 02:58am
Markets Inter-bank: rupee records 12th successive gain against US dollar Currency appreciates 0.1%, settles at 281.93 against greenback Updated 28 Dec, 2023 10:10pm
Opinion No justification for such fiscal profligacy This is apropos a Business Recorder news item “Budgetary support during Jul 1-Dec 16, 2023 period: Govt borrowing... Published 28 Dec, 2023 04:52am
Print Exporters likely to get DLTL worth Rs37.306bn Caretaker Federal Minister for Commerce and Industries Dr Gohar Ejaz chairs a review meeting Updated 28 Dec, 2023 10:13am
Editorials Soaring govt borrowing: grim fiscal reality EDITORIAL: State Bank of Pakistan (SBP) reported a statistic that should send alarm bells ringing throughout the... Published 28 Dec, 2023 04:52am
Print Six major currencies: ECs implement new exchange rate mechanism KARACHI: Following the directives of the State Bank of Pakistan (SBP), Exchange Companies Association of Pakistan... Updated 28 Dec, 2023 09:40am
Print Foreign investors: Jul-Nov profit repatriation soars 312pc to $532m YoY KARACHI: Repatriation of profit and dividends by foreign investors posted a notable 312 percent growth during the... Updated 28 Dec, 2023 08:53am
Print Input goods’ import: SBP unveils procedure for availing EFS ITM facility KARACHI: The State Bank of Pakistan (SBP) has announced the procedure for availing International Toll Manufacturing... Updated 28 Dec, 2023 09:41am
Business & Finance SBP declares BoK as ‘e-Stamping agent’ in KP PESHAWAR: Bank of Khyber (BoK) and the State Bank of Pakistan (SBP) signed an Agency Agreement in Peshawar to... Published 28 Dec, 2023 04:52am
Print Budgetary support during Jul 1-Dec 16, 2023 period: Govt borrowing jumps 200pc to Rs2.876trn YoY Entire amount was borrowed from the SBP and scheduled banks to finance the fiscal deficit Updated 27 Dec, 2023 09:54am
Markets Open-market: rupee registers minor gain against US dollar The Pakistani rupee registered slight improvement against the US dollar in the open market on Tuesday, while the... Updated 26 Dec, 2023 10:13pm
Opinion Fall in industrial production The statistics on the Quantum Index of Manufacturing (QIM) has been released by the Pakistan Bureau of Statistics... Published 26 Dec, 2023 04:30am
Business & Finance Remittance inflows critical to supporting current account balance: PIAF LAHORE: The Pakistan Industrial and Traders Associations Front (PIAF) on Monday said that foreign remittances flows... Published 26 Dec, 2023 04:30am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?
In historic visit, Iran President Raisi says decision made to increase bilateral trade five-fold to $10bn