Family-owned businesses need corporatisation: Ishrat FAISALABAD: Family-owned businesses must adopt corporatisation for sustained growth in addition to accelerating the... Published 20 May, 2022 05:15am
Print April CA deficit dips 39pc to $623m MoM KARACHI: The country’s current account deficit sharply declined by 39 percent during the month of April 2022,... Updated 20 May, 2022 11:44am
Business & Finance Telecom sector needs to upgrade infrastructure, says minister ISLAMABAD: Federal Minister for Information Technology and Telecommunications Syed Aminul Haque has said that the... Published 20 May, 2022 05:15am
Markets SBP-held foreign exchange reserves plummet by $145mn to $10.16bn Total liquid foreign reserves stood at $16.16 billion as of May 13 Published 19 May, 2022 10:00pm
Markets All-time low: Rupee closes at 200 in inter-bank trading for first time against US dollar Investors concerned about government's inability to implement IMF conditions related to revival of stalled $6 billion EFF programme Updated 19 May, 2022 08:02pm
Opinion Won’t be long before default is on the table SBP (State Bank of Pakistan) has no choice but to raise the interest rate, most likely by another 100 basis points,... Published 19 May, 2022 05:29am
Print Govt seeks more SDRs from IMF to propel economy Minister for Finance Miftah Ismail holds virtual meeting with IMF Mission Chief Nathan Porter Updated 19 May, 2022 10:32am
Business & Finance Illegal offshore FX websites: SBP stops banks from making payments KARACHI: The State Bank of Pakistan (SBP) Wednesday prohibited the banks for payment to illegal offshore foreign... Published 19 May, 2022 05:29am
Editorials The way forward EDITORIAL: The senior leadership of the eleven parties’ coalition met under the chairmanship of Prime Minister... Published 19 May, 2022 05:29am
Business & Finance PYMA concerned over depreciation of PKR KARACHI: Saqib Naseem, Chairman Pakistan Yarn Merchants Association (PYMA), Muhammad Junaid Teli, Vice Chairman, ... Published 19 May, 2022 05:29am
Business & Finance SBP, IFC join hands to promote agri finance through EWRF KARACHI: Deputy Governor State Bank of Pakistan (SBP) Sima Kamil while addressing a two-day specialised training... Published 19 May, 2022 05:29am
Markets OctaFx, Easy Forex: SBP issues advisory against 'illegal offshore foreign exchange trading platforms' Any person in Pakistan buying products or services of such offshore platforms and remitting foreign exchange directly or indirectly to them through any payment channel is making himself/herself liable to be proceeded against, warns SBP Published 18 May, 2022 07:54pm
Opinion Navigating exchange rate labyrinth Classical economic theory of demand and supply for goods applies just as well to a currency, the Pak rupee, the... Published 18 May, 2022 05:54am
Print PM concerned at PKR slide KARACHI: The Prime Minister Shehbaz Sharif has expressed serious concern over the continued slide of Pak Rupee... Updated 17 May, 2022 09:55am
Editorials Inaction is not an option EDITORIAL: With the passage of time it is becoming increasingly clear that the strategy of the eleven plus ... Published 17 May, 2022 05:39am
Business & Finance Over 10mn customers sign up for SBP’s Raast payment service The aggregate value of P2P transactions on Raast has crossed Rs36 billion Published 16 May, 2022 05:59pm
Markets Rupee closes at 194.18 against USD, cumulative depreciation in one month hits 6.5% Lack of clarity on economic policy and falling foreign exchange reserves as well as dollar's strength have contributed to currency's decline Updated 16 May, 2022 07:43pm
Editorials FSC order on riba EDITORIAL: The Federal Shariat Court declared the prohibition of riba complete and absolute in all its forms and... Published 16 May, 2022 05:42am
Business & Finance Govt urged to focus on forex reserve management LAHORE: The Businessmen Panel (BMP) of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has... Published 16 May, 2022 05:42am
Business & Finance Governor SBP assumes charge of Chairman of ACU Board ISLAMABAD: Dr Murtaza Syed, Governor (Acting) State Bank of Pakistan (SBP), assumed the charge of Chairman of the... Published 16 May, 2022 05:42am
Print April remittances from workers hit record high KARACHI: Workers’ remittances continued to post strong growth and the country received the highest-ever $3.1 billion... Updated 14 May, 2022 10:06am
Markets Riding into oblivion: Rupee closes at new historic low in inter-bank market Lack of clarity on revival of IMF programme, economic policy continues to push currency lower Updated 13 May, 2022 08:58pm
Markets Remittances clock in at $3.125bn in April, highest in Pakistan's history This is the highest amount of inflow recorded in a single month Inflow up 11.2% on a monthly basis, 11.9% on a year-on-year basis Updated 13 May, 2022 08:06pm
Opinion Pakistan, IMF & SBP The expected dividends of Shehbaz Sharif, Prime Minister of Pakistan’s maiden visit to the Gulf are still awaited.... Published 13 May, 2022 05:59am
Business & Finance Forex reserves down $177m KARACHI: The country’s total liquid foreign exchange reserves further declined by $177 million during the last... Updated 13 May, 2022 10:10am
Business & Finance Restoration of Saturday bank holiday opposed PESHAWAR: Business community here expressed serious concern over restoration of Saturday’s holiday for bank... Published 13 May, 2022 05:59am
Business & Finance 17th ‘My Karachi Oasis of Harmony’ exhibition starts today KARACHI: The KARACHI Chamber of Commerce and Industry (KCCI) has made all arrangement to hold 17th My Karachi Oasis... Published 13 May, 2022 05:59am
Markets SBP-held foreign exchange reserves fall another $190mn, now stand at $10.31bn Total reserves held by Pakistan stand at $16.38bn Published 12 May, 2022 10:36pm
Business & Finance Roshan Digital Account holders: EFU Life, BoP partner up to provide customized insurance, takaful solutions LAHORE: Roshan Digital Account is a major initiative of the State Bank of Pakistan, which provides banking solutions... Published 12 May, 2022 07:09am
Markets Another record low: Rupee crosses 190 as currency's ride into oblivion continues Closes at 190.02 after a day-on-day fall of 0.72% Updated 11 May, 2022 04:38pm
Budget 2024-25 updates: Pakistan targets 3.6% growth, 38% higher FBR taxes as Aurangzeb presents proposals
Budget 2024-25 updates: Pakistan targets 3.6% growth, 38% higher FBR taxes as Aurangzeb presents proposals