MoC for preserving country’s presence in Afghan market ISLAMABAD: Ministry of Commerce (MoC) said on Thursday that Pakistan has to take more steps to improve its presence... Published 25 Feb, 2022 06:19am
Business & Finance Historic results: UBL declares Rs52.1bn PBT for 2021 KARACHI: United Bank Limited reported PBT of Rs 52.1 billion in 2021, being the highest profit ever in the history ... Published 25 Feb, 2022 06:19am
Markets Rupee falls against US dollar after Russia announces 'military operation' against Ukraine Depreciates 0.13% in inter-bank market on Thursday Updated 24 Feb, 2022 07:43pm
Technology Pakistan's fintech NayaPay lands $13mn in early-stage funding Another feather was added to Pakistan’s budding startup sector after NayaPay, a local fintech platform, managed to... Published 24 Feb, 2022 12:09pm
Editorials Budget exercise and rising imponderables EDITORIAL: The Khan administration has been citing the prevalence of exogenous elements as contributing factors to... Published 24 Feb, 2022 06:34am
Markets Rupee registers minor gain against US dollar Closes at 176.16 in inter-bank market on Wednesday Updated 23 Feb, 2022 05:51pm
Opinion New SBP law militates against constitution? This article contends that the State Bank of Pakistan (Amendment) Act, 2022 (“Act”) is plainly, on the face of ... Published 23 Feb, 2022 04:54am
Editorials To control inflation and help the vulnerable EDITORIAL: The Khan administration’s overarching objective to help the poor and vulnerable cannot be faulted and... Published 23 Feb, 2022 04:54am
Print Baqir explains why SBP has chosen Chunian for EWRF launch LAHORE: State Bank of Pakistan (SBP) Governor Dr Reza Baqir said on Tuesday the SBP was making efforts to enhance... Updated 23 Feb, 2022 10:01am
Technology Around 50 startups a year: Tech startup fund established to provide Rs1bn seed funding Incentives' package to ensure growth of IT/ITeS Special Technology Zones to be established in federal/provincial capitals Updated 23 Feb, 2022 11:02am
Markets Against USD: Rupee closes at over 176 as Russia-Ukraine tensions escalate Amid escalation in geopolitical tension, Pakistan's rupee closed above the 176 level against the US dollar after... Updated 22 Feb, 2022 07:37pm
Print Purchase of Telenor Microfinance Bank shares: MCB granted conditional approval for due diligence KARACHI: The State Bank of Pakistan (SBP) has granted in-principle conditional approval to MCB to conduct due... Published 22 Feb, 2022 04:43am
Business & Finance SBP to launch EWRF for maize crop KARACHI: The State Bank of Pakistan (SBP) will be launching Electronic Warehouse Receipt Financing (EWRF) for maize... Published 22 Feb, 2022 04:43am
Markets Rupee records marginal gain against US dollar Closes at 175.75 in inter-bank market on Monday Updated 21 Feb, 2022 09:00pm
Business & Finance Construction cost goes up amid cement, steel price hike Local cement prices have been hiked by Rs30 per bag (50kg) in the South region Published 21 Feb, 2022 04:13pm
BR Research SBP: still not free of its demons Last week, SBP enhanced the scope of its concessionary working capital refinance program - Export Finance Scheme... Published 21 Feb, 2022 08:12am
Business & Finance RDAs: experts urge investment in PSX, say market will bounce back Major chunk of inflows under Roshan Digital Accounts has gone to Naya Pakistan Certificates Published 19 Feb, 2022 02:57pm
Business & Finance Auto financing drops marginally month-on-month Amounts to Rs352bn at end of January 2022 Updated 19 Feb, 2022 08:15pm
Pakistan FBR Chairman, SBP Governor: Senate body expresses its displeasure over absence ISLAMABAD: Senate Standing Committee on Finance has expressed displeasure over uninformed absence of Chairman,... Published 19 Feb, 2022 04:15am
Print MoF and SBP oppose move: Senate panel approves Banking Cos (Amend) Bill In the bill, it was proposed to impose one-million-rupee fine and one year punishment for refusal to provide banking facilities to consumers on the ground of politically-exposed person (PEP) Updated 19 Feb, 2022 01:55pm
Markets Rupee falls near 176 against US dollar Depreciates 0.27% in inter-bank market on Friday Updated 18 Feb, 2022 08:29pm
BR Research ERF enhancement – SBP and exporters’ alignment In an innovative move, SBP has expanded the scope of the Export Refinance Scheme (ERF). The objective of the move is... Published 18 Feb, 2022 08:31am
Business & Finance Forex reserves down $231m KARACHI: The country’s total liquid foreign exchange reserves fell by $231 million during the last week. ... Published 18 Feb, 2022 04:31am
Print Jul-Jan FDI posts 11pc growth YoY KARACHI: Foreign Direct Investment (FDI) posted 11 percent growth during the first seven months of this fiscal year... Updated 18 Feb, 2022 09:29am
Markets Rupee posts further recovery against US dollar Closes at 175.39 in inter-bank market on Thursday Updated 17 Feb, 2022 05:52pm
Print MMBL introduces customer-friendly account opening process ISLAMABAD: Pakistan’s largest digital bank, Mobilink Microfinance Bank Limited (MMBL) has introduced a... Published 17 Feb, 2022 06:37am
Print Sustaining export growth key challenge: Dawood ISLAMABAD: Prime Minister Advisor on Commerce and Investment, Abdul Razak Dawood said on Wednesday that key ... Updated 17 Feb, 2022 09:53am
Print SBP expands EFS to improve exports, forex inflows KARACHI: With a view to further facilitate exporters and encourage timely inflow of export proceeds, State Bank of... Updated 17 Feb, 2022 10:06am
Markets Rupee reverses losing streak against US dollar Appreciates marginally to close at 175.67 in inter-bank market on Wednesday Updated 16 Feb, 2022 06:24pm
Business & Finance SBP increases indicative credit limits for agri financing Says will directly benefit agriculture borrowers Updated 16 Feb, 2022 06:42pm