Business & Finance Sept CA posts $119m surplus KARACHI: Pakistan’s external account continues to show positive momentum, recording a second consecutive current... Published 22 Oct, 2024 06:33am
Print Between FY16 and FY23: fiscal support to SOEs escalates to Rs5.7trn, says SBP KARACHI: State-owned Enterprises (SOEs) in Pakistan are posing a significant challenge to the economy, having... Updated 22 Oct, 2024 04:41pm
Print Sugar export to Tajikistan: SBP asks banks to process transactions KARACHI: Pakistan is set to export 40,000 tons of sugar to Tajikistan under bilateral trade arrangements on a... Updated 19 Oct, 2024 02:55pm
Print Macroeconomy: Structural challenges persist: SBP KARACHI: The State Bank of Pakistan (SBP) has said that a host of structural impediments continue to pose challenges... Updated 18 Oct, 2024 09:24am
Print Global energy price variations pose risks: SBP projects 2.5-3.5pc growth KARACHI: The State Bank of Pakistan (SBP) has said that uncertainty on the economic front has reduced and... Updated 18 Oct, 2024 09:38am
Print Export of 0.5m tons of sugar: Banks authorised to process cases KARACHI: In accordance with federal government directives, the State Bank of Pakistan (SBP) has authorized banks to... Updated 17 Oct, 2024 09:02am
Print Q1FY25: Govt pays off Rs1.2trn domestic debt KARACHI: The federal government has successfully retired over one trillion rupees in domestic debt borrowed for... Updated 17 Oct, 2024 03:33pm
Print Donations for Gaza, Lebanon: SBP opens ‘PM’s Relief Fund’ account KARACHI: Following the directives of the federal government, the State Bank of Pakistan has opened “Prime Minister’s... Updated 15 Oct, 2024 08:46am
Business & Finance SME banking: SBP launches ‘Challenge Fund’ KARACHI: The State Bank of Pakistan (SBP) has announced to launch a “Challenge Fund” for technology adoption... Published 12 Oct, 2024 06:58am
Business & Finance SME banking: SBP launches ‘Challenge Fund’ KARACHI: The State Bank of Pakistan (SBP) has announced to launch a “Challenge Fund” for technology adoption... Published 12 Oct, 2024 06:17am
Business & Finance CCTV cameras: SBP advises banks, MFBs to update SOPs KARACHI: In a significant move to bolster security across financial institutions, the State Bank of Pakistan (SBP)... Published 12 Oct, 2024 06:17am
Business & Finance Q1 remittances up 39pc to record $8.8bn YoY KARACHI: The country has received highest-ever quarterly workers remittance inflows of $8.8 billion during the first... Published 10 Oct, 2024 03:03am
Print Remittances: Two incentives available to banks and ECs now KARACHI: To enhance the flow of home remittances, the State Bank of Pakistan (SBP) has revamped the incentive... Updated 09 Oct, 2024 09:04am
Business & Finance SME sector: SBP revises per party exposure limits KARACHI: Aimed at facilitating the SME sector, the State Bank of Pakistan (SBP) has revised the per party exposure... Published 09 Oct, 2024 06:26am
Business & Finance SBP’s reserves hit 2-1/2-year high KARACHI: The State Bank of Pakistan’s foreign exchange reserves have surpassed the $10 billion mark, reaching... Published 04 Oct, 2024 06:46am
Business & Finance Conventional to Islamic mode: SBP sets new bank branch conversion criteria KARACHI: With a view to further facilitate banks in conversion of their branches, the State Bank of Pakistan (SBP)... Updated 03 Oct, 2024 09:06am
Print Sugar export to Afghanistan: Banks directed to ensure 100pc advance payment Measure aims to enhance transparency and safeguard the timely collection of export payments, particularly in trade with Afghanistan Updated 02 Oct, 2024 03:05pm
Business & Finance Bids amounting to Rs351bn accepted: Govt conducts buyback auction of MTBs KARACHI: In a historical move, the federal government conducted the buyback auction of Market Treasury Bills (MTBs)... Updated 01 Oct, 2024 09:27am
Business & Finance REAP chairman hails removal of Minimum Export Price cap KARACHI: With the removal of the Minimum Export Price (MEP), Pakistani rice traders can now export without price... Updated 30 Sep, 2024 09:27am
Business & Finance SBP receives over $1bn first tranche of IMF loan KARACHI: Pakistan, on Friday received over $1 billion inflows as the first tranche of a long-term loan from the IMF,... Published 28 Sep, 2024 07:16am