Print FY22: Profit repatriation rises to $1.5bn KARACHI: Foreign investors repatriated some $1.5 billion as profit and dividend on their investments in Pakistan... Updated 29 Jul, 2022 09:18am
Print MPMG scheme: conditional lending allowed Institutions asked to charge 250 basis points spread over and above Kibor Updated 26 Jul, 2022 09:57am
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
Print FY22: Over $31bn record remittances received Home remittances improved 6.1% during last fiscal year Updated 19 Jul, 2022 10:32am
Print Policy rate hiked by 125bps to 15pc to cool economy, contain inflation, propel PKR KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) on Thursday decided to raise the... Updated 08 Jul, 2022 09:30am
Business & Finance EFS, LTFF rates linked with policy rate KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has linked the interest rates of... Published 08 Jul, 2022 05:36am
Business & Finance REAP vying to get duty-free access to UK market for white rice KARACHI: Rice Exporters Association of Pakistan (REAP) has initiated efforts to get duty-free access into the UK... Published 07 Jul, 2022 05:35am
Print MPS tomorrow: Key policy rate likely to be hiked by 100bps KARACHI: The Monetary Policy Committee (MPC) of the State Bank Pakistan (SBP) will unveil monetary policy on July 7,... Updated 06 Jul, 2022 10:16am
Markets TCP receives eight bids for wheat import KARACHI: The Trading Corporation of Pakistan (TCP) has received eight bids for the import of some 0.5 million tons ... Published 02 Jul, 2022 04:10am
Print Forex reserves soar on $2bn Chinese inflows Country’s reserves were constantly on decline due to scheduled external debt servicing and financing of current account deficit Updated 01 Jul, 2022 09:45am
Print PMKJ-YES, MPMG: SBP directs banks to stop fresh disbursements KARACHI: Following the directives of the federal government, the State Bank of Pakistan (SBP) on Thursday night ... Updated 01 Jul, 2022 11:04am
Print July-May period: C/A deficit crosses $15bn mark KARACHI: The country’s current account deficit crossed the $15 billion mark during the first eleven months of this... Updated 29 Jun, 2022 09:50am
Business & Finance Forex reserves down $733m on debt servicing KARACHI: The country’s total liquid foreign exchange reserves further declined by $733 million in a week due to... Published 24 Jun, 2022 06:15am
Business & Finance Banks have ‘sufficient’ stock of dollars: SBP KARACHI: The State Bank of Pakistan (SBP) on Tuesday categorically denied the reports that it has stopped import... Published 22 Jun, 2022 05:58am
Business & Finance July-May FDI declines 5pc to $1.57bn YoY KARACHI: The Foreign Direct Investment (FDI) decreased by 5 percent during the first 11 months of this fiscal year.... Published 18 Jun, 2022 06:00am
Budget 2022-23 Sindh raises development outlay by 40pc KARACHI: The Sindh government has decided to increase the allocation for Annual Development Programme (ADP) by 40... Updated 15 Jun, 2022 10:06am
Business & Finance Country begins cement export to US KARACHI: For the first time in the country’s history, the export of cement has begun to the United State, which is... Published 15 Jun, 2022 05:47am
Print Inclusive of Super Tax: Tax on banking sector to go up to 45pc KARACHI: The federal government has proposed to increase the tax rate for banking sector, ie, from 39 percent to 45... Published 11 Jun, 2022 06:41am
Business & Finance Inflows of remittances post over 6pc growth KARACHI: Inflows of home remittances posted over six percent growth during the first 11 months of this fiscal year... Published 11 Jun, 2022 06:14am
Print Credit to private sector rises to record Rs1.3trn KARACHI: Private sector obtained a record Rs 1.3 trillion loans from the domestic banking sector during the first 10... Updated 10 Jun, 2022 09:40am