Print CAD, inflation: Interest rate hiked by 25 bps to 7.25pc KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has announced to raise the key... Updated 21 Sep, 2021 10:05am
Print FDI declines 20pc in two months SBP reports that Pakistan fetched Foreign Direct Investment amounting to $203 million in July-Aug of FY22 Updated 18 Sep, 2021 10:00am
Print Jul-Aug period: CA posts $2.2bn deficit on higher import bill Primary reason for the deficit was a 68 percent jump in imports Updated 18 Sep, 2021 09:58am
Business & Finance Workers’ remittances continue to post strong growth KARACHI: Workers’ remittances continued their strong growth and rose by 27 percent during the second month of this... Updated 11 Sep, 2021 10:09am
Print Under-construction projects: SBP allows banks, DFIs to extend loans The financing risk of banks will be secured through mortgage of project land based on specific arrangements with builders Updated 03 Sep, 2021 10:01am
Print External debt, liabilities hit historic high of $122bn KARACHI: Pakistan’s external debt and liabilities continued to grow and reached the historic level of $122 billion... Updated 31 Aug, 2021 09:30am
Print Repatriation of profit, dividend declines 55pc in July KARACHI: Repatriation of profit and dividend by the foreign investors fell sharply 55 percent during the first month... Updated 27 Aug, 2021 09:42am
Print Global liquidity booster: Pakistan gets its share KARACHI: Pakistan has received inflows amounting to US 2.75 billion dollars from the International Monetary Fund... Published 25 Aug, 2021 04:55am
Print Current account posts $773m deficit in July Import payments for goods increased significantly by 51 percent to $5.396 billion in July 2021 Updated 21 Aug, 2021 11:02am
Print July FDI plunges 31pc YoY, clocks in at $90 million KARACHI: Pakistan fetched Foreign Direct Investment (FDI) amounting to $90 million in the first month of this fiscal... Updated 18 Aug, 2021 11:29am
Markets Price of imported palm oil rises unprecedentedly by over 100pc KARACHI: Price of imported palm oil rose unprecedented over 100 percent during the last 14 months due to strict... Published 16 Aug, 2021 06:57am
Print $2.7bn remittances arrive in July KARACHI: With $2.7 billion inflows, workers' remittances maintained strong trend in the first month of this fiscal... Published 11 Aug, 2021 04:57am
Print Sugar imported by TCP: second vessel arrives KARACHI: Second vessel of sugar imported by the Trading Corporation of Pakistan (TCP) has reached Pakistan for... Published 07 Aug, 2021 02:51am
Print Commercial remittances: SBP notifies revision in FE instructions KARACHI: The State Bank of Pakistan (SBP) on Thursday notified revision of foreign exchange instructions pertaining... Published 06 Aug, 2021 04:13am
Print Profit, dividend: Foreign investors repatriate $1.622bn in FY21 Amount rose by 20% year-on-year Updated 29 Jul, 2021 10:06am
Print Policy rate kept on hold at 7pc to support growth KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has decided to maintain the policy... Updated 28 Jul, 2021 09:34am
Print MPS today: Key policy rate may stay unchanged KARACHI: The Governor State Bank of Pakistan (SBP), Dr Reza Baqir will unveil Monetary Policy Statement (MPS) on... Published 27 Jul, 2021 02:43am
Print Services trade deficit declines by 43pc in FY21 KARACHI: Pakistan's service trade deficit shrank 43 percent during the last fiscal year (FY21) mainly due to lower... Published 26 Jul, 2021 05:52am
Print Private credit bureaus: Operational framework needs to be improved: SBP KARACHI: The State Bank of Pakistan (SBP) has proposed improvement in the operational framework of private credit... Updated 24 Jul, 2021 10:53am
Print C/A surplus turns to deficit on higher import bill Country's import bill for the last month of FY21 was $6.32 billion Pakistan ended with a C/A deficit of $1.85 billion in FY21, against deficit of $4.449 billion in FY20 Updated 20 Jul, 2021 09:34am