Business & Finance Easy house financing urged for middle-income groups Karachi: Builders and developers have urged the upcoming government and the State Bank of Pakistan (SBP) to ... Published 16 Feb, 2024 06:02am
Business & Finance Jan remittances up 0.6pc to $2.397bn MoM KARACHI: The country received worker’s remittance inflows of $ 2.4 billion during January 2024. The State Bank of... Published 13 Feb, 2024 05:59am
Business & Finance H1 debt stocks jump 7.14pc to Rs65.188trn YoY KARACHI: The federal government’s total debt (domestic and external) stocks rose over Rs 4 trillion during the first... Updated 13 Feb, 2024 08:56am
Business & Finance Auction for MTBs: Govt raises only Rs64bn against Rs480bn target KARACHI: The federal government on Tuesday raised Rs 64 billion only as against the target of Rs 480 billion through... Published 07 Feb, 2024 05:30am
Print ADs allowed to make import advance payments without prior SBP approval KARACHI: The State Bank of Pakistan (SBP) has allowed Authorised Dealers (ADs) to make import advance payments,... Updated 01 Feb, 2024 09:42am
Print Budgetary requirements: Ijara Sukuk funding to help govt save Rs32bn per year KARACHI: The federal government will save approximately Rs 32 billion annually by raising funds through the Ijara... Updated 01 Feb, 2024 09:22am
Business & Finance Policy rate kept unchanged at 22pc on inflation KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has decided to maintain the policy... Published 30 Jan, 2024 04:52am
Business & Finance SBP to issue new notes KARACHI: Governor State Bank of Pakistan (SBP) Jameel Ahmed revealed on Monday that SBP has decided to issue new... Updated 30 Jan, 2024 12:54pm
Print Auction for MTBs: 62bps ‘surprise’ drop in cut-off yield KARACHI: The cut-off yield on short-term government securities surprisingly declined up to 62 basis points in the... Updated 25 Jan, 2024 09:11am
Print SBP to launch platform for FX interbank market State Bank of Pakistan decides to revamp the foreign exchange trading system Updated 24 Jan, 2024 10:10am
Business & Finance MPC meeting on 29th KARACHI: The meeting of the Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) will be held on... Published 24 Jan, 2024 05:07am
Business & Finance $705m IMF tranche received: UAE rolls over $2bn deposits for one more year KARACHI: The United Arab Emirates (UAE) has rolled over its $2 billion deposits with Pakistan for another one year,... Published 18 Jan, 2024 05:54am
Business & Finance Dec CA posts surplus of $397m KARACHI: The country’s current account has improved significantly and recorded a $ 397 million surplus in December... Published 18 Jan, 2024 05:54am
Business & Finance Margin on PIBs declines KARACHI: Margin on long-term government investment bonds fell up to 50 basis points (bps) in the auction held on... Updated 17 Jan, 2024 08:38am
Business & Finance RDA attracts $1.6bn in CY23 KARACHI: Roshan Digital Accounts (RDA) attracted fresh inflows amounted to $1.6 billion during the last calendar... Published 16 Jan, 2024 05:44am
Print Onion MEP fixed at $1,200 per MT KARACHI: The federal government on Friday announced fixation of the minimum export price of onion at $1,200 per... Updated 13 Jan, 2024 09:01am
Business & Finance Dec workers’ remittances post 5.4pc growth MoM KARACHI: Inflows of workers’ remittances recorded 5.4 percent growth in December 2023 compared to November 2023, the... Updated 11 Jan, 2024 09:56am
Pakistan Onion prices rise due to increased export demand KARACHI: Prices of onion, a running staple food in every household, shoot up to Rs 250 per kg in the domestic retail... Published 10 Jan, 2024 05:22am
Markets Forex reserves hit 23-week high KARACHI: The State Bank of Pakistan (SBP) foreign exchange reserves recorded a notable increase of $ 1.3 billion... Published 05 Jan, 2024 03:12am
Business & Finance 45,000MTs of imported urea arrives KARACHI: A second vessel carrying some 45,000 metric tons imported urea has reached Pakistan for domestic ... Published 03 Jan, 2024 05:32am
In meeting with UAE president, PM Shehbaz underscores readiness to expand cooperation in multiple sectors