Trends - foreign exchange - Business Recorder

BR Research

Rice exports: the peak is behind us

Small wins should be celebrated, big wins, even more so. During the current fiscal year 2023-24, Pakistan’s foreign...

Published 22 Mar, 2024 08:59am

Opinion

Why we lag in exports

One of Pakistan’s most pressing economic issues is the chronic shortage of foreign exchange underscored by an...

Published 14 Mar, 2024 03:00am

Markets

SBP-held foreign exchange reserves fall another $54mn, now stand at $7.9bn

Total liquid foreign reserves held by the country at $13.02bn

Published 07 Mar, 2024 07:50pm

Business & Finance

FCCI members briefed about Federal Ombudsman’s performance

FAISALABAD: Numbers of complaints filed with the office of Federal Ombudsman have recorded a phenomenal increase due...

Published 29 Feb, 2024 04:41am

Business & Finance

Indus Motor Company to invest Rs3bn ‘for additional localization’ of parts, components

In a key development for the country’s auto sector, Indus Motor Company Limited (INDU) announced that its board has...

Updated 22 Feb, 2024 03:36pm

Business & Finance

Senate body concerned over uneconomical export of precious stones

ISLAMABAD: The Senate Standing Committee on Industries and Production, Thursday, expressing serious concerns over ...

Published 16 Feb, 2024 06:02am

Business & Finance

SBP cancels EC’s licence

KARACHI: The State Bank of Pakistan (SBP) has cancelled the authorization/license of M/s PBS Exchange Company (Pvt)...

Published 13 Feb, 2024 05:59am

Print

Temporary import, export of vehicles: MoC and FBR lock horns over former’s proposal

ISLAMABAD: The Commerce Ministry and the Federal Board of Revenue (FBR) have reportedly locked horns over the...

Updated 07 Feb, 2024 09:34am

Print

H1FY24: Profit repatriation up record 161pc to $567.7m YoY

KARACHI: Repatriation of profit and dividends by foreign investors posted a record growth of 161 percent during the...

Updated 27 Jan, 2024 10:37pm

Markets

Open trucks: Business community for allowing import of cotton

PESHAWAR: Members of the business community urged the government and ministry of National Food Security and Research...

Published 26 Jan, 2024 04:58am

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

Print

Forex repatriation against remittances: Govt striving to ink G2G pact with Saudi Arabia, UAE

ISLAMABAD: The government is reportedly making hectic efforts for a government-to-government (G2G) agreement with...

Updated 23 Jan, 2024 09:41am

Print

Privatisation of HEC concludes

ISLAMABAD: The privatisation of Heavy Electrical Complex (HEC) was concluded on Tuesday, with the handing over of...

Updated 03 Jan, 2024 09:38am

Opinion

Single window solution for Pakistan

The pivotal role of private sector in fostering the development of any economy is by now beyond any dispute and a...

Published 29 Dec, 2023 02:58am

Print

Foreign investors: Jul-Nov profit repatriation soars 312pc to $532m YoY

KARACHI: Repatriation of profit and dividends by foreign investors posted a notable 312 percent growth during the...

Updated 28 Dec, 2023 08:53am

Print

Input goods’ import: SBP unveils procedure for availing EFS ITM facility

KARACHI: The State Bank of Pakistan (SBP) has announced the procedure for availing International Toll Manufacturing...

Updated 28 Dec, 2023 09:41am

Print

Agri insurance pool may act as risk aggregator: SECP

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has recommended that an agricultural insurance...

Updated 27 Dec, 2023 09:26am

Print

High court suspends 40pc additional tax on windfall income of banks

ISLAMABAD: After Islamabad and Lahore High Courts, the Sindh High Court (SHC) has also suspended the SRO...

Updated 26 Dec, 2023 09:56am

Editorials

A further decline in remittances

EDITORIAL: Remittance inflows, a desired form of foreign exchange earnings, declined July-November 2023 to 11,044.7...

Published 19 Dec, 2023 05:20am

Pakistan

Cabinet approves first-ever ‘National Space Policy’

ISLAMABAD: The Federal Cabinet on Wednesday approved Pakistan’s first ever “National Space Policy” aimed at...

Updated 14 Dec, 2023 08:37am

Opinion

A revisit of trade components critical

Exports fuel domestic productivity and therefore employment and at the same time constitute the most desired form of...

Published 04 Dec, 2023 05:35am

BR Research

Palm oil imports keep coming

Anecdote has it that purchasing power and as a result, consumption of most items has gone down in the past 12-18...

Published 30 Nov, 2023 08:50am

Opinion

Agriculture: the rising trajectory

Agriculture forms the backbone of Pakistan’s economy as it provides livelihoods to almost two-thirds of the...

Published 30 Nov, 2023 04:53am

Business & Finance

Pharma sector has potential to fetch foreign exchange for country thru exports: PPMA

LAHORE: The Pakistan pharmaceutical industry has the potential to fetch precious foreign exchange through exports of...

Published 28 Nov, 2023 04:56am

Print

Ogra and PRL ink ‘crucial’ agreement

ISLAMABAD: In a landmark development aligning with Pakistan’s refining policy, the Oil and Gas Regulatory Authority...

Updated 17 Nov, 2023 08:38am

Markets

Export industry: MD SNGPL assures APTMA team there will be uninterrupted gas supply

LAHORE: Managing Director Sui Northern Gas Pipelines Ltd (SNGPL) Amer Tufail has assured APTMA of incessant supply ...

Published 16 Nov, 2023 05:39am

Print

Foreign exchange transactions: Cabinet approves levy of 40pc tax on banks’ windfall profits

ISLAMABAD: The caretaker federal cabinet, on the recommendation of the Federal Board of Revenue (FBR), approved...

Updated 16 Nov, 2023 09:51am

Editorials

Moody’s report

EDITORIAL: Moody’s recent reassessment of Pakistan’s vulnerability comes as no surprise: with exports a mere ...

Updated 13 Nov, 2023 06:54am

Opinion

USD to PKR forecast for 2024 — III

In the earlier article on this subject, this writer discussed the projections for PkR exchange rate for 2024. In the...

Updated 03 Nov, 2023 07:17am

Markets

Pakistan fourth leading rice exporting country of world

LAHORE: Punjab Minister for Agriculture S. M. Tanveer said on Thursday that the Pakistan is the fourth leading rice...

Published 03 Nov, 2023 06:11am