SBP issues EMI license to EPSL KARACHI: The State Bank of Pakistan (SBP) has given License to M/s E-Processing Systems Private Limited (EPSPL) to... Published 21 Nov, 2024 05:51am
Business & Finance SBP governor for supporting women entrepreneurs in Pakistan KARACHI: The Governor of the State Bank of Pakistan (SBP), Jameel Ahmed, has emphasized the importance of supporting... Updated 20 Nov, 2024 07:54am
Print Aurangzeb speaks to SBP, PBA chiefs: Financing for priority sectors govt priority Pakistan Banks’ Association Chairman Zafar Masud apprises minister on various initiatives planned by PBA for building an inclusive and sustainable financial ecosystem Updated 19 Nov, 2024 03:12pm
Business & Finance FD decides to hire ‘consultant external debt’ ISLAMABAD: The Finance Division has decided to hire ‘consultant external debt’ to carry out external debt portfolio... Updated 19 Nov, 2024 08:55am
Business & Finance Jul-Oct FDI up 32pc to $904.3m YoY KARACHI: Foreign Direct Investment (FDI) in Pakistan surged by 32 percent during the first four months of the ... Published 19 Nov, 2024 06:34am
Business & Finance Jul-Oct: C/A posts $218m surplus on foreign inflows KARACHI: The country’s current account balance posted a surplus of $218 million in the first four months of FY25,... Published 19 Nov, 2024 06:34am
Pakistan Jul-Oct FDI clocks in at $904.3mn, up 32% YoY Net Foreign Direct Investment (FDI) in Pakistan grew 32.3% during the first four months of the ongoing fiscal year... Updated 18 Nov, 2024 11:20pm
Markets Pakistan’s REER index increases to 100.9 in October 2024 Pakistan’s Real Effective Exchange Rate (REER), a measure of the value of a currency against a weighted average of... Updated 18 Nov, 2024 10:35pm
Markets Pakistan records $349mn current account surplus in October 2024 This is the third consecutive month in which Pakistan's current account has posted surplus Updated 18 Nov, 2024 10:27pm
Opinion Measures aimed at checking inflation The Consumer Price Index (CPI) for October 2024 was 7.2 percent against 6.9 percent the month before – a rise of... Published 18 Nov, 2024 02:54am
Markets Marginal improvement KARACHI: The rupee registered marginal improvement during the previous week as it gained Re0.07 or 0.02% against the... Published 18 Nov, 2024 02:54am
Pakistan Zamurd Khan inaugurates 100th draw of Rs1500 prize bonds RAWALPINDI: The State Bank of Pakistan (SBP) successfully hosted the landmark 100th draw of Rs 1500 prize bonds, ... Published 16 Nov, 2024 06:04am
Business & Finance SBP suspends authorization of EC KARACHI: SBP has suspended the authorization of Exchange Company namely M/s Islamabad Exchange Co. (Pvt) Ltd. with... Published 16 Nov, 2024 06:04am
Business & Finance BAFL operations in Bangladesh: central banks give green signal for due diligence facilitation The central banks of Pakistan and Bangladesh have granted in-principle approval to Bank Alfalah Limited (BAFL) to... Updated 15 Nov, 2024 04:42pm
Business & Finance SBP holds ‘Islamic Banking’ seminar at HCSTSI Secretariat HYDERABAD: President of Hyderabad Chamber of Small Traders & Small Industry (HCSTSI), Muhammad Saleem Memon... Published 15 Nov, 2024 07:24am
Business & Finance Forex reserves up $34m KARACHI: The country’s total liquid foreign exchange reserves increased by $ 34 million during the last week.... Published 15 Nov, 2024 06:20am
Markets SBP-held foreign exchange reserves increase $84mn, now stand at $11.26bn Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $84 million on a weekly basis,... Updated 14 Nov, 2024 10:37pm
Opinion There’s a context to ‘unusual’ IMF talks This is apropos a Business Recorder news item titled “IMF team holds ‘unusual’ talks over USD7 billion... Published 14 Nov, 2024 07:40am
Print Islamic banking operations: Senate body to call CII scholars ISLAMABAD: Senate Standing Committee on Finance and Revenue Wednesday decided to call scholars of Council of Islamic... Updated 14 Nov, 2024 09:04am
Editorials An initial audit by IMF? EDITORIAL: Confirmed reports suggest that the visiting International Monetary Fund (IMF) mission met Finance... Updated 14 Nov, 2024 07:08am
Business & Finance DG SBP for fully embracing true Islamic financial system value KARACHI: Saleem Ullah, Deputy Governor of the State Bank of Pakistan (SBP), has underscored the importance of fully... Published 13 Nov, 2024 08:38am
Business & Finance SBP conveys its final approval to TPL, Abhi Ltd KARACHI: The State Bank of Pakistan (SBP) has conveyed its final approval to TPL Corp (TPL) and Abhi (Private)... Published 13 Nov, 2024 08:35am
Editorials Disturbing revelations EDITORIAL: Of all the things Finance Minister Muhammad Aurangzeb mentioned at the Islamabad literature festival the... Published 13 Nov, 2024 07:00am
Business & Finance SBP approves TPL Corp, Abhi’s acquisition of FINCA Microfinance Bank The State Bank of Pakistan (SBP) has given its final approval to TPL Corp Limited (TPL), a Pakistani financial... Updated 12 Nov, 2024 06:16pm
BR Research ADR financing: undermining monetary policy? Commercial banks are on a lending spree—not due to excess liquidity or a dramatic economic turnaround, but because... Published 12 Nov, 2024 08:41am
Editorials The right candidate for the right job EDITORIAL: Remittances hit a four-month-high, as per State Bank of Pakistan (SBP) website, of 3.05 billion dollars... Published 12 Nov, 2024 07:03am
Print MoM basis: Sept debt stocks drop Rs792bn on SBP profit KARACHI: The federal government’s total debt stock fell sharply by Rs 792 billion in September 2024, following the... Updated 12 Nov, 2024 02:35pm
Opinion Go beyond the Fund advice Monetary Policy Committee (MPC) met under the chairmanship of Jameel Ahmed, Governor of State Bank of Pakistan (SBP)... Updated 11 Nov, 2024 07:17am
Print Bank’s income case: FBR restrained from initiating ‘coercive’ action ISLAMABAD: The income of the bank to be taxed based on gross advances to deposit ratio has been challenged before... Updated 10 Nov, 2024 09:49am
Business & Finance $3bn remittances in Oct: highest monthly inflow in FY25 so far KARACHI: Pakistan received over $3 billion home remittances in October 2024, the highest monthly inflow so far in ... Published 09 Nov, 2024 06:36am