KARACHI: State Bank of Pakistan (SBP) has raised Rs2,212 billion for budget financing in an auction of market treasury bills. Read more »
ISLAMABAD: Economic Coordination Committee of the Cabinet (ECC) on Wednesday decided to impose ban on export of wheat and related products in order to control prices in the local market. Read more »
ISLAMABAD: Huwaei Group has announced to set up its regional headquarters in Pakistan and also announced to invest around $100 million this year in the country. Read more »
KARACHI: State Bank of Pakistan (SBP) has issued procedure for opening bank accounts of Politically Exposed Persons (PEPs) and instructed banks to facilitate such persons without compromising due diligence process under anti-money... Read more »
KARACHI: Pakistan’s current account deficit narrowed by 31.71 percent in 2018/2019 due to reduction in trade deficit and improved foreign remittances. Read more »
KARACHI: The stock market ended with gain of nominal 10 points on Wednesday despite positive trading of over 400 points earlier in the day. Read more »
KARACHI: The Pak Rupee gained 24 paisas against dollar on Wednesday owing to optimistic remarks on the economy by the governor of State Bank of Pakistan on the other day. Read more »
KARACHI: SIndh government has imposed sales tax on services on cheque book issuance and maintaining locker vaults by a banking company to its customer. Read more »
KARACHI: State Bank of Pakistan (SBP) has revised blocked accounts of non-resident Pakistanis under Foreign Exchange Manual and laid down procedure for investment of amount from such blocked account. Read more »