Digital banking, e-commerce witness unprecedented growth: SBP report
LAHORE: Although Pakistan’s banking system is known to be riddled with draconian procedures which force customers to sign a multitude of forms,...
Market Daily: Â KSE-100 rises 192 points to 42,924
LAHORE: The Pakistan Stock Exchange (PSX) witnessed another confused session as the indices were seen oscillating in both directions and the day...
Experts urge banks to collaborate with fintechs to provide better digital services
KARACHI: Speakers at an e-banking conference have ruled out the impression that financial technology firms would eat up conventional banks and asked...
Agri credit disbursement increased to Rs972.6b
KARACHI: Banks have disbursed Rs972.6 billion for the fiscal year 2017-18. The current year’s disbursement is 38.1 per cent higher than the...
SECP holds workshop on insurtech for inclusive insurance
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has organised a workshop on Insurtech (Insurance Technology) for Inclusive Insurance: Opportunities and...
Pakistan likely to borrow more than $4b from Saudi bank
ISLAMABAD:Â A Saudi-backed Islamic Development Bank (IDB) is poised to lend Pakistan more than $4 billion to revive the nuclear nation's depleting foreign...
Dr Shamshad Akhtar likely to be posted Deputy Chairman Planning Commission in next govt
Various economists, bankers have also started lobbying for the post of SBP Governor: sources
SECP gives its nod to new capital market, insurance and corporate regulations
ISLAMABAD: The SecuÂriÂties and Exchange ComÂmisÂsion Pakistan (SECP) has passed regulations concerning capital market, insurance, and corporate governance and approved the proposed...
Two Pak companies set to establish digital payment gateway
KARACHI:Â Two technology firms in Pakistan have joined hands to establish a local online payment gateway system to take a share in the...
With Rs10 tr added under the last govt, national debt rises to Rs24 tr
Rapid debt growth drastically shrinks fiscal space
ISLAMABAD: The federal government’s debt rose to Rs24.2 trillion at the end of the last fiscal year,...
CPEC ushers Pakistan into new industrialization phase: China Daily
BEIJING: Pakistan, under China-Pakistan Economic Corridor (CPEC), has entered the industrialization phase and with renewed conviction, the country can rely on the...
Finance minister-in-waiting given dossiers to tackle economic challenges
ISLAMABAD: The incumbent Minister of Finance has given important dossiers to the finance minister-in-waiting in the coming PTI-led government, Asad Umar, regarding...
China interested in joining TAPI pipeline project – Pakistan official
ISLAMABAD: China is exploring building a spur from Pakistan’s territory once the multi-country TAPI natural gas pipeline project begins operating, a Pakistani official...
China to slap additional tariffs on $16 billion of US goods
BEIJING/WASHINGTON: China is slapping additional tariffs of 25 per cent on $16 billion worth of US imports from fuel and steel products...
Pakistan to get over $200m benefits after signing FTA with Thailand
ISLAMABAD:Â Pakistan would get benefits of $200 million after signing the free trade agreement (FTA) with Thailand.
Pakistan and Thailand would present their final...