NBP, Xpress Money announce promotional schemes for remittance customers

  The National Bank of Pakistan (NBP) and Xpress Money has launched a promotional campaign where hundreds of Remittance customers sending their remittances...

Govt to bring fiscal deficit down to 3.5pc of GDP

Economic growth is projected to continue its upward acceleration in the coming years. The government’s concerted efforts have helped in bringing down...

Pakistan and IMF to resume talks in Dubai

The consultations process under fifth review between Pakistan and IMF will resume in Dubai today (Saturday). Under Article IV of the IMF's Articles...

Rs 50 commemorative coin released by SBP to honour late Abdul Sattar Edhi

The State Bank of Pakistan (SBP) on Friday officially unveiled a commemorative Rs 50 coin to honour the humanitarian services of late...

Price of rice jumps by 50 pc

In a surprising development, the price of different varieties of rice has suddenly jumped by 50 percent due to the opening of trade...

SBP directs banks to classify remittances received against IT services

State Bank of Pakistan (SBP) on Thursday has instructed banks to classify receipts of foreign remittances under computer and information services and...

PM to set up NSW to facilitate trade

Prime Minister (PM) Nawaz Sharif has given go ahead to setting up a National Single Window (NSW) to manage the country’s external...

Work on National E-commerce Policy underway

The State Bank of Pakistan (SBP) Governor Ashraf Mahmood Wathra has announced on Thursday that the Ministry of Commerce and SBP are devising...

Four companies to become operational in Gwadar by year-end

The federal government has stated that as many as four companies will become operational in Gwadar by year end. It was announced by...

Govt shows resistance against settling circular debt

In the wake of a shortage of cash, struggling to keep the budget deficit target of 3.8 pc, the government seems to...

CPEC to boost trade activities in country, region: President

President Mamnoon Hussain on Wednesday stated the completion of China-Pakistan Economic Corridor (CPEC) would bolster trade and business activities in the country...

40pc decline registered in non-textile exports

Data released by the Pakistan Bureau of Statistics (PBS) revealed that exports of non-textile products registered a decline of 39.7 pc during...

MCB holds 69th annual shareholders’ meeting in Lahore

The 69th Annual General Meeting of the shareholders of MCB Bank Limited was held on March 29, 2017 at Pearl Continental Hotel,...

Deputy Governor SBP for strengthening of financial stability framework

Deputy Governor State Bank of Pakistan (SBP) Riaz Riazuddin stressed on administering risks to ensure stability of the financial sector for maintaining...

PM urges Chinese investors to benefit from Pakistan’s liberal policies

Prime Minister Muhammad Nawaz Sharif on Tuesday said Pakistan’s strategic location makes it Asia’s premier trade, energy and transport corridor and invited...