Pakistan’s forex reseves decrease by $74.70mn
According to data released by the State Bank of Pakistan (SBP), the total liquid foreign reserves held by the country stood at...
Tobacco worth $26.073m exported in FY 2017-18
ISLAMABAD: About 7,211 metric tons of tobacco worth $26.073 million exported during 12 months of the fiscal year 2017-18 as compared the...
NEPRA imposes Rs 5 million fine on GENCO-II
NEPRA has imposed a fine of Rs5 million on M/s Central Power Generation Company Limited GENCO-II, a government-owned power generation company.
The fine...
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
Seminar held on ‘Digital Diruption’ at KSBL
A guest speaker session was held on Saturday, July 28 in the Digital Entrepreneurship class conducted by Dr Shoaib Ul Haq ar...
Promising support, Japanese ambassador urges Pakistan to diversify its exports
KARACHI: The AmbasÂsador Extraordinary and Plenipotentiary of Japan to Pakistan Takashi Kurai has said that Japan and Pakistan have enjoyed mutually beneficial...
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...
Summit Bank running its day to day operations well, clarifies SBP
KARACHI: The State Bank of Pakistan (SBP) on Wednesday clarified that National Institutional Facilitation Technologies (NIFT), which provides clearing services for banks,...
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...