Fly Emirates to Dubai and avail a complimentary stay
Karachi, Pakistan, Passengers travelling to Dubai with Emirates can now enjoy a 1 night complimentary stay when flying in Economy Class & 2 nights complimentary stay when flying Business or First...
View ArticleState Bank issues Advisory against Illegal offshore Foreign Exchange Trading...
State Bank of Pakistan (SBP) has noticed that an increasing number of offshore foreign exchange trading websites, mobile applications and platforms such as OctaFX, Easy Forex, etc. are offering their...
View ArticlePakistan’s Liquid Foreign Reserves Position
The total liquid foreign reserves held by the country stood at US$ 16,161.0 million as of 13-May-2022. The break-up of the foreign reserves position is as under:- Foreign reserves held by the State...
View ArticleEngro Fertilizers collaborates with Sindh Agriculture University for seminar...
Karachi: Engro Fertilizers, Pakistan’s premier seed-to-harvest solutions provider, has partnered with the Sindh Agriculture University, Tando Jam, to organize a mega seminar on cotton production...
View ArticleMonetary Policy Announcement
The Monetary Policy Committee of SBP will meet on Monday, May 23, 2022 at SBP Karachi to decide about the Monetary Policy. Later on, SBP will issue the Monetary Policy Statement through a press release...
View ArticleMonetary Policy Statement
1. At today’s meeting, the Monetary Policy Committee (MPC) decided to raise the policy rate by 150 basis points to 13.75 percent. This action, together with much needed fiscal consolidation, should...
View ArticleActing Governor SBP, Dr. Murtaza Syed inaugurates Meezan Roshan Digital Centre
Karachi: The Acting Governor State Bank of Pakistan (SBP) Dr. Murtaza Syed recently visited Meezan Bank’s Head Office in Karachi along with the Deputy Governor Ms. Sima Kamil and the Bank’s senior...
View ArticleAzfar Ahsan receives Global Visionary Award
DUBAI: Muhammad Azfar Ahsan, Founder and CEO Nutshell Group, and Founder Corporate Pakistan Group, received the “Global Visionary Award for Global Connectivity of Businesses and Communities” by the BSV...
View ArticleOPENING OF CONCERNED BRANCHES FOR COLLECTION OF GOVERNMENT...
In order to facilitate the collection of Government receipts / duties / taxes, it has been decided that the field offices of SBP Banking Services Corporation (SBP-BSC) and authorized branches of...
View ArticleNational Dialogue on Economy Charter of Economy is required to revive the...
KARACHI: Dr Miftah Ismail, Finance Minister, and Shaukat Tarin, former Finance Minister, agreed on forming a Charter of Economy among the political parties while putting aside political differences for...
View ArticleIndus Motor Stamps a Landmark 1 Million Vehicles Production
Karachi: Indus Motor Company (IMC) on 28th May 2022 announced a landmark achievement of having produced one million vehicles since it began mass production back in 1993. The one millionth unit, a...
View ArticleSBP unveils Easy Data, in a move aimed at supporting economic research and...
Efficient, timely and reliable data dissemination is a core undertaking of central banks across the world. Open data availability supports informed decision-making by households, firms, governments,...
View ArticleCDC ITMinds Limited signs an agreement with Pak Qatar Asset Management...
Karachi: ITMinds Limited (ITMinds), a wholly owned subsidiary of Central Depository Company of Pakistan Limited (CDCPL), has entered into outsourcing arrangement with Pak Qatar Asset Management Company...
View ArticleThe Government and SBP refute baseless claims circulating on social media...
The Government of Pakistan and the State Bank of Pakistan assure all account holders maintaining Foreign Currency Accounts (FCA), Roshan Digital Accounts (RDA) and Safety Deposit Lockers in banks in...
View ArticleNdcTech appoints Nutshell Communications as a strategic communications partner
NdcTech has entered into a strategic communication partnership with Nutshell Communications (Private) Limited. Nutshell Communications will provide external stakeholder engagement, corporate branding...
View ArticleSBP hosts Meetings of Islamic Financial Services Board
The State Bank of Pakistan (SBP) hosted the 40th Council Meeting and 20th General Assembly of the Islamic Financial Services Board (IFSB), on June 9, 2022. Governor SBP is currently the chairman of the...
View ArticleBudget 2022-23 seems balanced, but lacks long-term direction to economy: BMP
The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel (BMP) hailed the federal budget 2022-23, but warn of long-term impact on trade and industry, terming it a ‘partially...
View ArticleDenim International Gases signs contract with DOW University of Health...
Karachi: Denim International Gases, a leading manufacturer of International Standard Industrial and Medical gases, has signed a tender contract with DOW University of Health Sciences (DUHS), DOW...
View ArticleOver one million Nokia feature phones produced in Pakistan
HMD Global, the home of Nokia phones, has produced over one million locally assembled handsets in Pakistan: Karachi: HMD Global, the home of Nokia phones, has achieved the milestone of producing over...
View ArticleEngro partners with Pakistan Volleyball Federation to launch the Engro...
Lahore: With a vision to have broad representation of Pakistan in the Olympic Games, Engro has joined hands with Pakistan Volleyball Federation (PVF) to launch the Engro Volleyball Development Program....
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