Pakistan’s Liquid Foreign Reserves Position
The total liquid foreign reserves held by the country stood at US$ 12,068.4 million as of 15-Dec-2023. The break-up of the foreign reserves position is as under: Foreign reserves held by the State Bank...
View ArticleIoBM wins Doubles Badminton title at the HEC Intervarsity Championship
Karachi: The Institute of Business Management (IoBM) organized the HEC Interuniversity Zone-M Badminton Boys Championship 2023-24, which took place from December 19 to December 21, 2023. The...
View ArticleEFP Urges Sindh Chief Minister for Action Against Violation of Labor Laws by...
Karachi: The Employers’ Federation of Pakistan (EFP) has strongly noted a news item alleging that the Sindh Solid Waste Management Board, along with its foreign contractors and sub-contractors, is...
View ArticleSalt Industry in Peril: Manufacturers Seek Urgent Govt’s Intervention Amid...
Karachi: The salt export industry in Pakistan is teetering on the brink of collapse, casting a daunting shadow over businesses, particularly within the salt sector. The Salt Manufacturers Association...
View ArticleSBP releases Governor’s Annual Report 2022-23
The fiscal year 2023 was extraordinarily challenging, with a host of external and domestic shocks, amplified by lingering structural weaknesses, contributing to persistently high inflation amid a...
View ArticleOPENING OF BRANCHES FOR COLLECTION OF GOVERNMENT RECEIPTS / DUTIES / TAXES ON...
To facilitate the taxpayers in payment of Government duties / taxes, it has been decided that branches of all banks that are open on Saturday shall observe extended working hours till 5:00pm on...
View ArticleSBP launches SUNWAI – A Facilitative Portal for Consumer Complaints
In continuation of ongoing efforts to strengthen the banking sector’s efficiency and fairness in complaints handling and to address the issues faced by banking customers in complaints lodgment, the...
View ArticleBank Holiday
The State Bank of Pakistan will remain closed for public dealing on Monday, January 01, 2024, which will be observed as ‘Bank Holiday’. All banks / DFIs / MFBs shall, therefore, remain closed for...
View ArticlePakistan’s Liquid Foreign Reserves Position
The total liquid foreign reserves held by the country stood at US$ 12,855.7 million as of 22-Dec-2023. The break-up of the foreign reserves position is as under: i) Foreign reserves held by the State...
View ArticleSindh Governor Kamran Khan Tessori support the initiative of Ride to Donate...
Karachi: In a ceremony dedicated to the distribution of winter kits to the underprivileged, Governor Sindh, Kamran Khan Tessori, lauded the praiseworthy efforts of inDrive and JDC in their joint...
View ArticleEnvoy advises business community to diversify exports to Germany
KARACHI: Consul General of Germany Dr. Ruediger Lotz has said that the textile sector was very important when it comes to bilateral trade as 85 percent of Pakistan’s exports to Germany comprises of...
View ArticleFPCCI elections, the BMP Progressive has emerged as a powerful party in...
KARACHI: Adeel Siddiqui, Coordinator of Businessmen Panel Progressive (BMPP), attributed the clean sweep in the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) elections to the...
View ArticleMobilink Bank closes 2023 with 41% increase in MSME Disbursements
Islamabad: Mobilink Bank stood out for its commitment to empowering Micro, Small, and Medium Enterprises (MSMEs), constituting a significant 36% of its total loan portfolio and a noteworthy MSME Growth...
View ArticleAshfaq Yusuf Tola Honored as Vice President of the South Asian Federation of...
KARACHI: Ashfaq Yusuf Tola has been elected as the Vice President of the South Asian Federation of Accountants (SAFA) in its annual elections, which include member countries such as Pakistan,...
View ArticleSECP organizes workshop on capital markets
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) held a capacity building workshop for journalists at its head office, focusing on equity trading at the Pakistan Stock Exchange,...
View ArticlePakistan’s Liquid Foreign Reserves Position
The total liquid foreign reserves held by the country stood at US$ 13,220.6 million as of 29-Dec-2023. The break-up of the foreign reserves position is as under: i) Foreign reserves held by the State...
View ArticleResult of SBP OMO Injection January 5, 2024
Result of SBP Open Market Operations (OMO)-Injection Result of SBP Open Market Operations (OMO)-Injection Result of SBP Shariah Compliant (OMO)-Injection Result of SBP Shariah Compliant (OMO)-Injection...
View ArticleABHI and foodpanda Collaboration: A Game-Changer for Home Chefs in Pakistan
KARACHI: In the throes of the COVID-19 pandemic, while many businesses struggled to stay afloat, a heartening story of resilience and entrepreneurial spirit emerged from Lahore, Pakistan. Shamshad...
View ArticleMTB & PIB (Floater) Auction Result Jan 10 2024
MTB Auction Result for WEB MTB Auction Result for WEB PIB Floater-Quarterly Web Result PIB Floater-Quarterly Web Result PIB Floater-Semi Annual Web Result PIB Floater-Semi Annual Web Result The post...
View ArticlePress Release of Worker’s Remittances in December 2023
Workers’ remittances recorded an inflow of US$2.4 billion during Dec 23. In terms of growth, during Dec 23, remittances increased by 5.4 percent on m/m and 13.4 percent on y/y basis. Workers’...
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