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Business
SBP brings incentives to attract remittances
KARACHI: The central bank has announced new incentives effective from June 1, 2023 to encourage banks and authorised exchange…
SBP grants approval to five digital retail banks
ISLAMABAD: In a move to drive financial inclusion and expand access to affordable digital financial services, the State Bank of…
Rice exports expected to exceed $3 billion in 2023
ISLAMABAD: The Rice Exporters Association of Pakistan (REAP) expressed optimism on Wednesday, stating that rice exports for the…
Aquatic product exporters eye expansion in China
BEIJING: Pakistani aquatic product exporters are increasingly benefiting from zero tariffs and a deeper understanding of the…
Defaulters owe DISCOs over Rs2tr
ISLAMABAD: The government appears to be highly concerned about the runaway circular debt that amounts to a staggering Rs2.3…
Pakistan to face highest inflation
ISLAMABAD: Pakistan’s economy stands out as an outlier in Asia, according to a new report that predicts the country will have the…
Crackdown against gas pilferers continues
LAHORE: In a continued effort to combat gas theft, Sui Northern Gas Pipelines Limited (SNGPL) conducted raids in Punjab,…
IT exports rise by 10% MoM
ISLAMABAD: Despite facing numerous challenges in the IT sector, Pakistan’s Information Technology (IT) exports for August 2023…
Decision on borrowing cost put off
ISLAMABAD: Pakistan on Tuesday deferred a decision on changing its benchmark rate for foreign borrowing to finance power projects…
Alvi urges collective efforts for social, economic advancement
KARACHI: President Dr Arif Alvi, on Tuesday, highlighted the need for collective efforts to address pressing issues such as…