Tag: State Bank of Pakistan

Banks need to modify business models to capitalise on CPEC: SBP

PAR Dec 13, 2017 0

KARACHI: In order to deliver better performance, banks need to calibrate the changing macroeconomic environment in their business models to capitalize...

Pakistan's CPEC is the centerpiece to the Belt and Road Initiative: Senator Mushahid

PAR Nov 16, 2017 0

KARACHI: One of the main challenges facing Pakistan is the battle of ideas, a battle of narratives and think tanks are pivotal in this regard, said Se...

Bank of China's 1st branch launched in Pakistan

PAR Nov 8, 2017 0

Bank of China has formally launched its operations in Pakistan, with its first branch inaugurated in Karachi on Tuesday. Bank of China Chairman Chen...

CPEC a good strategic option: Ishrat Hussain

PAR Oct 12, 2017 0

KARACHI: Former president of the State Bank of Pakistan Dr Ishrat Hussain said on Wednesday that the China Pakistan Economic Corridor is a good strate...

SBP Targets 4.27 Million Farmers with its Agri Credit Outreach Program

par Aug 28, 2017 0

The State Bank of Pakistan (SBP) has enhanced the credit outreach target to farmers by one million to 4.27 million in the current financial year 2017-...

China has urged its enterprises to invest in Pakistan

PAR Jul 29, 2017 0

BEIJING: China has reiterated to Chinese enterprises to invest and open up business in Pakistan and forge mutually beneficial cooperation. Chinese Fo...

PTEA criticises non-payment of tax rebates and duty drawback

par Jul 26, 2017 0

FAISALABAD: The Pakistan Textile Exporters Association (PTEA) has expressed concern over non-release of funds for payment of incentives announced unde...

Current account deficit widens 148pc to $12.098bln in FY17

PAR Jul 20, 2017 0

KARACHI: The country’s current account deficit hit 4 percent of GDP for the last fiscal year, surpassing the annual targets of the government, State B...

APTMA rejects federal budget

PAR Jun 1, 2017 0

All Pakistan Textile Mills Association (APTMA) on Wednesday rejected the proposed Federal Budget 2017-18. The government is not serious in implementin...

Urea export increases to 0.6 million metric tons

PAR May 25, 2017 0

In order to facilitate the domestic fertiliser producers, the federal government has enhance urea quota 100 percent to 0.6 million. According to State...

Potentials of Pak-Iran trade

par May 11, 2017 0

According to newspaper reports, the consul general of Iran has expressed the desire to enhance trade between Pakistan and Iran up to $5 billion per ye...

Budget proposals for 2017-18: NA body to meet on April 26

PAR Apr 19, 2017 0

The National Assembly Standing Committee on Finance will hold a meeting on April 26 on budget proposals received from various sectors for onward submi...

Customs Court approves physical remand of woman involved in currency smuggling case

PAR Apr 12, 2017 0

KARACHI: Customs Court Judge Syed Faiz Rasool Rashdi has remanded Fehmida, wife of Muhammad Karim, to customs custody till April 15, 2017. The suspect...

Export of Sugar - EPD Circular Letter No. 10 of 2017

PAR Apr 10, 2017 0

Authorized Dealers (ADs) may find enclosed Ministry of Commerce’s Office Memorandum No. 7(2)/2012-Exp.III dated March 30, 2017 regarding the above sub...

APTMA Punjab urges government to bear Rs 3.63 electricity surcharge

PAR Apr 5, 2017 0

The All Pakistan Textile Mills Association (APTMA) Punjab Chairman Syed Ali Ahsan has urged the Punjab government to take the burden of Rs 3.63 electr...