Pakistan Customs, Tax, Shipping & Business News Resource
The State Bank of Pakistan (“SBP”) and its subsidiaries disclaim responsibility for any private publication or statement by any individual. The views expressed in this email are those of the…
Workers’ remittances maintained their strong momentum for the seventh consecutive month in December. Remittances rose further to $2.4 billion, growing by 16.2 percent on a year-on-year basis and 4.2 percent…
In order to facilitate the collection of the government receipts/duties/taxes, it has been decided that the field offices of SBP Banking Services Corporation (SBP BSC) and authorized branches of National…
The State Bank of Pakistan (“SBP”) and its subsidiaries disclaim responsibility for any private publication or statement by any individual. The views expressed in this email are those of the…
Karachi (PR) Mian Anjum Nisar President “The Federation of Pakistan Chambers of Commerce and Industry” (FPCCI) and Shaikh Sultan Rehman Vice President applaud The State Bank of Pakistan for the…
The President of Pakistan, Dr. Arif Alvi, has appreciated the Governor State Bank of Pakistan (SBP), Dr. Reza Baqir, for leading the initiatives of SBP in the areas of women…
The State Bank of Pakistan (“SBP”) and its subsidiaries disclaim responsibility for any private publication or statement by any individual. The views expressed in this email are those of the…
State Bank of Pakistan (SBP) has issued regulatory framework to facilitate Business-to-Consumer (B2C) e-Commerce exports from Pakistan. Under the new regulatory framework, the mandatory requirement of ‘Export’ (E) form has…
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…
1. At its meeting on 23rd November 2020, the Monetary Policy Committee (MPC) decided to maintain the policy rate at 7 percent. The MPC noted that since the last meeting…
KARACHI: State Bank of Pakistan is constantly providing enabling regulatory environment to promote housing and construction finance. T his is an important sector that has significant economic linkages with other…
The Monetary Policy Committee of SBP will meet on Monday, November 23, 2020 at SBP Karachi to decide about Monetary Policy. Later on, SBP will issue the Monetary Policy Statement…
The State Bank of Pakistan released its Annual Report on the State of Pakistan’s Economy for the fiscal year 2019-20 today. According to the report, following difficult but necessary stabilization…
Prime Minister Imran Khan inaugurated the Naya Pakistan Certificates (NPCs) in a ceremony held in Islamabad today. Naya Pakistan Certificates is an initiative of Ministry of Finance and administered by…
SBP has today issued the Mid-Year Performance Review (MPR) of the Banking Sector for the year 2020. The review comprehensively covers the performance and soundness of the banking sector for…
The State Bank of Pakistan (SBP) has introduced a new mechanism to enable companies in Pakistan to conveniently remit out disinvestment proceeds to their foreign shareholders. The goal of this…
Karachi: The Board of Directors of Aisha Steel Mills Limited (ASL) announced the financial result for 1QFY21 today, where the company posted its highest ever quarterly profit since inception of…
The Board of Directors of Bank Alfalah Limited in its meeting held on October21, 2020, approved the Bank’s unaudited condensed interim financial statements for the period ended September 30, 2020.…
The State Bank of Pakistan (“SBP”) and its subsidiaries disclaim responsibility for any private publication or statement by any individual. The views expressed in this email are those of the…
Being the apex body of Trade & Industry of Pakistan, FPCCI is always available to address the issues faced by the business community, said Sheikh Sultan Rehman Vice President FPCCI…