Business & Finance - Pakistan

Pakistan, India seek to lift some curbs to help millions hit by coronavirus lockdowns

Pakistan, India seek to lift some curbs to help millions hit by coronavirus lockdowns

Prime Minister Narendra Modi ordered the population of 1.3 billion to keep indoors for 19 days more after a strict three-week lockdown, saying it...

Pakistan, India plan to restart some economic activity during coronavirus lockdown

Pakistan, India plan to restart some economic activity during coronavirus lockdown

The shutdown has left millions of people without work and the World Bank forecast India’s economic growth could drop to 1.5% to 2.8% in...

PMA Sindh JAC meeting held

PMA Sindh JAC meeting held

[caption id="attachment_458372" align="alignnone" width="1024"] To get the problems of doctors of Sindh especially in present pandemic of coronavirus a meeting of Joint Action Committee of...

SBP announces relief package for households, businesses to cushion COVID-19 impact

SBP announces relief package for households, businesses to cushion COVID-19 impact

The central bank has increased the bank’s overall pool of loanable funds. The regulatory limit on the extension of credit to SMEs has been...

SECP relaxes regulatory deadline amid COVID-19 concerns

SECP relaxes regulatory deadline amid COVID-19 concerns

SECP has relaxed the regulatory deadlines under the Companies Act. In order to facilitate companies and businesses in dealing with current crises due to the...

Pakistan Stock Exchange launches first-ever ETFs

Pakistan Stock Exchange launches first-ever ETFs

The ETFs are investment products combining the returns offered by the stock market with the diversity offered by a mutual fund. The bourse has...

SBP urges customers to avoid currency notes transaction amid coronavirus spread

SBP urges customers to avoid currency notes transaction amid coronavirus spread

SBP is continuously engaged with the industry to understand issues and challenges and formulate a policy response accordingly. Pakistan central bank encourages customers to...

Electric vehicle push struggles to accelerate in Pakistan amid traditional automakers pushback

Electric vehicle push struggles to accelerate in Pakistan amid traditional automakers pushback

Transport accounts for more than 40% of the air pollution produced in Pakistan, according to data from the country’s climate change ministry. Pakistan generates...

IMF agreement, falling oil prices a ‘blessing in disguise’ for Pakistan, says expert

IMF agreement, falling oil prices a ‘blessing in disguise’ for Pakistan, says expert

There are prospects that oil may fall to $30 per barrel and inflation decline to six percent, just like in the previous government, says...

Pakistan’s continuous stay on FATF grey list a ‘credit negative’ for its banks: Moody’s

Pakistan’s continuous stay on FATF grey list a ‘credit negative’ for its banks: Moody’s

The announcement is credit negative for Pakistani banks because it raises questions about potential additional restrictions relating to banks’ foreign-currency clearing service, says Moody. ...

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