Banking

KARACHI, September 9, 2026: Chairman of the Exchange Companies Association of Pakistan (ECAP) Malik Muhammad Bostan has said that the State Bank of Pakistan (SBP) purchased around $27 billion from the foreign exchange market over the past three years. He said the purchases were substantial and helped prevent the US …

KARACHI, September 9, 2026: Pakistan received US$3.7 billion in workers’ remittances during August 2026, according to the State Bank of Pakistan (SBP). Remittances increased by 16.5% year-on-year in August. They also rose by 0.7% month-on-month, showing continued growth in inflows from overseas Pakistanis. During the first two months of fiscal …

SBP Likely to Keep Policy Rate at 11.5% Amid Rising Inflation Risks

KARACHI: Industrialists in Karachi’s SITE industrial area have warned that repeated increases in petroleum prices are putting industries under severe pressure and threatening exports, investment and employment. SITE Association of Industry (SAI) President Abdul Rehman Fudda said rising fuel prices, expensive energy and heavy taxation were increasing production costs and …

KARACHI: Dow University of Health Sciences (DUHS) and Shaheed Mohtarma Benazir Bhutto Medical University (SMBBMU), Larkana, have signed a Memorandum of Understanding (MoU) to establish a Basic Life Support (BLS) training centre in Larkana. The new centre aims to strengthen emergency medical response and increase the number of healthcare professionals …

KARACHI, September 8, 2026: easypaisa digital bank and KTrade have partnered to make stock market investment easier and more accessible for millions of Pakistanis. Under the partnership, easypaisa users can open a KTrade Pakistan Stock Exchange (PSX) investment account directly through the easypaisa app. The fully digital process allows users …

KARACHI, September 8, 2026: BYD’s planned $150 million electric vehicle (EV) assembly plant in Gharo, Sindh, has faced another delay. The facility, being developed by Mega Motor Company and BYD, is now expected to become operational in the second half of 2026. The plant is expected to have an annual …

KARACHI, September 7, 2026: The Salt Manufacturers Association of Pakistan (SMAP), in collaboration with the National Vocational and Technical Training Commission (NAVTTC), has successfully completed the first phase of its youth skills development programme. The initiative aims to equip young Pakistanis with practical technical skills and entrepreneurial knowledge to help …

KARACHI, September 7, 2026: The All Pakistan Motorcycle Spare Parts Importers and Dealers Association (APMSPIDA) has announced its full and unanimous support for the Businessmen Group (BMG) in the upcoming elections of the Karachi Chamber of Commerce & Industry (KCCI) for the 2026–28 term. The decision was taken during an …

ISLAMABAD, September 7, 2026: The Securities and Exchange Commission of Pakistan (SECP) has approved a set of regulatory reforms aimed at further improving Pakistan’s performance under the World Bank Group’s Business Ready (B-READY) assessment. Pakistan already ranks 17th among 101 economies in the Business Entry category of the B-READY 2025 …