Karachi, July 15, 2019: Striving for growth and innovation since its inception on December 30, 2006, JS Bank has established itself as a leading financial sector institution within Pakistan. Its journey over the past twelve years has been one of the challenges, opportunities and the ever-greater success resulting in the Bank becoming the 13th largest bank in the…
Islamabad, July 15, 2019: The weekly inflation for the week ended on July 11, for the combined income group, witnessed an increase of 1.35 percent as compared to the previous week. The Sensitive Price Indicator (SPI) for the week under review in the combined group was recorded at 263.13 points against 259.63 points registered in…
Islamabad, July 15, 2019: The country’s services trade deficit narrowed by 28.22 per cent during the first eleven months of the current fiscal year compared to the corresponding period of last year. The services trade deficit during July-May (2018-19) was recorded at US$3.944 billion against the deficit of US$ 5.496 billion during July-May (2017-18), showing…
Islamabad, Jul 15, 2019: The exports of Plastic Materials from the country witnessed an increase of 31.34 percent during the first eleven months of fiscal year (2018-19) as against the exports of the corresponding period of last year. The Plastic Materials exports from the country were recorded at $290.431 million during July-May (2018-19) against the…
Karachi, July 15, 2019: The State Bank of Pakistan (SBP) is scheduled to announce its monetary policy on Tuesday, July 16, 2019. Arif Habib Research is expecting the central bank to increase its policy rate by 100bps to 13.25 percent. The primary reason for this increase in the policy rate, in our view, is to…