Singapore, 3 November 2020… The Monetary Authority of Singapore (MAS) announced today that it plans to discontinue the issuance of the $1,000 note from 1 […]
Low-cost housing: banks go all in
(Dawn News) Banks are urging low-income people to take out heavily subsidised housing loans in quarter-page newspaper ads on a daily basis now. Except the […]
Where is the rupee headed?
( Business Recorder) PKR has been appreciating against USD for the past two months. One reason is the USD depreciation against other currencies; but PKR […]
Pakistan tenders to buy 320,000 tonnes of wheat
(Web News) HAMBURG: A government agency in Pakistan has issued a new international tender to purchase and import 320,000 tonnes of wheat, European traders said […]
FATF satisfied with Pakistan progress but maintains grey list status for now
The Financial Action Task Force (FATF) has decided to maintain Pakistan’s status on its ‘grey list’ of countries with inadequate control over curbing money laundering […]
On the cards: Govt to introduce new law to give immunity to CPEC Authority from NAB, FIA probe
( (Karachi) In a latest move, a new law to replace defunct China Pakistan Economic Corridor (CPEC) Authority Ordinance will be introduced by the federal […]
FATF session: Why it’s important for Pakistan to get out of the ‘grey list’?
(Web Desk) As the Financial Action Task Force (FATF) virtual three-day plenary session is scheduled to begin from October 21 (today), all eyes are set […]
Bond auctions: Build long term market first
( Business Recorder) The cat and mouse game between the treasury offices of Q blocks and big banks continues. In a PIB auction earlier this week, […]
Regional transit trade isn’t enough to drive Pakistan’s Gwadar Port
(Web Desk) Landlocked Afghanistan has begun using the Chinese-operated Pakistani port of Gwadar for transit trade — a development Pakistani officials see as marking the […]
Asia-Pacific Group decides to keep Pakistan on enhanced follow-up list
Asia-Pacific Group decides to keep Pakistan on enhanced follow-up list