State Bank of Pakistan (SBP) Deputy Governor Dr Inayat Hussain has underscored the need for providing treasury professionals of financial institutions with the skills necessary to navigate the challenges of an evolving financial landscape. His remarks were delivered at the launch of the Treasury Management Certification, where he highlighted the pivotal role of continuous learning in ensuring t
The Pakistan pavilion emerged as a star attraction at the ongoing 30th China Lanzhou Investment and Trade Fair, showcasing a stunning array of handicrafts that captivated the hearts and minds of visitors from around the globe. The five-day event, which opened on July 6 and runs through July 10, provides a vibrant platform for businesses worldwide to showcase their offerings and forge new partne
Saudi Arabia raised a total of $12.35 billion from selling more shares in Aramco, after increasing the offering in the world’s most valuable oil company, a document seen by Reuters showed. The success of the share sale and additional proceeds will help further fuel Saudi Arabia’s ambitions to invest in new industries and wean its economy away from oil under its Vision 2030 plan. The kingdom
The country’s auto sales — cars, jeeps, sport utility vehicles and pickups — touched a 18-month high to 13,284 units during June 2024, showing a growth of 21 per cent month-on-month and 120pc year-on-year. In volumetric terms, MoM jump in car sales is primarily due to an increase in the sales of Indus Motors Company, which rose by 44pc to 2,957 units and Pak Suzuki Motor Company Ltd, which went
The government borrowed Rs3231 billion (Rs3.2 trillion) from scheduled banks during the last 45 days (May 15 to June 28) of the fiscal year 2023-24 despite a 30 per cent growth in revenue generation. The latest State Bank data shows that the government borrowed Rs71.8bn per day during the period, reflecting the government’s massive spending of the government. In the budget for FY25, the gove