Money

Pakistan’s 10-year bond's yield at 2.5-year low
Top Stories

Pakistan’s 10-year bond's yield at 2.5-year low

Yields on 10-year bond drop by 19 bps, SBP sells PIBs worth PKR 350 billion

Visa launches flexible payments in UAE, US
UAE

Visa launches flexible payments in UAE, US

New partnership with Liv Bank aims to meet the growing demand for versatile payment options as the UAE accelerates its digital economy.

Done with budgeting? Here are the basics of investing
Videos

Done with budgeting? Here are the basics of investing

Watch for a breakdown of the different asset classes you can invest in and how to stop your money from losing its value

KIBOR shows modest decline despite central bank's interest rate cut
Business

KIBOR shows modest decline despite central bank's interest rate cut

In June Pakistan recorded its highest interest rate at 22%, with KIBOR at 25%

Shark Tank Pakistan elicits comparisons with the Indian version
Pakistan Lifestyle

Shark Tank Pakistan elicits comparisons with the Indian version

Highly anticipated show premieres November 3 on Green Entertainment

Bitcoin nears record high ahead of US election
Top Stories

Bitcoin nears record high ahead of US election

The cryptocurrency's recent rally is being dubbed the "Trump trade" by some market watchers

How to Money: What's the way to fight inflation?
Videos

How to Money: What's the way to fight inflation?

While you can cut your expenses to manage when inflation is high, it helps only up to a point

How To Money with Shuja Qureshi Episode 1
Videos

How To Money with Shuja Qureshi Episode 1

In the inaugural episode, Shuja starts with the basics

Bridging the retirement divide: Insights from the International Pension Gap Index
World

Bridging the retirement divide: Insights from the International Pension Gap Index

Disparities in global retirement systems highlight the importance of early savings and investment strategies for securing financial stability in old age.

Pakistan to implement agricultural income tax by July 2025
Business

Pakistan to implement agricultural income tax by July 2025

The agricultural income tax rates will align with the personal income tax

Pakistan govt buys back another PKR 475 billion worth of T-b​ills
Business

Pakistan govt buys back another PKR 475 billion worth of T-b​ills

Yields dropped significantly, with 1-year T-bills falling from 23% to 14%

Pakistan’s central bank increases financing limits for SMEs
Business

Pakistan’s central bank increases financing limits for SMEs

Small enterprises can obtain loans of up to PKR 100 million

SBP to integrate Raast with Arab Monetary Fund’s Buna for easier remittances
Business

SBP to integrate Raast with Arab Monetary Fund’s Buna for easier remittances

With 38 million unique Raast IDs, the system now handles an average of 2.5 million transactions daily

Deposit Protection Corporation increases guarantee amount to PKR 1.0 million
Business

Deposit Protection Corporation increases guarantee amount to PKR 1.0 million

The Deposit Protection Corporation (DPC) has announced an increase in the guarantee amount for eligible depositors of its member banks, raising it from PKR 500,000 to PKR 1,000,000. This change, effective from October 1, 2024, was approved by the Corporation's Board of Directors.

With this enhancement, approximately 96% of eligible depositors will now receive full protection. The primary goal of the deposit protection scheme is to safeguard depositors' interests and boost their confidence in the banking sector, thereby contributing to the country's financial stability.

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Pakistan savings rates decline by up to 122bps
Business

Pakistan savings rates decline by up to 122bps

This is mainly due to a decline in the cut-off yields of Pakistan Investment Bonds

How much have Pakistan's savings rates declined from their peak?
Business

How much have Pakistan's savings rates declined from their peak?

The rates are expected to decline further after the benchmark policy rate is slashed

How you can reduce tax deducted from your salary
Urdu

How you can reduce tax deducted from your salary

It can be reduced by up to 20%