Bank Of Canada Maintains Policy Rate, Continues Quantitative Tightening
The Bank of Canada on December 06, 2023, held its target for the overnight rate at 5 percent, with the…
SBP Issues Instructions For Enabling ‘RAAST’ Person To Merchant Service
State Bank of Pakistan on December 06, 2023, has issued instructions to its Regulated Entities (REs) for enabling RAAST Person-to-Merchant…
PBA Addresses FBR’s Real-Time Information Access Proposal with Formal Response
The Pakistan Banks’ Association (PBA) convened an urgent meeting of its Accounting & Taxation Subcommittee to deliberate on the Federal…
PBA Expands Digital Presence with Launch of Official Social Media Channels
The Pakistan Banks’ Association (PBA) has taken a significant stride towards enhancing its digital outreach by launching its official social…
Google and Canada Reach Deal to Avert News Ban over Online News Act
Google has reached a deal with Canada to avert a news blockade over a law that forces tech giants to…
US Economy Grows 5.2 percent in Third Quarter; Higher Interest Rates Eroding Momentum
The US economy grew faster than initially thought in the third quarter as businesses built more warehouses and accumulated machinery…
Pakistan to Reaffirm Commitment, WB’s to Support People of Pakistan
The World Bank’s Regional Vice President for South Asia, Martin Raiser, is in Pakistan to reaffirm the Bank’s commitment to…
ADB Approves $180 million for Water Supply Improvement, Solid Waste Management
The Asian Development Bank (ADB) on November 28, 2023, has approved a $180 million loan to improve water supply and…
Kuwait Deals To Add To Inward FDI Flows
Pakistan has signed seven agreements and three Memorandums of Understanding with Kuwait to attract huge investment in various sectors. The…
Pakistan Banking Awards 2023 Organized by IBP, Dawn Media Pvt. Ltd. & A. F. Ferguson & Co.
The 8th Pakistan Banking Awards ceremony 2023, recognized as the most prestigious and highest accolade in Pakistan’s banking sector was…