Stories from Salman Siddiqui
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Bank customers gradually adopting digital channels
According to SBP, pace of e-banking growth sluggish compared to world trend
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P2M option deployed on Raast
Person-to-merchant payments will reduce use of cash, document economy
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Rupee continues winning streak, gains Rs1.06 against US dollar
With the latest surge, PKR cumulatively regained almost 6% or Rs17.30 in the past 15 working days to date
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Pakistan introduces eco-friendly VLSFO
Move allows resumption of fuel supply to vessels after four-year hiatus
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Pakistani fintech eyes UAE market
Over 450 local companies have adopted Abhi’s products
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Rupee strengthens further
With currency gains, inflation and petroleum prices may come down
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SBP brings incentives to attract remittances
Offers cash reward, higher TT charges to banks and exchange firms
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Rupee hits 5-week high below Rs295/$
Currency propped up by improved supply of dollars in market
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Banks may continue to make robust profit
Major expansion in balance sheet likely to be driven by investment in govt’s debt securities
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Record cotton production lifts textiles
Spikes 80% to 3.93 million bales in first two months of current season