Stories from Salman Siddiqui
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Centralised Gateway Portal on cards
It will allow investors to open centralised digital accounts in no time
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KE reports first loss in 12 years
Attributes Rs31b in losses to rising power prices, inflation, cost of borrowing
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Returns on NPCs increased
Raised by up to 6 percentage points on foreign and local currency-based bonds
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C/A deficit shrinks 79% over stagnant imports
Stands at $160 million as exports of goods and services improve
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SBP surprisingly leaves rate on hold
Says inflation has peaked out, leaving no room for rate hike, at least for now
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SBP keeps policy rate unchanged at 22% against expectations
Bank says decision takes into account latest inflation outturn, reflecting continuous decline in trend
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PSX prepares for 'largish IPO' as high interest rates loom
MD says three to four companies in queue to raise equity from PSX
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UBL to sell entire stake in UNBL UK
Plans to establish currency exchange company in Pakistan
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Sharp drop in worker remittances
Inflows dipped 24% to $2.09b in Aug as illegal networks attract more money
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Govt set to secure massive domestic borrowing of Rs11.04tr
Decision comes as banks increase lending rates to historic average of 25%