Stories from Kazim Alam
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Post-withholding tax: People reduced using cheques to avoid levy
Rs11.8t passed through SBP Clearing House in July-December compared to Rs13.5t in January-June 2015
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NBP to exit from offering remittance service in US
Decision taken in view of ‘current regulatory landscape in US’
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Riskless banking continues, lending thrown on back seat
Banks’ advances-to-deposits ratio goes down to 46.4%, profitability rises
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The Big Five and their top executives’ total salary
NBP president gets highest raise despite share price plunging 22%
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Non-performing loans stunted
Amount to Rs605.1b in 2015 despite increase in advances
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Treading with caution in trade with Iran
Banking channels to be established, but transactions in dollars to be avoided
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Securing workforce: Address stunting in children immediately, says WB president
Says Pakistan may lose half of its workforce in 15 years otherwise
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Big Six to collectively post record profit of Rs130b
Rise comes despite significant regulatory, tax policy changes introduced last year
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Monetary policy: SBP maintains benchmark interest rate at 6%
Expects average inflation in 2015-16 to remain between 3% and 4%
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Pakistan one of top 3 in Chevron’s portfolio
Company official says Rs2 billion to be injected into country’s business