Stories from Usman Hanif
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Banks need AI for faster onboarding
Digital inclusion outpaces financial literacy; AI can strengthen fraud detection
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AI chip race, taxes hurt mobile output
Cellphone production drops 35% in April amid rising costs, 18% GST
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Weekly inflation rate stands above 14%
US-Iran conflict fuels cost-of-living crisis amid oil market volatility
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Panda Bond raises hopes
Experts say move must ensure financial diversification not just add to debt pile
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$2b profit sent abroad in 10 months
Foreign companies repatriate $172m in April, up 42% YoY
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Import push C/A back into deficit
SBP data shows trade shortfall hits $324m in April, widening gap to 47% MoM
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Fuel, flour prices push SPI to 14.5%
WoW also jumps 0.47% on transport, food costs; raises fears for interest rates
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Phone costs lock 52% out of internet
Govt taxes phones like luxury goods while calling digitalisation national priority
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State Bank receives $1.3b IMF disbursement
Support continues amid structural reform conditions; gold up Rs1,100/tola
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Recovery reliant on imports not exports
SBP warns of structural weaknesses as exports, productivity lag; firms profiteering keeps inflation sticky









