Business

SBP's revised schemes aim to increase remittance inflows via formal channels

Prices rise up to 19 cents on the news, further gains expected if IMF approves loan on September 25

Strategic agreements in agriculture and textiles bolster economic ties

Industrial units face issues in water supply, infrastructure, and security

Monetary easing, IMF progress, and strong remittances lift market sentiment

Plans $3 billion investment in projects, including clean energy and ethanol production

Discussions focus on trade, strategic partnerships, and Malaysian PM's upcoming visit

Says ship-breaking industry must prioritise worker safety, environment

SBP proposes performance-based remittance incentives, revising schemes to boost inflows and reduce TT charges.

Aim to increase presence of licensed fuel stations across 'Oil City'