Foreign direct investment to Pakistan drops 17% in first five months of FY2021: SBP

By Hamza Zakir ⏐ 5 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Foreign Direct Investment (FDI) to Pakistan has dropped to $717.1 million during the first five months of the fiscal year 2020-2021, according to data released…

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Pakistan’s industrial sector showing promising recovery: SBP

By Talha Ikram ⏐ 5 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

According to the State Bank of Pakistan (SBP), Pakistan’s industrial sector is back on track despite the rising COVID-19 cases in the country due to…

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Here is how “Blockchain” technology is revolutionizing the digital landscape of Pakistan

By guest author ⏐ 5 years ago ⏐ Newspaper Icon Newspaper Icon 5 min read

Any cryptocurrency and Blockchain enthusiast nowadays knows that Blockchain technology is the future. I will address the evolution and effect of Pakistan’s Blockchain technologies in…

China bails out Pakistan yet again, agrees to help pay off Saudi debt

By Hamza Zakir ⏐ 5 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

China has reportedly swooped in to help Pakistan pay off a debt yet again, by agreeing to immediately provide $1.5 billion in financing to pay…

Roshan Digital Account receives more than $7m in a single day

By Hamza Zakir ⏐ 5 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Roshan Digital Account (RDA) received a total of $7.7 million on December 9, which is the highest amount that has been obtained in a…

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Pakistan earned $444 Million in Q1 FY 2020-21 from ICT Services’ Export

By TechJuice ⏐ 5 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

In the latest statistics issued by the State Bank of Pakistan (SBP), Pakistan exported Telecommunications, Computer, and Information (ICT) Services worth $444 million in the…

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SBP reveals broadband penetration in Pakistan quadrupled over the last 5 years

By Talha Ikram ⏐ 5 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The State Bank of Pakistan (SBP) revealed in their special section on “Covid-19 and the Need to Boost Digital Connectivity in Pakistan” that broadband penetration…

SBP imposes ban on payment for subscribing to India’s Zee5 platform

By Hamza Zakir ⏐ 5 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The State Bank of Pakistan (SBP) has moved forward with a ban on payment for subscribing to Zee5, a popular Indian online streaming video platform…

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Pakistan’s Remittances continue to soar over $2 billion for 5 months

By TechJuice ⏐ 5 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

In a first, Pakistan’s workers’ remittances have been recorded over $2 billion for 5 consecutive months starting from June 2020 to October 2020 according to…

State Bank advises not to share personal information on fake calls

By Faisal Saeed ⏐ 6 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The State Bank of Pakistan (SBP) has asked the general public not to share personal information on fake calls. The SBP issued a statement on…

US Dollar hits another peak against Pakistani Rupee

By Faisal Saeed ⏐ 6 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Another bad news for Pakistanis. The US Dollar has reached another all-time high against the Pakistani Rupee today as it hit Rs. 161.50 in the…

Guide to get new currency notes for Eid-ul-Fitr 2019

By Faisal Saeed ⏐ 7 years ago ⏐ Newspaper Icon Newspaper Icon 3 min read

Good news for the people who are planning to give fresh currency notes as Eidi to their loved ones this Eid-ul-Fitr. The State Bank of…

State Bank to launch Innovation Challenge Facility to support tech solutions

By Faisal Saeed ⏐ 7 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

To promote innovation and to encourage financial institutions to upgrade their working to the latest technology, the State Bank of Pakistan (SBP) has announced to…

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