Pakistan: The ebbing of foreign investment inflows
The statistics released by the SBP (State Bank of Pakistan) on foreign private investment inflows, direct and portfolio, reveal an almost catastrophic drop in these inflows in the last two…
Malaysia’s strongest card in multi-hub push could be Islamic finance
The country is not short of financial-hub options; the challenge is making them come together South-east Asia is building a new generation of financial centres to draw global capital. The…
Pakistan seeks $10bn US Exchange Stabilisation Support Facility, Aurangzeb confirms
Finance Minister Muhammad Aurangzeb has confirmed that Pakistan has formally sought a $10 billion Exchange Stabilisation Support Facility from the United States, saying the initiative is aimed at strengthening foreign…
Pakistan: Easypaisa and 5th Pillar Family Takaful launch Shariah-Compliant Umrah savings plan
easypaisa, Pakistan’s leading digital bank, has partnered with 5th Pillar Family Takaful to launch the 5th Pillar Family Takaful Umrah Savings Plan, a Shariah-compliant savings and protection solution that enables…
China’s central bank to conduct 1-trln-yuan outright reverse repo operation
The People’s Bank of China (PBOC), the country’s central bank, said Thursday that it will conduct a 1-trillion-yuan (about 147.3 billion U.S. dollars) outright reverse repo operation on Friday to…
Pakistan: Govt to support SMEs in adopting modern economic models: Cheema
Federal Minister for Economic Affairs Ahad Cheema has said the government is set to pursue a home-grown economic agenda that reflects Pakistan’s national priorities while ensuring macroeconomic stability. He stated…