In the latest report released by the State Bank of Pakistan (SBP), a promising trend emerges in the realm of remittances. Despite facing economic hurdles, the remittances sent by overseas Pakistanis have shown a notable increase, particularly in the month of February. This surge in remittance inflows comes as a glimmer of hope, indicating a…
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Recorder Report Published February 21, 2024 The Pakistani rupee marginally increased against the US dollar, appreciating 0.03% in the inter-bank market on Wednesday. At close, the local unit settled at 279.5, a gain of Re0.07 against the greenback, as per the State Bank of Pakistan (SBP). On Tuesday, the rupee slipped lower to settle at 279.57 against the US…
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BR Web Desk Published July 31, 2023 The bull run at the Pakistan Stock Exchange (PSX) continued as the benchmark KSE-100 crossed the 48,000 mark after a gain of over 1,000 points or 2.2% in early-morning trading on Monday. The index, which has on a positive run since Pakistan’s staff-level agreement with the International Monetary Fund (IMF), has…
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Read MoreBy Paul R. La Monica, CNN Business Updated 1707 GMT (0107 HKT) March 13, 2021 New York (CNN Business)Bitcoin prices continue to skyrocket. The cryptocurrency surpassed $60,000 on Saturday to hit a new high, just a few weeks after ittopped $50,000.Bitcoin (XBT) smashed through the $30,000 and $40,000 levels over a few days in January. Bitcoins in circulation are worth more than $1 trillion.Bitcoin…
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Web DeskMarch 2, 2021 KARACHI: The prices of property in the metropolis have skyrocketed with an unprecedented increase of 100 per cent. According to a report published by Geo.tv, the price hike has made it impossible for the common man to own a property. What is more, owing to an acute dearth of affordable housing, the…
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Shahram Haq February 07, 2021 LAHORE: Stakeholders of the construction industry have said that even though activities in the sector are getting streamlined, there remain a lot of problems that need to be addressed by the government to gain the desired results. The industry officials are of the view that is the only sector, which can…
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Salman Siddiqui February 25, 2021 KARACHI: The central bank is targeting to attract $1 billion from overseasPakistanis through Roshan Digital Accounts (RDA) as the first milestone in a long journey. A majority of the inflows are coming from Saudi Arabia and the United Arab Emirates (UAE). RDA has been a success story so far. Prime Minister…
Read MoreLatest Properties List Sector Size Number Remarks Demand E-12/1 25×40 1142-C 55 Lakh E-12/4 25×40 920 60 Lakh E-12/4 25×40 985 60 Lakh E-12/3 25×50 351 85 Lakh E-12/4 30×60 281 1 Crore 10 Lakh E-12/4 35×70 511 1 Crore 40 Lakh E-12/4 40×80 528 1 Crore 65…
Read MoreOwning a home is a keystone of wealth… both financial affluence and emotional security.