COMPLIANCE [dropcap]C[/dropcap]ompliance function at banks continuously strives for improving the compliance environment and minimizing compliance risk for the institutions through…
Year: 2017
[dropcap]I[/dropcap]n wake of the US move against a Pakistani bank in New York, Pakistan needs to establish and strengthen its…
[dropcap]W[/dropcap]ith the growing menace of drug trafficking, money laundering and financing of terrorist outfit, all around the world governments want…
[box type=”info” align=”” class=”” width=””]Neha Makwana & Muhammad Kazmi, Hansuke Consulting Limited, UK[/box] Autumn 2016 saw the HMRC publish an…
Current growth rate of this sector is larger than the growth rate of industrial and agriculture [dropcap]S[/dropcap]ervices sector, which according…
[dropcap]I[/dropcap]n 2014, the Organization for Economic Co-operation and Development (OECD) established the Common Reporting Standard (CRS), laying the groundwork for…
[dropcap]I[/dropcap]n August, the New York State Department of Financial Services (DFS) sought to impose about $630 million penalty on HBL’s…
Burdensome taxation system benefits the rich rather than poor and deprived [dropcap]T[/dropcap]he evasion of tax is one of the much…
[dropcap]A[/dropcap]nalysts are of the consensus that those who wish to borrow money from the commercial banks have no option but…
[dropcap]P[/dropcap]akistan has signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters of the Organization for Economic Cooperation and…
[dropcap]T[/dropcap]he international community loses hundreds of billions of dollars every year due to trade-based money laundering whereas Pakistan loses $10…
Backing to Islamic banking admirable, but much work still needs to be done Interview with Mr. Irfan Siddiqui — President…
SBP rightly supervising to check risk of compliance in the banking sector Interview with Mr. Naim Farooqui –CEO, Sindh Modaraba…
PAKISTAN MARKET INDICATOR EXCHANGE RATES Currency Activity Friday 15-Sep Friday 22-Sep Thursday 28-Sep Friday 6-Oct Friday 13-Oct Friday 20-Oct DOLLAR…
CREDIT/LOANS CLASSIFIED BY BORROWERS (Million Rupees) (Outstanding position at the end of month) Description June-16 Sep-16 June-17 Sep-17P 1. Credit…
[dropcap]I[/dropcap]nternational experts have revealed that the worldwide Islamic funds market gaining favorable prospects as several growth drivers are expecting to…
[dropcap]V[/dropcap]arious researchers have revealed that the banking and financial sector progress is mandatory for economic development in any country. Pakistani…
GBP/USD WEEKLY OVERVIEW The Pound showed lower trend throughout this week due to unexpected sharp slowdown retail sales data coupled…
OPTIMISTIC STREAK CONTINUES AT PSX The stock market continued to be on the positive streak and finished last trading day…
MARKET REVIEW During the week, stock market gained 2,241pts to close at 42,088, up by 5.6%WoW as political noise subsided…
BAILOUT EXPECTATION BLOSSOM ON POSITIVE STREAK WITH STOCK GAINING ABOVE 42,000 LEVEL SUMMARY The stock market which was trailing below…
POSITIVE TREND TO CONTINUE; RESULTS SEASON WILL SHORE UP ACTIVITIES Pakistan Stock Exchange (PSX) posted broad based recovery during the…
PAKISTAN: DUBAI POLICE FORCE ADDS HOVERBIKES FOR EMERGENCY RESPONSE: Dubai is transforming into “Future City”, to get one step near…
VALUE OF EXPO 2020 DUBAI-LINKED PROJECTS HITS DH122B The value of all projects related to Expo 2020 Dubai has touched…
OIL MARKETS FIRM ON TIGHTER US PRODUCTION, OPEC CUT Oil prices were firm on Thursday, supported by ongoing supply cuts…
MEDIUM RANGE FREIGHT RATES TOUCH YEAR LOW Freight rates for Medium Range tankers have dropped and are again teetering on…
STATE BANK LAUDS IMPROVED SECURITY’S IMPACT ON ECONOMY State Bank of Pakistan (SBP) Deputy Governor Jameel Ahmad, while appreciating the…
INDIA’S OIL IMPORTS HIT RECORD HIGH IN SEPTEMBER NEW DELHI: India imported a record 4.83 million barrels per day (bpd)…
[dropcap]P[/dropcap]RACTICE COMES FIRST DECISION MAKERS NEED TO FACTOR INTO THEIR PRESENT DECISIONS THE “FUTURE THAT HAS ALREADY HAPPENED.” Decision makers…
UBER PAKISTAN PARTNERS WITH SHAUKAT KHANUM CANCER HOSPITAL AND RESEARCH CENTRE Uber, the international smartphone app that seamlessly connects riders…
[dropcap]I[/dropcap]t is one of the best known lagging indicators. The consumer price index expresses the current prices of a basket…
[dropcap]T[/dropcap]he balance of trade compares the value of a country’s exports of goods and services against its imports. When exports…
[dropcap]K[/dropcap]ibor rate is the average interest rate at which term deposits are offered between prime banks in the Pakistani wholesale…
[dropcap]A[/dropcap]n economic indicator is a statistic about an economic activity. Economic indicators allow analysis of economic performance and predictions of…
[dropcap]D[/dropcap]emographic is the study of a population based on factors such as age, race and sex, among others. Governments, corporations…
[dropcap]I[/dropcap]nflation is a sustained increase in the general level of prices of goods and services in an economy. When the…
[dropcap]A[/dropcap]n interest rate is the cost of borrowing money, or conversely, the income earned from lending money. Interest rates are…
[box type=”info” align=”” class=”” width=””]Briony Harris Formative Content[/box] [dropcap]C[/dropcap]hinese unicorns are on the rise. Unicorns – privately owned tech start-ups…
[box type=”info” align=”” class=”” width=””]Bhaskar Chakravorti Senior Associate Dean, International Business & Finance at The Fletcher School, Tufts University Ravi…
[box type=”info” align=”” class=”” width=””]Briony Harris Formative Content[/box] [dropcap]N[/dropcap]orway’s sovereign wealth fund, the largest in the world, has just exceeded $1…
[box type=”info” align=”” class=”” width=””]Viktor Weber Founder & Director, Future Real Estate Institute[/box] [dropcap]A[/dropcap]utomation is a topic on which most…
[box type=”info” align=”” class=”” width=””]Natalie Wolchover Senior Writer[/box] A new idea called the “information bottleneck” is helping to explain the…
[box type=”info” align=”” class=”” width=””]Christine Cole, Nottingham Trent University[/box] [dropcap]T[/dropcap]he dominant position that China holds in global manufacturing means that…
[box type=”info” align=”” class=”” width=””]Jinghan Zeng, Royal Holloway[/box] [dropcap]I[/dropcap]n 1793, in his letter to Britain’s King George III, China’s Qianlong…
[box type=”info” align=”” class=”” width=””]Larisa Yarovaya, Anglia Ruskin University[/box] [dropcap]I[/dropcap]slamic finance is enjoying a surge in popularity, with 14% annual…
[box type=”info” align=”” class=”” width=””]Daphne Martschenko, University of Cambridge[/box] John, 12-years-old, is three times as old as his brother. How…