sbp – ThePakistanInsights.com

SBP issues guidelines for regulatory sandbox

May 20, 2025

Pakistan receives 2nd tranche of $ 1.2b from IMF

May 14, 2025

SBP reduces interest rate to 11% with 100bps cut

May 5, 2025

PCC marks a new digital chapter for economy: Aurangzeb

March 23, 2025

Car Financing Sees First Rise in Over Two Years

October 19, 2024

State Bank of Pakistan slashes policy rate by 200 BPS amid falling inflation

September 12, 2024

UBL makes KIA Picanto ownership reality
KARACHI: The United Bank Limited (UBL) has introduced a new auto financing scheme, branded as UBL Drive, aimed at making car ownership more accessible and affordable for its customers. This offer specifically targets the KIA Picanto 1.0 AT, allowing buyers to purchase the vehicle with low upfront payment and convenient monthly installments.The initiative is part…
Trump’s Harvard foreign student ban rattles Asians on campus and beyond
TOKYO — The revocation of Harvard University’s right to enroll international students by U.S. President Donald Trump’s administration has shocked students across Asia, with experts warning of a prolonged impact on willingness to choose the U.S. as their destination. A Japanese graduate student at Harvard is anxiously questioning his ability to attend next week’s graduation…
Trump says talks with E.U. are ‘going nowhere,’ will implement 50% tariff in June
President Donald Trump on Friday threatened the European Union with a sweeping 50% tariff, posting that trade talks with the region are “going nowhere.” In a post to his Truth Social platform, Trump wrote that he was “recommending a straight 50% Tariff on the European Union, starting on June 1, 2025.” Trump’s post immediately sent…
Gold price surge by Rs 3500 per tola in Pakistan
KARACHI: Gold prices in Pakistan have once again witnessed a significant surge, continuing a trend of volatility in the local market. According to the All Pakistan Gems and Jewellers Association, the price of 24-karat gold increased by Rs. 3,500 per tola, bringing the new rate to Rs. 351,000 per tola. Similarly, the price of 10…
Pakistan denies airspace access to Kashmir-bound flight caught in storm
On The Ground newsletter: Get a weekly dispatch from our international correspondents Get a weekly dispatch from our international correspondents Get a weekly international news dispatch Pakistan reportedly rejected an Indian commercial flight crew’s request to enter its airspace to avoid turbulence after the aircraft was caught in a storm. The IndiGo flight from New…
Indonesia appoints controversial ex-general to run customs authority
JAKARTA — Indonesia’s Ministry of Finance has appointed several new high-ranking officials, including a controversial former lieutenant general to lead its Directorate General of Customs and Excise. Djaka Budhi Utama, whose early retirement from the milit was finalized last week, will replace longtime bureaucrat Askolani, who has been reassigned to the Directorate General of Fiscal…
Police arrest third woman accused of helping escaped Louisiana convicts
Louisiana State Police arrested a 59-year-old woman for allegedly helping 10 inmates break out of Orleans Parish Jail last week, the third woman arrested in connection with assisting the escape. Connie Weeden, a 59-year-old from Slidell, was arrested and charged with one count of being an accessory after the fact for allegedly “assisting the fugitives”…
Ministry of Interior approves deployment of Army for T20 series
LAHORE: The Federal Ministry of Interior has approved the deployment of Pakistan Army and Civil Armed Forces to ensure security arrangements for the upcoming T20 cricket series between Pakistan and Bangladesh. According to ministry sources, the deployment will be for security and protection duties. The Pakistan Army will be deployed under Article 245 of the…