The Pak Banker - 2024-04-09

• PIDE stresses urgent action to stabilize economy
• WB wants unified GST collection agency
• Mashreq Pakistan awaits a green light from SBP to start digital banking operations
• ‘Surprise’ hike in six-month T-bill rates despite sharp fall in inflation
• Military establishm­ent has ‘no other option’ but to have dialogue with Imran: PTI’s Raoof Hasan
• Saudi Arabia reiterates commitment to expedite $5b investment
• PSX soars to all-time high as it crosses 69,000 mark
• Edible oil production in country: Government­t urged to formulate 10-year policy
• China’s yuan weakens slightly against strong dollar
• Zimbabwe launches gold-backed currency to replace battered local dollar
• Egypt strives to lower public debt ratio to 80pc by mid-2027: minister
• Madrid ‘lacked courage’ against City, says Ancelotti before rematch
• Highly beneficial
• Parent company of UK's biggest water supplier defaults on $505m debt
• Sustainabi­lity of digital trade
• Targeting Chinese nationals
• Who to blame for the mess?
• Missing info
• Heroism of Ukraine
• Erdogan’s retirement announceme­nt may not be final
• Biden offers Arab Americans mere breadcrumb­s
• Manila must be warned against horrors of war
• Is Japan leaving pacifism behind?
• Russian use of North Korea arms in Ukraine a valuable battlefiel­d test: US general
• Trump rakes in $50m as fundraisin­g war with Biden heats up
• Kyiv, Moscow trade accusation­s of Zaporizhzh­ia nuclear plant attacks
• Israeli aggression in Gaza enters 7th month as truce negotiator­s in Cairo
• Muslims face dwindling representa­tion in Modi’s India
• Germany faces Gaza genocide case at top UN court
• Statevolt's $3.2b Ras Al Khaimah gigafactor­y to boost energy storage
• Passenger demand rises 21.5pc in February: IATA
• Tesla cancels affordable electric car, shifts focus to Robotaxis
• Meralco power rates expected to go down this month in Philippine­s
• Meta to start labeling AI-generated content in May
• US ‘will not accept’ flood of below-cost Chinese goods: Yellen
• ECB tipped to pause one last time before June rate cut
• Riyad Bank considerin­g IPO of its investment banking unit
• Policy-driven rent-seeking
• US, China to hold more financial shock exercises, Treasury officials say

The Pak Banker - 2024-04-08

The Pak Banker - 2024-04-13