03

Dec

Currency dealers slam SBP remittance initiative

By: Shahid Iqbal Published in Dawn, December 3rd, 2019 KARACHI: The State Bank of Pakistan (SBP) on Thursday urged currency dealers to discuss measures to further improve remittances. The dealers, however, said the grey market has already taken more than 50 per cent of their business. “We have been invited by the SBP for improvement and incentives […]

02

Dec

SMOKERS’ CORNER: WHY DO EXPATS VOTE DIFFERENTLY?

By: Nadeem F. Paracha Published in Dawn, December 01, 2019 Some nine years ago when, I was heading the media department of a British organisation, I got the chance to observe how most British expats in Pakistan voted in the UK 2010 parliamentary elections. Even though most of the Karachi-based British expats that I managed to talk[…]

26

Nov

SBP allows freelancers to get up to $5,000 in payments

Salman Siddiqui Published in The Express Tribune, November 26th, 2019 KARACHI: The State Bank of Pakistan (SBP) has apparently devised a strategy to receive additional workers’ remittances of at least $1.2 billion per year, as it has allowed freelancers to receive foreign payments of up to $5,000 per individual per month. Earlier, the limit for such inward[…]