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SBP caps bank charges on digital sales of petroleum products to minimise burden on fuel stations – Business

ISLAMABAD: Following demands from petroleum dealers, the State Bank of Pakistan (SBP) has capped bank charges on sales of petroleum products through digital payment methods — including debit and credit cards and online transfers — to minimise the financial burden on fuel stations and promote digital inclusion. Under the decision, merchant discount rates (MDR) for…

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Moving beyond cane prices – Newspaper

Every year, as the sugarcane crushing season approaches, Pakistan finds itself trapped in the same debate. Farmers demand higher cane prices to offset rising production costs. Sugar mills argue that increased procurement prices make sugar commercially unviable. Governments intervene to broker settlements, while consumers brace for higher retail prices. By the end of the season,…

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