Tag Archives: Money

In a fresh move against money laundering in the country, the State Bank of Pakistan (SBP) has directed money-exchange companies to keep a record of any transaction worth $500 or more. As per the new instructions, exchange companies are required …

The State Bank of Pakistan (SBP) has asked all foreign exchange companies to make sure their business is in compliance with the anti money laundering rules and regulations and in this regards Forex Association of Pakistan (FAP) have come up …

Can money buy you happiness? It’s a longstanding question that has many different answers, depending on who you ask. Today’s chart approaches this fundamental question from a data-driven perspective, and it provides one potential solution: money does buy some happiness, …

From March 19 to March 23, the global video game industry will convene in San Francisco for the annual Game Developers Conference. Attracting more than 26,000 attendees, the event, organized by the UBM Game Network, is the largest forum for all …

Take three people. All are unmarried, 33-year-old women who live in the United States. One makes an annual salary of $40,000, another makes $120,000, and the third makes $200,000. Who do you think is the happiest? According to a recently released …

Apple, Google, Microsoft, Amazon and Facebook. All count among some of the biggest companies in the world, and all can be described as tech companies. Combined, they turned over almost $650 billion last year, but although they are in the …

Home remittances and money sent back by Pakistanis working abroad have financed the bulk of Pakistan’s trade deficit for the last many years. Remittance inflows, however substantial, continue to fall. Worker remittances have shown some unexpected improvement, and in the …

Despite around US$34 billion in funding and numerous microfinance initiatives to help entrepreneurs in the world’s poorest countries, informal moneylenders and predatory loan sharks continue to thrive. Designed to help alleviate poverty in some of the world’s poorest countries, microfinance …

A friend of mine was diagnosed with cancer a few years ago. He had two options. He could be treated, but it would cost him most or all of the money he had put aside for his family’s future. Or …

In the last year, the price of Bitcoin has increased from less than US$800 to more than US$12,000. This huge spike in value has many asking if it is a bubble or if the high price today is here to …