A man reads the newspaper while selling betel leaves, cigarettes and sweets at a shop in Karachi. — Reuters/File A useful monetary policy to support economic activity: report. Forecasts weaken agricultural growth due to heavy rains. Wheat and Cotton Expected to Perform Poorly in FY2025. ISLAMABAD: The Asian Development Bank (ADB), in its recent publication, … Read more
A view of a textile factory in Pakistan. — Reuters/File Data shows that textile exports fell 3% to $1.27 billion in July 2024. Exports rise 13% to $1.64 billion in August FY25, the data showed. Textile exports recorded a reasonable increase of 18% to $1.61 billion in September. ISLAMABAD: A 10 percent increase in textile … Read more
A representative image of containers stored at a facility. — AFP/file KARACHI: Pakistan’s exports to the European Union (EU) increased by 14 per cent to $4.8 billion in the first five months of the current fiscal year, compared to $4.2 billion in the same period last year, official trade data showed. In November alone, exports … Read more
A currency dealer counts US dollar notes at a currency exchange office in Karachi on May 26, 2023. — PPI FDI flows in November jumped 27% to $219 million. China remains the leading investor with $469 million in FDI. The UK contributed $113 million from July to November. Pakistan’s net foreign direct investment (FDI) increased … Read more