Pakistan's imports during fiscal year 2025-26 (July-June) rose 8.15% in dollar terms to $69.76bn, compared to $64.51bn in the corresponding period of FY2024-25, according to the latest data issued by the Pakistan Bureau of Statistics (PBS). In rupee terms, the increase stood at 8.72%, with the import bill climbing to Rs19.59tr from Rs18.02tr a year earlier. The annual uptick shows sustained
Pakistan's textile exports grew by 0.26% YoY to $17.93bn in FY26, compared to $17.89bn in FY25, data issued by the Pakistan Bureau of Statistics (PBS) showed. On a yearly basis, textile exports fell 16.71% YoY to $1.27bn in June 2026. On a monthly basis, the exports declined 22.72% MoM, compared to $1.64bn recorded in May 2026. In June 2026, Textile Group products remained the major exporta
Asian shares fell on Thursday as chipmakers stumbled ahead of results from bellwether TSMC, while bonds benefited from another benign reading on US inflation that lessened the risk of an imminent rate hike. Oil prices, however, kept climbing as hostilities heated up in the Middle East. Washington continued striking Iran after reimposing a naval blockade of its ports, while Tehran warned of an
Pakistan is all set to host a two-day Pharmaceutical and Healthcare business-to-business (B2B)investment conference in Islamabad from 17-18 July aimed at promoting investment and industrial cooperation in the pharmaceutical, healthcare, and biotechnology sectors. This was stated by Federal Minister for National Health Services and Regulations, Syed Mustafa Kamal, while addressing a joint press
Governor State Bank of Pakistan (SBP), Jameel Ahmad, has welcomed the launch of the HBL, UnionPay International and PayPak co-badge debit card, describing the partnership as an important milestone in Pakistan’s journey toward a modern, resilient and inclusive digital payments ecosystem that supports the Prime Minister’s vision of a cashless Pakistan. Speaking at the launch ceremony, Governor SB