News

Textile exports to China show sustained strength

Pakistan's textile and apparel exports to China demonstrated resilience during January-November 2025, supported by steady demand for core textile inputs and a gradual expansion of value-added categories. According to the latest figures released by the General Administration of Customs of China (GACC), Pakistan's shipments across major textile and apparel product categories covered in the trade

Financial sector urged to undergo high-tech transformation

Renowned economist Professor Amir Sufi says that as global markets increasingly shift toward high-tech services, including information technology and professional scientific services, the financial sector must undergo a fundamental transformation to keep pace. He was speaking at the 25th Zahid Husain Memorial Lecture hosted by the State Bank of Pakistan (SBP).The lecture series, which honours t

Solar power growth creates challenges to national grid: expert

A Chinese energy expert has warned that the rapid expansion of decentralized solar power in Pakistan is placing additional pressure on the national grid and increasing costs for consumers who cannot afford solar systems. Prof. Dr Yixian Sun from the University of Bath, UK, said Pakistan has spent over USD 10 billion on solar imports without capturing industrial or economic spill-overs. He state

easypaisa announces global remittance partnership

easypaisa digital bank processed over 3.8 billion transactions in 2025 worth more than PKR 15 trillion, as it marked the first anniversary of its digital banking operations at its annual stakeholder dinner. The bank also announced a major step towards expanding Pakistan’s global remittance and payments connectivity. Addressing the gathering, Chief Guest, Federal Minister for Information Technol

PIA all set for fresh bidding after failed privatisation attempt last year

Pakistan International Airlines Corporation Limited (PIACL) is all set to enter the bidding process tomorrow (Tuesday) for its privatisation, with three bidders expected to submit their offers to acquire management control of the national carrier. Meanwhile, Fauji Foundation has withdrawn from the process, a PIA spokesperson confirmed. The three bidders are: A consortium comprising Lucky