The exports of merchandise rose year-on-year by 10.02 per cent in April after a slowdown in growth in the previous month, according to data released by the Pakistan Bureau of Statistics on Thursday. Export proceeds increased by double-digits since December before slowing in March. However, the exports shrank 9pc month-on-month. In absolute terms, exports reached $2.35 billion in April from $2.
A revival of industrial policies is under way around the world, the United Nations said on Thursday, with countries going for technological innovation to diversify their economies. The UN’s World Intellectual Property Organisation said greater productivity levels could be reached through specialising in existing strengths. “In economies of all sizes, we are seeing a resurgence in industrial pol
The US State Department said on Thursday that Washington supports Pakistan’s efforts to stabilise its economy, including by reaching agreements with the International Monetary Fund (IMF), and this support was unwavering. The department’s spokesperson, Matthew Miller, highlighted this robust US support for Pakistan’s endeavours at his daily news briefing when a journalist questioned the US ratio
The top 100 performing companies listed on the Pakistan Stock Exchange (PSX) have reported a 25% increase in their net profit to Rs1.3 trillion in the first nine months of the current fiscal year 2023-24 compared to the same period last year. This surge in profit coincides with Pakistan’s stock market becoming the world’s best-performing market, according to Bloomberg data. The increase in p
Hafiz Muhammad Usman, currently a post-doctoral fellow at Guizhou University, expresses deep gratitude for the opportunity to introduce advanced agricultural technologies acquired in China to his native Pakistan. Since its inception in 2017, Guizhou University has spearheaded the “PhD Village Chief” programme, extending invitations to doctoral students, postgraduates, and undergraduates to part