In the last 12 months, the total exports of Pakistan were approximately USD 32.04 billion, whereas in the same period imports rose to USD 58.39 billion and as a result the trade goods deficit widened to around USD 26.35 billion, which is a cause for concern and may have negative implications, said Ateeq ur Rehman (economic & financial analyst). The textile sector remained the dominant contribut
An inter-ministerial committee on Tuesday called for the formation of a Working Group (WG) to finalise a report on the meat export to Malaysia. Federal Minister for Commerce, Jam Kamal Khan, chaired the 3rd Meeting of the Committee on Pakistan-Malaysia Cooperation on meat export from Pakistan, emphasizing the need to strengthen Pakistan’s meat export sector and ensure competitive pricing in the
Gold prices slipped on Wednesday, pulled down by a rebound in the dollar and profit-booking after bullion rose to a near three-week high in the previous session on expectations of interest rate cuts by the Federal Reserve next month. Spot gold was down 0.5% at $4,107.41 per ounce, as of 0421 GMT, after hitting its highest since October 23 on Tuesday. US gold futures for December delivery edg
Governor State Bank of Pakistan (SBP) Jameel Ahmad has emphasised the urgent need for greater regional cooperation and innovation to build integrated capital markets capable of mobilizing investment, enhancing resilience, and fostering sustainable growth across Asia. He was delivering his keynote address at the inaugural International Capital Market Conference 2025 held on Tuesday in Karachi.
Oil prices were little changed on Wednesday after rising in the previous session amid expectations that an end to the longest-ever U.S. government shutdown could boost demand in the world’s biggest crude consuming nation. Brent crude futures slipped 8 cents, or 0.12%, to $65.08 a barrel by 0106 GMT after gaining 1.7% on Tuesday. US West Texas Intermediate crude was down 7 cents, or 0.11%, to