Islamabad: Crude food exports in Pakistan increased by 1.62 % to 5.75 billion dollars during the first nine months of the current fiscal year, compared to $ 4.66 billion in the same period last year. This increase was primarily driven by higher charges of sugar and basmati rice, despite the challenges of continuous food inflation … Read more
The automotive industry in Pakistan was in an impressive ascending path during the first nine months of the fiscal year 25, as car sales reached 100868 units – a noticeable increase of 46 % compared to the previous year, according to a report issued by the mediation company Topline. This increase in demand reflects the … Read more
Pakistan has informed the International Monetary Fund (IMF) that it is expected that the economy will grow by 3.1 % in the current fiscal year, with a largely balanced current account supported by increased transfers. According to reports, the government plans to continue economic stability policies in the coming fiscal year with a higher growth … Read more
New Delhi: The economic report of the Indian government, next one day before the annual budget, will probably offer 6.3 % -6.8 % in 2025-26, according to two sources familiar with this issue. Expectations indicate that economic conditions will remain slow next year. Growth is expected to slide to 6.4 % in the current fiscal … Read more
According to the China Passenger Car Association (CPCA), China’s automobile exports are expected to slow in 2025 after maintaining its position as the world’s largest automobile exporter for the second consecutive year in 2024. Export growth is expected to decline to 10%, with electric vehicle shipments expected to stagnate, CPCA Secretary-General Cui Dongshu said on … Read more
Strong demand continued to drive growth in Saudi Arabia’s non-oil business sector in December, although the pace was slightly slower than in November, according to a survey released on Sunday. Riyad Bank Saudi Arabia’s seasonally adjusted Purchasing Managers’ Index (PMI) fell to 58.4 in December, down from a 17-month high of 59.0 in November. Despite … Read more
ISLAMABAD: Services exports from Pakistan rose by 7.8% during the first five months of the current fiscal year, reaching $3.275 billion, compared to $3.044 billion during the same period of the previous year, according to trade data released by the Pakistan Bureau of Statistics. This growth reflects an upward trend in the country’s services sector, … Read more
IslamabadCement sales in Pakistan rose by 5.58% in November 2024, with total despatches reaching 4.146 million tons compared to 3.927 million tons during the same month last fiscal year, according to the All Pakistan Cement Manufacturers Association (APCMA). Growth was supported by steady domestic sales and a strong rise in exports. Domestic cement sales witnessed … Read more