Power generation in Pakistan reached 10,262 GWh (13,793 MWh) in October 2024, representing a 7% year-on-year increase compared to October 2023, which saw 9,572 GWh. However, on a monthly basis, electricity generation fell by 17.8% from 12,487 gigawatt hours (17,343 MW) in September 2024. In the first four months of fiscal year 2025 (July-October), power … Read more
IslamabadPakistan’s textile exports showed a notable increase of 10.44% in the first four months (July-October) of the fiscal year 2024-25, reaching $6.146 billion compared to $5.565 billion during the same period last year, according to data from the Pakistan Textile Industries Bureau. Statistics (PBS). Overall, the country’s total exports during the fourth fiscal year 2025 … Read more
A view of K-Electric’s head office, with solar panels in the parking area, in Karachi, on January 24, 2023. — Reuters New prices will apply to all categories of consumers. EVCS, Lifeline and Prepaid consumers have been exempted from the hike. K-Electric has sought an increase of Rs 3.9 per unit in its FCA tariff … Read more
Power generation in Pakistan fell to 12,487 GWh in September 2024, representing a 6% decline year-on-year compared to 13,339 GWh produced in the same month last year. On a monthly basis, power generation fell 5.3% from August’s total of 13,179 GWh. Experts attributed the decrease in production to weak economic conditions, as well as an … Read more
IslamabadPakistan has witnessed a significant rise in demand for its rice in global markets, generating profits of more than US$721.8 million.Foreign exchange from rice exports during the first quarter of the current fiscal year. According to official documents, rice exports witnessed a record increase of 77.63 percent compared to the same period last year. From … Read more
Islamabad: Tableware exports witnessed an increase of 6.60 percent during the first quarter of the current fiscal year 2024-2025, compared to exports of the corresponding months of last year. Tableware exports from the country were recorded at US$15,268 million during July-September (2024-25) against exports worth US$14,322 million during July-September (2023-24), according to the Pakistan Bureau … Read more
Islamabad: In a remarkable turnaround for the technology sector, Pakistan recorded IT exports worth US$292 million in September 2024, reflecting a 42% year-on-year increase and marking the 12th consecutive month of growth. While this figure represents a 2% decline from August 2024, it exceeds the 12-month average of $280 million, demonstrating continued momentum in the … Read more
US $100 bills are shown in this illustration taken in Seoul on February 7, 2011. — Reuters Pakistan receives highest ever quarterly remittances in Q1 FY2025. Saudi Arabia leads in September remittances, with a total of $681.3 million. Analysts say the rise is driven by exchange rate stability. Remittances rose 29% year-on-year to $2.849 billion … Read more