export
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Textile industry unveils $50b export plan | The Express Tribune
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ISLAMABAD: The textile industry has submitted an ambitious plan to the government for achieving a $50 billion export target as it comes up with a set of recommendations for removing barriers and providing incentives to extend the outreach in international…
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Rethinking Pakistan’s export strategy | The Express Tribune
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ISLAMABAD: Everyone agrees that the only way out of the abyss that Pakistan’s economy finds itself in every few years is to increase our dollar income substantially. These non-debt creating inflows can only materialise through an increase in exports, investment…
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Export competitiveness in auto sector | The Express Tribune
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KARACHI: The automobile sector in Pakistan is facing the brunt of the current economic crisis. The balance of payments-related challenges, which have led to not only restrictions on imports but also an economic slowdown, have hurt sales of new automobiles…
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Pakistan among four Asian countries to lose $65bn textile export earnings amid climate crisis
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In this photograph taken on April 13, 2023, women work at a garment factory in Savar, on the outskirts of Dhaka. — AFP Extreme heat and flooding are likely to wipe out $65 billion in garment export earnings from four…
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World rice price index soars after India’s export ban
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Representational image of rice. — AFP/File The world rice price index of the United Nations food agency experienced a notable 2.8% rise in July, as compared to June, reaching the highest level recorded in almost 12 years. This hike in…
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Men’s garments export to China rises 29% in Q1 | The Express Tribune
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BEIJING: Pakistani men’s garment exports to China showed a significant growth of 29% in the first quarter of 2023. “This growth can be attributed to Pakistan’s strong manufacturing capability and high quality of its garments,” said Ghulam Qadir, Commercial Counsellor…
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Late export proceeds to be fined up to 9% | The Express Tribune
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KARACHI: Pakistan’s central bank has issued new regulations to tighten the process of repatriating export earnings into the country. Under the new rules, exporters who delay bringing their export earnings into the country will face fines of up to 9%…
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ICT export remittances rise to $1.5b | The Express Tribune
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ISLAMABAD: The information technology and IT-enabled services (ITeS) industry has received export remittances of $1.523 billion in the first seven months (Jul 2022-Jan 2023) of current financial year, an increase of 2.35% year-on-year. In the corresponding period of last year,…
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Energy tariff ‘compulsory’ for export sectors | The Express Tribune
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KARACHI: The government’s decision to discontinue the Regionally Competitive Energy Tariff (RCET) of gas and electricity for five export-oriented sectors is expected to create a significant setback for the national economy, potentially leading to reduced competitiveness and revenue losses for…
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ECC gives go-ahead for sugar export amid ‘fears of price hike’
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Federal Minister for Finance and Revenue Ishaq Dar presided over a meeting of the Economic Coordination Committee (ECC) of the cabinet on December 15, 2022. — PID The Economic Coordination Committee (ECC) Thursday approved a summary presented by the Ministry…
