According to the Government of Pakistan, oil is becoming the most significant indicator of economic growth when demand is inelastic.…
Browsing: import
Allowing the export of sugar and fixing of sugarcane prices by market forces The sugar industry in Pakistan is the…
Wheat is an important staple food crop and has great significance in Pakistan’s economy in terms of food security. It…
Ultimate Guide on Car Financing Setback State Bank of Pakistan has made significant adjustments in the prudential regulations, in an…
This year Pakistan is celebrating Independence Day, when the clouds of imminent are getting thicker. While the people have complete…
Over 300 units closed due to cut in gas supply, says APTMA chief Abdul Rahim Nasir, Chairman, All Pakistan Textile…
Interview with Mr. Abbas Akberali — Chairman Amreli Steels Profile: Mr. Abbas Akberali is the Patron-in-Chief of Pakistan Association of…
As oil demand unwinds in the wake of falling global growth, natural gas/LNG markets continue to remain tight in this…
Says the economic status of the Halal meat industry is very important Former Executive Committee Member LCCI, Chairman Halal Meat…
According to the Ministry of Pakistan, Government of Pakistan, agriculture sector during 2021-22 registered a remarkable growth of 4.40 percent…
According to the provisional statistics compiled through the Pakistan Bureau of Statistics (PBS), exports from Pakistan during April, 2022 amounted…
According to the provisional figures released by the Pakistan Bureau of Statistics (PBS), the balance of trade in February 2022…
Lack of consensus among urea producers, policy planners A tug of war has been going on between the elements adamant…
International researchers identified that the problem of external borrowing as a strategy to enhance economic growth creates serious debate among…
Let alone the impoverished community living in downscale areas or in slums, even the so-called middle class segment of the…
The Government of Pakistan recorded that even prior to Covid-19 outbreak, globalization in trade, finance, investment and migration was facing…
As the mountain of Pakistan’s circular debt rises due to liquidity challenges and cash shortfall across the energy value chain…
Things finally seem to be looking good for the automobile industry, especially after the downfall caused by Covid-19. Domestic car…
Based on the mileage it is mandatory for the sake of safety to change the tyres of 800cc car every…
Analysis of Economic Survey of Pakistan FY 2020 revealed that Liquefied Petroleum Gas (LPG) plays a significant role in the…
Pakistan: Exports And Imports Of Goods & Services (As Per BPM6) (Million US$) Description Jul Aug Sep OctR NovP FY21…
Pakistan with more than 220 million people is an important country in geological and strategic location. One of the most…
Researchers reveal that the integration of states into the global economy is often seen as a significant factor of the…
Interview with Mr Hamad Rasool Bhullar — an analyst Investment in gold is fear driven buying trend PAGE: Tell me…
Net FDI In Pakistan ($ Million) Details 2009-10 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 Aug FY21 (P) China…
Pakistan received workers’ remittances worth $19.62 billion in FY18 and $21.74 billion in FY19. They grew to a record high…
The coronavirus (COVID-19) pandemic will have a huge and lasting negative effect on the global economy; 2020 and 2021 will…
Interview with Mr Ahmed Chinoy — Chairman of Pakistan Cloth Merchants Association [box type=”shadow” align=”” class=”” width=””]Mr Ahmed Chinoy is…
The economists revealed that worldwide economy is highly integrated by tourism, trade and remittances. According to World Trade Organisation (WTO),…
The government has imposed Rs40 million penalties on six oil marketing companies (OMCs) for their noncompliance with the storage requirements.…
Not a dooms day scenario: Every country, every person has been touched by novel coronavirus. Covid-19 has become a household…
Uncertainty is worse than bad news. Some airlines in many countries have asked their employees to go on unpaid leave.…
World it is said, has become a worldwide village and this is because of prompt, easy and accessible communication. Everywhere…
According to the Pakistan Bureau of Statistics (PBS) imports into Pakistan during December 2019 worth to Rs. 625,463 million (provisional)…
Many Pakistanis, especially people living below the poverty line, are facing the brunt of brewing wheat crisis in the country.…
Since 2010 investigators revealed that oil demand has raised quickly altogether over the planet due to worldwide oil price has…
Statistics showed that during November 2019, overseas Pakistani workers sent $1.81 billion as 9.35 percent higher remittances, which helped improve…
Interview with Mr Naim Anwar – President & CEO Crescent Star Foods Ltd PAGE: Tell me something about yourself and your…
It is important for the government to revive the economy but it is equally important to attract foreign investors to…
China-Pakistan Economic Corridor (CPEC) has entered the second phase of development. Gwadar Port, the soul of the CPEC, has already…
Foreign trade is important to the Pakistan’s economy because country needs to import various products to complete the increasing demands…
Pakistan, an agro-based economy with nominal GDP of $236 billion, imports furniture worth billions of rupees every year. During exhibitions,…
Eating out is a great privilege and perhaps one of the only available forms of entertainment available in Pakistan. Various…
Gwadar port will prove a milestone in promoting regional trade between Pakistan, Iran, Turkey, Afghanistan and Central Asian Republics (CARs).…
At present Pakistan suffers from precarious balance of payment situation. Its exports are too paltry to finance imports. Though, remittances…
Pakistan being an agro-based economy imports vegetables, cotton and many other agro products which must be a primary concern for…
Pakistan’s foremost economic tribulations at this juncture are twin deficit: The economic managers have been struggling to restrain imports and…
[box type=”info” align=”” class=”” width=””]by Niall McCarthy, Jul 2, 2019[/box] For people aiming to “buy American” for Independence Day this year,…
According to the worldwide economists, the global trade has been at a historic low since the recession in 2008, falling…
Three weeks ago I wrote an article ‘Brewing turmoil in Pakistan’s backyard’ and the concluding remarks were, “The fact remains…
Instead of devaluation, tariffs should be placed on all non-essential imports Also mass-scale marketing effort need to be executed to…
Interview with Mr Farooq Dadi – a renowned businessman [box type=”shadow” align=”” class=”” width=””]Profile: Mr Farooq Dadi is a bonafide…
[box type=”info” align=”” class=”” width=””]by Niall McCarthy, May 16, 2019[/box] The ongoing trade rift between Washington and Beijing has led to…
The developing economies like Pakistan, which has a small economy, exports are limited to few main commodities/products and also concentrated…
Economic growth and cost-effective energy availability are embedded. Pakistan’s energy import bill has by and large been approximately $15 billion…
[box type=”info” align=”” class=”” width=””]Christopher Foster, University of Manchester and Shamel Azmeh, University of Manchester[/box] At the heart of the…
[box type=”info” align=”” class=”” width=””]by Katharina Buchholz, Feb 25, 2019[/box] Ahead of the U.S.-North Korea summit in the Vietnamese city of Hanoi,…
Historically, Pakistan has suffered from adverse balance of payment, because its exports are not enough to finance imports. The policy…
For the past 50 years, Pakistan’s export sector is confronted with some structural issues, like lack of value-addition and dependence…
Interview with Engineer Daroo Khan Achakzai — President, Federation of Pakistan Chambers of Commerce & Industry (FPCCI) [box type=”shadow” align=””…
The Ministry of Finance statistics showed that Pakistan’s imports are mostly concentrated in a few markets. The country’s imports from…
Transportation plays a very important role in the development of a society as the demand for transportation increases along with…
The Government of Pakistan (GoP) has notified an immediate ban on import of furnace oil (FO) and ordered all the…
The year 2018 was no different for Pakistan since there was surge in the oil import bill despite the lower…
Byco Petroleum Pakistan Limited a leading oil refining company in Pakistan has raised its share in the country’s gasoline supply…
[box type=”info” align=”” class=”” width=””]Angela Chen Founder, East Circular[/box] China’s ban on foreign waste created ripple effects in global recycling…
Automobile sector well poised for future investment; opportunity must also be given to import of used cars Interview with Mr.…
The economists recorded that Pakistan’s terms of trade, which gauge the ratio of export to import prices, have not only…
It is said that whether elephants love or hate, the grass underneath their feet gets crushed. Same is the case…
Pakistan Tehreek-e-Insaf (PTI) government with many other challenges inherited a trade deficit. Government has to first accept challenges and identify…
Trade is an important tool to boost the economic progress of any country. Researchers revealed that Pakistan facing tough challenges…
Pakistan is a net oil importer and meets about 75 percent of needs through imports. Oil imports carry the heaviest…
[box type=”info” align=”” class=”” width=””]This article is published in collaboration with Visual Capitalist[/box] For the first time in decades, trade barriers…
The total liquid foreign exchange reserves of Pakistan increased to US$16,798 million on 14th June 2018. The positive surprise was…
According to the provisional statistics of the Pakistan Bureau of Statistics (PBS), imports into Pakistan during May, 2018 amounted to…
China is the world’s largest steel exporter. In 2017, China exported 73.3 million metric tons of steel, a 31 percent…
The overall volume of imported used vehicles grew 65 percent to 76,635 units in 2017 from 46,500 units a year…
The Compressed Natural Gas (CNG) sector would be fully revived with increased import of Liquefied Natural Gas (LNG) during the…
The balance of trade is the difference between the monetary value of the country’s export and import over a certain…
The country remained unsuccessful to overcome challenges on the external front where import figure continued moving upward where as the…
Interview with Mr Anis Majeed – Chairman, Bombi’s Group, Karachi Wholesales Grocers Association (KWGA) [box type=”shadow” align=”” class=”” width=””]Profile: Mr…
Various research reports mentioned that trade is always a two-way exchange, but when undertaken freely, both parties are better off.…
New Mobile-Wallet Scheme facilitates Pakistanis abroad in swift, convenient and cost effective manner Interview with Mr Tariq Malik – President,…
Pakistan’s balance of trade statistics cumulative from July-October, 2017 were recorded (-) 12,107 million in US dollars while exports during…
[dropcap]P[/dropcap]akistan’s economy is heavily dependent on oil importing. Around 80 percent of the total oil requirement is met through imports.…
[dropcap]O[/dropcap]il industry has faced various issues for the past few years mainly because of fluctuations in global oil prices while…
[box type=”info” align=”” class=”” width=””]John McKenna, Formative Content[/box] [dropcap]T[/dropcap]he most imported goods around the world are petroleum and cars, according to…
[dropcap]S[/dropcap]ince 2000, the worldwide economic situation has been characterized by large global imbalances, in mainly elevated surpluses in the rapidly…
[box type=”info” align=”” class=”” width=””] Peter Holmes, University of Sussex and Michael Gasiorek, University of Sussex[/box] [dropcap]I[/dropcap]t is commonplace to…
[dropcap]T[/dropcap]he Government of Pakistan proclaimed in their statistical report that Pakistan’s balance of trade in August, 2017 was (-) 3,086…