Tags : export

Pakistan Approves Additional 500,000 Metric Tons of Sugar Exports with

The federal cabinet of Pakistan has given the green light to export an additional 500,000 metric tons of sugar, with stringent conditions in place to ensure price stability and domestic supply. This move brings the total sugar export allowance to 750,000 tons since June 2024. Conditions for Export To prevent price hikes, the following conditions […]Read More

Pakistan’s Export to China up by 37% in 10 Months

ISLAMABAD: Pakistan’s export of goods and services to China increased by 37.68 percent during the first ten months of the current fiscal year (2023-24) compared to the same period last year, according to the State Bank of Pakistan (SBP). SBP data revealed that overall exports to China were recorded at US $2.341 billion during July-April […]Read More

Pakistan earns $157 million from export of Travel Services

ISLAMABAD: Pakistan has earned $157.075 million by providing different travel services in various countries during the first three months of the current fiscal year 2023-24. This shows growth of 27.72 percent as compared to the $122.890 million worth same services provided during the corresponding months of the last fiscal year 2022-23, the Pakistan Bureau of […]Read More

US alerted China about its updated export restrictions

NEW YORK/WASHINGTON: According to a US official, the Biden administration issued a warning to Beijing about its plans to amend regulations that limit the export of AI chips and chip-making equipment to China as early as October. This was done in an effort to normalize ties between the two giants. The Commerce Department, which is […]Read More

In 7 months, Pakistan earns US $484m from travel services

ISLAMABAD: Pakistan has earned US $484.140 million by providing different travel services in various countries during the first 7 months of the current fiscal year 2022-23. This shows growth of 53.67 percent as compared to the US $315.060 million worth same services provided during the corresponding period of the last fiscal year 2021-22, the Pakistan […]Read More

Pakistan rice export to China increases by nearly 10pc

BEIJING: Pakistan export of rice to China crossed $277.56 million in the first five months of Financial Year 2021-2022, up 9.73 percent year-on-year bases. Pakistan remained one of the major broken rice suppliers to China, according to the official data from the General Administration of Customs of the People’s Republic of China (GACC). Also Read: […]Read More

Saudi Arabia may raise light crude prices to Asia in

RIYADH, 30 October: Top oil exporter Saudi Arabia may raise prices of light crude grades to Asia in December, supported by a rebound in distillate margins and spot premiums for Middle Eastern oil this month, trade sources said on Friday. After cutting prices for two straight months, state oil giant Saudi Aramco may raise the […]Read More

Sudan protesters agree to resumption of South Sudanese oil exports

KHARTOUM, 27 September: Sudan’s government has reached an agreement with tribal protesters to allow the resumption of exports of landlocked South Sudan’s crude oil via a terminal on the Red Sea, Sudanese officials said. Protesters from the Beja tribes in eastern Sudan – demonstrating against what they say is a lack of political power and […]Read More

PM Imran for urgent steps to check import-export gap

ISLAMABAD, 11 September: Prime Minister(PM) Imran Khan Friday directed the concerned officials to take immediate measures to check the existing gap between imports and exports. PM Imran Khan issued the direction while presiding over a high-level meeting to review various measures taken by the government for enhancing the volume of exports. Speaking on the occasion, […]Read More

Workers’ remittances maintain above $2 billion level for 13th month

ISLAMABAD(KARACHI), 29 July: The finance ministry has Thursday released the Monthly Economic Update & Outlook report wherein noting the upward trend in economic revival and consistent activity with increased remittances and tax revenues. The monthly economic report published in July said there is 27 per cent surge in remittances from July last year to June […]Read More