Business

US Tariffs on Pakistani Textile Exports

US Tariffs on Pakistani Textile Exports: Challenges and Strategic Trade Opportunities

By Muhammad Saleem FAISALABAD– Although the recent US tariffs on Pakistani exports present significant challenges, textile exporters believe they also offer an opportunity to strengthen Pakistan’s trade position, promote value-added production, and deepen economic ties with the United States. Talking to WealthPK, Pakistan Textile Exporters Association (PTEA) Secretary Azizullah Goheer said after a careful review ...

US Tariffs Impact on Pakistan's Energy Sector Rising Costs and Economic Strain

US Tariffs Impact on Pakistan’s Energy Sector: Rising Costs and Economic Strain

By Amir Saeed ISLAMABAD– US tariffs have exacerbated Pakistan’s energy crisis, driving up costs and straining economic stability through increased import prices and currency depreciation. Talking to WealthPK, Ahad Nazir, Associate Research Fellow at the Sustainable Policy Development Institute (SDPI), highlighted that the imposition of a 29% tariff on exports posed significant challenges for Pakistan’s ...

Impact of US tariff on Pakistani exports and textile industry

US Tariff on Pakistani Exports Threatens $1.2 Billion in Trade Losses

By Qudsia Bano ISLAMABAD– Pakistan’s fragile export-led growth model faces a new wave of turbulence following the imposition of a 29% tariff by the United States on a wide range of Pakistani goods. The move, seen as part of Washington’s broader trade recalibration, has raised alarm bells among economists, exporters, and investors, as it threatens ...

Medicinal Plants in Pakistan endangered by neglect and poor conservation policies

Medicinal Plants in Pakistan Face Extinction Due to Neglect

By Azeem Ahmed Khan ISLAMABAD– Pakistan is home to a number of unique plant species found nowhere else in the world, but many of these have disappeared due to poor government policies and lack of care. This was stated by former director of biodiversity, Pakistan Forest Institute (PFI), Dr Chaudhry Muhammad Muslim, while talking to ...

Pakistan Stock Exchange Bearish Trend

Pakistan Stock Exchange Bearish Trend Deepens Amid Global Tariff War

By Moaaz Manzoor ISLAMABAD– Selling pressure deepens at the Pakistan Stock Exchange (PSX), as renewed fears over the global tariff wars and recession risks continue to rattle investor sentiment, validating earlier warnings of a bearish trend despite temporary market recoveries. This ongoing wave of market anxiety comes a day after a brief recovery, which has ...

Kharif Crop Water Shortage in Sindh

Kharif Crop Water Shortage in Sindh Threatens Key Agriculture

By Ahmed Khan Malik KARACHI– Sindh’s agriculture sector is confronting a significant water shortage as the Kharif season begins, raising concerns about the cultivation of essential crops such as cotton, sugarcane, rice, and maize. The Indus River System Authority (IRSA) has reported that both Tarbela and Mangla dams have reached dead levels, leading to a ...

Faisalabad Clothing Industry

Faisalabad Clothing Industry Hit by Inflation: Eid Sales Down, Trends Shift

By Muhammad Saleem FAISALABAD– Inflation has severely impacted the clothing industry not only in Faisalabad but also across the entire country, resulting in limited profits for the millers, wholesalers and retailers. Nadeem Lodhi, a wholesaler of ladies’ fabric, was expecting a robust business season ahead of Eidul Fitr, but the situation turned out quite differently. ...

Pakistan EV Charging Station

Pakistan EV Charging Station: A Leap Towards Clean Energy

By Amir Saeed ISLAMABAD — The inauguration of Pakistan’s first electric vehicle (EV) fast charging station marks a key milestone in the country’s transition to clean energy. Talking to WealthPK, Dr Khalid Waleed, an energy expert, emphasised the initiative’s significant economic and environmental potential. Waleed noted that Pakistan spends approximately $1 billion monthly on oil ...