Indian Minister for commerce, Industry and textile to visit Pakistan on Feb 13 New Delhi: (Friday, February 10, 2012) Indian Minister for commerce, industry and textile, Anand Sharma, along with an 80-member large contingent of businessmen is expected to arrive Pakistan on a three-day visit on February 13. This is for the first time in […]
EU duty waiver for Pakistan gets approval from WTO Geneva: (Wednesday, February 01, 2012) The World Trade Organization has approved European Union’s decision to waive off duties on 75 exportable items from Pakistan today. The EU has taken the decision to extend help for Pakistan in recovering from massive floods rendered the country inundated in […]
Feb 1 2012 | Posted in
Business,
Pakistan |
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APTMA concerned over exports decline, hold energy shortage and high interest rate responsible for the phenomenon Lahore, Thursday, December 22, 2011: Chairman All Pakistan Textile Mills Association (APTMA) has expressed deep concerns over massive decline in the textile exports during the last month. He was of the view that although increased interest rates were also […]
Dec 22 2011 | Posted in
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Pakistan |
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Global Recession likely to hurt exports from Pakistan; State Bank of Pakistan Karachi: The State Bank of Pakistan, in its annual report, has said that the recent decline in the global economy could well affect exports from Pakistan. According to SBP’s annual report new recession could be even more severe than the sub-prime mortgage crisis, […]
Dec 21 2011 | Posted in
Pakistan |
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Pakistan Foreign Exchange Reserves to stand at $16.69 billion Karachi (December 16), despite cautions from energy shortage marred industry and textile sectors of the country to experience decline in the exports, Pakistan’s foreign exchange reserves during the last week reached to $ 16.69 billion. In the previous week, the figure stood at $ 16.68 billion. […]
Dec 16 2011 | Posted in
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Pakistan |
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Marred by Energy Shortage; textile sector fears to bear 30% export decline Islamabad (December 15), Marred by an unending energy crisis, the textile sector in Pakistan is feared to face a 30 per cent decline in its total exports. The expected decline is estimated to cause a loss of $ 4 billion to the country’s […]
Dec 15 2011 | Posted in
Latest News |
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Government of Pakistan to cancel loans of flood victims Government of Pakistan has decided to write off the loans of the people who have been affected by the recent floods in Sindh. This was revealed by Pakistan’s Federal Minister for Textile, Makhdom Shahabuddin during the last meeting of National Assembly. The Textile minister said that […]
Pakistan natural gas crisis – Energy Sector Update 2011 Lahore – Pakistan is facing its worst energy crisis since its birth in1947. The country lacks proper natural resources management, thanks to incompetent ruling parties that have been not able to improve infrastructure and production facilities even after sixty four years of independence. It has been […]
Oct 28 2011 | Posted in
Pakistan,
Sci-Tech |
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