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Unfortunately, local aluminium cap industry is facing a lot of hardship and financial strangulation due to unfair and adverse policies, resulting in unfair competition with Indian industry.

Apropos 'PML-N govt doing better than its predecessor: Gallup' carried by Business Recorder recently, it is, however, interesting to note that the Nawaz Sharif-led government has been given a 'Red Card' because of its lack of efforts towards containing inflation. The cost of essentials has increased quite rapidly; the low income groups are therefore experiencing a higher rate of inflation than those of upper income groups. Different income groups experience a slightly different rate of inflation for the simple reason that they spend money on different things.
Apropos 'At least 58 killed in attack on UN base in South Sudan' carried by Business Recorder on Saturday, the news item appears to be a grim reminder of mass killings in another African country, Rwanda, in 1994. According to the United Nations, at least 58 people were killed and more than 100 others wounded in an attack against one of its bases in South Sudan sheltering thousands of civilians.
The question is when PM and AAZ discussed the obvious issues facing Pakistan in open, what did they discuss privately in one-on-one meeting? Iran and Saudi relationship?
Phase VIII of Defence Housing Authority, Karachi, is a vast sprawl of over 4000 acres, planned to house a population of around 8 lakh. Roads have been laid out, and some communal establishments such as educational institutions and mosques are already functioning. Creek Vista, a large residential complex consisting of 720 apartments, has been home to as many families for the past five years, and new apartment blocks are under construction.
Your editorial on the spectrum auction says: "This will strengthen NIR position." How? As I understand proceeds from local operators will be paid in PKR equivalent at the prevailing parity for licence fee of dollar 295 million. Auction will raise $1.30 billion equivalents in case of four licences are sold at $295 million each. This comes to $1.187 billion.
Apropos 'China emerges as diplomatic player in Afghanistan' carried by Business Recorder on April 15, it is interesting to note that China is quietly preparing for a more robust role in the future of Afghanistan, concerned that the withdrawal of Nato troops will leave a hotbed of militancy on its doorstep. That Beijing has some legitimate concerns is a fact because the two countries are connected by a narrow mountainous corridor, Wakhan Corridor, that is almost impassable.

 



 
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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyFebruary
Trade Balance $-1.433 bln
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WeeklyApril 14, 2014
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