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Those who had thought smartphones-of the branded, top-vendor kind--would remain perennially pricey for a rude awakening. Within one month, we now have two of the most prominent tech names, Google and Mozilla, announcing their plans for amazingly low-cost smartphones.
Even after adopting Article 25-A of the 18th Amendment to the Constitution that calls for free and compulsory education for children aged 5-16, more than 20 million children still remain out of school. Thats a big number. Lack of good governance, like in other sectors, is a major reason for the education apartheid in Pakistan.
The bedroom is certainly where the heart is and its difficult not to lose ones heart over the range of crisp subtle bed linen. According to the data released by UN Comtrade--an extensive database of global commercial trade--"bed and other linen is still Pakistans top 2013 export, but rice and cotton yarn are closing in."
Fund managers have a heavy responsibility of managing investors monies. And talking about Pakistan, one must say that some of the fund managers have been doing a great job in that regard, which is why local mutual funds are now being recognised globally.
Another IMF’s privatisation condition: check. What’s even better is that unlike the last transaction of United Bank Limited (UBL) a few weeks ago, PPL’s secondary public offering (SPO) was far less contentious.
Sindh may be the worst performing province in terms of education spending but to give credit where it is due, the province is ranked the highest in terms of generating its own revenues.
Pakistan sports goods industry is once again in the limelight the proud manufacturers of Brazuca football for Adidas, making its way as the official World Cup football. This feat serves to cement the notion that football producers form the backbone of the country’s sports goods industry.


Index Closing Chg%
Arrow DJIA 17,083.80 0.02
Arrow Nasdaq 4,472.11 0.04
Arrow S&P 1,987.98 0.05
Arrow FTSE 6,821.46 0.34
Arrow DAX 9,794.06 0.42
Arrow CAC-40 4,410.65 0.78
Arrow Nikkei 15,284.42 0.29
Arrow H.Seng 24,141.50 0.71
Arrow Sensex 26,271.85 0.48

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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln