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Pakistan and Japan can become business partners: Envoy ISLAMABAD: Pakistan's Ambassador to Tokyo Farukh Amil has said that Pakistan and Japan could become business partners as the present elected government was focusing on enhancing relations with countries in the South Asian region.He was talking to governor of Aichi Hideaki Ohmura during a call on the latter here Monday. They discussed ways to boost relations between the industrial heartland of Japan and Pakistan. The Governor welcomed the Ambassador after a gap of 10 years and said Aichi was happy to support Pakistan's effort to hold the first ever Trade and Business Seminar in Nagoya, a message received here said. Pakistan, the envoy said offered many opportunities for Japan as it expanded its focus across South Asia's youthful population, lower labour costs and a population favourably disposed towards doing business with Japan.With a focused, democratically elected Government led by an experienced Prime Minister with a strong business background, Pakistan, especially ...

ISE-10 index stays Bearish ISLAMABAD: The Islamabad Stock Exchange(ISE) on Monday witnessed bearish trend as the ISE-10 index was down by 8.72 points to close at4533.87 points.A total of 9,500 shares were traded, which showed a growth of 6,800 shares, when compared with previous day's trading of 2,700 shares.Out of 150 companies, share prices of 71 companies recorded increase while those of 79 companies decreased and no company remained stable in today'strading.The share price of Siemens Pakistan Engineering increased ...

Eid-ul-Azha brings business for butchers, blacksmiths on annual basis ISLAMABAD: Eid-ul-Azha, brings good business for butchers and blacksmiths on annual basis, who charge the public at their will, due to monopoly.With Eid-ul-Azha fast approaching, butchers in the twin cities of Islamabad Rawalpindi have started the preparations in this regard.A butcher Imran Rao said "days of Eid-ul-Azha bring unusual income for us as we get sufficient business as compared to other days of the year.""Finding a butcher during the Eid days is a difficult task ...

Hajj corruption case: SC grants bail to Rao Shakeel ISLAMABAD: The Supreme Court on Monday approved bail of Roa Shakeel, a key accused in the Hajj corruption scandal.The three-member bench by Justice Anwar Zaheer Jamali comprising Justice Ejaz Afzal Khan and Justice Qaiz Faez Isa heard the case and ordered to release Rao Shakeel on bail after he submitted a surety bond worth Rs10 million.Shakeel, who is former Director General Hajj Affairs, has been under arrest since last four years.Shakeel, served as the Director ...

Petroleum group exports up by 53.53pc in two months ISLAMABAD: Petroleum group and coal exports from the country during the first two months of current financial year registered an increase of 53.53 percent as compared to the same period of last year.Petroleum products worth US$ 194.982 million exported during the period from July-August, 2014 as compared to the exports of US$ 127.00 million of corresponding period of last year, said the data of Pakistan Bureau of Statistics (PBS).During the period under review about 66,864 ...

Exports of bedwear, readymade garments go up in two months ISLAMABAD: The exports of bedwear, readymade garments, cotton and yarn have increased during the first two months of the current fiscal year compared to the corresponding period of last year.According to the latest data released by Pakistan Bureau of Statistics (PBS), the exports of yarn (other than cotton yarn) increased by 8.80 percent by going up from $7.174 million during July-August (2013-14) to $7.805 million during July-August (2014-15).The exports of knitwear increased by 9.25 percent ...

Pakistan produces prime quality honey in the world: Rashid ISLAMABAD: National Agriculture Research Center's (NARC) Honey Bee Research Institute, Senior Scientific officer Dr. Rashid Hussain has said that Pakistan was producing prime quality of honey in the worldTalking to APP Dr. Rashid Hussain said that despite the fact Pakistan has great potential to get itself listed in the major honey producers in the world, the country still falls at number 20th in terms of production.Dr. Rashid Hussain said Pakistan producing 298,000 metric tons annually, ...


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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.434 bln
Exports $1.930 bln
Imports $3.364 bln
WeeklySeptember 18, 2014
Reserves $13.525 bln