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Gems exports up 12.67pc, jewellary down by 96.84pc in two months ISLAMABAD: Gems exports from the country during the first two months of current financial year registered an increase of 12.67 percent as compared to the same period of last financial year.About 2 metric tons of gems worth US$ 1.06 million exported from July- August 2014 as compared to the exports of one metric tons worth US$ 0.947 million of corresponding period of last financial year.According to the data of Pakistan Bureau of Statistics, Jewellary exports from the country registered decrease of 96.84 percent and reached at US$ 1.72 million as compared to US$ 54.6 million of same period of last year.However, furniture exports from the country posted 30.09 percent increase during the period under review as different kinds of furniture worth US$ 1.15 million exported as compared to the last year's exports of 0.884 million.However, the data reveled that exports of molasses and handicrafts registered negative growth their exports during ...

LG polls: SC directs Sindh, Punjab, KPK to submit replies within 15 days  ISLAMABAD: The Supreme Court on Thursday directed Sindh, Punjab and Khyber Pakhtunkhwa governments to file their replies on preparations of local body elections in the provinces within 15 days. These orders were issued by a three-member bench headed by Chief Justice Nasir-ul-Mulk comprising Justice Ijaz Ahmed Chaudhry and Justice Sheikh Azmat Saeed while hearing a case pertaining to legislation for local body polls. During the course of hearing, the CJP enquired about the deadline given ...

CDNS saves Rs.60bn in first quarter of current fiscal year ISLAMABAD: The Central Directorate of National Savings (CDNS) has fetched Rs.60 billion during the first quarter of current fiscal year against Rs.44 billion during the same period of previous year 2013.The CDNS has collected Rs.36 billion in month of July and August 2014 against Rs.31 billion in same months of 2013, depicting an increase of 20%,said spokesman and policy expert of CDNS Ghafoor Baloch told APP on Thursday.Replying to a question, he said the CDNS ...

Pak's pharmaceutical exports likely to touch $ 2000mn by 2018 KARACHI: Pakistan's pharmaceutical exports are presently over $ 800 million, annually, expected to touch $ 2000 million mark by 2018.This was said by Member Senate Standing Committee on National Health Services, Regulations and Coordination, Senator Abdul Haseeb Khan while talking to media at Karachi Press Club here on Thursday.He said that existing laws be strictly implemented in letter and spirit to check and eliminate manufacturing and sale of spurious and substandard drugs in the country.He ...

Sindh govt announces three Eid holidays KARACHI: The Government of Sindh has declared October 6, 7 and 8 (Monday to Wednesday) as public holidays on the occasion of Eid-ul-Azha throughout the province. All the offices, autonomous, semi-autonomous bodies, corporations and local councils under the Administrative Control of the Government would remain closed. It was officially stated here on Thursday.Copyright APP (Associated Press of Pakistan), 2014

Formulation of rules sought to implement TEC Board's recommendations KARACHI: Sindh Chief Minister, Syed Qaim Ali Shah has directed the provincial advocate general to immediately develop relevant rules and regulation prerequisite for implementation of recommendations proposed by the Thar Coal Energy (TCE) Board's sub committee.Chairing a meeting here on Thursday to discuss rules and regulations of Thar Coal and Energy Board, he said several countries and investment companies are taking deep interest in relevant power generation schemes."We also are extending them series of special ...

76 shopkeepers fined, one sent to jail KARACHI: The divisional and district administration Karachi has challaned 76 shopkeepers and fine of Rs.108,500/- were imposed while one shopkeeper was arrested for continuous profiteering.According to a statement issued here on Thursday, during crackdown, the administration fined 47 milk sellers, 10 food items grocers, three fruits sellers, 10 chicken sellers, one flour seller and five vegetables sellers.The action against profiteers were taken in the areas including Saddar, Civil Line, SITE, Garden, Baldia, Ferozabad, Jamshed Quarters, ...


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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklySeptember 25, 2014
Reserves $13.305 bln