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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 ...

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, ...
Weekly inflation witnesses nominal increasepp ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended on September 18 for the lowest income group up to Rs. 8,000 registered nominal increase of 0.20 percent as compared to the previous week.The SPI for the week under review in the above mentioned group was recorded at 209.70 points against 209.28 points registered in the previous week, according to data of Pakistan Bureau of Statistics (PBS).The weekly SPI has been computed with base 2007-2008=100, ...
MDBs deliver $24bn in climate change financing in 2013 ISLAMABAD: Six leading multilateral development banks (MDBs) provided almost $24 billion worldwide in financing in 2013 for projects in developing and emerging economies that address the challenges of climate change, according to the third annual joint MDB report on climate finance.The report that was released on Friday demonstrates the shared engagement expressed by the six MDBs last week to reinforce transparency of their financing in climate change mitigation and adaptation.The report has been prepared by ...
FPCCI President for extension in date for tax returns filing KARACHI: President, Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Zakaria Usman has called for extension in the date for filing of income tax returns to Dec.31, 2014 from the present deadline of Sept.30, 2014.He also urged the Federal Board of Revenue (FBR) to avoid making changes in taxation rules, said FPCCI release here on Thursday.President FPCCI, Zakaria Usman has expressed his serious reservations over the imposition of new rules in FBR for filing ...


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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