01182017Wed
Last update: Wed, 18 Jan 2017 10am

Business & Economy

Pakistan - Business & Economy

Sale of cement increased 10pc in first five months ISLAMABAD: The sale of cement has increased ten percent in the first five months (July November) of the current fiscal year.According to the spokesmen of All Pakistan Cement Manufacturers Association, the demand of cement has increased to sixteen point five (16.5) million tons during the current fiscal year which was fourteen point eight (14.8) million tons in the last fiscal year, Radio Pakistan reported.Copyright APP (Associated Press of Pakistan), 2016 ...

Pakistan - Business & Economy

Govt striving hard to increase per acre production SARGODHA: District Coordination Officer (DCO) Danish Afzaal has said the government was striving hard for enhancing per acre production.This he said in a meeting held here on Saturday.The meeting was told that wheat cultivation target has been achieved in the district and the farmers were being given maximum support for enhancing rice production.The meeting was attended by EDO agriculture Iftikhar Ahmed Chughtai, District Officer Faiz Ahmed Kundi and others.Copyright APP (Associated Press of Pakistan), 2016 ...

Pakistan - Business & Economy

Govt to spend Rs20bn to enhance exports in three years ISLAMABAD: The government would spend Rs. 20 billion over next three years to enhance Pakistan's export competitiveness and institutional strengthening under Strategic Trade Policy Framework (STPF) 2015-18.In response to emerging international changes, several other initiatives are being implemented to enhance export basket and market share, sources at Commerce Division said here on Saturday.The sources said total volume of Pakistan's exports in terms of billion dollars was 24.5 during 2013 and 20.8 during 2016.Highlighting the steps ...

Pakistan - Business & Economy

FCCI demands steps for economic turnaround FAISALABAD: Faisalabad Chamber of Commerce and Industry (FCCI) president Rana Sikandar-e- Azam Khan on Friday said that international and regional economic turnaround had necessitated the documentation of economy and in this connection Government of Pakistan must take necessary steps in addition to the announcement of amnesty scheme to promote the trend of documentation in trade and business.He said that repeated amnesty schemes were necessary to bridge widening gap for Balance of Payments.He said that government ...

Pakistan - Business & Economy

Govt to spend Rs.20bn to enhance exports in three years ISLAMABAD: The government would spend Rs. 20 billion over next three years to enhance Pakistan's export competitiveness and institutional strengthening under Strategic Trade Policy Framework (STPF) 2015-18.In response to emerging international changes, several other initiatives are being implemented to enhance export basket and market share, sources at Commerce Division said here on Saturday.The sources said total volume of Pakistan's exports in terms of billion dollars was 24.5 during 2013 and 20.8 during 2016.Highlighting the steps ...

Pakistan - Business & Economy

ECC rejects summary on revision in LNG implementation strategy MUSHTAQ GHUMMANISLAMABAD: The Economic Co-ordination Committee (ECC) of the Cabinet has reportedly rejected a summary of petroleum ministry regarding a revision in the implementation strategy of Gwadar-Nawabshah LNG terminal and pipeline project, saying the summary should be submitted after completion of due process, well-informed sources toldBusiness Recorder on Friday.The ministry of petroleum in its summary has called for implementing the Gwadar-Nawabshah LNG terminal and pipeline project as an alternate strategy to IP gas pipeline project; ...

Pakistan - Business & Economy

Pakistan produces 6.8mn ton rice in 2015-16 ISLAMABAD: The introduction of hybrid seeds has resulted in higher production of rice as the country has produced 6.8 million tons of crop during the year 2015-16."The hybrid production has also raised our exports and in the year 2015-16 we have been able to export around 3 million tons of rice," Parliamentary Secretary on National Food Security and Research Rajab Ali Baloch told the National Assembly during the question-hour session.Replying to a question of MNA ...