Tag: Decline

    Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Central Chairman Shaikh Mohammad Shafiq said in a statement on Wednesday that textile exports went down...

    The Senate Standing Committee on Commerce was told during its meeting that Pakistan’s exports have seen a decrease of 12.4 % during the last...

  Pakistan is set to initiate exporting goods to Central Asian States through the land route without paying any duty to Afghan authorities after amendment...

    Ghiyas Paracha, a leading name in the CNG sector, on Monday said that keeping in view the low import price of LNG, the government...

  The country’s total exports declined by 14.37 per cent to $12.087 billion in the first seven months of the current fiscal year (July-Jan) 2015-16 from $14.115 billion during the same period last year. Seven months have passed of the current fiscal year but the government is yet to release the trade policy and the new auto policy, said a member of the Karachi Chamber of Commerce and Industry (KCCI). He said the federal government or the Trade Development Authority of Pakistan (TDAP) is doing nothing for the exporters as factories in Punjab and Sindh are still waiting for supply of electricity despite the declining furnace oil prices in the international and local markets. “The government will soon announce the trade police as it is before the prime minister for final approval,” said an official of TDAP. He said the Trade Ministry had already finalised the country’s trade policy with several incentives for exporters specially for the textile sector. Hadi Sallahuddin of Messe Frankfurt said the exporters are displaying their products in various exhibitions throughout the world, especially in Germany and they are getting orders from the international markets. He said the main reason of declining exports of the country is trade recession in the world market because of the dollar's strong value. Analysts of different brokerage houses said the exporters are waiting for incentives to be announced in the trade policy by the government.

  The total exports of the country decreased further by 13.81 per cent to $8.541 billion during the first five months (July-Nov) of 2015-16 ­...

Expectations have built in recent weeks that the European Central Bank will announce at its next policy meeting on September 6 plans to help...

Certain types of fat are linked with deteriorating memory and mental functioning, says a new study. For instance, a `bad` fat such as saturated...

Though, cement sales in domestic market posted fifth straight month of increase as compared to last year, the industry is still passing through trying...

With the wedding season on in full gusto, the stars are in more demand than usual. Katrina and Shah Rukh Khan, who have been...

Commodities (SPGSCITR) headed for the first annual drop since 2008, paced by declines in cotton, copper and cocoa, on concern that the sovereign-debt crisis...

Telecommunication sector has faced a massive decline in foreign direct investment, as opportunities are limited in the said sector due to stiff competition and...

The Advances to Deposit Ratio (ADR) have drastically dropped to 62 per cent by end of November 2011 compared to 68 per cent at...

Pakistan is unlikely to maintain the export record of $25 billion this year as the textile sector, which shares over 60 per cent in...

The October slowdown in textile exports is not really alarming once you explore its underlying reasons – chronic energy shortage to industry and inability...

Gold staged an attempted recovery Friday following Thursday’s washout in prices that brought it to within striking distance of the pivotal $1,700 level. As...

Untiring efforts of army doctors and fumigation teams during last month brought a sharp decline in dengue cases from Cantt and its suburbs. The...