Tag Archives: Decline

Rapid decline in exports is a matter of great concern: PRGMEA

Rapid decline in exports is a matter of great concern: PRGMEA

Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Central Chairman Shaikh Mohammad Shafiq said in a statement on Wednesday that textile exports went down by $1 billion during the last financial year

Total exports slide by 14.37% since July

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.

Bad fat may decline memory

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

Telecom sector faces decline

Telecommunication sector has faced a massive decline in foreign direct investment, as opportunities are limited in the said sector due to stiff competition and lack of technological moderation. Therefore, State Bank of

Advances to deposit ratio decline

The Advances to Deposit Ratio (ADR) have drastically dropped to 62 per cent by end of November 2011 compared to 68 per cent at end of CY10. The Advances currently stand at

The pit and the pendulum

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 things stood early this morning, the yellow metal

Dengue cases decline in Cantt

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