The Compressed Natural Gas (CNG) sector would be fully revived with increased import of Liquefied Natural Gas (LNG) during the next two years. Around 3,200 CNG stations were operating in 2012 when natural gas supply to the outlets was stopped …
Read More »Increasing trade deficit needs immediate attention
The balance of trade is the difference between the monetary value of the country’s export and import over a certain period. If a country exports a greater value than its imports, it has a trade surplus, and conversely, if a …
Read More »Review of structural problems of economy in six months
The country remained unsuccessful to overcome challenges on the external front where import figure continued moving upward where as the exports stayed behind as calculation in the six months of this fiscal year shows that Pakistan’s trade deficit rose to …
Read More »Govt, businessmen coordination must on future import, export policies; growth in value added products lacks ideas
Interview with Mr Anis Majeed – Chairman, Bombi’s Group, Karachi Wholesales Grocers Association (KWGA) PAGE: Share your views on the import and export duties and their impact on the traders: Anis Majeed: Import and export duties are key factors by …
Read More »Surging Pakistan’s imports
Various research reports mentioned that trade is always a two-way exchange, but when undertaken freely, both parties are better off. This is as true when participants reside in dissimilar states as it is when they live in the same place. …
Read More »Pakistan economy has feeble sign of recovery; strict import barrier helps cut trade and current account deficits
New Mobile-Wallet Scheme facilitates Pakistanis abroad in swift, convenient and cost effective manner Interview with Mr Tariq Malik – President, Korangi Association of Trade & Industry (KATI) PAGE: What are your views on the economy of Pakistan? TARIQ MALIK: The economy …
Read More »Pakistan’s commodities export and trades with UAE soar in July-Oct 2017
Pakistan’s balance of trade statistics cumulative from July-October, 2017 were recorded (-) 12,107 million in US dollars while exports during October, 2017 was recorded $1,888 million (provisional) as compared to $1,675 million (provisional) during September, 2017 explaining a rise of …
Read More »Upwards Spike In Oil Prices: Imf’s Warning To Pakistan And Others
Pakistan’s economy is heavily dependent on oil importing. Around 80 percent of the total oil requirement is met through imports. Crude oil and petroleum products play an important role because of their widespread use in the economy. The higher international …
Read More »Attock Petroleum Soon To Develop Network Of Modern Petrol Pumps, Sees Fall In Net Profit
Oil industry has faced various issues for the past few years mainly because of fluctuations in global oil prices while constant instability in oil prices has disturbed business at various levels in Pakistan. It is calculated that the local oil …
Read More »This map shows every country’s biggest import
The most imported goods around the world are petroleum and cars, according to this map of every country’s biggest import. Covering the imports of 187 of the world’s 195 nations, the map reveals that the biggest import for more than …
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