Karachi, July 24, 2019: The country’s trade deficit declined by 11 percent YoY to US$28.2 billion in last fiscal year (FY19) from US$31.8 billion in the previous year. Although in a normal scenario, this would be interpreted positively, as highlighted earlier, the previous year’s trade deficit had reached unsustainable levels and there was only one…
13 Pakistani companies for Fabric, Garments and Home Textile Manufacturers took part in 2019 July Edition. Trade Development Authority of Pakistan organized the Pakistan Pavilion at the fair. New York, July 24, 2019: Amongst the top in textiles and apparel sourcing shows, Texworld USA featured 17 product categories, ranging from knits and functional fabrics to…
Karachi, July 24, 2019: Pak Suzuki Motor Company has posted a huge loss of Rs 1.535 billion in the first half of this calendar year (CY19). According to Atif Habib Research, Suzuki Motor Company Limited (PSMC) announced its 2QCY19 financial result on wednesday where the company declared a loss after tax of PKR 545 million (LPS:…
By Muhammad Abdullah Pakistan is ranked 106th among 119 countries and has been characterized as facing a “serious” level of hunger, said a survey for the Global Hunger Index which was published by the report of State Bank of Pakistan. In fact, Pakistan is among those seven countries that cumulatively account for two-thirds of the world’s…
Karachi, July 23, 2019: As part of its Revival Plan PIA has established full fledge Maintenance facility Islamabad where the overhauling of its A320 aircraft will be carried out. In this regard, PIA Engineering for the first time successfully completed ‘Check A’ on one of its A320 aircraft after completion of 750 flying hours at…