Expansion in the volume of global merchandise trade would pick up only slightly in the coming two years as presently it grows from 2.8 percent in 2014 to 3.3 percent in 2015 and eventually it will grow to 4.0 percent in 2016. Trade growth would therefore remain well below the yearly average of 5.1 percent recorded since 1990. The modest gains during 2014, marked third consecutive year in which …

  The government vision for the growth of telecommunication sector is fighting fit, affordable as quality telecommunication services are being offered by open, competitive and well managed markets for the advantage of economy and society. The government has formulated a comprehensive ‘Pakistan Telecommunication Policy 2015’ and believed that it would spur socio-economic development and act as a catalyst towards achieving knowledge based society. The present government proclaimed that the telecommunication …

  Presently Pakistan’s telecom industry investments, counting proceeds from 3G/4G spectrum auction and more contributions from operators in infrastructure, have crossed US$2.67 billion mark. The launch of 3G/4G (mobile broadband services) was a success story as within a short span its commercial launch has become a sensation, broadband subscribers have crossed 26 million and the broadband penetration has gone up from less than 3 percent to over 15 percent. FOREIGN …

  Food production is mainly focused for immediate consumption, packaging or both. After purchase, meals may be consumed on-site, taken out or delivered. The fast pace of modern life increases the demand for quick-service restaurants. Nevertheless, people are more aware of what they consume and the effect it may potentially have on their health. This awareness creates a great demand for alternative quick-service foods. The push for healthier fast food …

  No doubt, agriculture sector is a vital component of Pakistan’s economy as it offers the raw materials to down the line industries and assists inpoverty alleviation. This sector contributed 19.8 percent in GDP and it remains by far the largest employer absorbing 42.3 percent of Pakistan’s total labor force. The agriculture sector growth is contingent on favorable climate conditions. There is a strong relationship between agriculture and climate/temperature, precipitation, …

  Pakistan edible oil industry has diversified not only as ghee/cooking oil manufacturers but additionally as refiners and seed crushers. The major oilseed crops grown in Pakistan include canola, sunflower, rapeseed/mustard and cotton. Pakistan also grows sesame and groundnuts but their production is very limited as the cost is too high to yield competitively-priced oils. IMPORTS PAYMENTS BY SOYABEAN & PALM OIL (Thousand US $) DETAIL JUL-15 AUG-15 SEP-15 OCT-15 …

  Oil prices are always debatable and remain an important variable in determining the economic activity of any country. Over the past few months, the price of oil has declined by greater than 30 percent and is hovering almost the $55 to 60 mark for a barrel. More significant breakthrough recorded in the oil industry which after two years ago, global oil prices crashed after the world started pumping out …

  Overcoming the energy problems in Pakistan is still top priority of the Government of Pakistan. The government is intended to complete its commitments realizing the fact that good governance and regulation would contribute to an affordable, sustainable and reliable power system. World average per capita energy consumption is 2,730 kWh as against to Pakistan’s per capita energy consumption of 451 kWh. International Energy Agency has predicted that total electricity …

  Presently solar energy is getting popular in the entire world and its use can enhance by 40 percent in next 5-year. Experts analyzed that Pakistan is best placed to utilize solar energy in meeting energy shortfalls, balance energy mix and decline reliance of imported fuel. The nation require similar zeal as expressed in attaining nuclear energy as domestic oil & gas extraction has not progressed while pace of progress …

  Gas is not being consumed through the transport sector alone. It has been piped to households since the 1980s subject to heavy transit loss. It is even utilized to create electricity because Pakistan has steadily moved from river water to gas together with other oil-based fuels. It is utilized for industry, also particularly in the crucial fertilizer sector. Due to the imbalance of consumption in the non-industrial sector, gas …