Expo ‘It’s all about Chemistry” inaugurated

A Traveling Expo on “It’s all about Chemistry” inaugurated at Shah Abdul Latif University, Khairpur, jointly organized by Pakistan Science Foundation (PSF) Islamabad, Embassy of France and Science Centre, France on Tuesday. Prof Dr. Ghulam Raza Bhatti Pro-Vice Chancellor Shikarpur Campus SALU, Khairpur inaugurated the Expo. On the occasion, addressing the ceremony Prof Dr. Ghulam Raza Bhatti said that we must strive hard for the science, because the science is must for the development of country and travelling expo is the great effort of PSF. This expo will pave the way of knowledge to researchers and students.

Expo held to increase interest of youngsters in chemistry

http://www.brecorder.com/images/pic2012/imoiuy.jpgSix-day Travelling Expo “Its all about Chemistry” started at Sindh Agriculture University, Tandojam. Pakistan Science Foundation (PSF) with the support of France Embassy arranged the Expo to provide a first-hand picture of the role of Chemistry in our daily life to students and general public. More >

Pakistan’s forex reserves ease to $16.90 billion

Pakistan’s foreign exchange reserves eased marginally to $16.90 billion in the week ending Jan. 6, from $16.92 billion the previous week, the central bank said on Thursday.

Reserves held by the State Bank of Pakistan (SBP) fell to $12.82 billion from $12.88 billion a week earlier, while those held by commercial banks rose to $4.08 billion, compared with $4.04 billion the previous week.

Pakistan urged to up textile trade with ECO countries

Pakistan has been called on to utilise its political and diplomatic ties to boost its trade with the Economic Cooperation Organisation (ECO) nations to support its domestic value-added textile industry.

The ECO is an intergovernmental regional organisation for promoting economic, technical and cultural cooperation among its 10 member states – Afghanistan, Azerbaijan, Iran, Kazakhstan, Kyrgyzstan, Pakistan, Tajikistan, Turkey, Turkmenistan and Uzbekistan.

Pak economy can benefit from debt market

Pakistan’s economy and the financial sector are now at a stage where they can support and benefit from a vibrant and efficient debt market.

The size of private debt, or Term Finance Certificates (TFCs) in Pakistan, remained around Rs 74 billion (0.5% of GDP), which is paltry as compared to the outstanding domestic government debt of Rs 4.64 trillion (31.4% of GDP). There is clearly underexploited capacity available to support economic growth.

Garment sector loses $800 million export orders

The garment sector lost export orders of $800 million during the first five months of this fiscal year because of the electricity crisis. The garment exports declined by 10 per cent in October and 17 per cent in November.

“If the European Union puts a ceiling on the export of seven items which are included in the market access package, the garment exports will fall further and thousands of workers will lose their jobs,” Pakistan Readymade Garments Manufacturers and Exporters Association (Prgmea) chairman Shehzad Salim said at a media briefing here on Tuesday.

BD keen to promote trade with Pakistan

http://t0.gstatic.com/images?q=tbn:ANd9GcQOsT8W3o6nwNOxomgsQox-b3Zm2BrhKaFCQg14g0Kws03fXci_Bangladesh High Commissioner to Pakistan Suhrab Hossain has said that Bangladesh making strenuous efforts for strengthening trade ties with Pakistan. More >

Thai exporters seek Pakistani rice for China

Rice dealers in Thailand are looking to buy grain from Pakistan for delivery to China, traders said, as the Thai government’s policy of setting a relatively high minimum price for the grain threatens its status as a top exporter. “Pakistan’s prices were cheaper so Thai exporters could make a profit from that rather than buying from domestic markets, which have been pushed up by the government,” a Thai trader said.

Export of chemicals, pharma products surges 43.02pc

The export of chemicals and pharma products surged by 43.02 percent during first quarter of current year as compared to the same period of last year.

The country has exported the commodities worth US$ 257.232 million during July-September 2011 against the export of US$ 179.853 million in July-September 2010.

Pak Petroleum, Coal Exports Up 38 Percent

Pakistan’s petroleum and coal exports rose by over 38 percent in the first quarter of 2011 compared to the corresponding period last year.

During July-September 2011-12, it exported petroleum and coal products worth $374.48 million compared to $270.56 million during the same period in 2010-11, The News reported Wednesday quoting the Federal Board of Statistics (FBS).