Tag Archives: Grow

Food, textile grow by 46.05pc in FY2011

According to a product wise analysis of exports, which have achieved the historic figure $24.83 billion during July–June (2010-2011), the Textile and Agricultural sectors have shown tremendous growth. Group-wise exports of Pakistan

Auto sector expected to grow

Indus Motor Company (IMC) Chief Executive Officer Pervez Ghias, in an interview with Profit, said it is expected that the automobile industry will grow by 8 per cent in the financial year

Bank deposits grow by Rs564b

Even though a sizeable chunk of bank credits are turning into bad debts owing to the current global economic downturn, bank deposits have mostly been moving northward throughout the outgoing fiscal year

‘Grow at 7 per cent for 20 years’

Planning Commission (PC) Deputy Chairman Dr Nadeem- ul-Haque stressed that Pakistan needs to maintain the growth rate of seven percent for 20 years for the provision of jobs to its increasing population

Yemen tense as calls on Saleh to quit grow

SANAA – Tension simmered in Yemen on Monday after a fruitless meeting with Gulf mediators and late night demonstrations turned violent in Sanaa. The streets of Sanaa appeared quiet on Monday following overnight clashes with security forces, an AFP correspondent reported.
Late on Sunday, hundreds of thousands of men and women protested against President Ali Abdullah Saleh’s call for an end to men and women demonstrating together against the regime, and called for his ouster.

Yemen tense as calls on Saleh to step down grow

SANAA – Tension simmered in Yemen on Monday after a fruitless meeting with Gulf mediators and late night demonstrations turned violent in Sanaa.
The streets of Sanaa appeared quiet on Monday following overnight clashes with security forces, an AFP correspondent reported.
Late on Sunday, hundreds of thousands of men and women protested against President Ali Abdullah Saleh’s call for an end to men and women demonstrating together against the regime, and called for his

Car sales grow 24pc in March

KARACHI – Car sales, last month, improved by an annual 24 percent and reached 15,634 units compared to 12,618 units in the same period last year, according to recent data released by the Pakistan Automotive Manufacturers Association (PAMA). A month-wise analysis depicted a sales boost of 17 percent spurred by delivery of CNG vehicles, booked in January and February FY11, in the outgoing month.
“Thus, with these numbers, 9MFY11 marked an annual 14 percent improvement,” said

Flood-hit economy to grow by 4 pct in 2011/12: Pakistan Officials

ISLAMABAD – Pakistan’s economy is expected to grow 4 percent in the coming financial year starting July 1, picking up steam again after devastating floods pushed back growth to around 3 percent this year, officials said on Thursday.
“We are looking at a growth rate of 4 percent for the next year because of a good services sector and on hopes of better farm output,” said a Finance Ministry official who did not want to be identified.
The figure compares with a 3.7 percent

Flood-hit economy to grow by 4 percent in 2011-12

ISLAMABAD – Pakistan’s economy is expected to grow 4 percent in the coming financial year starting July 1, picking up steam again after devastating floods pushed back growth to around 3 percent this year, officials said on Thursday.
“We are looking at a growth rate of 4 percent for the next year because of a good services sector and on hopes of better farm output,” said a Finance Ministry official who did not want to be identified. The figure compares with a 3.7 percent growth

Smartphone market set to grow by 50pc in 2011

WASHINGTON – The worldwide smartphone market will grow nearly 50 percent this year and Google’s Android will take over as the leading operating system, a technology market research firm said Tuesday. International Data Corp (IDC) said smartphone vendors are expected to ship more than 450 million smartphones in 2011 compared to 303.4 million last year. IDC said the smartphone market will grow more than four times faster than the overall mobile phone market as consumers and enterprise

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