Tag Archives: Market

‘Pakistan emerging market for Chinese investment’

‘Pakistan emerging market for Chinese investment’

LAHORE: Pakistan offers plenty of opportunities for Chinese investment in all sectors. Lahore Chamber of Commerce and Industry President Shahzad Ali Malik and SAARC Chamber of Commerce and Industry Vice President Iftikhar Ali Malik said in a join statement on Thursday. They said Pakistan provided significant possibilities for Chinese and other foreign investors. “”Pakistan will achieve sustained growth in key sectors, including increase in per capita income and improvement in

Managerial disorders at Johar Town G1 market

LAHORE: Johar Town G1 market has become an example of the worst commercial area management as it faces numerous problems that not only affect the visitors but also the commuters.
The unhygienic conditions, parking disorders and illegal stalls have misshaped the market completely. The market is considered to be one of the key areas as residents from all over Johar Town and even closely situated societies such as Canal View, Tech society, Alpha Society, WAPDA Town, Judicial Colony

Pakistan wants a crack at the Japanese textile market

KARACHI: Pakistan, in collaboration with Japan International Cooperation Agency (JICA), will seek to raise the quantum of trade with Japan through promotion of its textile products.
JICA members have recently toured the textile factories located in Karachi to examine the quality and market value of Pakistani textile products which hold a meager share in the Japanese market.
The tour was organised by Trade Development Authority of Pakistan (TDAP) as part of a concerted effort

30 shops robbed in Karachi mobile market, traders protest

KARACHI: Thirty shops at the Kohinoor Mobile Market in Saddar – commonly known as ‘Electronics Market’- were robbed of cash and goods worth Rs 10 million in the wee hours of Friday. When the shopkeepers arrived at the market in the morning, they saw that the shutters’ locks were broken and their cash and goods gone. The shopkeepers and union representatives closed the mobile markets located at Abdullah Haroon Road in protest and chanted slogans against law enforcers. They blocked the

Crowded junk bond market faces bumpier 2011

LONDON: High-yield corporate bonds are unlikely to repeat this year’s rosy performance in 2011 as inflation threats and a stronger appetite among companies to releverage pose risks to what many see as a crowded market.
The typical underperformance of corporate debt to equities in an expansionary economic cycle, which many investors believe financial markets are in now, and the lingering euro zone debt crisis are also likely to take the shine off these bonds into the new year.

Two NATO, 2 Afghan soldiers die in market suicide attack

KHOST: Two NATO and two Afghan soldiers were killed in a suicide attack at a market close to a joint military base in the east of the country on Sunday, coalition and local officials said.
An unknown number of Afghan soldiers and troops with NATO’s International Security Assistance Force (ISAF) were also injured in the blast that tore through the bazaar in Gardez, the provincial capital of Paktia.
“There was some sort of explosion near the operating base in Gardez

The rationale for market liberalisation

LAHORE: South Asia has the largest concentration of poor and undernourished people in the world, so food security – especially in basic staples such as wheat, rice and corn -must assume a greater importance on the agendas of all the governments of the Subcontinent.
South Asia witnesses a sharp upturn in inflation, ranging from 50 to 100 percent in the prices of basic staple products owing to persistent food price inflation in 2007-08 in global markets. The unprecedented price

Gilani seeks enhanced market access

ISLAMABAD: Prime Minister Yousaf Raza Gilani on Sunday asked international donors for enhanced markets access for Pakistani goods saying serious economic challenges confronting the country could not be overcome through aid alone.
Addressing the Pakistan Development Forum (PDF) participants at a dinner, the prime minister said, “For Pakistan, its people and its democratic government, development remains an overwhelming strategic priority.”
“The PDF affords a useful platform

Airbase attacked, 10 killed in Afghan market bombing

KABUL: The Taliban launched a pre-dawn attack on a NATO base in eastern Afghanistan on Saturday, triggering a firefight with foreign and Afghan forces that left eight militants dead.
Another 10 people, including three children, were killed in a motorcycle bombing in a market in a remote area of northern Afghanistan in an attack apparently targeting a local pro-government militia leader. The Taliban, which often exaggerates details of its attacks and foreign casualties, said 14

Market survey for DTH service

A market survey evaluating the possible application of direct-to-home (DTH) telecom service is being conducted to determine the number of licences which will be issued, Mushtaq Malik, the chairman of the Pakistan Electronic Media Regulatory Authority (PEMRA), informed Pakistan Today on Wednesday.
DTH is a digital satellite service that provides television services direct to subscribers. “DTH is the requirement of the market now, and we support the introduction of

Mismanagement mars Tollington Market

The Tollington Market, which was once famous for bakery items and groceries, has been turned into a filthy and unhygienic business centre due to mismanagement by the City District Government Lahore (CDGL) authorities, Pakistan Today has learnt.
The market located in Shadman has 107 shops and receives more than 500 visitors daily. But citizens are unhappy with the current state of affairs at the market. “The first thing a person notices about the market is thestench as

‘Cylinder explosion in Barkat Market mistaken for cracker’

A low-intensity blast occurred in an empty plot causing fear among the Barkat Market traders in the jurisdiction of Garden Town police on Monday evening.
Details reveal that a low intensity blast took place in a heap of garbage in an empty plot near Central Plaza of Barkat Market. Police said no injuries occurred as a result of the blast. Rescue teams, police and bomb disposal squad officials rushed to the blast site and cleared the area after a half-an-hour search

Government will maintain free market stance, says Mirza Ikhtiar

There is unanimous accord among the major decision-makers that the fundamental principles of the free market must not be disrupted, and the government would not attempt to intervene in setting the domestic price of raw cotton, given prices prevailing on the world stage.
This was stated by Federal Adviser on Textiles Dr Mirza Ikhtiar Baig, while addressing a joint press conference with All Pakistan Textile Mills Association Chairman Ejaz Gohar at the APTMA House on