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Pakistan, Indonesia bilateral trade seen at $ 15 bln in three years

Source: app | 26-11-2012

Pakistan, Indonesia have decided to explore new venues of cooperation in the next three years and bilateral trade between them is likely to touch US $ 15 billion mark by 2015.Indonesian Minister for Industries M.S. Hidayat and Minister for Agriculture Suswono said that current bilateral trade volume between the two countries is below US$1.5 billion but Pakistanâ€™s exports to the largest ASEAN economy is increasing which will get a great push after Preferential Trade Agreement (PTA) comes into force.They said this while speaking to a group of business community led by Atif Ikram Sheikh, Senior Vice Chairman of Pakistan Vanaspati Manufacturers Association (PVMA) who is also Chairman Coordination, FPCCI Capital Office,Islamabad, says a statement issued by the Chamber here on Friday.

Will increase salaries next year: Finance Minister

Source: GEO News | 13-06-2013

ISLAMABAD: Federal Minister for Finance and Revenue Muhammad Ishaq Dar has said that austerity measures would save Rs40 billion. Addressing a post-budget press conference here on Thursday, the minister said that the government was going to tax Haj operators instead of pilgrims, adding that the government had put the country on the right path from day ..... Read more

LG leads industry with OLED TV

Source: The Nation | 22-01-2013

Speaking at the International Consumer Electronics Show in Las Vegas, Havis Kwon, President and CEO of the LG Electronics expressed confidence in LG’s ability to lead the next generation TV market. “2013 is an important year because for LG, it marks the beginning of a new TV era,” said Kwon. “With game-changing products such ..... Read more

Dollar up against yen

Source: Dunya News | 21-04-2014

The dollar rose against the yen in quiet Asian trade Monday after data showed Japan s trade deficit quadrupled year on year in March. The greenback fetched 102.63 yen in Tokyo mid-day trading, up from 102.46 yen Friday, while the euro was up at 141.74 yen from 141.46 yen. The single currency also fetched $1.3810, against $1.3812. Most leading financial mar..... Read more

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