Pakistan Jewelry and Gems exports surge 138% in 8 months of the Financial Year

[alimohsan52]

Source: http://www.pakistantoday.com.pk/2013/03/27/news/profit/jewelry-exports-surge-138-in-8-month-of-fy13/

ISLAMABAD - The exports of gems and jewelry in the country has witnessed sharp increase of 16.99 percent and 138.73 percent respectively during first eight months of current financial year against the same period of last year.

The jewelry exports during the period under review were recorded at US$ 1.21 billion while during last year, the exports stood at US$ 506.3 million.

The gems exports stood at $2.74 million during July-February 2012-13 against the exports of $2.343 million during July-February (2011-12). According to data of Pakistan Bureau of Statistics (PBS), the jewelry exports of the country on month on month basis decreased by 48.07% and increased by 72.22% during February 2013 when compared February 202 and January 2013 respectively.

The jewelry exports, decreased from $147.969 million in February 2012 to $76.841 million in February 2013.

 

[Unicorn]

Tumhay Pakistan kee koi achee khabar sun kar kui pait mai dard hoti hai tera? ;)

Whilst there may be many negative points in the country at the moment, but we also must appreciate any positives.

You are doing a good job, working hard trying to look for it and post it here(clap)(clap). On a slow news day you also work hard and find a Indian rape thread only when you can't find a good news and that makes us feel good too and we get to curse at India. Its a win win situation(clap)(clap)

 

[Unicorn]

This loser @Bangash is saying I am paid by Zardari :)

Why do you care? Some people are too political and think you are promoting Zardari.

Exports going up is good news, gives people jobs and it will remain so there is no counter point against it, except at the fiscal year end to see weather GDP went up passed the rate of inflation or not.

 

[alimohsan52]

Why do you care? Some people are too political and think you are promoting Zardari.

Exports going up is good news, gives people jobs and it will remain so there is no counter point against it, except at the fiscal year end to see weather GDP went up passed the rate of inflation or not.

I am very excited by the Gwadar Project, I think it will gave a huge opportunity to trade with Central Asia. Tajikistan has built their side of the road and China is builing the railway hub to connect with with western province. Ultimately China will benefit by opening up its Western border, but I am very very excited.

 

[Unicorn]

I am very excited by the Gwadar Project, I think it will gave a huge opportunity to trade with Central Asia. Tajikistan has built their side of the road and China is builing the railway hub to connect with with western province. Ultimately China will benefit by opening up its Western border, but I am very very excited.

Its good to be excited but the fact is Pakistan's ability to trade depends solely on its ability to produce quality products at a competitive price not on Gwadar. There is nothing stopping Pakistan from shipping their products to central Asia they don't need to end up at Gwadar port. China will not save any money using Gwadar it would only cut down the delivery time to Europe it may even cost more per container.

Let me here from you in a summary as what is required so that Pakistan can produce quality goods. There is a whole lot.

 

[alimohsan52]

Its good to be excited but the fact is Pakistan's ability to trade depends solely on its ability to produce quality products at a competitive price not on Gwadar. There is nothing stopping Pakistan from shipping their products to central Asia they don't need to end up at Gwadar port. China will not save any money using Gwadar it would only cut down the delivery time to Europe it may even cost more per container.

Let me here from you in a summary as what is required so that Pakistan can produce quality goods. There is a whole lot.

First and foremost thing which I believe is; greater investment in research and development, more usage of technology. Our potential in technological research is huge, more than 60 univeristies in Pakistan research into robotics technology.

However, I think even more so the geo-strategic location of Pakistan will open up trade to the landlocked countries and help Pakistan become a hub for trade.

 

[Unicorn]

First and foremost thing which I believe is; greater investment in research and development, more usage of technology. Our potential in technological research is huge, more than 60 univeristies in Pakistan research into robotics technology.

However, I think even more so the geo-strategic location of Pakistan will open up trade to the landlocked countries and help Pakistan become a hub for trade.

Here are the fundamentals:

Entrepreneurs .Entrepreneurs. Entrepreneurs they are rarely produced at University

Educated and disciplined work force.

Less or no bureaucratic red tape

 

[alimohsan52]

Here are the fundamentals:

Entrepreneurs .Entrepreneurs. Entrepreneurs they are rarely produced at University

Educated and disciplined work force.

Less or no bureaucratic red tape

That is one aspect, but I feel Pakistan has no shortage of talent, we need a supporting structure such as banks being lenient in providing capital to sole traders and Small and medium sized enterprises.

Just as an off topic news: A 4 year old girl has been raped in India, may Allah tallah bring the culprits to Justice.

 

[khanpanni]

دنیا میں جہاں سونے کی قیمت میں اضافہ ہوا ہے وہاں قیمتی پتھروں کی مانگ بڑھی ہے اور سپلائ کم ہوئ ہے ۔ ضرورت اس بات کی ہے کہ قیمتی پتھروں کی کٹائ اعلئ معیار کی ہو ۔
اس کاروبار کی آمدن حکومتی خزانے میں جاتی ہے یا پائیویٹ کھاتا