From the News, Nation, Dawn, Pakistan Observer, Daily Times, Frontier Post, Nawa-i-Waqt (Urdu) and Jang (Urdu) newspapers                                                                            

23 January, 2009

LOCAL NEWS   

ECONOMIC 

-     Islamabad (APP) Small and Medium Enterprises (SME)) sector in the country is playing an important role in the development of national economy as this sector has about 90 percent share in private industrial enterprises, provides jobs to 78 percent non-agriculture labor force, contributes 25 percent to manufacturing export earnings and 30 percent to GPD. (Pakistan Observer, p-6) 

INTERNATIONAL NEWS

ECONOMIC 

-     Tokyo (AFP) Japan’s export plummeted at a record pace in December, as spreading global slowdown choked off demand for the country’s cars and gadgets. (Pakistan Observer, p-6)