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No loadshedding during Eid holidays KARACHI: K-Electric continues its tradition of exempting Eid holidays from any loadshedding and will ensure uninterrupted power supply on Eid-ul-Azha,A statement issued by K-Electric here on Tuesday said there will be no loadshedding from October 5 to 8, in the city and its surrounding areas.There might be an occurrence of fault which should not be mistaken as loadshedding , the statement further said.Copyright APP (Associated Press of Pakistan), 2014

Three-day public holiday announced for Eid-ul-Azha ISLAMABAD: The Federal Government on Tuesday announced a three-day public holiday on the occasion of Eid-ul-Azha.According to a notification issued by Ministry of Interior here, October 6, 7 and 8 (Monday, Tuesday and Wednesday) will be observed as public holidays on the occasion of Eid-ul-Azha. Copyright APP (Associated Press of Pakistan), 2014

Shipping activity at Port Qasim KARACHI: Three ships C.V MSC Vidhi, C.V Safmarine Nagmai and M.T Autaurus carrying containers and palm oil were arranged berths at Qasim International Container Terminal and Liquid Cargo Terminal respectively at Port Qasim (PQ) on Monday, port sources said here on Tuesday.Two more ships with container and palm oil also arrived at the outer anchorage of Port Qasim during the last 24 hours.Berth occupancy was reported at the Port at 50% on Monday, where seven ...

'Story of the Pakistan Navy' formally launched ISLAMABAD: Pakistan Navy formally launched the second volume of Book "Story of the Pakistan Navy" aimed at providing an insight of growth and progression of Pakistan Navy to the future generations here.Chief of the Naval Staff Admiral Muhammad Asif Sandila graced the launching ceremony yesterday as chief guest.This latest volume of Book covers the decade long period from 1972-1983, narrating the revitalizing phase of Pakistan Navy and focuses on the significant events and developments made ...

Pakistan Steels achieves 22pc capacity utilization mark KARACHI: Pakistan Steel Mills has already achieved 22% of capacity utilization (CAPU) till September 20 and is expected to touch 45-50% mark by next month, said its Chief Executive Officer, Major General (Retd.) Zaheer Ahmed Khan.Talking to delegation of the clients of Pakistan Steel Mills at Operations Building, Bin Qasim, he said a financial re-structuring package worth Rs. 18.5 billion have been recently given to PSM by the Government of Pakistan, for the revival of ...

Observers declared election 2013 free, fair: Dr. Rasheed Ahmed Khan ISLAMABAD: Analyst Dr. Rasheed Ahmed Khan has said that foreign observers in their reports declared the elections of 2013 free and transparent as compared to the previous elections.Talking to Radio Pakistan, he said election violence was also less in the elections of 2013.He said that for the first time in the history of the country, all political parties including PTI accepted results of the elections.He said that results sheets should be prepared on every election ...

50MW wind power plant to be built near Gharo KARACHI: The Sindh province has gained another Chinese investment of US$ 130 million for the establishment of 50MW Wind Power Project near Gharo city.This project will be executed by two private companies - Hydro China and Dawood Power (Private) Limited - under joint venture, said a handout issued here on Monday.The project would be financed by the Chinese state-owned bank, whereas the Sindh government has allotted 1720 acres of land to the company after it ...


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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklySeptember 25, 2014
Reserves $13.305 bln