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WB asked to help Sindh in generating environmental friendly coal-fired power KARACHI: Sindh Chief Minister Syed Qaim Ali Shah has requested the World Bank (WB) to assist the provincial government for coal fired low-cost power generation in Sindh.Talking to WB Country Director Illango Patchamuthu who called on him at the CM House here on Monday, the chief minister urged the World Bank to finance coal-fired power generation in the province.In response the World Bank representative informed that the bank has stopped funding coal-fired power generation for certain reasons such as environmental issues.The chief minister reminded him that the World Bank was financing coal-fired power generation in South African countries. "Keeping in view that instance and our dire need the World Bank must consider our request," he urged.Syed Qaim Ali Shah also said that the Bank could also help Sindh government in acquiring new technology to generate environment friendly and cheap coal-fired energy.On this the Country Director assured that he would talk ...

Teachers have great impact on personality: Shahbaz LAHORE: Punjab Chief Minister Muhammad Shahbaz Sharif has said teachers have the biggest impact on the personality of a human being after parents.In his message on International Teachers' Day, he said that teachers have a high status in the society as they play an important role in the guidance and character-building of students.Chief Minister Muhammad Shahbaz Sharif said that the purpose of celebrating 'Salam Teachers Day' was to highlight the importance of education and dignity ...

Nisar takes notice of allegedly derived a legitimate owner of his property thorough forged documents ISLAMABAD: Interior Minister Ch Nisar Ali Khan Monday took notice of a media report which stated that two lawyers have allegedly derived a legitimate owner of his property in Sadar Karachi thorough forged documents.Taking notice of the report, the Interior Minister directed Federal Investigation Agency (FIA) to collaborate with National Accountability Bureau (NAB) and to undertake joint investigation into this reported incident, said a press release issued by the ministry of Interior.The minister said that ...

Traders delegations call on Shahbaz Sharif LAHORE: Punjab Chief Minister Muhammad Shahbaz Sharif said on Monday that traders' community plays a key role in stability of economy and has also taken an active part in relief activities in case of any calamity faced by the country. He was talking representative delegations of traders community which met him separately here. The delegations were led by All Pakistan Anjuman e Tajran (APAT) President Khalid Pervaiz, PML-N Traders Wing Patron-in-Chief Anjum Butt and Anjuman-e-Tajran ...

LSE downs by 91.66 points LAHORE: Lahore Stock Exchange here Monday witnessed bearish trend by loosing 91.66 points, as the LSE Index-25 opened with 5588.02 points and closed at 5496.36 points. The market's overall situation also did not correspond to an upward trend as it remained at 829,200 shares to close against previous turnover of 943,500 shares, showing a downward slide of 114,300 shares. While, out of the total 67 active scrips, only five moved up, 14 shed values and ...

Pakistan accounts for 40,000 deaths from breast cancer annually KARACHI: Despite the fact that Pakistan accounts for 40,000 breast cancer induced deaths annually, striking across the economic strata, it largely remains a taboo subject to be discussed on public forums.Doctors talking to APP Monday regretted that in our context reproductive health and procreative behavior, that are fundamental aspects of life, are given little or no attention in public policy discussions because of culture, taboos and wide range sensitivities."Open discussion about breast cancer can lead ...

Teachers to play constructive role in updating students: Fatima Hasan ISLAMABAD: Teachers should play a very constructive role in the personality building of the students and should facilitate them with updated knowledge to meet every challenge in future life.These words were expressed by renowned urdu poetess Dr Fatima Hasan of Karachi in an interview on the occasion of 'World Teachers Day' 2015 on PTV NEWS Monday.She said teachers should help in student's character building so that they should have capacity to deal with all matters ...


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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-1.988 bln
Exports $1.835 bln
Imports $3.823 bln
WeeklyOctober 05, 2015
Reserves $18.349 bln