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Asfandyar Wali condemns Peshawar blast PESHAWAR: Central President Awami National Party, Asfandyar Wali Khan here Tuesday strongly condemned the car bomb blast in Peshawar and expressed profound grief and sorrow over the loss of precious lives.In a press statement issued here, he said those who are sabotaging the peace could not become the well wishers of the country.He termed attack on security officials as cowardice act and said such inhuman incidents can't deter the determination of people and security officials. He demanded of the government to immediately arrest the culprits involved in this gory incident and award them exemplary punishment. Asfandyar Wali said those who create restiveness in the country, are in fact enemy of the country and such elements have no ideology and religion.He alleged that the rulers of Khyber Pakthunkhwa have left people on the mercy of terrorists by staging sit-in Islamabad that was a matter of great concern.He prayed Allah Almighty to ...

Pakistani air strikes leave 23 militants dead PESHAWAR: Pakistan's military on Monday killed 23 militants in air strikes on hideouts in the country's restive northwest, where the army has launched an offensive against Taliban insurgents, officials said. Pakistan began a long-awaited push to clear militant bases from North Waziristan, which borders Afghanistan, in June after a bloody attack on Karachi airport finally sank faltering peace talks with the rebels. Air strikes, artillery, mortars and ground troops have been used to retake territory ...

Pakistan and Japan can become business partners: Envoy ISLAMABAD: Pakistan's Ambassador to Tokyo Farukh Amil has said that Pakistan and Japan could become business partners as the present elected government was focusing on enhancing relations with countries in the South Asian region.He was talking to governor of Aichi Hideaki Ohmura during a call on the latter here Monday. They discussed ways to boost relations between the industrial heartland of Japan and Pakistan. The Governor welcomed the Ambassador after a gap of 10 years ...

ISE-10 index stays Bearish ISLAMABAD: The Islamabad Stock Exchange(ISE) on Monday witnessed bearish trend as the ISE-10 index was down by 8.72 points to close at4533.87 points.A total of 9,500 shares were traded, which showed a growth of 6,800 shares, when compared with previous day's trading of 2,700 shares.Out of 150 companies, share prices of 71 companies recorded increase while those of 79 companies decreased and no company remained stable in today'strading.The share price of Siemens Pakistan Engineering increased ...

Eid-ul-Azha brings business for butchers, blacksmiths on annual basis ISLAMABAD: Eid-ul-Azha, brings good business for butchers and blacksmiths on annual basis, who charge the public at their will, due to monopoly.With Eid-ul-Azha fast approaching, butchers in the twin cities of Islamabad Rawalpindi have started the preparations in this regard.A butcher Imran Rao said "days of Eid-ul-Azha bring unusual income for us as we get sufficient business as compared to other days of the year.""Finding a butcher during the Eid days is a difficult task ...

Hajj corruption case: SC grants bail to Rao Shakeel ISLAMABAD: The Supreme Court on Monday approved bail of Roa Shakeel, a key accused in the Hajj corruption scandal.The three-member bench by Justice Anwar Zaheer Jamali comprising Justice Ejaz Afzal Khan and Justice Qaiz Faez Isa heard the case and ordered to release Rao Shakeel on bail after he submitted a surety bond worth Rs10 million.Shakeel, who is former Director General Hajj Affairs, has been under arrest since last four years.Shakeel, served as the Director ...

Petroleum group exports up by 53.53pc in two months ISLAMABAD: Petroleum group and coal exports from the country during the first two months of current financial year registered an increase of 53.53 percent as compared to the same period of last year.Petroleum products worth US$ 194.982 million exported during the period from July-August, 2014 as compared to the exports of US$ 127.00 million of corresponding period of last year, said the data of Pakistan Bureau of Statistics (PBS).During the period under review about 66,864 ...


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Banking Review 2013

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.434 bln
Exports $1.930 bln
Imports $3.364 bln
WeeklySeptember 18, 2014
Reserves $13.525 bln