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Exports in July increase 9.28pc to Rs.210,491 million ISLAMABAD: Exports from the country in rupees term increased by 9.28 percent during the first month of the current fiscal year as against the same month of last year.Exports during July 2013 amounted to Rs.210,491 million against the exports of Rs.192,624 million during July, 2012, according to provisional figures of Pakistan Bureau of Statistics (PBS).On month-on-month basis, the exports from the Country, however, decreased by 2.82 percent in July 2012 when compared to the exports of Rs.216,588 million in June 2013.The main commodities of exports during July, 2013 included cotton cloth (Rs.23,317 million), knitwear (Rs.20,420 million), cotton yarn (Rs.20,267 million), readymade garments (Rs.18,358 million) and bedwear (Rs.17,157 million).The other items that witnessed increase in exports in July 2013 were rice other than basmati (Rs.11,675 million),towels (Rs.6,593 million), made up articles (excluding towels, bedwear) Rs.5,802 million), rice basmati (Rs.5,789 million) and cement (Rs.5,174 million).On the other hand, imports into the country ...

Govt providing better health, education facilities: CM SUKKUR: The Chief Minister (CM) Sindh, Syed Qaim Ali Shah has said that government is taking measures to improve life of masses and paying attention to provide better health and education facilities to the people of remote areas of the province.Talking to people from different walks of life at circuit house Khairpur late Wednesday evening, the CM said that they would handle the flood situation in Sindh as they had provided relief to the flood ...

FBR to facilitate businessmen in tax compliance: Mian Saeed Iqbal ISLAMABAD: An Advisory Committee comprising representatives of ICCI and Regional Tax Office (RTO) Islamabad may be formed to facilitate taxpayers, to avoid any element of harassment in business community and to improve tax revenue, said Mian Saeed Iqbal, Chief Commissioner, RTO, Islamabad while addressing a large number of traders and industrialists at Islamabad Chamber of Commerce & Industry.He said the said Committee should hold monthly meetings to analyze development and address problems of businessmen with ...

Altaf Hussain condemns act of barring women from voting LONDON/KARACHI: The Muttahida Qaumi Movement (MQM) chief Altaf Hussain on Thursday condemned the act of barring women from voting.In his statement, Altaf Hussain said that it was violation of human rights to stop women for voting.Women voters in Khyber Pakhtunkhwa’s Nowshera and other areas were barred from casting their votes in by-elections.Sources said representatives of political parties and local tribal elders had an agreement under which women voters in Nowshera’s NA-5 constituency and other areas ...

Shipping activity at Port Qasim KARACHI: A ship carrying containers was berthed at Qasim International Containers Terminal on Wednesday Aug. 21.Meanwhile four more ships carrying containers, diesel oil, edible oil and rape seed also arrived at outer anchorage of Port Qasim during last 24 hours.Berth occupancy was 55% at the port on Thursday where a total six ships namely CGM Chopin, Ikan Salmon, Beks Nazik, Arundel Castle, MT. Brizo and Mykines are currently occupying berths to load/offload containers, cement, fertilizer. ...

NA condemns violation of ceasefire along LoC ISLAMABAD: National Assembly on Thursday condemned continued violation of ceasefire by the Indian forces along Line of Control and called for constructive engagement.Unanimously adopted resolution paid glowing tributes to Capt Sarfraz of Pak Army who was martyred due to unprovoked shelling on LoC near Sakardu on Tuesday.This House condemns this act of aggression and also expresses serious concerns on continued violation of ceasefire across LoC by the Indian army, the resolution presented to the House ...

Good relations with India vital for peace, stability in the region ISLAMABAD: International Relation Expert Dr. Nazir Hussian said that good relations with India is vital for peace and stability in the region.Talking to Radio Pakistan, he added that the important thing in Prime Minister's speech was Kashmir issue.Regarding Prime Minister Nawaz Sharif's speech to Nation, Dr. Nazir said that peace in Pakistan is connected with peace and security in Afghanistan.Dr. Nazir said that after long time Kashmir issue was touched in Nawaz Sharif's speech which ...


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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 $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln