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Pak maritime trade to further boost as China accelerates planning to re-connect Maritime Silk Road BEIJING: The maritime trade of Pakistan will get further boost through inter-connectivity as the Chinese government is stepping up the planning of reviving the Maritime Silk Road in the 21st century, with port construction as the priority, according to local media.The plan is expected to focus on infrastructure construction of countries along the route, including ports of Pakistan, Sri Lanka and Bangladesh, the China Securities Journal said.China will coordinate customs, quality supervision, e-commerce and other agencies to facilitate the scheme, which is also likely to contain attempts to build free trade zones.The 21st century Maritime Silk Road was proposed by Chinese President Xi Jinping in a speech on strengthening economic ties with the Association of Southeast Asian Nations during his visit to Indonesia in October.Southwest China's Yunnan Province and Guangxi Zhuang Autonomous Region are strong options for being one end of the route.The Maritime Silk Road dates back to as ...

Role of technology, imperative to enhance education in country: Ahsan Iqbal ISLAMABAD: Federal Minister for Planning, Development and Reform Ahsan Iqbal Wednesday said the role of technology and innovation in current scenario was imperative for the way of delivering education, not only to children but also to the society as a whole.He said that "we are living in the era of constant change and moving from industrial to knowledge based society."Addressing event on disrupted ideas and conversations for disruptive innovation in Pakistan, organised by Alif Ailaan, ...

National Curriculum Council to promote national integrity: Baligh-ur-Rehman ISLAMABAD: National Curriculum Council would be set up soon to devise minimum standards for all the public and private educational institutions of the country, promoting national integrity and religious values.This was conveyed by State Minister for Education, Training and Standards in Higher Education, Muhammad Baligh-ur-Rehman while addressing the annual prize distribution ceremony of Anwar-e-Madina Model College, Gujjar Khan held here Wednesday.The minister said that the representatives from all the provinces have agreed on establishing the ...

NA body discusses affairs of CDA, NEPRA ISLAMABAD: National Assembly's Standing Committee on Cabinet Secretariat on Wednesday discussed affairs of Capital Development Authority (CDA), National Electric Power Regulatory Authority (NEPRA) and Public Procurement Regulatory Authority (PPRA).The CDA Chairman apprised the committee, which met here with Rana Muhammad Hayat Khan in the chair, about the demography of Islamabad, which included rural and urban areas.He said estimated population of Islamabad in year 2013 was approximately 1.37 million, whereas the combined population of Rawalpindi and ...

FBR holds taxpayers facilitation workshop ISLAMABAD: Federal Board of Revenue held an interactive workshop in Hyderabad on Wednesday to interact with the taxpayers regarding the roles and responsibilities of Withholding Agents and to explain the various e-services extended to them through FBR's portal.Commissioner RTO Hyderabad Dr. Tauqeer Ahmed inaugurated the workshop by briefly introducing the format and series of presentations and the objectives of the workshop, said a statement recieved by the FBR.He encouraged the participants to freely and openly ...

Sugar not available in 2 kg packing at USC outlets ISLAMABAD: Sugar is not available in 2 kg packing at the Utility Stores Corporation (USC) outlets in twin cities of Rawalpindi and Islamabad creating problems for low income people and daily wagers.Buyers at a Utility Store in Sadiqabad Rawalpindi Wednesday told APP that the government was providing sugar at subsidized rates, but still it was not possible for the low income people to purchase the commodity in 5 kg packing. They said they tried to ...

Shipping activity at Port Qasim KARACHI: Three ships C.V Maersk Kinsto, C.V Najran and M.T Yas carrying containers and chemicals were allotted berths at Qasim International container Terminal and Engro Vopak Terminal respectively at Port Qasim on Tuesday, 15th April. Meanwhile four more ship with container, furnace oil and diesel oil also arrived at outer anchorage of Port Qasim during last 24 hours.Berth occupancy was managed at the Port at 36% on Tuesday where five ships namely C.V Maersk Kinston, ...


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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln