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Labour conference to start on Thursday LAHORE: The Punjab government with the support of the federal government, ILO, EU and other development partners is organizing a three-day ministerial level South Asia Labour Conference at a local hotel on Thursday.Chief Minister Muhammad Shahbaz Sharif will inaugurate the conference while Prime Minister Muhammad Nawaz Sharif will be the chief guest at the closing ceremony.The objective of the conference is to enhance cooperation among South Asian countries for joint initiatives to improve labour market management and labour market policies.A large delegation from Sri Lanka and labour ministers, secretaries, employers, SAARC Chambers of Commerce & Industries and workers' representatives from South Asian countries will also attend it.Copyright APP (Associated Press of Pakistan), 2014

First unit of Nandipur Power Project to start generation by May ISLAMABAD: Around 75 per cent work has already been completed on 425-525 MW Nandi Pur Power project and its first unit will start generating 95 MW by May.This was stated by Chief Engineer Nandi Pur Power Project Shahid Sohail while talking to APP here Monday.He said that the 425-525 MW Nandi Pur Power plant would be fully operationalised by December and vigorously work was being carried out to complete the project in due time.He said ...

Present day is day of IT, IT considered key to success: Altaf KARACHI: Muttahida Qaumi Movement (MQM), chief Altaf Hussain has said that the present day is a day of information technology and it is considered a key to success.He said that if we want to put Pakistan in the comity of developed nations then our citizens must know what is happening around the globe.Altaf expressed these views while giving a lecture to office bearers of different wings, said a statement issued by MQM here on Monday.In ...

Askari Bank joins Atlas Honda Ltd for launch of motorbikes ijarah scheme KARACHI: Askari Bank Limited (AKBL) through its Islamic banking operations has partnered with Atlas Honda Limited (AHL), the largest producer of motorbikes in Pakistan for the launch of riba free motorbikes ijarah facility for salaried class.Both the entities have signed a memorandum of understanding (MoU) at the Atlas Honda Head Office here. The program was attended by President and CEO Askari Bank Limited, Syed Majeedullah Hussaini, Country Head, Askari Islamic, Fahd Sardar Khan, Head of ...

PCG seizes 420kg hashish KARACHI: Pakistan Coast Guards (PCG) seized large quantity of fine quality Hashish from general area Tusak near Pasni (Balochistan).According to a press release issued here on Monday, PCG officials received credible information from intelligence sources about smuggling of Hashish from general area Tusak, Pasni.A seizure was carried out by PCG Special Mobile Patrol last night.During search operation in suspected area, smugglers opened fire on Coast Guards patrolling team after exchange of fire, smugglers managed to ...

3rd International Finance moot, exhibition on April 24-25 KARACHI: The 3rd International Finance Conference and Exhibition (IFEC) is scheduled to be held on April 24-25 in at a hotel here.Deputy Governor State Bank of Pakistan (SBP) Saeed Ahmed will be chief guest of the event while CEOs and Presidents of different Islamic Banks will chair different sessions, said a statement on Monday.Prominent speakers at the event will highlight the prevailing boom and expansion of Islamic Banking globally and locally and its emerging potential ...

French envoy calls on senior Minister Nisar Khuhro KARACHI: Ambassador of France to Pakistan Philippe Thiebaud called on senior Minister Nisar Ahmed Khuhro and discussed issues of mutual interest here on Monday.Discussing law and other situation Nisar Khuhro said that the government is taking steps to maintain law and order and with the consensus of all political parties targeted operation is underway against criminals in Karachi.The Minister said that Pakistan attaches much significance to its relations with France and called for further boosting ...


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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