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CASA-1000 project to open new avenues of trade: Khurram ISLAMABAD: Minister for Commerce, Engr. Khurram Dastgir Khan has said that the import of electricity from Central Asia by CASA-1000 project is a first major trading connection between the regions of Central Asia and South Asia and will open new avenues of trade.The Ministry of Commerce sees the project as a principal step towards establishing energy connectivity and creating Central Asia and South Asia regional energy market which is the future vision of the Prime Minister Nawaz Sharif, he said in a statement issued here Tuesday.Energy connectivity will follow road, rail and banking connectivity which will help boost trade and investment across the two regions, he remarked.Central Asia, he said sits on huge reservoirs of energy, the import of which may help Pakistan reduce its energy deficit greatly.According to the current agreement, the import of 1000 MW of electricity will reduce 20 percent of Pakistan's energy shortfall.After extensive negotiations the ...

Corps Commander Peshawar calls on KP Governor PESHAWAR: Corps Commander, Peshawar, Left. Gen. Hidayat Ur Rehman called on the Khyber Pakhtunkhwa Governor, Sardar Mahtab Ahmad Khan at Governor's House here on Tuesday.He remained with the Governor for some time and discussed matters pertaining to security situation in FATA. Talking on the occasion, the Governor highlighted the importance of the services being rendered by Pak Army in maintenance of peace in the area and said that the nation will always feel proud on ...

Governor, MNAs call on PM ISLAMABAD: Governor Punjab, Chaudhry Muhammad Sarwar on Tuesday called on Prime Minister Muhammad Nawaz Sharif at the Prime Minister's House.Matters related to Punjab province especially those related to the working of federal government departments in Punjab came under discussion during the meeting.MNAs Sajid Mehdi (Vehari), Muhammad Khan Daha (Khanewal) and Chaudhary Mahmood Bashir Virk (Gujranwala) also separately called on the Prime Minister and discussed matters regarding infrastructure development and provision of clean drinking water in ...

ISE-10 index witnesses bearish trend ISLAMABAD: The Islamabad Stock Exchange (ISE) on Tuesday witnessed bearish trend as the ISE-10 index was up by 26.19 points to close at 4352.19 points.A total of 15,500 shares were traded, which showed a positive growth of 27,200 shares, when compared with Monday's trading of 42,700 shares.Out of 159 companies, share prices of 83 companies recorded increase while those of 76 companies decreased.The share price of Siemens Engineering increased by Rs.51.63 while that of Muree ...

Balochistan govt allocates five billion for educational institutions ISLAMABAD: Government of Balochistan has allocated five billion rupees for the construction of several education institutions in the province.According to Radio Pakistan quoting an official source construction of cadet colleges at Pishin and Kohlu is underway while a Cadet college is yet to be established in Chaman at a cost of rupees one billion.Besides, two residential colleges will be set up in Sibbi and Killa Abdullah.The sources added that two residential institutions set up in ...

Winter wear sale shoot up in twin cities ISLAMABAD: With the arrival of a cold wave, sale of new and used winter clothes shoot up as witnessed in different markets in the twin cities of Islamabad and Rawalpindi.The winter season, just at the corner, the recent showers and yesterdays gushing winds forced the people, especially the motorcyclist to put up wind breakers and jackets. Those who were caught up misway, preferred to buy afresh while others made early winter shopping."I have come here ...

Three Pakistani doctors killed in small plane crash in suburban Chicago WASHINGTON: Three physicians of Pakistani origin were killed Sunday night when the small plane they were on, crashed in a vacant lot of a dense Chicago suburban neighbourhood, leading those on the scene Monday to believe the pilot would have desperately tried to land on a place, where it would not injure anyone.The twin-engine Beech craft Baron crashed in Palos Hills, Illonois, shortly after takeoff from Chicago Midway Airport for Lawrence, Kansas, Lynn Lunsford of ...


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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 20, 2014
Reserves $13.436 bln