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TDAP eyes $50bn exports in next 2 or 3 years KARACHI: Trade Development Authority ( TDAP) is taking various practical measures to increase Pakistan's exports to 50 billion dollars in next two or three years.Last year, the total exports of the country amounted dollars 24 billion. This year till date, Pakistan have made eight percent more exports against the last year's total exports. This was informed to media by Chief Executive Officer TDAP, S.M. Muneer after chairing a meeting with representatives of fruit and vegetable exporters association, fruit growers, plant protection department and fruit processing units, here in his office on Monday.He said that besides re-structuring of TDAP, the competent and committed Commercial Counselors would be appointed who can deliver to the country by helping get more share in regional and international markets. "I have suggested for appointment of very good Commercial Counselors. They should stay on the posts only on the basis of their performance," he remarked. TDAP's CEO ...

Police arrest 76 accused, recover arms KARACHI: The city Police have arrested 76 accused during raids conducted in different areas of the metropolis during the last 24 hours.The police have recovered 18 arms of different types from the arrested accused, said a police statement on Monday.The arrested 76 accused including 16 absconders have been apprehended during 83 raids in the city.Copyright APP (Associated Press of Pakistan), 2014

SECP to transform regulatory culture in Pakistan: Tahir Mahmood ISLAMABAD: Chairman, Securities and Exchange Commission of Pakistan (SECP) Tahir Mahmood on Monday said that the SECP is reviewing and amending a number of regulations and rules such as, Insurance Ordinance 2000, Securities Act 1969, SECP Act 1997,Companies Ordinance 1984 and rules for Real Estate Investment Trusts (REITs).The goal behind this exercise is to have smooth, efficient and speedy processes, and to lay down a scheme of regulation that is fair, open, and transparent, said ...

ISE-10 index stays bullish ISLAMABAD: The Islamabad Stock Exchange (ISE) Monday witnessed a bullish trend as the ISE-10 index was up by 17.03 points to close at 4632.65 points.A total of 316,600 shares were traded, which showed negative growth of 395,900 shares when compared to previous day's trading of 712,500 shares.Out of 152 companies, share prices of 78 recorded increase while those of 74 companies decreased.The share price of Sanofi Aventis Pakistan increased by Rs 42.5 while that of ...

General Rashad leaves for Sri Lanka RAWALPINDI: Chairman Joint Chiefs of Staff Committee (CJCSC), General Rashad Mahmood on Monday left for an official visit to Sri Lanka.According to ISPR here, during the visit, the chairman will hold high level talks with civil and military dignitaries, which include, Malinda Rajapaksa, President of Sri Lanka, Gamini Lakshman Peiris, Minister of External Affairs, Secretary Defence, General J.Jayasuriya, Chief of Defence Staff, Lt Gen RM Daya Ratrayake, Commander Sri Lankan Army, Vice Admiral Jayanath, Commander ...

Altaf appeals for attending ‘Istehkam-e-Pakistan’ Conference KARACHI: The leader of MQM Altaf Hussain has appealed to people belonging to all schools of thoughts living in Faisalabad and its suburb to attend the "Istehkam-e-Pakistan" Conference on April 20.In a statement issued here on Monday, he said that the conference is being held on the first death anniversary of well-known scholar Sahibzada Fazl Kareem.Altaf Hussain appealed to people and MQM workers to attend the conference and make the event successful.Copyright APP (Associated Press ...

A watermelon a day can keep BP away ISLAMABAD: Watermelon could significantly reduce blood pressure in overweight individuals both at rest and while under stress.According to researchers watermelon has a positive impact on aortic blood pressure and other vascular parameters, health news reported."The pressure on the aorta (largest artery in the human body) and on the heart decreased after consuming watermelon extract," researchers said.The study focused on 13 middle-aged, obese men and women who also suffered from high blood pressure.The study started with ...


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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