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KARACHI: American investors will be encouraged to invest in Pakistan's coal sector, which offers lucrative investment opportunities to foreigners, during the FPCCI delegation's impending visit to USA. This was conveyed to Waseem Rahim, President of the Pakistan Chamber of Commerce-USA, who paid a visit to the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Head Office in Karachi on Saturday and met leading members of the business community. Shaikh Haroon Rashid, Vice President-FPCCI, Waheed Shah, Kamal and Mir Nasir Hussain, Director General (International Affairs)-FPCCI were present. Haroon Rashid informed Rahim that FPCCI was in the process of organizing a visit of a high powered delegation to Washington DC, New York, Chicago and Houston later this year. He said that this visit would provide Pakistani businesses with an opportunity to meet their counterparts in USA, and promote Pakistani products in the American market more actively. He said that Pakistan would like to have product ...

ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) has signed an agreement with an event management company to organize an Industrial Expo in September this year in the Federal Capital titled 'Expo 2012' to showcase the country's industrial products and promote exports. A Memorandum of Understanding signing ceremony was held at Chamber house, in which it was decided that the appointed event management company will manage all the activities of industrial expo. The initiative is aimed at ...
HYDERABAD: The Japan International Cooperation Agency (JICA) has been engaged in construction of 500 kilometers roads in rural parts of Sindh particularly in those areas where the roads have been destroyed as a result of last year's heavy rainfalls and floods. This was informed by the Chief Representative Japan International Cooperation Agency at Pakistan Takatoshi NISHIKATA while inaugurating the newly constructed Matiari-Tando Jam Raod via Allah Dino Saand at Matiari on Saturday. The ten kilometers long road ...
N H ZUBERI KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) suggested revamping of help desk and advisory services of the Federal Board of Revenue (FBR). The Chamber also suggested that competent officers should be assigned to attend the queries and complaints of the taxpayers. The chamber has received large number of complaints by registered persons regarding lack of response and queries and clarifications sought from FBR. ...
RECORDER REPORT ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has launched an inter-Company Registration Office (CRO)—electronic inspection service—which would enable the stakeholders to electronically inspect the record of the companies including scanned/archived version of physical record. In this connection, the SECP has issued circular number 14 of 2012 here on Friday. According to the circular, in spirit of extending facilitation to stakeholders, Corporatisation and Compliance Department (CCD) is pleased to launch Inter-Company Registration Office (CRO)—electronic inspection ...
KHANPUR: Acute shortage of irrigation water in canals is affecting crops of sugarcane, cotton and fodders in Tranda Muhammad Pinah tehsil area. In a press statement issued here Friday, chief of kissan board tehsil Liaqatpur, Sardar Jam Inayat Ghaffar advocate said that water shortage in Sangla Miner, Bahari canal, Ghazi minor and Sidhu Minor causing loss to crops as standing crops of sugarcane, cotton and other crops of fodder were drying up. He said that it was ...
ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended on May 3, for the lowest income group up to Rs 8,000 registered decrease of 0.14 per cent as compared to the previous week. The SPI for the week under review in the above mentioned group was recorded at 174.17 points against 174.41 points registered in the previous week, according to provisional figures of Pakistan Bureau of Statistics (FBS). The weekly SPI has been computed with base ...


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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