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United Business Group kicks off its campaign for federation and regional chambers elections ISLAMABAD: The United Business Group (UBG) led by its patron in chief S.M Muneer and Chairman Inftikhar Malik have started campaign for the elections of federation and regional chambers across the country.In this connection, as part of the drive in first phase, the UBG delegation visited regional chambers of Lahore, Okara, Sahiwal, Veahari, Khaniwal, Multan and Faisalabad and discussed matters relating to the elections with special reference to the nominations of the candidates for Federation of Pakistan Chamber of Commerce and Industry (FPCCI) and their respective chambers, Iftikhar Ali Malik Chairman of the UBG told APP here Wednesday.He said that UBS had decided that priority would be given to the young business leaders with leadership qualities who were credible, man of character with no record of default of any financial institution and possessing registered National Tax Number and paying their due taxes to national exchequer regularly.The Chairman UBS reiterated that ...

16 member Vietnamese trade delegation to visit KCCI; Vietnam eyes on Pak big market KARACHI: Vietnam's Ambassador to Pakistan, Nguyen Xuan Luu, during his visit to Karachi Chamber on Monday, said many Vietnamese company were interested to do trade and investment in different sectors in Pakistan; with focus on Karachi." Karachi is a very important city and has a huge economic potential. Certainly, it is an economic hub of Pakistan," he commented while talking to President, Karachi Chamber of Commerce and Industry (KCCI) Iftikhar Ahmed Vohra, KCCI Senior Vice ...
TDAP to organize SAARC Trade Fair, WEXNET FAISALABAD: Trade Development Authority of Pakistan (TDAP) is organizing 12th SAARC Trade Fair-2015 and WEXNET-2015 together at Expo Center Lahore from December 04 to 06.According to TDAP spokesman, it will be a mega event to provide unique opportunity to Pakistani exporters and export houses to showcase their products.Exhibitors from SAARC countries and women entrepreneurs from Pakistan will participate the Fair by displaying their products including textile items, leather garments, footwear, handicrafts, gift Items, beauty care ...
Business community waiting for CPEC execution: FPCCI President KARACHI: For the first time, the business community has been extended all kind of support and facilitation by the government to make them a major player for the economic prosperity and accelerated development in the country including the execution of China-Pakistan Economic Corridor (CPEC) , which will prove a game changer for the entire region, says President FPCCI.President , Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Mian Muhammad Idrees , talking to APP ...
RCCI to hold exhibitions in US, Nepal, Tajikistan RAWALPINDI: Rawalpindi Chamber of Commerce and Industry (RCCI) will organize exhibitions in the United States, Nepal and Tajikistan for introducing Pakistani products.The first exhibition titled 'Made in Pakistan' would be held in Houston (United States) on August 21- 24, second in Nepal on October 5-10 and third in Tajikistan from October 16-19, RCCI President Syed Asad Mashhadi told APP Wednesday."The purpose of holding exhibitions is to attract foreign companies to purchase Pakistani products or to ...
Cotton sowing register 5 percent increase ISLAMABAD: Cotton cultivation has registered five percent increase during current season as compared to the corresponding period last year, said Director Marketing and Economic Research Dr Muhammad Ali Talpur on Tuesday. "The major cash crop of the country that is cultivated on vast area, has shown 5 percent increase this year," he told APP. This year crop sowing was set at 3.1 million hectares to produce about 15.1 million cotton bales in two main crop ...
Business leader seeks increase in number of trade bodies for women entrepreneurs KARACHI: Senior businessman and former vice president FPCCI Khurram Sayeed lauding the role of women chambers in promoting businesses has announced his support for the cause of expansion and increase in the number of business and trade bodies comprising women entrepreneurs.In a statement issued here Monday, he said if women are to progress and participate effectively in the economy, they must receive equal education, equal training, equal dignity and income."Pakistan cannot achieve progress if over ...


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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-1.988 bln
Exports $1.835 bln
Imports $3.823 bln
WeeklyOctober 05, 2015
Reserves $18.349 bln