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Weekly Inflation goes up ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended on September 11 for the lowest income group up to Rs. 8,000 registered increase of 0.62 percent as compared to the previous week.The SPI for the week under review in the above mentioned group was recorded at 209.28 points against 208.00 points registered in the previous week, according to data of Pakistan Bureau of Statistics (PBS).The weekly SPI has been computed with base 2007-2008=100, covering 17 urban centers and 53 essential items for all income groups and combined.The SPI for the combined group increased by 0.51 per cent as it went up from 215.96 points in the previous week to 217.06 points in the week under review.As compared to the corresponding week of last year, the SPI for the combined group in the week under review witnessed increased of 7.29 percent.As compared to the last week, the SPI for the ...

Danish trade delegation to visit Pakistan in October: Ambassador KARACHI: Ambassador of Denmark, Jesper Moller Sorensen has said that for the first time, a trade delegation from Denmark will be visiting Pakistan in October 2014 to explore ways and means of enhancing trade and look for partnership in various sectors.Exchanging views with KCCI office bearers during his visit to Karachi Chamber on Thursday, the Danish Ambassador said that representatives of eight Pakistani companies will also be visiting Denmark this month (September) where they will ...
China to invest $50bn in development projects in Pakistan ISLAMABAD: China intends to invest as many as $50 billion by 2017 in various sectors of Pakistan's economy, particularly in energy sector to help the country overcome power crisis and help sustainable economic growth, President Pak-China Joint Chamber of Commerce and Industry Shah Faisal Afridi said."China has planned to replicate the model of Shanghai Free Trade Zone (SFTZ) by investing $50 billion into a number of projects including coal, solar and wind energy till 2017 ...
SECP to ease regulatory compliance regime ISLAMABAD: Chairman, Securities and Exchange Commission of Pakistan (SECP) Tahir Mahmood on Thursday said that procedural improvements are being made to ease the regulatory compliance regime for registered entities.The SECP is working towards improving the business climate in Pakistan by reducing bottlenecks in the appointment of foreign directors in local companies and simplifying the disclosure requirements for unlisted companies, he said.The Chairman SECP was addressing the business community during his visit to Overseas Investors Chamber ...
SECP allows companies to circulate annual reports via e-mail ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has allowed electronic transmission of annual reports along with notices of annual general meetings in order to reduce the cost of compliance with regulatory requirements for companies through effective use of technology.The SECP, in a notification, permitted companies to send their annual reports along with notice of annual general meetings to their members through e-mail provided they have given their consent in advance and registered their ...
TDAP to hold 4-day lifestyle expo in India from Sept 11 ISLAMABAD: The Trade Development Authority of Pakistan (TDAP) will hold 4-day "Alishan Pakistan", the second edition of the lifestyle Pakistan exhibition in New Delhi from Thursday.TDAP Chief Executive S. M. Munir prior to his departure to India told APP Wednesday that over 800 participants from Pakistan will attend the event.The exhibition will showcase top quality of Pak textiles, including high-end designer wear, various furniture houses will also exhibit and sell as well as market their ...
Mobile phone imports up 8.24pc in July ISLAMABAD: The mobile phone imports into the country increased by 8.24 percent during the first month of the year 2014-15 over the same period of last year.The imports of mobile phone into the country during the month of July (2014-15) were recorded at $48.362 million against the imports of $44.679 million during July (2013-14), according to the data of Pakistan Bureau of Statistics (PBS).On month on month basis, the mobile phone imports into the country ...


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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