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Mangoes starts capturing space in capital' fruit markets ISLAMABAD: Mangoes popularly known as the `King of Fruits' have started capturing space in the fruit markets of capital with its different varieties.Mangoes are usually arrived in the markets during the month of May and this delicious summer fruit is liked by the people of all ages.Pakistan is an important mango growing country in the world as soil and climatic conditions here are highly suitable for mango growth.Talking to APP, Azam Khan, a vendor said, "different varieties of Mangoes have although arrived in the markets but still these are not fully ripen and little sour in taste".He said Mangoes will be more sweet in taste after 10 to 15 days. The Mangoes will ripen further as the weather turns hot, he added.He said the price of one kilograms Mangoes ranges from Rs 120 to 150 depending on the variety.Saeed Abbasi, another vendor at Abpara market said that mango from Pakistan ...

Industrial output grows 2.49pc in 9 months ISLAMABAD: The country's large scale manufacturing (LSM) sector has witnessed growth of 2.49 percent during the first nine months of current fiscal year as compared to the corresponding period of last year.The Quantum Index Numbers (QIM) of large scale manufacturing industries was recorded at 125.57 points during July-March (2014-15) against 122.52 points during same period of last year, according the data of Pakistan Bureau of Statistics (PBS).The highest growth of 5.23 percent was witnessed in ...
Pak importer buys 40,000 tonnes soybeans from Argentina HAMBURG: A Pakistani importer has bought about 40,000 tonnes of soybeans to be sourced from Argentina, European traders said on Monday.The soybeans were for shipment in August, they said.Copyright Reuters, 2015 ...
2.5mn metric tons of wheat purchased LAHORE: Punjab Chief Minister Muhammad Shahbaz Sharif said on Saturday that wheat procurement campaign was continuing successfully in Punjab and 2.5 million metric tons wheat has been purchased from the farmers till now.Presiding over a high level meeting which reviewed in detail the progress of wheat procurement campaign in the province, he said that due to farmer-friendly policy of Punjab government, farmers were getting due return of their hard work and more than Rs 80 ...
KCCI inks MoU with Kuwaiti business community KARACHI: The Karachi Chamber of Commerce and Industry (KCCI), and Business and Professional Women Network- Kuwait have signed a memorandum of understanding (MoU) for strengthening bilateral economic relations of Pakistan and Kuwait.The MoU was inked by President KCCI Iftikhar Ahmed Vohra and Vice President Business and Professional Women Network- Kuwait, Ms. Mashael Alasousi at the Kuwait Chamber of Commerce and Industry during the visit of a KCCI delegation to Kuwait, said KCCI release here on ...
ICCI calls for fixing markets closure timings in Federal Capital ISLAMABAD: President,Islamabad Chamber of Commerce and Industry, Muzzamil Hussain Sabri Friday called for fixing markets closure timings in consultation with business community.He was addressing a gathering of traders after inaugurating Gulberg Green City.He said lot of traffic rush was witnessed daily on Expressway due to commuters were facing problems and called for developing the Expressway into a 10-lane road from Zero Point up to Rawat with signal free arrangement, according to statement issued here.He said ...
FPCCI committed to increase Pak-Turkey relationship KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) is committed to enhance trade relations of Pakistan with all countries including Turkey,says Abdul Rahim Janoo, FPCCI's Senior Vice President. He was talking to a delegation of DS-Concept Turkey, the leading trade finance facilitating company, here at the Federation House. Arzu Celik, Head of Business Development, DS-Concept Turkey and Syed Qaseem Hussain Jaffri, Country Head, DS-Concept Pakistan Liaison office and other staff members Nausheen Nazir, ...


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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyJuly 23, 2015
Reserves $18.677 bln