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RCCI to organize first ICT Awards on Wednesday RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) is organizing first ICT Awards (International Communication Technology Awards) on Wednesday (April, 8). Rawalpindi Chamber is the only Chamber of the country arranging such awards; Talking to APP, the Senior Vice President Rawalpindi Chamber Mian Humayun Parvez said. While explaining the Awards Ceremony, he said that basic purpose of organizing ICT Awards is to highlight efforts of individuals and companies for betterment of industry and the country. He said that this award show is being organized with support of Rawalpindi Chamber, Pakistan Software Houses Association and Pakistan Software Export Board and all the arrangements are being completed in this regard. He said that Rawalpindi and Islamabad is the hub of ICT industry and that's why RCCI took this initiative to promote the industry. Copyright APP (Associated Press of Pakistan), 2015 ...

Rs965mn being spent on roads FAISALABAD: Under Khadim-e-Punjab Rural Roads programme, an amount of Rs 965.00 million is being spent on construction and widening of 135km rural roads in different areas of the district.A ceremony was held at Awagat Khurrianwala road some 25km away from the city for launching the Khadim-e-Punjab Rural Roads programme.Federal Parliamentary Secretary, Talal Badar Ch and DCO Noorul Amin Mengal inaugurated the construction of a 10km long rural road from Awagat to Khurarianwala which would be ...
Asif Sumsum appointed VC of FPCCI body on urban development KARACHI: President, Federation of Pakistan Chamber of Commerce and Industry (FPCCI) Mian Muhammad Adrees has appointed Asif Sumsum as Vice Chairman (VC) of FPCCI standing committee for urban development for the year 2015.Asif Sumsum is the Managing Director of Sumsum Group of Companies and heading Association of Builders and Developers Pakistan's (ABAD) committee keeping liaison with police in Sindh, said ABAD statement here Friday. He is also convener of law and order sub-committee of ABAD ...
14.8mn cotton bales reach ginneries across Pakistan MULTAN: Seed cotton (Phutti) equivalent to 14.83 million or 14,838,605 bales have reached ginneries across Pakistan till Apr 1, 2015 registering a percentage increase in arrivals by 10.85 per cent compared to corresponding period of last year.According to a fortnightly report of Pakistan Cotton Ginners Association (PCGA) issued here Friday, out of total arrivals, Phutti equivalent to 14,829,916 or 14.82 million bales has undergone the ginning process.The arrival at Punjab ginneries was recorded at over ...
Weekly inflation posts nominal increase of 0.20pc ISLAMABAD: The weekly inflation for the week ended on April 2 for the lowest income group up to Rs 8,000 witnessed nominal increase of 0.20 percent as compared to the previous week.The Sensitive Price Indicator (SPI) for the week under review in the above mentioned group was recorded at 200.00 points against 199.61 points registered in the previous week, according to data of Pakistan Bureau of Statistics (PBS).The weekly SPI has been computed with base ...
HCCI's plea to government HYDERABAD: Hyderabad Chamber of Commerce and Industry (HCCI) urged the government to resolve various issues hampering business activities in the city and its adjacent areas. Senior Vice President HCCI, Turab Ali Khawaja said this while talking to trainees officers of Civil Service Academy here on Wednesday. Copyright APP (Associated Press of Pakistan), 2015 ...
CPI-based inflation witnessed nominal increase of 0.2pc ISLAMABAD: Consumer Price Index (CPI) based inflation rate during March, 2015 witnessed a nominal increase of 0.2 percent as compared to the decrease of 0.9 percent in the previous motnth.On year-on-year basis, the CPI inflation general increased by 2.5 percent in March, 2015 as compared to same month of last financial year.According the data of Paksitan Bureau of Staticitcs (PBS), SPI inflation on year on year basis (YoY) decreased by 1.9 percent in March 2015 ...


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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 $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyMay 21, 2015
Reserves $17.75 bln