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FPCCI's second Achievement Awards on Sept 8 KARACHI: FPCCI's 2nd Achievement Awards ceremony will be held here on September 8.The FPCCI's Achievement Awards are the highest awards of private sector which are conferred to those leading organisations and individuals who have made outstanding achievements in socio-economic sector as well as in corporate social responsibilities (CSR) activities, said a press release here on Friday.These awards will be presented by a well known personality of the country at a prestigious function which is to be attended by federal and provincial ministers, diplomats, bureaucrats, leading business people of the country.The achievement awards initiated by FPCCI last year received great recognition on national level.This year these awards will be given in the specific sectors including trade, industry, investments, CSR, education, R&D, infrastructure, electric power generation, agriculture, information technology, medical and health-care and social welfare services. Copyright APP (Associated Press of Pakistan), 2014 ...

SECP to introduce concept of limited liability partnership ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) is in the process of introducing the concept of limited liability partnership (LLP) in Pakistan."It is being done in collaboration with other stakeholders. In the initial stage, the SECP has approved a concept paper on LLP in Pakistan, which has been placed on its website to help raise awareness and solicit public and stakeholders comments", says a statement issued by the Commission here on Thursday.Introducing the ...
Bilateral trade with UK to be enhanced up to 3bn pounds: Khurram ISLAMABAD: Federal Minister for Commerce, Engineer Khurram Dastgir Khan Wednesday expressed the government's resolve to enhance bilateral trade with United Kingdom up to 3 billion pounds in the coming years saying that currently, Pakistan's trade with England stands at 2 billion pounds out of which Pakistan's exports are 1.4 billion pounds.He said that the Ministry of Commerce was looking for new high-growth sectors of exports to give a new boost to Pak-Britain trade."The Ministry is ...
LSM output grows 4 percent in FY 2013-14 ISLAMABAD: The country's Large-Scale Manufacturing (LSM) output grew by 3.95 percent during the fiscal year 2013-14 compared to last year.The Quantum Index Numbers (QIN) of LSM stood at 121.66 points during July-June (2013-14) as compared to 117.04 points in July-June (2012-13), according to the latest data of Pakistan Bureau of Statistics (PBS).Meanwhile, on year-on-year basis, the LSM grew by 0.25 percent in June 2014 compared to the production of June 2013. The data showed that ...
Textile policy 2014-15 to be announced next month ISLAMABAD: Ministry of Textile and Industry would announce new textile policy 2014-15 in first week of September 2014 to plan the future strategy for textile industry and to facilitate the small industry for the economic development of the country.Talking to APP here Wednesday, Spokesman of Textile Ministry Kanwar Usman said that new textile policy would be comprehensive which would provide facility and benefit the small industries.He said that an amount of Rs.82 billion has been ...
PARC launches oilseed cultivation campaign to cut oil imports ISLAMABAD: The Pakistan Agriculture Research Council (PARC) has prepared a comprehensive action plan to launch a promotional campaign for oilseeds cultivation in Pothowar and Khyber Pakhtunkhwa regions during Rabi 2014- 15.The plan has been prepared with the consultation of national partners Pakistan Oilseed Development Board (PODB), National Rural Support Programme (NRSP) and Provincial Agriculture Research and Extension Departments.According to the plan, canola hybrid seed will be provided to farmers on 25 % (Rs. 300/- per ...
FBR's collection of taxes on track; no negative effect of sit-ins: FBR Spokesman ISLAMABAD: The Federal Board of Revenue (FBR) has realized Rs.134 billion revenues till August 26 as compared to Rs.110 billion collected in the same period of last fiscal year depicting a 20 percent growth in the tax collection of the country, a senior official of the board said."The PTI led sit-ins have entered its 12th day and despite the civil disobedience campaign even much productive tax collection with over 20 percent increase in the so ...


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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 23, 2014
Reserves $13.465 bln