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Skilled manpower key to industrial development: FCCI president FAISALABAD: President Faisalabad Chamber of Commerce and Industry, Engineer Sohail bin Rashid said that availability of skilled manpower is not only a key to success for industrial development of Pakistan but also for individual prosperity and poverty alleviation in society. He was addressing a seminar organised by Technical Education and Vocational Training Authority (TEVTA) in collaboration with a German NGO, GIZ. The FCCI chief said that Pakistan had plenty of natural and human resource for economic development and with a clear vision and sustained and organized efforts to implement it, the technical sector could revolutionise the socio-economic landscape in Pakistan. "TEVTA can play a role in national development by providing a trained workforce for the local industry," he added. Copyright APP (Associated Press of Pakistan), 2014 ...

KCCI discusses business with Tajik ambassador ISLAMABAD: A delegation of Kashmir Chamber of Commerce and Industry met the visiting Tajikistan ambassador to India in Srinagar, Indian Occupied Kashmir.The delegation headed by KCCI President, Sheikh Ashiq, discussed scope and possibility of trade between Tajikistan and occupied Kashmir, KMS reported.The KCCI President told media men that the ambassador assured them that his government would facilitate the trade cooperation between the chambers of Tajikistan and the occupied territory.He said that the visiting dignitary pledged ...
Energy crisis main reason for slow growth economy: ICCI ISLAMABAD: President Islamabad Chamber of Commerce and Industries (ICCI) Shaban Khalid on Friday said that energy crisis was the core reason for the slow growth economy and allocation in budget for energy sector will help in addressing this major problem.Talking to APP, he said that in current federal budget, the government expressed its determination to resolve the issue of energy for increasing the economic activities and industrial growth in the country.He added that allocation of ...
ICCI urge traders to pay regular tax ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) Thursday urged upon the traders to pay regular tax and play their positive role in economic development of country."The ICCI has always been advocating for enhancing tax net instead of overburdening the existing taxpayers and it is encouraging that government has made some progress to this direction," Senior Vice President of the chamber, Khalid Chaudhry said while addressing a delegation of Traders Welfare Association, PWD here.He ...
PARC develops 100 wheat varieties: Chairman PARC ISLAMABAD: Pakistan Agricultural Research Council (PARC) has developed over one hundred wheat varieties under its National Coordinated Research System.In an interview with Radio Pakistan Chairman of the Council Dr. Iftikhar Ahmad said under the programme, new varieties of different crops are developed in coordination with the provinces and keeping in view specific climatic and soil conditions of different areas.To a question, he said high yield varieties of rice, maize and oilseeds have also been developed. ...
More lenient procedure for mango export sought ISLAMABAD: Stakeholders on Thursday asked the authorities to introduce more lenient Standard Operating Procedure (SOP) so as to achieve mango exports targets.In addition to pre-shipment inspection by an approved third party, the exporters are now required to use hot water treatment on their mangoes to limit any instances of fruit flies being detected, Director, Harvest Tradings, Ahmad Jawad said in a statement issued here.He said in Sindh, there is one approved common facility which was ...
NADRA to provide VERISYS to LCCI LAHORE: National Database Registration Authority (NADRA) on Wednesday announced to provide its VERISYS system to Lahore Chamber of Commerce and Industry to facilitate its members.The announcement was made by the Director General NADRA, Brigadier Muhammad Javaid Iqbal Khan during a visit to the LCCI. He said that NADRA was one of the leading System Integrators in the global identification sector and boasted extensive experience in designing, implementing and operating solutions for corporate and public sector ...


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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln