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FPCCI President assures full support to member associations KARACHI: FPCCI will closely work with its member bodies and provide them all possible assistance, cooperation and guidance in resolving their trade related issues. This was assured by President, Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Mian Muhammad Adress to the four-member delegation of Pakistan Chemicals and Dyes Merchants Association (PCDMA) calling on him, here at the Federation House, said FPCCI statement on Wednesday.Led by PCDMA Chairman Haroon Nisar Numberdar, the delegation discussed various issues pertaining to their business with FPCCI President Mian Muhammad Adress. The meeting was also attended by FPCCI Vice Presidents Muhammad Waseem Vohra, Shahnawaz Ishtiaq and Ikram Rajput. President FPCCI, Mian Muhammad Adrees and Vice President FPCCI Muhammad Waseem Vohra assured their full support and cooperation in raising voice in the concerned quarters to resolve the issues of chemicals and dyes industry. Copyright APP (Associated Press of Pakistan), 2015 ...

Telecom imports cross US$ 1.23bn mark ISLAMABAD: Pakistan has imported record US$ 544 million of cellular mobile handsets and US$ 682 million worth of telecom equipment during last one year, registering 20.7 percent and 30.3 percent increase respectively.During the year, both operators as well as cellular mobile customers prepared themselves for 3G and 4G services. The operators upgraded their telecom networks and systems while subscribers opted to shift to smartphones to enjoy such services.According to latest telecom stats, overall, the telecom ...
Exports up by 9.66pc in December ISLAMABAD: Exports from the country increased by 9.66 percent during the month of December 2014 compared to the exports of November 2014, according to the latest data of Pakistan Bureau of Statistics (PBS).Exports in December 2014 were recorded at $2.156 billion compared to the exports of $1.966 billion in November 2014, showing positive growth of 9.66 percent.During the month the imports also increased by 6.31 percent and reached to $3.859 billion compared to the imports ...
Weekly inflation goes down 0.26pc ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended on January 08, 2015 for the lowest income group up to Rs 8,000 registered a decrease of 0.26 percent as compared to the previous week.The SPI for the week under review in the above mentioned group was recorded at 202.58 points against 203.10 points registered in the previous week, according to data of Pakistan Bureau of Statistics (PBS).The weekly SPI has been computed with base ...
Subscribers share 301.7bn SMS in 2014 ISLAMABAD: Mobile phone users in the country have exchanged a startling 301.7 billion SMS messages during one year (July 2013 to June 2014).This means the subscribers exchanged around 800 million text messages per day.A comparison of last two years have showed that total SMS traffic during Fiscal Year 2014 decreased five per cent as compared to what we had in 2013, showing that mobile messaging apps such as WhatsApp, Viber, Line and Facebook are making ...
Surgical goods, medical instruments exports post 2.67pc growth ISLAMABAD: The exports of surgical goods and medical instruments registered 2.67 percent growth during first five months of current financial year as compared to the corresponding period of last year.During the period from July-November, 2014, surgical goods and medical instruments worth $138.249 million exported as compared to $134.65 million exported same period of last year.According the data of Pakistan Bureau of Statistics, about 5,818 metric tons of pharmaceutical products worth $80.843 million exported which was ...
Cut in policy rate must to speed up trade activity LAHORE: Lahore Chamber of Commerce and Industry (LCCI) on Wednesday said that at least 300 basis point cut in policy rate is direly needed to jumpstart the trade and economic activities in the country, since the existing 9.50 policy rate is not compatible with the inflation rate. LCCI President Ijaz A. Mumtaz said here that existing 3.96 percent inflation rate was the lowest rate since October 2003 but in the last monetary policy, State Bank ...


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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.703 bln
Exports $2.156 bln
Imports $3.859 bln
WeeklyFebruary 26, 2015
Reserves $15.944 bln