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Palm, soyabean oil imports decrease 2.43pc, 0.40pc in 8 months ISLAMABAD: The import of edible oil including palm oil and soyabean oil in the country during last 8 months of current financial year registered decrease of 2.23 percent and 0.40 percent respectively as compared to corresponding period of last financial year.During the period from July-February 2014-15, the import of palm oil decreased by 2.23 percent as its import in the country was recorded at 1,556,326 metric tons worth of US$ 1.201 billion.As compared to the period under review, the import of palm oil during the same period of last financial year was recorded at 1,497,049 metric tons valuing US$ 1.228 billion.According the data of Pakistan Bureau of Statistics (PBS), the import of soyabean oil also witnessed decreasing trend during the period under review as its import reduced by 0.40 percent.During last 8 months of current financial year, country import about 38,137 metric tons of soyabean oil to fulfill its domestic ...

Fish exports increase 1.35pc in 8 months ISLAMABAD: Exports of fish and fish preparations increased by 1.35 percent during first eight months of current fiscal year as compared to the exports of same period of last year.The fish exports in July-February 2014-15 were recorded at $227.05 million against the exports of $224.027 million in same period of the year 2013-14, according to the data of Pakistan Bureau of Statistics (PBS).In terms of quantity, the fish exports decreased by 1.29 percent to 88,911 ...
ABAD leader appointed SVC of FPCCI body KARACHI: President of Federation of Pakistan Chamber of Commerce and Industry (FPCCI) Mian Muhammad Adrees has nominated Muhammad Sadiq Baluch as Senior Vice Chairman of FPCCI's standing committee of Gwadar promotion and development for the year 2015.He is proprietor of Baluch Builders, Convener of Lyari Development Authority's sub-committee and Co-Convener of Malir Development Authority's sub-committee of Association of Builders and Developers Pakistan (ABAD) for the term 2014-2015. Copyright APP (Associated Press of Pakistan), 2015 ...
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 ...
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 ...


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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 $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJune 25, 2015
Reserves $17.457 bln