Just in:  

You are here: Home»Pakistan»Business & Economy

Business & Economy


Sindh CM directs for transparent gunny bags distribution, wheat procurement KARACHI: Sindh Chief Minister Syed Qaim Ali Shah has said that distribution of bardana (gunny bags) and procurement of wheat must be made transparent."I would not tolerate corruption, favoritism and negligence in this regard", this he said when Minister for Food Gianchand Israni presented him a report about distribution of bardana and procurement of wheat in the province.He told the Chief Minister that three food inspectors in Umerkot district have been suspended for corruption in distribution of bardana.The Chief Minister directed him to order an inquiry against the suspended food inspectors.The Minister informed that distribution of bardana have almost been completed in the province. "Now farmers have started bringing wheat to the centres. Wheat centres at Johi, Moro, Naushehroferoze, Mirpurkhas and some other districts have started procurement," he said and added that the target of procuring 900,000 ton wheat would be achieved without any difficulty.The Chief Minister directed him to ...

Shahbaz inaugurates wheat harvesting drive 2015 LAHORE: Punjab Chief Minister Muhammad Shahbaz Sharif has inaugurated wheat harvesting campaign-2015 at village Warah Malik Shah Muhammad Awan adjacent to Lahore here on Saturday.The chief minister launched wheat harvesting campaign by cutting the crop through a traditional sickle and also harvested wheat by driving harvester.After the inauguration of wheat harvesting campaign, he while addressing a gathering of farmers said the PML-N government was fully aware of the problems of farmers and Prime Minister Muhammad ...
Wheat farmers demand special compensation package ISLAMABAD: Rains continuing from mid-March have badly affected the wheat crop in the country, particularly in upper Punjab, making it difficult to meet the target set by the government for the current year.The unusual rains have either fully destroyed the crop or affected grains in terms of quality and weight. The stagnant rain water in fields will affect wheat yield considerably, according to agri experts.Wheat farmers have demanded the government a special package to compensate ...
Mango growers hail steps for exports MULTAN: The patron-in-chief and chairperson Mango Growers Cooperative Society (MGCS), Syed Zahid Hussain Gardezi has welcomed the ban on usage of wooden crates for exports of mango as a step forward for export of value-added exotic fruit from Pakistan while ensuring food safety.In a press statement issued here, the progressive grower said that the decision, mandated with the restrictions clamped under WTO regime enforced in the developed global markets, was also in line with the ...
Chinese President's visit to herald era of economic prosperity: FPCCI ISLAMABAD: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) Sunday welcomed the coming visit of Chinese President Xi Jinping to Pakistan, saying it would further enhance economic and trade cooperation between the two friendly countries, besides boosting the confidence of business community."The Chinese President is arriving here tomorrow on the two-day visit with a large delegation comprising top businessmen, hence providing an opportunity to Pakistani businessmen to explore avenues for developing trade relations ...
LCCI urges govt to consult business community on market closure LAHORE: Lahore Chamber of Commerce & Industry (LCCI) has urged the government to resolve the issue of early market closure in consultation with the business community.LCCI Senior Vice President Mian Nauman Kabir in a statement here on Friday said decision of early market closure should not be implemented without due consultation with traders.He said the government should take the business community on board while having such trade related decision and also launch awareness campaign through ...
Water Resources Development Project signed with ADB for FATA ISLAMABAD: The Secretary, Economic Affairs Division (EAD) Muhammad Saleem Sethi has signed the irrigation project here on Friday with Asian Development Bank (ADB) for Federally Administered Tribal Areas (FATA).Financing of US$ 43 million for FATA Water Resources Project shall be secured through ADB's soft lending window.Under this project 9 small dams with the height of 15 meters shall be constructed, directly benefiting thousands of households in Khyber, Mohmand and Bajour agencies,according to statement issued.For the ...


Index Closing Chg%
Arrow DJIA 17,928.20 0.79
Arrow Nasdaq 4,939.33 0.84
Arrow S&P 2,089.46 1.18
Arrow FTSE 6,927.58 0.84
Arrow DAX 11,327.68 2.51
Arrow CAC-40 4,974.07 2.12
Arrow Nikkei 19,531.63 0.06
Arrow H.Seng 27,755.54 1.13
Arrow Sensex 27,440.14 0.18

New 2015 adidas and Nike Soccer Cleats at Kicks Corner uk

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 04, 2015
Reserves $17.491 bln