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3G, 4G subscribers reach 15.75mn till August ISLAMABAD: The 3G and 4G subscriptions in the country has reached 15.75 million till August this year with a bit slow growth rate due to new taxes on internet services and comparatively sluggish 3G network expansion plans from telcos.During August 2015, mobile phone companies added a total of 1.15 million mobile broadband (3G/4G) users with Zong and Telenor topping the charts.The 3G and 4G services that picked up amazingly during 2014 saw a slow growth during this year. Earlier due to SIM re-verification drive when telcos stopped majority of commercial activities and focused entirely on re-verification of their customers base and then new taxes broke the tempo of new 3G subscriptions.Experts on Tuesday said that mobile phone companies seemed not in a very good shape after imposition of new taxes.Additionally, Average Revenue Per User (ARPU) levels are dropping for telcos and hence they have halted or at least slowed down ...

FESCO issues shutdown program FAISALABAD: The Faisalabad Electric Supply Company (FESCO) has issued shutdown program for necessary repair, maintenance and expansion of electricity lines.According to the program issued by the company, power supply from Az-Zamin, Johal, Habib Haseeb and Asim feeders emanating from 132-KV Bandala grid station will remain suspended from 9 am to 3 pm on October 05 (Monday). Copyright APP (Associated Press of Pakistan), 2015 ...
IESCO to ensure smooth power supply on Eid ISLAMABAD: Islamabad Electric Supply Company (IESCO) has made special arrangements to ensure smooth and uninterrupted power supply to the consumers during Eid-ul-Azha holidays.Special duties have been assigned to Chief Engineers, officers and officials at Distribution Control Centre Islamabad to monitor the arrangements, said an IESCO spokesperson Wednesday.Chief Engineers would monitor the distribution network for uninterrupted power supply while all complaint offices would also remain open 24 hours to address and redress customers' complaints. IESCO operational ...
PIA's pre-Hajj operations 2015 conclude successfully ISLAMABAD: The Pakistan International Airlines (PIA) pre-Hajj operation of transporting over 55,800 intending Pakistani pilgrims to Saudi Arabia concluded successfully on Saturday .According to Radio Pakistan , all PIA flights departed on time, maintaining an overall punctuality rate of over 96 percent.The airline operated 147 pre-Hajj flights and carried over 43,000 intending pilgrims to Saudi Arabia.PIA also carried more than 12,870 intending pilgrims through its regular scheduled flights to Saudi Arabia.The airline's post-Hajj operation of ...
Electricity dues against agriculturists reached to Rs122bn: Senate told ISLMABAD: State Minister for Water and Power Chaudhary Abid Sher Ali on Friday informed the Senate that outstanding electricity dues against agriculturists in Balochistan have surged to Rs.122 billion.Presenting periodical report regarding non-implementation of the decision taken by the CM and 'Zimindar' Action Committee through which the QESCO was bound to provide electricity to agriculturists for 8 hours at Rs.10,000 monthly bill, the minister said that the government had announced subsidy on electricity connection for ...


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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-1.988 bln
Exports $1.835 bln
Imports $3.823 bln
WeeklyOctober 05, 2015
Reserves $18.349 bln