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Shipping activity at Port Qasim KARACHI: Four ships C.V CMA CGM Rabelais, C.V Maersk Hartford, M.V Eastern Star and M.T GSW Frontier carrying containers,iron ore and palm oil were allotted berths at Qasim International Container Terminal.These ships berthed at iron ore & coal and Liquid Cargo Terminal respectively at Port Qasim on Wednesday.Berth occupancy was observed at the Port at forty seven percent on Wednesday,where seven ships namely C.V CMA CGM Rabelais, C.V Maersk Hartford,M.V Panorama, M.V Eastern Star, M.I GSW Frontier, M.T Exquisite and M.T Lahore were occupied PQA berths to load/ offload Containers, Soya Canola Seeds, Iron Ore, LNG palm oil and Furnace oil respectively during last 24 hours.Cargo throughput during last 24 hours stood at 145,116 tonnes comprises 120,074 tonnes imports, and 25,042 tonnes exports inclusive containerized cargo carried in 2,918 containers (TEUs) (2,026 imports and 752 exports TEUs) were handled at the Port. Departures:Oil tanker 'Lahore' and bulk cargo carrier 'panorama' ...

PTDC offers 35pc discount during month of Ramadan ISLAMABAD: Pakistan Tourism Development Cooperation (PTDC) offers up to 50 percent discount on accommodation in PTDC motels and hotels during the holy month of Ramadan.PTDC offers can be enjoyed at its Ayubia, Naran, Balakot, Saidu Sharif, Kalam, Miandam, Chitral, Booni, Bamburet (Kalash Valley), Mastuj, Phandar, Gupis, Gilgit, Hunza, Sost (Pak-China border), Rama Lake, Skardu, Khaplu and Besham resorts. Sehri and Iftar dinner would be available at all the resorts during the holy Month. It is ...
Pesco to waive off late payment surcharge of defaulters if pay arrears by June 30 PESHAWAR: The Pesco will waive off late payment surcharge if the defaulted Federal, Provincial Govts Departments, autonomous and Local Bodies paid their arrears and outstanding dues by June 30, said a release of the Pesco here Thursday.An Incentive Package has been approved by the Board of Directors Pesco to waive off Late Payment Surcharge levied in the electricity bills of Federal and Provincial Govt departments including Autonomous and Local bodies for not paying the bills ...
No shortage of fuel in country: Jam Kamal ISLAMABAD: Minister of State for Petroleum and Natural Resources Jam Kamal on Wednesday said the supply of petrol was normal and there was no shortage of fuel in the country."The temporary shortage happened due to the panic buying and stocking of fuel after spreading of rumours regarding impending fuel shortage in the country", he said while speaking in Senate in response to an adjournment motion moved by Senator Dr Ashok Kumar regarding dispute between Pakistan ...
Pakistan Railway's massive drive against ticketless passengers KARACHI: In a massive drive against ticketless travelling in Karachi Railway Division, a record 11,205 passengers were apprehended for travelling without ticket during the month of May.The drive was carried out by Divisional Commercial Officer (DCO) Nasir Nazeer following the instructions from the Railway Minister Saad Rafiq for rooting out the menace of ticketless travelling which was causing loss to national exchequer.The DCO during different raids recovered over Rs 10.008 million as fine and fare ...


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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