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Industries & Sectors


CCOP decides not to go ahead with divestment of 10pc shares of OGDCL ISLAMABAD: Cabinet Committee on Privatization (CCOP) has decided not to go ahead with divestment of 10 percent Government of Pakistan shares in Oil And Gas Development Company Limited (OGDCL).A statement issued by the Ministry of Finance here Saturday said that the decision was taken in view of overall improvement in national economy and international price situation.Copyright APP (Associated Press of Pakistan), 2014 ...

IESCO issues power suspension programme ISLAMABAD: The Islamabad Electric Supply Company (IESCO) on Friday issued a power suspension programme for various areas of its region due to necessary maintenance and routine development work.According to an IESCO spokesman, the power supply of the following feeders/grid stations would remain suspended as under:On 08 November 08:00am to 04:00pm, PTV-2, Industrial-I, Katarian, G-10 Sector, Holy Family Hospital, New United Steel, Muhammad Steel, Industrial-II, Fazal Reber Steel, Karachi Company, Itehad Foundary, Industrial-III, I-10/1, Floor Mill-I ...
Transport fare on KP's inter-districts routes reduced PESHAWAR: The positive impact of massive reduction in prices of petroleum products by the Federal Government on passengers have started visible in Khyber Pakthunkhwa where transport fare was reduced by five to six percent on the inter-districts routes.The Provincial Transport Authority (PTA) has revised fares of transport plying on inter-district routes after cut in prices of petroleum products was announced by the Prime Minister, Muhammad Nawaz Sharif few days ago.A PTA spokesman told APP that ...
Grid station inauguration on Monday FAISALABAD: Federal State Minister for Water & Power Ch. Abid Sher Ali will inaugurate a 132-KV grid station at M-3 Industrial City here on Monday (November 10).According to a spokesman of the Faisalabad Industrial Estate Development and Management Company (FIEDMC), the grid station project was completed within a record time of 14 months with the help of Pak Electron Ltd.He cited that Rs. 300 million were spent on developing this 132-KV grid station which would ...
Intl. conference calls for strict check on use of restricted chemicals in textile KARACHI: The international conference on resource efficiency here on Thursday called for strict implementation of regulations and for new legislation to stop the use restricted/non-approved chemicals and dyes in the textile industry.It was also observed that many textile industry units in different processes make unnecessary use and waste a lot chemicals and dyes which create serious environment and health problems along with adding to the cost of production.Many textile manufacturers do use sub-standard and banned ...


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Banking Review 2013

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln