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Shipping activity at Port Qasim  KARACHI: Three ships carrying containers, wheat and furnace oil were allotted berths at Qasim International Containers Terminal, FAP Terminal and FOTCO Terminal respectively on Wednesday. Meanwhile two more ships schedule to load/offload containers are also arrive at outer anchorage of Port Qasim during last 24 hours. Berth occupancy was 65 percent at the Port Qasim on Thursday where total number of seven ships namely MV, OOCL Sanfrancisco, MV. Heckor, Liberty Grace, Genius Mariner, Stolt Courage, MV. Lahore and Bung Alamanda are currently occupying berths to load/offload containers, wheat, cement, chemical, furnace oil and edible oil respectively during last 24 hours. A cargo volume of 49,530 tonnes comprising 42,704 tonnes imports and 6,826 tonnes exports inclusive of containerized cargo carried in 800 containers (Boxes) were handle at the Port Qasim during last 24 hours. Copyright APP (Associated Press of Pakistan), 2012 ...

48-hour gas suspension hits 80pc industrial units  N H Zuberi KARACHI: Gas suspension to industrial areas for 48 hours from Saturday morning has hit 80 percent industrial units located in seven industrial estates of the city. The industrialists said that they not only loss production of Saturday but actually they lost entire week owing to Eid holidays from Monday. They said the textile processing industry was a major sufferer besides others of energy crisis, as abrupt suspension of gas supply from the SSGC network have ...
Recent earthquake: FPCCI vows full support to Iranian people  RECORDER REPORT ISLAMABAD: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed its heartfelt condolence and grief on the recent earthquake in Iran and decided to offer maximum support/assistance to the Iranian people. According to the announcement of the FPCCI on Saturday, the earthquake that recently hit Tabriz city killing more than 300 people was unfortunate and Pakistanis standby Iranian brethren in this moment of test, said Tariq Sayeed, former president FPCCI during a visit ...
PM approves the provision of sui gas facility to Village Tehi, Talagang ISLAMABAD: Prime Minister Raja Pervez Ashraf has approved the provision of sui gas facility for the village Tehi, Tehsil Talagang, a longstanding demand of the people of the area. The Prime Minister gave this approval on the application submitted by Mr. Abdul Qadir Sabir, ex-Nazim and PPP office bearer who brought the issue of non-availability of sui gas in the area. Provision of sui gas to the village Tehi would not only mitigate the sufferings of the ...
Karachi Electric Supply Company management injected around US$1.5bn in equity, debt KARACHI: Karachi Electric Supply Company KESC's present management injected around US$1.5billion in equity and debt including $300 million fresh equity that is part of $361 million investment, agreed and committed by KESC management. Clarifying reports in a section of press, KESC said it was only due to credibility and professionalism of its management, that IFC, ADB, OeKB, local and foreign banks shown confidence and provided KESC funding for many completed and on-going projects. It was due to ...


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Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.197 bln
Exports $1.729 bln
Imports $3.926 bln
WeeklyNovember 23, 2015
Reserves $19.713 bln