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Committee formed to resolve trade, industry issues  RECORDER REPORT LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) and DCO liaison committee has been formed to solve the issues and problems being faced by the trade and industry. The committee was established during an LCCI meeting with the district coordination officer (DCO) Noorul Amin Mengal on Monday. Talking on the occasion, the DCO said that the very objective of this committee is to solve the business community problems on priority basis. "It would be sort of one-window for the business community where their issues would be solved within 24 hours." The issues came under discussion includes prices of daily-use items, professional tax, social security, EOBI, labour inspections, solid waste tax, board tax, surge in crime rate and improper attitude of government functionaries while dealing with business related issues. He said that all the issues that would brought to the committee would be discussed threadbare with the concerned stakeholders and the representatives ...

Reversing thermal to hydro power ratio reduces electricity tariff ISLAMABAD: Former member WAPDA and energy expert, Sardar Tariq said electricity tariff will be lowered to one-fourth through revising the ratio of thermal power to hydro power. Talking to a private news channel, Sardar Tariq said thermal depends on imported furnace oil, therefore, rates of electricity increases in the country with the rise in the prices of furnace oil in the international market. However, he maintained that the imported furnace oil should not be used in thermal ...
FPCCI appoints new chairman of regional committee  RECORDER REPORT LAHORE: Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has appointed the former LCCI vice president Aftab Ahmad Vohra as chairman of regional standing committee on "customs & ports/dry ports" for the year 2012. Aftab Ahmad Vohra was the vice president of LCCI Standing Committee on Pak-India Business Promotion. He has vast experience of economic issues and rendered marvelous services for the cause of business community. He has served Lahore customs agents group as member ...
Shipping activity at Port Qasim  KARACHI: Shipping activity remained active at the Port Qasim during last 24 hours, where three ships carrying containers and edible oil were allotted berths at Qasim International Containers Terminal and Multi Purpose Terminal on Sunday. Meanwhile one more ships scheduled to offload edible oil also arrived at outer anchorage of Port Qasim during last 24 hours. Berth occupancy was 55 percent at the Port Qasim on Monday where total number of six ships namely M.V Maersk Kentucky, ...
RECORDER REPORT Lahore: The new prime minister's top priority should be to overcome the energy crisis so that the industry could operate at its maximum potential, former president of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and Vice-President of Saarc CCI Iftikhar Ali Malik said on Sunday. Talking to Business Recorder, Malik said that Pakistan was suffering a loss of $8-10 billion in foreign exchange earnings, besides facing the effects of unemployment and under-employment ...

 



 
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Banking Review 2013


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlySeptember
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln