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Shipping activity at Port Qasim KARACHI: Brisk shipping has been absorbed at the Port during last 24 hours, where seven ships carrying container, rice, chemical, diesel oil and edible oil were allotted berth on Qasim International Containers Terminal, FAP Terminal, Engro Vopak Terminal, FOTCO Terminal and LCT Terminal on Thursday. Meanwhile four more ships scheduled to load/offload containers, furnace oil and edible oil also arrived at outer anchorage of Port Qasim during last 24 hours. Berth occupancy was 75% at the Port on Friday where total number of eight ships namely MV.City Beijing, CGM Eiffel, CGM Chopin, Liberty Glory, Stanley Park, AL Soor II, Chem Road Quest and MT, Atlantia are currently occupying berths to load/offload containers, rice, chemicals diesel oil and edible oil respectively during last 24 hours. A cargo volume of 83585 tonnes comprising 69872 tonnes imports and 13713 tonnes exports Inclusive of containerized cargo carried in 1285 containers (Boxes) were handle at the Port during ...

APTMA Chairman calls on PM, seeks resolution of power loadshedding issue  RECORDER REPORT LAHORE: All Pakistan Textile Mills Association (APTMA) Chairman Mohsin Aziz called on Prime Minister Raja Pervez Ashraf on Wednesday to get resolve power loadshedding to textile industry. Federal Ministers including Hafeez Sheikh, Dr Asim Hussain, Ch Ahmed Mukhtar, Qamar Zaman Kaira and Manzoor Ahmed Wattoo, besides the federal secretaries and Chief Executives of power distribution companies (Discos) were also present in the meeting. Representing the textile industry, APTMA Chairman Mohsin Aziz said he was great admirer ...
‘Textile industry is facing tough competition in international market’  N H Zuberi KARACHI: Pakistan textile industry is facing tough competition in international market owing high production cost on the other hand the industrialists have started looking towards India and Bangladesh for imports. Former Senior Vice President of Karachi Chamber of Commerce and Industry (KCCI) and prominent textile manufacturers and exports, Mohammad Hanif Lakhani said the industrialists facing enormous difficulties in operating textile units on full swing due to frequent increase in utility charges and gas and ...
IT sector to be highly visible in next five years in the economy ISLAMABAD: CEO and Chairman NetSol Technologies Ltd. Salim Ghauri said on Wednesday that IT industry in the next 5 years will be highly visible in the economy of the country. Talking to a private news channel, he said over 1000 IT companies are working with over 100,000 employees, generating over a billion dollars in IT export today .     In the next 5 years, this number will change dynamically and IT industry will be contributing very ...
Several steps being taken to ensure safe usage of CNG ISLAMABAD: Ministry for Petroleum and Natural Resources has envisaged several steps to ensure usage of Compressed Natural Gas safe in the country. A source in the ministry told APP that more than 100 workshops all over the country, duly approved by Chief Inspector of Explosives (CIE) and certified by Hydrocarbon Development Institute of Pakistan (HDIP), have started certifying vehicles and in this campaign all unapproved CNG equipment including unapproved CNG Cylinders shall be replaced. He said HDIP ...


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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyMarch 13, 2015
Reserves $16.273 bln