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80-member FPCCI team to participate in China-South Asia Business Forum  RECORDER REPORT LAHORE: An eighty-member FPCCI delegation is leaving for Kunming city of the Yunnan province of China to participate in the three-day 7th China- South Asia Business commencing tomorrow. Pakistan delegation includes FPCCI President Fazal Sherani, Haroon Rasheed , Mansha Churra, Zubair F Tufail, Hameed Akhtar Chadda, Chaudhry Aamer Ata Bajwa, Manazir A Nasir , Kunwar Qutub Uddin, Mian Mehmood Ahmad, Saarc CCI vice president Iftikhar Malik, Secretary General Iqbal `Tabish and EC member Ms Salma Ahmad, Pakistan's Commerce Minister Amin Fahim and Vice Chairman of China Council for the Promotion of International Trade Wang Jinzhen will inaugurate the Forum which will also be addressed by Commerce Minister of Sri Lanka and Deputy Commerce Minister of Bangladesh. A Saarc CCI press release said that forum is expected to be attended by more than 500 delegates including 120 business delegates from South Asian Chambers of Commerce and Industry. Tariq Sayeed, former President CAARC ...

Shipping activity at Port Qasim  KARACHI: Five ships arrived at the Port on Saturday carrying containers at QICT, Palm Oil at LCT, Diesel Oil at FOTCO, LPG at EVTL, Cement at MW-II, a port statement said here Sunday. Berth occupancy was maintained at 57% at the Port on Saturday where at total of eight ships namely M.T Bwow Fertility, M.V Leopard-B, M.V BBC Quebec, M.V Outrivaling-3, M.V Sierra-II, M.T Al Salam-II, M.T Gas Elixir, M.T SC Shanghai, are currently occupying berths ...
Budget is of no help: PTEA Chairman  RECORDER REPORT FAISALABAD: The budget is full of wrong allocation of funds and misplacement of priorities. Budget makers have failed to realise the importance of major irritations besetting the economy and evolving appropriate strategy for their solutions, Pakistan Textile Exporters Association (PTEA) Chairman Rana Arif Tauseef said here on Saturday. Addressing a press conference Rana Arif Tauseef welcomed but termed insufficient and misappropriate use of suggestions to drag out textile sector from crisis and said it was ...
All Pakistan Trade Unions Organization hails federal budget  KARACHI: The All Pakistan Trade Unions Organization has hailed the federal budget for the fiscal 2012-13. In a statement here on Saturday, the central chairman of the organization, Habibuddin Junaidi, said that inspite of the international recession and difficult economic situation in the country, this budget was a balanced one. He also hailed 20 percent increase in the salaries of the government employees and enhancement in pension rate to Rs 3,600 per month. Junaidi demanded that the salaries ...
WAPDA Chairman directs safety, protection of national asset Tarbela Dam foremost priority LAHORE: In wake of fire incident in jungle adjacent to Tarbela Dam Thursday night, Water & Power Development Authority WAPDA Chairman Shakil Durrani Saturday had detailed round of various components of project, switchyard and power station in particular. Talking to WAPDA Member (Power) Muhammad Qasim Khan, General Manager Tarbela Dam Project Hazrat Umar, General Manager (Hydel) Operation Wajid Hameed, other senior officers, Durrani said Tarbela Dam had been playing pivotal role for national economy since its ...


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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.434 bln
Exports $1.930 bln
Imports $3.364 bln
WeeklySeptember 02, 2014
Reserves $13.581 bln