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Shipping activity at Port Qasim KARACHI: Three ships arrived at Port on Saturday 27th August 2011. Berth occupancy was maintained at 64 percent at the Port on Friday where a total of ten ships namely M.V Saphir-II, M.V Afamia, M.V Ioanthi, M.V Tycon-II, M.V Glory, M.V MSC Venezuela, M.V Al Mirqab, M.T Long Champ, M.T Grace, M.V Gera Simos, are currently occupying berths to load/offload Cement, Containers, and Canola Seed, Palm Oil, Fertilizer during last 24 hours. Cargo Handling Operations were carried out smoothly at the Port Qasim where a Cargo volume 57942 tonnes, comprising 31795 tonnes, imports and 26147 tonnes exports, Containers (Tues) 2456 was handled at the Port during last 24 hours. M.V Glory sailed on Friday evening, M.V MSC Venezuela, M.V Al Mirqab, M.V Gera Simos and M.T Long Champ Sailed on Saturday Morning. M.T MY Kines (D-Palm Oil) at LCT expected to take berth on Saturday 27th August, 2011.   Copyright APP (Associated Press of Pakistan), 2011   ...

HESCO starts defaulters’ disconnection HYDERABAD: The management of Hyderabad Electric Supply Company has started discontinuation of electric connection to those consumers who failed to deposit their bills. The HESCO spokesman Saturday advised the defaulters to deposit their electricity bills and remaining outstanding dues in order to avert any inconvenience during Ramzan and Eid-ul-Fitr. The HESCO management has constituted special teams and authorized them to disconnect the electric connection or initiate action under Land Revenue Act against the defaulters. Copyright Reuters, 2011 ...
Saudi Pak Industrial, Agri Investment reached Rs.10bn ISLAMABAD: Amid efforts of consolidation and targeting low-risk businesses, the investment portfolio of Saudi Pak Industrial and Agriculture Investment Company Limited has reached to Rs.10 billion in different sectors of economy in the country. The company has investments in various sectors including fertilizer, chemical, sugar, textile, communication and services sectors, a top official of the company told APP here Saturday. "The company aims to launch several other investments programmes in future but these new businesses would be ...
PTDC asked to put in more efforts to promote tourism ISLAMABAD: Pakistan Tourism Development Corporation would make extra efforts to put tourism industry back in business after being ruined for almost a decade. The corporation has been asked to double its efforts to promote tourism industry as the existing policies for tourism, which were framed back in 1992 are not yielding the desired results. Managing Director PTDC Mir Shahjahan Khetran said this at a reception which he hosted for PTDC Employees, APP learnt this on Saturday. The MD ...
EDF approves Rs.31.62m R&D fund PESHAWAR: The Ministry of Commerce has approved Rs.31.62 million for the establishment of Research and Development Cells in three chambers of Khyber Pakhtunkhwa. The approval was given in the meeting of the Board of Administrators EDF Board held under the chairmanship of Federal Minister for Commerce, Makhdoom Amin Fahim. The fund would be utilized for establishment of Research and Development Centres at Haripur Chamber of Commerce & Industry (HCCI), Tribal Area Chamber of Commerce & Industry (TACCI) ...

 



 
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Banking Review 2012

Annual2011/12
Foreign Debt $65.562bn
Per Cap Income $1,372
GDP Growth 3.7%
Average CPI 10.08%
MonthlyFBS July-June
Trade Balance $-21.271 bln
Exports $23.641 bln
Imports $44.912 bln
WeeklyMay 13, 2013
Reserves $11.863 bln