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Shipping activity at Port Qasim KARACHI: Brisk shipping has been observed at the Port during last 24 hours, where six ships carrying containers, general cargo, bitumen, iron ore and diesel oil were allotted berths at Qasim International Containers Terminal, Multi Purpose Terminal, IOCB and FOTCO Terminals on Tuesday. Meanwhile four more ships scheduled to load/offload containers, chemical and edible oil also arrived at outer anchorage of Port Qasim during last 24 hours. Berth occupancy was 75% at the Port on Wednesday where total number of eight ships namely Maersk Kalamata, MV. AI-Noof, MV. Salta, BBC Seine, Cyrus-1, Union Emma, AI-Salam II and Chem Road Mega are currently occupying berths to load/offload containers, cement, general cargo, bitumen, iron ore, diesel oil and edible oil respectively during last 24 hours. A cargo volume of 84402 tonnes comprising 57978 tonnes imports and 26424 tonnes exports inclusive of containerized cargo carried in 2292 containers (Boxes) were handle at the Port during last ...

Producers cut LPG price by Rs.6.60/kg KARACHI: Local producers of liquefied petroleum gas (LPG) have decreased prices by Rs 6,600 to Rs 65,993 per ton after a decline in its international prices (Saudi Armaco Contract Price). This was stated by the pattern in chief of All Pakistan LPG Distributors Association Abdul Hadi Khan here Tuesday. New prices are effective from July 3, 2012. He pointed out that price of locally produced LPG has been lowered by Rs 13,507 compared to imported LPG. He said ...
Electricity shortfall reaches 5,277MW ISLAMABAD: Electricity shortfall has been increasing due to closure of five power plants and shortage of oil. According to PEPCO, electricity generation currently stands at 13, 230MW against the demand of 18,507MW, private news channel reported. Hydel power plants are generating up to 4,527MW, Thermal 1, 690MW and 6,374MW electricity is being supplied by IPPs. Meanwhile, urban areas are facing 14-16 hours of power cuts while rural areas are facing 18-20 hours of load shedding. Copyright APP (Associated Press ...
1200 new buses being imported LAHORE: Lahore Transport Company (LTC) Chairman Khawaja Ahmed Hassan on Tuesday said the government was acquiring 1200 buses from China to provide comfortable transport to masses. Talking to APP at his office, he said these air conditioned buses would ply in Lahore and some other cities of the province. "Provision of modern transport facility would facilitate people in their day to day life routine. To a question,Hassan said government has decided to give the facility of concessionial tickets ...
Double jeopardy: CNG closure, petrol shortage LAHORE: All the CNG stations of Lahore,Multan,Sahiwal and Gujranwala division remained closed on Tuesday,the second weekly holiday, while petrol shortage in some parts of the city hit the commuters double hard. Meanwhile,illegal petrol sellers spent a busy day as they fleeced consumers who paid Rs 20 to Rs 30 extra per litre. Petrol shortage cum CNG closure forced 40 to 50 percent filling stations to remain completely closed. Later in the day long queues were seen at some ...


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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
WeeklyApril 16, 2015
Reserves $16.818 bln