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Two beverage factories sealed RAHIM YAR KHAN: Two fake beverage factories were sealed on the charges of making and selling sub-standard cold drinks on Thursday. This was stated by Additional Collector, Syed Wajid Ali Shah while talking to APP on Thursday. He said, a joint team of health department and police raided at the factories and recovered huge quantity of bottles of various brands including pepsi, marinda and coca cola being supplied to shops. The team also arrested the owner of a factory. Copyright APP (Associated Press of Pakistan), 2011 ...

PTCL offers speeds up to 50 Mbps   ISLAMABAD: Pakistan Telecommunication Company limited (PTCL) will be using VDSL2 Bonding technology to provide existing digital subscriber line (DSL) customers with speeds up to 50 Mbps. The project leverages Alcatel-Lucent's (Euro next Paris and NYSE: ALU) VDSL2 Bonding expertise and will be completed by the end of the second quarter of 2011, said a press release issued here on Wednesday. VDSL2 Bonding takes two copper-based VDSL2 lines per subscriber and aggregates them - almost doubling the bandwidths ...
TCP should not intervene to level price of cotton: KCA KARACHI: The Karachi Cotton Association (KCA) has urged the government not to make any intervention in the cotton market through the Trading Corporation of Pakistan (TCP) as an alternative buyer in the cotton market as it would negate the policy of free trade and disrupt the cotton economy in the country. In a press statement issued here Tuesday, the KCA said it has always advocated for free trading policy in cotton which means free export and ...
Shipping activity at Port Qasim      KARACHI: C.V Maersk Idaho carrying containers berthed at Qasim International Container Terminal on Monday, August 1. Meanwhile, two more ships C.V Maersk Kingston and M.T Bunga Bobcat carrying containers and palm oil also arrived at outer anchorage of Port Qasim during last 24 hours. Berth occupancy remained at the Port at sixty two percent on Tuesday where a total of eight ships namely C.V Maersk Idaho. M.Y Wales-II. M.V Alaska-II, M.V Hai Yu, M.T Bunga Angelica, ...
CNG closure affects people   LAHORE: All CNG filling stations in Lahore, Gujranwala and Multan divisions were closed on Tuesday, for second day on weekly holidays. The CNG closure affected thousands of commuters in the provincial capital and intercity routes as the closure of CNG stations led most transport to stay off the road. The situation was worse at city routes where passangers were unable to get into packed to capacity buses and vans. Copyright APP (Associated Press of Pakistan), ...

 



 
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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%
MonthlyApril
Trade Balance $-1.779 bln
Exports $2.130 bln
Imports $3.909 bln
WeeklyMay 20, 2013
Reserves $11.601 bln