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Pak-China conference on internet security, environmental sciences on Monday  ISLAMABAD: A one-day Pak-China conference on Internet Security, Nanotechnology and Environmental Sciences will be held on Monday at the Pakistan Academy of Sciences (PAS) here. A delegation of Chinese Academy of Sciences, led by its President Prof Chunli Bai, is on visit to Pakistan for participating in the bi-national conference on the invitation of Dr Atta-ur-Rahman, PAS President, said a news release issued here on Sunday. The purpose of Chinese delegation visit to Pakistan is to explore possibilities of cooperation in science and technology between the two countries. It may be mentioned here that the Chinese Academy of Sciences is the most powerful scientific institution in China with over 100 world-class research institutes and science and technology universities under its umbrella. Copyright APP (Associated Press of Pakistan), 2012 ...

SNGPL recovers Rs5.8bn from pilferers  LAHORE: Sui Northern Gas Pipelines Limited (SNGPL) recovered Rs5.8 billion from gas pilferers after conducting 19,000 raids during the period from January 1 to July 10 in various localities of Lahore region. An officer from SNGPL told APP on Sunday that only 52 percent FIRs could be got registered against gas pilferers under 462 Gas Act due to non-cooperative attitude by the police. He said the company had constituted a special task force which conducts raids on ...
Shipping activity at Port Qasim  KARACHI: Two ships arrived at Port on Saturday. carrying chemical at EVTL, palm oil at Let. Berth occupancy was maintained at 21 % at the Port on Saturday where a total of 3 Ships namely M.T Dong.A.Iris, M.T Harsanadi, M.T Feng Hai are currently occupying berths to load/offload palm oil, chemical was handled at Port last 24 hours. Cargo handling operations were carried out smoothly at the Port where a cargo volume 14040 tonnes comprising 14040 tonnes ...
LCCI announces election schedule  RECORDER REPORT LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) on Saturday announced the LCCI Election schedule for the year 2012-13. As per LCCI Executive Committee decision, the election for Corporate class and Association class will be held on September 19 and 20 respectively. The Final list of voters will be displayed on August 28, nomination papers will be received on September 1 and final list of candidates will be displayed on September 15. Polling will ...
Higher policy rates led to closure of many units: PBEA chief   RECORDER REPORT KARACHI: A shot in the arm is needed to lift country’s exports which “are going down and we are losing exports markets rapidly, according to Pakistan Bed-wear Exporters Association (PBEA). Shabir Ahmed, Chairman, PBEA painting a very bleak picture of exports said that an unprecedented increase in bank mark-up has resulted in the closure of many factories of bed-wear and other textile made-ups and many more are likely to close down in coming months. Entire blame ...


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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyJuly 23, 2015
Reserves $18.677 bln