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Power shut down due to maintenance work ISLAMABAD: According to the Islamabad Electrict Supply Compnay (IESCO) the power supply would remain suspended due to the electricity maintenance and development. Today Saturday 14 July, Tench Bhatta Feeder, Cantt Feeder, Radio Pakistan Feeder, Lalkurti and surroundings areas. On Monday 16 July, Wednesday 18 July from 7am to 12pm, Tench Bhatta feeder, Cantt Feeder, Radio Pakistan feeder, Lalkurti feeder, AWT Feeder, GHQ feeder, Harley Street, Bakramandi, Radio Pakistan, Dk. Syedan, Lalkurti, AWT and surroundings. Copyright PPI (Pakistan Press International), 2012 ...

Govt considering to give more incentives for investment in Auto sector ISLAMABAD: The National Assembly was informed Friday that there will be more incentives for investment in the country in the Auto sector. The Advisor on Industries Muhammad Basharat Raja told the house during question hour that the government is considering giving more incentives for investment in manufacturing of cars in the country to meet the requirements.  He said talks were held with delegations of Korean Company and General Motors and hoped for positive results. He said presently one ...
Shipping activity at Port Qasim KARACHI: Shipping activity remained active at the Port Qasim during last 24 hours, where three ships carrying containers, furnace oil and edible oil were allotted berths at Qasim International Containers Terminal, FOTCO Terminal and Liquid Cargo Terminal on Thursday. Meanwhile two more ship scheduled to load/offload containers and chemicals also arrived at outer anchorage of Port Qasim during last 24 hours. Berth occupancy was 35% at the Port Qasim on Friday where total number of four ships ...
Textile Ministry, WWF ink MoU on proper cotton picking  ISLAMABAD: The Ministry of Textile Industry and the WWF-Pakistan here on Thursday signed a memorandum of understanding (MoU) to promote proper picking procedures and better ginning practices among the cotton growers and ginners. Joint Director of Pakistan Cotton Standard Institute (PCSI), Liaqat Ali Khan and Director Sustainable Agriculture Program (SAP), Arif Hamid Mahkdum signed the agreement on behalf of their respective organizations. According the agreement, SAP, WWF-Pakistan and Pakistan Cotton Standards Institute under the project sustainable cotton ...
PM lauds Water & Power, Petroleum Ministries for reduced electricity shortfall ISLAMABAD: Prime Minister Raja Pervez Ashraf on Thursday appreciated the efforts of the Ministries of Petroleum, Water and Power on reduction in shortfall from 8,000 MW to around 4,000 MW. Chairing the meeting of Energy Committee here, the Prime Minister directed the ministries that gradual surge of power generation must continue. He said challenges posed by the seasonal changes must be addressed well in advance and power supply be ensured on sustainable basis. The Prime Minister said finding ...


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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 $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJuly 06, 2015
Reserves $18.201 bln