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Shipping activity at Port Qasim KARACHI: Four ships C.V YM Mobility, M.T Au Leo, M.T GSW Fabulous and M.T King Duncan, carrying Containers, Palm oiland Furnace Oil were berthed at Qasim International Container Terminal, Liquid Cargo Terminal, Multipurpose Terminal and FOTCO Oil Terminal respectively at Qasim on Monday, June 22nd 2015. Meanwhile two more ships carrying soya bean seeds and paim oil also arrived at outer anchorage during last 24 hours.Berth occupancy was observed at the Port at 60% on Tuesday, where nine ships namely C.V YM Mobility, C.V Posen, C.V TG Aphrodite, C.V MSC Toxas, M.V Sri Premveena, M.T Au Leo, M.T GSW Fabulous, M.T Exquisite and M.T King Duncan, were occupied at PQA berths to load/ offload Containers, Canola Seeds, Palm Oil, LNG and Furnace oil respectively during last 24 hours.Cargo throughput during last 24 hours stood at 70,875 tonnes comprises 53,243 tonnes imports, and 17,632 tonnes exports inclusive containerized cargo carried in ...

Japan to extend technical support to Auto parts manufacturing industry by end of this month ISLAMABAD: Japan International Cooperation Agency (JICA) would extend technical support to Auto parts manufacturing industry of Pakistan by end of this month, Engineering Development Board (EDB) sources said.According to EDB, the Project for Technical Support to Auto Parts Manufacturing Industry would be initiated by the end June 2015 by the Small and Medium Enterprises Development Authority (SMEDA) and the Japan International Cooperation Agency (JICA) with local consultants and engineers, such as PAAPAM (Pakistan Association of ...
Rs52bn allocated for Dasu Hydropower Project ISLAMABAD: The Government is focusing on developing additional resources of energy to overcome energy shortage in the country.For this purpose, it will invest 248 billion rupees on different power projects during the next financial year.According to Radio Pakistan quoting official sources that fifty-two billion rupees have been allocated for Stage 1 of Dasu Hydropower Project which will produce 2160 MW of electricity, twenty-one billion rupees have been earmarked for land acquisition and construction of Lot ...
Axact, a money laundering case due to disguised source of income: Official informs Standing Committee ISLAMABAD: Standing Committee on Information Technology and Telecommunications on Thursday was informed that Axact was a money laundering case as it was disguising the original source of income.Its investment in a private television channel was aimed at making its black money into white, said Chief Management Officer of Federal Board of Revenue (FBR) while briefing the Commitee here in the Parliament House.He said that Axact and Bol cannot be treated separately because the black money ...
Shipping activity at Port Qasim KARACHI: Four ships C.V CMA CGM Rabelais, C.V Maersk Hartford, M.V Eastern Star and M.T GSW Frontier carrying containers,iron ore and palm oil were allotted berths at Qasim International Container Terminal.These ships berthed at iron ore & coal and Liquid Cargo Terminal respectively at Port Qasim on Wednesday.Berth occupancy was observed at the Port at forty seven percent on Wednesday,where seven ships namely C.V CMA CGM Rabelais, C.V Maersk Hartford,M.V Panorama, M.V Eastern Star, M.I ...


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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