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Industrial zone, energy sectors to be set up along with CPEC: Senate told ISLAMABAD: Minister of State for Parliamentary Affairs, Sheikh Aftab Ahmed on Friday told the Senate that many industrial zones and energy sectors would be set up along with China-Pakistan Economic Corridor (CPEC).Replaying to a question, the minister said that it is the desire of the government to link maximum cities with this corridor. He said that people will get employment opportunities through the economic corridor adding that the survey of the corridor yet to be finalized.The minister said that the MoU for development of CPEC, envisage connecting Pakistani ports with western China.He said that the corridor is an economic growth belt which will be discussed and constructed mutually by China and Pakistan according to current economic situation and significant planning to ensure sustainable development.The fruits of economic corridor construction will be shared by two countries jointly and shall be spread across all areas, he added.Copyright APP (Associated Press of Pakistan), ...

Delegation of KWSB calls on Pakistan Steel's chief KARACHI: A delegation of Karachi Water and Sewerage Board (KWSB) called on CEO, Pakistan Steel Mills (PSM), Major General (Retd) Zaheer Ahmed Khan, HI (M).The payment of dues was discussed during the meeting, said a press release issued here Friday.The meeting was attended by Acting Principal Executive Officer, Capt Retd Shamsi Hassan, Acting CEO Muhammad Arif Sheikh and other concerned officials.The delegation of KWSB was assured of early payment of remaining amount.PSM has made payment ...
ERC formation, implementation on NAP great achievements of govt: Anusha ISLAMABAD: State Minister for Information Technology and Telecommunication Anusha Rehman has said that the formation of Electoral Reforms Committee (ERC) and implementation on National Action Plan (NAP) were great achievements of PML-N government.The electoral reforms committee was constituted on the directives of Prime Minister Muhammad Nawaz Sharif to bring more transparency in the elections, she said this while talking to a news channel.Anusha Rehman, who is also a member of electoral reforms committee said the ...
PESCO issues power shut down notice for Peshawar cantonment PESHAWAR: The Peshawar Electric Supply Company (PESCO) have issued power shut down notice for Peshawar cantonment due to necessary repair and maintenance works.As result, power supply will remain suspended from 132 KV Peshawar Cantonment grid station on August 2 from 7 AM to 12 PM. Resultantly, the consumers of 11 KV NCR and Jail Express feeders will face inconvenience.According to PESCO statement here Friday, power supply will remain off from 132 KV Peshawar University grid ...
Shipping activity at Port Qasim KARACHI: four ships C.V CMA CGM Tosca, C.V Mersk Detroit, M.V Basat and M.T GPT-1 carrying containers, palm oil and furnace oil took berths at Qasim International Container Terminal berth # 7 and 9, Multi Purpose Terminal and FOTCO Oil Terminal respectively at Port Qasim on Wednesday, 15 June, 2015.Meanwhile, three more ships carrying phosphoric acid, LNG and Containers also arrived at outer anchorage during last 24 hours.Berth occupancy was managed at the Port at ...


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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-1.988 bln
Exports $1.835 bln
Imports $3.823 bln
WeeklyOctober 08, 2015
Reserves $20.05 bln