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PR change timings of July 16 Eid Special train LAHORE: Pakistan Railways has changed the timings of Eid Special train for Karachi from here on July 16 to facilitate passengers.According to a notification issued here on Tuesday, the train will now leave here at 6:30 pm instead of 11:00 am for Karachi. The route of the train has also been changed and the train will go via Multan.Copyright APP (Associated Press of Pakistan), 2015 ...

WAPDA delivers 3.896bn units to national grid system ISLAMABAD: The hydel power stations operated by the Water and Power Development Authority (WAPDA) delivered 3.896 billion units of low-cost electricity to the National Grid in June 2015, as compared to 3.347 billion units generated in June last year.This generation registered a tremendous increase of 549 million units (16.4 percent) in a month at a time when the country is in acute need of electricity.This additional contribution of hydel electricity not only helped minimizing load-shedding ...
Air China to operate from Islamabad Airport ISLAMABAD: Air China, national flag carrier of China, has showed keen interest to operate three flights of its Airbus-320 in a week from Islamabad Airport from October this year.In this regard, a China Air delegation visited Islamabad Airport and held meeting with Airport Manager, Civil Aviation Authority (CAA) Muhammad Ayaz Jadoon, a spokesman of the Authority said here on Saturday.The Airport Manager assured the delegation full support for smooth and secure flight operation from Islamabad ...
China to establish Bio-Tech Research Lab in Pakistan MULTAN: Chinese Ambassador to Pakistan Sun Weidong said on Saturday that China would establish Bio-Tech Research Laboratory in Pakistan under a joint venture programme to promote agriculture sector in the country.Paying a visit to Cotton Research Station Multan, he said that Chinese President paid a successful visit to Pakistan, in recent past. He observed that both the countries were enjoying brotherly relations.Sun Weidong stated that bio-tech research lab would offer excellent opportunities to carry out ...
Incentives in textile sector to boost exports to $26bn ISLAMABAD: The incentive of Rs. 64.15 billion cash subsidy to textile and clothing sector under textile policy would boost exports to $ 26 billion by 2019.The package announced under the policy (2015-19) carries special duty-drawback rates, duty exemption on plants and machinery, subsidy on long-term loans and also development subsidies.Finance Division will provide Rs.40.6 billion over five years for duty drawback, technology up-gradation and brand development etc. while another Rs. 23.5 billion will be provided ...


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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