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3G services witnessing reasonable response amid user-friendly packages ISLAMABAD: Thanks to different user-friendly packages announced by mobile phone operators, the newly introduced 3G services have witnessed a reasonable response and its subscription reached around 2.7 million mark since its launch from April this year.The number is grossly close to 3.37 million broadband users that are available in the country. If uptake remains the same, the number of mobile broadband subscriptions is soon going to cross the number of broadband subscribers within next few months.The operators including Mobilink, Ufone, Telenor and China Mobile (Zong), providing 3G commercial services, are not noly expanding their coverage for mobile broadband but also introducing bundle packages to woo subscribers to adopt such services.Mobilink has announced that it has hit one million mark within 90 days of commercial launch which is the fastest uptake of 3G services of any cellular operator in Pakistan.Mobilink's 3G services were launched in July this year and continue to ...

Eleven projects ongoing to promote industries in Balochistan: Rao Ajmal ISLAMABAD: Parliamentary Secretary for Industries and Production Rao Muhammad Ajmal Khan Wednesday told the National Assembly that there are eleven ongoing projects worth over Rs 3.8 billion to promote industries in Balochistan.Replying during Question Hours in the House, Rao Ajmal Khan said that allocations for industrial development for Balochistan are much more than Punjab.Regarding the law and order situation in Balochistan, he said that the government would fully support the local and foreign investors if ...
CNG stations fined for overcharging FAISALABAD: The District Administration has fined three CNG station owners with Rs 75000 for overcharging.According to city district government, Assistant Commissioner (AC) city Shah Rukh Niazi conducted raids in different areas of the city and found out that three CNG station owners including Tamoor CNG Satyana Road, Laraib CNG Narwala Road and Akbar CNG Batala Colony were over charging.The AC city imposed a fine of Rs 25000 each on these CNG station owners. Copyright APP ...
IESCO issues power suspension programme ISLAMABAD: The Islamabad Electric Supply Company (IESCO) on Tuesday issued a power suspension programme for various areas of its region due to necessary maintenance and routine development work.According to an IESCO spokesman, the power supply of the following feeders/grid stations would remain suspended as under:On 22 October From 08:00am to 12:00noon, Dharabi, Jhatla, Lawa, Wanhar, Hassal, Duffer, Sagharpur feedersFrom 09:00am to 12:00noon, Islampura, Valley, Attock Rural, Hameed, C.Mar, Murat, ChabbFrom 09:00am to 01:00pm, Maj. Masood, ...
Agreement with K-Electric challenged: Senate told ISLAMABAD: State Minister for Water and Power Chaudhary Abid Sher Ali on Tuesday informed the Senate that government had already challenged agreement with Karachi Electric Supply Company (KESC) now formally known K- Electric in court of law.Replying to various supplementary questions during Question Hour, the minister said that the agreement with K-Electric was illegal. However, the case was in Sindh High Court and the government was actively pursing the case, he said.The minister said that ...


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Banking Review 2013

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln