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PTCL introduces 4 Mbps speeds as minimum benchmark across country MULTAN: Pakistan Telecommunication Company Limited (PTCL) has added another feather to its cap by introducing 4Mbps as a minimum benchmark for broadband speeds nationwide.The company has taken the initiative to connect the country to the world at such high speeds, thus setting a benchmark equal to some of the advanced economies in the world and surely the highest benchmark in the South Asian region, said a press release issued here.President and CEO of PTCL, Walid Irshaid while commenting on this new initiative said "PTCL is passionately pursuing its vision to bring broadband access to everyone, regardless of income levels and geographic terrain".Over the last few years, the expansion of PTCL broadband footprint and upgrade of existing infrastructure have all come together to change the very dynamics of information and communications technology services in the country.The new initiative is a step further in ensuring that country progresses at faster speed and ...

OGRA asked to take action against high LPG price for consumers ISLAMABAD: All Pakistan Liquified Petroleum (LPG) Distributors Association on Friday called upon the Oil and Gas Regulatory Authority (OGRA) to take action against high LPG consumer price.The association's chairman Irfan Khokhar said a letter had been written to the OGRA chairman to issue a directive to all concerned departments and enforcement department OGRA to check whether the LPG was being sold to consumer at reasonable price or not and that whoever involved in this price ...
Pakistan should import gas from Iran:  Shamim Akhtar ISLAMABAD: Former Managing Director, Sue Southern Gas Pipelines Limited, Prof. Shamim Akhtar has said that like other countries, Pakistan should import gas from Iran.Talking to a private Radio channel, he has said despite the US ban, Iran exports its oil to India, UAE and China.Responding to a question, he said that if US imposes ban on Pakistan, it would fan anti-US feeling in the people who have already faced economic problems here.He said that the ...
PR to lay track to link Karachi with Gwadar seaport ISLAMABAD: Pakistan Railways is planning to lay track to link Karachi with Gwadar seaport to facilitate traders and generate revenue.According to Radio Pakistan quoting official sources, the new track will fulfill the needs of transportation of goods to Gwadar.The government is in contact with China for preparing studies for the construction of Khuzdar, Jacobabad and Dera Ghazi Khan main line.Pakistan Railways is also working on restoration of ECO train for Turkey via Taftan and Zahedan.The ...
PR recovers stolen track worth Rs9mn ISLAMABAD: Pakistan Railways has recovered stolen track worth Rs9 million during last few months.An official of Pakistan Railways while talking to APP said Railway assets on the closed sections were being watched by the un-armed men which did not provide required protection to the assets.Now, he said, it has been decided to safeguard these assets through armed police personnel.He said many FIRs have been registered to arrest the miscreants.To a question, he said that availability ...


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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln