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Shipping activity at Port Qasim KARACHI: Three ships arrived at the port Qasim to load/offload Ethylene at EVTL, Furnace Oil at FOTCO, Wheat at FAPT on Friday.Berth occupancy was maintained at 57% on Friday where a total of eight ships namely M.V KPS-I Alican BEY-Powership, M.V Faith EX-(Kuksan-N), M.V Inlaco Brave, M.V Reecon Emre, M.V Styliani- Z, M.V Kerstin-S, M.T Akaki, M.T Norgas Creation, are currently occupying berths to load/offload containers, wheat, rice, furnace oil, ethylene.Cargo handling operations were carried out smoothly at the Port where a cargo volume 36837 tonnes comprising 34445 tonnes import, 2392 tonnes export and (158) TUEs was handled at the Port during last 24 hours.M.T Lahore, M.V Kerstin-S, M.V Inlaco Brave sailed on Friday morning.M.T Atlantic Glory at MW-I, M.V MSC Levina at QICT, M.V Dia Duong Sunrise at FAP, M.V Amavista at MW_4 arrive on 13th April, 2013 as per arrival schedule.Copyright APP (Associated Press of Pakistan), 2013 ...

KESC announces 8-hour/day loadshedding for industries KARACHI: Owing to a reduced supply of gas to Karachi Electric Supply Company (KESC) industries would have to face power outages for at least eight hours a day henceforth.In an official statement issued here, the power utility claimed facing a major decrease in the supply of gas, which it used as a justification to starve the industry of electricity. According to a KESC spokesman, the utility was forced to take a decision to this effect ...
Shortage of electricity, gas impedes to achieve textile export target set for 2012-13  FAISALABAD: Textile Export target set for the year 2012-13 would not be achieved due to electricity particularly gas shortage, industries being diverted to neighbouring countries, said Mian Zahid Aslam, President Faisalabad Chamber of Commerce and Industry (FCCI) here today. He said that after a curtailment of 68 days, the gas was restored four days a week to industries in Faisalabad in the past month. Due to this long suspension of gas, industrial production remained ...
Shipping activity at Port Qasim KARACHI: Three ships carrying containers and furnace oil were allotted berths at Qasim International and FOTCO Terminals respectively during the last 24 hours, port sources said here Thursday.Three more ships scheduled to load/ offload containers and edible oil also arrived at the outer anchorage of Port Qasim during the last 24 hours.Berth occupancy was 75% at the Port on Thursday where total number of eight ships namely M.V AI Noof, CGM Verdi, Phutai- 19, Styliani, ...
PSO to set up oil refinery in Khyber Pakhtunkhwa PESHAWAR: As part of the new vision of Pakistan State Oil (PSO) to make the leading public sector company an integrated energy company and with the determination to secure Pakistan’s energy supply chain, PSO has signed a Memorandum of Understanding (MoU) with the Government of Khyber Pakhtunkhwa (GoKP) for the establishment of a state-of-the-art oil refinery in the province.The MoU to initiate this landmark project was signed by Additional Secretary, Ministry of Petroleum & Natural ...

 



 
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Banking Review 2012

Annual2011/12
Foreign Debt $65.562bn
Per Cap Income $1,372
GDP Growth 3.7%
Average CPI 10.08%
MonthlyApril
Trade Balance $-1.779 bln
Exports $2.130 bln
Imports $3.909 bln
WeeklyMay 20, 2013
Reserves $11.601 bln