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75 KV hydro power station inaugurated CHITRAL: The Sarhad Rural Support Programme (SRSP) Chief Executive, Shahzada Masoodul Mulk has inaugurated a 75 KV micro power station at Shaikhkanda in Kalash valley.Speaking on the occasion, he said the hydro power station was constructed with the financial assistance of the European Union and completed at an estimated cost of Rs 15 million. It would benefit around 260 families.He said a number of projects were launched by his organization in Chitral, which after completion would change the socio-economic conditions of masses.Copyright APP (Associated Press of Pakistan), 2014 ...

2.5mn subscribers using 3G services ISLAMABAD: Around 2.5 million subscribers has opted for 3G services being provided by mobile phone operators after its launch in April this year while this number is expected to rise further in due course.This number is grossly close to 3.34 million broadband users that were available in Pakistan before 3G services.Not to mention, it took Internet Service Providers (ISPs) around eight years to take current broadband subscription to 3.37 million mark.Mobile companies figures on Friday ...
1st unit of 969 MW Neelum Jhelum project to complete by Dec 2015 ISLAMABAD: The first unit of 969 MW Neelum Jhelum is expected to complete by December 2015 as around 65-70 per cent work on this important project has been completed so far.According to official sources, the project would formally be commissioned in 2016 and would add 969 MW cheap hydel electricity to the national grid system.The Neelum-Jhelum Hydroelectric Project is being constructed over Neelum river. Once completed, the project would contribute about 5.15 billion units of ...
CNG stations to remain open during Eid holidays: APCNGA ISLAMABAD: The All Pakistan CNG Association (APCNGA) on Wednesday said Compressed Natural Gas (CNG) would be available across the country for twenty-four hours during Eid ul Azha holidays.The All Pakistan CNG Association (APCNGA) Chairman Gayyas Paracha told APP that the detailed schedule would be annouced on Friday.Oil and Gas Regulatory Authority official Muhammad Afzal said that official notification was not issued yet. He said, however notification and detailed schedule was likely in one or two ...
No Load-shed during Eid Holidays KARACHI: K-Electric in its press note has announced that the company will yet again exempt its customers from any load-shed during the Eid holidays. Following its tradition, the company has exempted load-shed during Eid for the last 5 years, and this year will be no different.Giving details the press statement said that there will be no load-shed starting Sunday 5th October till the 8th of October. However, in an area as vast as Karachi and ...


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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