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PN wins Inter Service Sailing Championship-2014
KARACHI, Oct. 31 (APP): Pakistan Navy has won the Inter Services Sailing Championship- 2014 held here at Sea Survival School PAF Base, Korangi Creek. 
 
Anwar to lead Pakistan A team vs NZ
KARACHI, Oct 30 (APP): Two Karachi players Saad Ali and Junaid Ilyas were picked in Pakistan ‘A’ squad to play 3-day games against New Zealand at Sharjah from November 3-5, Pakistan Cricket Board announced on Thursday.
 
Nauman, Irfan dismiss Hyderabad for 213 in QAT Silver League
KARACHI, Oct. 30 (APP)- Lanky Pakistan fast bowler Muhammad Irfan and Nuaman Ali took three wickets each as Hyderabad Hawaks were bowled out for 123 in their first innings on first day of their 4-day Quaid-e-Azam Cricket Trophy Silver League match against Khan Research Labortories  at Niaz Stadium , Hyderabad on Thursday.
 
Fiery Waqas, Bhutta shoot out Karachi Dolphins for 80 in Quaid Trophy
KARACHI, Oct. 30 (APP)- Pace duo of Waqas Maqsood and Muhammad Ali Bhutta shared ten wickets between them to shoot out Karachi Dolphins for 96 and then WAPDA consolidated their position by reaching 148-3 in their first innings on the opening day of their 4-day Quaid-Azam Cricket Trophy Gold League at National Stadium on Thursday. 
 
28 players report at National Hockey camp
KARACHI, Oct. 29 (APP)- As many as twenty eight players reported for National Hokey camp in preparations for Champions Trophy which commenced at Hockey Club of Pakistan Stadium from Wednesday.
 
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Shahbaz for eliminating terrorism - Businessmen, people hail reduction in petroleum prices - PM directs CMs to ensure impact of reduction in petroleum prices rea... - Pakistan enjoys cordial relations with Belarus: Awais Leghari - 36,000 families of IDPs from NWA returned from Khost to Pakistan:Gov... - MQM delegation calls on President
Economic Survey 2011-2012
FDI decreases by 48.4 percent PDF Print E-mail
ISLAMABAD, May 31 (APP): The Foreign Direct Investment (FDI) in Pakistan stood at $666.7 million during July-April (2011-12) as against $1,292.9 million last year. According to Economic Survey of Pakistan 2011-12, FDI showed decline of 48.4 percent. Oil and Gas Exploration remained the major sector for foreign investors, which  stood at 69.8 percent. The pre-budget document, however maintains that Pakistan will certainly attract foreign direct investment with the resolution of energy shortage and improvement in the law and order situation.
 
Hydel contribution increases to 33.6 % in 2011 : Hafeez PDF Print E-mail
ISLAMABAD, May 31 (APP): Minister for Finance, Dr. Hafeez Sheikh on Thursday said contribution of Hydel electricity generation during 2011 increased to 33.6 per cent. Announcing the Economic Survey 2011-12 at a press conference, he said the government was implementing a number of priority hydel projects which is the cheapest way of generating electricity. He said these projects are 969 MW-Neelum Jhelum, 1410 MW- Tarbela 4th Extension and Patrind in the private sector while almost 96 percent of work on the main dam at Mangla, spillway  and allied facilities are completed and resettlement work is in progress.
 
Pak-Afghan trade volume rises to $ 2.5 billion annually PDF Print E-mail
ISLAMABAD, May 31 (APP): The Afghan Transit Trade Agreement (APTTA) has encouraged formal trade between Pakistan and Afghanistan and its volume has risen to around $ 2.5 billion annually. According to Economic Survey launched by Finance Minister, Dr. Abdul Hafeez Sheikh here on Thursday, efforts are underway to formalize gree trade agreements and preferential trade agreements with many countries. It will help boosting the country's exports. Efforts are also underway to normalize trade relations with India.
 
Fisheries sector records 1.78% growth PDF Print E-mail
ISLAMABAD, May 31 (APP): The fisheries sector witnessed a growh of 1.78 percent against the growth of 1.94 percent during last year, according to Economic Survey of Pakistan 2011-12.Components of fisheries such as marine fishing and inland fishing contributed an overall increase in the value addition in the fisheries sub-sector. The gross value addition of marine fish increased by 1.3 percent and that of inland fish by 1.96 percent.
 
Remittances surge by over 20% PDF Print E-mail
ISLAMABAD, May 31 (APP): Workers' Remittances totaled $ 10,876.99 million in July-April 2011-12, as against $ 9,046.61 million in the comparable period of last year, showing an increase of 20.23 percent, according to Economic Survey of Pakistan released here Thursday. Remittances from Saudi Arabia recorded massive growth of 43.25 percent, followed by U.K. (27.52 percent), USA (14.57 percent), Other GCC countries (15.34 percent) and UAE (14.10 percent).
 
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