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Thursday, 02 October 2014

 

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IOC ‘satisfied’ with Rio 2016 preparations
ISLAMABAD, Oct 2 (APP): The International Olympic Committee (IOC) said it was ‘satisfied’ with the state of preparations for the Rio 2016 Olympic Games.
 
CAS International Squash from October 16
PESHAWAR, Oct 2 (APP): Pakistan Squash Federation would be organizing Chief of Air Staff International Squash Championship at Mushaf Squash Complex, Islamabad with a prize purse of US$ 25,000/-.
 
Pakistan went down fighting 25-14 against Iran in Asian Games Kabbadi semis
INCHEON, South Korea, Oct 2 (APP): Like 2010 in Guangzhou, Pakistan ended with a bronze medal in 17th Asian Games Kabbadi event after going down fighting against Iran by 25-14 margin in the semifinal at Songodo Gymnasium court on Thursday.
 
Waseem contends with a bronze medal in Asian Games boxing
INCHEHON, South Korea, Oct 2 (APP): Pakistan's silver medal hope in boxing event was shattered on Thursday when top pugilist Muhammad Waseem was contended with a bronze medal after was out-boxed in the final of his flyweight division bout by Shakhobidin Zoirov of Uzbekistan of XVII Asian Games Boxing Tournament here at Seohnak Gymnasium on Thursday.
 
Trials to select final lineup for Sultan of Johor Tournament on Saturday
ISLAMABAD, Oct 1 (APP): The trials to select final lineup for Fourth  Edition of Sultan of Johor Junior Hockey Tournament will be held at Naseer Bunda Hockey Stadium Islamabad on Saturday.
 
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Pakistan condemns terrorism in all forms and manifestations: FO - PM chairs meeting to review progress on power projects - Musharraf’s treason trial adjourned till Oct 14 - Humza criticizes PTI, PAT - Kashmir dispute to be resolved according to UN resolutions, aspirati... - Seven killed, four injured as passengers van bombed in Peshawar
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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