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+ BOI News - Upcoming events - E-letter - Tenders	Daily Economic Activities
	(July 06, 2009)
	Economic Bulletin	click here for Market Glimpse
	Minister expresses concern over gray trafficking in telecommunication; Federal Minister for Investment Senator Waqar Ahmed Khan expressed his concern over the gray trafficking by illegal operators in telecommunication sector causing loss of $110 million per annum to the national exchequer. He said this while chairing a meeting to address various issues pertaining to telecommunication sector. (Source, BR)
	Investors keen to invest in Pakistan: Senator Waqar Ahmed Khan; Minister for Investment Waqar Ahmed has said that investors are keen to invest in Pakistan. (Source, The Post)
	KCR, LEW, other mega projects to be discussed today; The billions of rupees worth mega projects, approved by President Asif Ali Zardari for Karachi and other areas of Sindh, would be discussed at a high level meeting in Karachi. The meeting is being held for the first time to review various mega projects after their formal approval by the President during his visit to Karachi on May 28. (Source, BR)
	Misleading shortfall figures: Prime Minister annoyed with Water, Power Ministry; Prime Minister Yousaf Raza Gilani was reportedly annoyed with the Ministry of Water and Power in the Cabinet meeting on July 1 for misleading him on electricity shortfall figures and thereby damaging credibility of the government. (Source, BR)
	Privatization proceeds being given new impetus: PR, USC, PSO privatization under review; The government is pursuing privatization as an economic reform policy tool for generating growth and erasing structural inefficiencies by removing barriers. (Source, The Financial Daily)
	UAE donates 620MW plants: Power Minister calls on Sheikh Diyab Pervaiz delivers President’s letter to UAE prince; Federal Minister for Water and Power Raja Pervaiz Ashraf called on Chairman Abu Dhabi Water and Electric Agency, Prince Diyab Bin Zayed Al Nahyan and discussed with him bilateral affairs in Abu Dhabi. (Source, The Financial Daily)
	Level playing field demanded for exporters, importers; The Union of Small and Medium Enterprises (UNISAME) in its trade proposals submitted to the Ministry of Commerce (MOC) has called for level playing field for commercial exporters and importers to encourage them to supplement activities of the industrial sector for economic growth. (Source, The Post)
	14 percent advance for rental power projects: Tarin to hold meeting with banks, DFIs chiefs today; Advisor to Prime Minister on Finance, Shaukat Tarin will hold a meeting with the Presidents and Chief Executive Officers (CEOs) of banks and DFIs at National Bank of Pakistan (NBPs) head office in Karachi on Monday to finalize loan facility arrangements for 14 percent advance payment to rental power projects. (Source, BR)
	Trade policy to be announced this month: Amin; Commerce Minister Amin Fahim has said that the new trade policy will be announced in the third week of this month. Talking to media at the Fourth Rice Export Trophy Award, organized by Rice Exporters Association of Pakistan (Reap) in Karachi, the Minister said that consultations with all chambers were going on to finalize the trade policy. (Source, BR)
	Canada-Pakistan Trade Exposition from July 8; A trade exhibition 'Canada-Pakistan Trade Expo' would be held in Toronto, Canada, with the joint collaboration of Trade Development Authority of Pakistan (TDAP), Consulate General of Pakistan Toronto, and event management company M/s Universal Promotions. (Source, BR)
	Two-way trade: Pakistani businessmen invited to invest in Indonesia; Indonesia, being an integrated market, having liberal trade and investment policies, provides enormous potential to Pakistani businessmen; therefore, they must make investment there. This was stated by Indonesian Ambassador in Pakistan Ishak Latuconsina in a meeting at Lahore Chamber of Commerce and Industry (LCCI). (Source, BR)
	National Bank of Pakistan (NBP) marketing insured agri loans; National Bank of Pakistan (NBP) is providing loans to farmers after adopting proper insurance process. The NBP Chairman and President Syed Ali Raza said that in case of death of the borrower, the respective insurance company would pay the loan amount instead of his heirs. The bank took this initiative to protect the aggrieved family from any hassal, he said. (Source, The Financial Daily)