Economic Review articles from April 1995

Economic Review archives from April 1995

Blasphemy case. (Pakistan)
April 1, 1995... This was for the first time in the history of Pakistan courts that a minor of 12/13 years of age was awarded death sentence. Not only it goes against the law of the land to punish a minor with death sentence but also because of the fact that...

Reflection on the federal budget. (Pakistan)
April 1, 1995... As a result of heavy additional taxes and increase in support prices and utility rates, inflation has been running at more than 15 per cent during the year against the target of 7 per cent. Inflation is eating away the vitals of the economy as it...

Balanced labour policy is in offing - Akbar Lasi. (Federal Minister for Labour and Overseas Pakistanis)(Interview)
April 1, 1995... Federal Minister for Labour and Overseas Pakistanis Mr. Ghulam Akbar Lasi highlights salient features of incoming Labour Policy and terms it balanced. Mr. Lasi expresses views on some burning matters which are considered to be bone of contention...

Termination simplicitor be restored - Tabani. (Ashraf W. Tabani, president of Employers Federation of Pakistan)(Interview)
April 1, 1995... Ashraf W. Tabani, former Governor Sindh and President, Employers Federation of Pakistan strongly condemns professional trade union leaders for low productivity and indiscipline at plant level. Mr. Tabani advocates employers' right to replace an...

Ban on outsiders will cripple union activities - Nabi Ahmed. (Pakistani trade union leader)(Interview)
April 1, 1995... Nabi ahmed (63), a veteran trade union leader of the country, joined unionism in 1948 as Section Representative in General Motors Overseas Corporation. Mr. Nabi Ahmed studied Labour Economics and Trade Union Administration in the Universities of...

Self-employment through entrepreneurship development programme. (Pakistan)
April 1, 1995... Mahmud Quraishi, Chief Executive, Q. Consult is well known among professional circles in Pakistan as an eminent Management and Human Resources consultant. He has worked on a number of projects as national and international expert for the ILO and...

Ramifications of 'social clause' in international trade agreements.
April 1, 1995... Fasihul Karim Siddiqui (47), General Manager, Personnel & Administration in Hinopak Motors Ltd., is widely known among professional circles for his expertise in Labour Laws and Industrial Relations. Mr. Siddiqui presented this paper at the...

Discipline and production is our slogan - Shamshad. (interview with Shamshad Qureshi, chairman, Peoples Workers Union, Pakistan Steel)(Interview)
April 1, 1995... Shamshad Qureshi (37), Chairman, Peoples Workers Union, Pakistan Steel (CBA), is an Arts Graduate. He started union activities in 1986 and was elected Sr. Vice President. In 1990 he became General Secretary. He was twice detained in central jail...

Trade union is not an island - Junaidi. (labor policy in Pakistan)(Interview)
April 1, 1995... Habibuddin Junaidi (53) has recently been elevated as Information Secretary, PPP Sindh. Junaidi attaches high hopes with Benazir government and accuses Zia legacy for all evils. Economic Review: Why the announcement of labour policy is being...

Radio and PTV unions be restored - Rasheed & Salat. (interview with Pakistani labor leaders Rasheed Qureshi and Abdul Qadir Salat)(Interview)
April 1, 1995... Ban on union activities in Pakistan Broadcasting Corporation and Pakistan Television Corporation was imposed during Zia's military rule in 1978. Trade unions in these institutions were formed in early 70's during Bhutto's period. Soon after the...

Utility of credit cards in settling the utility bills.
April 1, 1995... Payment of utility bills has all along been a problematic issue, getting on the nerves of all concerned. Measures taken so far to resolve this issue have simply fallen flat so much so that the much-acclaimed panacea prescribed by the State Bank...

ECO summit - exploring new opportunities. (Economic Cooperation Organization)
April 1, 1995... The first summit was held in Tehran in 1992. This time Uzbekistan, Turkmenistan and Azerbaijan, were formally enrolled as its full members, while Tajikistan and Kyrgyzstan joined as observers and Afghanistan and Kazakhistan followed suit. Thus,...

Islamic mode of financing.
April 1, 1995... Modaraba, an approved mode of islamic financing, is assuming importance in our financial system and has shown a considerable growth over the last few years. Modaraba is partnership between capital on one side and personal effort on the other. In...

Financial instruments in Pakistan.
April 1, 1995... Each voucher will be represented by one certificate of PTCL which will be exchangeable by 100 shares of PTCL, within a period of two years. These vouchers are backed by the buy bank guarantee of government of Pakistan at the rate of Rs.38.40/ -...

Transfer of tech for oil industry in Pakistan - an overview.
April 1, 1995... Pakistani professionals working in the oil industry in the western countries (especially in USA and Canada) are a potential and untapped source of modern petroleum technology for Pakistan. The petroleum industry is capital intensive and...

Pakistani textiles - problems and prospects.(Industry Overview)
April 1, 1995... The silver fibre commonly called cotton still remains as the leading textile fibre in the world. For centuries it has been a dominating companion of world civilizations. It has clothed nations and promoted internal as well as international trade...

World Trade Organisation and Pakistan.
April 1, 1995... World Trade Organisation (WTO) came into being on January 1, 1995 after several years of negotiations under Uruguay Round of talks for freer trade. Under the new trade accord, which was signed in Morocco last April and went into force on January...

Engro Chemical Pakistan Ltd. - urea production more than doubles.(Company Profile)
April 1, 1995... Market share of Engro Chemical has shown an excellent increase during the year ending December 1994. The Government's policy decisions to deregulate the fertilizer industry and to offer incentives to expand domestic manufacturing capacity have...

Shell Pakistan Limited.
April 1, 1995... Shell International Petroleum Company (SHELL) became the majority shareholder of Pakistan Burmah Shell in February 1993 and Shell Pakistan Limited was born. It has a share holding of 51 per cent, with the balance 49 per cent held by Pakistani...

Heavy turnover of shares. (stock market in Pakistan)
April 1, 1995... The downward trend of stock market was resisted. However, the General Index improving slightly to 204.04, on March 3, took and further to 210.79 on April 4, 1995. The market was largely affected by the forthcoming visit of Benazir bhutto to US....