Economic Review articles from April 1 2001

Economic Review archives from April 1 2001

Nawaz Sharif on Trial.(Brief Article)
April 1, 2001... The trial is likely to hang on for quite few months as the appeal will go finally to the Supreme Court. Yet, this much is certain that the conviction has led to the political demise of Nawaz Sharif, who has been on the political arena for the...

Reflection of the Federal Budget 2000-2001.(Pakistan)
April 1, 2001... (For the fiscal year 2000-2001) Pre Budget View The budget season in Pakistan has already started as per usual routine i.e. from second quarter of the year (April to June), and the budget preparation is going on in full swing for its...

Outlook for the Forthcoming Budget.(Pakistan)(Statistical Data Included)
April 1, 2001... The forthcoming fiscal year (2000-2001) will be the acid test for the present regime as the impact of new measures taken in the budget and various steps taken since last October will have been visible by June 2001. The achievements of the...

Fixation of Tobacco Prices.(Brief Article)
April 1, 2001... Under sub-section(1) of Section 8 of the Pakistan Tobacco Board Ordinance, 1968 (reproduced below), minimum prices are fixed and notified by the Federal Government for various types! grades of tobacco in the country. "8 Fixation of Prices:...

A Case Study of First Women Bank Limited (FWBL).(Company Profile)
April 1, 2001... ABSTRACT This paper addresses the main issue of Advances and Innovative Schemes for Women in Pakistan; the First Women Bank Limited has been focused. This paper makes use of the primary data, existing literature on the subject, and the...

Impact of Smuggling on Sewing Machine Trade and Industry.(Industry Overview)
April 1, 2001... In our country engineering industry also acts as a catalyst to both the industrial and social aspects of the development. To date, very little has been known in Pakistan about the development of the sewing machine industry, because it had...

Impact of Profit Sharing on Productivity.
April 1, 2001... INTRODUCTION There are various reward systems by which employees or workers earn money and benefits for performing some specific job, which they performed on the basis of some technical know how, training, experience and sheer physical...

AUTOMOBILE INDUSTRY IN PAKISTAN.(Industry Overview)(Statistical Data Included)
April 1, 2001... The industry is coming out of slump and during the year 1998-99, the production of all kinds of vehicles increased 9 per cent due to abolition of Capital Value Tax (CVT) rationlisation of duty structure and sufficient liquidity which led to...

Automotive Parts Industry.(Pakistan)(Industry Overview)(Statistical Data Included)
April 1, 2001... INTRODUCTION There has been a rapid pace of increase in the number of all types of automotive vehicles in Pakistan and it is estimated that average growth in the number of vehicles on the road during the past 10 years, has been to the...

Automobile industry: Problems and Constraints.
April 1, 2001... The market conditions for truck and bus industry have deteriorated during the past few years to a seemingly irreparable extent. The capital and operational cost of commercial vehicles has increased to an alarming limit while the revenue did not...

Problems/Impediments Hindering the Growth of the Industry.(Brief Article)
April 1, 2001... There are numerous problems and bottlenecks, which always hamper the growth of the Automotive Engineering Sector in the country. Most of the factors affecting the positive growth of the Industrial Sector originate from the Government Policies,...

Revival of the Country's Economy and The Master Industrial Plan.(Brief Article)
April 1, 2001... I am availing this opportunity to share our views to reinforce national efforts for the revival of the country's economic activities and the confidence of the investors. The present Government set-up has inherited a massive task for...

Exhibition of Automobile Industry in PAPS-2000.
April 1, 2001... Although the journey of automobile industry in Pakistan was started by Army Division, Chief Inspector of Vehicles in Chaklala Rebuild Factories, M/s National Motors started manufacturing Bedford Trucks in 1960. Since then auto parts vendor...

New Profile After Certification of ISO-9002.
April 1, 2001... CMC has entered the first year millennium 2000 with Certification of ISO-9002 among the row of few companies certified. It became possible only due to the commitments and team work of the entire work force of CMC. CMC was registered as a...

Sui Southern Gas Company Limited.(Brief Article)(Statistical Data Included)
April 1, 2001... Sul Southern Gas Co. Ltd. is a public limited and is listed on the all three Stock Exchanges in Pakistan. The SSGC is engaged in the following activities. * Purification of natural gas ex-Sui-Field and its transmission along with gas from...

Sui Northern Gas Pipelines Limited.(Brief Article)(Statistical Data Included)
April 1, 2001... The profit before taxation is Rs.810.708 million which shows an increase of Rs.97.624 million (13.69 per cent) over the previous year. The improvement in profitability has been due to enforcement of financial discipline and better resource...

LETTERS.
April 1, 2001... Privatisation of OGDC The Minister for Privatisation referred to the initial report from Merril Lynch, the financial advisers, wherein it has been pointed out that the sale of OGDCL in one go will maximize the sale proceeds on March 29....

Coping with Rising Unemployment.
April 1, 2001... The government has no blueprint to flight urban unemployment barring a few institutions like Klhushali Bank, Small Business Finance Corporation and Youth Investment Promotion Society advancing loans. But these facilities pale before the nagging...

Forthcoming Budget and IMF.
April 1, 2001... INTRODUCTION A layman asked an economist; "What is budget"? The economist replied: "It is a statement of the financial position of a sovereign body fora definite period of time based on estimates of expenditures during the period of...

Development of Oil and Gas Sector.
April 1, 2001... On December 15, 1999 General Pervez Musharraf outlined eight-point strategy on oil and gas sector one of the four sectors (the other three being agriculture, small and medium industries and information technology) identified as priority areas...

Oil and Gas Exploration and Production in Pakistan - an overview.
April 1, 2001... To review exploration, the Government of Pakistan (GoP) created Oil and Gas Development Corporation (OGDC) in 1961 under the Ministry of Petroleum and Natural Resources. In its early period, the corporation was equipped with Russian...

Gas Price to Rise Every 6-Months.
April 1, 2001... The natural gas price are estimated to increase by upto 300 per cent for domestic consumers. Two major reasons: i) the proposed dismantling of Gas Wellhead Price Agreement (GPA) of the Pakistan Petroleum Limited (PPL) and ii)...

Switching from Petrol to CNG: - Need of the hour.
April 1, 2001... To advocate the promotion of the Compressed Natural Gas (CNG), Sindh government has already decided to install CNG kits in governmentvehicles. In the first phase, the work is supposed to be started from Karachi. For the purpose, Governor ...

Need for Trained Workers.
April 1, 2001... The growth of CNG has remained quite exemplary during the last few years, but the availability of trained and skill manpower is still-scarce as the work in continuing on rail and error basis. Trained and qualified CNG manpower is hard to come...

Sky-Rocking Prices of Gas Kit.
April 1, 2001... Despite government policy to promote the use of Compressed Natural Gas (CNG) in vehicles the prices of CNG kit is still skyrocketing a survey showed. At present CNG kits are selling at Rs.25,000 to 27,000 which earlier carried a waiting period...

Pakistan to Seek Investment in Oil and Gas Sector.
April 1, 2001... Pakistan is arranging two high-profile conferences in London and Houston (US) in June to seek investment in oil and gas sector. The government is expected to announce its new energy policy and incentive-oriented onshore petroleum policy at...

Petroleum and Natural Resources.
April 1, 2001... Our basins are known to be hydrocarbon-rich and, according to one estimate, resource potential of Pakistan is 200 trillion cubic feet of gas and 40 billion barrels of oil. We have so far been able to find only a small part of these resource and...

Pakistan may Import 8.2 MT Diesel by Year 2009.
April 1, 2001... The refinery is definitely not enough to meet domestic diesel demand ", said an official at the oil ministry. "Last year we imported about five million tonnes of high speed diesel. PARCO produces only about 1.6 million tonnes of high speed...

II OPEC Summit Held in Caracas.
April 1, 2001... - Fund Director - General Delivers Lecture on OPEC Aid Convened at the invitation of Venezuelan President, HE Hugo Chavez Frias, the Second Summit of Heads of State and Government of OPEC member Countries took place in the Bolivarian...

Major Snippets.
April 1, 2001... US Interest Rate Cut For the fourth time in four months, US Federal Reserve cut interest rate on April 18 by 0.5 percentage point, making the cumulative reduction to 2 percentage points since January when the rate was slashed twice...

STATISTICAL APPENDIX.
April 1, 2001... In this section, a series of tables on oil and gas production, import and consumption have been compiled from Pakistan Energy Yearbook-2000, prepared by Hydrocarbon Development Institute of Pakistan, Ministry of Petroleum and Natural Resources,...

Who's Who in Oil and Gas Sector in Pakistan.
April 1, 2001... Mr. Shahbaz joined Burmah Shell in 1953 and held various Management positions till 1967. In January, 1978 he took over as General Manager and Chief Executive of Pakistan Burmah Shell/Shell Pakistan Ltd. which appointment he relinquished in...

Pakistan Petroleum Limited.
April 1, 2001... Pakistan Petroleum Limited (PPL) was incorporated in Pakistan in 1950 with the main objectives of conducting exploration, prospects, development and production of oil and natural gas resources. The activities of the company, with effect from...

Malaysian Company to Start Drilling 4 New Wells Recently.
April 1, 2001... Petronas Carigali (Pakistan) Ltd., a Malaysian company working in oil and gas exploration activities in Pakistan since 1996, will start drilling of four new wells in Sindh and Balochistan by the end of April 2001. This was stated by the...

Pakistan Boosts its Natural Gas Production.
April 1, 2001... Pakistan is poised to become the 5th largest natural gas producer in the world, possibly during the next couple of years, after it puts into stream all the known and proven recoverable reserves though it needs massive capital investment. ...

National Refinery Limited: - a major factor in oil products market.
April 1, 2001... National Refinery Limited (NRL), the premier oil refining company in the country, commenced production as a small capacity lubricant base of oils and asphalts production refinery. The Lube Oil Refinery installed in 1966, had a nameplate...

Sui Northern Gas Pipelines Limited (SNGPL).
April 1, 2001... SNGPL is one of the prime privatisation plays, with its LPG business proposed to be separately sold before the end of the year 2001. Sixty per cent of the total stock in the company is held byhe Government of Pakistan, While the balance 40 per...

Bears on the Rampage.
April 1, 2001... Stock market during March was rampage by bears as the KSE 100 index plunged 108.62 points or by 7.6 per cent, while aggregate market capitalisation fell by Rs.30.8 billion or by 8.5 percent. Equities hit nine-month low as the slide aggregated...

Towel Loom Unit.
April 1, 2001... Talib Brothers, a Pakistani towel looms manufacturing unit, has entered into an agreement with a Korean company for the establishment of shuttleless towel looms in Faisalabad. Talib Brothers Chief Executive Mian Talib Hussain said that we are...

Kohat Tunnel.
April 1, 2001... Kohat Tunnel: A memorandum for providing financial assistance by Japan for Kohat Tunnel Project was signed between Review Mission of Japan Bank for International Cooperation (JBIC) and National HighwayAuthority (NHA). Kohat Tunnel is part of...

Rupee Continues to Fall.
April 1, 2001... March witnessed sagging rupee visa-vis US dollar barring a pittance of gain on March 12 in the inter-bank market. The fall during the month was 53 paisa both for buying and selling or by 0.9 per cent, licking a new low of Rs.60.86 (buying) and...