Economic Review articles from August 1998

Economic Review archives from August 1998

Islamization agenda. (Pakistan)
August 1, 1998... Some legislators on the other side of the fence believe that under the proposed amendment, Prime Minister can issue directives to any functionary of the state including Army Chief and the Chief Justice of Pakistan. They can be taken to task in...

The new economic package. (Pakistan)
August 1, 1998... The turmoil prevailing in the Pakistan's economy reflects clear consequences of the poor economic policies so far adopted by the various governments including the present one is reshaping the economy meet the challenges. The adverse impact is...

A bleak picture of the economy at the 51st anniversary. (Pakistan)
August 1, 1998... All the efforts of the economic managers should be free from any political considerations and varied vested interests, directed at taking new initiatives and improving the quality of management and streamlining the tax-collection system, reduce...

Industrial sector in the doldrums. (Pakistan)
August 1, 1998... The sluggish performance of manufacturing sector merits urgent attention both by the government and entrepreneurs as it is the prime mover of growth. Exports, government revenues, employment and income all, in fact, depend upon the behaviour of...

Pakistan's industrial experience and future directions.
August 1, 1998... Pakistan's manufacturing sector is at the cross roads. The pursuit of import substitution industrial strategy has resulted in the growth rate exceeding 8 per cent of the manufacturing sector upto the Eighties but in the recent years. It has...

Economic package. (Pakistan)
August 1, 1998... Business leaders in general and exporters in particular welcomed economic package announced by Finance Minister Sartaj Aziz and were of strong opinion that if strictly followed it will definitely help boost country's exports and reduce imports....

Power policy. (Pakistan's energy policy)
August 1, 1998... The policy had made it mandatory for power companies to adhere to the State Bank's Prudential Regulations. It also called for removal or reform of Section 13 of 1947 Foreign Exchange Regulation Act to enable non-residents to purchase securities...

Challenges facing the banking system. (Pakistan)
August 1, 1998... Statements coming from senior government functionaries to use the converted rupees for purchasing government securities is further complicating the liquidity threat to bonds. The only alternative that banks have to counteract this haemorrhage is...

Marketing petroleum products in Pakistan.
August 1, 1998... Within the framework and environment created by the policies on oil and gas many industries operate, ranging from exploration and production in the upstream, through refining and importing of petroleum products, to the marketing of finished...

An introduction to Islamic food laws. (Pakistan)
August 1, 1998... According to a survey Islam is the world's second largest religion (Esposilo, 1984). The faithful of Islam Moslems (Muslims) stretch from the Indonesian Islands westward to the Atlas Mountains of Morocco. There are small numbers of members in...

Automobile industry in Pakistan.(Industry Overview)
August 1, 1998... The Economic Coordination Committee of the Cabinet (ECC) in January 1994 decided to reduce the duty on CKD units of 1000, 1300 and 1600cc from 40 per cent to 10 per cent, till June 1995 later reduced to 5 per cent. Under the package approved by...

Art silk industry in Pakistan.(Industry Overview)
August 1, 1998... The art silk fabrics have made rapid inroads into the field of textiles. This has been a world phenomenon of substituting natural raw materials by synthetic ones. Art Silk fabrics also enjoy the advantage of consumer preferences because of its...

Cement industry. (Pakistan)(Industry Overview)
August 1, 1998... With its 27 factories producing 14.68 million tonnes to 10.4 million tonnes in the north and 4.2 million tonnes in the south - it pays a heavy 45 per cent excise duty compared to 25 per cent in India and 10 per cent in the Philippines, Indonesia...

Cotton textile industry: an assessment. (Pakistan)(Industry Overview)
August 1, 1998... - an assessment Cotton Textile and Clothing Industry is the most important Industrial Sub-Sector. It is based on abundantly available raw cotton. It continues to be the largest industry and still commands the strongest comparative advantages...

Edible oil industry. (Pakistan)(Industry Overview)
August 1, 1998... The study suggests that wheat flour mill technologists should be asked to mix a specified quantity (about 10 per cent) of maize flour with that of wheat. This practice will have three advantages: the composition of wheat flour will surely be...

Many uses of cottonseed.
August 1, 1998... Cottonseed has huge potential as a cheap protein source in processed cheese, fresh cheese, ice cream, vegetables, soup, coconut, baby formulas, sausage, biscuit and macaroni. This evidence has been produced by the experts of the University of...

Food industry problems.(Industry Overview)
August 1, 1998... Wheat Wheat target for 1998-99 has been fixed at 22.3 million tonnes. However, Pakistan's food security may be at risk. A fungus known as yellow rust is threatening to overrun Punjab and Frontier and if not brought under control could lead to...

Pharmaceutical industry: total quality control management. (Pakistan)(Industry Overview)
August 1, 1998... The Drug Act of 1976 enacted the requirements of Good Manufacturing Practice as mandatory to be followed by Pharma Manufacturer. Perhaps, Pakistan was the first country in Asia where G.M.P. was made a Law in 1976 and implemented rigidly. The...

Software industry. (Pakistan)(Industry Overview)
August 1, 1998... The industry is basically handicapped because of the standards of education that are falling all the time. Elitism nurtured by the government policy towards the high paying vocation as computer engineering and application further compounds the...

Sugar industry in Pakistan.(Industry Overview)
August 1, 1998... Pakistan at present has 75 sugar mills with a cane crushing capacity of 300,000 tonnes per day (including beet adjusted to cane). These are capable of producing about 3,000,000 tonnes of sugar in a normal crushing season of 150 days and at...

Overview of tobacco crop 1998. (Pakistan)(Industry Overview)
August 1, 1998... Prior to 1968, the tobacco was cultivated in Pakistan, but its importance in the agricultural sector was nonsignificant due to inferior quality, low yield and inadequate return. The tobacco industry was then dependent on imported raw material on...

Tapping trading opportunities between Pakistan and China.
August 1, 1998... Pakistan is aspiring and poising for the next generation of high Performing Asian Economic by improved management of its resources it has a credible potential for an economic take off Pakistan is the 7th most populous country in the world behind...

Turbulence, turmoil and troubles of UBL. (Pakistan's United Bank Limited)
August 1, 1998... You are well aware of the turbulence, turmoil, and troubles UBL faced in the past. However, this was not always the case. United Bank was healthy and progressive and enjoyed an excellent image as a dynamic, customer oriented institution. After...

Private sector life insurance companies: an analysis.(Industry Overview)
August 1, 1998... - An Analysis In 1992 the Government of Pakistan opened up life insurance to the private sector, issuing licences to three Pakistani companies - EFU Life, Metropolitan Life and New Jubilee Life. The first two companies commenced business...

Engro Asahi Polymer & Chemicals (Pvt) Ltd.
August 1, 1998... Engro Chemical Pakistan Ltd., is Pakistan's second largest producer of urea fertilizer, with annual production capacity of 750,000 mt. It is presently implementing an expansion project to increase the annual capacity to 850,000 mt. Engro it also...

Tapal Energy Limited.
August 1, 1998... INTRODUCTION Tapal Energy Ltd. is an Independent Power Producer (IPP). It has been set-up as a special purpose company to build, own and operate a 126 MW thermal power plant to supply bulk electricity to KESC. Principal Features * The...

Slight improvement in equity values. (Pakistan's stock market)
August 1, 1998... General Index of share prices slightly improved from 920.49 on August 3 to 964.83 on August 17. Aggregate market capitalisation also improved from Rs.270.944 billion to Rs. 281.380 billion during the same period. Monthwise turnover of shares...