Economic Review articles from August 1999

Economic Review archives from August 1999

Declining Foreign Investment.(Pakistan)
August 1, 1999... It is appalling that foreign investment during the current year has been reduced by 50 percent. Several companies have started closing operations in Pakistan. Johnson & Johnson is now closing their suture producing plant Ethicon is not breaking...

Change is Imminent.(Pakistan)
August 1, 1999... Nawaz Sharif is midway through his term. He made himself the most powerful Prime Minister in the country's history. He has fortified himself constitutionally by undoing infamous Article 58(2) B of the constitution that used to send packing...

Automobile Industry.(Pakistan)
August 1, 1999... The country's automobile industry is expecting an initial Foreign Direct Investment (FDI) of $200 million as at least four automakers are quering up to launch their products from Pakistan within the next one year. According to the sources at...

Fertilizer Industry.(Pakistan)(Statistical Data Included)
August 1, 1999... These statistics show that the import of fertilizer valuing $264.621 million in 1998-99 compared to $207.993 million in 1997-98. According to an official source, the country is not self-sufficient in the production of fertilizer and various...

PAKISTAN STEEL.(steel industry in Pakistan)
August 1, 1999... victim of benign neglect The young men of 1940s fervently believed that colonial rulers had kept their country backward and impoverished by wilfully denying it the fruits of modern science and technology. To them industrialization per se...

Textile Shuttleless Weaving Sector.(Pakistan)(Brief Article)(Statistical Data Included)
August 1, 1999... The Shuttleless Weaving Sector comprises of about 16,000 modem looms with a production capacity of about 1,700 million square meters of grey fabric and a value potential of about $1.2 billion. This includes about 61 Mills in the organized...

Leather and Leather Goods Industry in Pakistan.(statistics)(Statistical Data Included)
August 1, 1999... INTRODUCTION At the time of independence in 1947, there were only a few leather tanneries in Pakistan, which were operating on a small scale producing mostly sole leather. During 1950s, some well-equipped tanneries were set up at Karachi...

CHICKEN MEAT.(Be Be Jan Protein Farms in Pakistan)(Statistical Data Included)
August 1, 1999... A Protective Food Which Must be Safe-Guarded Against Contamination Pakistan, pre-dominantly, an agricultural country, is struggling to become self-sufficient in food. Despite its vast potential of water resources and its one of the biggest...

Profile of Popular Group of Industries.(Pakistan)
August 1, 1999... Ranipur Sugar Mills (Pvt.) Ltd. Ranipur The mill is situated at Ranipur, District Khairpur, Sindh consisting on 133.5 acres including main factory building with boundary wall, sugar godown, office building, mosque, cane yard, store, guest...

POLLY JUICES.(interview with Imamuddin Shouqeen, owner of several Pakistan factories)(Brief Article)(Interview)
August 1, 1999... Imamuddin Shouqeen Pioneer in Tetra Pack Juice Mr. Imamuddin Shouqeen is termed as prominent industrialist in Pakistan due to his serious endeavours in the promotion of various products in the country. He owns seven factories,...

Big Potential Exists in Fast Food Business.(Joozer Jiwakhan in Pakistan)(Brief Article)
August 1, 1999... Joozer Jiwakhan, Manager of Artal Group Q. At the very outset we admit that your progress in Pakistan is quite outstanding. In brief we can say that you came you saw and you conquered. Our question is have you anticipated this kind of...

Strategy for Development of Poultry Sector.(Statistical Data Included)
August 1, 1999... Global agricultural marketing is undergoing a dynamic shift and many developing countries are also now exporting their surplus. Food being basic necessity of living being, food security shall continue to be the major concern of developing...

Liquefied Petroleum Gas (LPG).(Pakistan)(Statistical Data Included)
August 1, 1999... INTRODUCTION The potential of Liquefied Petroleum Gas (LPG) is attracting increasing attention from developing countries with abundant oil and gas resources. As demand for LPG continues to grow, Qatar, Indonesia, Iraq and Iran among...

Opportunity in Petroleum Industry.(Pakistan)(Statistical Data Included)
August 1, 1999... INTRODUCTION The Government was hoping to have foreign investment to the tune of $1.5 million in the exploration sector in the current year. It is encouraging to note that the government has made drastic changes in the basic approach. The...

Performance of Public Sector Banks.(Habib Bank Ltd., National Bank of Pakistan, United Bank Ltd. (Pakistan))(Statistical Data Included)
August 1, 1999... * During the year under review the NBP showed more than 100% increase in pretax profit. This impressive performance was primarily a result of outstanding teamwork, effective and diligent cost controls, enhanced productivity, higher fee-based...

Local Commercial Banks.(Pakistan)
August 1, 1999... The fiscal year 1997-98 witnessed a much improved performance with higher growth and containment of inflation as well as improvement in the current account balance of payments, a series of events in the second half of the year prevented the...

Industrial Development Bank of Pakistan.
August 1, 1999... IDBP was established through special statute of the Government of Pakistan in 1961, with the primary objective of extending term finance for investment in the manufacturing sector of the economy. Over the years, however, the Bank has emerged as...

FEDERAL BUDGET: An Accountant's Approach.(Ishaq Dar, Pakistan's finance minister)(Statistical Data Included)
August 1, 1999... Ishaq Dar has said that no cut will be made from Rs.116 billion allocation for Public Sector Development Programme. But the critical question is: Will be abide by his assertion? If the assumptions on which it is based such as growth rate of 5...

NDFC - A PIONEERING DEVELOPMENT FINANCE INSTITUTION.(National Development Finance Corp.)(Statistical Data Included)
August 1, 1999... Muhammad Bilal Sheikh, Chairman - NDFC Q. Why was NDFC set-up when there were other DFIs like PICIC and IDBP already financing industrial projects? A. You may be aware that during the early 70s when NDFC was established, the era was...

UBL - Non-Performing Loans on the Decline.(interview with Ameer Karachiwala, chief of staff, United Bank Ltd. (Pakistan))(Brief Article)(Interview)
August 1, 1999... Ameer Karachiwala, Chief of Staff United Bank Limited Q. What is the stumbling block in way of UBL's Privatisation? A. Privatisation of UBL is very much on the cards. We are trying to make the bank a financially viable and profitable...

First Women Bank.(interview with Akram Khatoon, president, First Women Bank)(Brief Article)(Interview)(Statistical Data Included)
August 1, 1999... Akram Khatoon, President First Women Bank Q. Why the privatisation of FWB is being delayed? A. The case of privatisation is still pending with the court, because the Dubai based Bin Ham Consortium, the successful bidder of 51 per cent...

Leaders in Industry.
August 1, 1999... The following pages include life sketches of leaders in industry who are contributing to the industrial growth of Pakistan. Miss Akram Khatoon (62) is the first President of First Women Bank Limited, Khatoon took over the charge FWB around...

The Largess Restaurant.(Brief Article)
August 1, 1999... Javeed Masood Ahmed Khan No doubt a man is born to enjoy the life in different ways. But, his enjoyment is based on his proper diet. Therefore, a person has to seek for a place where he can get it within easy reach. And, that is, of...

My Water in the New Millennium.(Brief Article)
August 1, 1999... Salman A. Siddiqui Water, the basic and foremost essential of life has been over the centuries, losing its purity and drinking quality. Even a common person can very safely state that it no more fit for human consumption, since it is a...

ICI in Pakistan - a history of continuous investment A manifestation of ICI's confidence in the future of the Country.(ICI Pakistan Limited)(Brief Article)
August 1, 1999... ICI Pakistan Limited, a leader in industrial chemicals and paints, manufactures and sells a diversified range of products including Polyester Staple Fibre, Soda Ash, Sodium Bicarbonate, Decorative, Refinish and Industrial Paints, Agrochemicals...

Energy.(Brief Article)
August 1, 1999... The potential of Liquefied Petroleum Gas (LPG) is attracting increasing attention from developing countries with abundant oil and gas resources. As demand for LPG continues to grow, Qatar, Indonesia, Iraq and Iran among nations which have...

Banking & Finance.(Brief Article)
August 1, 1999... The subsequent move to liquidate the foreign currency deposits liability, which accounted for a large share of deposits in the banking industry, escalated the cost of deposits in the banking system. After the same time, lack of suitably secure...