Economic Review articles from February 2008

Economic Review archives from February 2008

Right time for implementation of crop insurance.
February 1, 2008... I congratulate Business Recorder of February 15 for writing an editorial high-lighting the directive issued by the Governor of State Bank of Pakistan, Dr. Shamshad Akhtar, while chairing the mid-term review meeting of Agricultural Credit...

Growth and investment.
February 1, 2008... Pakistan's economy continues to maintain its strong growth momentum for the fifth year in a row in the fiscal year 2006-07. With economic growth at 7.0 percent in the current fiscal year, Pakistan's economy has grown at an average rate of...

Takaful insurance business.
February 1, 2008... The astonishing results of the underestimated Islamic Banking in Pakistan have compelled the decision makers of normal interest based banks to dedicate at least one of their branches as Islamic Bank. With such a wide spread appreciation from...

Fire & Marine Takaful: needs and policies.
February 1, 2008... Fire Takaful The need for Fire Takaful Ever since the dawn of time Man has used fire as a tool to survive in any climate. Fire became Man's best friend and eventually he learned, fire was also his worst enemy. Marvelous cities, forests...

Takaful can greatly help in reducing poverty.
February 1, 2008... Takaful is an Islamic alternative to the conventional insurance. The word 'Takaful' has been derived from the Arabic verb 'Kafala' which is also referred to as 'Kafalat' in Urdu language, it means to guarantee, to help, to take care of one...

60 years of Pakistan insurance industry.(Company overview)
February 1, 2008... Non-Life insurance in Pakistan has taken giant strides during the last 60 years. At the time of establishment of Pakistan, no insurance facility, as such, was available in the country because Pakistan's inheritance of insurance, like other...

Economical development in the country.(pakistan)
February 1, 2008... Pakistan is third fastest growing economy in the region for the past few years, with population of almost 165 million tough, diligent, and hardworking people. The Pakistan labor force has a reputation of being one of the hardest working forces...

Who's who in insurance industry of Pakistan: the following pages include life sketches of chairmen, managing directors and executives responsible for managing the affairs of top rated companies in Pakistan.
February 1, 2008... Mr. Saifuddin N. Zoomkawala is the Chief Executive Officer and the Managing Director of EFU General Insurance Co. Ltd. He did his MBA from IB A. In 1964 after his graduation in Business Administration he joined EFU and worked in various...

UBL Insurers Limited.(COMPANY PROFILE)(Company overview)(Brief article)
February 1, 2008... UBL Insurers Limited is an associated company of UNITED BANK LTD. It is jointly owned by United Bank Limited (UBL) and the Bank's sponsors, the Abu Dhabi Group and Bestway Group. UBL Insurers has been licensed to transact general insurance...

Takaful Pakistan Limited.(COMPANY PROFILE)(Company overview)
February 1, 2008... Takaful Pakistan Limited was incorporated in June, 2006 with its registered head-office in Karachi. With authorised and paid-up capital of Rs.300 million, the Company is sponsored by reputable financial institutions both local and foreign. The...

The United Insurance Company of Pakistan Ltd.(COMPANY PROFILE)(Company overview)(Brief article)
February 1, 2008... While addressing the 48th Annual General Meeting of the United Insurance Company Limited., on March 28,2008, at Lahore, the Chairman and Chief Executive, Mian M. A. Shahid, high-lighted the salient features of the unprecedented growth of the...

EFU General Insurance Co. Ltd.(COMPANY PROFLE)(The Eastern Federal Union Insurance Company )(Company overview)
February 1, 2008... Introduction In the year 2007 the nation witness the globally and domestically economic slowdown, which also reflects on the EFU Group's premium, through facing these unpredictable conditions the preliminary figures indicates the Group's...

New Jubilee Insurance Company Limited.(COMPANY PROFILE)(Company overview)
February 1, 2008... Established in 1953, NJI is one of the most reputable and brightest name in the insurance sector. NJI ranks among the "Big Three" Pakistani insurers in terms of gross direct premium and financial base. Major shareholders include Aga Khan Fund...

Askari general insurance company Limited.(COMPANY PROFILE)(Company overview)
February 1, 2008... Vision The vision of the askari general insurance company Limited is to be amongst the leading insurance companies of the country with the clear perception of upholding t h principles of corporate governance and making Agico a profitable...

M. A. Chishti: a great defender of insurance industry of Pakistan.(PROFILE)
February 1, 2008... Mr. Mashkoor A. Chishti is a living insurance legend. He has devoted his entire life to the improvement and development of insurance industry from the day one when he entered this field in December, 1947. He is well known respected and liked by...

Bringing global market to your doorstep.(COMPANY PROFILE)(Pegasus Consultancy (Pvt.) Ltd.)(Company overview)
February 1, 2008... Pegasus Consultancy (Pvt.) Ltd, a part of Marine Group of Companies is the pioneering and leading conferences & exhibitions (C & E) organizer in Pakistan and has created an ideal blend of professionalism, creativity and dynamism within the...

Credit linked crop insurance.
February 1, 2008... Fear of risks in doing business with the powerful landed gentry is inhibiting private insurance companies to go in a big way for crop insurance. Nonetheless, the public sector National Insurance Company (NICL) has evolved three crop insurance...

Guidelines on horticulture financing.
February 1, 2008... Production and marketing of fruits, vegetables, floral crops and landscape plants is called horticulture industry. Horticulture plants requires tropical to temperate climatic conditions and Pakistan is blessed with wide range of agro-climatic...

Pakistan: economic outlook & perspectives.
February 1, 2008... The economy of Pakistan continues to perform well. This is commendable given the political noise in the country and the growing challenges in international economic and financial markets. 2000 onwards by and large world economy enjoyed a fairly...

News flash.(The Sui Northern Gas Pipeline Limited )(cement sector )(Fruit, vegetable exports )
February 1, 2008... SNGPL restores supply to 100 industries The Sui Northern Gas Pipeline Limited (SNGPL) has announced to restart supplying gas to 100 industries in the Punjab and the North West Frontier Province. "Since some improvements have taken place in...