Economic Review articles from July 1997

Economic Review archives from July 1997

Points to ponder. (Pakistan economy)(Industrial Pakistan 1997)
July 1, 1997... Benazir's message is loud and clear "join them if you can't beat them" that is what her national government of consensus means. Twice being as prime minister and intercepted half-way on both occasions, she might have come to conclusion that a...

Aimal Kansi. (arrested by the FBI for his alleged part in the murder of two CIA employees)(Industrial Pakistan 1997)
July 1, 1997... His arrest made the national sovereignty questionable The fact that Mir Aimal Kansi, a Baluch from Quetta, was arrested by US FBI from the territory of Pakistan and extradited to USA does not make a happy news, particularly when we come to know...

D-8: a new international group comes to surface. (trade cooperation between eight Muslim states)(Industrial Pakistan 1997)
July 1, 1997... In an old Ottoman palace in Istanbul on the northern shores of Bosphorus, heads of State or government of the eight Muslim nations, hosted on June 22, 1997 by the head of Turkish President Suleyman Demirel sat together and chalked out a programme...

An appraisal of new trade policy.(Industrial Pakistan 1997)
July 1, 1997... The cardinal feature of the new trade policy is in sync with the supply side strategy adopted by Nawaz Sharif government while announcing economic policy package in March and budget in June. Whether this strategy works remains to be seen as...

State of the economy.(Industrial Pakistan 1997)
July 1, 1997... The year 1996-97 has witnessed important interactive political and economic changes which have influenced the course of the economy in its management and performance. Two changes of government took place. After the dismissal of incumbent...

Investment climate in Pakistan.(Industrial Pakistan 1997)
July 1, 1997... It is pleasure and a privilege for me to speak to you today, on a subject which is indeed vital from our national point of view and is the focal point of Government's policy, intent and objective. The investment climate of Pakistan today and...

Is Pakistan going to plan the economy?(Industrial Pakistan 1997)
July 1, 1997... Pakistan is at an interesting stage in its economic development. Having experimented with a state controlled planned economy, a decision has been taken to introduce private capital into infrastructure development. This decision was driven by...

Banking, finance & leasing in Pakistan - prospects & development.(Industrial Pakistan 1997: Investment)
July 1, 1997... - Prospects & Development The steps of the Government of Pakistan to accelerate the pace of investment, ensure transfer of technology create additional employment opportunities in the country and the best of all to de-regulate the economy,...

Foreign banks.(Industrial Pakistan 1997: Banking & Finance)
July 1, 1997... There were 20 foreign banks in Pakistan after the inclusion of three new foreign banks viz. Bank of Ceylon, Oman International Bankand Trust Bank Limited which commenced their operation in Pakistan during 1995-96 as compared to 22 in the previous...

Commercial banks.(Industrial Pakistan 1997: Banking & Finance)
July 1, 1997... The total deposits of 14 local commercial banks on KSE stood at Rs. 202.011 billion as compared to Rs. 163.893 billion in the preceding year, registering a growth of 23.26%. There were 14 commercial banks on the list of Karachi Stock Exchange...

Investment banks.(Industrial Pakistan 1997: Banking & Finance)
July 1, 1997... The total Paid-up capital of 14 Investment Banks stood at Rs.31.53. billion and Reserves and surplus stood at Rs. 2.346. billion in 1996. General Break-up Value per share of Rs. 10/-stood at Rs. 14.27. While overall business conditions remained...

Escorts Investment Bank Limited.(Industrial Pakistan 1997: Banking & Finance)
July 1, 1997... The Escorts Group was established in 1962 at Lahore with a primary interest in the energy sector. Over the past 36 years, Escorts Group has developed into a large business concern with capital projects including: Electrical equipment...

Use of gas for power generation - a wise step.(Industrial Pakistan 1997: Energy)
July 1, 1997... a wise step The bold and rational decision made by the ECC on Tuesday, July 22, 1997, to use natural gas for power generation has been long in coming while we continued to develop our thermal power station based on imports of fuel oil for the...

Siemens in Pakistan.(Industrial Pakistan 1997: Energy)
July 1, 1997... In Pakistan, Siemens' sphere of activities covers the major fields of Power Engineering, Telecommunication Engineering, Medical Engineering and Rail Transportation Systems Engineering. A large manufacturing complex at Karachi, managed entirely by...

Alcom International.(Industrial Pakistan 1997: Energy)
July 1, 1997... Alcom International is a familiar name in the country specializing in supply of oil and gas materials. Alcom is poised to launch a US$10 million pipeline plant shortly which will produce small diameter pipes, ranging between 1 [inches] to 4...

Artal Group. (Artal Group from Belgium)(Industrial Pakistan 1997: Industrial Groups)
July 1, 1997... The Artal Group from Belgium, is a large, multibillion dollar food company with diversified operations all over the world. In Europe, Artal is a leading bread and bakery company through its fully owned subsidiary EUROBAKE, which is Europe's...

Army Welfare Trust.(Industrial Pakistan 1997: Industrial Groups)
July 1, 1997... Army Welfare Trust is active in several fields including cement, sugar, leather, rice, power, lubricants, banking, leasing and insurance. Recently it has joined hands with Accor of France to set up hotels in various cities of Pakistan. After...

Fauji Foundation.(Industrial Pakistan 1997: Industrial Groups)
July 1, 1997... At the height of Second World War, the then Government of India was seized with the likely problems which were to be faced due to demobilization, once the World War ended. To cope with that situation, it was decided in 1942 to create a fund...

Shaheen Foundation.(Industrial Pakistan 1997: Industrial Groups)
July 1, 1997... Shaheen Foundation PAF was established in 1977 under the Charitable Endowments Act 1890, essentially to promote welfare activities for benefit of PAF personnel and their dependents by generating funds through industrial and commercial ventures....

House of Habib.(Industrial Pakistan 1997: Industrial Groups)
July 1, 1997... The House of Habib is the heir to a rich tradition of commerce, banking and insurance dating back to 1841. The name "House of Habib" identifies the business activities of the Mohammedali Habib family. A man of vision and exceptional leadership,...

Performance of manufacturing sector and new trends.(Industrial Pakistan 1997: Industry)(Industry Overview)
July 1, 1997... Large-scale manufacturing was projected to grow by 6.5 per cent during 1996-97. Based on the 8 months output date of 96 important items having a weight of 73.7 per cent in large-scale manufacturing sector, the Index of Industrial Production (IIP)...

New energy policy.(Industrial Pakistan 1997: Industry)
July 1, 1997... The government has decided to replace bulk tariff earlier offered to the private investors in power sector with competitive bidding, inviting them to build facility on solicited site. The last policy framework and package of incentives for...

Engineering industry.(Industrial Pakistan 1997: Industry)(Industry Overview)
July 1, 1997... It is estimated that production of engineering goods in terms of value amounted to more than Rs.200 billion, with average annual growth rate around 10 per cent. Total fixed assets in the engineering sector is estimated to be around Rs. 125...

Motorcycle industry.(Industrial Pakistan 1997: Industry)(Industry Overview)
July 1, 1997... Present demand of motorcycles/scooters is met through supply made available under local production plus import of complete built up motorcycle as local production cannot meet entire present demand of motorcycle. At present there are nine assembly...

Automobile industry: urgent need to revamp policy measures.(Industrial Pakistan 1997: Industry)(Industry Overview)
July 1, 1997... A major, even basic factor that has impeded the development progress of the automobile industry in Pakistan has been the lack of a well structured and long-term policy for the industry. From the decade of the 1950s to the decade of the 1990s,...

Cement industry.(Industrial Pakistan 1997: Industry)(Industry Overview)
July 1, 1997... At present 23 cement units (Punjab 9, Sindh 9, NWFP 3, Balochistan 1 and Islamabad 1) having installed capacity of 12,087 thousand tonnes are operating in the country. Out of these 23 units 4 units with an installed capacity of 1.860 tonnes are...

New incentives for shipping industry.(Industrial Pakistan 1997: Industry)
July 1, 1997... A new shipping policy is in the offing: Under this policy shipping may be declared an industry. A new set of incentives is being offered to the shipping industry. These incentives include setting up of a Maritime Commercial Bank and offering a...

The role of Ghandhara Nissan in the development of transport industry.(Industrial Pakistan 1997: Industry)
July 1, 1997... The role of Ghandhara Nissan in the development of transport industry. Right on the top of Pakistan's Automotive Market are Ghandhara Nissan Diesel Ltd. The reason is their corporate philosophy-they provide their customers with the best of...

Quantum jump in the index. (stock market)(Industrial Pakistan 1997)
July 1, 1997... There was an upswing in the stock market showing a quantum jump in the KSE index from 1605.00 on June 16, 1997 to 1786.05 on July 14, 1997, a gain of 181.05 points. Aggregate market value also showed a rise of 51.023 billion on July 15,1997...