Economic Review articles from June 1999

Economic Review archives from June 1999

LETTER TO THE EDITOR.(Brief Article)
June 1, 1999... Tackling the Problems of Karachi It is really ironic that a city of Karachi's size lacks most, elementary services like bus depots, parking lots, public urinals, libraries, reading rooms, even graveyards. This is in addition to the...

Problems of Pakistan Petroleum Industry.
June 1, 1999... Petroleum Industry in Pakistan has been faced with several problems. It will be seen that oil production has not only been stagnant but it has shown a declining trend despite the fact that several packages of incentives were announced. No new...

Dismal Picture of the Economy.(Economic Survey 1998-99)(Brief Article)(Statistical Data Included)
June 1, 1999... According to the recent survey, the fiscal situation is under control. The CBR collected about Rs. 230 billion during the first ten months of the current year which is 74% of the revised annual target of Rs. 310 billion and 2 per cent higher...

Back Breaking Burden of Taxes on the Tax Payers.(Pakistan tax policy)(Brief Article)(Statistical Data Included)
June 1, 1999... The salaried class has been fur the burdened through taxing of perquisites at enhanced rates thereby further aggravating their misery. Further, the proposal to increase the slab rates of income tax from 20% to 35% is a complete reversal of the...

New Tax Proposals.(Pakistan)
June 1, 1999... The government also intends to constitute a task force to examine the possibility of introducing one window approach and unify all labour related laws. This is a good idea but the provinces already feel choked in matters of financial autonomy....

Highlights of Taxation Proposals.(Pakistan)
June 1, 1999... The following are highlights of taxation measures: Direct Taxes: * Universal Self-Assessment scheme applicable to all persons including companies. * Incentives for Prime Minister's Programme for Economic Revival (Housing Sector)....

The Budget - 1999-2000.(Pakistan)
June 1, 1999... Nevertheless, the true picture of the budget can only be reflected after a careful study of the notifications accompanied with the Finance Bill as it is camonflaged plethora of SROs. while lie Pakistan's economy needs better management, reform,...

A Vision of Budget 1999-2000.(Pakistan)
June 1, 1999... The 1999-2000 budget has a total outlay of Rs. 642.2 billion which is 5.9 per cent more than the previous year budgetary estimates and 12 per cent higher than the 1998-99 revised estimates. The people would pay Rs. 65 billion more as taxes next...

Commercial Versus National Accounts.(Pakistan's economy)
June 1, 1999... A nation's economy has many dimensions and is a Complex organisation where transactions and operations take place according to the structure of the economic system. These economic transactions relate to the production, consumption, distribution...

Export Earnings Instability in Pakistan.(Statistical Data Included)
June 1, 1999... Among the many problems besetting international economics relations, the instability of exports of developing countries has always been a major topic of analysis and discussion. Developing countries in fact, insist on identifying exports...

Role of Information Technology in the Economic Development of Pakistan.
June 1, 1999... Needless to mention that we are in groaning need of foreign exchange to cater to our many needs. At the moment our foreign exchange reserves have not yet crossed the limit of even $2 billion and that too, is due to a number of debts and loans...

Investment Banking - an overview.(Pakistan)
June 1, 1999... Investment Banking in Pakistan is a relatively new concept which was introduced in the 1987-88 federal budget. The Government's concentration on the liberalisation of the economy and emphasis on macro-economic stability highlighted the need for...

ORIX Investment Bank Pakistan Limited (OIBP).
June 1, 1999... ORIX Investment Dank Pakistan Limited (OIBP) was incorporated as a public limited company in Pakistan under the name of ORIX Investment Finance Company Pakistan Limited in July 1995. The Company is licensed to carry out investment finance...

Marketing Challenges in the 21st Century.
June 1, 1999... Marketing grows even more complex; it is an ever-evolving discipline. It builds on past while taking advantage of new opportunities. Each new challenge demands a firm grasp of what has happened before, a clear picture of the present situation,...

Tinplate Plant and Its uses with Reference to Canning Industry.
June 1, 1999... Tin is one of the world's most ancient metals when and where it was discovered is uncertain but evidence points to tin being used in 3200-3600 BC. The Romans used tinned copper vessels, but tinned iron vessels did not appear until the...

Countdown to 7 Billion Population.(Statistical Data Included)
June 1, 1999... "This year, world population will reach 6 billion and begin its fast ascent to 7 billion -- a number that may be reached in record time," according to Carl Haub, co-author with Diana Cornelius of the 1999 World Population Data Sheet. This...

ADB Suspended Loaning Programme.
June 1, 1999... AGRICULTURE The Agricultural Development Bank of Pakistan has suddenly suspended its loaning programme due to acute liquidity constraints, putting a brake on the Prime Minister's National Agenda to supply 30,000 tractors to the farmers out...

Downturn Again.(Brief Article)
June 1, 1999... The stock market has again taken a downturn and the KSE index as on June 16, stood at 1040.41 as compared to 1218,66 as on May 17. 1999. Aggregate market capitalisation stood at Rs.304.251 billion showing a reduction of Rs.22.775 billion as...

Dividend Announcements.
June 1, 1999... Dividend Announcements Divi- Bonus/ dend Right Book Companies (%) (%) Closing Adamjce Insurance 15 10B 31.05.99 Central Insurance ...

Top Ten Companies According to the Turnover in May - 1999.
June 1, 1999... Top Ten Companies According to the Turnover in May - 1999 Name of Companies Total Turnover Highest Lowest PTCL 'A' 1,164,841,000 29.45 24.80 Hub Power Co. 1,070,429,700 ...

Chakwal Group.(Brief Article)
June 1, 1999... Chakwal Group of Industries has been given back the control of Dandot Cement by an arbitration commission appointed by Justice Malik Mohammad Qayyum of the Lahore High Court. The cement producing unit had gone into grinding halt when the...

FCSC Declares.
June 1, 1999... First Capital Securities Corporation (FCSC) has announced a l0 per cent cash dividend and 12.5% bonus shares for this year. The FCSC took a healthy alternative in adopting a diversification strategy. It took the initiative of coming into the...

UTP Earns.(Brief Article)(Statistical Data Included)
June 1, 1999... The income for the year of Unit Trust of Pakistan (UTP) ended on June 30, 1999 was Rs.48,611 million. This works out to an income of Rs.685 per unit. During the year under review, 6,130 units with a value of Rs.33,214 million were sold, and...

ORIX Leasing.
June 1, 1999... ORIX Leasing Pakistan Limited, a leading leasing company of the country, increased its volume of lease disbursements by 21 per cent during the half yearly closing period 1998, a senior executive of the company said. The increase in...

Vital Statistics at a Glance.
June 1, 1999... Vital Statistics at a Glance May April Companies Listed on KSE (Nos.) 769 770 Paid-up Capital (Rs. billion) 214,264 213.948 Aggregate Market...