Economic Review articles from May 1997

Economic Review archives from May 1997

Tough time ahead. (Pakistan's economic challenges)
May 1, 1997... Though there is lull on political front with no potential challenger in sight, Nawaz Sharif government is facing formidable economic challenges amidst incidences of growing sectarian violence in Punjab, rampant killings, dacoities, water and...

Rupee devaluation. (Pakistani currency)
May 1, 1997... The establishment of WTO has proved to be fatal for our exports in the form of anti-dumping duties have surfaced against Pakistan's exports of textiles including cotton yarn. About two years ago Japan restricted its imports of cooton yarn from...

Inder Kumar Gujral - India's twelfth prime minister.
May 1, 1997... Inder Kumar Gujral assumed the office of the leader of the centre-left coalition government of India on April 21, 1997. He is the twelfth chief of the Indian government replacing the ten-month old United Front coalition government of H.D. Deve...

Labour Party recaptures the government after 18 years. (British politics)
May 1, 1997... Labour Party, under the aegis of its new leader Tony Blair, has been voted to power in England with an absolute majority, by capturing 419 seats out of 659, and thus ousted conservative party that was occupying the government for the last...

Power generation.(Power Generation and Transmission in Pakistan)
May 1, 1997... Power is a commodity just like cotton, wheat or rice and can earn foreign exchange to the tune of $2.0 billion per annum at present. Despite massive investment in the power sector, Pakistan is faced with a highly disturbing electric power...

Power generation development in Pakistan(Power Generation and Transmission in Pakistan)
May 1, 1997... Pakistan, attaining the age of 50 years on 14th August, as such celebrating '1997 A.D'. as the Golden Jubilee year, has otherwise, a long history dating back to B.C. period of Mohenjodaro and Harappa Civilizations. This land takes pride in its...

Forecast of power demand.(Power Generation and Transmission in Pakistan)
May 1, 1997... The current per annum growth in demand is about 8.8%, while the supply is lagging behind at around 7.5%. Pakistan faces a shortage of over 2,000 MW during the dry spell when the two reservoirs at Mangla and Tarbela dams receive insufficient water...

Transmission infrastructure - private investment still an option for Pakistan?(Power Generation and Transmission in Pakistan)
May 1, 1997... The National Grid Company The National Grid Company (NGC) is the largest privately owned independent transmission company in the world and since its creation in 1990, has been seeking to invest in transmission infrastructure around the world,...

Hydel power projects. (hydroelectric power)(Power Generation and Transmission in Pakistan)
May 1, 1997... The hydel power policy was issued two years back but the model aggreement has not been designed. The NWFF government had even issued Letter of Support (LoS) to five companies but as there was no PPA, these projects are pending white millions of...

The security package of IPPs. (international power projects)(Power Generation and Transmission in Pakistan)
May 1, 1997... Power projects involve risks for all parties. The risks run amongst the host country governments, the utilities, fuel suppliers, contractors and most importantly, the lenders and the developers. The lenders are more satisfied with the government...

New power policy.(Power Generation and Transmission in Pakistan)
May 1, 1997... A new power policy is likely to be announced in July this year. It is believed that buyback average tariff is likely to be reduced from 6.5 cents per unit to 5.9 cents in the new power policy. The government however, had decided not to cancel...

Foreign investment in the energy sector of Pakistan.(Power Generation and Transmission in Pakistan)
May 1, 1997... The present government identified power generation among its top priorities has given attention to the creation of the essential pre-requisite to the development of the gigantic power generation capacity in the country. We are a power hungry...

Role of contractors/sub-contractors towards quality assurance.(Power Generation and Transmission in Pakistan)
May 1, 1997... An organization will survive only if it creates and retains satisfied customers and this can only be achieved if it offers services which respond to client's needs and expectations. Therefore, quality is determined by the extent to which a...

Hub Power Project.(Power Generation and Transmission in Pakistan)
May 1, 1997... Hub Power Project which is the largest private power investment in Asia with a total capacity of 1,292 MW has gone into full production in March 25 clays earlier than the target date. It is built on Hub River in Balochistan, province 80...

Engineering Kinetics (Pvt.) Ltd. - a well knit & coordinated site construction force.(Power Generation and Transmission in Pakistan)(Company Profile)
May 1, 1997... Engineering Kinetics (Pvt) Ltd. (EKL) was formed in 1982 to provide comprehensive on-site fabrication and erection/construction services to the power sector and other process industries. EKL has lived upto its promise and has accumulated an...

Siemens leaders in power generation.(Power Generation and Transmission in Pakistan)(Company Profile)
May 1, 1997... While Siemens Aktiengesellschaft (Siemens AG), with head office in Germany, holds a controlling 64 per cent stake in the Company, local partners have a combined 36 per cent share. Siemens AG have two joint ventures in the country with the...

Energy savings in lighting - the fastest & practical way for DSM. (Demand Side Management)(Power Generation and Transmission in Pakistan)
May 1, 1997... The power demand in the whole of Asia is expected to rise tremendously in the next two decades. If the Region's economic growth is to continue, the Asian Development Bank has estimated that an additional 300,000 MW will be required by the end of...

Power companies on KSE - 1996. (Karachi Stock Exchange)(Power Generation and Transmission in Pakistan)
May 1, 1997... At present there are 17 power companies on the list of Karachi Stock Exchange having a paid-up capital of Rs. 19.390 billion. The progress of listing was one company in 1992, two companies in 1993, four companies in 1994, five companies in 1995...

Karachi Shipyward: the first ISO 9002 certified public sector commercial organization. (Karachi Shipyard & Engineering Works Ltd)(Company Profile)
May 1, 1997... Introduction KSEW Karachi Shipyard & Engineering Works Ltd. (KSEW) is the first heavy engineering complex of the country. It started commercial production of ships and other allied works in 1957 as a public limited company with its entire...

GDP to grow 4.5 per cent. (Pakistan)
May 1, 1997... The actual GDP growth rate during the first ten months of current financial year has been estimated to be around 3 per cent with agriculture showing a growth rate of 4 per cent, small-scale manufacturing 6 per cent and service 4 per cent. The...

And now the sugar crisis! (Pakistan)
May 1, 1997... Hardly had the wheat crisis subsided, sugar imbroglio has been brewing. While presiding over the meeting of representatives of Pakistan Sugar Mills Association (PSMA) held at Islamabad on April 28, Minister of Food and Agriculture, Syeda Abida...

Vast potential for fish & fish products export. (Pakistan)
May 1, 1997... There is a growing awareness that better use of the world's renewable nature resources is a necessity, if the increasing numbers of the poor and hungry and to be reduced. By convening the World Conference on Fisheries Management and development...

EIA forecasts sharp rise in global energy demand. (US Energy Information Administration)
May 1, 1997... Global demand for energy is projected to rise 54 percent by 2015 from 1995 levels, according to the Energy Information Administration (EIA). in its annual International Energy Outlook 1997, EIA agency of the US department of energy, forecasts...

PM's agriculture package. (Pakistani Prime Minister Nawaz Sharif's agricultural policy)
May 1, 1997... AGRICULTURE: The government is hopeful that Agriculture Package would make Pakistan self-sufficient in food resources. However, it is felt that new wheat support price would just bring the farmers to the break-even position while the need was...

Uncertainty persists. (Pakistani stock market)
May 1, 1997... The stock market could not come out of its sluggish pace. The KSE index went down to 1538.82 in end April as compared to 1574.70 thus losing 35.88 points. Aggregate market value stood at Rs.475.228 billion showing a loss of Rs.40.962 billion...