Economic Review articles from November 2003

Economic Review archives from November 2003

HBL privatisation.(Habib Bank Ltd.)(Editorial)
November 1, 2003... The Minister of Privatisation, Dr. Hafeez Shaikh, has aptly described the strategic sale of Habib Bank to the Aga Khan Fund for Economic Development as a milestone in the privatisation process. It should now set the ball rolling for other mega...

Customs and corporate reforms in SAARC.(Comment)(South Asian Association for Regional Cooperation)
November 1, 2003... A consultant from the SAARC secretariat currently visiting Pakistan was reportedly engaged in meetings and discussions with the various trade association in Karachi with the objective of promoting uniformity in the customs clearance procedures...

SBP annual report (2002-03)--an overview of prospects and executive summary.(State Bank of Pakistan)
November 1, 2003... OVERVIEW A strong surge in aggregate demand, sustained external account improvement, the resilience endowed by sound macroeconomic foundations and god fortune, contributed to a broad-based acceleration in Pakistan's economy during FY03,...

Problems of water resources in Pakistan.
November 1, 2003... On the institutional side, there is need to enhance delegation of powers and organisational capacities of the newly-created autonomous provincial irrigation and drainage authorities (PIDAs). The intended concepts including autonomy,...

Comprehensive analysis of Indian and Pakistan IT industry.(Industry Overview)
November 1, 2003... Objective of the Report The objective of this report is to measure the growth of IT industry in Pakistan and India, to calculate their contribution in the global market, to check out their policy measures, to point out their sound and weak...

Auto industry under WTO Regime.(World Trade Organization)
November 1, 2003... Auto Industry under WTO Regime simply implies as to how to protect our Automobile Manufacturing Industry including Parts Manufacturing after the elimination of Trade Related Investment Measures (TRIMS)? An question to which an appropriate reply...

Production & imports of Motor Vehicles in Pakistan.(Illustration)
November 1, 2003... Production & Imports of Motor Vehicles in Pakistan (Figure in '000' Numbers) Type of Vehicles 1996-97 1997-98 1998-99 1999-00 2000-01 PRODUCTION: Trucks 2,916 1,850 1,131 977 952...

Auto industry: --an overview.(Industry Overview)
November 1, 2003... Pakistan's automobile industry is a fast developing sector that needs no foreword or introduction. The swift expansion of the industry has been in large part due to the events of September 11th, which although it wrought mass havoc on world...

Auto industry on road to indigenisation.
November 1, 2003... Criticals and other interest groups have long criticized the auto industry on various fronts, most of which have been external and controllable factors, including unprecedented surge in demand through auto financing schemes from banks and...

Chest physicians criticise tobacco media campaign.
November 1, 2003... The Pakistan Chest Society has strongly criticised the recently launched campaign of a multinational tobacco company in the electronic and print media of the country. At a meeting of the society held in Karachi Dr. Mosavir Ansari, Chest...

History of Pakistan's auto industry.
November 1, 2003... GETTING THE WHEEL IN MOTION: 1949: Vauxhall Cars introduced by General Motors & Sales. Bedford Trucks introduced by General Motors & Sales. Ford Trucks introduced by Ali Automobiles. 1953: Exide battery started production. 1956:...

Market price of vehicles in Pakistan.(Illustration)
November 1, 2003... (Rs. in '000') Standard Fully A/C Brand Model Loaded Model SUZUKI-800cc: Mehran Plus 297,000 -- 346,000 Mehran Plus...

Supply and demand for cotton.(Industry Overview)
November 1, 2003... Pakistan needs to produce at least 15 million bales per annum of good quality cotton to fulfill the requirements of Textile Vision 2005. Despite some setback, the textile industry with enhanced capacity now consumes an all time record high of...

Roving process in Pakistan's textile industry.
November 1, 2003... Roving is an important process in the conversion of fibres into yarn by the rising spinning system. However, it is no longer an indispensable process because of the development of ring spinning machines, which produce yarn straight from the...

Cotton textile industry--investment touches $4 billion.
November 1, 2003... The textile sector has invested about $4 billion during last four years which has led to improvement in productivity, both in terms of quality and quantity in yarn, fabrics, home textiles and garments, besides generating more than 300,000 new...

Planning 2004 tobacco crop in Pakistan.
November 1, 2003... Though tobacco cultivation occupies a small area of 0.27% of the total irrigated land in the country and 3% in NWFP, it is of great significance as a source of revenue, employment and foreign exchange earnings to the country. During 2002-03,...

Export of rice from Pakistan.
November 1, 2003... Pakistan is located between 24 degree and 36 degree N latitude and 62 degree and 76 degree E longitude. The wedge shaped country is bounded on the south by Arabian Sea, on the southwest by Iran, on the northwest by Afghanistan, on the northwest...

Motorcycle industry.(China)
November 1, 2003... China today has installed motorcycle production capacity of more than 20 million units a year, while the total domestic market has only reached around 11 million units. Consequently, Chinese motorcycle producers have aggressively pursued...

Bureau Veritas: --for the benefit of business & people.
November 1, 2003... Bureau Veritas is a professional services firm dedicated to Quality, Health and Safety and Environment management (QHSE). It was founded in 1828 in Antwerp by a group of businessmen who had become increasingly concerned by the massive financial...

EU move to put cap on Pakistan textiles.(News & Views)(European Union)(Brief Article)
November 1, 2003... The EU is maneuvering to restrict quantum of textiles and clothing export from Pakistan even after the expiry of quota regime on December 31, 2004. Though the EU has not taken up this matter at the official level, behind the scene developments...

MFN status for India to benefit Pakistan: WB.(News & Views)(Most Favored Nation)(Brief Article)
November 1, 2003... A World Bank (WB) official said that there was no chance to enhancing regional trade in South Asia under SAPTA until and unless Pakistan and Indiatook steps to resolve certain issues laying in the way of boosting their bilateral trade ties. ...

Price hike in cotton.(News & Views)(Pakistan)(Brief Article)
November 1, 2003... Pakistan's prestigious multi-billion rupees foreign exchange earner textile industry is in crisis under the heat of rising prices of cotton. The impact of infestation in cotton crop in Punjab and reports of cotton crop losses in China and...

Pakistan likely to import cotton from India.(News & Views)(Brief Article)
November 1, 2003... Pakistan may import 25,000 bales of cotton from India to cope with the shortfall in local crop that has sent prices spiralling to Rs.3,600, this was disclosed by a member of a noted brokerage house. There are two qualities of cotton, which...

Pakistan needs to adopt quality standards.(News & Views)(Brief Article)
November 1, 2003... The regional countries urgently need to build a strong network of anti-dumping and countervailing duties to protect the local industry against the onslaught of unfair competition, says a handbook on World Trade Order (WTO), published by...

Cotton import inevitable.(News & Views)(Brief Article)
November 1, 2003... In the wake of sudden surge in cotton prices, the textile industrialists are compelled to import cotton so as to meet their export orders, said Chairman, All Pakistan Textile Mills Association (APTMA), Waqar Monnoo. He, however, said that...

China to help in setting up textile cities.(News & Views)(Brief Article)
November 1, 2003... China would help Pakistan in setting up of three textile cities at Karachi, Lahore and Faisalabad, said Tariq Iqbal Puri, Chief Executive Export Promotion Bureau. We would like to benefit from the Chinese expertise and experience in...

Textile exporters urged to be more aggressive.(News & Views)(Brief Article)
November 1, 2003... The Pakistan's textile exporters should be more aggressive in order to maintain their global market share and to face the challenges of the post. MFA (Multi-Fibre Arrangement), this was stated by a renowned textile tycoon and US based ASAP...

Duty cut sought on polyester fibre import.(News & Views)(Brief Article)
November 1, 2003... Textile leaders want the government to work out an arrangement to facilitate import of polyester fibre at a reduced cost of duty, but at the same time continue to offer protection to the British multinational ICI, which enjoys a 10-year...

Increase in Polyester Staple Fibre prices.(News & Views)(Brief Article)
November 1, 2003... Following the unprecedented price increase in cotton, the prices of Polyester Staple Fibre (PSF) also seem to register a gain in the days ahead, said the industry sources. The producers of Polyester Staple Fibre are planning to increase prices...

Textile briefs.
November 1, 2003... * Turkish textile machine companies will supply textile machinery to Pakistani textile companies. The agreement signed at the second Turkish Export Products Fair in Karachi. Turkey will also upgrade the Pakistan Textile Park, which is very old...