Economic Review articles from November 2006

Economic Review archives from November 2006

Raising investors friendly judiciary.
November 1, 2006... What the western corporate world failed to achieve by trying the abortive device of the Multilateral Agreement on Investment (MAI) in mid-1990s and later through institutional mechanism of the WTO in recent years, now happens to be within its...

Time for a fresh look at trade policy.
November 1, 2006... IT is time the government took a fresh look at the content and direction of its foreign trade policy. Of course, the exports have almost doubled hi the last seven years, going up from nearly $8 billion in 1999 to $16.4 billion in 2005-6. ...

New housing and real estate development policy.
November 1, 2006... The Ministry of Housing and Board of Investment have jointly drafted a new policy on the "housing and real estate development" for channeling sizeable resources to the investors and amending land acquisition laws. The draft envisages an...

Incentives for widening tax base.
November 1, 2006... Tax reforms initiated in 2000 have started yielding more revenues but have failed in improving the tax-to-GDP ratio. The collection by the Central Board of Revenue (CBR) last fiscal exceeded the revised target of Rs. 690 billion by over Rs 10...

An opportunity for fast track industrialization.
November 1, 2006... The nation consumes more than it produces. Thus the most critical imbalance in the economy is the widening gap between the domestic demand and supply of goods and services. It is the root cause of market abuse, high inflation rate and other...

Prospects and challenges in banking industry.
November 1, 2006... Preamble: The banking system of any economy is an undeniable determinant of its growth as it provides an efficient channel that routes funds from surplus sectors in the economy towards deficit ones. During the last decade, the banking sector...

Global competitiveness of garment industry.
November 1, 2006... The textile apparel sector lies at the apex of the textile value chain starting from cotton and synthetic fibers. Over the past decades there has been a consistent rise in the value of global market share of high value textile apparel in...

Role of agriculture in poverty allegation.
November 1, 2006... Rural population, directly or indirectly is linked to agriculture for its livelihood. And agricultural development is linked to rural development, water resources, industries, poverty alleviation and environment. Its high growth rate helps in...

Dams and their usefulness.
November 1, 2006... In a greater sense, the word DAM is an embankment to store water and thus the water is confined. Dam is therefore a barrier, which is built across a water course of a normally giant river of a country to hold back firmly the mighty water, often...

Managing the worsening power crises.
November 1, 2006... Pakistan recently experienced the fourth major power breakdown to hit the national grid since 1999 and the longest in its history. It cost the nation over Rs. 200 million. This is mainly as a result of shortage of power and poor...

Fabrication of power plant machinery.
November 1, 2006... Indigenisation is the core of the policy for power generation projects-2002. It includes local fabrication of power plants as an important feature. "Financial and Fiscal Regime" of the policy lays emphasis on use of indigenous machinery,...

Leader's in industry.(GlaxoSmithKline Pakistan Limited)
November 1, 2006... The following curriuclum vitae include life sketches of Leaders in Industry who are contributing to the industrial growth of Pakistan. Mr. Abdul Rashid Lone is presently holding the position of Chief Executive Officer/Managing Director, Sui...

Essential components for industry electricity.
November 1, 2006... Pakistan will see power shortages by 2007unless actions are taken to increase generation and reduce transmission losses. Pakistan has 18 giga watts (GW) of electric generating capacity. Thermal plants using oil, natural gas, and coal...

Natural gas.
November 1, 2006... Pakistan's largest energy source is natural gas, with demand and imports growing rapidly. Currently, natural gas supplies 49 percent of Pakistan's energy needs. (see graph below) According to the Oil and Gas Journal (OGJ), as of January 1,...

Oil.
November 1, 2006... Overview Pakistan had 28.8 million barrels of proven conventional oil reserves as of January 1,2005. Pakistan produced 60,000 barrels per day (bbl/d) of crude oil during 2004 and is currently producing around 64,000bbl/d. Pakistan has...

Quantum jump in engineering sector performance.
November 1, 2006... Pakistan--the land of numerous unexplored opportunities has recently earned a good reputation in the international market for being a vibrant and progressive developing country in the world. The Government has adopted a very liberal investment...

Why invest in mutual funds.
November 1, 2006... Mutual funds are becoming vehicles of securities investments most favored by the general public worldwide. Whereas, this trend is more pronounced in the developed securities markets of the United States of America and Europe, mutual funds are...

Sui Northern Gas Pipelines Limited.(COMPANY PROFILE)
November 1, 2006... Sui Northern Gas Pipelines Limited (SNGPL) was incorporated as a private limited Company in 1963 and converted into a public limited company in January, 1964 under the Companies Act 1913, now Companies Ordinance, 1984, and is listed on all the...

Siemens Pakistan Engineering Company Limited.(COMPANY PROFILE)(Telephone Industries of Pakistan Ltd.)(Carrier Telephone Industries Ltd.)(Brief article)
November 1, 2006... Siemens Pakistan Engineering Co. Ltd. has its headquarters in Karachi, with regional branches in Lahore and Islamabad and Quetta. It has two joint ventures with Government of Pakistan--Telephone Industries of Pakistan Ltd. (TIP), Haripur and...

International Industries Limited.(COMPANY PROFILE)
November 1, 2006... Executive Summary International Industries Limited incorporated in 1948 as a trading company, ventured into the business of manufacturing high quality welded steel pipes and tubes in 1965. The first pipes to roll out were high quality...

GlaxoSmithKline Pakistan Ltd.(COMPANY PROFILE)
November 1, 2006... GSK's Global Business Strategy GSK is the leading Pharmaceutical Company in its sector in Karachi Stock Exchange. Its global business strategy consists on: * To build the best product pipeline in the industry. * To achieve...

Fazal Group Ltd.(COMPANY PROFILE)(Company overview)(Brief article)
November 1, 2006... Fazal Group has been operating in manufacturing and trading business in Pakistan since 1936. In the textile section, the Group owns operates four Rings Spinning plant comprising 125,796 spindles, two Weaving plants comprising 224 Air Jet Looms...

Illicit trade in tobacco industry.(COMPANY PROFILE)
November 1, 2006... The tobacco industry in Pakistan makes a significant contribution to all sectors of the economy, from farming through manufacturing, to distribution and retailing. The industry is also a major purchaser of supplies from other industries and its...

Resource Planning in the textile sector.
November 1, 2006... Numerous companies use Enterprise Resource Planning Systems (ERP) to manage broad aspect of their business as it has the possibility of managing different businesses under one portfolio. It is used both by manufacturing and services sectors....

Will surge in imports lead to higher export?
November 1, 2006... IT is generally argued that in many developing countries, exports are crucial for the economic development as they help generate foreign exchange necessary to finance imports, which are used as inputs in the export production process....

IMF for withdrawal of power subsidies.(International Monetary Fund)
November 1, 2006... The International Monetary Fund (IMF) is against subsidies to power and agriculture sectors as it says these create distortions and are becoming a burden on the Pakistani economy. A six-member IMF review mission, which concluded its about...

Critical questions in foreign investment.
November 1, 2006... Foreign direct investment (FDI) inflows have increased in the last two financial years, peaking at $3.5 billion during 2005-06. The figure was 131 percent higher than $1.52 billion for 2004-05. The government sees the volume of capital...

ADB wants Pakistan to cut deficit, inflation.
November 1, 2006... The Asian Development Bank has urged Pakistan to lower its fiscal deficit and inflation with a view to further improving the-country's economy. Pakistan's overall fiscal deficit could increase to five per cent of GDP in 2006-07, including...

Professor Dr. Syed Kamaluddin.(BIO-DATA)
November 1, 2006... Prof. Dr. Syed Kamaluddin is the acting Vice Chancellor of Federal Urdu University of Art's, Science & Technology from [9.sup.th] June 2006 to date. He holds the Ph.D. degree from Karachi University in Zoology (Entomology Morpho-taxonomy) in...

News flash.(briefs)
November 1, 2006... Shaukat for closer economic ties with Russia Prime Minister Shaukat Aziz has said that Pakistan attaches great importance to its relations with Russia, and wants closer economic ties and enhanced cooperations with the in a board spectrum of...