Economic Review articles from October 1995

Economic Review archives from October 1995

Devaluation - an ill-advised step.
October 1, 1995... * The price hike of petroleum products will put pressure on consumer prices forcing wages to increase substantially. * The government is likely to face a precarious balance of payment position in January 1996 when it may be forced to...

Contemporary security environment.
October 1, 1995... With states like Pakistan and India locked in a continuously conflictual relationship, the internal and external dimensions of security merge -- one into the other. And as long as this remains the case, the military will continue to play a...

New insect attractant lamp.
October 1, 1995... UltraViolet light has been used to attract flies to Electric Fly Killers since the 1950's. To this was added phosphorous glowing "blue" so that the humans could see the lamp. This "blue" light had no significant attractant effect on insects...

Cooperatives dilemma: a comparative perspective.
October 1, 1995... The assistance granted by the governments to the societies in the form of finance has nevertheless badly effected the performance of many credit societies. Cases have occurred where in the first flush of enthusiasm to help the cooperatives,...

Fourth UN World Conference on Women.
October 1, 1995... The Platform of Action" is a document that encompasses, twelve `critical areas of concern' focusing on poverty, education, health violence, peace, economic issues, power sharing, advancement mechanism etc. The Platform declared `Women should...

Why is agriculture sector languid?
October 1, 1995... To wrap up, agricultural output has failed to grow corresponding to the increase in population which has made it mandatory to rely on import of food items. The most important factor inhibiting the growth of agriculture has been the lack of...

Pakistan's economy: facing new challenges.(Economic Policy and Planning)(Cover Story)
October 1, 1995... * GPD to increase by 6.5 per cent against actual growth of 4.7 per cent. * Devaluation to aggravate the inflationary pressure. * Population growth to come down 2.7 per cent. POPULATION Population growth according to...

Lagging manufacturing sector.(Economic Policy and Planning)(Industry Overview)
October 1, 1995... Over the recent years, manufacturing sector has demonstrated sluggish behaviour with bad portents for the economy. An attempt is made here to analyse the underlying causes of such behaviour and appraise the performance of the sector. ...

First mineral policy envisages greater role for private sector.
October 1, 1995... The first-ever mineral policy in the country, offers a number of incentives an concessions to private sector investors who are invited to play a greater role in mineral development. Announcing the policy, the Minister for Petroleum and Natural...

Pakistan is an investment friendly country.(Investment)
October 1, 1995... The Board of Investment has been engaged in designing liberal competitive and investor friendly policies at home (Pakistan) and has also been aggressively marketing abroad as an attractive place for investment in Asia. To achieve this...

Investment opportunities in NWFP. (North-west Frontier Province Committee of Investment)(Investment)
October 1, 1995... The Province has substantial mineral, agricultural and hydel resources. Gympsum, cement, rock-salt, soapstone, rock phosphates, marble and refractory mineral rank highest in terms for resources size and market availability both within and...

Investment opportunities in mini steel mills.(Investment)
October 1, 1995... Pakistan met as entire iron and steel requirements through imports before the commissioning of the steel mill near Karachi. However, it is still a significant importer of various types of iron and steel products. Some quantity of demand is...

Activities of Modarabas, leasing companies and investment banks in Pakistan.(Investment)(Industry Overview)
October 1, 1995... The number of listed Modarabas and leasing companies at Karachi Stock Exchange rose to 51 and 25 respectively as on 29th December, 1994, with aggregate market capitalisation in excess of Rs. 16 billion. These institutions have given a...

Pak-Korea economic cooperation.(Investment)
October 1, 1995... Since the establishment of official relations in 1968, Pakistan and Korea have developed mutually beneficialties invarious fields. The scope and size of our relationship is amply reflected in bilateral trade and economic cooperation. The...

ICI Pakistan investment in PTA at Port Qasim. (pure terephthalic acid)(Investment)
October 1, 1995... ICI's strategy for PTA is to serve the growing needs of its customers and increasing internal demand from a small number of large-scale, low cost production centres. This investment will further strengthen ICI's successful PTA business which...

Private commercial banks on KSE - 1994. (Karachi Stock Exchange)(Banking & Finance)(Industry Overview)
October 1, 1995... There are 11 commercial banks on the list of Karachi Stock Exchange in 1994. Two Banks namely Habib Credit & Exchange and Mehran Bank were merged with Habib Bank Limited and National Bank Limited respectively during the year 1994, while 3...

The performance of private banks.(Banking & Finance)(Industry Overview)
October 1, 1995... The new private commercial banks attracted deposits, show high growth in their profits, assets and branch network. The total profit of listed commercial banks increased by 17.1% from Rs. 1,108 million in 1993 to Rs. 1,289 million in 1994....

Performance of foreign banks in Pakistan.(Banking & Finance)(Industry Overview)
October 1, 1995... The deposits of foreign banks as ratio of total deposits increased to 27.99 per cent in 1994-95 as compared to 21.63 per cent in the preceding year. The advances of foreign banks as ratio of total advances have also shown an increase from 17.64...

Opportunities to invest in power generation.(Energy)
October 1, 1995... The demand for power in Pakistan has been growing at the rate of nearly 10 per cent per annum over the last two decades. The supply has not been able to keep pace with the demand due to paucity of development funds in the public sector. ...

Local manufacturing of power transformers.(Energy)
October 1, 1995... The project has been accomplished with the technical and financial assistance of China. The machinery has been installed under the supervision of the Chinese experts. Most of the machinery equipment has been supplied by China. The share of...

New focus on the development of engineering sector in Pakistan under present government.(Energy)
October 1, 1995... A study of affluent economies of the Newly Industrialized Countries, like Singapore, Republic of Korea, Malaysia, reveals that engineering sector has played a pivotal role in the economic transformation of these countries. Being the core of...

Hub power project paves the way: the challenge now is to maintain an encouraging momentum.(Energy)
October 1, 1995... When the first of four 328MW power generation units goes into operation in June 1996, the developing world's largest private sector power project will become a reality. The project is the 1,292MW Hub Power Station, being built by a...

Pak-Arab Refinery Limited.(Energy)(Transcript)
October 1, 1995... Pak-Arab Refinery Limited, as you are well aware, came into being as a result of a protocol agreement signed between the Government of Pakistan and the Emirate of Abu Dhabi in 1972. The PARCO Joint Venture was formed to set-up an Oil Refinery...

AEG Pakistan (Private) Limited.(Energy)
October 1, 1995... AEG Pakistan (Private) Limited, a subsidiary of AEG Aktiengesellschaft, Germany, has been operating in Pakistan for more than 30 years. The Company has its head office and manufacturing facility at Karachi as well as sales offices in Karachi,...

Fauji Oil Terminal at Port Qasim.(Energy)
October 1, 1995... The project cost is US $82 million, with foreign exchange component of US $57.67 million and local component equivalent of US $24.43 million and debt equity ratio is 80:20. The Fauji Oil Terminal is the first project in the country to have...

Progress in engineering industry.(Industry)(Industry Overview)
October 1, 1995... Pakistan's engineering industry is an integral and impressive segment of the country's industrial development. Its performance and capacity to produce a whole wide range of products, light engineering goods, tyres and rubber products to steel...

ENGRO's philanthropic services lauded. (Engro Chemical Pakistan Ltd.)(Industry)
October 1, 1995... Mother and Child Care Centre Inaugurated at Daharki Federal Minister for Education Syed Khurshid Ahmed Shah highly praised Engro Chemical Pakistan Ltd. for launching welfare projects for the benefit of the poor people residing...

Chemical industry in Pakistan: its future.(Industry)(Industry Overview)
October 1, 1995... Every product or service used by mankind involves the use of chemicals in one form or another. The food we eat, the plants we grow, the consumer/durable goods and services we use to sustain the quality of life; indeed our very survival against...

Edible oil industry.(Industry)(Industry Overview)
October 1, 1995... In Pakistan, at present, the edible oil industry includes the manufacture of compound cooking oils (which is a recent development), table or salad oils (this process is still in its infancy) margarine and refined oils. Important products of...

SIZs to establish a strong industrial base. (special industrial zones)(Industry)
October 1, 1995... The new economic regime of liberalisation, deregulation and privatisation has opened Pakistan to the world as never before. Privatisation of public sector organizations, setting up of special industrial zones (SIZs) with unique financial and...

EFU LIFE: innovation in Pakistan. (EFU Life Assurance)(Industry)
October 1, 1995... Since the establishment of EFU Life, the company has made a substantial breakthrough in providing "value for money" and innovative products to cater to the needs of corporate and individual clients. For the first time in Pakistan, types...

Income Tax Law with Practical Problems Plus Wealth Tax Basic Law: 1995-96.
October 1, 1995... Income Tax Law with Practical Problems Plus Wealth Tax Basic Law) 1995-96 by Prof. Dr. Khawaja Amjad Saeed, Pro Vice-Chancellor and Director, Institute of Business Administration, University of the Punjab, published by Institute of Business...

Downward movement persists. (Karachi Stock Exchange Ltd. report)
October 1, 1995... Equities are still showing downward slide. The General index of share prices compiled by the State Bank of Pakistan as on October 28, stood at 187-25 as compared to 197.78 on September 28 showing a fall of 10.53 points. The aggregate market...