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Rice exporters demand must be met 30-09-03 According to a report, rice exporters have demanded 0.5 per cent reduction in the withholding tax to the exporters sending their products in 50kg packing with a brand name irrespective of whether it is registered or unregistered, but marked with “Production of Pakistan.”. FULLSTORY ADB’s concern over LFO 29-09-03 While highlighting the role of ADB for private sector development in Pakistan, the Asian Development Bank Country Director, Marshuk Ali Khan, at a seminar in Lahore, dilated thoroughly on the impact of political instability on foreign investment in the country. FULLSTORY Energy’s role in economic growth 28-09-03 For obvious reasons, the conversion of the petrol and diesel-based public and private vehicles on CNG provides enough rationale for the campaign to be successful. Not only will it help save the precious foreign exchange for the country, but would also have the salutary effect on the high petrol and diesel prices, which are stifling the economic growth in the country in multifarious ways. FULLSTORY The first step yet to be taken 27-09-03 The indignation and frustration with the global political order is quite pronounced at the international level where even the allies of the sole superpower did not stop short of showing their resentment with the existing system. FULLSTORY Globalisation: shape of things to come! 26-09-03 According to a newspaper survey report, some of the leading manufacturers of domestic appliances are turning importers and distributors. They are importing home appliances from China and selling them at cheaper rates, as compared to locally produced goods. They claim that they are importing only those items, which they do not assemble in Pakistan. FULLSTORY Need for consolidation of reforms 25-09-03 Viewed in the context of the government attitude in recent years, it will perhaps be generally accepted that it has decided to play a role of facilitation rather than an active agent, when it comes to investment endeavours. FULLSTORY Can OPIC ignore textile industry? 24-09-03 Reassuring of further mutually advantageous private sector cooperation between Pakistan and the United States, indeed, is the news report pointing out that the Overseas Private Investment Corporation (OPIC) will provide $100 million to private sector investment and also facilitate project finance in Pakistan. FULLSTORY
Learning to live with 'Bara' phenomenon 23-09-03 Reportedly responding to queries regarding setting up mini "Bara" markets in all the major cities the Central Board of Revenue is stated to have included gradual levy of General Sales Tax, among the four proposals forming part of the working paper it has finalised for the Ministry of Industries and Production. FULLSTORY
Aid for poor countries 22-09-03 Addressing the 70th meeting of G-24 countries, held at the advent of the annual meeting of the IMF/World Bank in Dubai, Finance Minister Shaukat Aziz rightly urged the developed countries to increase the quantum, quantity and effectiveness of aid for eradicating poverty and human deprivation, achieving sustained economic growth and promoting sustainable development. FULLSTORY
Constitutional Amendment Package 21-09-03 The Constitutional Amendment Package, which was handed over to MMA has already been approved by the Cabinet. From the initial position of the government, as manifested by Information Minister Sheikh Rashid, during his briefing to the journalists, it appears that the wedge between the government and the opposition remains on certain vital issues and it will be difficult to reach some accord. FULLSTORY
Some light at the end of tunnel 20-09-03 Though the Opposition has been quite vocal in criticising government for being too soft in negotiations with donors, the facts on the ground do not necessarily vindicate their position. This is with obvious reference to a reported refusal of IMF offer for another PRGF type funding programme. FULLSTORY
From Cancun a glimmer of hope 19-09-03 Viewing the Global trade talks collapse amid hopes and fears, one is apt to be overtaken by anxiety about the likely plight of the world's poorest nations, as contrasted with the power and reach of the United States, the countries of the European Union and the other wealthy nations. A simple and straight cause of the obtaining situation, as given by Jamaican delegate Richard L. FULLSTORY
Opposition's swing back to populist issues 18-09-03 The joint opposition's sway back to populist aims and aspirations, away from confrontation with the government on high profile issues like LFO and President in uniform, is apt to make one wonder about the wisdom behind it. FULLSTORY
The broader role of businessmen in society 17-09-03 The success of any business depends largely on the ability of the management that comprises either of the owners or it may be hired. But it is the man behind the scene who conceives the idea and take the risk. He may be called an entrepreneur. The entrepreneur is an individual involved in business of any kind to satisfy the needs, desires and wants of human beings as well as the needs of societies for improving the overall environment that may enrich the consumption of families, organisations, institutions and the state. FULLSTORY
Sweden's 'No' to Euro 16-09-03 Coming as a severe blow to Swedish Prime Minister Goeran Persson, the Swedes' loud and clear "No" to the Euro on Sunday, the majority of voters must have heaved a sigh of relief from distancing of the prospect of their country becoming the 13th member of the Euro zone. FULLSTORY
Harmony flows from Parliament 15-09-03 Talking to a group of MNAs and MPAs from Hyderabad district, Prime Minister Zafarullah Khan Jamali reiterated that the parliamentarians should rise above party politics and focus on providing maximum facilities to the people. FULLSTORY
Consistency helps economy to pick up 14-09-03 In spite of all differences in the interpretation of the results of economic policies, there is general consensus among people that economic policies have been successful in achieving the long-term goals of economic stabilisation. FULLSTORY
Effective
projection of Pakistan position 13-09-03 While responding to questions on the second anniversary of 11th September attacks over BBC, President Pervez Musharraf got yet another opportunity to market his vision of making Pakistan a modern Islamic State which could exist at peace with its neighbours and the West. FULLSTORY
The
big difference China can make 12-09-03 According to a news agency report, Asian countries, which had remained divided over several years in the past on a number of world trade issues, appeared to be closing their ranks to meet common challenges at the crucial ministerial meeting of the World Trade Organisation at Cancun. FULLSTORY
Quaid's
death anniversary It will be accepted that the death of the Founding Father, Quaid-e-Azam Mohammad Ali Jinnah this day, in the second year of our independence, left a vacuum that has remained unfilled since then. FULLSTORY
Mirage
on the investment front In his address to the inaugural ceremony of the Zamzama Gas Field project, the other day, Prime Minister Mir Zafarullah Khan Jamali seems to have gone out of the way in asserting that in the wake of horrendous nine-eleven terrorist onslaught on the United States, Pakistan has emerged as a safe haven for investment. FULLSTORY
Streamlining
the trade bodies At a meeting the Board of Investment Chairman, Wasim Haqqie had, the other day, with the office -bearers of the Federation of Pakistan Chambers of Commerce and Industry, he is reported to have asked its President, Riaz Ahmed Tata, to identify serious-minded entrepreneurs, indicating areas of their interest. FULLSTORY
Govt-opposition
talks should continue The fifth and final round of talks on LFO between PML-Q and MMA on Saturday ended on a positive note as a set of recommendations were finalised for consideration of the party heads. FULLSTORY
Population
explosion and new challenges Wherever one might go, one is apt to be caught in the midst of shortages and rising cost of living, as resulting from too many people chasting too small availabilities, including those of job opportunities. With population growing at a lesser pace, it would not have turned that bad. FULLSTORY
Pakistan
as heaven for investment Speaking at the inauguration of $150 million development project of Zamzama Gas Fields Phase-1, Prime Minister Zafarullah Khan Jamali tried to market Pakistan as heaven for investment. FULLSTORY
Need
for effective action plan for education While lauding progress in certain segments on Pakistan's economic front, the World Bank, in its annual report, has lamented that it still lags behind many a country with comparable per capita income in most social indicators. FULLSTORY
Forcing
cut in car prices According to a newspaper report, ostensibly, annoyed by the domestic manufacturers' reluctance to reduce the prices of locally manufactured cars and tractors, Industries and Production Minister Liaquat Ali Jatoi has finally constituted a Task Force for this purpose as a last-ditch effort. FULLSTORY
Combating
adulteration The federal cabinet's decision to meet the challenge of rising incidence of adulteration of food and medicine with harsher laws will certainly be viewed as inspired by the compelling urge to eradicate an evil of such a horrific magnitude. FULLSTORY
On
to Cancun and beyond Addressing a press conference in Islamabad, on Saturday, Commerce Minister Humayun Akhtar is reported to have said that industrialists in Pakistan need not harbour any fears from WTO conditions as the nation's industry would continue enjoying protection for years under its regime. FULLSTORY
Is
construction of dams not a political issue ? The Prime Minister's assertion that construction of dams is an economic issue, and not political one, while talking to newsmen after meeting Pir Saheb Pagara at Kingri House, will intrigue many minds. FULLSTORY
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