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Pakistan Day & National Integration

  Each year, we enthusiastically celebrate the 23rd of March to commemorate the most outstanding achievement of the Muslims of the subcontinent who passed the historic Pakistan Resolution on this day at Iqbal Park in Lahore in 1940. The resolution crystal-clearly presented an independent and sovereign federal state for the Muslims of the subcontinent in which the constituent units or provinces would enjoy greater autonomy. The historic Pakistan resolution presented …

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Korangi Creek Industrial Park

  An economic hub offers more investment opportunities While the grapevine at the backyard of the Federation House is ripe amid rumors that local investors have transferred billions of dollars to Malaysia, UAE, Bangladesh, and even Sri Lanka and about 12 home textile manufacturers have already set up industries in Bangladesh, the news that over 65 industrial units are getting ready to lay the foundation of the manufacturing units at …

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Performance of corporate sector 2012

  Pakistan faces new challenges and opportunities every day. Reduced availability of financing for capital investment, unsafe working environment, law and order situation, continuous devaluation of rupee against other currencies, lack of gas and electricity and constant pressure for reviving the economy are just a few. Corporate sector vulnerabilities and poor governance in general are frequently being identified as important contributors to the Pakistan’s current financial crisis. Despite all this, …

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Back to gold?

  The October 1987 New York stock market crisis and the 2008 financial meltdown were controlled as fast as they came. That was in sharp contrast to the 1929-30 depressions that threw the world markets first into convulsions and then into a prolonged state of agony. The keyword separating the two sets of — pre and post World War II — financial crises was “liquidity.” The abolition of fractional reserve …

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Livestock a mainstay of Balochistan’s economy running at a loss

  Being a pastoral economy Balochistan is yet to exploit its tremendous potential in livestock sector. Animals are traditionally kept for meeting household milk and meat needs. Livestock development is linked with poverty alleviation in the province, as its 70 percent population is directly or indirectly involved in livestock rearing activities. The province is rich in livestock resources contributing about 40 percent of Pakistan’s total livestock population. The main consumers …

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Importance of women empowerment

  Considering the role of women throughout the world today, it can be safe to say that change is definitely taking place. Not only do women now have better access to health services and education but jobs too are now being made available for them and with this kind of independence, the voices of women are also being raised in parliament. Empowerment of women, however, has been occurring slowly with …

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Empowering women financially

  Females are often termed weaker gender, mainly because of their body construction and also because of earning lower remuneration. This phenomenon is not unique in Pakistan but prevails throughout the world, even in the developed societies. If one studies Pakistani society few observations are most evident: 1) parents are reluctant in sending their daughters to educational institutions, 2) the general perception is that females should remained confined to their …

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Corporate charity: sense of guilt or what?

  There is something sure sinister about the corporate charity. ‘Give away a few millions out of the billions earned unscrupulously’ is the common refrain. Why do the corporations and the corporate bosses value charity so dearly? It’s a question deeply rooted in psychology than economics. Some may say that charities are tax deductible and therefore offer a way to the giver to attract public attention for a small price. …

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PEMRA smoothing the process of fair, free media

  In a world influenced through cyber-space and satellite and cyber-space technology, e-media has a very important and vital role to play in shaping the destiny and life of states. The visual media, particularly television, has a stupendous, impact upon moulding human views and minds. In the given situation the e-media has an burdensome accountability in addressing the socio-economic issues of societies and disseminating un-baised knowledge. This accountability can be …

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Role of regulatory authorities in consumer protection

  One of the conditions for initiating process of ‘Liberalization, Deregulation and Privatization’ in early nineties was creation Regulatory Authorities in the respective sectors. The objective behind initiating this process was to confine role of the government to be the facilitators and pull it out of managing business. Creation of regulatory authorities was also one of the requirements of the multilateral lenders for the protection of all the stakeholders, particularly. …

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