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Alternative medicine getting strong roots

  “Pakistan possesses huge potential to fetch forex through export of herbal and other alternative medicines” Alternative Medicine is a medicine that is outside the mainstream of Western medicine. Alternative medicines exist in all cultures to sum degrees and terms such as traditional medicines, indigenous medicines, folk medicines, holistic medicines and oriental medicines are used to describe such practice. Date back 100 or even thousands of years it is depending …

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Making PIA a profitable entity again

  In order to make Pakistan International Airlines (PIA) a profitable entity and to bring back the lost glory of our national-flag carrier, the incumbent Prime Minister Nawaz Sharif just last month has decided to add new Boeing 777 carriers to the PIA fleet. With work being done to restore the country’s airline carrier, it is constantly being stressed that PIA needs to be made into a profitable unit and …

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Utilization of PSPD vital for cement industry

  Hike in steel price may stall construction activity Utilization of Public Sector Development Program (PSPD) spending announced in Federal Budget 2014-15 worth Rs525billion, up 24 percent compared to previous one, is crucial for growth not only of the cement industry but other 48 industries allied to construction industry. However, it is important to mention that on one hand the implementation of development plan will help construction activity and allied …

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Making insurance companies vibrant

  Fully cognizant of opportunities and threats facing Pakistan, Securities and Exchange Commission of Pakistan (SECP) has developed a ‘Roadmap’ for insurance companies to enable them to play their due role. Many of the sector experts have a myopic view that the primary mandate of insurance companies is ‘risk mitigation’ only. They often tend to overlook the fact that insurance companies also play a key role in capital formation. Anyone …

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Development of middle class in Balochistan: issues and challenges

  An educated middle class can play an important role in the development of Balochistan which is the largest but least developed province of the country. It still lacks a middle and urbanized class. Absence of middle class and urbanized leadership has provided rich grounds for growth and prevalence of tribalism and weak civil community promoted tribalism and feudalism. The government is not taking measures to encourage the growth of …

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Importance of Pakistan-China Economic Corridor

  Pakistan-China economic corridor has the potential to usher in a new era of economic progress and prosperity for both countries and benefiting the whole region as well. The project is expected to be ‘a game changer’ not only for Pakistan and China but also for the whole region. Last year, Pakistan and China signed a deal to build a $18 billion economic corridor linking Pakistan’s Gwadar Port on the …

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The future era in LNG

  Natural gas accounts for 50 percent of Pakistan’s total energy mix. The present shortage of 2,000mmscfd has led to the closing down of small and large scale industries and businesses across the country. The LNG Policy was issued in 2006 but so far no project relating to LNG has been materialized. This is the final attempt by the government to bring LNG to Pakistan. At present, Asia accounts for …

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The CNG dilemma: when and how should it end?

  CNG was introduced in Pakistan to counter high price of fuel. As a new business venture, many businessmen opened CNG stations to reduce the cost of transportation. CNG kit import became a wide market and especially popular in the transport industry. Introduced in mid 1990’s no one predicted the issues arising out of CNG supply, which we witness today. As the price of fuel based on international oil prices …

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Child marriage and problems

  Adoption of Sindh child marriages restraint bill a right step Child marriages bring a lot of misery to the children, particularly for the girl child. Child marriage increases problems for the families and in fact affects the whole life of a girl. This practice should strictly be discouraged while action should be taken against people involved in this evil-minded activity. Complications of pregnancy and childbirth are contributing causes of …

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Hydropower projects – A better future ahead

  For years, large scale hydropower progress has been sighted as something of a pariah within the renewable power sector. Indeed, despite an acknowledged contribution to sustainable power growth ‘ hydropower’s worldwide kWh contribution dwarfs all other renewable technologies ‘ it has chiefly been excluded from considerations that merit other forms of renewable energy generation and has weathered widespread criticism over schemes deemed unsustainable. All that is altering though, and …

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