...SECTOR WISE LIST OF COMPANIES’ ANNUAL REPORTS (Available in SBP Library) Chemicals, Chemical Products & Pharmaceuticals 28. 1. Abbott Laboratories (Pakistan) Ltd. 29. 2. Bawany Air Products Ltd. 30. 3. Berger Panints Pakistan Ltd 31. Pakistan Pvc Ltd. 4. Biafo Industries Ltd. 32. Sanofi-Aventis Pakistan Ltd. 5. Buxly Paints Ltd. 33. Sardar Chemical Industries Ltd. 6. Clariant Pakistan Ltd. 34. Searle Pakistan Ltd. 7. Colgate Palmolive Pakistan Ltd. 35. Searle Pakistan Ltd. 8. Data Agro Ltd. 36. Sitara Chemical Industries 9. Dawood Herclues Chemicals Ltd. 37. Sitara Peroxide Ltd. 10. Dewan Salman Fibre Ltd. 38. United Distributors Pakistan Ltd. 11. Dynea Pakistan Ltd. 39. Wah Noble Chemicals Ltd. 12. Engro Chemical Pakistan Ltd. 40. Wah Noble Chemicals Ltd. 13. Fauji Fertilizer Bin Qasim Ltd. 41. Wyeth Pakistan Ltd. 14. Fauji Fertilizer Company Ltd. 42. Zulfeqar Industries Ltd. 15. Ferozsons Laboratories Ltd. 16. FFC Jordan Fertilizer Company Ltd. 1. Attock Petroleum Ltd. 17. Gatron Industries Ltd. 2. Attock Refinery Ltd. 18. Glaxo Smith Kline Pakistan Ltd. 3. Byco Petroleum Pakistan Ltd. 19. Highnoon Laboratories Ltd. 4. National Refinery Ltd. 20. I. C. I. Pakistan Ltd. 5. 21. Ittehad Chemicals Ltd. Oil Companies Advisory Committee (Formerly Pakistan Petroleum) 6. Pak Arab Refinery Ltd. 22. Leiner Pak Gelatine Ltd. 7. Pakistan Oilfields Ltd. 23. Linde Pakistan Ltd. (Formerly BOC Pakistan) 8. Pakistan...
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...Trade Relation between India and Pakistan. Introduction India and Pakistan have been trying, though not very successfully, since the Shimla Agreement, 1972, to create political harmony. Several attempts later, the political and security issues have only become worse. It is imperative to explore the bilateral trade relations between India and Pakistan, so as to seek a way towards a deeper engagement, as these two countries have the potential to change the geopolitical dynamics of Asia.We shall first explore the history of bilateral trade relations between the two nations. History of Trade between India and Pakistan Bilateral trade between India and Pakistan could be of mutual gain to both as they were not separate once. Mumbai and Karachi, their major business centres are near each other, which serves another advantage. But these advantages are marred by disadvantages such as, non-tariff barreiers, poor trade facilitation measures like customs and porcedural barriers, difficult visa regime, poor infrastucture resulting in costly transportation, and many more. At the time of independence, almost3/5th of Pakistan’s total exports were directed towards the Indian market, and 1/3rd of its imports came from India (Sangani and Schaffer 2003). But discord in political relations obstructed bilateral trade. After India’s devaluation of its currency in 1949, Pakistan refused to devalue its currency and later imposed import restrictions...
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...[pic] [pic] Economics Project: Exchange Rate, Balance of Payment and Trade deficit. [pic] |Topics |Page No | |Introduction |02 | |Defining |03 | |Exchange Rate, Bop & Trade Deficit | | |Pakistan Trade, Monetary Policy |04 | |Historical overview |05 To 07 | |Causes |08-11 | |Solutions |12 To 15 | |Conclusion |16 | | | | [pic] Introduction: Exchange...
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...PAYMENT OF WAGES ACT 1936 PREAMBLE: Whereas it is expedient to regulate the payment of wages to certain classes of persons employed in industry. ENACTMENT: * Payment of wages Act 1936. * 26 Sections with 5 appendices. PLACE OF APPLICATION: It shall be applicable to whole of Pakistan. EXTENT OF APPLICATION: It applies to the workers in: * Factory & railway administration. * Government may apply this Act to any worker after having three months’ notice. * It doesn’t apply on the worker if his monthly wages exceeding Rs.7000. WHAT IS FACTORY? "Factory “means; * Premises, including the precincts. * Ten or more workers. * Working on any day. * Proceeding twelve months, where a manufacturing process is being carried on. * With or without the aid of power, not include a mine. "Factory “means * Premises, including the precincts. * Ten or more workers. * Working on any day. * Proceeding twelve months, where a manufacturing process is being carried on. * With or without the aid of power, not include a mine. "Industrial establishment" means any___ * Tramway or motor omnibus service; * Dock, wharf or jetty; * Inland steam-vessel; * Mine, quarry or oil-field; * Plantation; * Workshop or other establishment in which articles are produced, adapted or manufactured, with a view to their use, transport or sale; INDUSTRIAL ESTABLISHMENT (cont’) ...
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...GSM Mobile companies in Pakistan and is a subsidiary of Pakistan Telecommunication Company. The company commenced its operations under the brand name of Ufone from Islamabad on January 29 2001. U fone expanded its coverage and has added new cities and highways to its coverage network. After the privatization of PTCL, U fone is now owned by Etisalat. PTML is a wholly owned subsidiary of PTCL. established to operate cellular telephony. The company commenced its operations, under the brand name of Ufone from Islamabad on January 29 2001. During the year, as a consequence of PTCL’s privatization, 26% of its shares were acquired by Emirates Telecommunication Corporation (Etisalat). Being part of PTCL, the management of Ufone has also been handed over to Etisalat. During the year July 2005 to June 2006, Ufone continued on the path to success. The Company further expanded its coverage and has added new cities and highways. Ufone has network coverage in more than 750 cities, towns and across all major highways of the country. During the year Ufone successfully completed the network expansion of Phase 4 in existing as well as in new cities and towns which amounted to more than US Dollar 170 million. As a result the asset base of the Company has increased from Rs. 20 billion to Rs. 27 billion. Future Plans Keeping in view the growth potential of the cellular industry there is no option but to be aggressive in order to remain a potent force in the cellular industry. In order to extend cellular...
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...Rana PREPARED BY: Ata-ul-Hassan 083805-067 Samran Javed 083805-025 Muzamil Iqbal 083805-053 Muhammad Tayyab Vahedy 083805-085 Muhammad Hadi 083805-109 Muhammad Salman Tariq 083805-108 Raheel Shehzad 083805-071 May 14, 2012 1. Situation (SWOT) Analysis. It is an important tool that is used for reviewing overall strategic position and its environment. It is used in different variety of scenarios. This analysis is carried out by being realistic and specific without any grey areas. It also helps to distinguish where the business is today and where it could be in the future and therefore is carried out in relation to the competition in the industry. Hence is the very first stage that helps us to focus on key issues mentioned below and takes into account complete analysis. a. Internal Strengths: These are very important by which we have competitive edge over others and focuses on: * Lucrative Management approach. * Leading Brands * Stupendous Customer Relationship Management * Effective Complaint handling system. * Customer Loyalty and retention. * Technological Skills. * Skilled and motivated work force * Production Quality, Processes and Logistics. * New product development. * Effective organizational reward and mechanisms * Management perspective for producing best quality yarn. * Pro-active quality control approach *...
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...New textile policy brings in Rs 3,800 cr investment The Hindu Business Line: October 22, 2012 Mumbai: The textile sector is on the upswing in Maharashtra due to the new textile policy. Since April, the State has managed to attract Rs 3,834 crore in investments in 411 new textile projects, said State Textile Minister Arif Naseem Khan on Monday. Addressing the media after reviewing the process of policy implementation, Khan said that the new projects would provide about 30,000 jobs in the State. Most of the investment has happened in cotton spinning and ginning units. Textile companies are keen to set up units in Vidarbha, Marathwada and the Khandesh due to the ready supply of cotton, he said. “Due to the policy, the sector is likely to get Rs 40,000 crore investment in the next five years and generate employment for 11 lakh people,” Khan said. Khan said that the policy was not a single-window policy but a ‘zero-window policy,’ in which projects would not come to the Government for clearance, The due diligence is done by banks. If a company manages to get its loan sanctioned under the Technology Upgradation Fund Scheme from banks, then it is eligible for subsidy, he said. The Union Government initiated the Scheme in 1999, and it has attracted over Rs 4 lakh crore investments in the sector, as of date. Textile Secretary Sunil Porwal said that all the 411 projects have achieved financial closure. For the Rs 3,834 crore investments, about Rs 400 crore will be the subsidy...
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...BUSINESS IN PAKISTAN UPDATED SEPTEMBER 2007 PREFACE In the preparation of this booklet we have tried to cover the principal aspects that regulate businesses in Pakistan, using, for this purpose, a language accessible to potential investors and business managers. We are aware that it is not easy to synthesize in a booklet of this nature all the legal, accounting, auditing, tax and labour rules/requirements that regulate businesses in Pakistan. However, if we have achieved our goal, contributing, by this way, to business development in Pakistan, we will be very satisfied. The booklet is designed to give some general information to those contemplating doing business in Pakistan, and is not intended to be a comprehensive document. Furthermore, its updating process is annual. Therefore, the users should consult us before taking any decision on the basis of information contains in this booklet. TABLE OF CONTENT FOREWORD 1 ABOUT HLB INTERNATIONAL 2 1. ISLAMIC REPUBLIC OF PAKISTAN 3 1.1 LOCATION 3 1.2 POPULATION DEMOGRAPHICS 3 1.3 INTERNATIONAL TIME 4 1.4 CLIMATE 4 1.5 LANGUAGE 4 1.6 CURRENCY 4 1.7 THE CONSTITUTION AND LEGAL SYSTEM 5 1.8 HIGHLIGHTS OF THE ECONOMY 5 1.9 ECONOMIC ARRANGEMNETS 7 1.9.1 List of Countries/Organizations with which Pakistan has Bilateral Investment Agreements 7 1.9.2 Pakistan and the Non-Aligned Movement (N.A.M.) 8 1.9.3 Pakistan and the Economic Co-operation Organization (ECO) 8 1.9.4 Pakistan and the...
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...profitability, output, efficiency and employment. It will be analyzed to compare the performance of public and private sector organization in Pakistan. Keywords: Privatization, profitability, output, efficiency and employment Introduction Despite frequent changes in the governments since 1985, five regularly elected and six care takers, there has been consensus on the continuation of privatization policy and as such it is expected to be cornerstone of all the future government policies, at least in the near future. Instead of arguing the merits or demerits of the privatization policy, we explore its impact on the levels of efficiency. A large number of public sector units have already been divested and a number of other public enterprises including telecommunications and thermal power stations have been placed on the privatization list. Nevertheless, serious doubts have been expressed about transparency of the bidding process and the impact of privatization on efficiency, investment, production, prices, employment and fiscal deficit. Accordingly, there is a need to identify constraints in realizing various objectives of privatization with a view to suggesting concrete policy measures that may be taken to overcome the constrain and to improve the performance of the organization. Divestiture of assets is not new to Pakistan though the motivation for divestiture has not been the same in different time periods. During the 50s and the 60s, public sector used to...
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...ESSAY ON SAARC by a2zcontentinfo @ 2013-05-04 – 06:33:44 The member countries of the South Asian Association for Regional Cooperation (SAARC) are called the Seven Sisters of South Asia, because of their geographical proximity and relations based on culture, ethnicity and economics. SAARC came into existence in December 1985, at Dhaka, Bangladesh.It has 8 countries as members, they are India, Pakistan, Sri Lanka, Bangladesh, Nepal, Bhutan, Maldives and Afghanistan. Secretariat was located at Kathmandu. Main Objectives of SAARC Charter: To improve quality of life and promote welfare of the peoples of South Asia. - To accelerate economic growth, social and cultural development in the region. - To promote self-reliance among the countries of South Asian Region. - To generate mutual trust and understanding of each others problems. - To strengthen cooperation with other developing countries. - To cooperate on matters of common interest in international fora. - To strengthen cooperation with regional and global organisations. Population and Economic Potential: 1.4 billion people, one-fifth of the World’s population. Home to one-fifth of the World’s consumers with an average yearly income of $ 450. The SAARC region with a total market size of one and quarter billion people offers enormous potential for Intra-regional trade and cross-border investment. Intra-SAARC trade is less than 5 per cent. The SAARC region is among the poorest regions of the world. The region has...
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...EXPORT PROCESS FLOW, PROCEDURE AND DOCUMENTATION Revised on November 10, 2005 Prepared By: Policy & Planning Small and Medium Enterprise Development Authority Ministry of Industries, Production & Special Initiatives Government of Pakistan www.smeda.org.pk HEAD OFFICE LAHORE REGIONAL OFFICE SINDH REGIONAL OFFICE NWFP REGIONAL OFFICE BALOCHISTAN 6th Floor, L.D.A Plaza, Egerton Road Lahore-54792 Tel: 111-111-456 Fax: (042) 6304926 helpdesk@smeda.org.pk 5th Floor, Bahria Complex 2, M.T.Khan Road, Karachi Tel: (021) 111-111-456 Fax: (021) 5610572 helpdesk-khi@smeda.org.pk Ground floor State Life Building The Mall, Peshawar Tel: (091) 9213046-47 Fax: (091) 286908 helpdesk-pew@smeda.org.pk Bungalow No. 15-A Chaman Housing Scheme Airport Road, Quetta. Tel: (081) 2831702/2831623 Fax: (081) 2831922 helpdesk-qta@smeda.org.pk Export Process Flow, Procedure & Documentation Policy & Planning INDEX 1. Introduction to SMEDA 02 2. Role of Policy and Planning 02 3. Flow Chart 03 4. Introduction 05 5. Selection of a Product 05 6. Opening of an Office 05 7. Registration for Export 05 8. Selection of Market 05 9. Quoting a Price 06 10.Signing of a Contract 06 11.Terms of Delivery 06 12.Financing for Exports 07 13.Packing 07 14.Transport 07 15.Insurance 07 16.Documentation 07 17.Post Shipment Documents 08 18.How to Claim Duty...
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...EXPORT PROCESS FLOW, PROCEDURE AND DOCUMENTATION Revised on November 10, 2005 Prepared By: Policy & Planning Small and Medium Enterprise Development Authority Ministry of Industries, Production & Special Initiatives Government of Pakistan www.smeda.org.pk HEAD OFFICE LAHORE REGIONAL OFFICE SINDH REGIONAL OFFICE NWFP REGIONAL OFFICE BALOCHISTAN 6th Floor, L.D.A Plaza, Egerton Road Lahore-54792 Tel: 111-111-456 Fax: (042) 6304926 helpdesk@smeda.org.pk 5th Floor, Bahria Complex 2, M.T.Khan Road, Karachi Tel: (021) 111-111-456 Fax: (021) 5610572 helpdesk-khi@smeda.org.pk Ground floor State Life Building The Mall, Peshawar Tel: (091) 9213046-47 Fax: (091) 286908 helpdesk-pew@smeda.org.pk Bungalow No. 15-A Chaman Housing Scheme Airport Road, Quetta. Tel: (081) 2831702/2831623 Fax: (081) 2831922 helpdesk-qta@smeda.org.pk Export Process Flow, Procedure & Documentation Policy & Planning INDEX 1. Introduction to SMEDA 02 2. Role of Policy and Planning 02 3. Flow Chart 03 4. Introduction 05 5. Selection of a Product 05 6. Opening of an Office 05 7. Registration for Export 05 8. Selection of Market 05 9. Quoting a Price 06 10.Signing of a Contract 06 11.Terms of Delivery 06 12.Financing for Exports 07 13.Packing 07 14.Transport 07 15.Insurance 07 16.Documentation 07 17.Post Shipment Documents 08 18.How to Claim Duty...
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...you Hooria Majid ABSTRACT Taxes affect citizens, economy of the country, businesses, governance mechanisms, etc. Not only revenue mobilization, an effective system of taxation helps in formalizing the economy, encourages economic growth, shapes political cohesion between tiers of the Government, and results in increase in social sector service delivery. We are now quite used to hearing the rhetoric by the government and bureaucracy on how Pakistan has one of the world’s lowest tax to GDP ratios since long (by their account it has stood between 9.50 and 10.40 percent in recent years), which also happens to be extremely low when compared to its neighboring countries and similar economies. So Government is unable to allocate reasonable funds for development projects. Although Pakistan has adopted best practices of the World through Income Tax Ordinance 2001 and formulation of Inland...
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...Enhancing Intra-SAARC Trade: Pruning India’s Sensitive List under SAFTA Nisha Taneja Saon Ray Neetika Kaushal Devjit Roy Chowdhury April 2011 List of Abbreviations FTA - Free Trade Agreement ISLFTA - India-Sri Lanka Free Trade Agreement LDC - Least Developed Contracting State NLDC - Non-Least Developed Contracting State RCA - Revealed Comparative Advantage SAARC - South Asian Association for Regional Cooperation SAFTA - South Asia Free Trade Agreement WITS - World Integrated Trade Solution Key words Revealed Comparative Advantage Is a ratio of the shared of given product in a country’s export to its share in world export. The revealed comparative advantage is an index used in international economics for calculating the relative advantage or disadvantage of a certain country in a certain class of goods or services as evidenced by trade flows. Concessions-mean tariff and non-tariff privileged by agreement under Tariff Liberalization Programme. Sensitive list-A list of items agreed by all member countries which are vulnerable to competition. It is the products of which will not be subject to tariff reduction. Notified Sensitive List- Is the original list at the time inception of SFTA Operational Sensitive List-Is the list constructed after taking all Central Board of Excise Customs notification into account Non-tariff measures- Include any measure, regulation or practice other than tariff Introduction The last two decades have witnessed a number...
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...Copyright and Book Piracy in Pakistan Khalid Mahmood Department of Library & Information Science, University of the Punjab, Lahore Muhammad Ilyas Department of Library & Information Science, University of Balochistan, Quetta Copyright Defined Copyright is a legal term describing rights given to creators for their literary and artistic works. Kinds of works covered by copyright include: literary works such as novels, poems, plays, reference works, newspapers and computer programs; databases; films, musical compositions, and choreography; artistic works such as paintings, drawings, photographs and sculpture; architecture; and advertisements, maps and technical drawings. Legal Definition of Copyright According to The Copyright Ordinance, 1962 The exclusive right to reproduce the work in any material form to publish the work to perform the work in public to produce, reproduce, perform or publish any translation of the work to broadcast the work to make any adaptation of the work Book Piracy Deliberate infringement of copyright on intellectual property and an absolute disregard for ownership or authorship of literary works OR Using another person’s opinion, ideas or works as if they were one’s own and without making any attempt at acknowledging their true source The Berne Convention Adopted by an international conference held in 1886 at Berne, Switzerland 8th amendment in 1979 Salient features: National treatment ...
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