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Chief Editor: Nadeem A. Jamal Volume: 2 Issue:12, December 2008 editor@businessmonitorpk.com


 
 

I am going to plan a long-term strategy to solve the problems of business community
Special Interview to Minister Industries & Commerce Government of Sindh

M.A. Rauf Siddiqui

"An individual self-concept is the core of his personality. If effects every aspect of human behaviour: the ability to done, the capacity to grow and chance. A strong, positive self-image is the best possible preparation for success in life". This proverbial retains a close tie to Mr. Rauf Siddiqui, who in his whole adolescence, made every possible effort to do as much as can while playing a frontline role during the tenure of his leadership. His full name is M. A. Rauf Siddiqui and father's name is Muhammad Abdul Majeed Siddiqui. M. A. Rauf Siddiqui born in Nawabshah in April 1961. He did B.Sc from American Global International University and BA from University of Karachi. Due to his sincerity, energetic feelings, target orienting, ambitious and from above all being a well-groomed personality he was many times elected the provincial minister for different seats by the great mandate of the public. That's why he has been the minister of Excise & Taxation Jan 1, 2008 to March 2004, minister-Home and coordination July 1, 2004 to August 2006, minister -culture Tourism & Social Welfare Sep. 2006 to Nov 2007 and now he is the minister of Industries & Commerce government of Sindh. He always tried to solve the problems of business community whenever he confronted any one of them. The recent press conference, in which he assured the development of Sindh at large level, is unquestionably a great and loud effort.
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Special Interview: Mr. Jawed Bilwani
Senior Vice President Karachi Chamber of
Commerce & Industry

By Mawaiz Khan Akash
Introduce yourself including your education, brought and achievements.
Ans: My Name is Jawed Bilwani and I born in Karachi. I got primary and secondary education from Mumbai Brotherhood School. I passed my Higher Secondary School examination from St. Patrick, graduation from Islamia College and L.L.B from Islamia Law College. After completing my education I attached to my family business. My family is in the industry & trade from the very beginning. My father had a great name and respect in Yarn business in Pakistan. He introduced polyester yarn and Nylon yarn in Pakistan. He was the first exporter of Polyester yarn and Nylon yarn in Pakistan. He dealt in business honestly and urged us to do so. He forbade me to turn back from my promise instead of going in loss. I think this the secret of my successful life. While starting my career in business, firstly I stood by my father in business then I accommodated in our Dying Finishing factory and gained too much experience from there. In this continuation I constituted Knitting and Hosiery Dying Unit. I exported fabrics and garments to many countries. This is what I have a simple introduction and by the grace of Allah I have a great name in the market. 
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Now the time has come…..
Pakistan's economy is registering a nosedive on major economic indicators, especially the foreign currency reserves and ever-increasing trade deficit, resulting in a massive fall of the rupee against the dollar and sounding the alarm about the economic future of the country. The increasing depreciation in the value of the rupee coupled with the flight of capital, largely over suicide bombings and military operations in the restive tribal belt, have hit the economy hard.
The rupee currently stands at above 80 against one US dollar whereas just ten months ago, one dollar was equal to Rs 60. The country's trade deficit stands at 12 billion dollars, which is the highest ever in its 61-year old history. "I simply blame the previous governments for this huge trade deficit. It had allowed all kind of imports, especially the luxury items, while no concrete steps were taken to improve the exports," The distinguished economist Mr. Kaisar Bengali said.
"I had already predicted the current poor economic situation by 2009 due to bad policies. But it has come a year before because of the soaring oil prices in the international market."
Bengali also blames the deteriorating security situation and the inflation rate, which now stands between 11 ands 12 percent, for the current economic woes.
"But due to the poor law and order situation in the country, not only foreign but local investors are shaky to invest." It had been great hopes were surrounding that economy of Pakistan shall be culminated in the era of real democracy after the regime of Dictator Pervez Musharraf, but all of prospect could not possible and declining economy is providing the signal of further Dark Age.
Now the time has come to examine ourselves and policies, rulers would have to obligation that previous error should not be repeated. The government should demonstrate the sincerity with peoples of Pakistan and take such steps which bring the nation towards the prosperity and peace in the region.

What make calculating hours?
Mawaiz Khan Akash
The largest textile factory contributing a large amount of manufacturing to the world situated in China consisting of multistory building with 800 employees. Amazingly the factory owner's including all his staff members, evenly the sweeper of the factory, lives in the same multistory building. They prefer living 
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email: mawaiz.khan@businessmonitorpk.com

10 stocks that can earn good returns in 2009
As uncertainties prevail and a revival expected only post second quarter of 2009, it will pay to focus on large cap companies with a proven track record, high earnings visibility and low leverage. The year 2008 has been one of the worst years in the history of Indian stock markets. 
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Pakistan's energy crisis: short and long-term solutions
Pakistan is in the grip of a serious energy crisis that is affecting all sectors of the economy and the various segments of the society. As the situation stands to-day, there are hardly any immediate solutions to resolve the issue.
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How Better Marketing Elected Barack Obama
"The Making of a President," but "The Marketing of a President." Barack Obama's campaign is a case study in marketing excellence.True, it was always going to be a Democratic year. An unpopular war, an incumbent Republican president with rock bottom approval ratings, and many Republican incumbents retiring from Congress as a result all meant that change was in the air. Add to that the economic meltdown that decimated millions of  
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The Road to Recovery A View from Japan
Through most of the 1990s and early 2000s, Japan grappled with a financial crisis whose origins were in some ways similar to the turmoil afflicting the United States today. The storyline from a decade and a half ago in the world's second largest economy evokes an unmistakable sense of déjà vu: the bursting of a property bubble fueled by excess liquidity, lax financial regulation  
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The Industry's New Year's Resolutions
It's true that putting things into perspective enables priorities to be established and, more, executed. After slogging through 18 months of writedowns, bank seizures and management failings, there is no better time for the industry to take control of its own destiny. Here are five things to consider when digging out of this recessionary ditch so the industry is stronger in its aftermath.  
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Google's Secret Weapon
By Jeff Stibel
Google's stock is now down more than 50% year to date but the Google guys don't seem to be concerned. Here's why -- and why it is critically important to your business: Most people think the reason is because Google dominates search. 
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Yousuf Khameesani selects the Chairman of the annual election of North Karachi Association
In the annual election of North Karachi Association Mr. Muhammad Yousuf Khameesani has been selected the Chairman while Mr. Syed Tariq Rashid and Mr. Muhammad Naseem Akhtar the Vice Chairman. For the seats of Executive Committee Mr. Khurram Rashed, Mr. Muhammad Aslam Chughtai, Mr. Syed Ateeq-ur-Rehman, Mr. Muhammad Sabir, Mr. Muhammad Ansari, Mr. Mr. Rana Muhammad Yaseen, Mr. Sadiq Muhammad, Mr. Junaid Ahmed Khan, Mr. Asif Maqsood, Mr. Sheikh Ali Ahmed Sadiq and Mr. Saadullah have been selected. The respective announcement took place in general meeting.

Babar Mirza Chughtai selects Chairman and Saleem Zaki Vice Chairman of ABAD
Association of Builders and Developers held the general body annual election of ABAD in which the candidates were selected for 2008-09. Members of general body selected Mr. Babar Mirza Chughtai as the Chairman, Saleem Zaki Vice Chairman, in others Mr. Muhammad Anwar Gaghaee, Mr. Muhammad Ilyas Peryani, Mr. Muhammad Saleem, Mr. Raees Ahmed, Mr… Shahid Nabi Malik, Mr. Muhammad Adia, Mr. Arif Geewa, Mr… Muhammad Saleem Patel, Mr. Suleman Abdullah Murad, Mr. Hanif Ghur, Mr. Muhammad Idrees, Mr. Zaheer Qadri and Mr. Jamshaid Ali Rizvi for Central Executive Committee. While for the seats of Regioning Executive Committee Mr. Muhammad Nasir Lakhani, Mr. Kasif Masood, Mr. Asim Aleem, Mr. Raeec Ahmed, Mr. Ghulam Hussain Memon, Dr. Talha Farooqi, Mr. Syed Muhammad Alvi, Mr. Muahammad Rizwan Adia have been selected.

Naveed Qamer joined Contract Advertising
Mr. Naveed Qamer has recently joined the contract advertising as a President. He has more than 20 years experience in advertising sector and has been working as a Chief Opertating Officer in FCB. Additionally he professionally demonstrated his responsibilities in PIA, P & G, Habib Oil and at other clients. Contract Advertising is working under the WPP Marketing Communication, JWT and Active 8 are also in this group. Today, WPP is known is as the best in the advertising world.

65,000 tons of Iranian crude arrive on deferred payment
Pakistan Refinery Limited (PRL) had signed an agreement last month with National Iranian Oil Company (NIOC), which had extended the credit facility for the payment of crude oil to 90 days from 30 days. Bosicor Refinery Limited  >>>>>

Benazir income support scheme launched
PPP central leader Farzana Raja launched the Benazir Income Support Programme in Punjab to help the poor. Federal Minister for Social Welfare and Special Education Samina Khalid Gurki, Shakeela Rasheed (MNA), Sajida Mir (MPA), Town Nazim Khalid Gurki  >>>>>

CDA buckles up to launch the project
The Capital Development Authority (CDA) is preparing to start the Kashmir Expressway project by the end of February or early March 2009 converting the existing dual carriageway into a five-lane 'expressway' at a cost of Rs2.192 billion. 
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Investment under CFS declines
KARACHI (January 2009): Investment under Continuous Funding System (CFS) on Karachi share market declined by 16 percent to Rs 1.1 billion January 2009. The average CFS rate remained in the range of 20-22 percent compared to previous week''s average rate  >>>>>

Canada to double C$60 million Cida assistance to Pakistan
ISLAMABAD (January 2009): The Canadian government has decided to double Canadian International Development Agency (Cida) assistance for Pakistan to 60 million Canadian dollars, mainly for local government, 
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PTCL earns Rs 6 billion profit in first quarter
The PTCL was able to earn a profit of Rs 6 billion in the first quarter of financial year 2008-2009, says a press release. Corporate social responsibility was established as the main pillar of the PTCL management 
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Treasury, Bank of America reach bailout deal
WASHINGTON - The government has extended a new multibillion-dollar lifeline to one of the country's biggest banks as officials continue to struggle with a serious crisis in the financial system.
After a marathon negotiating session, the Bush administration reached an agreement early Friday to provide Bank of America 
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Toyota profits hit speed bump
NAGOYA, Japan - Toyota Motor Corp. said Monday it will report the first operating loss in 70 years, acknowledging that after a decade of rapid growth it can no longer escape the slowdown plaguing the global auto industry. The Japanese auto giant also lowered its global vehicle sales forecast for the second time this year and said it was putting ambitious expansion plans 
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Wind Industry Projections for 2009
Although the wind industry is buffeted by the financial crisis currently affecting industries across the board, it is also buoyed by a strong strategic position and the prospect of strong policy support from Congress and the new President. Here's a list of projections 
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TeleMedicine in Pakistan
Imagine being ill or in physical pain and knowing that there's a remedy out there some where - but you have no access to it - that's where we the TELMEDPAK team come in.In the past few years the alphabet "e" has been attached to almost
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Caffeine Linked To Hallucinations
Researchers in the UK found that people who ingest a lot of caffeine, for instance by drinking lots of coffee, tea, and caffeinated energy drinks, are more likely to report experiencing hallucinations, including hearing voices and seeing things and people that are not there. 
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Mobile phone use not associated with melanoma of eye
Mobile phone use is not associated with the risk of melanoma of the eye, researchers reported. Although there is no direct link between  exposure to radio waves and
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Urgent need for better family planning - experts
Reuters and AlertNet are not responsible for the content of this article or for any external internet sites. The views expressed are the author's alone.
KARACHI, 6 January 2009 (IRIN) - Pakistan's rapidly increasing population is placing severe strains on economic resources, development and security, 
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Rs 4bn Health Insurance Scheme for poor on the cards, NA told
ISLAMABAD: Minister for Health Mir Aijaz Jakhrani told the National Assembly on Wednesday that the government was considering to introduce a Rs 4 billion Health Insurance Scheme in the next fiscal year to provide health cover to the poor. 
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Global financial crisis: Developing countries witness declining exports
By Tanveer Ahmed
KARACHI: Pakistan suffered less as compared to neighboring India in terms of negative growth in exports owing to the global financial crisis that has sent shockwaves throughout the world. 
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Agriculture is the most ignored sector of the economy
LAHORE: A complete transformation of the economy has hit hard the agriculture sector, which has suffered badly due to lack of interest by the government in developing the sector in accordance with the modern techniques.The latest Economic Survey reveals that the share of 
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Challenges cloud economic outlook View on Pakistan
Gulf News

Recent warnings over the deteriorating outlook for Pakistan's textile sector, highlight a grave outcome of the country's energy crises.The consequence of this trend is more than likely to exacerbate poverty and cause harm to a sector which is the second largest provider of 
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The Secret of Success in a Failing Economy
By Bill Taylor
It goes to show that timing isn't everything. Here we are, amidst the greatest economic failure since the Great Depression, and two high-profile writers are out with big new books on the surprising secrets of what makes people successful. What's more, both of these students 
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Pakistan - 30 percent basic textile industry closed due to gas disconnection
An immediate closure of 30 percent of the basic textile industry in the country is a sudden outcome of the government's pick of the compressed natural gas (CNG) stations against the basic textile industry for continuous supply of gas during the ongoing gas load 
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Pakistan - Textile industry warned against excessive power load
Power distribution companies have started serving notices on the textile industry, asking it to maintain current power load in coming months when gas load-shedding will start and in a worst case they may face power outages, The News has learnt.
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Nominal business noted on cotton market
RECORDER REPORT
Post holiday mood persisted on the cotton market on Friday as most of the participants were absent due to less buying interest, dealers said. The official spot rate was unchanged at Rs 2950, they said. The phutti prices in both the Punjab and Sindh were same at Rs 1400-1500, they added. Market sources said that the holiday mood persisted on the market as a result of lack of buying interest by the mills and spinners. 
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Textile industry vibrant and dynamic sector of economy: Baig
Islamabad-Advisor to the Prime Minister on Textile Dr. Mirza Ikhtiar Baig has said that the textile industry is playing a major contribution in the development of the national economy and government is planning many new measures to further improve the performance of textile industry to make it a vibrant and dynamic sector of the economy. 
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Cooperation in areas of textile medical instruments
The Ambassador of Cuba Mr Gomez, recently met the Minister of State for Investment Mr Mandivewalla and said that textile medical instruments and bio-technology could be two key areas of cooperation between the two countries.
The ambassador expressed the hope that the Pakistan-Cuba Joint Ministerial Framework will be finalized soon and added that joint ventures by Cuban companies with their counterparts in the textile sector could prove to be beneficial to both countries.
Mr Mandivewalla, on his part also welcomed investments emanating from Cuba in to Pakistan and assured full support of the ministry to companies from Cuba to materialize the investments.

Automobile scenario in Pakistan
After a boom of about five years the demand of Error! Hyperlink reference not valid. has slowed down by 55 percent. The highest decline was seen in the sales of 1300cc and above cars, which decreased to 1,382 units in July 2008 as compared to 4,701 in July 2007, 
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Environmental law threatened by rogue car dealers
Implementation of the end of life vehicles directive has been 'messed up' in the UK, according to MEP Chris Davies. Unscrupulous dealers in the UK are failing to remove potential contaminants such as oil, brake fluid, tyres and airbags before scrapping vehicles. In the UK, 
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Car dealers see 'closed' in the future
Credit woes, poor sales pushing some to brink
By Joyce Pellino Crane
Ford, General Motors, and Dodge dealerships northwest of Boston are among the latest casualties in an industry hit hard by tightened credit markets and plummeting 
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Karachi firm buys Canadian electric car company
WASHINGTON: Government restrictions and declining sales have prompted British Columbia carmaker Dynasty Electric Car Corporation to accept a purchase offer from the Pakistani auto manufacturer, Karakoram Motors Ltd of Karachi.
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Gwadar-an ideal destination for local and foreign investors
ISLAMABAD, Jan 9 (APP): With strategic and economic significance, Gwadar is well?poised to unleash conducive opportunities for local as well as foreign investment in diverse fields. Development work and business activities are gaining momentum at fast pace with the Gwadar 
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Push to Talk for UK business mobiles
By Buildingtalk
New Push to Talk is like turning your mobile into a walkie-talkie but with a global range. Push to Talk launches their revolutionary new push to talk (PTT) service to UK businesses. Widely used in the USA, PTT is the newest, fastest and most cost effective communication 
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BIW Technologies records close to 30% growth
Eighth straight year of growth yields GBP1.1 million profit for BIW Technologies, one of the world's leading providers of online construction project control software. 
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Role of Information Technology in Growth of Business
Information technology (IT) refers to the management and use of information using computer-based tools. It includes acquiring, processing, storing, and distributing information. Most commonly it is a term used to refer to business applications of computer technology, 
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Microsoft ditches Windows 7 beta download limit
Microsoft Corp. on Saturday ditched the download limit on Windows 7 beta, saying that users will be able to grab the preview through Jan. 24 -- even if the total exceeds the 2.5 million cap it had set earlier. 
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Field Server Technologies at AHR 2009
Field Server Technologies, the major gateway manufacturer in the building industry, is demonstrating its full range of products at the AHR Expo 2009 in Chicago, Illinois.
Featured this year is the Slot Server, a communications module used in the Allen Bradley Control Logix PLC.
Process plants utilize Control Logix PLCs to control their operation and building automation information is necessary for the efficient operation of the plant and the process.
Slot Server now gives process control facilities the ability to link building automation, fire alarm panel and process control networks.
Also featured this year are the FS-B35 Series Field Server, the interoperability solution for building automation system integrators, brings together the proven, powerful Field Server driver library with the latest in gateway design.
This unique, powerful Field Server packs features demanded by our customers into a compact user friendly package:.
* Plenty of connectivity -- four serial ports (2 RS-232 and 2 RS-485), two 10/100BaseT Ethernet ports plus a Lon Works port.
* Access to largest driver library in the industry.
·1000 point capacity.

 

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