Extending technical assistance to other provinces; believes in ‘saving lives and changing minds’ The Punjab Emergency Service (Rescue 1122) is the largest emergency humanitarian service of Pakistan having an infrastructure in all 36 districts of Punjab and is providing technical assistance to other provinces. Rescue 1122 has rescued over 3.10 millions victims of emergencies through its Emergency Ambulance, Rescue & Fire services and Community Emergency Response Teams while maintaining …
Read More »Punjab the hub of economy
Punjab is the most populous province of Pakistan that houses 65% of total population of the country. It is the second largest province in terms of area after Balochistan. The province is bordered by Azad Kashmir to the north-east, the Indian states of Punjab and Rajasthan to the east, Sindh to the south, the province of Balochistan to the southwest, the province of Khyber Pakhtunkhwa to the west, and …
Read More »CSR: A prerequisite for good governance
Ben Packard, the vice president of Starbucks Coffee Company, once said: ‘on the journey to make our iconic coffee cups 100% recyclable, we quickly learned that developing recyclable material is just one part of the complex equation. We had to consider the entire lifespan of the cup, including what happens after it leaves our customers’ hands. This required bringing together the entire system of stakeholders with expertise, the influence …
Read More »CSR a mission or a ritual?
Many corporate entities boost that they do a lot under Corporate Social Responsibility (CSR) but the overall plight of industrial workers clearly suggest that a lot more needs to be done. It is also observed that many of the activities that the corporate should be performing as ‘duty’ as often clubbed under CSR. A little is being done to minimize emission of toxic gases and effluents. If a few …
Read More »Earthquake resisting steel a must to avert disasters
The use of below-par steel products appeared to be a major reason behind hundreds of deaths caused by a devastating earthquake that rattled Philippines’s island provinces of Bohol and Cebu on October 15, 2013. At least 222 people were reported killed and over 970 others wounded in the calamity, masterly, because of the collapsed building structures. Karachi too is believed to have gathered all the odds that, someday, may …
Read More »Man of steel: State of Pakistan’s steel sector
Pakistan Ship Breakers Association (PSBA) welcomed the government’s decision to impose 15% Regulatory Duty (RD) on the import of all steel billets, steel bars and wire rods at a time when the country’s steel industry is trying its survival in the face of international competition. Steel melters, ship breakers and large scale re-rollers had approached the Federal Board of Revenue (FBR), and relevant ministries on the rising difference between …
Read More »Stiff challenge over influx of Chinese steel products
Upto 30 to 35pc regulatory duty on steel products required to provide level-playing field to local industry While the influx of Chinese steel in the country is hurting the local industry, the widening price difference is also causing surge in imports. Not only the private sector, but the Pakistan Steel Mills (PSM) is also facing a stiff challenge due to Chinese imports. The PSM is finding it very difficult …
Read More »Quality concerns on imported steel billets and bars
Pakistan has seen a surge in imported steel products including steel billets, bars, wire rods and flat sheets. Approximately 250,000 tons of steel billets, bars and wire rods were imported in 2014, which posted a 40% increase over the quantity imported in 2013. These steel products are being used in critical applications in the country’s infrastructure such as high-rise buildings, bridges, and dams. Since Pakistan occupies a dangerous position …
Read More »The vital ways of attracting foreign investment
Infrastructure development and logistics is one of the vital ways through which any country can attract foreign investment and help achieve sustainable development for the growth of an economy. Considering the case of Pakistan, the focus on infrastructure while given importance isn’t always the most important aspect to consider since there are other issues the country has to deal with. There are the political sit-ins in the country, which …
Read More »Transport and logistics vital for growth of Pakistan trade
Interview with Sayyid Mansoob Hasan, An analyst PAGE: Tell me something about yourself, please: Sayyid Mansoob Hasan: I have over 23 years of experience. I have worked with non-banking financial industry at senior positions like CFO, HIA and Director. Since 1995, I am engaged in Public Practice as a Cost & Management Accountant and Management Consultant. My firm MANSOOB & CO. is providing solutions to business problems of the …
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