Cost of Externalities

What are the Highest Paying Jobs?

2012-07-27T23:01:00.000-07:00

CNBC Highest Paying Jobs 2011

Listed with average annual salary (source: U.S. Bureau of Labor Statistics)

1. Doctors and Surgeons: $165,720-$225,390
2. Chief Executive Officer (CEO): $173,350
3. Dentists: $158,770
4. Lawyers: $129,440
5. Natural Sciences Manager: $129,320
6. Petroleum Engineer: $127,970
7. Architectural Engineering Manager: $125,900
8. Computer and Information Systems Manager: $123,280
9. Marketing Manager: $122,720
10. Financial Manager: $116,970
11. Airline pilot, copilot and flight engineer: $115,300
12. Sales Manager: $114,110
13. Industrial-Organizational Psychologist: $114,040
14. General and Operations Manager: $113,100
15. Physicist: $112,020

Trident Fly Fishing

2012-05-18T03:54:00.000-07:00

Fishing is an activity of trying to catch fish. Fish are normally caught in the wild. Techniques for catching fish include hand gathering, spearing, netting, angling and trapping. There are many fishing techniques or methods for catching fish that include hand gathering, spearfishing, netting, angling and trapping. Recreational, commercial and artisanal fishers use different techniques, and also, sometimes, the same techniques. Recreational fishers fish for pleasure or sport, while commercial fishers fish for profit. Artisanal fishers use traditional, low-tech methods, for survival in third-world countries, and as a cultural heritage in other countries. Mostly, recreational fishers use angling methods and commercial fishers use netting methods.

At Trident Fly Fishing, they are gear junkies. They had to drive for hours in search of the perfect rod only to find that they couldn’t actually cast it in store. They wanted to change the way you thought about buying fly fishing equipment. Rodmakers have been making rods lighter and more accurate every year. It’s time that someone changed the way you shop for your next rod. So, they created the first website in the fly fishing industry which allows you to quickly find exactly what you’re looking for. TridentFlyFishing.com is a place to get fly rods, fly fishing gear and apparel. Popular fly fishing gear brands include Sage, Redington, Winston, Hardy, Greys, Tibor, Rio, Ross, TFO, Waterworks-Lamson, Simms, and Patagonia.

There are number of concerns and organization emerged in the market to provide fishing related products like winston flyrods , reels, lines, leaders, tippet, waders, boots, outerwear, flies, tying kits, tying tools, bags, storage cases, and more. However, I personally found Trident Fly Fishing one of best among all. TridentFlyFishing.com is an online retailer of fly fishing gear. This includes fly rods, reels, lines, leaders, tippet, waders, boots, outerwear, flies, tying kits, tying tools, bags, storage cases, and more. I personally like redington flyrods. Visit the neatly laid out site and see what they are offering and how?

Blue Bee Printing

2012-03-21T23:20:00.002-07:00

There are many different ways of using magnet printing for upcoming marketing and advertising campaigns. In order to accomplish our task we need to get some ideas, and try to come up with a few of our own. The marketing and advertising worlds rely on new, creative techniques and anything we can do differently than other companies is a great advantage to us. There are number of concerns emerged in the market which are claiming to use state-of-the-art technologies to provide the customers with high-quality printed products especially in San Francisco, California. However, I personally found Blue Bee Printing one of the best among all which are using the latest technology in digital printing and Magnet Printing. With their new digital press and 4-color offset press, they can offer their customers the best of both worlds – the flexibility of small print quantities with the efficiencies of large print runs.

Visit the neatly laid out site www.bluebeeprinting.com/ and see how they are providing fast turnaround, high-quality printing at affordable prices with the flexibility of 50 quantity to 5000 quantities. Their mission is to be one of the best online printing of custom stickers and magnets with best service at a reasonable price. They are sellingevery kind of stickers including bumper stickers, political stickers, funny stickers and other products in stock that they ship daily from our warehouse in San Francisco and California. But that's not all they do, they also print custom stickers. They can print any type of sticker you can imagine, some can ship next business day. The ability to make any customer the sticker of their dreams definitely makes them the best supplier in this product.

World Bank Approves $1 bln for Pakistan to Boost Power

2012-03-21T23:05:00.004-07:00

The World Bank approved a $1 billion loan to Pakistan to boost electricity supply and improve farm irrigation methods. The bank said $840 million of the loan will help boost capacity at the Tarbela hydro power project, northwest of Islamabad, by 1,410 megawatts. The project would shift capacity away from expensive imported fuel oil to low-cost hydro power.

"It will help Pakistan reduce the gap between supply and demand of electricity by maximizing the benefits of existing infrastructure of Tarbela Dam without requiring any land acquisition or relocation" of people, said Rachid Benmessaoud, World Bank country director for Pakistan.

The remainder of the funding, about $250 million, will improve irrigation on 120,000 acres of land in Punjab and cut wasteful water use, the Washington-based institution said. About 17,500 families in Punjab would directly benefit from the new irrigation systems, which would increase crop yields and promote water conservation

Cleaning Products UK

2011-11-11T05:48:00.000-08:00

Enter any living space, home or an office, hotel or airport lounge, and the standard of cleanliness will form your first idea of a place. Cleaner the place, better the image you form. If the things are messed up, given chance, you would not like to deal with the place again in anyway. That is why one people going a long way to clean up. More so in corporate world.

The cleaning of living spaces – interior and exterior – is a fine art as well as science. The living spaces cleaning activities includes the cleaning of edifice’s facades and floors, the cleaning of steel structures such as bridges, wind turbines, and the cleaning of tunnels, sewage systems as well as items placed inside the space.

In modern living spaces, such as office blocks, supper stores, hotels or a hospital, facades and partitions made of glass are widely used. To maintain the characteristics and transparency of these building elements over the long term, they have to be regularly cleaned. How these requirements can be met cost-efficiently and with the necessary thoroughness.

One needs to have a right product for a right job. May be your cleaning staff doesn’t know the difference between cotton cleaning material and micro fiber cleaning products. Which one absorbs water more and which one lasts longer? I suggest the mangers at the upper ladder of the pyramid need to decide before bulk purchase. That is how any concern can save on cleaning products. No?

Pakistan's Foreign Exchange Reserves

2011-08-21T23:00:00.000-07:00

Pakistan's foreign exchange reserves rose to $18.04 billion in the week ending Aug. 13, from $17.97 billion the previous week, a senior central bank official said on Thursday. Reserves held by the State Bank of Pakistan (SBP) rose to $14.55 billion from $14.46 billion a week ago, while those held by commercial banks fell to $3.49 billion from $3.51 billion. Foreign exchange reserves hit a record $18.31 billion in the week ending July 30. Pakistan's foreign exchange reserves were boosted in June by inflows of $411 million, including a loan of $191.9 million from the World Bank, and another loan of $196.8 million from the Asian Development Bank.

Higher export proceeds and a record inflow of remittances have helped Pakistan's forex reserves grow steadily. According to official data, remittances rose 38.57 percent to $1.1 billion in the first month of 2011/12 fiscal year, compared with $791.18 million in the same period last year. In May 2010, Pakistan received $1.13 billion in the fifth tranche of an $11 billion International Monetary Fund (IMF) bailout program.

Online Payday Loans

2011-07-22T23:12:00.000-07:00

These days payday loans are very hot and competitive in the financial market. The basic loan process is simply that a lender provides a short-term unsecured loan to be repaid at the borrower's next pay day. Typically, some verification of employment or income is involved (via pay stubs and bank statements), but some lenders may omit this. Individual companies and franchises have their own underwriting criteria. However, these days payday loans online - paydayloansonlinehub.com is one of the best sources of getting loan in seconds.

In the traditional retail model, borrowers visit a payday lending store and secure a small cash loan, with payment due in full at the borrower's next paycheck. The borrower writes a postdated check to the lender in the full amount of the loan plus fees. On the maturity date, the borrower is expected to return to the store to repay the loan in person. If the borrower does not repay the loan in person, the lender may redeem the check. If the account is short on funds to cover the check, the borrower may now face a bounced check fee from their bank in addition to the costs of the loan, and the loan may incur additional fees and/or an increased interest rate as a result of the failure to pay.

In the more recent innovation of online payday loans, consumers complete the loan application online (or in some instances via fax, especially where documentation is required). The loan is then transferred by direct deposit to the borrower's account, and the loan repayment and/or the finance charge is electronically withdrawn on the borrower's next payday. According to some sources, many payday lenders operating on the internet do not run credit checks or verify income. Visit the neatly laid out site of paydayloansonlinehub.com - payday loans online and see what they are offering and how?

20 Most Influential Living Economists

2011-07-20T21:07:00.000-07:00

Coming up with a list of influential economists from the past is easy enough. John Locke, Adam Smith, David Ricardo, Karl Marx, and Alfred Marshall readily spring to mind. Coming up with a list of influential economists of recent memory is also easy enough: John Maynard Keynes, Joseph Schumpeter, Friedrich von Hayek, Paul Samuelson, and Milton Friedman spring readily to mind. But coming up with the twenty most influential living economists poses more of a challenge.

Unlike in the past, economists now wield considerable political power. Is their influence to be measured in political terms, as in how widely their ideas are implemented in public policy and law? Is their influence to measured in originality of ideas and profundity of analysis? Is their influence to be measured in the degree to which they’ve transformed the discipline? As these questions suggest, no single measure of influence applies across the board. With these questions in the background, SuperScholar offers this list of its twenty most influential living economists.
Kenneth Arrow

Kenneth Arrow (b. 1921) is the preeminent living mathematical economist, bringing high-powered mathematics to bear on long-standing economic questions, especially in connection to general equilibrium. More info: Kenneth Arrow Bio

Read about other 19 here

Top 40 Rich Groups of Pakistan

2011-07-19T22:24:00.000-07:00

1. The Nishat Group

Mian Muhammad Mansha Yaha is the captain of this splendid ship having around 30 companies on board. Mansha, who owns the Muslim Commercial Bank as well, is now setting up a billion rupee ($ 17 m) paper sack project too. He is one of the richest Pakistanis around. Nishat Group was country's 15th richest family in 1970, 6th in 1990 and Number 1 in 1997. Mansha is on the board of nearly 50 companies. Chinioti by clan, Mansha is married to Yousaf Saigol's daughter. He is deemed to have made investments in many bourses, currency and metal exchanges both within and outside Pakistan. He has had his share of luck on many occasions in life and has recently been awarded Pakistan's highest civil award by President Musharraf. He could have bought the United Bank too, but then who doesn't have adversaries. Nishat Group comprises of textiles, cement, leasing, insurance and management companies. If Mansha was bitten by Bhutto's nationalization stint of 1970, his friends think he was compensated by Nawaz Sharif's denationalization programme to a very good effect. There is no stopping Mansha and he is still on the move!

2. The Jang Group

This huge media empire was founded by late Mir Khalil-ur-Rehman some six decades ago. Today, around 10 top newspapers and the multi-billion rupee GEO TV project are being run by Mir Shakeel-ur-Rehman, Mir Khalil's brainy son, who has a lot of projects pertaining to real estate under his belt too. Though he can be very modest, Shakeel is known to have taken country's Prime Ministers head-on. His tussle with Nawaz Sharif in 1999 spoke volumes of his unmatched influence in all domestic and international quarters which matter Shakeel is one of Asia's most well known media barons, whose newspapers have served to be the breeding nurseries for country's top journalists. He invests massively in stocks business regularly. His elder brother Mir Javed ur Rehman and tender son Mir Ibrahim also assist him in business. Such magnificent has been his influence that at times, a few governments have opted to take a few of his employees as ministers. The Group, as most politicians agree, has been instrumental in both toppling and building governments in Pakistan for decades now. Limelight is the product that he sells but doesn't like tasting the fruits of his own garden.

3. The Hashoo Group

Led by the vintage Saddaruddin Haswani, the Hashoo Group is more known for its dominance in Pakistan's hotel industry, though the people who know a bit more about the Hashwanis are of their strength in real estate business too. Hashwanis are involved in trading of cotton grain and steel and till the nationalization of cotton export in 1974, they were widely being dubbed as the Cotton Kings of Pakistan. Today, this group has excelled in export of rice, wheat, cotton and barley. It owns textile units, besides having invested billions in mines, minerals. hotels, insurance, batteries, tobacco, residential properties, construction, engineering and information technology. In 1984, Hashwani defeated the Lakhanis in the bid for Premier Tobacco but was arrested along with his brother Akbar in 1986 for allegedly evading customs duty on cigarettes. Sadarduddin's brother Akbar and the children of another late brother Hassan Ali Hashwani together manage around 45 companies. Akbar runs the second Hashwani Group. He is one of the most well-known magnates in Pakistan who is a regular invitee at the Diplomatic Enclave. The list of local and international bigwigs known personally to Hashwani is unending.

4. The Packages Group

The seed of this huge empire was sown by Syed Maratib All, a renowned supplier for British Army and the Indian Railways before partition. The group launched a joint venture with Lever Brothers soon after 1947, but massive production of Pakistan Tobacco Company later reportedly made Syed Maratib All and sons install a packaging Unit by the names of Packages. Two of Maratib's sons-Syed Amjad Ali and Syed Babar Ali have remained Pakistan's finance Ministers and two of his well-known grand-children-Syeda Abida Hussain and Syed Fakhar Imam-are political stalwarts who need no recognition. Late Syed Amjad Ali was Pakistan's first Ambassador to the United Nations, while Syed Babar Ali is the force behind the establishment of the LUMS. The group owns Nestle Pakistan too which is being run by Syed Yawar Ali. Syed Babar Ali has also served as Chairman National Fertilizer Corporation during the Bhutto regime too and has been the Chairman of Hoeist Pakistan, Lever Brothers and Siemen. The group also acquired a good number of Coca Cola plants in Pakistan. Its famous brands include Nestle Milk Pak, Treet, Mitchells and Tri Pack Films. It has stakes in the textile, dairy, agriculture and rice Sectors too. The groups Contributions towards the cause of an independent Pakistan are unprecedented.

5. The House of Habib

Legend has it that the Goddess of Wealth has been in love with the seasoned Habibs more than anybody else in Pakistan. Most pundits believe that Habibs own at least 100 companies throughout the world, but these content mega-tycoons never boast off, something which has made it uphill for most to predict about their financial standing. This industrial group was founded by Seth Habib Mitha, born in 1878 to Esmail Ali-a factory owner in Bombay. The financial strength of the Habibs can be gauged from the fact that Muhammad Ali Habib gave a cheque of Rs 80 million to Quaid-e-Azam in 1948 at a time when Pakistan government was penniless owing to delay in transfer of Pakistan's share of Rs. 750 million by the Reserve Bank of India. They had offices in Europe in 1912. They incorporated the Habib Bank in 1941. They own the Habib Bank A.G Zurich, Bank Al-Habib, Indus Motors assembling Corolla cars and many dozens of units in sectors such as jute, paper sack, minerals, steel, tiles, synthetics sugar, glass, construction, concrete, farm autos, banking, oil, computers, music, paper, packages, leasing and capital management. Habibs today are headed by Rafiq Habib and Rashid Habib in two distinct groups. What makes them extremely influential players of all times is the fact that for dozens of top businessmen today, Habib were a myth once.

6. The Saigols

Saigols originally hail from Jehlum. The pioneer of the Saigol dynasty in 1890 was Amin Saigol who established a shoe shop that eventually transformed into Kohinoor Rubber Works. And then times saw them shining literally like the Kohinoor until their progress was by Nationalization in which they lost two-thirds of their wealth. Saigols got trifurcated in 1976 and 15 descendents of Amin Saigols tour sons got a share. The name of the Saigols has been used in this part of the world as similes describing quantum of wealth. Yousaf Saigol, along with his brothers Sayeed Saigol, Bashir Saigol and Gul Saigol then nourished an excellent crop. In 1948, Saigols established the Kohinoor Textile Mills with a cost of Rs 8 million and this group happens to be the first to open an LC with the State Bank of Pakistan. They bought the United Bank in 1959 and then witnessed five of their units getting nationalized. They lived in Saudi Arabia during the Bhutto regime. Today, cousins Tariq and Nasim are holding the family's fort together and have risen to unprecedented heights in individual capacities. NAB did haunt Nasim but Tariq spent more lime either accepting or refusing prized slots everywhere. Tariq is the one of the finest business brains around.

7. Nawa-E-Waqt Group

The Nizamis may not be Rockefellers or the Sheikh Muhammad, but arc the custodians of a highly influential media empire. Since media is now beginning to be classified as very serious business, clout of this group's head Majid Nizami and that of his nephew Arif Nizami in nearly every sphere or the Pakistani society is being widely acknowledged. The impact this group has managed create on Pakistan's political scenario since 1947 is unprecedented too. The group runs two esteemed dailies-the Nawa-i-Waqt (Urdu) and The Nation (English). Besides publishing a few other monthlies and weeklies, they too are serious customers for an electronic media channel. Hailing from Sangla Hill, a youth Hameed Nizami (late) went out taking a paper that was badly needed by the Muslims of India during the Pakistan Movement. Hameed was a renowned student leader in the sub-continent who only gained proximity with the Quaid-c-Azam because of his distinct and selfless for an independent Pakistan. Though Hameed died very young in 1962, he gave Majid Nizami a rich legacy to take care of. The youngest Nizami, Khalil, died some years ago and was also part of this illustrious group. Out of Hameed Nizami's three sons-Shoaib, Arif and Tahir, only Arif has followed in his father's footsteps and is the sitting President 0f All Pakistan Newspaper Society (APNS). Nizamis are a 60-year old entity too.

8. The Saif Group

Is owned and operated by the sons of famous NWFP lady politician Begum Kalsum Saifullah. Her eldest son Javid Saifullah heads Ibis very powerful business group. Javid obtained his Master degree in Business Administration from the University of Pittsburgh, USA in 1973, followed by diversified experience of over 30 years in textiles, telecommunication, cement and Information Technology. He also remained the Chairman of All Pakistan Textile Mills Association (APTMA) for two years and NWFP for seven years. He has also been the member Task Force IT & Telecommunication Advisory Board, Ministry of Science and Technology, Member of Task Force (Liberalization & Privatization of Pakistan Telecommunication Company Limited), Ministry of Science & Technology)Javed Saifullah Khan is looking after the group businesses for the past 20 years. Saifullahs are in power always, in one form or the other. Javaid's brothers Anwar Saifullah, Khan (Former Federal Minister), Salim Saifullah Khan king-maker in NWFP polities) and Osman Saifullah (another APTMA& wizard) have very close family ties with a lot of key politicians in the country, besides being related directly or indirectly through marriages to the families of a few leading and famous Army Generals who ruled Pakistan.

9. The Crescent Group

The history of this group dates back to 1910 when Shams Din of Chiniot and his four sons came into business with a tannery at Amritsar. This family was allotted 125 acres in Faisalabad in lieu of their left-over property in India. These brothers' Muhammad Antis, Muhammad Bashir, Fazal Karim and Muhammad Shafi-then ruse up to become country's largest textile exporters. They had initially set up the Mohammad Amin-Muhammad Bashir Limited for export of cotton and import of various products. Having more than two dozen concerns in its fold, Crescent is majestic force to reckon with. This empire serves as the best example of cohesion among cousins, uncles and nephews. Altaf Saleem of this group has enjoyed the slot of Chairman Privatisation Commission during the Musharraf regime, but has not been accused of any bungling during despite having served on a Prized slot. The group today owns numerous textile, steel, sugar, modaraba, food, leasing, knitwear, software, power, chemical, banking and investment units. They are one of the richest people in the country for the last 40 odd years. This Chinioti Sheikh family has lived up with quite a wonderful reputation, bearing an excellent record with its creditors throughout its bu.siness history. Men running Crescent do not have to make contacts, for the privilege comes to them naturally.

10. The Monnoo Group

The Monnoo dynasty was founded by two brothers-Dust Muhammad and Nazir Hussain in 1905 at Calcutta. The first unit owned by the Monnoos was the Olympia Rubber Works. And then time saw the Monnoos setting up sonic 20 textile mills in succession. Former President Shahzada Alam Monnoo is the man behind the strength of this group-known more for its achievements in the textile sector. Munnoos have been a symbol of wealth during the last 65 years or so. Shahzada's brothers, .Jahengir and Kaiser are assisting him in business, while silting APTMA Central Chairman Waqar Monnoo also hails from this magnificent group. In East Pakistan, Monnoos had also left a few power, feed, textile and agriculture-related units some nine in all. Their elder Munir Monnoo, after leaving East Pakistan, had set up looms at Faisalabad. Shahzada Alum Monnoo, perhaps the well-dressed man in the country along with Saddar-ud-Din Hashwani, is no alien for any ruler. The Monnoos are Chiniotis too. Shahzada Alum Monnoo, after some break, is again active in the politics of Lahore Chamber while Jahengir Monnoo is siding with Waqar Monnoo in latter's vicious battle of ego with Messrs Tariq Saigol and Mian Mansha. They star in business politics of and on, but seem to have Inst the taste of ii somehow. Perhaps had enough of salutes!

11. The Dewan Group

Dewan Yousaf Farooqui. The mentor of this group has been the Sindh Minister for Local Bodies. Industries, Labour, Transport, Mines & Minerals. Holding of so many portfolios by a single man bears ample testimony to the fact that the Dewans keep a leg sticking in polities too. The Dewan Mushtaq Group is one of the Pakistan's largest industrial conglomerates in sectors like polyester acrylic fiber, manufacturing and automotives. Six of their companies are listed at the Karachi & stock Exchange and one at the Luxembourg bourse. Dewan Farooqui Motors assembles around 10,000 cars annually under technical license agreement with Hyundai and Kia Motors of Korea The Dewan Salman Fiber is the pride of this empire as it ranks 11th in the world in total production capacity. The group owns three textile units, a motorcycle manufacturing concern and the largest sugar unit in the country. Dewans also have business interests in India. They possess dozens of millions of shares of Saudi Cement and Pak land Cement. They finance some 40 medical dispensaries and over a dozen schools, apart from funding roads/drinking water and Bio-energy infrastructures. Dewans arc on their way building a $ 1O million SME Resources with IFC investment of $ 3 million. The Dewans enjoy massive influence in the engineering sector.

12. The Lakson Group

The Lakhanis are currently having a hard time at the hands of NAB. Sultan Lakhani and his three brothers run this prestigious group and the chain of McDonald's restaurants in Pakistan. NAB has alleged the Lakhanis of having created phoney companies through worthless directors and raised massive loans from various banks and financial institutions. Sultan is currently abroad after having served a jail term with younger sibling Amin, though the latter was released much earlier. NAB had reportedly demanded Rs 7 billion from Lakhanis, but later agreed they pay only Rs 1.5 billion over a 10-year period. Lakhanis, like their arch-rivals Hashwanis, are the most well-known of all Ismaeli tycoons. Their stakes range from media, tobacco, paper, chemicals and surgical equipment to cotton, packaging, insurance, detergents and other house-hold items, many of which are joint ventures with leading international conglomerates. Though Lakhanis are in turbulent waters currently, the success that greeted them during the last 25 years especially has been tremendous. They have rifts with large business empires despite being known fur their genteel nature. Whether it is any government in Sindh or at the Federal level, Lakhanis have had trusted friends everywhere, though the present era has proved a painful exception.

13. The Sapphire Group

Headed by a veteran industrialist Mian Abdullah, this splendid empire owns 11 yarn spinning plants (producing 60,000 tonnes of yarn annually), 3 woven plants of greige fabric ( producing 50 million metres annually), one yarn dyeing plant (capacity 5 tonnes per day), one knitting unit (10 tonnes per day), one knitted fabric dyeing plant (10 tonnes per day), one woven fabric dyeing and finishing plant ( 1.2 million metres per month) and three power plants having the capability to produce 40 MW of energy. Sapphire forms synergies with off-shore garments companies. The group markets its products in biggest brand names in Asia, Europe, Australia and North America. Sapphire started with one spinning mill in 1969 and employs over 10,000 people and has an annual turnover of $ 219 million. Mian Abdullah's repute can be gauged from the fact during the October 2003 minis at APTMA, more than 1000 textile millers bad tendered their resignations against incumbent Chief Waqar Monnoo to him. Dozens of leading tycoons had proposed his name to head APTMA in case of an interim setup. Having an influence among textile millers is no easy job but Mian Abdullah stands privileged in this context He is often seen part of the entourages of key business leaders to foreign countries and provides input to fellow colleagues whenever requested.

14. The Dawood Group

Was ranked Pakistan's biggest group in 1970, 3rd in 1990 and 15th in 1997 like all. Nationalization and the East Pakistan tragedy trampled all over the Dawoods too. Today, the original Dawood Group stands split in three factions. The owners of this empire refrained from opening any unit for a good part of some 20 odd years. This group was founded by Ahmed Dawood, but later the dynasty found itself divided among the three Dawood brothers-Ahmad Sadiq and Suleman, The key players in this group led lives in exile during the Bhutto regime. Former Federal Minister fur Commerce and Trade Razzak Dawood, the son of the late Suleman Dawned runs the Descon Engineering and a few other units dealing in manufacturing refrigerators and other consumer products. Hussain Dawuod, sun of Ahmed Dawood, has already rendered meritorious philanthropic services in the field of education by supporting brilliant and needy students. Hussain runs Dawood Hercules, some modaraba companies and a few textile units. The Sadiq Dawned Group owns a few leasing, modaraba and insurance concerns too, apart from the Dawood Yamaha. Sadiq Dawood's decision to become an MNA in 1951 and Treasurer Pakistan Muslim League during Ayub's rule certainly benefited the Dawoods.

15. The Best Way Group

Sir Anwar Pervaiz is the Chairman of Bestway Group which started off as a specialist Asian food store in West London in 1962. More retail units followed and by the early l970's the group had opened ten general food stores. He may easily be dubbed the richest Pakistani. The Bestway Group moved into the wholesale business in 1976 when its first Bestway cash and carry warehouse was established in London. Rapid expansion in wholesaling followed during the 1980's and 1990's, and to date, the Bestway Group comprises of about 30. The Bestway Group moved into the cement business in 1995 when it decided to set up cement manufacturing plant in Pakistan at a cost of $120 million. In 2002, the Bestway Group acquired a 25.5% stake in United Bank Limited. Today, the Bestway Group has a diversified portfolio, with interests in cash & carry wholesale, property investments, retail outlets, milling of rice, lentils and pulses, cement production and more recently into banking. The group's total sales amounted to in excess of £ 1 billion for the year ended 30th June 2002. The group provides direct employment to over 2300 people.

16. The Haroon Family

Headed by Yusuf Haroon, 9l, the former Sindh Chief Minister and Governor West Pakistan, this family owns The Herald Group of publications which includes the Daily Dawn, Monthly Herald, Aurora and Spider magazines. When he rose to Karachi's Mayorship, Yousaf was the youngest Mayor in sub-continent's history. This prominent scion of the Memon clan had remained a strong believer that General Zia-ul-Haq bad launched systematic discrimination against the Karachi businessmen that made the Memons fly outside Pakistan with their money. Yosaf's younger brother Mabmood A.Haroon has also remained Sindh's Governor, besides having served as ADC to Quaid-Azam at the age of 17. The Haroons; wealthiest in the country once, are prominent media barons of today who enjoy unmatched influence in country's political and business arena. Sir Abdullah Haroon, father of Yousaf and Mahmood, bad died in 1942, but sot before he had devoted his residence for the cause of Pakistan. Handling both business and politics at the same time never seemed tough job for the disciplined sons of Sir Abdullah Haroon. Yousaf Haroon also served a country's High Commissioner to Australia. The great grandfathers of the Haroons had migrated to Karachi some 150 years ago where they made fortunes in clothing and sugar trades.

17. The Yunus Brothers

The Chairman of this group is Abdul Razzak Tabba. This group owns one of the largest warehouses (textile products) in Pakistan. The concerns falling under the ambit of the Younus Brothers are Fazal Textiles, Gadoon Textiles, Lucky Cement, Lucky Energy, Lucky Power-Tech, Lucky Textiles, Younus Textiles, Security Electric Power Company and Younus Brothers etc. Razzak Tabba is an active player in the politics of the prestigious All Pakistan Textile Mills Association (APTMA) too, apart from assuming a king-maker's role in the political arena of the FPCCI. Tabba came to more limelight last year when he hosted very heavily attended dinners in honour of the textile magnates from all across the country, while siding with Messrs Tariq Saigol and Mian Mansha in their battle against the APTMA Chief Waqar Monnno. He is quite a philanthropist too and has initiated various welfare projects for his Memon community in Karachi and Sindh. He frequently stars in the community welfare programmes held under the auspices of the Asia Tabba Foundation, World Memon Foundation and the Kathiawar Cooperative Housing society etc Tabba is a man who likes to keep away from camera and despite all his influence and riches-something which has made him earn tots of respect.

18. Gul Ahmad/Al-Karam Group

Gut Ahmad is one of the most vibrant Memon business houses in the country that was founded by Haji Mohammad Pakolawala, but is now split between Gul Ahmad and Al-Karam Group of Industries. While Gul Ahmad is headed by Bashir Al Muhammad, the Al-Karam faction is controlled by Umar Haji Karim. In 1953, Gul Ahmad was incorporated as a private limited company with a capital of Rs eight million. Gul Ahmad is presently a composite unit with an installed capacity of 88,000 spindles, 108 air-jet looms and 297 conventional looms. The group has been a pioneer in the field of power generation as well. Gul Ahmad's directors have held top positions in various textile bodies, export committees, besides having assisted government of Pakistan in few major talks with EU and US. The group is set to launch the Excel Insurance Company shortly as required licenses/documentation stands done. Al-Karam, on (be other hand, is one of the largest textile concerns in Pakistan producing superior quality yarn, apart from having Amna Industries, Orient Textiles, Imran Crown Cork, Gul Agencies, Dabheji Salt Works and Pakistan Synthetics in its wallet. It owns a dairy-related establishment too by the name of Pakistan Dairy Products Limited. During Moeen Qureshi's tenure, Alt Muhammad was appointed Vice Chairman of Export Promotion Bureau.

19. The Bawany Group

Bawany dynasty was founded by two Bawany brothers, Ahmad Karim Ebrahim Bawany and Abdul Latif Ibrahim Bawany born in 1882 and 1890 respectively at Jetpur, Kathiawar, who had migrated to Burma towards end the end of 19th century and set up Ahmad Violin Hosiery Works in Rangoon. In 1947, they migrated to Pakistan. It was perhaps in memory of the Hosiery Mills at Rangoon that a company with the same name was incorporated in Karachi and is doing a flourishing business. The name Bawany has its origin in the name of an elder of the family, who was known for his honesty and hard work in home-town Jetpur. They were the first among the Memons to open a purchase office in Japan and nre currently active in textiles, jute, sugar, particle board, Oxygen, leather, garments, tanneries and cables Bawanis are known to have maite night investment decisions at the right time and their contemperaine still acknowledge them for his quality. Bawanis are known to have made right investments us the right time-something their contemporaries acknowledge.

20. The Servis Group

Shahid Hussain is the Chairman of this massive foot-wear giant whicb now is neck-deep in textile business too. Shahid has replaced Ch Ahmad Saeed (sitting PIA Chairman (as the Servis boss. Both Chaudhary Ahmed Saeed and President General Musharraf happen to be old friends from their Forman Christian College days. Ch. Ahmad Saeed's younger brother Chaudhary Ahmed Multhtar is a well-known Pakistan Peoples Party leader who has been the Federal Commerce Minister of Pakistan during one of the two tenures of two-time ex-Premier Benazir Bhutto. Ch. Ahmad Saeed's son Arif Saeed is Chairman APTMA Punjab and is siding with his Central Chief Waqar Munnoo against a huge number of textile gurus. The Servis Group operates in sectors like shoes, tyres, cotton yarn, leather, syringes and retailing. The political constituency of these politicians-cum-businessmen also happens in be the feud-ridden Gujrat district of Punjab where Ahmed Mukhtar sometimes emerges triumphant against President Pakistan Muslim League Ch Shujaat Hussain, and at times loses the support of voters for a National Assembly seat. It is this proximity with various regimes that the Servis Group bus been rated so highly. And then, even if alleged for a white-collard crime, these Servis guys remain relatively comfortable-courtesy their clout as a political-cum-business family.

21. The Tata Family

Do not confuse the Tatas in Pakistan with their name-sake market leaders in India. Having migrated from Nepal Mehboob Elahi started with a tannery in Bangladesh much before 1971 but his five Sons Mehboob lqbal 'Tata ( Chairman Jinnah Hospital Lahore). Riaz Tata (President FPCCI) Anwar Tata (Former Chairman APTMA), Khalid Tata and ljaz Tate together built 15 odd units, ably supported by the third generation scions like Shahid, Masud and Hasan Tata. Tatas are in textile spinning, weaving, denim, woven, knitwear, leather and energy business. Having annual turnover in excess of Rs 1.5 billion, this Chinioti family too traces its presence in business as early as 200 years from now. Bound in a cohesive bond, each of the Tatas heads a separate unit. The sitting Federation President Riaz Tata heads the Naveena Exports Division and despite having faced some tough times at the top slot in the apex body. Pakistan's key business leader is holding his throne tightly, though there have been occasions when he (Riaz Tata) seriously thought in terms of vacating office due to business pre-occupation. But the mammoth number of colleagues and friends around him barred him from doing so. The vintage Tatas overall lead unassuming life styles. They love to remain in low key but prove their worth when times demand.

22. The Alam Group

This establishment comprising three leather and two textile units is led by former President Karachi Chamber Shahzada Alam, elder brother of sitting Vice President FPCCI and Senior Vice chairman Pak-USA Business Council Arshad Alam. Messrs Leather Connections, a joint venture with a UK conglomerate, is one of those units managed by this group which happens to be Pakistan's largest exporter of value-added leather products. While Leather Connections is looked after by Arshad Alam's son Khurshid Alam, the textile arm of this group is supervised by Faraz Alam son of Shafiq Alam, the youngest Alam brother. The family has also made huge investments in real estate and stocks, within and outside Pakistan. While the younger creed looks after business, the elder Alams give time to their passion of playing ring leaders in the politics of the FPCCI and other business chambers. The group also runs an import/export entity by the name of Continental Traders, besides having recently set sails for investment in media too. Shahzada Alam gained more recognition when he went out airing strong resentment against the involvement of business institutions in country's politics. The Alams are an eminent Chinioti family in business for the last 150 odd years, known more for dominance in leather sector. COMPASS is the name of the philanthropic school for retarded and disabled children which the Alams operate in Gulberg Lahore sans any external assistance.

23. The Guard Group

The 87-year old Malik Shafi, decorated with Pakistan's highest civil award, still looks after numerous business entities with complete vigour. Eldest of his four sons is the former LCCI/FPCCI President lftikhar Malik who is also the sitting Chairman of Pak-US Business Council. The Guard Group deals in automotive parts, filters, brake fluids and other vital accessories of motor vehicles. The group has enjoyed monopoly in this business since 1959, when the government servant turned magnate Malik Shaft decided to enter business. Guard Rice, one of the largest exporters of this community around the world, is being run by Shafis youngest son Shahzad Matte who is also holding the slot of Lahore Chamber's Vice President. The' other two Maliks-Waqar and Shahbaz control the technical sides of their family business, apart from keeping an eye on this group's real estate & agricultural land holdings. Maliks are an Arain Punjabi family that also runs a few free hospitals and dispensaries. Malik lftikhar however, is keener with his hobby to be in limelight all the time and is perhaps Pakistan's most photographed tycoon. While people refrain from coming under camera when they grow in stature, Malik loves operating a Lahore-Islamabad shuttle service to sit next to anyone who is ruling. But then he delivers when needed

24. The Ejaz Group

This establishment owns country's largest knitwear-cum-dyeing facility at Lahore. More than half a dozen textile units of Ejaz Group are being run by yet another chinioti scion Mian Gohar Ejaz, son of late Senator Sheikh Ejaz. Gohar held the reins of this group very much during his college days when Sheikh Ejaz left for his heavenly abode after protracted illness that lasted months. Gohar is now a noted policy maker at both Federal and Provincial Textile Boards. He is one of the Boards of Governors at the Punjab institute of Cardiology Lahore. People started paying a heed to his leadership abilities in 1997, when he took on the APTMA grey-heads convincingly during the 1997 annual polls and narrowly lost to his opponent in fight for the top slot. Gohar then had led a rebellion comprising promising youth from renowned textile families. Against the hegemony of stalwarts including the likes of Messrs Tariq Saigol, Mansha and Jahengir Elahi etc. His younger brother Mian Faisal Ejaz is the son-in-law of Shahzada Alam Monnoo. He is yet another investor in mutual funds and real estate, though relies more on his obsession i.e. the textiles and his passion which is value-addition in this sector. The services Gohar has rendered for creating awareness with reference to value-addition are certainly quite meritrions.

25. The Tabani Family

The Tabanis are also deemed as one of the biggest groups associated with manufacturing, trade, export and import business. They are one of the few Pakistani industrialists holding massive stakes in Central Asian Republics. They own Pakistan's first private airline-Aero Asia. Yaqoob Tabani is this group's chairman. The fields of Tabanis' businesses include counter trade and barter transactions, textiles, fashion garments, leather, tourism, automobiles, shipping, power generation, oil and gas, metals, chemicals, fertilizers, cigarettes, cement and medicines. Tabanis have wings stretched everywhere. You name a business field and Tabanis are there. But despite all the clout it enjoys at the top levels, the family opts to remain modest. Ashraf Tabani, an elder Tabani, has served Sindh's Governor, Provincial Minister of Finance, Industries, Excise and Taxation between 1981 and 1984. He was appointed Honorary Administrator of the FPCCI during the 1971-1973 periods soon after Bhutto's Nationalization. Ashraf Tabani has also served as Chairman Employers Federation Pakistan, President Silk and Rayon Mills Association and former Chairman of Industrial Development Bank of Pakistan's Board of Directors. They are a leading Memon family, also engaged in funding various public welfare schemes. Though scandals can confront any industrial establishment of this size, Tabanis have been fairly lucky in evading them.

26. The Tapal Group

Is headed by Aftab Tapal. The group's success in tea business has astounded many. The journey of Tapal's remarkable success is the combined harvest of three generations of this family. In 1947, Tapal started out as a family concern under the supervision of Adam Ali Tapal. Faced with tough competition from very well known tea brands in the market, the Tapals dispelled the common impression that their capital base would soon be eroded. The company grew under Faizullah Tapal, whose son Aftab today brings a lot of innovation and marketing vision to make Tapal a household name. After having lived abroad, Aftab rushed hack home with flourishing ideas and introduced new concepts in the commodity that was first sold at Thomas Garway's Coffee House in London in 1657. Equipped with latest state-of-the art blending and tea-mixing paraphernalia. Tapal is today Pakistan largest tea company as its consumption runs into millions of cups every month, according to an estimate by this company's marketing division. In December 1997, Tapal Tea became the first Pakistani of its kind to have attained the ISO-9001 certification. Tapals are also known to have stakes in power generation business. But their tea makes the Tapals known to all. The group claims nearly 1.4 million cups of tea in Pakistan are made of Tapal every hour.

27. The Atlas Group

This group was founded by Yousaf Sherazi, a former Income Tax official and journalist in 1962 with a capital of Rs 03 million only. The first company set by the Atlas Group was Sherazi Investments (Pvt) Limited and since then, there is no looking back. The East Pakistan tragedy, however, nearly crippled Sherazi but he never lost hope and went out forming numerous joint ventures with leading Japanese concerns like Honda. Atlas-Honda today is a name to reckon with in country's engineering sector and associated with this just one name are hundreds of vendors. He holds stakes in insurance, financial services, information technology, leasing, warehouses, office equipment, motor cars and motorcycle-assembling units, besides running a renowned firm that manufactures batteries. Sherazi owns the Atlas Investment Bank too. The Federal Budget 2004-05 is perhaps the only budget in country's history that has hit the very influential car manufacturers on the head, otherwise people like Yousaf Sherazi have always managed to dictate terms where it matters. The Atlas Group owns no less than seven companies quoted on the stock exchanges of Pakistan. The group's assets are believed to have touched the Rs 15 billion mark and so have the sales.

28. The Abid Group

Is run by Sheikh Abid Hussain alias Seth Abid. He is one of the most resourceful developers/builders in the country owning vast stretches of land in major cities. On this land worth many billion of rupees, Seth has constructed residential schemes under the brand name of "Green Fort." Seth came into this business after decades of notoriety as being one of the spearheads in cross-border smuggling. While many remember Seth for his allegedly illegal trading stints, a lot of informed circles still say with conviction that he, along with Dr.Qadeer and former Premier Bhutto, was the brain behind the success of Pakistan's nuclear programme. About three dozen of Seth's very close relatives, friends and nephews are members of country's bourses and for many years now, the Seth Abid group assumes the role of king-makers during the annual polls of these stock exchanges. He is a leading investor in stocks, metals and currency but what gives him immense pleasure is his philanthropic institution Hamza Foundation that he sponsors for the welfare of deaf and dumb children. Pakistan has not had a single ruler, politician, bureaucrat or Army General who doesn't know the Seth who is more of a myth for most. The Seth, throughout his life, has avoided publicity-a fact known to most journalists.

29. The Sheikhani Family

They are one of the most reputed land developers in the country. The Sheikhani, although not a very big industrial establishment by any means, are led by Abu Bakar Sheikhani. The Sheikhanis are famous for their construction and land development-related errands. Abu Bakar is deemed to be one of the largest investors in real estate trade at Gwadar Port. He has all the right connections that are required to be in such business. Despite being well known to the national political circles, the man in street knew more of him during March/April 1991 when he surfaced as the single largest contributor to then Premier Nawaz Sharif's Debt Retirement Fund with a donation of Rs 450 million. Today, his adversaries dub him a land mafia man, alleging him for selling his Gwadar land at only $ 4000 per acre only to senior Army officials while the same was being sold at $ 2,50,000 per acre to ordinary investors. But that is the way Sheikhani runs his vast land/construction empire. Accusations don't disturb Sheikhani, who according to many large developers is a man who has managed to create tremendous impression in land business. The rumours of his landing in any Pakistani City for land acquisition purposes, helps the price of real estate surge unprecedently overnight.

30. The Dadabhoy Group

Abdul Ghani Dadabhoy was the founder of Dadabhoy group, starting in trade and branching off into the construction business. The group has a big share of cement market in Southern Pakistan. Memons by clan, Dadabhoys are closely related to the Bawanies. Abdul Ghani Dadabhoy had five sons and two daughters, namely Noor Mohammad Dadabhoy, Mohammad Farooq Dadabhoy, Mohammad Hussain Dadabhoy, Abdullah Hussain Dada Bhoy and Ghulam Mohammad Dadabhoy. Daughters are Mrs Mehrunisa Jaffer and Mrs Zaibunisa Tanveer. This Group has massive investments in cement, energy, construction, leasing, polyester, banking and insurance etc. Dadabhoys are seasoned campaigners and perhaps do not like being brought into any sort of reckoning like the Habibs. Despite being a formidable business entity, this family is deemed to be extremely reluctant throughout its history, when it comes to flashing headlines, but mind you these unassuming Dadabhoys are still news-worthy. Any good day, you might hear them doing something new. Stock pundits know a lot more about their past stints at the country's bourses.

31. The Bahria Town (Pvt) Limited

Malik Riaz Hussain heads the massive project which is currently developing state-of-the-art schemes in Lahore and Rawalpindi/Islamabad. Though Malik Riaz may not be having a very renowned name in business circles, fact has it that the value of his land-holdings both within & outside Pakistan amounts dozens of billions of rupees. Emerging out of the blue, this developer has reportedly developed tremendous connections where it matters in Pakistan-One of the few reasons why his constructed projects get completed in time without hindrance. Whether he has gifted bungalows free of cost of country's bigwigs or offered them at highly concessional rates, the reality on the ground is that Malik has managed to mesmerize most through his generous wallet. Possessing no convincing financial background, Malik Riaz is known to have been benefited immensely-courtesy patronage of former Pakistan Navy chief admiral retired Mansoor ul Haq. Others say both Malik and the admiral had stuck a $ 200,000 deal but the man behind the Bahria Town is least moved and irrespective of who is in power; he continues to build house after house-swelling his wealth. And then he is happy being a sponsor for many-welfare parties held under patronage of the ruling elite.

32. Adamjee Group

The seed of the formidable Adamjee Empire was sown by Haji DAwood in 1896 by establishing a commodity trading company. His son Sir Adeamjee, Haji Dawood went out building a match factory, second largest of its kind then, in 1923 at Rangoon (Burma). By 1947 Adamjee Group wan the biggest exporter of jute from Calcutta. During Bhutto's nationalization, they lost the Muslim Commercial Bank & stakes in the Mohammadi Steamship Company, leaving then with only Adamjee sugar Mills and Adamjee Cotton Mills, Karachi. Toda, they own the KSB pumps, besides having poured money in paper flooring, diesel engineering, construction centre, garments, general trading, insurance and chemicals etc. one of the biggest names in 1970's, the Adamjee some-how failed to keep hold on Pakistan's largest insurance companies. The Adamjee Insurance Company is one of them, which still has around 70% of country's total insurance business & is the most internationally reputed and accepted Pakistani company of its kind.

33. Jahangir Siddiqui& Co

This firm has floated ABAMCO which is perhaps the largest mutual fund in Pakistan's capital market arena. The firm offers full financial services in the securities industry. ABAMCO is a joit venture among major Pakistani and foreign institutions including International Financial Corporation (IFC) headquartered in Washington. Muslim Commercial Bank, Saudi Pak Commercial Bank & Messrs AMVESCAP, which is a British company created through the merger of the AIM Management Group with and into a subsidiary of INVESCO which is one of the largest asset managers on the globe having assets worth approximately $ 348 billion under its direct management. While the Munawwar Aslam Siddiqui is the Chairman of this apex capital market operator, Najam Ali sits in the Chairman's office of the Jahengir Siddiqui and company. The Pakistan Credit Rating Agency (PCRA) has awarded heartening long and short term ratings to this concern. ABAMCO was incorporated in 1995. ABAMCO is the first asset management company in the private sector in the country. MCB, with a deposit base in excess of Rs 182 billion & operating with a network of 257 on-line branches too has played a major role in ABAMCO's success.

34. The Din Group

The group is headed by S.M.Muneer, former president of FPCCI and that of the Karachi Gymkhana. He is vice chairman of Muslim Commercial Bank too.Muneer's din Group is engaged in textiles and leather business mainly, though this Chinoti family has also made massive investments in real estates and stock business too.Muneer has been active in few political tenures too, as the former two-time prime minister Benazir Bhutto had appointed him Minister of state along with Mian Habibullah, another Chinoti who has headed the FPCCI too. Though people still remember Habibullah as having served as Chairman Export Promotion Bureau during Benazir Bhutto's regime, they tend to forget that time had come when Muneer also shared EPB's Fairs and Exhibition Division with him.Muneer's son SM.Tanveer is a key figure at APTMA Punjab Zone. He is a busy bee in business politics. Despite hectic life schedule, he still manages to take time out and play an active role at prime business bodies in one way or the other.muneer has a visible instinct to be district-a passion that has helped him rise to all heights. At Din Textiles, the entrepreneurs have strived to produce nearly 1000 shades by mixing dyed cotton.

35. The Adil Group

Mian Adil Mehmood, who is married to Mian Mansha's niece, is in textiles business mainly, but what has actually helped him climb the ladder of fame and respect, have been his untiring efforts to resolve the problems of bank defaulters under Governor State Bank of Pakistan, in collaboration with country's Development Financial Institutions (DFIs) all of which has resulted in revival of sick induxtries. Both defaulters & banks appear indebted to Adil as he has visibly save one party from a possible action & other from spending millions of rupees on lenghthy litigation. Along with Mian Usman, Adil was appointed member Governor SBP, s Dispute Resolution Committee on Defaulted Loans in 2001 and since then he has been flying between Lahore & Karachi to provide respite to some 700 defaulters meaning thereby that he has been catalyst in helping banks recover billions of rupees from their stuck up credits. Adil is also senior Vice Chairman APTMA Punjab zone. By vitue of the honorary slots he holds, this Chinoti magnate has been one of the most sought after businessman in the country of late, despite him chanting the merit slogan. Like most of his contemporaries, he too has excelled in philanthropic services. Free eye-treatment is what his charity specialises in.

36. Chenab Group

Mian Muhammad Latif supervises this group along with his brother Mian Ashfaque- a legislator in the National Assembly of Pakistan. Founded in 1975, Chenab Limited set up its first fashion outlet "Chen One." Chen One has seven outlets throughout Pakistan. After establishing its retail chain stores in various cities of Saudi Arabia, the group is now planning to establish its new retail chains in Bahrain, UA.E, Qatar, Kuwait and Central Asian Republics. While Chenab Group is an eight-time Export Trophy winner, its Chief Mian Latif has won the 'Businessman of the Year award on four different occasions from various business bodies. Chenab is principally engaged in manufacture and distribution of clothing, furniture goods, including non-iron suit, quilt cover and curtains etc. Chenab processes 50 million square metres fabric weaving and 75 million square metres fabric dyeing every year and has established a global sales network spanning across five continents. Chenab is licensed to the Swedish Texcote Technology in the manufacturing and sale of textile materials, garments and textile house-hold goods. In August 2003, the Chenab Group signed a Rs 900 million loan facility with the National Bank of Pakistan. The group's textile products have been awarded the Oekotex 100 accreditation.

37. Sitara Group

Started its activity with textile weaving as early as 1956, under brothers Haji Abdul Ghafoor and Haji Bashir Ahmed. It is now its textile cloth finishing and processing, textile spinning, chlor-alkali sector and in power generation. The units owned by this establishment include Sitara Chemicals, Sitara Chemicals (Textile Division 1) and Sitara Chemicals (Textile Division 11), Sitara Textiles, Sitara Energy and Yasir Spinning. The charities being managed under the aegis of Sitara group are Aziz Fatima Hospital, Ghafoor Bashir Children Hospital and Aziz Fatima Girls School. Sitara's name with the industrial City of Faisalabad is synonymous. They are the decades-old veterans in business, who have excelled in leaps and bounds. At their units, the owners of Sitara use technology imported from Japan, UK and Germany and are export leaders in bedding and fabric collection to South America, USA, Canada, New Zealand and Europe. Their textile divisions together operate at strength of 33,984 spindles. The Sitara (group, to a common man, is more famous for its lawn brands like Sitara Sapna and Mughal-e-Azam. The men at helm of affairs in Sitara hardly believe in setting up dozens of units, of which they are otherwise very much capable of.

38. The Colony Group

Mian Muhammad lsmaeel Sheikh, who laid the foundation stone of this group, set up his first factory in 1898, first flour mill in 1908, taking Colony Group's total tally to 14 ginning factories and 4 flour mills by 1947. The group suffered heavily during Zulfiqar Bhutto's nationalization and it was left only with a few textile mills, flour mills and ginning factories. Though Sheikh Ismaeel's heirs could not manage to take Colony's name to the top, they have had an excellent time. But despite their share of hard luck, Colony Group's owners that still run some jute, textile and financial companies. Colony Textile Mills was the first unit of its kind to go into operation in independent Pakistan. Ismaeel Sheikh's sons Aziz, Naseer, Farooq and Mughis have also been active in politics. They once owned equities in newspaper and a few of them even went out contesting elections in 1970. These Colony people, many thought, could have scaled far more greater heights, because the kind of start they had in business falls in the lap of very lucky people only.

39. Arif Habib Securities

This company is owned by Chairman Karachi Stock Exchange (KSE) Arif Habib. It is one of the largest brokerage operations on the bourse. One of its subsidiaries-Arif Habib Investment Management Limited-specialises in mutual funds. By 2001, this concern was listed on all the three stock exchanges. Since its inception, Arif Habib Securities has been one of the best-performing and most profitable brokerage houses in the country, helping its net profit jump to Rs 751.9 million by almost 200%. At the same time, the overall capital base of this firm had almost doubled to Rs 1415.1 million till 2003. Recently, Arif went out slating the imposition of 0.1 per cent Capital Value Tax on turnover and managed to get it slashed through negotiations with the government. Operating with numerous high-worth clients, Arif Habib has won it all through the reputation and connections he has managed to build since 1989. Arif's success is also attributed to the generous per centage of cash dividend and bonus issues that he believes in announcing regularly. The company's assets had surged from Rs 73.54 million in 1997-98 to Rs 2178.95 million by 2002-03, while earning per share had soared from 3.72 to 12532 during the same corresponding period.

40. Kassim Dada

Kassim Dada, hails from a 19th Century Memon business family known to have possessed the vision of international trade when most of their contemporaries were rather naïve on this count. This family had offices in Burma, South Africa and countries of the Far-East long before 1940. Dadas, have held decisive positions at the Karachi Stock Exchange and own shares of various Pakistani and foreign monopolies without creating any hype. Kassim Dada's family is known to have held major local equity in multinationals like Glaxo SmithKline, Brook Bond and Berger Paints, besides being the sponsoring directors of Messrs Hyderabad Electronics, Automotive Battery Limited and Interfund Bank etc. Kassim Dada is one of the few Pakistani Tycoons who used to fly on private planes from Karachi to his cement plants in Hyderabad. It was this family which had hired Mahatama Gandhi as a solicitor in 1890 to contest a business case in South Africa. Dada, was once a symbol of wealth.

Wholesale Sources for Wholesale Closeouts

2011-07-18T22:32:00.000-07:00

After the invention of internet online shopping is considered one of the best modes of getting things at very competitive rate at our door step. Businesses looking for wholesale goods from closeouts can obtain them easily from a liquidator. Retail stores and small time sellers, or even people wanting to start up an eBay store can buy products from liquidation sources. There are many suppliers online ready to start providing quality products to meet your needs.

Rhino Mart is the internet source for wholesale products, overstock items and liquidations. Featuring an amazing selection of wholesale clothing, watches, handbags, wholesale jewelry, shoes, flip flops and many other products Rhino Mart is the internet destination for great discount prices on overstock items. You name it and Rhino Mart has it... electronics, household appliances, cleaning supplies, musical instruments, toys, tools and much more.

You can find one of the best wholesale accessories from around the globe here at your trusted accessories wholesaler. They have got it all wholesale designer accessories for the discriminating customer, such as wholesale belts, hair goods, handbags, jewelry, sunglasses, luggage, undergarments, scarves and ponchos. Improve your bottom line with these great products priced at deep discounts. Their top quality overstock and liquidated accessory products will give your inventory budget a breather.

Pakistan's Forex Reserves Ease to $18.11 Billion

2011-07-15T23:57:00.000-07:00

Pakistan's foreign exchange reserves eased to $18.11 billion in the week ending July 10, from a record $18.25 billion the previous week, a senior central bank official said on Thursday. Reserves held by the State Bank of Pakistan (SBP) fell to $14.64 billion from $14.79 billion a week ago, while those held by commercial banks edged to $3.47 billion up from $3.46 billion, said SBP chief spokesman Syed Wasimuddin.

"The decline in reserves during the week is due to scheduled debt repayments," said Wasimuddin. Pakistan's foreign exchange reserves were boosted in June by inflows of $411 million, including a loan of $191.9 million from the World Bank, and another loan of $196.8 million from the Asian Development Bank.

Higher export proceeds and a record inflow of remittances have helped Pakistan's forex reserves grow steadily. According to official data, remittances rose to a record $11.2 billion in 2010/11 fiscal year, an increase of 25.77 percent compared with the same period last year. In May 2010, Pakistan received $1.13 billion in the fifth tranche of an $11 billion International Monetary Fund (IMF) bailout programme. The two sides are due to meet this month to discuss the possible release of the sixth tranche, though no official date has been decided.

Omegla and Chatroulette

2011-07-15T02:45:00.000-07:00

The Internet can now be accessed almost anywhere by numerous means, especially through mobile Internet devices. Mobile phones, data cards, handheld game consoles and cellular routers allow users to connect to the Internet from anywhere there is a wireless network supporting that device's technology. Within the limitations imposed by small screens and other limited facilities of such pocket-sized devices, services of the Internet, including email and the web, may be available. Service providers may restrict the services offered and wireless data transmission charges may be significantly higher than other access methods.

iMeetzu.com is a website that allows you to meet and chat with strangers online, similar to omegle and chatroulette. However, iMeetzu.com also adds a social network so that users can save their favorite new friends. You will need to register and create an account, which will then allow you to save your favorite conversational contacts, hot girls, and other such peoples, as well as interact with them via comments and messages. Heck, you can even send your dream girl a gift! Of course, you will also be able to create your very own public iMeetzu profile, which you will be able to show off to all your jealous comrades, at least until they take the time to make one themselves.

IFRS: Blessing or Curse For USA

2011-07-14T05:24:00.000-07:00

United States of America is going to adopt International Financial Reporting Standards. Major advantages include

It would make the financial statements of U.S. companies more comparable to those in other countries.

It would help capital from investors and banks flow more smoothly around the world.

American filers would be able to use more judgment in preparing financial information.

It would provide substantial benefit to some companies and, despite considerable expense, little or none to others.

It helps more freely move accounting staff from country to country and business to business.

Stainless Steel Kitchen Sinks

2011-07-12T22:28:00.000-07:00

The stainless steel sinks are most commonly used in kitchens. These should be easily matched well with most appliances and easy to maintain. Good quality stainless steel kitchen sinks should be made from high quality steel with standardized Chromium to Nickel content ratio. Stainless steel kitchen sink has been increasing in popularity as people like the modern look they have. They are easy to clean, and as durable as porcelain. These sinks come in a wide variety of styles that match well with any contemporary home.

Stainless steel kitchen sinks are the most popular choice for today’s kitchens due to its clean look and durability. The beautiful brushed satin finish helps to hide small scratches that may occur over the lifetime of the sink. Our Stainless Steel sinks are made from high quality 16 gauge steel, which is 25% thicker than 18 gauge. Most models are made of one piece construction that ensures the sturdiest kitchen sink you will find. Our sinks are made from 304 steel with an 18/10 chromium/nickel content and are guaranteed not to rust or stain. Each sink is fully insulated and has a sound dampening pad. Our stainless steel sinks are backed by a limited lifetime warranty. Each sink comes with a cardboard cutout template and mounting hardware

MR Direct sells "Mr Direct" brand kitchen sinks. Their customers buy from them because they are better business bureau accredited, offer same day shipping, and offer extremely low prices.

Karzai’s Brother Killed by Guard in Kandahar Home

2011-07-12T01:51:00.000-07:00

The half-brother of Afghan President Hamid Karzai was assassinated by one of his security guards inside his house in Kandahar on Tuesday morning, a political killing that will reverberate widely through the country and could destabilize a key region in the U.S. military’s campaign against the Taliban, according to witnesses and Afghan officials.

Ahmed Wali Karzai, the head of Kandahar’s provincial council who was widely considered the most powerful man in southern Afghanistan, had been meeting with tribal elders and politicians in his heavily fortified home in downtown Kandahar city when a security guard walked into his meeting room and requested a private discussion, according to two people at the house at the time. Karzai and the guard left for another room, and shortly afterwards three gunshots rang out.

Agha Lalai Destegeri, the deputy provincial council chief, who had been meeting with Karzai Tuesday morning, said he heard the gunfire and rushed in to find Karzai shot in the head, chest and hand.

Karzai’s other guards entered the room and shot and killed the gunman. His entourage drove the bleeding Karzai a short distance across town to Mirwais Hospital but he did not survive, Destegeri and other Afghan officials said.

“He was the number one man in Kandahar,” said Mir Wali Khan, a former parliament member from Helmand province who was at Karzai’s house at the time of the shooting. “We expect now the security of Kandahar will get worse, and the fighting among the tribes will grow stronger and stronger.”

Khan and Destegeri identified the shooter as Sardar Mohammad, who was from the Dand district of Kandahar province. They did not know how long he’d worked with Karzai, who employs a large team of guards and lives on a street barricaded by concrete blocks and manned by police.

Karzai has long been a controversial figure in Afghan politics. He rose to prominence as his brother assumed the presidency and profited off his position to establish a powerful grip on Kandahar, the home of the Taliban insurgency. He was regularly accused of participating in the opium trade and profiting from private security companies. He always adamantly denied these accusations and described them as motivated by his political enemies, of which there were many. Unlike the often tranquil atmosphere at the governor’s office, Karzai’s Kandahar home was a hive of activity, and clearly the center of political power, as tribal leaders, politicians, American diplomats and soldiers, came for his help and counsel.

Sales Coaching

2011-07-10T22:31:00.000-07:00

A sale can take place through direct sales, involving person to person contact, Pro forma sales, Agency-based (Sales agents , Sales outsourcing through direct branded representation, Transaction sales, Consultative sales, Complex sales, Consignment, Telemarketing or telesales, Retail or consumer), Traveling salesman (Door-to-door methods, hawking), Request for proposal (an invitation for suppliers, through a bidding process, to submit a proposal on a specific product or service. An RFP usually represents part of a complex sales process, also known as "enterprise sales"), Electronic (Web – Business-to-business and business-to-consumer, Electronic Data Interchange (EDI) or through Indirect, human-mediated but with indirect contact and sales coaching.

However, among all sales through consultants are one of the best mode of selling our products and services. If you’re looking to hire a sales consultant, then you’ve come to the right place. Sales Overdrive is a sales consultancy focused on integrating a vast number of targeted services and sales accelerators, each with supporting processes and methods proven to be best-in-class over fifteen years of successful client experience. Their end-to-end business-to-business sales consulting solutions and sales coach team are tailored to your specific needs. Their clients see enormous returns on investment, and we can do the same for you.

Over 10,000 Pakistanis Applied For Asylum Last Year

2011-07-10T22:09:00.000-07:00

More than 10,000 Pakistanis (10,825 to be exact) filed applications for asylum in 44 countries last year. However, this year there has been a 4per cent decline in the trend, taking the country to the eighth spot in terms of number of asylum seekers.According to a report of the UN refugee agency, 11,287 Pakistanis sought asylum in industrialised countries in 2009. But the country’s share vis-à-vis the total number of asylum seekers remained 3.1 per cent.

A total of 358,800 asylum applications were lodged in industrialised countries in 2010, which was 5 per cent fewer than in 2009. According to the data published in ‘Asylum Levels and Trends in Industrialised Countries, 2010’, by UNHCR on Monday, 6388 Pakistanis filed applications during July-December period as compared to 4,437 in January-June period.

Greece received the highest number of applications for asylum from Pakistanis, totalling 2748, followed by United Kingdom (2,115), France (890), Italy (814), United States (551), Canada (492), Australia (433), Austria (276), Ireland (200), South Korea (129), Switzerland (92), Japan (83), Spain (63) and the Netherlands ((60).

New countries where Pakistani nationals have filed asylum applications include Bulgaria, Croatia, Finland, Denmark, Hungary, Malta, New Zealand, Poland, Romania, Serbia (excluding Kosovo), Slovakia, Macedonia and Turkey.

UNHCR defines an asylum seeker as an individual who has sought international protection and whose claim for refugee status has not been determined. A person is considered a refugee if he or she fulfils criteria set out in the 1951 Refugee Convention, explains UNHCR.

In its report, the UN agency did not discuss circumstances which led people to seek asylum in industrialised countries. For Pakistanis, security situation, unemployment, poor economic conditions, lack of facilities and social injustices could be the main factors behind their decision to seek asylum in other countries.

The top five countries in this regard were Serbia (28,901), Afghanistan (24,769), China (21,645), Iraq (20,129) and Russian Federation (18,924).

New figures compiled in the report have shown a dramatic fall in the number of asy lum seekers in industrialised world over the last 10 years. A total of 358,800 asylum applications were lodged in industrialised countries in 2010, which was 5 per cent fewer than in 2009.

The top five asylum receiving countries in 2010 were the United States, France, Germany, Sweden and Canada. Together, they accounted for 56 per cent of all asylum applications.

UNHCR says it needs to study the root causes to see if the decline is because of fewer push factors in areas of origin or tighter migration control in countries of asylum.

Xlife Insurance

2011-07-08T23:38:00.000-07:00

Life insurance is important in protecting the financial well-being of your family and loved ones in the event that you pass away. It pays a lumps sum to your beneficiaries or to your estate. If you would like to compare life insurance quotes then looking online may be your best option. You can look at term life insurance policies and see which one best suits your needs. xlife offers up to 20% off all life insurance policies and compares life insurance for free!

In Australia, income protection insurance provides up to 75% of your income should you become ill or injured. Income protection can help pay your mortgage, rent, and living expenses. It also offers peace of mind knowing that if something tragic was to happen, you and any loved ones would be equipped with income to cope financially. xLife compares income protection insurance Australia wide and also offers up to 20% off.

Personal insurance in Australia refers to policies such as term life insurance, income protection insurance, and trauma insurance. Life insurance is important in protecting the financial well-being of your family and loved ones in the event that you pass away. It pays a lumps sum to your beneficiaries or to your estate. Income protection insurance provides up to 75% of your income should you become ill or injured. Income protection can help pay your mortgage, rent, and living expenses. Trauma insurance or trauma cover pays a lump sum in the event that you suffer from a medically diagnosed disease or condition as specified in a life insurance company’s product disclosure statement (PDS). xLife offers free personal insurance quotes, to help you find the best personal insurance quotes to suit your needs.

Telecommuting - an alternative

2011-07-01T22:20:00.000-07:00

Emerging technological phenomenon called telecommuting (or telework) is changing focus from physical presence at the primary work site to what an employee can deliver. While the concept of telecommuting has been in existence for some time, the technological tools available today are making it possible to practice it more productively. The trend has steadily grown over the past two decades in the developed world.

Elsewhere, “Businesses that let 100 employees work half of their time from home can save more than $1 million a year’ according to Telework Research Network's latest study of telework programs and their benefits. This alone is one big incentive for local businesses to take advantage of the telecommuting work model.

In a job market where it is tough for employable workforce to find regular jobs what to talk of telecommute, the trend has yet not started. It is in this context that the telecommuting phenomenon is viewed here.

What is telecommuting? This is a work practice made possible by use of telecommunication and collaborative technologies to facilitate work at a site away from the traditional office location and environment. Employees enjoy flexibility in work place and time (within certain limits) and save the daily commute to a central place of work. The focus is that "work is something you do, not something you travel to".

Let me hasten to add that telecommuting is not only for computing related fields as it wrongly perceived sometime. Even a semester living stitching shirts for a foreign-based concern can be telecommuter rather than a contractual worker. Also there is a difference between freelancing, contract work and telecommuting.

The availability of bandwidth and fast Internet connections, social methodologies for balancing work control and work freedom, the perceived values and economies in telecommuting, the opportunities and need for working collaboratively are some of the factors that should be considered to view possibilities of the telecommuting picking up in our country.

Pakistan so far is a less connected country. Despite all whirls we are going through, majority of the areas are still without Internet coverage. Teledensity has increased but is far from being adequate. Corporate Pakistan has not yet embraced IT, exceptions (some of them very good) notwithstanding. No effects can be seen on ground or in term of revenues in the account books. What has been achieved by Pakistan IT industry and some end user futuristic concerns so far is nothing more than a scratch on the surface. Reasons are many: Resistance to change and lack of trust in technical solutions for business processes that has diverted IT employment from raising productivity by revolutionizing production methods and techniques and taping human resource potentials through cooperation and collaboration; tasks what IT is best at.

Moreover, the latest technologies have not been made use of due to lack of a standard business culture of strategic thinking and planning. These factors are inimical to the long-term investment in time and resources needed for IT to develop and deliver.

Another impediment that seems standing in the way of telecommuting picking up in Pakistan is societal rather than technological. In a number of ways corporate sector seems to have distrust in IT solution what to talk of shared ones. Dr. Professor Manzoor Ahmed, an international marketing expert, opines, "The generation at the helms of business affairs, mostly family run, thinks that what has been working for them in the past is good enough. They hesitate to take new incentives into the untested area. The strength of this social impulse reins back the widespread IT employment in any area." Other limitations with the flexible trend are poor or lack of necessary infrastructure, illiteracy, slow speed or non availability of Internet access or things like electric shutdowns."

Let us have a look at the users' base. The majority of the online community in our country is of medium users. This group includes everyone from those ‘whiz kids’ with ambitions and degrees from IT institutions and international certifications to self-taught - experienced professionals in their own respective fields - who have learnt to use the IT facilities at their own later in life. These users can perceive the modern technologies as a great leveler to work and make their lives better. But they do not find very many openings when it comes to putting their skills and experience to work on ground.

As of today, no university in Pakistan is teaching telecommunication courses to its business students. This subject should be included in all business programs as is being done in reputed business schools abroad. This will empower young graduate from local universities to take telecommuting opportunities abroad now and in local market when they come up in future.

Pakistan has a world-class workforce. Local businesses should plan to plunge in to telecommuting boldly. They already have opportunities of learning from the successful experiences in the developed countries by closely examining the work methodologies being implemented with success and at much lower costs. Before that, the public sector should focus on improving infrastructure and ensuring uninterrupted supply of bandwidth, electricity and telephone everywhere. The potential employees should start learning and be ready to take up the openings when they come by. Meanwhile, all stakeholders should take extensive confidence building measures in the employment of information technology.

Hopes are that demand driven telecommunication will pick up here and Pakistan corporate sector will become telecommuting friendly. One wishes to see it happen as soon as possible. This has not started happening yet though.

Lali Khalid Photography

2011-07-01T22:17:00.000-07:00

Have a look how Lali Khalid plays with lights and makes any subject a work of art. Comments here.

Aprons

2011-07-01T22:16:00.000-07:00

We all are so very well familiar with apons - one of the most useful items at home or work. We all have seen aprons clad ladies picking up hot dishes, feeding children, moping the floors or the medical staff that reminds about healing hands, or the sky queens serving you hot coffee while your are flying to your destinations. Also you might have seen garden parties where everyone hangs out in apron self cooking.

Product Impex offers a wide variety of aprons, including Bar Aprons, Bip Aprons, Bistro Aprons, Butcher Aprons, Cobblers Aprons, Dish Washing Aprons, Economy Aprons, Four Way Aprons, Kids Aprons, Money Pouch, Tools Aprons, Tuxedo Aprons, Vinyl Aprons, V Neck Aprons, Waist Aprons and Waterproof Aprons to name just a few. Most of Product Impex apron categories overlap and can be used for multi purposes.

What is more, Product Impex can make this most functional item called apron a fun. Ask them and they will add funny sayings and cartons, famous quotes and best of all your message or a logo and you can use them as promotion item. Have you thought of using aprons to make the work place lively or to reach out? No one can miss to view what is so funny about any nicely styled apron in any setting. Think of aprons in your own settings.

Christine Lagarde - New IMF Chief

2011-07-01T00:00:00.000-07:00

Despite all the talk of an “open, merit-based and transparent” contest, there was little reason to doubt that Christine Lagarde—France’s finance minister, a former head of a big global law firm, and one-time member of her country’s synchronised-swimming team—would get the top job at the IMF. The European Union, whose members control around a third of the votes on the fund’s board, had united behind her as soon as she entered the fray.

Emerging markets made much of their desire to see a non-European take the job but conspicuously failed to rally around her only rival, Mexico’s Agustín Carstens. All that remained was for America formally to throw its weight behind Ms Lagarde. It did so on June 28th, and soon after the fund’s board confirmed that she would be its 11th managing director.

In most ways, her appointment is in keeping with past practice. Like all ten managing directors who have preceded her, Ms Lagarde is European and got the job largely because of support from the fund’s rich-world shareholders. But there are some differences as well.

Ms Lagarde will be the first woman to run the IMF. Given that the position opened up because the fund’s last head, Dominique Strauss-Kahn, was charged with attempted rape, this is no bad thing. More importantly, and unlike previous IMF bosses, Ms Lagarde takes the job when Europe itself is the fund’s biggest client. Establishing and maintaining her independence from her former euro-area colleagues—whose support was crucial to her landing the role—will be a more important task for her than for her predecessors.

That will determine whether she succeeds in fulfilling the vision she outlined in her first official comments after being selected. In those remarks, Ms Lagarde stressed that she would seek to ensure that the IMF was “relevant, responsive, effective and legitimate”. On the first two counts she should have a relatively smooth ride. The IMF’s relevance may have been in doubt during the boom years but the crisis has seen it return decisively to centre stage. Contributions from its members have tripled its pre-crisis lending capacity, which now exceeds $750 billion. This increased firepower has allowed it to respond swiftly in 22 countries since the crisis. Having more money has also enabled it to offer financing on more flexible terms than before.

Oakley Sunglasses

2011-06-30T23:44:00.000-07:00

Sunglasses or sun glasses are a form of protective eyewear designed primarily to prevent bright sunlight and high-energy visible light from damaging or discomforting the eyes. They also help cancel out harmful UV rays from the sun. They can sometimes also function as a visual aid, as variously termed spectacles or glasses exist, featuring lenses that are colored, polarized or darkened. Many people find direct sunlight too bright for comfort during outdoor activities. Healthcare professionals recommend eye protection whenever the sun comes out to protect the eyes from ultraviolet radiation (UV) and blue light, which can cause several serious eye problems. Sunglasses have long been associated with celebrities and film actors primarily from a desire to mask their identity. Since the 1940s sunglasses have been popular as a fashion accessory, especially on the beach.

Oakley Sunglasses is the leader in performance eyewear. From the Iconic Frogskins to the Sporty M Frame everyone wants a pair of oakley sunglasses. Shawn White, Juan Pablo Montoya, Lance Armstrong and more. Oakley sponsors the tops name in Americas favorite sports. Zephyr Sports offers Free Shipping on all order over $25. A wide range of sunglasses and discount oakley sunglasses are also available to Police and Military personnel.

Economic and Business Updates - From 6th to 12th June, 2011

2011-06-14T02:18:00.000-07:00

SINDH Assembly unanimously passes the Thar Coal and Energy Board Bill, 2011 into law aimed at utilising huge coal reserves to meet the country’s soaring energy demand and attracting foreign investment in coal mining and power generation projects in the province.

OWING to rising public sector development constraints, the government decides to constitute a 10member high-level interagency forum to pursue implementation of major infrastructure projects by the private sector, particularly involving international firms, to reduce delays and cost overruns.

THE Audit Report 2010-11 on the accounts of Water and Power Development Authority shows that only four power supplying companies Gepco, Fesco, Iesco and Lesco — are making profits while other 10 companies incurring losses.

THE net revenue effect of the taxation and administrative measures will be around Rs23 billion during the fiscal year 2011-12.

THE federal cabinet directs the finance ministry to withdraw free electricity facility to about 176,000 employees of Wapda/Pepco, a longstanding demand of the lawmakers.

CHINA’S Three Gorges Project Corporation has proposed a $15 billion hydropower scheme to Pakistan to dam the Indus river valley at several points in a project aimed at controlling floods and tackling electricity shortages, reports Financial Times.

THE Sindh Assembly unanimously passes into law the Sindh Sales Tax on Services Bill, 2011, enabling the provincial government o levy and collect sales tax on services from July 1.

FBR Chairman Salman Siddique admits that tax evasion hit 79 per cent in current fiscal year and says it will have to be reduced to achieve the revenue target set for 2011-12.

THE board of directors of the Karachi Stock Exchange decides to allow individuals to lend in Margin Trading System with 10 per cent tax rate as full and final.

THE 200-page Flood Inquiry Commission report discloses that the country suffers a loss of Rs855 billion, which is 5.8 per cent of GDP in 2010-11.

THE government decides to change the composition of the Planning Commission and will induct as members one nominee of each province to formulate national plans in line with their provincial development and planning priorities.

THE federal cabinet allows the finance ministry to set up independent commissions to analyse expenditures and removal of disparity in allowance structure.

AUDITOR General of Pakistan detects irregularities, embezzlements and mismanagement of Rs3.16 billion in Post Office Department.

Exotic Flooring

2011-06-14T02:07:00.000-07:00

Maintaining a home is fine art. Choosing the right products, whether for a new house project or renovation, you need to know how floor will look while in place. Flooring can be best done in solid wood and being the hardest and most durable woods. Thanks to Hardwood Flooring Unfinished - a company specializing in unfinished hardwood flooring - that they offer a great range of Solid Oak Flooring. What is more, they offer the best prices and quality. Engage them and you will have guaranteed satisfaction. Easy Step Flooring also offers advice.

Explore their neatly laid out and information rich site and see what they are offering unfinished domestic flooring and how. Have a look at their Products and Online Store section and choose what suites your taste. Given my personal preference.

They have been selling and installing hardwood, laminate flooring, and stair parts since 1992. All main offices, showrooms, and warehouses are located in Florida, but ever since retail expanded to the internet, we have grown greatly and presently have 70 warehouses, ports, and mills in the United States. Their presence allows them to ship all over the country and to foreign markets. They have become a national leading online seller of unfinished and unfinished exotic flooring and of factory seconds, or value flooring. Our unfinished and exotic hardwoods are shipped directly from ports, finishing plants, or mills, allowing us to cut prices and still offer warranties. About $30,000 is sold per day in flooring and stair treads.