"At the epicenter of Pakistan's internet
beginnings in 1996 Net Access today has emerged as the leading software developer solely
for the Internet/Intranet arena. Net Access' client list include 70 plus corporate clients
all of them blue-chip multinationals. Founded by Faisal Khan and six other
enterprising enthusiasts Net Access has a partnership with Pakistan's largest brokerage
firm, Jahangir Siddiqui & Company. Net Access specialises in analysis, development and
training of browser-based technologies for Internet/Intranet marketing and retailing.
National Fibres has been closed,
millions of rupees are at stake and its employees have not been paid salaries for months.
This a story of mismanagement and corruption by the nominees of NDFC and an example of
white collar crime.
Thal Engineering has however taken a
lead by setting up yet another unit in the engineering sector supporting localization
process in Pakistan's automobile sector. "Wiring Harness Plant" launched with
internationally acceptable standards of production in technical collaboration with
Furukawa Electric Company of Japan.
State Bank of Pakistan (SBP) has given
indications to review the decision regarding withdrawal of export re-financing facility
available to cotton yarns. If the facility was not restored, it may seriously hit the set
export targets for the year 2000-2001. Cotton yarn and gray cloth share 42 per cent of the
total textile exports from Pakistan.