Mian Muhammad Latif
In an exclusive interview with
PAGE, Mian Muhammad Latif said that
textile industry had the largest potential for boosting Pakistan's exports. The
industry needs adequate supply of cotton at competitive prices and removal of
the irritants affecting the performance. At the same time each player has to try
hard for higher value-addition and quality improvement.
Neither the power generation nor its transmission has anything to do with the
current ordeal of a 2-hour load shedding the people have to suffer everyday. The
genuine consumers are experiencing the hardships only because of the power
thieves and the corrupt within the company.
AMRO Asia Limited Hong Kong has announced to disinvest the entire 76
per cent equity stake in First Capital ABN AMRO Equities, a brokerage
company. It has decided to sell its 7.602 million shares at Rs 1
million or a throw-away price of just Rs 0.1315 per share to First
Capital Securities, a stock listed company, which already holds the
rest of the 24 per cent equity.