. .


title-32.JPG (261561 bytes)The 54th Independence Day was celebrated with all zeal and fervour by the nation. The economic package worth Rs200 billion, fundamental reforms in police system, separation of judiciary from administration, devolution of power to the grass root level through local government and decision to privatize some major public sector organizations were the highlights of the national occasion. President Musharraf has also given the good news that Pakistan is back on the rails and it can now look forward for a better future without sword of economic catastrophe dangling over it. "Nation has the capacity and spirit to rise again" was the moral boosting compliments paid by President Pervez Musharraf to the nation.

UBITEC Instititute of Business & Information Technology has become the first to offer a Bachelors degree in collaboration with a State University of USA. The 4-year Bachelors in Computer Sciences (BS) and Business Administration (BBA) in collaboration with University of Houston-Clear Lake (UHCL) offers many choices for students. UHCL will also help UBITEC in developing into a self-standing university by 2003.

A rescue fund from Rs. 3 billion to 4.5 billion is being created in a week's time to bolster the Country's depressed stock market. The fund which will be managed by a committee of experts who will constantly monitor the ups and down in the bourses and invest in selected scrip to keep the market at its normal level. The investment will be made through National and Habib Bank of Pakistan who will be the custodian of the fund.

Industry & Economy






Finance & Markets


PAGE Data Base

Market Watch

Politics & Policy