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COVER STORY

THE CHANGING FACE OF INSURANCE INDUSTRY

Aug  12 - Aug 18, 2002   
ISSUE # 32  

This month marks the completion of two years of the new Insurance law. PAGE questions the performance, or the lack of it, during these years as well as the concerns of the industry on a number of issues it considers vital. The story also highlight the recent developments with respect to the new law and what they mean for the industry.



 

UBL PRIVATIZATION
A lot of talk is going on about the sale of United Bank Limited. Some quarters are trying to create confusion and doubts. However, the Privatization Commission stands committed to following a transparent process. Muslim Commercial Bank's revised funding plan is being reviewed by the central bank.

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NEW COTTON POLICY
The government is about to announce a long term package of the policies to rid the cotton affairs of various weaknesses, to identify the gaps still persisting in cotton production, processing and trading and remove these. The new policy is likely to envisage the plan to amend cotton control acts of the provincial governments for enforcement of quality cotton. In this connection, the ministry of food and agriculture has already held meetings with representatives of provincial governments.

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