of Business Administration (IBA), pioneer of business education in
Pakistan enjoys the distinction of producing business leaders who with
the passage of time have grown to the level that they are now at the
helm of economic and financial affairs of Pakistan. Finance Minister
Shaukat Aziz, who has been recently awarded as the best finance
minister by the Euromoney, is one of the IBA graduates. Institute of
Business Administration (IBA) which, is so far known for its quality
graduates is taking a step with the distinction to have the best and
strongest faculty in Pakistan.
One of the top leather and
leather garment exporters signed an agreement with Dupont Apparel and
Textile Sciences to be the first licensee to use Lycra technology in
the Asia Pacific. PAGE talked to S.M. Naseer of Din Leather who
called the agreement a breakthrough for the leather industry of
Pakistani to help increase export earnings by increasing Din's exports
by as much as 40 per cent.
The strategic plan,
initiated in 1996, has enabled PICIC to move ahead with remarkable
success. It has been able to consolidate its financial position and
improve its ability to offer a diversified range of services. During
the year 2001 PICIC's operating profit attained impressive level which
enabled the Corporation to pay 12 per cent dividend and issue 15 per
cent Bonus Shares.