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NCR
Corporation, operating in over 130 countries, has been operating in
Pakistan since early fifties. NCR Pakistan is playing a key role in
the promotion of IT in Pakistan. It has established state-of-the-art
education centres. A significantly large percentage of its business
comes from existing users of electronic data processing. This shows
their confidence in NCR's ability and continued support. NCR Pakistan
is following a strategy which is in line with Corporate Model being
implemented by the head office. |
CAA
The
use of Karachi International Airport as the base of logistic
operations by the US-led Allied forces is a purely commercial yet not
a government-to-government arrangement, the Deputy Director General
Operations of Civil Aviation Authority, Air Vice Marshall Arshad
Rasheed Sethi told PAGE. The arrangement will help CAA cut its losses
due to reduced operations by the foreign carriers and a drastic
decline of 30 per cent in the volume of international passenger
traffic.
FINANCIAL
DISCIPLINE
The
State Bank of Pakistan has stressed the importance of adopting
professional attitude of the banks and businesses so as to develop an
effective governance structure in the banks and corporate sector. This
would lower the rate of bankruptcy. There is a need for professional
approach by the family owned business and to extend the concept to the
corporate sector. The banks should also come out of the mechanical
procedures and make the judgement on the viability of the proposal
submitted by the businessmen instead of showing reluctance to provide
the loans.
