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Dear All,
It's a common platform for journalists and all others who are interested in knowing about the issues that are sometimes not reported. This group favours philosophy of progress, reform and the protection of civil liberties. Please share and educate others. The owners and managers of this site do not necessarily agree with any of the information. It is an open forum and anyone that register can post whatever they like. Mails sent by members and non-members are subject to approval. However, we are not responsible in any way for the contents of mails / opinion sent by members. We do not guarantee that the information will be completely accurate. If you find content on this site which you feel is inappropriate or inaccurate, incomplete, or useless you are most welcome to report it or contradict it.
Regards,
Group Manager
Friday, September 16, 2011
Media Tribe> Urdu News: 9/11--USA--Bush--Osama--Economy
ورلڈ ٹریڈ سینٹر ر حملہ کے دس سال بعد:
امریکی حکمرانوں نے دنیا کی سب سے طاقتور معیشت کو بھکاری بنا ڈالا
طالبان اورالقائدہ کے بجائے اپنا ملک تباہ کر ڈالا، قرضوں پر گزارہ
درجہ بندی گر گئی، غربت عام، اخلاقی اور عالمی برتری خواب بن گئی
اسلام آباد( ستمبر 16) پاکستان اکانومی واچ کے صدر ڈاکٹر مرتضیٰ مغل نے کہا ہے کہ ورلڈ ٹریڈ سینٹر ر حملہ بعد سے جاری امریکی پالیسیوں نے دنیا کے سب سے با اثر ملک اورسب سے طاقتور معیشت کو بھکاری بنا دیاہے۔ طالبان اورالقائدہ کو صفحہ ہستی سے مٹانے کے عزم کا اظہار کرنے والوں نے اپناہی ملک تباہ کر ڈالا۔ دنیا میں سب سے زیادہ قرضے دینے والا ملک سے سے بڑا قرض دار بن گیا ہے۔ امریکہ کی درجہ بندی گر گئی ہے، غربت نے ڈیرے ڈال رکھے ہیں، مڈل کلاس ختم ہو رہی ہے اوراس ملک کی اخلاقی اور عالمی برتری خواب بن کر رہ گئی ہے اور تقریباً ہر امریکی حکومت سے نالاں اور مستقبل کے بارے میں اندیشوں کا شکار ہے۔ ڈاکٹر مرتضیٰ مغل نے کہا کہ 11ستمبر 2001کو تیل کی قیمت 28ڈالر فی بیرل تھی جو اب اوسطاً 115ڈالر ہے۔امریکہ کے بجٹ میں خسارے کا تصور نہیں تھا جبکہ اب 1580 ارب ڈالرکا خسارہ ہے۔ اسے 2008سے مالیاتی بحرانوں کا سامنا ہے جس میں اسکے مضبوط ترین بینکوں اور اداروں کو زمین بوس کر دیا ہے جبکہ عالمی درجہ بندی کی سب سے بڑی ایجنسی نے اس کی کریڈٹ ریٹنگ کم کر دی ہے جو اسکے زوال کا ثبوت ہے۔امریکی پالیسی سازوںکے سیاسی نظریات کے سبب اس ملک نے دہشت گردی کے خلاف جنگ میں 2000ارب ڈالر جھونک کر بھی کچھ حاصل نہیں کیا اور نہ ہی کوئی سبق سیکھنے کی کوشش کی۔امریکی پالیسی کے نتیجہ میں اسے سالانہ 500ارب ڈالر داخلی سیکورٹی پر بھی خرچ کرنا پڑتے ہیںجو اسکے بجٹ کا 20فیصد ہے۔دفاعی بجٹ میں اضافہ اسکے علاوہ ہے۔واضع رہے کہ گیارہ ستمبر کے حملوں سے امریکہ کے نجی شعبہ کو ایک کھرب 14ارب ڈالر جبکہ صرف ر فضائی کمپنیوں کو 15ارب ڈالر کا نقصان ہوا تھااور عراق اور افغانستان میں امریکی مہم جوئی کا تخمینہ 4.5 کھرب ڈالر ہے جو امریکہ کے تابوت میں آخری کیل ثابت ہو گی۔ ڈاکٹر مغل نے کہا کہ امریکہ دہشت گردی کے خلاف نام نہاد جنگ جو دراصل مسلمان ممالک کے توانائی کے وسائل پر قبضہ کی کوشش ہے میں بری طرح ناکام ہو چکا ہے جبکہ اسامہ بن لادن کا امریکہ کی عالمی معاشی اجارہ دوری کے خاتمہ کا خواب حقیقت بنتا جا رہا ہے۔ اب اس سپر پاور گزارہ چین کے قرضوں پر ہے مگر وہ وقت دور نہیں جب چین اور دیگر ایشیائی ممالک امریکہ کے مالک ہونگے۔
۔۔۔
ڈاکٹر مرتضیٰ مغل،0321-5157671
صدر پاکستان اکانومی واچ
--
Dear All,
It's a common platform for journalists and all others who are interested in knowing about the issues that are sometimes not reported. This group favours philosophy of progress, reform and the protection of civil liberties. Please share and educate others. The owners and managers of this site do not necessarily agree with any of the information. It is an open forum and anyone that register can post whatever they like. Mails sent by members and non-members are subject to approval. However, we are not responsible in any way for the contents of mails / opinion sent by members. We do not guarantee that the information will be completely accurate. If you find content on this site which you feel is inappropriate or inaccurate, incomplete, or useless you are most welcome to report it or contradict it.
Regards,
Group Manager
Monday, September 12, 2011
Media Tribe> Press Release--Democracy imperative in chambers to promote businesses
Democracy imperative in chambers to promote businesses
Qabza groups holding many business chambers as hostage
Islamabad: [Sept 12]
The Pakistan Economy Watch (PEW) on Monday said introduction of democracy is must in business chambers for the development of economy and true representation of the business community.
Many chambers of commerce and industry (CCIs) have lost their effectiveness to families, lobbies and groups that have taken over these bodies since long, it said.
Rules and regulations are frequently been ignored in many chambers of commerce for personal gains which is impeding economic growth and triggering unrest among business community, said Dr. Murtaza Mughal, President of the Pakistan Economy Watch.
Promotion of the economy can be ensured after free and equal representation in all the trade bodies, he added.
He said that complaints of ignoring collective interest over personal gains, misusing funds, useless foreign visits, photo sessions, visa business and misguiding common traders as well as government officials have steadily been increasing.
Dr. Murtaza Mughal said that the primary concern of such qabza groups is personal gain with no collective thinking; many have made fortunes in the process while keeping cordial relations with important officials keep things smooth.
He said that like past, all the ten members of the executive committee of Islamabad Chamber of Commerce and Industry (ICCI) have again been elected unopposed recently. All of them belong to Founder Group ruling ICCI since a decade.
The Founder Group is being controlled by an industrialist and a shopkeeper, he said.
It is an open secret that decision to make Mr Yasir Sakhi But as new president of ICCI has been taken a year ago. Everyone in the business community knows it before the elections scheduled on Sept 14 which prove the undemocratic and unethical style of governance.
This group is known for making life miserable of those who demand democracy or want an end to the illegal activities of the group.
Dr. Murtaza Mughal said that a leader of Founder Group has been recently elected as member of the Executive Committee for the fifth time. He remained president of ICCI in 1995, while his come served as president ICCI in 2000. His brother remained executive member in 2005 while his another son remained as Senior Vice President.
The post of SVP never existed in the rules but it is frequently created in many chambers in violation of law, he added.
He said that incumbent Chairman of the Founder Group has served as president ICCI twice, served once as SVP, remained in Executive Committee for six times and remained as member of Executive Council of the FPCCI for four times.
Apart from these two leaders, remaining members of the Founder Group are dubbed as puppets by the business community that avoid going to ICCI, he said.
Similarly, he said that Mian Group is looming over Rawalpindi CCI since last fifteen years while a nationalist politician is dominating Khyber Pakhtoonkhwa and Mardan chambers since long.
Dr. Murtaza Mughal said that politics in many chambers sometimes take such an ugly turn that Government had to intervene and install administrators as it did in Faisalabad and Gujrat chambers.
There is an urgent need to introduce democracy in business chambers across Pakistan and elections should be held under supervision of a judge of High Court, he said.
Dr. Murtaza Mughal asked the Chief Justice Islamabad High Court to take note of the situation and take corrective action.
--
Dr. Murtaza Mughal
Cell: 0321-5157671
President Pakistan Economy Watch
Phone Numbers for Confirmation
- Chairman Founder group Munawar Mughal 0300-5207448
- Sitting President ICCI Mahfooz Elahi 0300-8552232
- Former Chairman Founder Group Khalid Jaweed 0333-5195083
- Former SVP ICCI Shaban Khalid 0333- 5111118
- Veteran Business leader Jahangir Akhtar 0344-5111174
- Former President ICCI Shahid Rashid Butt 0333-5132199
- Former President ICCI Ijaz Abbasi 0300-85000313
--
Dear All,
It's a common platform for journalists and all others who are interested in knowing about the issues that are sometimes not reported. This group favours philosophy of progress, reform and the protection of civil liberties. Please share and educate others. The owners and managers of this site do not necessarily agree with any of the information. It is an open forum and anyone that register can post whatever they like. Mails sent by members and non-members are subject to approval. However, we are not responsible in any way for the contents of mails / opinion sent by members. We do not guarantee that the information will be completely accurate. If you find content on this site which you feel is inappropriate or inaccurate, incomplete, or useless you are most welcome to report it or contradict it.
Regards,
Group Manager
Sunday, September 11, 2011
Media Tribe> Press Release--Govt Policies, Apathy Big Threats For Cotton Economy
Floods, energy and security threats to cotton economy
Pakistan textile relocation result of disabling policies
80 countries enjoying free market access except Pak
Largest urban employment provider losing charm
Islamabad: [Sept 11]
The Pakistan Economy Watch (PEW) on Sunday said investors are losing interest in the textile sector which is largest foreign exchange earner and biggest urban employment provider of the country.
The situation need urgent attention of the authorities as the recent developments can cast a negative shadow on the economic future of Pakistan, it said.
The problems of textile sector that has 55.3 per cent share in exports, 46 per cent share of total manufacturing, 38 per cent of labour force and 9 per cent of the GDP cannot be ignored, said Dr. Murtaza Mughal, President of the Pakistan Economy Watch.
He said that many textile units has shifted to other countries while major groups are finalising relocation plans which is very worrying development as it is directly providing jobs to 3.5 million people.
Bangladesh which is completely dependent on imported cotton has become a favourite destination for the Pakistan's textile sector because of their enabling policies, labour costs and special concessions offered by western countries.
"80 countries have free market excess to EU and US but Pakistan, the frontline state in war on terror has been denied of the facility hurting growth," he said.
Dr. Murtaza Mughal said that these issues should be taken seriously as no other sector has capacity to guarantee massive foreign currency earnings, job creation and economic growth.
He said that failure of the government to provide energy and security has resulted in massive losses to industrial community which is resulting in exodus which proves that Pakistani entrepreneurs have lost whatever faith they had.
There is no way in sight to reverse the dangerous trend except serious efforts by the rulers to address the critical issues of energy and security, he said.
"Concerns of business community must be addressed urgently as a unit once relocated to another country cannot be brought back," he warned.
Dr. Murtaza Mughal said destruction of cotton crop in Sindh should be estimated through various sources as some elements are overstating the losses to support foreign textile mills on the cost of domestic industry.
He asked the textile ministry to undertake steps to avoid looming crisis otherwise India and China will grab the remaining share of Pakistani textiles in the international market which is already going down since three years, he warned.
There are times when government needs to prefer national interests over politics.
--
Dr. Murtaza Mughal
Cell: 0321-5157671
President Pakistan Economy Watch
--
Dear All,
It's a common platform for journalists and all others who are interested in knowing about the issues that are sometimes not reported. This group favours philosophy of progress, reform and the protection of civil liberties. Please share and educate others. The owners and managers of this site do not necessarily agree with any of the information. It is an open forum and anyone that register can post whatever they like. Mails sent by members and non-members are subject to approval. However, we are not responsible in any way for the contents of mails / opinion sent by members. We do not guarantee that the information will be completely accurate. If you find content on this site which you feel is inappropriate or inaccurate, incomplete, or useless you are most welcome to report it or contradict it.
Regards,
Group Manager
Sunday, September 4, 2011
Media Tribe> Press Release--Code of conduct for wireless marketing suggested
Code of conduct for wireless marketing suggested
Websites offering free SMS service should be blocked
Islamabad: [Sept 04]
The Pakistan Economy Watch (PEW) on Sunday underlined the need for introducing ethics for wireless marketing.
Mobile marketing is a powerful marketing tool which promises vast opportunities as it help individuals and companies to establish direct communication with millions of customers through digital phones anytime, anywhere, it said.
Short Message Services (SMS), an instant communication medium, is now a phenomenon that has grown and spread at an amazing speed, said Dr. Murtaza Mughal, President Pakistan Economy Watch.
However, lack of research has helped marketing through (SMS) emerge as a problem for common people in Pakistan, he added.
Authorities seem interested in claiming credit for SMS growth without seriously analysing its impact on society, said Dr. Murtaza Mughal.
Government should do something about the mounting complaints of harassment, abuse, threats, obscene language, and security breaches etc of owners of the cell phones, he demanded.
He said that customer satisfaction is something ignored by all stakeholders which is casting doubts on claims of care and social responsibility.
"SMS is used in a very constructive way in developed countries while here is has become a hassle as majority receive dozens of messages they are not interested in," he said.
SMS packages on very low rates are helping some operators generate funds but annoying many as everyone can send hundreds of messages to anyone.
Such packages have encouraged many to send useless messages to unknown numbers for publicity, advertisement, cheating, providing false information and seeking objectionable relations.
Dr. Murtaza said that majority of the messages received on a device are useless at best which just trigger annoyance.
According to a study, Pakistanis are now sending over 20 billion messages per year, he said, adding that it is safe to assume that over 90 per cent have no positive outcome. It is also wasting heavy amount of money.
It may be mentioned that first commercial text message was sent in December 1992 while today messages sent and received exceeds global population count and it is increasing.
It is responsibility of the government to make this service useful for all subscribers, said
Dr. Mughal adding that websites offering free text services should be blocked due to their massive misuse.
--
Dr. Murtaza Mughal
Cell: 0321-5157671
President Pakistan Economy Watch
--
Dear All,
It's a common platform for journalists and all others who are interested in knowing about the issues that are sometimes not reported. This group favours philosophy of progress, reform and the protection of civil liberties. Please share and educate others. The owners and managers of this site do not necessarily agree with any of the information. It is an open forum and anyone that register can post whatever they like. Mails sent by members and non-members are subject to approval. However, we are not responsible in any way for the contents of mails / opinion sent by members. We do not guarantee that the information will be completely accurate. If you find content on this site which you feel is inappropriate or inaccurate, incomplete, or useless you are most welcome to report it or contradict it.
Regards,
Group Manager
Friday, September 2, 2011
Media Tribe> PR--(Corrected, Improved and Repeated) Private sector has ability to tackle power sector woes: Mian Shahid
Private sector has ability to tackle power sector woes: Mian Shahid
We support handing over Gencos to business community: CEO Saudi Pak
Islamabad: [Sept 02]
Business community has supported the proposal of Water and Power Ministry to give control of some power generation companies to private sector for a specified time in a bid to transform them into profit making entities.
This positive suggestion is according to the wishes of private sector which has repeatedly claimed ability to transform inefficient public sector organisations into profit making entities, said Mian Shahid which speaking at a forum.
Giving operational and maintenance control of four power generation companies (Gencos) to private sector for a period of 10 years may prove a turning point, he said adding that it will be a test of the skills of private sector.
Mian Shahid said that private sector's focus is on profit maximisation is what is needed today as the stress of public sector entities on other aspects of business has resulted in losses to the tune of billions.
This decision, if implemented, can rationalise tariff, improve efficiency, reduce complaints, bring political meddling and overstaffing to an end which is a major reason of losses, said said Shahid who is also Chief Executive of the Saudi Pak Insurance Company.
At the occasion VP FPCCI Fazal Elahi said that such a move is imperative as it will reduce per unit cost of electricity if contractors are allowed to trim organisations.
"This proposal should be approved immediately with a mechanism so that mistakes committed in unsuccessful privatization of KESC are not repeated," said Elahi.
Chairman FPCCI Capital Office Hameed Akhtar Chadda said that the elimination of circular debt is the key without which no state-run enterprise can become profitable no matter who manages it.
He called for steps that can attract experienced and reputable individuals and companies in such a venture.
Samina Fazil, President, Islamabad Women's Chamber of Commerce and Industry said that matters pertaining to investment, tariff adjustment and profits should be settled in front of the public eye to ensure transparency in any such deal.
She said that if proven successful, the private sector can be entrusted to bring other organisations out of losses that can save around 500 billion rupees per annum.
Chairman FPCCI Standing Committee on Pharmaceuticals Tariq Mehmood said that such a move without giving full control to private sector may prove counterproductive.
--
Dr. Murtaza Mughal
Cell: 0321-5157671
President Pakistan Economy Watch
--
Dear All,
It's a common platform for journalists and all others who are interested in knowing about the issues that are sometimes not reported. This group favours philosophy of progress, reform and the protection of civil liberties. Please share and educate others. The owners and managers of this site do not necessarily agree with any of the information. It is an open forum and anyone that register can post whatever they like. Mails sent by members and non-members are subject to approval. However, we are not responsible in any way for the contents of mails / opinion sent by members. We do not guarantee that the information will be completely accurate. If you find content on this site which you feel is inappropriate or inaccurate, incomplete, or useless you are most welcome to report it or contradict it.
Regards,
Group Manager
Media Tribe> News--Voluntary disclosure schemes encouraging tax evasion
Voluntary disclosure schemes encouraging tax evasion, helping dishonest
Amnesty schemes shattering faith in honest labour, wakening country
Supreme Court asked to probed money parked in tax heavens
Civil society should push govt to recover lost revenue
Islamabad: [September 02]
The Pakistan Economy Watch (PEW) on Friday said tax amnesty schemes are not adding significantly to government coffers but encouraging big-time tax evaders and their helpers.
Idea behind such schemes is to unearth huge amounts of undeclared money but it has become controversial, questionable and useless, it said.
Schemes aimed at retrieving the lost revenue exempts offenders from punishment and help those who assist wealthy hide their taxable income, said Dr. Murtaza Mughal, President PEW.
These schemes are flawed on several counts and raises serious questions as far as moral and social aspects are concerned, he said.
Such schemes offer incentive to individuals and companies to keep money undeclared and have almost no impact on black economy; he said adding that policy makers should not ignore its dangerous effects on moral fabric of society.
"Such schemes may give short-lived boost to our ailing economy but will not help to curb corruption and tax evasion," said Dr. Murtaza Mughal.
He said that influential generates around $15 billion of black money every year while the unrevealed cash is estimated to be $200 billion which can resolve many problems we are facing if governance is improved.
Offering incentives for declaring undisclosed income are not a solution; it send message that government is ready to condone tax evaders and will pursue honest tax payers," he said.
Media and civil society have been raising voice against corruption but inaction by the government amounts to sponsoring corruption, he said.
Dr. Mughal demanded asked the Supreme Court to take steps against those who have parked their money in tax heavens.
He asked honest politicians and civil society to push the government discharge legal duty by signing a deal with Swiss government to recover the lost revenue and stolen funds which are badly needed at home.
Putting the critical issue of rampant corruption on the backburner will continue to weaken the country, he warned.
--
Dr. Murtaza Mughal
Cell: 0321-5157671
President Pakistan Economy Watch
--
Dear All,
It's a common platform for journalists and all others who are interested in knowing about the issues that are sometimes not reported. This group favours philosophy of progress, reform and the protection of civil liberties. Please share and educate others. The owners and managers of this site do not necessarily agree with any of the information. It is an open forum and anyone that register can post whatever they like. Mails sent by members and non-members are subject to approval. However, we are not responsible in any way for the contents of mails / opinion sent by members. We do not guarantee that the information will be completely accurate. If you find content on this site which you feel is inappropriate or inaccurate, incomplete, or useless you are most welcome to report it or contradict it.
Regards,
Group Manager
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