IN FOCUS
Textile sector A closer look
By Fazal Hakeem
Textile products constitute 63 per cent of the country's overall exports. Due attention was paid to this sector in the early 1990's with the result that by 2004, exports stood at 9.5 billion dollars. Focus on provision of facilities to the private sector to improve competitiveness and productivity combined with the government's policy of deregulation, privatization and liberalization as well as continuity and transparency in procedures to encourage private sector to utilize opportunities finally paid off.

Revolutionising communication
By Mehmood-ul-Hassan Khan
Confucius once said that communication is the toughest thing to do. However, the dawn of information technology has reduced barriers of distance and cultures. Elements of privacy, clarity and swiftness through the ever increasing growth and connectivity levels of the telecom sector have taken over.

United Bank Limited
Entity: AA/A-1+, TFC: AA-, Outlook: Stable
JCR-VIS finalizes rating of AA- assigned to the third issue of unsecured, subordinated, listed TFCs of United Bank Limited

Ideal country for investments
By Shazia Mehmood Khan
During the last four years, foreign direct investment (FDI) has increased by five times. The government, during the same period, privatised 55 state owned enterprises, which brought billions of rupees and created immense employment opportunities in the country.