Islamabad: Western banking system based on interest, greed and deceit cannot assist humanity, a former military general said Wednesday.
Interest-based banks have brought more miseries to humanity than calamities, plagues and wars, said Maj-Gen (Retd) Zaheer-ul-Islam Abbasi.
Fair distribution of wealth in possible only when all the local and international banks operating in Pakistan are transformed into [...]
Posts Tagged ‘Murtaza’
Not a single Islamic bank collapsed during financial turmoil: Dr. Mughal
US pushing world into another crisis by printing excessive money
Islamabad: The Pakistan Economy Watch (PEW) on Wednesday said US is pushing whole world into another crisis by printing excessive currency to overcome its record budget and trade deficits.
Political will of American leaders has failed as they are taxing their own people and whole world by doing something that will make economic recovery difficult.
US should [...]
Failures of Musharraf, others behind successes of CJP
Islamabad: The Pakistan Economy Watch (PEW) on Tuesday said resuming charge by Chief Justice Pakistan Iftikhar Chaudhry is to bring positive change in the political and business environment of the country.
Stock exchange and financial markets have already welcomed him the day he was reinstated and the disgruntled business community is pinning high hopes on him. [...]
Soft Launching of 6th Textile Asia 2009 Int’l Exhibition – Ecommerce Gateway Pakistan
Karachi: “6th Textile Asia 2009 Int’l Exhibition to present revolutionary technologies of more than 329 international brands from 32 countries”, Dr. Mirza Ikhtiar Baig
Dr. Mirza Ikhtiar Baig, Federal Advisor on Textiles, Government of Pakistan expressed these views as the Chief Guest in Soft Launching of 6th Textile Asia 2009 Int’l Exhibition held on 19th March [...]
PPP lost chance to get credit of reinstatement of deposed judges – PEW
Islamabad: The Pakistan Economy Watch (PEW) on Monday said restoration of chief justice and other deposed judges would rejuvenate confidence of investors and boost economic activities.
“Decision of political and military leadership has not only saved country from a big crisis but also diffused a highly volatile situation very skilfully,” said Dr. Murtaza Mughal President of [...]
Long March: Outcome of agitation may take many aback – PEW
Islamabad: The Pakistan Economy Watch (PEW) on Saturday said the outcome of long march could be against the expectations of government, lawyers and opposition. The movement supposed to strengthen the democratic institutions could prove a blow for whatever democracy we are left with.
“Undemocratic forces can take advantage of the situation if the movement goes out [...]
PML-N hasn’t lost popularity among business community of Islamabad
Islamabad: The Pakistan Economy Watch (PEW) on Sunday said cold response from traders of Islamabad to a strike call on March 06 should not be connected to the popularity of PML-Nawaz in the business community. It was result of internal conflicts among traders.
PML-Nawaz is still popular in the business community of Islamabad and its rate [...]
Borrowers, cardholders should not be dealt as Criminals – Pakistan Economy Watch
Islamabad: The Pakistan Economy Watch (PEW) on Thursday said banks should treat borrowers and cardholders with respect. Self-respect of people is more important than earning profits. The reputation of majority of banking institutions is at stake.
There are increasing complaints that banks are insulting and threatening borrowers as well as cardholders to ensure recoveries without considering [...]
Minister for Science and Technology stresses for the practical implementation of scientific research
Islamabad: Federal Minister for Science and technology, Azam Khan Sawati and federal secretary for scince and technology Kashif Murtaza visited Pakistan National Museum of Natural History (PMNH) Tuesday. DG PMNH, Dr. Shahid and chairman Pakistan Science Foundation Dr. Azhar briefed the Minister about the national and international researches conducted by the Pakistan Science foundation.
The Minister [...]

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