Brand of Blades
Wednesday, March 31, 2010
I was not very much aware of the importance of blades before the construction of my own home. Blades are used for utility purposes including cutting woods, glasses, concrete and ceramics materials. Another thing that I came to know at that time was there are different qualities of blades which are used to cut different sort of materials.
A friend of mine has suggested me to hire the services of such company which in not have great experience but also has good quality material. I then began to search such firm which is providing a wide selection of saw blades and have many varieties of blades in stock including diamond blade, replacement circular saw blades, carbide blades, tile wet blade, or diamond carbide. However we need to go to the one of the best provider because the use of such products in our construction process is very sensitive as very costly materials are involved in it.
There are number of qualities of blades. Normally, saw blades are made from many different materials. The material circular saw blades are manufactured from will determine the life and performance of the blade. A steel Blade is inexpensive and best for cutting softwood. However, high Speed Steel blade will stay sharper longer and harder than steel. Whereas diamond saw blade has diamond tipped teeth for cutting glass, concrete and ceramic material.
posted @ 12:52 PM,
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Economic and Business Updates From March 22 to 28, 2010
Tuesday, March 30, 2010
- THE OPEC Fund for International Development will extend a loan of over $31 million for the Neelam-Jhelum Hydropower Plant Project. An agreement to this effect has been signed.
- THE North West Frontier Province value-added tax bill is tabled in the provincial assembly.
- THE International Monetary Fund is likely to extend March 31, deadline set for the resolution of the issue of circular debt, sources say.
- THE Federal Board of Revenue will suffer a massive shortfall of around Rs10 billion due to low collection of four per cent of capital value tax levied on immovable property in 2009-10 budget.
- THE World Bank extends Tax Administration Reform Project up to December 31, 2010 in view of satisfactory performance of the Federal Board of Revenue in smooth implementation of reforms.
- THE Competition Commission of Pakistan stops all ongoing investigations against cartels and companies involved in anti-competition activities, deceptive marketing practices and abuse of dominance etc., as the Competition Ordinance has expired.
- AGRICULTURAL credit disbursement by commercial and specialised banks increases by 11.02 per cent to Rs144.703 billion in eight months (July-February) of the 2009-10 fiscal year. In absolute terms, the disbursement increased by Rs14.361 billion.
- THE State Bank of Pakistan announces 2.5 per cent markup rate facility on outstanding loans of textile industry under its Export Finance Scheme, and three per cent markup rate support against long-term loans availed from banks/DFIs.
- THE Cabinet Committee on Energy Crisis directs the finance ministry to arrange Rs43 billion for Pakistan Electric Power Company to make payments to Pakistan State Oil till April 2, 2010.
- THE Trading Corporation of Pakistan, accepting the second lowest bid of $396.10 per ton offered by a Dubaibased supplier, finalises deal for import of 200,000 tons of white refined sugar.
- THE Gulf Cooperation Council decides to relax trade safeguards measures in iron goods import from Pakistan applied in the import of angles, channels and beams iron products used in construction.
- THE Compensation Commission of Pakistan imposes a penalty of Rs25 million on Pakistan Steel Mills for abuse of its dominant position and anti-competitive practices, reflecting violations of relevant provisions of the Competitive Ordinance 2009.
- THE Federal Board of Revenue recovers a sum of Rs34,229,556 from four payphone companies allegedly involved in obtaining inadmissible refund of excise duty.
- THE country’s service trade deficit during eight months of the current fiscal year amounts to $1.69 billion.
Labels: Economy and Business, Pakistan Economy
posted @ 9:46 AM,
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Tips and Tricks
Tuesday, March 23, 2010
Sports are one of the best pleasures. These are not only a very healthy activity but also create team spirit and promote so many other traits among players and even fans. Given the advantages most people are fond of sports, players and look forward to seeing their favorite stars in action. Most people like sports just to spend their leisure time to support their favorite team or star. However these days, people love to see sport just for the purpose of betting.
Personally I know many friends of mine who are very keen on the sport betting and follow football, hockey, basket ball, cricket and other sports just for this purpose and they want to see their team at apex and winning stage to make money. Some people do this in their spare time or some people have spent most of their time in it. Before the emergence of internet facility people have to rely over their agent who actually involved in sports betting at the cost of their money. Some get advantage out of it and some did not even. However due to technological advancement it is quite easy to transact online. Having considering this facility there must be some one to whom you can rely upon that the services they are providing in the name of sports bets are genuine and having worth.
There are number of sites which have commenced to endorse betting, however I personally found sports betting very nice among all which provide not only complete information about sport betting but also support people to get professional guidance about the sports betting spot and gives latest news in online betting and stats of the teams, odds to pick it out and they also help with tips and trick to win the betting. Have a look at the aptly laid out site and see what they are offering and how.
posted @ 1:20 AM,
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Some Principles to Reduce Complexity in Annual Returns
Thursday, March 18, 2010
There are eight principles for reducing complexity in the annual reports of the companies which are as per following;
Regulations Should Be:
- Targeted - to provide relevant information that meets important user needs.
- Proportionate - limiting constant change in regulation by intervening only when an area is high risk and change will bring obvious benefit.
- Coordinated - regulators should understand what other regulators are doing in a particular area
- Clear - regulations should be simple and user friendly
Communication in Reporting Should Be:
- Focused- important messages, transactions and policies should be highlighted
- Open and honest - reporting should give a balanced explanation of results
- Clear and understandable - reporting should use plain language
- Interesting and engaging - reporting should get the point across and hold the reader's attention.
Labels: Annual Returns
posted @ 4:48 PM,
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Share Holding In Banking Company
Monday, March 15, 2010
It has been decided by the State Bank of Pakistan vide BPRD Circular no.04 of 2010 that every
- Chairman,
- Managing Director or
- Chief Executive Officer (by whatever name called)
of a banking company shall furnish to the State Bank of Pakistan through the banking company returns on yearly basis containing full particulars of the extent and value of his holding of shares, whether directly or indirectly, in the banking company and of any change in the extent of such holding or any variation in the rights within 15 days of the close of each calendar year.
posted @ 11:08 AM,
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I Can See the World
Zenni has been using the latest modern materials, manufacturing and marketing systems to bring their products direct from our factories to consumers; no middlemen, no retail overhead, and practically no advertising budget. That is what makes their identity. Zenni eyeglasses are a personal fashion and style item. More importantly, Zenni feel prescription eyeglasses are a health item necessity for most wearers, and to that end they take pride in being able to bring to all a very high quality product of great durability, safety and comfort at truly reasonable and affordable prices.
I can tell by own experience that people use different frames for different occasions. Zenni not only offers frames for almost every occasion but also lowest price progressive glasses . Have a look at Eric's Review of Zenni Optical and find that cheap glasses are a reality. They would provide glasses of your own choice in couple of days at very affordable rates.
posted @ 10:45 AM,
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Ecuador: Outlook
Thursday, March 11, 2010
Rating outlook
Stable Banking sector risk is likely to remain within the CCC band following the upgrade in December 2009. Although global conditions are improving, the local recovery will be mild, at best, and commercial banks will remain vulnerable to government intervention. The government's attempts to regulate banking charges, cap interest rates and tap liquidity for its funding needs in the system will continue to hurt bank profitability, and the rapid expansion of credit by public banks will lead to market distortions in the medium term, including crowding out of credit to the private sector. Also, the quality of the loan portfolio is set to remain weak as unemployment remains high and key industries in the private sector experience continued contractions.
Positive factors
- The banking sector's net foreign assets are positive (80% of total foreign assets compared with 13.8% for its CCC-rated peers), which should bolster its ability to repay and service foreign debt.
Negative factors
- The continued operating inefficiencies of the banking sector and the need to maintain a high level of liquidity under a dollarised economy will keep real market interest rates high, compounding pressures on debtors.
Labels: Economy and Business, Ecuador
posted @ 1:29 PM,
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Hermit Crab Lovers
Hermit Crabs mites is a natural occurrence with pet hermit crabs, but unfortunately requires proper care to prevent a harmful situation to your pet hermit crab. In a natural state, hermit crabs mites form a symbiotic relationship with their hermit crab host. Hermit crabs mites in nature can be a concern because the hermit crab doesn’t have the chance to bathe. Your hermit crab can lose appendages from the disease if not treated properly and quickly.
Normally we are required to take the some precautions to properly clean the cage or terrarium in the event of hermit crabs mites including removal of all the infected substrate, and then rinse the aquarium out with plenty of water and for larger aquariums use saturated or wet paper towels. Be sure you apply pressure as you clean the tank sides and bottom to kill any remaining mites in the tank. Further we need to pay special attention to the tank corners, as this is a favorite spot for the little mites to hide as you clean the tank.
Further some times there are some precautions to properly sterilize your hermit crab’s cage to prevent future health or hermit crabs mites issues including to purchase brand new and clean substrate for your hermit crab cage or repeat as necessary to ensure proper sterilization and to prevent future issue with mites.
posted @ 1:09 PM,
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FBR is Going to Close Down PACCs
Wednesday, March 3, 2010
In view of findings of the system audit report of leading chartered accountant firm The Federal Board of Revenue has principally decided to close down Pakistan Customs Computerised System (PACCs). The report observed that the system is ineffective with deficiencies.
Whereas the representative of Agility in Pakistan has denied any knowledge of the decision by the Finance Minister and observed that the information about the company provided by the audit firm and FBR is not correct. He said Agility was a strong, robust and financially strong company which was actively being traded at the Kuwait Stock Exchange, in fact even on March 2, 2010, over 4.3 million shares of this company were traded at the Kuwait Stock exchange at 660 Kuwaiti dinar each.
He expressed strong reservations at the unilateral decision saying no copies of the audit report or the executive summary were ever provided to the company. The company reserves the right to take any appropriate action after studying the system audit report, when provided to them.
Labels: FBR
posted @ 4:33 PM,
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I Found My Eye Glasses
I friend of mine gave me a beautiful pair of sun glasses at my eleventh birthday. At that time I was not expecting that I would have to put on eye glasses for my whole life. Last month I was looking to change my old eyeglasses because I was sick of it and did not want to use that eye glasses and wanted to buy something modern and something that can wear at every where. Actually, I have a prescribed eyeglasses for reading and computer works that I purchased three years ago but now these are no longer works for me. My friends also told me to get a new one but advised to use it daily to avoid further damage to my eyes.
My elder brother advised me to search eye glasses of your own choice at Internet as some time you find something cheaper and better than any proper store. I was not of his opinion that we can buy cheaper and better eye glasses at internet, however I started searching different web sites which are providing such facilities to buy eye glasses or your own choices at cheaper rates. As I was interested to find something modern and cheap, therefore I found Zenni Optical, a site specializing in selling eye glasses.
posted @ 4:09 PM,
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Economic and Business Updates - February 22 to 28, 2010
Monday, March 1, 2010
- TREASURY bill rates have been increased again within 15 days, reflecting mounting pressure of inflation on economy which may result in more tightening of the monetary management.
- THE Trading Corporation of Pakistan purchases 50,000 tons of refined sugar at $779.95 per ton C&F. The contract for the purchase was given to Agrocrop, says a TCP spokesman.
- TEXTILE exports in January record $929.596 million against $830.990 million in December 2009, showing an increase of 11.87 per cent. Export of cotton cloth increased by 10.26 per cent and of yarn by 13.86 per cent during the month under review.
- WHILE there are no hindrances to the Indian imports to the country, Pakistan is facing non-tariff and para-tariff barriers in its exports to India, the commerce ministry informs the foreign office.
- THE Finance Corporation says it has provided Pakistan banks with $202 million under its Global Trade Finance Programme during the first half of fiscal year 2010, that helped increase its crossborder trade.
- THE Securities and Exchange Commission of Pakistan directs fund managers to gear up their efforts to expand the outreach of pension funds.
- THE State Bank declares Sukuk certificates issued by Pakistan International Airlines Corporation as an approved security.
- THE Chinese will invest $50 billion in Punjab during the next 10 years. The investment is aimed at building a state-of-the-art industrial city along with an industrial estate on100,000 acres.
- The annual target of 95.5 per cent of gems and jewellry export has been achieved just in six months of the financial year 2009-10.
- AGRICULTURAL credit disbursement by commercial and specialised banks rose 6.33 per cent year-onyear to Rs124.168 billion in the first seven months (JULY-Jan) of the current fiscal year.
- EIGHT to nine new housing projects, most of them apartments, have been launched since November 2009 and builders claim to have received a satisfactory response from buyers.
- THE federal government releases Rs10 billion for the construction of delay action dams while another Rs10 billion in this regard will be released soon.
- THE Oil and Gas Development Company Limited discovers sizable reserves of hydrocarbon from its exploratory Shah well No.1 located in Hyderabad district.
- THE government decides to impose capital gains tax on purchase of securities, to be charged on two types of holdings, at the rate of 7.5 per cent and 10 per cent, with effect from July 1, 2010.
Labels: Economy and Business, Pakistan Economy
posted @ 1:58 PM,
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