Friday, October 25, 2019

Jamestown, 1607 :: essays research papers

It's 1607, Jamestown, and you are there.... Relive the adventure of 1607 when 104 Englishmen dropped anchor and began to build America's first permanent English colony in Jamestown, Virginia. Explore life at the dawn of the 17th century inside the palisade of a re-created colonial fort, discover the world of Pocahontas in the Powhatan Indian village, and experience the four-month passage to the New World on board re-creations of the three ships that brought the settlers to Virginia. Extensive indoor galleries tell the compelling stories of Jamestown, from its beginnings in England through its often turbulent first century, and of Virginia's Powhatan Indians. The dramatic film, Jamestown: The Beginning, chronicles the endurance of the first settlers as they struggled to build a lasting colony. James Fort Within the re-created fort, step back in time to the 17th century. Try on armor, watch a musket-firing demonstration, and discover how the colonists lived and worked. Powhatan Indian Village Learn about the culture of Pocahontas' people in this re-created village. Explore the Powhatan houses, called yehakins, climb into a dugout canoe and try your hand at grinding corn or weaving plant fibers into rope. Ships Aboard the Susan Constant, Godspeed or Discovery, get a sense of how the colonists may have felt as they crossed the Atlantic in the early 17th century. Try your hand at steering with a whipstaff or tiller. Examine the contents of a sailor's "see" chest on the pier, and participate in periodic demonstrations of cargo and sail handling. Galleries The museum galleries recount the history of the colony through exhibits of 16th- and 17th-century artifacts and illustrations. The English Gallery examines the conditions that led to American colonization. The Powhatan Indian Gallery explores the people who inhabited coastal Virginia when the Jamestown colonists arrived. The Jamestown Gallery traces the first century of the Virginia colony while Jamestown served as its capital.It's 1781, Yorktown, and you are there.... The drama of the American Revolution and the birth of a great nation come to life at Yorktown Victory Center. In provocative indoor galleries, witness the Revolution through the eyes of those who were there—from soldiers on the battlefields to women on the home front, from American Indians to African Americans. The evocative film, A Time of Revolution, places you in a Continental Army encampment where soldiers spend an evening reminiscing and musing on their lives and the war that has brought them together. Outdoors, experience the sights and sounds of the Revolutionary War in the re-created Continental Army encampment.

Thursday, October 24, 2019

Overcoming Multimedia Addiction Essay

Some of the students nowadays are struggling to stay awake while the rest of the world is asleep just to read their friends’ posts and comments and status on Facebook. They even spend most of their time staring at the big screens of their personal computers just to play online games like DOTA and Counterstrike. Some also spend their money just to buy the latest mobile phones, mp3 players, and other techno gadgets out there. However, they must keep in mind that everything has its own limits. Otherwise, it can become a cause of concern and in extreme cases, addiction. Multimedia addiction can cause destruction and violence to students. Multimedia is simply defined as multi tasking of applications in a single device or gadget. This includes graphics, animation, pictures, videos, and other applications which can be opened simultaneously or consecutively. Smart phone, laptop, iPod, television, and mp4 player are some of many multimedia gadgets that are ‘in’ especially to students because of its amazing features. Consider the television. Whether it is a box, slim, or flat screen, it has become almost like another member of the household. It sits in the living room, in the kitchen, or even in the terrace of your house. It bombards us with all kinds of information about almost anything under the sun. It informs us on what laundry soap to use; what toothpaste to brush our teeth with, or which candidate to vote in the 2013 election. It brings us local news and news from around the world. And of course, it entertains us with sports, music, movies, telenovelas, lifestyle segments and variety programs. Cellular phones, on the other hand, are used for communication purposes. But because of technological advancements, new applications like built- in cameras are added to them. That’s why many people patronize it so much. Laptops are made for easy handling. Unlike personal computers, you can now bring it anywhere because of its small size. Almost every student today has his or her own laptops. The dependence on multimedia gadgets extend to students who became the primary beneficiaries of these gadgets. Tech- net survey said that 42 % of students are using mobile phones, 36 % are using laptop, 15 % are using play station, and 7 % are using mp3 players (â€Å"2012 Most Addicting Gadgets†, www. Technet.com). The use of multimedia gadgets can be constructive and destructive to students (Despabiladeras 15). Many of them consider the use of these gadgets constructive when they help them in their studies. Today, the internet is the major source of knowledge and information. In just one click, they can now find the answers to their assignments. They also use software like Microsoft office and the like for their project presentation. Many schools now use computer oriented techniques for teaching. The traditional way of teaching like writing too many lessons in a manila paper is already replaced by powerpoint presentations which are indeed favorable for the students. They no longer copy too many notes because there are handouts already prepared for them. Multimedia also gives information about the latest happenings and discoveries around the world. The use of social media sites like Facebook allows them to socialize with other people. Some also say that playing online games like DOTA and Counte rstrike have positive effects on them because they relieve stress from the hectic schedule of their schooling. In contrary, students say that multimedia gadgets can be destructive too. Problems begin when students became addicted to these gadgets to the point of discarding other activities which can truly affect their balance and studies (www. Gadgetforums.com). Because of these gadgets, they now prefer playing games that reading books. In most schools, use of cellular phones is banned but many of the students still carry them. They push their parents to buy them the latest mobile phone or other gizmos because their peers use it. The effect of this addiction is that they can no longer resist themselves from taking calls and accessing Facebook and other social networking sites during school hours. â€Å"The use of gadgets can be destructive when it makes your personality bad like when you become wild because of video games†, Bryan Capus said ( Despabiladeras 15). They forgot to budget their time because most of their time are consumed by these gadgets. The overuse of these also affects their health. Too much exposure to these gadgets can cause diseases like brain tumor and cancer caused by radiation (â€Å" Radiation From Gadgets†, www. Healthcare.com). They are prone to sickness because they no longer engaged in outdoor activities. It is alarming to know that 47 % of students nowadays are addicted to computers and other multimedia gadgets ( Despabiladeras 16.). Their parents have a big role in overcoming their children’s addiction. For example, most of the students are advised or told by their parents to limit their internet surfing time until 8:30 p.m. or 9:00 p.m. or but not to reach 10:00 p.m. as they have classes the next day ( Clifford 72). Some also advice their children to engage in other recreational activities like playing basketball or playing the guitar instead of watching T.V. or sitting all day in front of their PCs. One parent posted the following on gadgetforums.com: In today’s high- tech and modern world, we are all connected with each other through the miracle of working inventions and innovations like PC, tablets, smart phones, gaming, internet and so much more. And I think we feel that we won’t have a normal day without getting hooked to any one of these devices. The problem begins to rise when our children became addicted to these gadgets to the point of discarding other activities which can truly affect their balance and health. To avoid this, I try to ensure my son has balance in this area. Playing team sports has helped, that’s one thing in his like that doesn’t require gadget. Sports is one of the best ways to add moving activities to a child’s routine with the aim of creating a certain balance between studying and playing. We could not really avoid our children to get into gadgets as this is the wave of the future with the introduction of tablets which can he fully integrate with schools in the near fu ture ( www.gadgetforums.com). According to gadgetforums.com, there are eight ways to overcome gadget addiction. First, limit the amount of time you spent on any type of gadget. Second, learn to balance and manage your time. Make a time table on when to use your gadget. Third, spend most of your time in your studies. This will give you higher grades in return. Fourth, read books rather than playing games. Surfing the internet for recent news and discoveries will help too. Fifth, spend your free time with your family and friends. Go to an outing of family reunion that doesn’t require gadgets. Sixth, socialize with your true friends, not your ‘virtual’ friends. Your Facebook friends will never help you if you have a problem. Seventh, avoid buying newly released gadgets if you still have one that is still working. And the last is self discipline. It is interesting to know the opinions of students on multimedia gadget addiction; whether it is constructive or destructive for them and what their parents do in influencing their media habits. To prevent this addiction, students should analyze their gadget preferences and see what’s good of bad in it for them. They must set in mind that multimedia gadgets is there to help them, not to enslave them.

Wednesday, October 23, 2019

Pakistan Cement Industry

Compiled by: Mirza Rohail B http://economicpakistan. wordpress. com/2008/02/12/cement-industry/ History & Introduction Growth of cement industry is rightly considered a barometer for economic activity. In 1947, Pakistan had inherited 4 cement plants with a total capacity of 0. 5 million tons. Some expansion took place in 1956-66 but could not keep pace with the economic development and the country had to resort to imports of cement in 1976-77 and continued to do so till 1994-95. The industry was privatized in 1990 which led to setting up of new plants. Although an oligopoly market, there exists fierce competition between members of the cartel today. The industry comprises of 29 firms (19 units in the north and 10 units in the south), with the installed production capacity of 44. 09 million tons. The north with installed production capacity of 35. 18 million tons (80 percent) while the south with installed production capacity of 8. 89 million tons (20 percent), compete for the domestic market of over 19 million tons. There are four foreign companies, three armed forces companies and 16 private companies listed in the stock exchanges. The industry is divided into two broad regions, the northern region and the southern region. The northern region has around 80 percent share in total cement dispatches while the units based in the southern region contributes 20 percent to the annual cement sales. Cement industry is indeed a highly important segment of industrial sector that plays a pivotal role in the socio-economic development. Since cement is a specialized product, requiring sophisticated infrastructure and production location. Mostly of the cement industries in Pakistan are located near/within mountainous regions that are rich in clay, iron and mineral capacity. Cement industries in Pakistan are currently operating at their maximum capacity due to the boom in commercial and industrial construction within Pakistan. The cement sector is contributing above Rs 30 billion to the national exchequer in the form of taxes. Cement industry is also serving the nation by providing job opportunities and presently more than 150,000 persons are employed directly or indirectly by the industry. The industry had exported 7. 716 million tons cement during the year 2007-08 and had earned $450 million, while is expected to export 11. 0 million tons of cement during 2008-09 and earn approximately $700 million. Fiscal Performance 2008-09 Business Recorder reported that Pakistan’s cement exports witnessed a healthy growth of 65%, to over 6 million tons during 7 months of the current fiscal year mainly due to rise in international demand. The exports may reach to 11 million tonnes and earn approx $ 700 million during 2008-09. The statistics of All Pakistan Ce ment Manufacturers Association also showed that cement exports had mounted to over 6 million tons in 7 months as compared to 3. 2 million tons of same period of last fiscal year, depicting an increase of 2. 38 million tons. Cement exports during January 2009 went up by 30% to 0. 81 million tons as compared to 0. 623 million tons in January 2008. However, slow construction activities in the country during the period badly upset domestic sale of cement, which depicted decline of 15%, to 10. 77 million tons as compared to 12. 59 million tons of last fiscal year. On MoM basis, local dispatches of cement during January 2009 showed a decline of 8%, to 1. 51 million tons from 1. 65 million tons of January 2008. Overall dispatches, including export and local sales, reached 16. 77 million tons during July to January of 2008-09 as against 16. 20 million tons of last fiscal year, depicting an increase of 3%. By September 2009, after witnessing substantial growth in all three quarters of fiscal year (FY) 2008-09, cement sector concluded the fourth quarter with a handsome growth of 1,492 percent on yearly basis, All Pakistan Cement Manufacturers Association’s report revealed on 29th September 2009. Higher retention prices (up 59 percent) and high rupee based export sales amid rupee depreciation (20 percent) drove profits up north. However, this growth is magnified, as FY2007-08 was an abnormally low profit period for the sector. Moreover, the performance is skewed towards large players with export potential as profitable companies in both years posted increase of just 109 percent, said analyst at JS Research Atif Zafar. He said that cumulative profitability of companies in FY09 stood at Rs 6. 2 billion or $78. 2 million as compared to Rs 386 million or $6. 2 million depicting a massive growth of 1,492 percent. Companies with profits in both the years posted 109 percent earnings improvement. Though total dispatches were down 2 percent, net sales grew by 55 percent to Rs 101. 4 billion or $1. 3 billion on the back of higher net retention prices (up 59 percent) and improved export based revenues. Cost of sales/tonne also rose by 33 percent on yearly basis amid higher realised coal prices and inflationary pressures, the analyst maintained. Production Capacity In Pakistan, there are 29 cement manufacturers that are playing a vital role in the building up the country’s economy and contribution towards growth and prosperity. After 2002-3, most of the cement manufacturers expanded their operations, and increased production. This sector has invested about $1. 5 billion in capacity expansion over the last six years. The operating capacity of cement in 1991 was 7 million tons, which increased to become 18 million tons by 2005-06 and by end of 2007 rose to above 37 million tones, and currently the production cpapacity is 44. 07 million tonnes. Cement production capacity in the north is 35. 18 million tons (80 percent) while in the south it is only 8. 89 million tons (20 percent). The cement manufacturers in 2007-08 added above eight million tons to the capacity and the total production was expected to exceed 45 million tons by the end of 2010. It may result in a supply glut of seven million tons in 2009 and 2010. Actual Cement Production (in million tons) According to Government Board of Investment, 2001-02 – 9. 83 2002-03 – 10. 85 2003-04 – 12. 86 2004-05 – 16. 09 2005-06 – 18. 48 2006-07 – 22. 73 2007-08 – 26. 75 2008-09 – 20. 28 Exports & International Markets The cement industry of Pakistan entered the export markets a few years back, and has established its reputation as a good quality product. Deregulation after accession of Pakistan to WTO is expected to open the window of competition from cheaper markets. The recent acquisition of Chakwal Cement by an Egyptian giant, Orascom may be a beginning of such an entry in Pakistan by multinationals. New avenues for export of cement are opening up for the indigenous industry as Sri Lanka has recently shown interest to import 30,000 tons cement from Pakistan every month. If the industry is able to avail the opportunity offered, it may secure a significant share of Sri Lanka market by supplying 360,000 tons of cement annually. In 2007, 130,000 tons cement was exported to India. In 2007, the exports to Afghanistan, UAE and Iraq touched 2. 13 million tons. At present, the economies of major countries are facing recession, but Pakistan’s cement sector is still maintaining a healthy growth. Cement export to India has already slowed after imposition of duty by Indian authorities. Pricing Another problem faced earlier by the Industry was the high taxation. The general sales tax (GST) was 186% higher than India. The impact of this tax and duty structure resulted in almost 40% increase in the cost of a cement bag (50 Kg). A bag in India earlier cost Rs. 160 as compared to Rs. 220 in Pakistan. In the budget of 2003-04, a duty cut of 25% was permitted to the cement sector with assurance from the cartel to pass on this benefit to the consumers. In 2006, the price of a bag went up to Rs. 430 however in 2007 it has stabilized at Rs. 315 per bag. In mid 2008, cement prices stabilized further at Rs. 220 per bag. The Government has reduced central excise duty (CED) on cement in the budget for 2007-08 in order to boost construction activity. Average industry cost of cement bag/50Kg = Rs. 193 Average industry price of cement bag/50Kg = Rs. 235 Domestic Demand Local demand in the country for the year 2008-09 is expected to be around 20 million tons. Domestic demand is expected to grow at 13% Capacity growth rate (CAGR) during next five years. Certain factors will also affect the growth of cement industry as well. These are as follows: Strong GDP growth O Higher GDP growth has positive impact on cement demand. O Cement demand growth rate was double the GDP growth rate in last three years. Housing sector growth O Housing projects consume roughly 40% of cement demand. O Low interest rates, post 9/11 remittances’ inflow, and real estate boom have helped housing sector growth. Government Development Expenditures O Government development expenditures count for one third of total cement consumption. O Increase in PSDP – from Rs. 80 bn in 1999 to Rs. 520 bn in 2007. O Infrastructure development in a region triggers private development projects having even positive impact on cement demand. Earthquake Rehabilitation O Earthquake losses of October 8th are estimated at $ 5. 2bn O Reconstruction work will boost construction material demand O Reconstruction work is expected to generate cement demand of 4mn tons over next 3-4 years Announcement of large Dams O Construction of four large dams will generate demand of 3. 7mn tons. Bhasha Daimer Dam, Munda Dam, Akhori Dam and Neelum Jhelum. Per Capita Cement Consumption Pakistan currently has a per capita consumption of 131kg of cement, which is comparable to that for India at 135kg per capita but substantially below the World Average 270kg and the regional average of over 400kg for peers in Asia and over 600kg in the Middle East. Cement demand remained stagnated during 90’s owing to lack of development activities. In 1997, per capita consumption was 73 kg in both Pakistan and India. By 2005-06, consumption in India rose to become 115 kg/capita whereas ours rose to 117 kg/capita. A comparison of few countries in 2005: Bangladesh 50 kg/capita Pakistan 117 kg/capita India 115 kg/capita USA 375 kg/capita Iran 470 kg/capita Malaysia 530 kg/capita EU 560 kg/capita China 625 kg/capita UAE 1095 kg/capita Challenges to Cement Industry The cost and exports may be affected due to weakness of the US dollar causing coal, electricity charges and freight prices, comprising 65 to 70 percent of the cost. The PSDP allocation for 2009 has been cut by Rs 75 billion and feared further cuts would curtail cement demand. Major capacities of countries like India and Iran are expected to come online by FY10 and onwards which are likely to convert these countries from dependent importers to potential exporters. Moreover, this current rising trend is expected to be short-lived due to higher interest rates and inflationary concerns are likely to make it disadvantageous for investors to enter the construction industry. In addition to this, to control real estate prices the government is considering imposing a tax on it. Major General Rehmat Khan, Chairman of All Pakistan Cement Manufacturers Association (APCMA), told Business Recorder, â€Å"cement industry is getting Rs 24 per ton as day dutydrawback for export of cement which needs to be revised. In view of today’s calculation for duty drawback, which works out to Rs 130 per ton, he proposed that duty drawback be increased to Rs 130 per ton ,instead of Rs 24 per ton. † Referring to taxation on cement, he said that cement dispatches are subject to payment of federal excise duty @ Rs 900 per ton, general sales tax @ 16 percent, special excise duty @ 1 percent, marking fee @ 0. 1 percent of ex-factory price, besides provincial duties and taxes. These taxes come to around Rs 96 per bag which is the highest in the world. Cement, it appears, is being treated as a luxury item for the purpose of taxes and duties. He proposed that the government should reduce excise duty by Rs 450 per ton in the forthcoming budget while the remaining half should be eliminated altogether along with the special excise duty. Besides this, sales tax should not be charged on excise duty paid value. He also proposed withdrawal of customs duty on Pet Coke and remove it from negative list for import from India because cement industry imports Coal and Pet Coke as fuel for production and customs duty on imported coal is zero while on Pet Coke it is charged @ 5 percent. (c) ECONOMIC PAKISTAN