Rupee will rise again
THE heavily depreciated rupee rose modestly against the US dollar after the terrorist attacks on New York and Washington on September 11 and the global economic uncertainty that followed, and has...
Cotton country in trouble
THE new team of official economic managers is taking its own sweet time to spell out its strategy for the remaining eight months of the current financial year....
Cautious optimism on economy’s future
CAUTIOUS optimism prevails in the business community about the future of the country’s fragile economy. Hopes are pinned on Pakistan’s support to the US against the Talibans bringing windfall gains that...
Future of mega projects in perils
IN AN effort to revitalize the economy, President Musharraf, on August 14, announced the plans to construct 20 mega projects. An earth-shaking tragedy shook the entire world on September 11....
Private power generation & the new policy
THE government in 1985 had decided to induct private sector in power generation to complement the efforts of Wapda and the KESC....
Foreign funding restores investor-confidence
THE KSE 100-share index narrowly missed the coveted level of 1,200 point during the preceding week but indications are that it could rule above the next psychological barrier thanks to the...
SBP pumps Rs6.75m into market
THE State Bank of Pakistan on October 1O, pumped in Rs6.75 billion in the inter-bank money market. The State Bank of Pakistan provided the liquidity by purchasing the Treasury Bills for...
Uncertain conditions in commodities market
THE price trend of essential commodities on the Karachi wholesale markets remained downward during the preceding week as the ready demand was slack due to the war in Afghanistan and the...
Sindh’s first CLCV resistant variety
THE year 1992-93 was disastrous for cotton crop because of the severity of the cotton leaf curl virus disease causing large-scale damage to the crop. In the Punjab, over an area...
Rupee makes dent in major currencies
THE rupee continued to show strength over the US currency and other major currencies last week, both in the inter-bank market and in kerb trading. It did not show any sharp...
Edible oil industry in Pakistan
DESPITE the fact that Pakistan is overwhelmingly an agrarian economy, it is unable to produce edible oil sufficient for domestic requirements and substantial amount of foreign exchange is spent on the...
Agriculture not given due importance
MORE than 50 per cent of the population of Pakistan practices agriculture. Due to the lack of administrative vigilance it is facing problems, which if not properly tackled, may cause great...
Cactus production
CACTUS production is to be started on experimental basis in the arid and semi arid zones of the Punjab province for use as fodder , control of soil erosion and soil...
Borrowed resources badly managed
PAKISTAN, caught in a deadly debt trap, struggling hard to get rid of external loans of $35 billion. There seems no hope to come out of this crisis or to stop...
Energy potential of mushrooms
OVER 10 million different kinds of organisms inhabit the earth and scientists have classified each group and kind of species in categories. Less than one third of these have been catalogued...
Economic causes of international terrorism
THE USA, together with international community, has launched ‘Operation Enduring Freedom as a result of what happened on 11th September, 2001, in New York and Washington....
Product placement, an imprecise science
ALTHOUGH, there has been no research done to evaluate the process, but there is considerable evidence that product placement can benefit the brand enormously....
LSG: promises versus self-help initiatives
ON 14TH of Aug, 2001, the new local government set-up was installed in place of the old regime. Some of the old local institutions have ceased to function while others are...
New ordinance may hamper loan recovery
THE newly promulgated Financial Institutions (Recovery of Finances) Ordinance is full of serious contradictions, mistakes and requires redrafting as well as re-promulgation with modifications....