Transparency in monetary statistics
GOOD governance is a current buzzword and it cannot be achieved without transparency. As a result, there is a lot of opening up of information on key sectors of economy. Pakistan...
Trifling with poverty alleviation
THE goal of poverty alleviation has gained such widespread popular usage that every other domestic and/or international economic programme is now couched in the language of poverty reduction....
Will depositors gain by tax cut on banks?
WHEN the income tax on bank profits come down to 46 per cent on July 1 from 58 per cent last year, will the depositors have better returns on their savings or the borrowers lower rate of interest on their loans or both?...
Water vision for Balochistan: clear analysis needed
BALOCHISTAN is by far the largest in size but shelters smallest number of inhabitants among the four provinces of Pakistan. Topographically, it is subdivided by high to moderately high mountain-range, limiting...
Developments on political arena shadow bourses
FEARS associated with the referendum and the Supreme Court verdict on petitions against it overshadowed the trading on stock market last week as investors were too shaky to go for selected...
Rupee regains strength
THE rupee dollar parity ruled mixed last week in the absence of market moving factors. Amid dull activity on April 22, the rupee posted 2 paisa gain in the inter-bank market...
SBP signals stability in rates
ON APRIL 24, the State Bank of Pakistan (SBP) sold Rs3 billion 10-year Pakistan Investment Bonds against the total bids of more than Rs8.9 billion. The SBP has send a signal...
Referendum rules market
THE wholesale Karachi commodity markets showed easy trend during the last week, as barring few, prices of all essential items suffered a decline in the absence of strong demand from any...
Fighting American bollworm
COTTON being the leading cash crop substantially contributes to food, textile industry and foreign exchange earnings. It is grown over an area of 3 million hectares with an average yield of...
Processing industry needs a change
PAKISTAN produces a wide range of fruits and vegetables annually. In many cases, production surpasses domestic requirements, thus leaving sizeable export surplus....
Quality wool production
ALTHOUGH there is a strong need in Pakistan for wool and mutton development, no serious efforts have so far been made in this regard because of resource constraints.The province of Sindh...
EC alerts fish exporters
THE year 2001-2002 proved tough for the exporters of fish and fish preparations as they sent big quantities but fetched lower earnings....
Tax reforms: a diagnostic plan
IT IS a pity that tax reforms agenda in Pakistan, carried out at the dictates of the IMF, is causing extreme hardships to the people and its benefits, if any, are...
Markets sluggish before referendum
THE pre-presidential referendum calm on the Karachi markets may not be a lull before the storm in the literal sense but it is unprecedented in more than one ways as far...
Gas pipeline a much-needed regional project
LAST month Pakistan and Iran signed a memorandum of understanding for a pre-feasibility study on the proposed gas pipeline from Iran to India through Pakistan....
New shipping policy being scuttled
THE efforts made by the present government for economic revival is commendable. Its policies are generally welcomed and highly appreciated by investors. The government should also be complemented for the “Pakistan...
Managing technology for the SME
OWING to healthy competition and globalization, customers and clients have become even more vocal and critical. Often they can vote with their feet....
Important issues await govt’s attention
IT IS true that financial indicators for the country show a good measure of improvement. The central bank says its tills are brimming with foreign exchange reserves—at the last count, they...
Whither fruits for a front line state?
SINCE Pakistan jumped into the global coalition against terrorism, our financial spin-doctors have been making upbeat estimates and have been trying to convince the nation as if the US was going...
Delisting looks like bail-out of defaulters
THE KARACHI Stock Exchange has de-listed 23 companies since January this year, which is more than 20 companies that were de-listed in all of the past three years combined....