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| September 16, 2002 | Monday | Rajab 8, 1423 |
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Sept 11: a source of relief for Pakistan’s economy
Pakistan’s economy is no more what it was before 9/11. It was on the verge of collapse, notwithstanding the ‘successful’ completion of the 10-month Standby Arrangement (SBA) with the IMF which... 
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Opportunities & challenges: Arms exports
The second International Defence Exhibition and seminar(IDEAS 2002), which opens today (Sept 16) at the Expo Centre holds lot of promises for Pakistan’s defence production industry....
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Saving KCR from extinction
 The decision at the summit level taken after a high profile discussion and deliberation in the President’s meeting at Sindh Governor’s House on September 4 has sealed the fate of the...
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Defence spending and the national security
The great historian, Paul Kennedy, in his best-seller book, ‘The rise and fall of Great Powers’, writes: “Wealth is usually needed to underpin military power, and military power is usually needed...
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Fragility in energy sector helps bears to net high profit
Stocks ran into technical selling last week as the leading bears moved in to take profits at highly inflated levels in most of the blue chips, including the PSO and the...
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Investors make euro more strong
In the local currency market the rupee opened the week on a firm note, amid cautions trading. Dollar remained depressed while euro continued to gain strength over the rupee, amid fluctuations....
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Demand, time liabilities scale up by Rs9,905m
According to the Weekly Statement of Position of Scheduled Banks for the week ended August 31, 2002, the sum of demand and time liabilities maintained upward trend in the week under...
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Commodity markets display secure trend
The Karachi wholesale commodity markets showed firm trend during last week, as the prices of essential items generally rose, followed by the reports of slow arrivals from upcountry centres....
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Food industry and the challenges of globalization
THE major challenge today is that the consumers’ universe is still not expanding as it should. The poverty level in Pakistan has increased from 32 per cent in 1995 to 39...
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Revolutionary changes in Sindh’s farming sector
A remarkable, indeed a revolutionary, change is building up on the farmlands of Sindh. The end is empowerment of farmers for managing their affairs and resolving their problems in a democratic...
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Rural livestock production
 Livestock production is the second biggest economic activity after crop husbandry for rural population in Pakistan. To develop the livestock sector, technologies that are cost- effective and practicable in local conditions...
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Problems in achieving macroeconomic stability
The issues concerning internal security coupled with the eight-months-long standoff with India are causing problems to achieve macroeconomic stability in the country....
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World commodity report
On September 6, gold moved to fresh six-week high in the European trading, driven higher by the prospects of all-out US-led military action against Iraq and jitters on the first anniversary of the September 11 attack. Spot gold was quoted at $319.20 an ounce in the New York market....
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Taking a cue from China: using coal as a fuel
 Taking a cue from China for using coal as a fuel for cement, fertilizer production and power generation, the government has taken steps to make the best use of our coal...
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Diesel deregulation: will the consumer benefit?
 After deregulating diesel imports, Pakistan has moved closer to a full circle in freeing the oil trade from the official controls. However whether or not consumers will benefit from the open...
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Global approach for sustainable development
 The next 50 years could see a fourfold increase in the size of the global economy and significant reductions in poverty, provided governments act to avert a growing risk of severe...
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Five-year term for SBP Governor
In a country in which until recently the government used to borrow heavily from the State Bank of Pakistan at half a per cent interest and double digit inflation was prolonged,...
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UCIL: assigning the responsibility
The 1984 Bhopal disaster in the plant of Union Carbide India Ltd (UCIL) is generally viewed as a crime committed by the Union Carbide Corporation (UCC)....
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Is the KSE-100 Index deceptive?
Investors feel hesitant about investing in Pakistan’s stock markets when they look back at the history of the so-called benchmark KSE-100 Index. This is because since its inception in November 1991...
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Strategy for increasing the tax-GDP ratio
If mere declaration of intentions could arbitrate on the bona fides of the resolve and the honesty of purpose, the government of Pakistan would attain the highest place of honour....
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