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| September 30, 2002 | Monday | Rajab 22, 1423 |
Iraq: the target is oil, not weapons
 AS President Bush appears close to imposing a war on Iraq to effect a regime-change in Baghdad, the raison d’etre he has advanced for his controversial use of naked force is...
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Ambitious leap for a free trade area with the USA
 PAKISTAN has suddenly become very ambitious in the area of seeking free trade area agreements. Instead of moving step by step, beginning with Sri Lanka and Bangladesh with which we have...
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Rupee, euro and the dollar
THE US dollar has weakened. The euro is getting stronger. And the rupee has gained against the greenback and depreciated against the euro. Are the current trends determining the parities between...
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Capital market apparently in no mood to bow down
THE KSE 100-share index managed to finish above the coveted level of 2,000 points after four previous abortive bids, indicating that it could maintain its forward thrust in the coming weeks...
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Interbank market borrows Rs4.5bn from State Bank
ON SEPTEMBER 25, the interbank market borrowed Rs4.5 billion overnight funds from the State Bank of Pakistan through discounting of approved securities to meet their daily liquidity requirements. A day earlier...
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Euro attracting the glare of big investors
AS UNCERTAINTY over the dollar’s future direction continues, the rupee in local currency market is gaining strength. Last week, the rupee-dollar parity maintained its stable trend in the interbank market, moving...
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Commodities enjoy comfortable week
THE KARACHI wholesale commodity market showed mixed trend during the preceding week as the prices of essential items generally stayed at previous levels amid light trading....
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Overcoming water scarcity
DESPITE the advances made in the water sector since independence, the level of service and the degree of coverage are still far from adequate. The water sector is facing a number...
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Mountain farming in Northern Areas
 THE NATURE has been bounteous to the North and its munificence is evident everywhere in this region: be it the gigantic water towers, sky-scrapping peaks, abundant mineral wealth, or azure lakes....
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Switching over to organic system
WITH THE emerging global demand of the organically -produced food items, Pakistan having a variety of farms and farming practices, has a great potential to avail the benefits accrued therefrom....
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Cargo village at the Karachi Port
 THE KARACHI Port Trust (KPT) is going to commission a feasibility study on the development of a ‘cargo village’ in the western backwaters on an area of about 100 acres....
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Politics of the monetary union
IF AN economic analysis does not provide enough support for a shift towards single currency, why were there such strong voices in Europe calling for a monetary union that will replace...
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Auditors’ would not bark
NOBODY ever gives confidence much thought until it is gone. The industry has manifestly broken the vow of trust to safeguard stakeholders’ interests....
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World commodity report
Oil prices were threatened on the first anniversary of the September 11 attack and the prospect of a US military invasion on Iraq....
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Pakistan may face explosive debt increases: WB
PAKISTAN’S fiscal crisis has captured the attention of economic policy makers and clearly, its high debt, low growth, and high real interest rate payments of eight per cent are a volatile...
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China and Pakistan’s textile sector
THE CHINESE businessmen who visited Pakistan early September have shown interest in buying cotton yarn from here but textile millers say this is much less than what they had anticipated....
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Defence industry and the private sector
THE MILITARY government held in Karachi two high profile defence equipment exhibition known as the International Defence Exhibition and Seminars, IDEAS 2001 and 2002 in a bid to display expertise in...
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Expenditure side of the equation
IN A RECENT article in Dawn, it has been proved, if a proof was needed, with ten years’ data that revenue targets have always been missed. It is either on account...
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Prescription for cashing on poverty
THIS YEAR’S annual meeting of the IMF and the World Bank has a special significance for the developing countries as the focus of the meeting is likely to be on how...
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SECP-KSE tussle: a balancing act?
 THE TUSSLE between the Securities and Exchange Commission of Pakistan (SECP) and the Karachi Stock Exchange (KSE), which started after the issuance of an order by the SECP on August 13,...
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