Manifestos as barren as election campaign
IN JUST THREE days from today the nation is going to polls on October 10. A change is going to come about. It seems, however, that the major political parties perceive...
Labour policies: a critical review
LABOUR POLICY, 2002 is the fifth one that has been approved on September 21 by the federal cabinet during the fourth military regime. Out of the remaining four earlier labour policies,...
Hefty surcharge, not oil price, the real culprit
IF THE WORLD oil price goes on rising in the manner it has been due to the threat of attack on Iraq or other related factors, can Pakistan do anything to...
Recurrent tariff increases and energy options
WAPDA, slapping surcharge after surcharge, has opted for the easy way out to meet its financial needs without an overall reduction in line losses, recovery of arrears and technical improvement. The...
Bourses hesitant to slide below 2,000-point barrier
DESPITE couple of disruptions caused by external factors, the stocks remained in a cheerful mood and mostly finished with the extended gains, amid active trading....
Time liabilities help in amplifying sum total
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...
Rupee continues dollar battering
RUPEE CONTINUED to display strength over dollar, amid modest fluctuations in the inter-bank market, where the parity remained higher than in the open market....
No election humming on Karachi commodities
THE WHOLESALE Karachi commodity markets showed easy trend during the last week as the prices of essential items generally fell amid active trading....
Raising the height of Mangla Dam
IRRIGATED agriculture is the backbone of Pakistan’s economy. The agriculture sector is the major user of water and its consumption will continue to dominate water requirements....
Replacing cane with beet may yield desired results
SUGAR-BEET, technically known as Beta Vulgaris L, grows in wild state in parts of Asia. It was a part of labourers’ food in Egypt as far back as 3000 BC. However,...
Investing in a mutual fund
MUTUAL FUNDS have become the most popular way for investors these days to invest their money. Funds have become a huge business, with high-powered marketing and convenience features designed to make...
World economies
THE CREAKING Egyptian economy, showing signs of emerging from a two-year recession, was immediately hit by the attacks....
Use of coal as cement kiln
CEMENT FACTORIES in Pakistan had been using ‘furnace oil’ or ‘natural gas’ as the fuel except those pre-independent plants which used coal in the beginning....
Globalization: survival recipe for Third World
AMONG THE biggest dilemmas for the developing countries is whether they should open themselves up to the globalization process, in the hope of obtaining some of the benefits, or take a...
Risks to Pakistan economy have risen: World Bank
THE INTERNATIONAL Monetary Fund (IMF) says that risks to Pakistan’s economic programme have “strongly risen” due to recent tension in the region. “Clearly, an exacerbation of tensions, or their prolongation at...
Micro-credit: impact on women’s status
Presently, in its wider dimension micro-credit is known as micro-finance and seen as a legitimate economic tool in the fight against poverty. It is very difficult for the poor to get...