Housing finance: time to kick-start
Policy makers are striving to turn marginalized housing finance into the mainstream banking activity. Banks, awash with liquidity and declining return on government papers, need new areas of business. And housing...
A radical new threat from WTO
Customs revenues, which had until recently formed the largest single source of revenue for Pakistan, may vanish altogether soon and become a thing of the past....
Assessing taken-over banks’ performance
Pakistani banks were taken over by the government on the 1st January, 1974 as per the party manifesto of the Pakistan Peoples Party....
Middle class on Eid shopping spree
During this season of Eid festivities, Karachiites were seen to have gone on a spending spree. Since the middle class is known to lead the rest of the people in celebrating...
Index set to cross 2,500-point level before year-end
Stocks remained in a bullish frame of mind throughout the post-Eid holiday week. Positive news followed in quick succession, not letting investors rethink on the market’s outstanding performance....
Liquid conditions rule money market
On December 11, the State Bank of Pakistan sold Rs12.97 billion of six-month Treasury Bills at a weighted average yield of 4.3247 per cent. At the recent T-bill auction the rate...
Rupee comes under pressure
The rupee came under slight pressure this week due to corporate demand for dollar. There was some renewed demand for dollar by some local and foreign banks during the week to...
Commodities pass through relatively dull week
The Karachi commodity markets showed mixed trend last week as the prices of essential items rose and fell modestly, followed by conflicting reports about the ready supply position....
Strategy for agricultural growth
The new government now has to develop an strategy taking into account the effects of the WTO on Pakistan agriculture which is losing it’s competitiveness in the international market....
Production of seedless fruits
Water melon is liked and eaten all over the world but the problem with it is that its flesh is embedded by a large number of seeds and they have to...
EU may offer additional market access to Pakistan
The European Union (EU) is likely to offer additional market access to Pakistan to help strengthen its economy. At the same time, it has also “no” plans to impose anti-dumpling duty...
World economies report
An economy that needed a $58 billion bail-out from the IMF to prevent it from the collapse in 1997, has been transformed into one of Asia’s strongest with forecast growth of 6 per cent this year......
Wapda’s performance improving
Of late, Wapda’s improved performance is visible in the fields including control of electricity theft, recovery of dues and customer services....
Trade facilitation: why it is necessary
World markets are becoming increasingly competitive with each passing day. The days have gone when just price competitiveness was enough to enhance or maintain a country’s share in the international market....
Joint projects with brotherly countries
Pakistan and the Asian Development Bank are to meet on December 16-17 in Islamabad to hold discussions on Turkmenistan-Afghanistan-Pakistan gas pipeline project. The ADB is financing the feasibility study, and assisting...
Realizing our export potential
During the last 50 years, our emphasis has been on agriculture, simple manufactures, packaging and assemblies rather than on high-tech value-added production and export. In the early years after Independence, there...
Outsourcing: where’s the big deal?
These days most companies want their executives to focus on strategic issues rather than the back-office work. Many, however, still choose to outsource specific functions piecemeal....
IFIs’ interest in Pakistan’s defence expenditure
The issue of Pakistan’s defence expenditure keeps surfacing from time to time. According to one school, there should be unilateral defence expenditure reduction to make space for spending on development and...