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January 20, 2003 Monday Ziqa'ad 16, 1423 Who parented the stock market boom? One can only marvel at the wisdom of whoever first said: “Success has many fathers, failure has none”. And it is all about who parented the stock market boom, that has... Impact of China’s entry into the WTO China’s entry into the World Trade Organization (WTO) in December, 2001, has indeed been an epoch-making event, insofar as it will contribute to the integration of the world’s fastest growing economy... Oil and the war against terrorism It may seem that only irrational religiosity motivated bin Laden and his followers. There is some truth to this. They were indeed misguided fanatics.... Fears about corporate farming The formal announcement and the implementation of the policy package for a half-baked scheme of corporate agriculture farming will be a daunting task for the present political government. In order to... Urea shortage to hit agriculture badly The government’s decision to suspend gas supply to fertilizer factories could prove a recipe for disaster for the agriculture sector which is already down to negative productivity.... Neglected equities too come into the ambit of buying spree The KSE 100-share index breached through the psychological barrier of 2,900 points but failed to reach its next targeted figure of 3,000 points, as bears slowed down the sustained rise after... Mixed conditions dominate on money market According to the Statement of Affairs of the State Bank of Pakistan, for the week ended January 11, 2003, both notes in circulation and those issued which had declined a week... Dollar at 3-year low against euro The rupee/dollar parity maintained its stable trend amid minor fluctuations. Strong corporate demand at the start of the week, however subsided towards the end of the week.... Pulses to stabilize after backlog clearance The Karachi wholesale commodity markets resisted fresh decline during last week as the leading brokerage and commercial houses resumed their covering operations, which was followed by the predictions of an expected... Profits in fresh fruit retail business Retail distribution of fruits is a critical area in the marketing channel. Despite understanding the changes, retail fruit marketing is not properly organized. It is reported that fresh fruit retailers generally... Sun-bug: a haunting threat to wheat crop in Balochistan Wheat in Pakistan is a prime food commodity and staple food for more than one third of the world population. Currently, over 8400000 hectares of wheat are under cultivation (Pakistan statistical... Leveraging the internet to compete in global economy As the impact of the global e-marketplace becomes more pervasive, the need for companies based in Pakistan to derive full benefit from the gargantuan business potential offered by the internet cannot... Busting some business myths Human knowledge is in a state of constant flux, be it driven from physical sciences or born of metaphysical observations and experiences.... World commodity report The Organization of Petroleum Exporting Countries (Opec) has agreed to increase its oil output quota by 1.5 million barrels par day to 24.5 million bpd from February to try to curb a price surge triggered by a slump in Venezuelan exports... IASs are oversize for Pakistan Permissible accounting practices concerning how to measure economic activity, the time when to measure and record it, the disclosures about it, and the manner of preparation and presentation of information in... Role of forex reserves in the economy A recent article by Mr. Abu Saeed Islahi, in EBR, highlighted the need to enlighten the general public on the role and importance of foreign exchange reserves in a country’s economy.... Options: a missing instrument at KSE The Options are a popular trading instrument in developed stock markets. From New York to Singapore, the stock exchanges represent significant trading volumes and serve a variety of investors. In the... Different poverty alleviation views should converge It is encouraging to see that poverty is now generally recognized as a key issue to be tackled with on a priority basis. However, the approaches towards poverty alleviation diverge or... A more vigilant regulation of banks If the State Bank of Pakistan had done earlier what it has been doing lately and proposes to do now more vigorously the country would have far more banks than it... Will business with Iran really expand? Will Iran-Pakistan business now really expand this time around after a decade of talks? Will it benefit their people as well as the Gulf-South Asia region? Can energy, telecom, IT, trans-Asian...

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