Remodelled KCR will pay its way
Now there is a ray of hope that the present government of Sindh—a rural-urban happy blend—will take genuine, and not half-hearted, steps to re-model the moribund Karachi Circular Railway (KCR) and...
Political economy of the war against Iraq
The world is waiting with bated breath the onset of what now looks to be an inevitable, though potentially avoidable, war against Iraq, led by the United States....
Bourses sway on international, domestic news
The stocks last week recovered from their previous lows but finished well-below the week’s best level on selling at the fag-end of the week followed by President Bush ‘s threat to...
Dollar makes comeback on war cries
On the opening day of last week, the rupee -dollar parity did not show any change in its weekend levels in the inter-bank market for buying and selling and remained at...
Liquidity keeps afloat inter-bank market
On March 5, the State Bank of Pakistan raised over Rs30 billion from the inter-bank market through the sale of six-month Treasury bills....
TCP hits precisely at sugar export outlets
Mixed trend was witnessed on the wholesale commodity markets, as unlike the past few weeks, arrivals from the upcountry trading centres remained fairly steady....
Developing better and long-lasting highways
Pakistan is spending billions of rupees on re-structuring and re-carpeting of highways but a near stagnancy in the development of a good transportation network persists....
Controlling fruitfly
Iran used to import 100,000 tons of citrus (kinoo) per annum from Pakistan by road which was stopped in 1978. Last year, our kinoo export was over 75,000 tons which shows...
Compliance with WTO regime
A study, if undertaken, would reveal the presence of subtle diplomacy which provides an edge to industrialized nations over developing countries. The Least Developed Countries (LDCs) are safer till the time...
The world economy
The post September 11 events, the US corporate scandals and an impending war in Iraq had affected economies. Following the US recession in 2001, much of the world seemed to believe...
A sluggish global economic outlook
A sluggish global economic outlook, with slower growth in next 12 to 18 months than previously anticipated, will impede poverty reduction in developing countries, according to a new World Bank report....
Marble industry needs govt attention
World production of dimension stone comprising of marble, granite, slate, limestone and sandstone is about 70 million tons. India’s share in it is 25 per cent....
Consumer financing: an emerging dimension of financial sector
Recent weeks and months have witnessed generous advertisements by banks, both in dimensions and frequency, on consumer financing, i.e. for purchase, on instalments, of durable consumer goods such as automobiles, household...
Promoting jobs, generating growth
Pakistan has so far received about $590 million from the IMF’s three-year $1.4 billion Poverty Reduction and Growth Facility (PRGF), an agreement for which was signed last year....
Capital adequacy for SE brokers
Systemic risk in a stock market refers to the probability that default by one or more brokers would cause more defaults from other brokers, so much so, that the whole stock...
Baglihar controversy yet again
After the failure of talks at the meeting of the Permanent Indus Commission (PIC) held on February 4-6 at Islamabad between India and Pakistan on the issue of the under-construction controversial...