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| July 21, 2003 | Monday | Jumadi-ul-Awwal 20, 1424 |
A stampede for higher power rates
 There is a kind of stampede by the power-producing and distributing companies formerly under Wapda to secure official approval for raising their tariff rates with blessings of the National Electric Power...
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Bulls leave no room for bears
Stocks maintained their upward drive during last week, as both the institutional traders and the general investors continued to build long positions on all counters aided by the reports of higher...
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Currencies witness mixed trend
Mixed trend was witnessed in the currency market this week. The rupee/dollar parity moved both ways and remained range bound amid slow trading activity. In the interbank market, the rupee came...
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Sum of demand and time liabilities decrease
 On July 17, the State Bank of Pakistan mopped up Rs.11 billion from the money market through an open market operation. It received bids worth Rs.21.45 billion from the banks for...
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Rains hit supplies but promise good crops
The Karachi wholesale commodity market showed mixed trend during the previous week as the commercial houses did not indulge in selling followed by the predictions of pressure on supplies. Ready activity...
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Milk plants: a turnaround with a difference
There is never any shortage of dying or dead projects, neither of plans for alleviating poverty. But cases of resurrection are a few. Rural development is another fad with both public...
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Low cane yield and poor sugar recovery
 Sugar-cane is the main source of white sugar while sugar-beet contributes hardly 0.5 per cent of the total national production and most of which is grown in NWFP. Sugar-cane is the...
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Muskmelon: a cash crop in Sindh
Pakistan possesses rich fertile soil and the best climatic conditions for cultivating not only major crops but also fruits and vegetables. In horticultural markets, fruits contribute about 40 per cent and...
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Tariff rebate for agriculture
The 33 percent relief package (as announced by Wapda) in electricity rates for tube wells in Punjab, Sindh and NWFP during the Kharif season, effective from May 1 to October 31,...
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Gwadar port: open-ended questions
Gwadar deepsea port — under construction some 600km by land west of Karachi on the Mekran coast of Balochistan, — by the Chinese and expected to be ready for operation by...
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World commodity report
The International Energy Agency (IEA) predicts demand for oil to grow 1.3 per cent to 79.08 million barrels a day in 2004 in response to lower prices and an expected economic recovery....
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Squeezing the poor
The unprecedented increase in liquidity in Pakistan are the after-effects of the 9/11 events. This increase in the liquidity has affected different sections of people differently, such as reduction in mark-up...
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Architectural designing in development work
 UNtil now, no government has declared architecture and planning as an industry. What is the reason ?It is not been traced so far. Architecture and planning, is a field of visual...
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Whither global economy?
Global economy seems to be getting nowhere. A depreciating dollar, appreciating euro, fluctuating and unpredictable financial markets and stocks, recession and deflation in big economies are affecting it. How to give...
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IPP payments and Wapda losses
 According to updated balance sheets of Wapda, the utility has incurred staggering losses of Rs35.4 billion in FY 2000-01, Rs52.7 billion during the last FY 2001-02 and a record-breaking Rs53.7 billion...
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Finding productive uses for soaring remittances
While Pakistan’s foreign exchange reserves have touched all time record levels, nearing $11 billion. Remittances by non-residents seem to be the main driving force behind this huge build-up. Workers remittance shot...
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