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August 11, 2003 Monday Jumadi-us-Sani 12, 1424 Maintaining foreign exchange reserves : Flawed rationale In August 02, a series of three scholarly articles by Dr Ishrat Husain appeared on the opinion pages of this newspaper. The articles explained, at length, the rationale behind the current... Sustainable business requirements Reportedly, Pakistan’s government and national industry are moving at snail’s pace towards social compliance related to labour, health and hygiene, and environment.... Why the private sector is not investing One question asked with increasing frequency in Pakistan today is why is domestic investment not coming up in seizable measure despite the steadily improving environment for it?... Foreign funds inflow main factor behind meteoric rise in stock market Stocks witnessed an unprecedented price flare-up last week due to the investors’ reluctance to take a technical breather as none among the leading ones was inclined to miss the rising market... Rs41.12bn mopped up from liquid inter-bank market On August 6, the State Bank of Pakistan sold Rs51 billion worth of T-bills. The State Bank raised Rs10.22 billion through the sale of three-month bills at 0.99 per cent, while... Rupee/dollar parity stays range-bound The rupee/dollar parity remained range bound this week amid persistent demand pressure. In the inter-bank market, the rupee commenced the week on a weak note.... Normalcy returns to commodities after weather dries up The Karachi wholesale commodity markets showed mixed trend as the prices of essential items were again quoted at the last levels on fairly comfortable ready position.... A rain havoc in coastal Sindh The twin coastal districts of Badin and Thatta have been hard hit by recent rains. As a matter of fact these two districts are no strangers to such misfortunes. The tragic... Fish farming and its impact on environment Aquaculture or ‘fish-rearing’ used to be a rural affair . However, its scope and importance has been realized due to factors such as increased food production, relative higher cash income per... Better seed basis for better cotton output Cotton plays a vital role in the economy of the country, as this crop, besides providing raw material for textile, oil and allied industries, earns a major share of foreign exchange.... Leaf-folder: a haunting threat to rice crop Rice being the second main food after wheat and sown on about 6.1 million acres constitutes an average of 10 per cent of the total cropped area. Its estimated 5 million... Awaiting recovery in industrial economies Policy makers in the federal government and the Federal Reserve of America have thrown everything but the kitchen sink at the ailing economy, and economists are saying their efforts will spur... Career management and planning In almost all the developed and developing countries retention and improved utilization of talent was being preferred over unlimited external recruitment until middle of the 90’s of the last century.... World economies report The real GDP growth in Bangladesh will rise from 5.2 per cent in 2002-03 to 5.7 per cent in 2003-04.... Ghazi Barotha and the role of domestic industry The Ghazi Barotha hydropower project, costing over $2 billion, will have a generating capacity of 1450 mw, which will make it Pakistan’s second largest hydropower station. The project entered its testing... HRM trends and challenges The theme of this article is to establish the nature and importance of human resource management (HRM) and how it emerged, to provide some evidence of its context, to discuss its... Unconventional exports: a potential neglected Commerce Minister Humayun Akhtar announced this year’s trade policy on July 19. The policy envisages crossing the figure of $10 billion in export earnings. However, there are at least two areas... Loan write-offs, no bankruptcies The Governor of the State Bank of Pakistan, in his key-note address for the recent prize award ceremony of the Institute of Bankers, Pakistan, has dealt with banks’ write-offs, a subject... Human development ranking slides Every year the UNDP publishes the Human Development Report (HDR) measuring the performance of nations. HDR 2003 based on data of 2001 has been released a few days ago. The relative... Copper city of Pakistan Pakistan is poised for a breakthrough in its metallurgical industry after the production of copper, gold and its associated minerals such as silver, sulphuric acid, pyrites and magnetise concentrates by the...

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