Pension money for housing finance
A fresh strategy is being developed by the State Bank of Pakistan (SBP) to divert long-term domestic savings flowing into the National Saving Scheme (NSS) to proposed privately managed pension funds...
Rupee batters euro
The falling trend in rupee/dollar parity persisted in the inter-bank market where demand for dollar, amid modest activity, exerted slight pressure on the local currency this week....
Irri exhibits violent price rise in trading round
The Karachi wholesale commodity markets last week showed either-way price movement as most of the essential items finished on a divergent note amid active bouts of buying and selling....
Sugar-cane pricing: predictable approach needed
Sugar-cane is produced by farmers, while sugar mills extract sugar from cane. Therefore, to ensure sufficient quantity of sugar, procurement price of cane, also called the mill-gate price, is to ensure...
Agricultural budget
Agriculture contributes 25 per cent of the GDP and provides employment to 44 per cent of the labour force in Pakistan. Out of the total budget of Rs805 billion of the...
MINFAL’s wish-based assessments
The Ministry of Food, Agriculture and Livestock (MINFAL) seems to have developed a fatal proclivity for jumping the gun or firing without checking if the gun is loaded....
Karachiites need show interest in KESC affairs
Karachiites have been suffering more and more breakdowns in electricity services since the first rain this season on 7th July, despite best efforts of the KESC staff and management, within their...
Liberlization of textile trade
A question that is often asked is that why the
practices of institutions do not match with the agreed policies. Disparity
between the policies and practice is the cause of sub-standard performance...
World economic report
Growth prospects for the world’s most
trade-intensive economy already looked dim as the tiny city-state grappled with
a global economic downturn and later the deadly Severe Acute Respiratory
Syndrome...
Corporate philanthropy or social responsibility
Corporate social responsibility is often used synonymously and interchangeably with either corporate philanthropy or some other concept closer to the latter view of corporate activity than to the former....
Wapda: ‘5-year plan to cut losses by 5pc’
Whatever Wapda says through press releases or advertisements one thing is clear, i.e. if nothing is done to stop the rot, the mismanaged Utility will sink the whole nation with it....
WTO: making people food secure or...
Pakistan is endowed with farm potentials to produce all types of food and non-food crops. Due to this we have enough food production and adequate food security,yet malnutrition continues to be...
Deck stacked against the poor countries
In 1993, the resort city of Cancun, Mexico, fell prey to what has become one of the hottest trends in global capitalism: privatization....
Sabzi Mandi needs professional management
The chief minister of Sindh conceptually approved the takeover of Sabzi Mandi by the city district government of Karachi (CDGK) as stated in a directive on 17 August, 2003. This attempt...