Negative factors play with the decision of investors
The stocks halted a persistent downward drift witnessed during the last two weeks. Investors covered their positions at an attractively low level on all counters, but the activity lacked aggressiveness associated...
T-bills help in gaining Rs4.55bn from open market operations
On October 2, the State Bank of Pakistan bought Rs4.55 billion in an open-market operation through the sale of one and two-week Treasury bills. It received bids worth Rs11.30 billion for...
Rupee sustains falling pressure
The week commenced on a negative note. Persistent dollar demand was seen pressurising the rupee downward in the inter-bank market, where it traded at Rs57.91 and Rs57.92 on September 29, falling...
Pulses activate on Punjab dealers’ presence
Mixed trend was seen on the Karachi wholesale commodity markets during the last week as reports of steady arrivals from the upcountry trading centres prompted selling by some leading stockists. Most...
Depleting aquifers in Balochistan
At present, about one-third of the world’s population is facing water scarcity. Pakistan once a water surplus country is now facing severe water shortage. The per capita water availability is reduced...
Mangla: sedimentation Perspective
All big dams have sedminentation problem. The gravity of this particular problem is directly proportional to the quality and the quantity of incoming sediments....
Banana cultivation in Sindh
Dr Ali Muhammad Khushk, M. Ibrahim Lashari Sindh’s banana has lost its flavour and sweetness due to global warming. The area and production which grew to record 23,500 hectares and 209,800...
World economic report
With strong real wage growth and high employment levels, the GDP growth is expected to remain firm, though declining to 4.0 per cent in 2003 before rising somewhat to 5.3 per...
Defaulters’ prosperity at the cost of taxpayers’ money
The Karachi Stock Exchange (KSE), taking seriously, the non-compliance of the Listing Regulations (LR) by the listed companies had, in 1997, initiated the concept of placing defaulting companies on defaulter’s counter....
New project financing: its working!
In early 60’s foreign exchange was a rare commodity, commerce and support services were in infancy; and project financing was considered a cumbersome and complex exercise....
NIT: letters of comfort
This is with reference to the article titled, “NIT: letters of (dis) comfort” published in the Economic & Business Review section of your esteemed paper on September 29th, 03. The learned...
Less privileged women: impact assessment of microfinancing
Right from the 90’s all economic development plans of the successive governments have focussed on poverty eradication but it continues to exist with the same magnitude despite macro economic stability....
Accelerating the housing construction
Housing is the basic human need after food and clothing. In spite of the efforts made by successive governments, the housing availability situation has not shown significant improvement. Rather, the backlog...