Hazards of investing in dollar-based assets
Pakistan is to invest $3.2 billion out of its foreign exchange reserves of $11.5 billion on the advice of international investment experts to profit by the record reserves....
Crumbling market keeps investors, brokers on the pull
Stocks turned into a highly volatile performance during the last week as investors played on both sides of the market under the cross-current of positive and negative background news....
Speculative squeeze adds to escalating wheat cost
A sharp increase of Rs110 per bag in wheat price highlighted last week’s trading on the Karachi wholesale commodity markets. Other essential items mostly, fell under the lead of pulses....
Currencies exhibit steadier traits
Steadier trend persisted in the local currency market, where the rupee/dollar parity moved in narrow range this week. In the inter-bank market, the local currency remained firm versus the dollar in...
WTO regime: marketing issues
The slogan of ‘globalization’ was meant to enhance the overall welfare— both of consumers and producers— in the global market. The World Trade Organization (WTO) was supposed to be an authentic...
Growing canola in rice belt
Pakistan has become self-sufficient in major food commodities like rice, wheat and corn but the acute shortage of edible oil is still a serious problem. Due to rapid population growth, the...
Potassium and its role in crop growth
Potassium as an essential element is the backbone to a plant’s life and it plays many vital roles in its nutrition....
WTO and manufacturing sector of Pakistan
The World Trade Organization is more like a world government to oversee international trade and provide a platform for the settlement of trade-related disputes....
Prospects for wind-power generation
The stage is being set for the development of renewable energy in Pakistan on a fast track basis. An Alternative Energy Development Board has been established at the Prime Minister’s Secretariat,...
World commodity report
Oil prices have fallen in recent weeks, after statistics for the US crude and fuel inventories showed significant gains easing concerns about shortages during the Northern Hemisphere winter....
From policies to power generation
The entry of the Independent Power Producers (IPP’s) into our power arena was a major policy jerk, effected through the Energy Policy 1994. The country starving out of significant power drought,...
Positive developments, negative results
While the State Bank of Pakistan (SBP) Report for the financial year 2003 is generally a mixed bag comprising positive developments in practically all sectors leading to a negative conclusion, it...
The reality of cotton crisis
The textile industry is once again facing a severe crisis of price flare-up in raw cotton which has risen by 38 per cent (from Rs2500 to Rs3400 per mound) in six...