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December 1, 2003 Monday Shawwal 6, 1424 Wapda & KESC: corruption takes its toll It has been disquieting to learn that our power utilities are also being closely observed by the IMF and the World Bank. Mid-2003, the IMF released its sixth tranche of its... Devaluation of the West’s labour power  IMPROVEMENT in the means of communication has made it possible to transfer some office jobs from the First World to the Third World. George Monbiot of ‘The Guardian’ in one of..   Generating interest of expats for investment Some $60 billion are sent home through official channels by migrants to developing countries each year. Add to this another $15 billion in various unreported ways and the number is an... Increasing Pak-China agri cooperation Pakistan and China are the two neighbours bound in strong bonds of friendship for the last 52 years. Spread over a period of more than half a century, this friendship has... The crop is there but where is fertilizer? While the question of the agriculture sector’s fertilizer needs, specifically of DAP, is perennial, it gains additional importance in the wheat cultivation season in view of the crop being vital to... Weeds and their ill-effects on main crops A weed may be defined as any plant growing where it is not wanted. Weeds are the undesirable plants, which hamper the healthy growth of cultivated crops. A crop plant is... How long will car industry take for indeginization? The State Bank of Pakistan (SBP) has again come out with some candid remarks on the car industry’s performance regarding slow achievement of deletion targets by the local assemblers.... Factory layoffs After a bloodletting that cost 2.8 million jobs in just over three years, the US factory payrolls are expected to soon start inching higher, economists believe. But many manufacturing jobs may... Badla rates swing with bourses Badla rates (carry over transactions) on major stock markets fluctuated in line with the rise and fall of the bourses during the last couple of months, but remained fairly stable within... Lint cotton prices all-time high Lint cotton prices have never been so expensive as they are in the current season. This probably would go into the country’s trading history as a ‘record year’ in more than... WTO: Singapore issues The Cancun conference failed as the developed world was not ready to eliminate the heavy subsidies on their agriculture sector but was ready to ‘consider’ their reduction in return of the... Product repositioning — key to successful marketing Making profit is of paramount importance to any business, a goal that can be achieved in two ways: by selling more or creating a product that would attract more buyers. The... Demutualization of stock exchanges There are differences in the manner in which stock exchanges are operated and regulated. They differ in the terms of the role of the board and the staff of the exchange,... New prudential rules and banking operations The State Bank of Pakistan (SBP) has issued three sets of Prudential Regulations (PRs) under BPD Circular No. 35 dated October 28, 2003 for compliance by all banks and DFIs. The... Regulatory structure in the deregulated environment Over the past two decades, a far-reaching change has occurred in the institutional and regulatory framework of the telecommunication industry. Most of the countries have partially or completely privatized their public... Banning polythene bags The recent decision of the City District Government Karachi to ban the use of polythene shopping bags in the city after June 2004 to tackle the ever increasing waste disposal problems...

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