Not all textile quotas may end after 2005
As the deadline for the long-awaited termination of textile and clothing quotas under the MFA draws nearer and is, in fact, a matter of three weeks only, about 100 textile trade groups from across the globe and some poor countries have stepped up pressure on the WTO
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A balance of financial terror: US invention
After World War II, rise of the US Dollar to the exalted status of the most widely accepted reserve currency, was inevitable; 60 per cent of the world's gold reserves owned by the warring European nations had shifted to the US
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Land reforms: Is it flogging a dead horse?
Despite the stout defence of the rural gentry that the existing pattern of land ownership, income distribution and cultural practices not only make farming a legitimate professional like any other
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Inflation encouraging adulteration
Sustained inflation is the incentive to adulteration of food, drinks and drugs and the use of short weights and measures to enhance profit.
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SMEs and the practice of subcontracting
In my overview titled Small and Medium Enterprises in Asia (Dawn Oct 11th) it was stated that key to the success of Japanese SME lay in its subcontracting system.
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Unbundling Wapda's power wing: bane or a boon
Press reports are replete with news that Wapda's Power Wing is presently in the process of being de-bundled (broken up), which activity would attain finality on January, 2005.
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Tariff row further delaying Thar Coal Project
President of Pakistan visited Thar in 1993, I as DG Sindh Coal Authority and MD Lakhra Coal Development Company made a presentation to him. The president was unhappy when I said Lakhra Coal Project took 110 years to develop.
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High power rates: causes and prospects of reduction
Good were the days when electricity was cheap and affordable. From paisa 12 in 1970, it rose to an average of Rs4 in 2003. Fantastic! High electricity rates have rendered the electricity beyond common man's reach.
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Cotton Price Policy: gains and losses to farmers
The government announced the support price of seed-cotton (phutti) at Rs900 per 40kg for the 2003-04 crop, which was substantially higher than the last year's Rs850.
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Kalabagh consultants suggested barrage instead of dam
This is with reference to Wapda's view titled "Technical viability of the Kalabagh Dam" published in Dawn on November 29, 2004 in reply to my article titled "In feasibility of Kalabagh Dam" published by Dawn on November 1, 2004.
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New technologies: not only lip service but practical approach is crucial
The latest buzz expression in official circles of the agriculture sector is water conserving technologies. Every one you come across or the dignitaries whose staff scripted insight has added drip and sprinkler irrigation
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Investors refrain from taking a breather amid rising market
Stocks maintained their upward drive during the last week as investors were not inclined to take even a technical breather amid predictions that the market is set to better all previous records both in terms of index level and market capital.
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SBP mops up Rs27.45bn from inter bank market
On December 9, the State Bank of Pakistan conducted an open market operation to suck in Rs27.45 billion from the inter-bank market. It mopped up Rs26.45 billion through one-week repo of T-bills at 2.45 per cent
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Rupee enjoys stable conditions
The rupee has been able to sustain its present levels with the support of the State Bank of Pakistan (SBP) dollars selling to the banks for oil payments. This week, the rupee/dollar parity remain traded in a narrow range in the inter-bank market.
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