March, 14 2005	Monday	03 Safar 1426

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Developing economic distortions MANY observers find it difficult to reconcile to the logic behind the unabated rise of the KSE-100 stock index. To the optimists, each one of these worried commentators looks like the...		Move to centralize land registration AN official move is afoot to set up a federal land registration authority (FLRA) to function more like the National Data-base Registration Authority in respect of land-ownership....
Does the share market need client IDs? ON March 4, the Securities & Exchange Commission of Pakistan (SECP) issued a directive to the three stock exchanges, the Central Depository Company and the National Clearing Company asking them to...		Forex reserves rise by Rs6,070.511 million ACCORDING to the Statement of Affairs of the State Bank of Pakistan, for the week ended February 26, 2005, both notes in circulation and those issued declined in the week. ...
KSE share index rushing towards 10,000-point level THE KSE 100-share index took a brief technical breather at the fag-end of last week. Leading punters and speculative investors adjusted their portfolio to be an active part of bulls that...		Rupee/dollar parity stays stable MARKET sentiments remained subdued this week. Currency dealers saw lack of interest prevailing in the market, where investors were hesitant to invest in dollars due to its weakness in international market....
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Initiatives for modern horticulture lacking A BREAK through in alleviating poverty can be achieved through development of horticulture. The demand for fruits, nuts, vegetables, ornamentals, medicinal plants, herbs and spices is growing fast the world over,...		Citrus development still a far cry CITRUS, a member of family Rutaceae is a rich bounty of edible fruits of different species like mandarins, oranges, grapefruit, lemons and limes with minor categories like tangerines, pummelos and tangelos...
Uncertain future of small farmers SMALL-scale farmers with 5-12.5 acres of land holding are an important component of the agriculture. In Pakistan, they are around 93 per cent of the agricultural community....		Elusive consensus on dams FOR the last about 17 years since the first post Ziaul Haq quasi-democratic system was installed in Pakistan, first Kalabagh Dam (KBD), then Bhasha Dam as well and now water reservoirs...
Potentials and challenges in quality meat production PAKISTAN is the fifth largest milk and second largest goat meat producing country of the world. The livestock production accounts for 49.1 per cent of the agricultural value-added and about 11.4...		Dilapidated water supply system AN elaborate workshop was organized to discuss issues relating to the water and sanitation situation in Karachi last month. World Bank, Federal Ministry of Environment, Sindh Local Government Department and City...
Snags in human resource development HUMAN resources forming an important component of national wealth comprise raw labour, human capital and social capital. Here human capital implies resources developed in health-care environment through general and specialized education...		Ways to counter dumping of foreign goods DUMPING is selling goods at less than the normal price in the international market. Any individual producer or a nation may do it. It is usually done to drive away competitors...
Emulating Shanghai success story: Mumbai Letter INDIA’S financial and commercial capital faces an identity crisis, as decision-makers and city planners are still not sure how they would like the metropolis to shape up....		Towards strategic planning 2005-10 PAKISTAN has seen a dramatic turnaround in its macroeconomic indicators in the past four years. The growth rate is over six per cent, foreign exchange reserves are at $12.5 billion and...
No progress on shares’ free float DEBATE on lack of share free float and the need to increase it has been going on in the capital market for some time. However, meaningful progress on defining and measuring...		The rich and lacklustre investment activity THERE is no dearth of success stories in corporate Pakistan. Enterprising and shrewd businessmen have created a niche for themselves in the local market and are doing very well. On the...
Two major worries of Punjab WIDESPREAD unemployment and rampant poverty have remained the two major worries of successive governments of the Punjab since early 1990s. Every government has attempted to tackle these two problems in its...		The movers and shakers of new Euro-Asia OPERATING tax-free and out of the media or watchdog spotlight is the most powerful “non-profit” association in the United States, the American Turkish Council. Like the thousands of Associations operating inside...