June 27, 2005	Monday	Jumadi-ul-Awwal 19, 1426

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Lessons from PTCL’s sell-off ON June 18, 1.36 billion shares or a 26 per cent stake of Pakistan Telecommunications Company was successfully sold to the UAE-based Emirates Telecommunications Corporation, Etisalat, for $2.598 billion....		A critical appraisal of export-led strategy IN the current era, level of export growth is considered to be the touch-stone of sustainable economic growth. It is due to this reason that the export-led growth constitutes the corner-stone...
Restructuring KSE index IF the proposed ABAMCO-30 Index of the Karachi Stock Exchange (KSE) as an alternative to the KSE-100 index delivers on any of its promises, if not all, that will be of great help to the investors on KSE....		Estimates versus actual wheat output PAKISTAN is on the brink of a wheat fiasco that may be entirely the making of concocted figures to show flamboyant growth...
Date production under threat of moth disease THE date palm phoenix dactylifera is extensively cultivated for its edible fruit. Its exact native place is unknown, but date palm probably...		Renewal of sericulture industry SILKWORM was selected for research studies because the rearing of this insect for production of natural silk is a labour...
Contract system in fisheries sector SINDH is bestowed with naturally rich fishing waters of around 1,209 in number. Millions of fisher-folks draw their livelihood from it, including from the inland lakes, ponds, depressions and the Indus River....		The great divide on farm subsidies AGRICULTURAL subsidies are at present arguably the most serious issue in international trade. Not only have they caused a split...
Gwadar project in second phase THE implementation of the second phase of Gwadar Port project began last month with the release of the first instalment of Rs16.3 billion. It will help undertake deepening of the port...		Human resource management — a fad in quandary WHAT is in vogue in the Pakistani industry these days? Setting up a Human Resource Department! If you have even a slightest doubt over the validity of the statement than you...
Women labour — unrealized potential THE female labour force participation rate in Pakistan as compared with that of developed countries and even....		Producing petrol from molasses PAKISTAN produces around two million tons molasses annually out of which during the last year 1.45 million tons were exported at a nominal rate of $35 per ton, earning only $47 million....
N-power generation needs least priority THE recently approved 25-year ‘energy security action plan’ envisages increasing power generation capacity, from installed capacity of 19,540 MW of electricity (expected by end 2005) to 162,590 MW by the year....		Pakistan’s external debt burden THE Economic Survey 2004-05 says that “Pakistan’s external debt and liabilities have declined by $1.24 billion-down from $ 37.86 billion in 1999-00 to $ 36.62 billion by end-March 2005”....
Focusing on urban renewal in Karachi A CENTURY ago, only one in ten people lived in cities. Today, about three billion people — half of the humanity -– are urban dwellers....		Uplift spending in NWFP WITH high hopes of a multi-billion special grant from  the  federal government, an equally large budgetary support from the World Bank and a record receipt expected from Wapda, the NWFP government...
Stocks turn volatile after privatization THE stocks turned into a highly volatile performance last week as leading investors and financial institutions played on both sides of the fence. They apparently awaited return of the bulls....		Demand for dollar up ON the opening day of last week, the Pakistani rupee did not show any change against the dollar in inter-bank and kerb markets. Against the euro however, it recovered 40 paisa...
Govt borrowing surges to Rs108bn in a fortnight ON June 22, The State Bank of Pakistan sold Rs81 billion worth of three-month, six-month and one year Treasury bills against the target of Rs20 billion....		Essential items show firm trend THE Karachi wholesale commodity markets showed firm trend during last week as prices of some essential items increased after remaining static for last couple of weeks....