An agenda for PTCL’s new team
PTCL is privatized so that it may be turned around. Turnaround is a term generally used for loss making units that PTCL was not. PTCL was highly profitable but not as profitable and efficient as the policy makers would like it to be. According to the ministers...
The staggering housing deficit
WITH the National Housing Policy announced with considerable fanfare gathering more dust than help build houses...
The failing agriculture sector
PAKISTAN is often referred to as a ‘failed state. That is a debatable assessment. But a country with agriculture as the base of its economy importing basic food items suggests a rapidly failing agriculture sector....
Reasons for the bumper cotton crop
RAISING of cotton crop is prone to many risks right from its planting till it is harvested. If the rain is more than the optimum at the time of sowing...
Improving fertilizer efficiency
CROP plants require 16 nutrients essential for growth and development and are classified as macro and micro or major and minor. Macronutrients include nitrogen...
Strategy for agribusiness
THE agribusiness is notably growing in food processing industries but is confronted with several Issues to realize its full potentials. The opportunities in agro-food...
A tax system for development
A MAJOR problem has been insufficient tax revenue required to contain budget deficit and boost development expenditure. Tax is a primary mechanism of revenue generation, meant for meeting development expenditures....
National role for investment banks
IN a widely reviewed recent book, Phillip Augur group managing director of Schroeder’s has argued that the integrated investment banking model is inherently flawed since it seeks “an irreconcilable reconciliation between a plethora of inbuilt conflicts of interest”....
Balance of payments imperatives
AFTER registering surplus in the fiscal years 2000-01 to 03-04, the country’s overall balance of payments took a U-turn in the fiscal 2004-05.There was a balance of payments deficit of $484 million during July- 04-April,2005....
Why saving rates are so low
PAKISTAN has historically been registering a low saving rate as compared to its neighbouring countries in South Asia...
Achieving a sustainable economic growth path
NO doubt, a conspicuous rise in GDP growth rate (8.4 per cent) and per capita income now resting at $736 have brought laurels for the country’s economic managers....
World commodity report
WORLD oil prices have risen to highs of $61 a barrel last week on fresh fourth quarter supply worries. Fresh fears of a global supply shortage...
KSE rife with rumours of extension in ‘badla’ phase-out date
THE stocks maintained their winning streak for third consecutive week as bulls were not inclined to leave the floor expecting an extension in date to phase-out the Carry Over Trade (COT)....
Demand, time deposits display rising trend
ON July 6, the State Bank of Pakistan raised the Treasury bills’ yield modestly. While the six-month bill’s rate was kept unchanged at 7.99 per cent...
Rupee soft in thin trade
THE rupee showed a softening trend versus the dollar this week in the currency market. On the opening day, the activity was slightly thin as the New York...
Commodities come under price pressure
MOST of the essential commodities showed rising trend in the last week due to a pressure on ready supplies and active short-covering purchases...