October 3, 2005	Monday	Sha’aban 28, 1426

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The tale of three diasporas THE preoccupation with remittances has prevented a broader understanding of the dynamic effects of migration which may often be more important. Two such effects that need consideration in the context of...		Whither Islamic banking? THE government’s approach towards Islamic banking has undergone a radical change. Pakistan has worked with two models of Islamic banking, one introduced by General Zia and the other inducted by the present government....
Conservation technologies in farming PRESSURE on the productivity of agriculture has been increasing the world over because of the rising population in many countries, and Pakistan, with its explosion of population, has been feeling the pinch more intensely than many other nations....		Trout farming — a lucrative business TROUT fish farming is an important natural and potential source of income of the farmers of Northern Areas (NAs). Nature has bestowed the NAs with large cold water resources with a variety of habitats that are best suited for trout farming....
Challenges and constraints facing small farmers IN developing countries, agriculture continues to be the main source of employment, livelihood and income for between 50-90 per cent of the population. And small farmers make up the majority, up to 70–95 per cent of the farming population....		Sharing of Indus waters AFTER submission of the ‘technical committee report’ on water availability and its reported recommendation on the construction of Bhasha Dam, apprehensions have mounted about perpetual disadvantage of Sindh in Indus water sharing....
World commodity report OIL prices climbed last week as Hurricane Rita bore down on the Texas Coast, disrupting the US oil industry and rattling insurance stocks. Oil prices rose...		Focusing on coal for power generation THE consumption of energy is one of the critical indicators of the level of development of any country. Pakistan’s total primary energy supplies measured in terms of tons of oil equivalent (toe) stood at 50.8...
Irrigated area under wastewater THE area under wastewater irrigation has increased significantly with about 20 million hectares producing nearly 40 per cent of the food produced worldwide. And the wastewater use is 1.3...		Costlier credit and liquidity crunch GARMENT producers are anxiously waiting for a government action on the recommendations of a committee which was constituted by the ECC months back. It was mandated to give proposals for financial...
Protection against dumping THE trade scenario since January 1, 2005 is changing with the World Trade Organization’s rules and regulations facilitating trade through fair and equitable competition. One of WTO’s concerns is the risk of cheap imports the producer country may face....		Poverty in the world’s richest country POVERTY is a big problem in developing countries like Pakistan and India. But one would be amazed to know that even in the world’s richest country-America- the number of the poor runs into tens of millions....
How many stock brokers do we need? APPROXIMATELY 300 stock brokers are registered at KSE, LSE, and ISE. Their number has grown by 15 per cent from 261 in 2002. But how many brokers does our stock market...		External sector’s intrinsic position Pakistan’s current account balance indicates an unusual favourable trend since FY01. However, a major factor that influenced the trend most positively was the workers remittances....
Growing demand fuelling industrial investment INVESTMENT is growing at a moderate pace to expand industry and other sectors, pushed by rising domestic and export demand. But whether it is manufacturing or construction, services or farming the full potential has yet to be realized....		Asia rising on the back of industrial revolution AFTER three hundred years, Asia is rising again. Much of the continent is now generating wealth and power not by any abundance of natural resources but by the creativity of its human capital and the productivity of its enterprises....
PTCL deal back-out fears create ripples in stock market THE stocks last week fell and rose on positive and negative news of the PTCL. However, they managed to finish modestly higher despite a massive battering received by the telecom giant...		Remittances help rupee gain vs dollar THE local currency market wore a dull look this week in the absence of speculative trading. Despite heavy payments, sufficient supply pushed the rupee value up versus the dollar....
Foreign exchange swells by Rs3,910.264m AT the auction on September 28, the State Bank of Pakistan sold Rs144.15 million of three-month Treasury Bills and Rs5.011 billion of the 12-month paper. It received total bids worth Rs44.185...		Prices soften on steady arrivals AFTER a sustained run-up, essential items on the Karachi wholesale commodity markets softened last week on improved supplies and selling in part by the stockists on fears of further decline....