October 24, 2005	Monday	Ramzan 19, 1426

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Aftershocks to the economy THE ferocity of the October 8 earthquake is likely to hurt the government’s fiscal deficit target for the current year and may have significant implications for the pattern of allocations of...		Unjustified optimism The government spokespersons reckon that since much of the rehabilitation effort will be funded by foreign aid and concessional loans, no significant burden thereof will shift on to the exchequer....
Finding access to WTO’s tough regime FIGHTING our way into the tough world of the World Trade Organization (WTO) is a tremendous task. While it is full of opportunities for our industry, business and exports, the challenges are formidable....		Revitalizing livestock in quake-battered region SO many ends need to be tied in the earthquake affected regions that one cannot really blame the government if some vital requirements escaped its managers for relief and rehabilitation....
Factors affecting guava produce GUAVA is grown in Sindh and Punjab. Being a tropical tree, it adapts to soil and climatic conditions. It is third after citrus and mango in terms of area and production....		Making the livestock trade more profitable LIVESTOCK raising is a subsistence activity to meet food needs and supplement farm income in the rural areas. Almost every rural household owns some livestock...
Farming potentials in arid land THE arid land constitutes about 88 per cent of the country’s total geographic area of 79.61 million hectare (mha). Out Of this, 40.9 mha are arid including 10.5...		Outlook for cement industry THE horrific earthquake of October 8 in the northern Pakistan and the Azad Jammu and Kashmir has inflicted massive economic and social impacts...
Alberta oil sands: a new source for oil THE petroleum-drenched sands of Alberta (Canada) are going to be the greatest oil deposits of North America in future, according to a recent international press report....		World economies THE Romanian economy is forecast to grow by 5.4 per cent in 2005, before growth slows to 4 per cent in 2006 as a result of a policy tightening. The current-account deficit is expected...
Patent regime vs generic drugs: Letter from Mumbai THE sudden threat of a global pandemic caused by the H5N1 strain of avian flu has revived the raging controversy over generic drugs and the patent regime....		Why the stock market needs UINs OUR stock market frequently suffers from allegations of market abuse by resourceful participants and excessive use of leverage by financially weak speculators...
Reducing gaps in skills development THE twenty-first century witnesses a new global economy dominated by emerging technologies and skills. It is knowledge-based economy. Unfortunately, the importance of skill...		Disaster, development and policy faultlines THE grim reality of the colossal loss of lives and massive destruction of the habitat caused by the October eight earthquake is beginning to sink into the national consciousness....
Time for cold analysis AS the nation is coming out of the initial shock of the devastating earthquake and is addressing the serious issues of rehabilitation and reconstruction, it is time for a cold analysis...		Should a bank have its own insurance company? THE financial sector is doing exceedingly well, says a comprehensive report of the State Bank of Pakistan in its, ‘Financial Sector Assessment: 2004’....
Uncertain market trend keeps stock investors at bay AFTER hitting the five-month high at 9,012 points, the KSE 100-share index last week had to pass through half a dozen low barriers as leading operators, including financial traders left the...		Notes in circulation display rising trend ACCORDING to the Statement of Affairs of the State Bank of Pakistan, for the week ended October 8, 2005, both notes in circulation and issued increased in the week....
Rupee picks up against euro AMID slower trading activity, balanced demand and supply of dollar saved the rupee from fluctuating sharply versus in local currency market last week due...		Brokers keep away from speculative trade QUIET conditions prevailed on the Karachi wholesale commodity markets last week as commercial houses and brokers held on to their positions, refraining from indulging into speculative trading....