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July 10, 2006 Monday Jumadi-ul-Sani 13, 1427 Privatisation process revisited ALMOST half of the remaining 40 units in the public sector are scheduled to be privatised during the current financial year.... Hopes, ambitions and pitfalls THE policy adopted at the last NCCC meeting belied the hopes of an improvement in the central bank’s regulatory attitude following the change in its leadership.... Growing sugar beet for sugar production ONE third of the 130 million tons of sugar production worldwide is derived from sugar beet while the remaining from sugarcane.... Preventing ticks’ harmful effects on livestock TICKS are recognized as important ectoparasites of livestock, and incriminated as voracious blood suckers resulting in low productivity and mortality.... Risk to food security from environmental degradation THE World Commission on Environment and Development has warned that unless we change our lifestyle, the world will continue to face environmental damage and human suffering.... The medicinal value of goat milk GOAT population has increased during 1991 to 2004 from 37 million to 54.7 million. The animal produces approximately two per cent of the world’s total annual milk and ranks third after cow and buffaloes’.... The economy: a shining veneer DURING seven years of unclipped power with unmatched international support and far more resources than ever before, the present regime had a unique opportunity to shape the country’s economic destiny.... Financing the power generation projects THE implementation of new power generation projects has become a source of major concern for the policy makers. But as there appears no mention of general or specific reasons for the... Mittal’s success creates shudders in the Indian steel industry HOSTILE takeovers are generally rare in India, and many overseas Indian entrepreneurs who in the past tried to acquire rivals in the country, have had to beat a hasty retreat.... Cutting edge Islamic finance BASICALLY, three salient features of Islamic finance differentiate it from the conventional finance.... Organised retail — sensing a paradigm shift PAKISTAN’s retail sector has grown at an average annual rate of 7.2 per cent between 1999-2002. The trend is expected to continue, and may even accelerate as growing personal income enable... Poverty reduction through growth ROOTED in the neo-classical paradigm, growth is an obsession with the international financial institutions (IFIs). When they came under heavy criticism for the model’s lack of suitability for less developed countries... Who is responsible for Karachi power crisis? THE inevitable has happened. Karachi is in severe grip of power shortages and outages. The prolonged power breakdowns have adversely affected trade, economy and civic life.... Weak monitoring of project execution CENTRAL planning does not suit developed free markets where giant business corporations and financial institutions can do without it.... Opting for high growth with low inflation THE choice for Pakistan may appear to be between the high economic growth, higher inflation and moderate growth with low inflation. But low growth could mean less employment, low production and less exports.... World economies Turkey: Turkey is at the centre of an economic and political area known as ‘Eurasia’, where three regions of the world, Europe, the former Soviet Union and the Middle East intersect... Share market takes a breather THE run-up, prevailing for last couple of weeks, was halted on the Karachi Stock Exchange owing to profit-selling at the fag end of the week. The break was triggered on the... Rupee moves both ways MIXED sentiments were witnessed in the local currency market this week where the rupee moved both ways versus the dollar. The rupee started the new fiscal year 2006-07 on negative note... Central bank raises Rs79.6bn in T-bills auction AT the auction on July 5, the State Bank of Pakistan mopped up Rs79.675 billion, through three, six, and 12 months Treasury Bills. The offered amount was Rs96.375 billion.... A spell of dull trading conditions TRADING on the Karachi wholesale commodity markets last week remained insipid as buyers were not inclined to make fresh commitments on most of the essential counters at higher rates....

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