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| July 17, 2006 | Monday | Jumadi-ul-Sani 20, 1427 |
Little hope for export subsidy
 THERE is no excitement in the market over the upcoming trade policy 2006-07, scheduled to be announced today. The stakeholders are taking it in stride....
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Time to take a fresh look at trade policy
IT is time the government took a fresh look at the content and direction of its foreign trade policy. Of course, the exports have almost doubled in the last seven years,...
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A face lift for capitalism
 AN extraordinary event took place in New York last month when Warren Buffett pledged to donate the bulk of his estimated $44 billion fortune to the charitable foundation created by the only man richer than himself, Bill Gates....
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Potential of chiku cultivation
 CHIKU is delicious fruit crop of tropical and sub-tropical countries and is cultivated on about 564 hectares with production at 2,018 metric tons....
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Inter-cropping sorghum with legumes
 FODDER crop is essential for the promotion and development of livestock. In Pakistan, there are two types of livestock production practices i.e., rural household and large herds kept in rangelands....
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Soil management for food security
THE cultivated area is decreasing due to salinity/sodicity, water-logging, erosion and urbanization of agriculture land due to population growth. The decrease in cultivated area seems to widen the already existing gap between the food production and requirements....
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Growing red beans on hilly tracts
A MAJORITY of the NWFP farmers plant local maize varieties which are disease prone and low in fodder and grain yield. In Dareil Valley, farmers grow red beans in maize (inter-cropping) to get more production of both fodder and grain yields....
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Improving livestock health and production services
THE livestock services face serious problems to cater to the needs of farmers related to veterinary health coverage, production, and extension services. The private sector has limited options to grow in the existing environment....
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How to catch up with latest textile market trends
 THE conventional textile has entered into a highly competitive market where enormous capital is required with less returns. In conventional textiles, the bargaining power in the value chain has shifted to the buyer....
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People-centred community development
 THE country’s slow pace of socio-economic development can be attributed to political instability, unsatisfactory governance and development models that are incompatible with ground realities. Hence, there is a need to develop a people- oriented community development model....
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West Bengal: the hottest investment destination
 WEST Bengal was once the industrial hub of India, and many multinationals and Indian companies had their headquarters in Calcutta (now renamed Kolkata), the state capital (and once, the capital of the British Raj)....
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Provinces not allowed to reduce debt
 THE federal government’s refusal to allow provinces to retire a part of their expensive cash development loans has hampered their ability to save money consumed by high interest payments....
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Privatisation goes sour?
IN formulating public policy, choices must be weighed to determine whether they accord with the interests of all stakeholders and whether they are a balanced choice between them....
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Rising investment in irrigation
A NOTABLE feature of Public Sector Development Programme (PSDP) this year is sizeable investments in the water sector, with focus largely on improving the efficiency of deteriorating irrigation system and building more storage sites to cope with looming water-shortages....
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Restructured CDNS to fund education, housing and marriages
 THE Central Directorate of National Savings (CDNS) with an overall portfolio of over Rs1 trillion, is likely to be converted into “Pakistan Savings” soon. The restructuring of the CDNS has been on the government agenda for quite sometime now....
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Devaluation not an option
WHEN a country has a strong economy that is reflected in the strength of its currency. And intrinsic worth of the currency is reflected in its domestic and external purchasing power and its stable external value....
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Emerging gas market, privatisation and the CCI
 WITH over 50 per cent share in the total energy consumption, the natural gas is playing a critical role in fuelling economic growth. And the demand for gas is growing rapidly....
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Microfinancing law amended
THE concept of microfinancing, which is the provision of financial services to the very poor, is seen as a major tool for eradicating poverty in the developing world....
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KSE bounces back with extended gains
 THE stocks opened on a weak note due to the negative fallout of fresh probe reports of March 2005 crash. However, it bounced back on active mid-week short-covering aided by strong financial buying by finishing with an extended gain....
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Demand for US, European currencies surges
 THE rupee’s weakness in the local currency market persisted on high demand for the US and European currencies this week. Bearish sentiment prevailed in the currency market on July 10, as dollars’ demand by the corporate sector was high....
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Banking sector displays strengthened position
 THE State Bank of Pakistan on July 12, sold Rs20.5 billion worth Treasury Bills at 7.74 per cent. Two days later it sold Rs11.65 billion of the T-bills in a one...
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Prices of essential items on the increase
 PRICES of some essential items maintained an upward drive last week on the Karachi wholesale commodity markets due to a continued pressure on ready supplies for second consecutive week....
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