SECP — a toothless regulator
MANY have suffered in the March 2005 and June 2006 crises of stock market. Investors, brokers, analysts, stock exchanges, SECP, government - all have either lost money or face....
Trade policy thrust unchanged
AT the peril of earning the ire of Commerce Minister Humayun Akhtar, it has to be said that in essence the trade policy 2006-07 looks more like the old wine in a new bottle....
Fighting a price war
A FIERCE competition among Pakistan, India, Bangladesh and other developing countries for enhancing their share in the affluent US and EU textile markets, after lifting of export quota on January 1, 2005, has provoked a price war....
Integrated weed management in rice
WEEDS reduces the yield and quality of a crop. It also raises the cost of production. In case of paddy, the yield drops by 15-20 per cent and sometimes, even 50 per cent....
Beekeeping — a profitable venture
HONEYBEES are social insects that live in hives and feed on pollen and nectar. Bees carry pollen thus enabling plants to produce seeds....
Rinderpest-free status by May 2007
Livestock plays a pivotal role in socio-economic life of the rural community. It contributed 10.8 per cent to GDP and 46.8 per cent to the agriculture production during the year 2004-2005....
Myths about mutual accord on lab tests and certification
SINCE the establishment of Pakistan National Accreditation Council (PNAC) in 1998 which become functional in 2001, the most frequently asked question is ‘when will PNAC get international recognition by signing Mutual...
A medium-term development strategy
BALOCHISTAN has formulated a “medium-term development strategy” (MDS) to create an enabling environment for private investment, develop human resources and to improve the water management to boost agricultural production....
Poverty and population control
THE government faces the twin challenge of reducing poverty and at the same time reducing the high population growth rate. Though the macroeconomic situation has been improved and official poverty figures...
‘Amended labour laws’
THIS is reference to an article published in the EBR Weekly (July 3-9) on the “amended labour laws”. I would like to make the following points on the same topic:...
Foreign port operators in rough waters
THE international port operators, looking out for acquisitions abroad, are finding themselves in rough seas, as the governments have begun raising the security-related issues....
Power crisis in Karachi
VERY insightful analyses of the electric power demand-supply gap in Karachi have appeared recently amply demonstrating the inability to create additional power generation capacity in good time....
The brain drain
EXACTLY what led Fokker to recent crash near Multan, killing all 45 passengers on board? Different people have different opinions. The official reason behind the crash will come, if ever it comes, later possibly in next couple of weeks....
Home financing for low income groups
IT has become impossible for lower income groups to build or buy their own house due to soaring property prices, surging costs of land and building materials....
Long awaited monetary policy
ON July 18, the SBP finally adopted a regulatory measure to tighten monetary policy that many observers expected as early as June 2004. Better late than never!...
The devolution proposals
NOTWITHSTANDING the accusations that no ruler in Pakistan is really interested in shedding centralized authority, the National Reconstruction Bureau (NRB) has finalised proposals to transfer those functions to the provinces which can be performed by their governments....
Misplaced hopes
BY keeping the import bill at the last year’s level of $28 billion, against a record rise 39 per cent in 2005-06 and decelerating the annual export growth rate to 13 per cent ($18.6...
An outlook on home remittances
HAVING achieved a record rise in remittances of overseas Pakistanis to $4.6 billion in the last fiscal year, Pakistan now faces a prospect of falling inflows because of a big drop in the number of workers going abroad for employment....
World economies
Australia: Australia’S economic performance shows mixed trends. The benefits of the mining boom have to date been narrowly based. Much of the rest of the economy — including retail, manufacturing...
Tax-related issues fail to deter KSE drive
THE stocks maintained an upward drive despite mid-week disruptions on account of the tax-related negative news. There was steady buying of the shares whose companies were due to hold their board meetings next week....
Fluctuating exchange rates
THE rupee/dollar parity remained fluctuated in the local currency market this week. Divergent trend was seen in the local currency market on July 17, amid tight supply of dollars....
Cautious trading by Wholesalers
PHYSICAL trading on the Karachi wholesale commodity markets remained relatively sluggish during the preceding week as both, wholesalers and retailers extended cautious support at higher levels....