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| August 07, 2006 | Monday | Rajab 11, 1427 |
An industrial city eyes the future
 WITH more than a century-old manufacturing base, Sialkot represents an economy that is unique to the city. The city, whose manufacturing potential was first discovered by British colonialists towards the end...
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Weeding out fake trade bodies
A government appointed committee headed by Justice (rtd) Saleem Akhtar is drafting a new law to replace the Trade Ordinance-1961 with a view to introducing a “responsible corporate culture” in trade bodies and to help them in becoming “service oriented”....
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A mild statement of harsh truths
 SBP’s monetary policy for July-December is not just another announcement. It is a carefully worded expression of its advisory role – something that was missing for quite a while....
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The mealy bug problem
 LAST year, the mealy bug attacked on cotton crop in Sindh and Punjab. In 2006, the bug affected 11 districts in Sindh. Mirpurkhas and Sanghar were the worst affected....
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Trends in cotton production and consumption
 THE raw cotton consumption by the domestic textile industry has been increasing at a rate of four per cent per annum from the last one and half decades....
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How to develop floriculture?
 UNFORTUNATELY, Pakistan has negligible share in worldwide floriculture trade despite having fertile lands, best irrigation system, and rich resources to venture in this enterprising business which not only generates rural employment but also fetches precious foreign exchange....
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Increasing the nutritional value in livestock fodder
 ANIMAL productivity depends on genes, nutrition and management. In our country, nutritional requirements of livestock are mainly met through fodder, shrubs, grasses and agro-industrial by-products....
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Integrated rice-growing system
 RICE is cultivated either as a rain-fed or supplementary and fully irrigated crop. The rice cultivation system mainly depends on rainfall and its distribution....
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Privatisation of Lasbela Textile Mills
THE Privatisation Commission (PC) has received the highest bid of Rs156 million for the sale of assets, plant, machinery and equipment of Lasbela Textile Mills (LTM)....
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Profitability of summer vegetables
WITH continuous increase in population, Pakistan is facing food security problem since its independence because the main focus of policy makers has remained on staple food crops....
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Indian skies becoming more cluttered
 INDIA’S crowded domestic skies have become even more cluttered with the launch this month of another low-cost airline IndiGo. Five more airlines are also planning to take to the skies over...
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Inflation remains a serious threat
THE current inflation rate as measured by the consumer price index (CPI) – has come down from its higher level of 9.3 per cent in 2004-05 to eight per cent in 2005-06....
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Governmental reforms
WHILE the expanding public sector investment requires institutional capacity building and the emerging market needs to be disciplined by strong regulators, the policy-makers are showing signs of reform exhaustion....
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Opting for coal-fired power plants
THE recent power outages in big cities including Karachi have brought into focus the need for additional power generation capacity together with revamping of transmission and distribution networks....
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Focusing on quality
 WHILE support from the government is required to help boost exports, there is much that needs to be done internally to make the industry internationally competitive....
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Tight monetary policy in a cash-run economy
 WHILE the State Bank of Pakistan is reinforcing its tight monetary policy to fight inflation, that strategy usually takes some time to make its impact felt....
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Two Kashmirs — one economy?
 INDIA has not yet officially accepted Pakistan’s proposal for demilitarising the two parts Kashmir and according them self-governance under the joint management of Islamabad and New Delhi....
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World economies
United Kingdom: THE global recovery that began in 2002 continues, with world GDP advancing 4.9pc in 2006 and 4.4pc in 2007. This makes the 2004-2007 expansion the fastest since the early 1970s...
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Stocks heading towards 11,000-level on good corporate performance
 THE KSE 100-share index last week virtually raced towards its next target of 11,000-level as despite mid-week interruptions in the run-up on snap profit-selling the overall sentiment remained uppishly inclined....
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Rupee firm against dollar
 THE rupee seems to have stabilised versus the dollar, since the State Bank had raised the discount rate to 9.5pc from nine per cent last week and is now showing a steadier trend in the local currency market....
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Yields on T-bills move up
 ON August 2, the State Bank of Pakistan raised the yields on treasury bills. For 6 months the cut-off yield was raised by 32 basis points to 8.814...
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No let-up in prices on slow arrivals after rains
 THE Karachi wholesale commodity markets maintained their upward trend during the preceding week owing to fall in arrivals from the upcountry trading centres because of monsoon rain....
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