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October 16, 2006 Monday Ramazan 22, 1427 Competition driven sustained growth IT is no more natural endowments that decide the fate of a country and its people. It is rather the way resources are put to use or competitiveness of an economy... Tardy pace of trade negotiations PRESIDENT General Pervez Musharraf has returned home from an 18-day long foreign trip with lots of praises for his leadership qualities and a couple of million dollars from the proceeds of his book’s sale.... Punjab farmers unhappy over cane prices THE government has finally given in to the pressure of the powerful lobby of sugar millers, who are heavily represented in the Parliament as well as in the federal cabinet and... Adopting latest rice planting systems RICE an important food crop and one of the main export items accounts for 6.1 per cent of the value-added in agriculture and 1.3 per cent to the GDP.... Organic management of pest insects in stored wheat FOOD security has always been the most strategic aim of the nations, worldwide. Food safety is a complementary module due to losses endured by a number of biotic and abiotic factors during production, handling and storage.... Improving fertiliser use efficiency THE supply of nutrients to crops can result in high yield with minimum pollution. The application of fertilisers dissolved in irrigation water or fertigation suits the situation where there is a... Meat and health concerns MEAT and other animal food such as milk make a valuable contribution to diet. As a concentrated source of protein, meat is not only of high biological value but its amino acid composition complements cereals and other vegetable proteins.... Phosphate rock deposits remain unexploited CONTRARY to official claim that mining and quarrying represent an important economic activity, the sector performs poorly and is neglected.... Islands’ allotment: who will be the losers? FINALLY, the Sindh government has decided not to oppose allotment of the two islands—Bundal and Buddo— to a UAE based construction giant, the Emaar Group.... Resource planning in the textile sector NUMEROUS companies use Enterprise Resource Planning Systems (ERP) to manage broad aspect of their business as it has the possibility of managing different businesses under one portfolio.... Anti-dumping duty on Chinese tyres RATTLED by the growing imports of tyres for buses and trucks from China, Indian tyre-makers last week succeeded in convincing the federal government to impose a provisional anti-dumping duty (ADD) on Chinese and Thai tyres.... Delays and cost overruns in Kachhi canal project PRIME Minister Shaukat Aziz has ordered an inquiry into the delays and cost overruns of the Kachhi canal in Balochistan. Because of the diverging views of the Planning Commission and the... Housing problems of low income groups IN order to assess the prevailing housing situation, it is necessary to asses the need of various income groups. The problem of housing is most acute for lowest to lower middle classes which constitute around two-third of the total population.... WTO: what lies ahead? AT the end of 2005 in Hong Kong, a summit was held to break the deadlock over some of the key issues in world trade. Because of the significantly different stands of the key parties involved, these issues remained unresolved.... Increasing institutional failures END-September power blackout in the country as WAPDA’s system tripped, continued inability of KESC to provide satisfactory service, the inability of the textile industry to make a strategic response to the... Indirect levy in the garb of income tax THE shrinking share of direct taxes in overall tax revenue should be a cause of concern for our policymakers. It is the lack of judicious balance between direct and indirect taxes... Security and profitability of pension funds THE mounting pension burden has become a difficult problem for many countries. The rich industrial states are troubled by the problem and the developing countries like Pakistan are also affected by it.... World economies Central Asian States: According to the Asian Development Bank’s latest economic outlook, the Central Asian states will maintain rapid economic expansion with the GDP growth in the region projected... KSE passes through a volatile week LAST week proved highly volatile for the Karachi share market with investors playing on both sides of the fence under the cross-current of negative and positive news.... Rupee reels under dollar pressure Divergent trend was seen in the currency market on the opening day as the rupee came under pressure versus the dollar in inter-bank market on tight dollars supplies as the foreign... Central bank sells Treasury bills worth Rs29.9bn ON October 12, the State Bank of Pakistan sold Rs29,900 million worth Treasury Bills in a six-day and 21-day outright repo operation to mop up funds from the money market.... Improved supplies from upcountry ease prices PRICES of some essential commodities eased modestly last week on the Karachi wholesale market with a slight improvement in supply position - thanks to steady arrivals from upcountry markets....

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