Taking the bull by the horns
If everything goes according to the script, Pakistan will reap a record wheat crop next year. Farmers firmly believe that the wheat output will surpass the official target of 22.50...
High interest rates hinder investment
If high interest rates have been holding up industrial investment in Pakistan, the alternate solution investors is to go to stock market to raise the requisite capital....
Poverty reduction: questions abound
The World Bank finally struck a middle ground between the critics’ and the government’s claims on poverty reduction during the first half of this decade....
Technologies for increasing wheat crop
Pakistan is predominantly an agricultural country. However, the yield of almost all the crops obtained is far less than their potential....
Integrated rice disease management
Diseases make plants function improperly and are recognised by their symptoms and associated visible changes caused by the organisms called pathogens....
Role of silicon in plants
Plant growth is a function of different environmental factors such as light, temperature, water, humidity and nutrition. In addition, it is greatly influenced by different pathogens and insects/pests resulting in low yield....
Multidisciplinary approach for controlling mosquito species
The more than 3,000 mosquito species, grouped in 39 genera and 135 subgenera, serve as obligate intermediate hosts for numerous diseases - a major cause of human mortality and morbidity....
Luring foreign direct investment
Foreign direct investment (FDI) is investment in new or existing facilities involving control of a foreign enterprise. As against volatility of foreign portfolio investment in stocks and shares, FDI involves a...
Tourism — an unexploited sector
Despite its many visible and invisible benefits and its multiplier effects on the economy, the tremendous potential of tourism remains untapped....
Merger trends in banking
A new wave of mergers and acquisitions seems to be overwhelming the banking sector. After the Standard Chartered Bank has purchased Union Bank recently, news reports indicate that some more foreign...
Surging imports widen trade deficit
INDIA’s trade deficit is widening rapidly, as the country’s hunger for imported fuel – to sustain high economic growth – has pushed up its import bill....
A growth model based on import substitution
For several decades, Brazil continued developing its growth model based on substitution of imports, keeping its own markets in focus. This has allowed the country to install a solid and diversified industrial park....
Globalisation: where is it leading to?
The verdict on globalisation appears to be still out. One is not in a position to rule out the possibility that after all these years of hope and expectation, the process could still derail....
World economies
Turkey has made remarkable progress. Aside from the real growth in its national revenue, Turkey’s economic growth multiplied in a few years time with the help of its overvalued currency,...
Managing the worsening power crisis
Pakistan recently experienced the fourth major power breakdown to hit the national grid since 1999 and the longest in its history. It cost the nation over Rs200 million....
Concurrent List and the fiscal autonomy
The federal government’s move to transfer 35 of the 47 subjects in the Concurrent List to the provinces has come three decades after it was due in 1973....
Increase in CFS will further boost stock trading
The phased-out increase in the Continuous Financing System (CFS) to Rs55 billion from Rs25 billion by the Security & Exchange Commission of Pakistan (SECP), a couple of weeks back has given...
Rupee sturdy in pre-holiday trade
The local currency market observed a long weekend on account of Eid-ul-Fitr. Trading in inter-bank as well as open market remained suspended for five days from October 22 to 26....
Money market remains brisk
According to the Statement of Affairs of the State Bank of Pakistan, for the week ended October 14, 2006, both notes in circulation and those issued increased in the week....
Imported sewing machine and garment exports
A study compiled by the Garment Industry Development Services shows that Pakistan cannot obtain a position in the global textile market because it is totally dependent on imported machinery....