Textile industry eyeing bail out
Rather than rolling up the sleeves to take head on the coming challenges, the textile industry now looks baffled over reports of a 10 per cent fall in textile exports during July- September 2006....
Missing the big picture
At a time when Pakistan’s sprawling textile industry was confidently expecting large-scale increase in its exports, following the end of the textile quota, the foreign sales have come down by over...
Voluntary donations and tax compliance
Bakhtawar Bibi (literally the lucky one),34, sat alert as if guarding her possessions. She looked dirty and tired sitting on the roadside of Khayaban-e- Hafiz, a main road in posh Defence Housing Society in Karachi....
Constraints on apricot marketing
The Northern Areas (NAs) are blessed with ideal climatic conditions for cultivation of fruits like apricot. The availability of snow-melt fresh water, light textured soil, full-day sunshine, cool nights, and pest and disease-free conditions make this region ideal for fruit growing....
Biotechnology for sustainable agriculture
Agriculture provides raw material to industry which generates employment and strengthens economic self-reliance. Unfortunately, contemporary agriculture is confronted with multifarious problems which have shattered the concept of sustainable agriculture....
Improving garlic production
Garlic (Allium sativum, Linn.), a perennial herb belonging to the family Alliaceae, is related to onion (Allium cepa, Linn) which is another bulbous condiment and both are widely used in various dishes....
The menace of farm rats
Rodents are a particular type of mammals. Those about six inches long are called rats. Many rodents are larger than rats like porcupine and some smaller called mice....
Indigenisation of fertiliser machinery and equipment
Pakistan’s fertiliser industry is well established and based on advanced technology with an investment of Rs87 billion, providing employment to about 7,600 persons....
Upgrading skills for knowledge-based economy
Technological developments in the last century have transformed a majority of wealth-creating activities which are now more “knowledge-based” and not so much physical-based....
Absence of HR policy in textiles
Human factor, a vital element in manufacturing, is one of the key factors which drives business towards profitability and growth. In order to ensure maximum output of the manpower involved in...
Monetary policy: worries about inflation
THE Reserve Bank of India (RBI), like many other central banks around the globe, is constantly worried about inflationary pressures on the economy....
Interest-free banking in the United States
From visits to interest-free banks and financial institutions and subsequent meetings with those involved gives one the impression that interest-free banking is gaining market share in the United States....
Economics, peace and micro credit
The Nobel awards in the first half of October each year arouse considerable excitement, sometimes even controversy, both among the academic community and other well-informed people, who treat them as pointers of excellence in various fields of learning and human endeavour....
‘Goldilocks’ comes to the UK
The British economy is in a state of resurgence at a time when inflation is visibly subdued. It is neither too hot nor too cold. The Organisation for Economic Cooperation and...
CDNS’s efforts to access the money market
An additional Rs200 billion will be raised over the next 2-4 years by attracting institutional investment in national saving schemes, according to an estimate by the Central Directorate of National Savings (CDNS)....
Why developing countries subsidise the developed world?
Theory and practice prescribe that capital flows from developed, rich and capital-surplus countries to developing poor and capital scarce countries. This has been the pattern of capital flows since the integration...
Bourses fail to recover losses despite rally
The stock market could not recover its initial losses despite witnessing a strong weekend rally aided by heavy buying in response to the postponement of new risk management system....
Rupee resists decline
The week commenced on a quiet note as the supply of dollars was sufficient to meet the demand. The rupee-dollar parity rates remained stable in the inter-bank market changing hands at its weekend levels of Rs60.62...
Forex reserves rise
According to the Statement of Affairs of the State Bank of Pakistan for the week ended July 2October 21, 2006, both notes in circulation and issued increased....
Commodities move both ways
THE Karachi wholesale commodity market, during the post Eid-holiday week, experienced major either-way price fluctuations on some essential counters as the pent-up demand made bigger showing on the industrial raw material sectors....