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November 20, 2006 Monday Shawwal 27, 1427 Defining income groups PEOPLE as economic actors are often categorised with reference to their financial standing in a country. They are generally categorised in lower, middle or upper strata/class depending on their lifestyle and net worth.... ‘Embarrassing’ forensic report on KSE crash HAS the US team of forensic investigators demystified anything new that caused a panic in the finance ministry and pushed it into another controversy when it delayed indefinitely, the November 13... Woes of rural Sindh RURAL Sindh is hardly 15-20 miles away from Karachi but it is decades away from the modern age. Although Karachi remains the country’s economic powerhouse, its rural areas continue to be... The healing touch of marine biotechnology MARINE biotechnology is an emerging discipline based on the use of marine natural resources. The oceans encompass about 71 per cent of the surface of our planet, but over 99 per... Promoting use of microbial biopesticides THE current use of pesticides in Pakistan is about 1,30,000 metric tons of which approximately 90 per cent is applied on cotton, rice, fruits and vegetables.... Spiders more effective than insecticides IN Pakistan like rest of the world, herbicides, insecticides, fungicides and rodenticides are being increasingly used in agriculture. Their use has created serious ecological problems. These chemicals degrade the quality of air, water, soil and biota.... Climbing the energy ladder PRESENTLY more than half of our population is not connected to the national power grid. Around 70 per cent of them live in rural areas and 90 per cent rely on traditional energy sources such as fuel, wood and biomass.... Fabrication of power plant machinery INDIGENISATION is the core of the policy for power generation projects -2002. It includes local fabrication of power plants as an important feature.... Technical jargons in simple language WHILE reforms have reduced the hassles in tax compliance, there is still room for improvement. And perhaps, the best way to improve the tax culture is though voluntary compliance like self-assessment scheme.... Security issues in port projects WHEN Chinese President Hu Jintao lands in New Delhi, he will have a lot on the agenda to discuss with the Indian political leadership. While the nearly half-a-century-old border dispute between... Developing countries in global trade WITH the admission of Vietnam to the World Trade Organisation (WTO), the total membership of the organisation comes to 150, the majority of whom are developing countries.... Trade logistics and supply chain impediments AS the world manufacturing business is thriving, the role of supply chain is growing immensely and its management is proving to be one of the biggest competitive factors after technology integration.... Land prices beyond reach of lower income groups THREE years ago, the State Bank started allowing banks to provide loans for purchase of land and construction of houses and billions of rupees were lent for the purpose in all the major cities.... Global remittances to exceed aid, FDI ACCORDING to latest 12-month figures, Britain is suffering from a whopping $142 billion trade imbalance and a massive $64 billion current account deficit. The current account deficit widened in the last quarter of 2005 to 3.5... Financial flows to reduce external vulnerabilities FOREIGN trade figures for October indicate a clear reversal of current trends as compared to the same month last year. Last month, imports declined at a faster rate(8.8... Jobs on merit only? RECRUITMENT to the government services has been re-opened in Sindh and all the posts will be filled on the basis of merit and transparently, say governor Ishrat ul Ibad and chief minister Arbab Ghulam Rahim.... A week of erratic price movements PRICE movements at the Karachi Stock Exchange were highly erratic last week as investors played on both sides of the fence without taking long positions even on high-profile shares.... Rupee loses charm ON the opening day of the week, the rupee moved down in the inter-bank market shedding three paisa on buying counter and four paisa on selling counter and traded versus the dollar at Rs60.71... Foreign exchange reserves increase by Rs5,258m ACCORDING to the Statement of Affairs of the State Bank of Pakistan, for the week ended November 04, 2006, both notes in circulation and those issued declined in the week.... Imported masoor tumbles down on hasty selling THE price trend at the Karachi wholesale commodity markets last week remained mixed as some essential items showed softening mood and descended from their higher position....

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