A raw deal for small savers
HAD it not been penny-pinching attitude of family budget maker, the housewives who battle each day against inflation, the domestic savings rate would have been more dismal....
Private pension funds to get licences
THE 1990s was the decade of global pension reforms. A number of countries moved swiftly in the direction of government mandated but privately provided individual retirement plans....
Difficult choices amid worsening economic trends
A single line hint “the Central Bank may have to make a difficult choice, if large external imbalances persist” dropped by the State Bank of Pakistan in its annual report of...
Bottlenecks in rice marketing
MEAGRE marketable surplus of small farmers together with their weak financial position makes it difficult for them to withhold the produce for better prices, while the remoteness from the organised markets...
Venturing in spinach cultivation
Spinach is an excellent source of beta cortene, vitamin C, E, and K, potassium, iron, sulphur, sodium, folic acid and oxalic acid. It contains more protein than most vegetables....
Economics of livestock diseases
THE importance of financial evaluations in livestock enterprises has been partly responsible for the increased application of economic techniques to animal disease control at farm and at national levels....
No compensation for LBOD victims
THE Left Bank Outfall Drain (LBOD) project brought environmental and socio-economic disaster, specially for people in Badeen who approached the inspection panel of the World Bank for non-partisan investigation of the WB-funded project....
Inquiry into Kachi Canal
THE prime minister has ordered an inquiry into the Kachi Canal for its wrong planning. The canal is being executed without proper planning and investigations and suffers from faulty design and...
Investment race and politicians
MEGA investment proposals, which promise to generate thousands of jobs, raise billions of rupees in taxes, and contribute to rapid economic growth, are generally welcomed by politicians, trade unions, other businesses and the general public....
Balance-sheet approach for managing reserves and external debt
Both theory and practice of foreign exchange (FX) reserve management have developed enormously over the last decade. The theory has developed to the point where the FX reserve management is now...
Best practices for un-listed companies
WHY and how should good governance practices be promoted in non-listed companies? This was the topic of a seminar organised by the Pakistan Institute of Corporate Governance (PICG), the Centre for...
The depreciating dollar
THE dollar has more or less stabilised over the week-end. But most currency watchers have stopped betting on the greenback. They predict further battering of what has, so far remained one of the strongest currencies in the world....
SBP report: no alarm bells
THERE is little in the State Bank of Pakistan (SBP) annual report 2006 that may ring alarm bells for the economic policy makers in Islamabad.. The key economic indicators do not...
High cost of doing business
AT a time when the country is wooing investors and trying to lure foreign companies in its privatisation process, the issue of high cost of doing a business in Pakistan has come to the fore....
Saving endangered exports
Maintaining and boosting exports in the post-2005 liberalised scenario is posing a major challenge. It is alarming to see readymade garments and knitwear manufacturing units closing down....
World economies
Syria: THE Syrian economy is benefiting from strong oil prices and the non-oil sector is performing strongly. Beside, the piecemeal reform programme has accelerated over the last year....
Equity market makes modest recovery
After last week’s massive fall, the shares on Karachi’s stock market showed a modest recovery, although the mid-week snap ran-up could not be sustained owing to late profit-selling and the absence of institutional support even at falling prices....
Rupee hits two-year low
LOCAL currency is under tremendous pressure these days. Strong dollar-demand to cover rising imports is exerting downward pressure on the rupee. The rupee has already reached its two year lows....
State Bank plans auction of Pakistan Investment Bonds
THE State Bank of Pakistan has invited bids for sale of the Pakistan Investment Bonds of three, five, 10, 15, 20 and 30 years’ maturity. The target for the sale of the PIBs is just 20 years....
Supply interruptions push up prices
TRADING activity on the Karachi wholesale markets was relatively slow last week as ready position was reasonably comfortable on the reports of steady arrivals from the upcountry trading centres....