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| December 18, 2006 | Monday | Ziqa'ad 26, 1427 |
Rupee depreciation: the wrong debate
 IT is a hot topic: is rupee devaluation around the corner? But is it the right question? Perhaps not. The real and more important question is whether the government is prepared...
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Failure of monetary policy
 THE market based monetary policy regime in place since Dr Yaqub’s governorship of the State Bank (1993–1999) is a major cause of increased dependence on world money markets, the persistence of...
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Changing priorities in farm sector
 ACCORDING to the State Bank’s Annual Report, agriculture sector showed dismal performance in the last fiscal. The share of this sector in the total GDP growth has been further marginalised....
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Calcium carbide improves crop yields
 PAKISTAN has been facing the problem of low agricultural productivity. One of the main reasons of low yields is the inefficient use of fertiliser especially nitrogen use efficiency (NUE) which is in no case more than 60 per cent....
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Sunflower seeds give best nutritional quality
 SUNFLOWER seeds are power-packed with healthy fats, protein, fibre, minerals, vitamin E, and phytochemicals - all important to the nutritional quality of diet. While the vibrant, strong sunflower is a recognised...
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Growth and competitiveness
 PAKISTAN could achieve a higher growth rate of 7-8 per cent provided existing weakness in certain key areas of business environment are addressed effectively....
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Costly medicines
SOME questionable practices by medical professionals, pharmaceutical industry, and also lack of oversight by authorities, are worrisome....
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Expatriates’ money gives boost to Indian economy
 CONFRONTED by economic crises in the past, the Indian government had to appeal to its citizens living abroad to rush to its rescue by repatriating funds back home....
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Savers expecting better return
 ISLAMIC banking has assumed a significant size. Some new Islamic banks have come up while local banks have established special windows for interest-free operations....
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Ineffective minority shareholders
 THE integrity of a business is central to the stability of our economies and so is the good corporate governance. Good corporate governance includes the rules and practices that govern the...
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Refunds delayed
THE Central Board of Revenue (CBR) is withholding genuine refunds of billion of rupees. Neither NAB nor the Public Accounts Committee of Parliament or Auditor General of Pakistan, has taken the responsible officers to task....
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Pre-budget review of British economy
 THE budget season has begun in Britain with Mr Gordon Brown, the Chancellor of the Exchequer, painting an upbeat picture of Britain''s economic outlook and announcing at the same time, an...
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Updating economic data
 THE flow of accurate and timely data is necessary to help the market take informed decisions. The government releases foreign trade, inflation and tax revenue figures on a monthly basis and the overall performance of the economy every quarter....
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House building picks up as land prices dip
 AS the real estate market tumbled and land prices nosedived in the major urban areas of Punjab – especially in Lahore and Rawalpindi, since the second half of 2005, most people...
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STOCK EXCHANGE: Bourses reel under negative news
 THE Karachi Stock Exchange passed through terribly-low daily volumes last week as negative news which followed in quick succession did not allow investors to have an overview of the developing situation on corporate front....
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RUPEE REPORT: Rupee gains against dollar
 DURING the week in review, smooth dollar-supply was an aiding factor behind the rupee''s firmness. The rupee also managed to extend its ground versus the dollar following the statement that the...
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MONEY MARKET: Notes in circulation depict a rising trend
 ACCORDING to the Statement of Affairs of the State Bank of Pakistan for the week ended December 2, 2006, both notes in circulation and those issued increased in the week....
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COMMODITIES: Arrival of commodities slows down
 PRICES of some essential commodities on the Karachi wholesale markets rose amid reports of pressure on the ready supplies, last week, due to a slowdown in arrivals from the upcountry trading centres....
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