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| January 08, 2007 | Monday | Zilhaj 17, 1427 |
Regulation or strangulation?
 THE promulgation of Trade Organisation Ordinance 2006 on the last day of the year has left business leaders guessing and confused as to whether it will regulate or strangulate the existing...
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Unsustainable current account deficit
 CURRENT account deficit has been a constant feature of Pakistan’s economy as in last 60 years we had current account surplus in only six years. Three of these six years have been FY 02 ($1.3...
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Mistrust about telemetry system
 IT has been two years since the Rs450 million telemetry system was installed to monitor water discharge at dams and barrages, with a view to removing inter-provincial mistrust over distribution of Indus water and allegations of water theft....
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Production technology of cauliflower
 CAULIFLOWER originated from Europe, spread to other countries and at present is cultivated in many parts of the world.. In Pakistan, it was grown on 1,697 hectares and its production in 2004-05 was 17,277 tones....
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Challenges for pressurised irrigation
 THE government is doing the right thing by encouraging farmers to try the efficient pressurised irrigation systems instead of the traditional gravity or flood irrigation. Among the pressurised systems, special emphasis...
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Upgrading the Heavy Mechanical Complex
 IN its latest unexpected move, the government has taken the Heavy Mechanical Complex (HMC) off the privatisation list at a time when its privatisation process was in advanced stages....
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The puzzle of high banking sector spread
 THE banking sector represents an intriguing anomaly. Despite considerable improvement in the asset quality of the banking sector, the difference between bank lending and deposit rates is widening....
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Retail sector undergoing paradigm shift
 THE retail sector in India has traditionally been dominated by small-time grocers and traders, whose customers remained loyal forever. In fact, customers patronise family grocers — like the family doctor, or the family barber — across several generations....
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Time value of money in Islamic banking
 AT a symposium on ‘Islamic Banking and Investment’ in Karachi, a product manager from a leading Islamic bank claimed that his bank had launched an innovative home financing product entirely based on rent sharing idea which is 100 per cent Islamic....
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Open economy and exports
 THERE may be disagreement about “openness” to global trade in goods and services, over its impact on the current account deficit, but the big question arises: “Why does exports matter?” One...
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Economic cost of latest EU expansion
 WHILE Turkish hopes of joining the European Union received a severe blow when the European Commission earlier in November 2006 recommended a partial freeze of entry talks following ostensibly Ankara''s refusal...
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Savings, investment — the engine of growth
DURING the last three years, Pakistan’s economy has grown on average at 7.5 per cent. The key to sustaining this growth rate is to increase the level of savings and investment,...
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Setting priorities for economic growth
 PAKISTAN has great potential for rapid industrialisation and economic growth which is currently capped by constraints of varied nature. To identify and remove the hurdles, it is essential that a thorough analysis of the situation may be made....
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LETTER: Saving natural gas
PAKISTAN is one of those countries which depend heavily on oil and natural gas for generating electricity. With the exception of two small nuclear stations, l thermal power plants are running...
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STOCK EXCHANGE: New Year dawns with a promising note
 STOCKS resumed New Year trading on a promising note leaving far behind the sluggishness of the eventful year as leading investors and foreign funds based their future buying strategy on the...
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RUPEE REPORT: Rupee sheds value against dollar
 DOWNTREND persisted in the rupee/dollar parity in the local currency market in the first week of 2007, as the dollar started the New Year on bearish note with the euro rising...
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MONEY MARKET: Notes in circulation higher by Rs99.9 billion
 ACCORDING to the Statement of Affairs of the State Bank of Pakistan, for the week ended July 2-December 23, 2006, both notes in circulation and those issued increased in the week....
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COMMODITIES: Little change in prices as retailers shy away
 QUITER conditions prevailed on the post-Eid holiday Karachi wholesale commodity markets trading week as prices did not show much changes in the absence of retailers....
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