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| February 05, 2007 | Monday | Muharram 16, 1428 |
Stakeholders unaware of SME policy
 Official claims expressing ‘unwavering’ commitment to the development of small and medium enterprises (SMEs) notwithstanding, it has taken the government almost one and a half year to ‘examine’ and approve Pakistan’s first ever SME policy....
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Flashlight on Pakistan
 THE people of Pakistan should brace themselves for a major spur in the economic activity in the years ahead. Private business should also shipshape to survive in a more challenging domestic...
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Expanding frontiers of economic freedom
According to the 2007 Index of Economic Freedom (EFI) prepared jointly by The Heritage Foundation and the Wall Street Journal, Pakistan ranks 89th ahead of many regional economies....
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Irrigation schemes for Balochistan
 A Rs1.5 billion project for improving the irrigation system in five districts of Balochistan has been approved by the Central Development Working Party of the Planning Commission....
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Wilt — the most destructive crop disease
 WILT is the loss of rigidity and dropping of plant parts (partially or wholly). It is one of the most common and destructive disease of vegetables and fruits....
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Poverty alleviation through horticulture
 Globally, horticulture and agriculture are separate disciplines distinguished by methods of cultivation, culture, custom, perishability and profitability....
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A cab project without feasibility
 GIVEN the necessary resources and connections, one can make anything happen in the name of foreign investment. These benefits could be unlimited, from speedy project approvals to allocation of land...
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World economies
THE year 2006 has been better for the Russian economy than was predicted. According to data from the Ministry of Economic Development and Trade,...
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Prerequisite for free-market
THE state has a significant role in shaping the socio-economic life of its nation. But in our country the situation is different. The market is becoming the most influential factor in public policy....
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Higher education lures foreign investment
 IT is a three-letter acronym that generates heated debates and arguments in Indian politics and the world of business. FDI (foreign direct investment) is one of the most contentious issues that deeply divide’s the nation....
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Time value of money in Islamic banking
Unlike conventional banking based on interest-bearing loans, funds invested in an Islamic bank are used essentially for trade. There is no room for ambiguity in Islam “every loan that draws a gain is riba.”...
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Will free trade accords boost exports?
OUR policy makers are busy negotiating several free trade agreements (FTAs). After successfully signing of such an accord with Sri Lanka and China, negotiations are in progress with Japan, Switzerland and Egypt to promote bilateral trade....
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Switching over to client-level netting
 THE planned switch at stock exchanges from broker-level to client-level netting has been delayed by one month-- from February 1, 2007 to March 1, 2007. Client-level netting is the last and...
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‘Made-in-Pakistan’ does not sell in the UK
 Despite my best efforts over the last three months I have not been able to find in a single shop here garments carrying a Made-in-Pakistan label....
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Linking free trade accords with industrial estates
A combination of special industrial estates and free trade deals along with the policy of open house for foreign investors, is a key formula now for the industrial development....
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Land acquisition — policy needed for dispossessed
 IN our country, development projects often require large areas, which cause dislocation of human settlements and disturb livelihoods of the displaced people. Compulsory acquisition of land and homesteads for public purposes...
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KSE index maintains upward drive
 THE strong weekend rally has reinforced investors’ perceptions of continued bull-run on strong institutional and foreign buying at least till next month as both the fair values of some of the...
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Rupee parity with dollar stable
 TRADING in local currency market remained suspended on January 29 and January 30 on account of public holidays being Ashura-e-Muharram. When the market opened on January 31, the inter bank market...
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Cut off yields on T-bills unchanged
 ON January 31, the State Bank of Pakistan mopped up Rs70.358 billion of excess liquidity from the market. The cut off yields remained unchanged at 8.8142...
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Sluggish trading at wholesale market
 PHYSICAL activity on the Karachi wholesale markets remained relatively slow as the holiday-shortened week witnessed the absence of leading brokers, and some of them failed to secure fresh buying orders both from local commercial houses and upcountry dealers....
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