House building costs to go up as cement, steel prices surge
ALL those who have booked an estimated 30,000 to 40,000 houses (flats or town houses) in Karachi, Lahore, Islamabad and other places with construction companies will have to pay at least...
Internship plan — hopes and fears
AFTER succeeding at the rate of 0.25 per cent in implementation of the President’s Rozgar scheme by the end of the eighth month of the current fiscal year, the military-led government,...
Consumers’ slipping purchasing power
INFLATION measured by Consumer Price Index (CPI) went up by 8.14 per cent in July-January 2006-07. But inflation measured by Sensitive Price Index (SPI) rose at a much faster rate —11.84...
How to control mango malformation?
MANGO is a very difficult tree and it is always confusing to understand its pattern of vegetative and reproductive growth and its various disorders. Malformation is an intricate disorder of mango...
Organic weed control
WEEDS are harmful plants within a crop because they compete for nutrients, water, space, light and significantly reduce crop yield. Weeds also harbour pests and diseases, interfere with harvest operations, and increase the cost of cleaning and drying of the produce....
Increasing sugar cane yield
AVERAGE production of sugar cane in Pakistan is 22,000 kg per acre which is below the potential. Agronomic factors like preparatory tillage, bed preparation, planting techniques and time, water availability for...
Multipurpose shrub with economic value
SESBANIA grandiflora, locally known as Manjhandri, is a leguminous shrub grown in Sindh mainly as a source of timber through old times. Boles of these plants are used in construction of kutcha houses, cottages, huts, landhis or animal sheds and shelters....
Unrealistic measure of inflation
INFLATION is a matter of universal concern for its uneven impact on various sectors of an economy, both domestic and international. Among other things, it imposes the most unfair tax on...
World economies
THE economies of the Gulf region are expected to continue on their strong economic growth path despite last year''s sizeable drop in share prices and the rise in short term interest rates....
Boosting cement export to regional markets
NEW avenues for export of cement are opening up for the indigenous industry as Sri Lanka has shown interest to import 30,000 tons cement from Pakistan every month....
Power shortage endangers investment
THE western Indian state of Maharshtra always had a reputation for being an industrially advanced region, with successive governments focusing on development and building infrastructure. Unfortunately, intense political bickering, especially between...
Regulatory cover for risk management
THESE days a lot of debate is taking place in stock market about KSE regulations pertaining to investigations into March 2005 futures trading as well as lack of regulatory cover for new risk management measures introduced by SECP....
Leveraging human resources
VISION-2030, finalised by a committee of the Planning Commission, calls for the development of competitive export-oriented industry that should be geared to export of value-added quality products....
Rising personal insolvencies
THERE is a dire lesson for Pakistan’s consumer banking sector and those who borrow beyond their ability to repay to consume beyond their station and means in what is seen in...
Facilitating corporate bond flotation
MONEY raised by companies through the corporate bond market in Pakistan sharply declined by Rs5.5billion in 2006 compared to the previous year as the market, pre-occupied with a host of administrative...
Misplaced priority to luxury housing
A RACE is on for construction of luxury housing. Coming to participate in such large scale commercial activities are big companies from Dubai, Saudi Arabia, Kuwait and Qatar and from Malaysia, Australia and Singapore in the Far East....
Stocks shed gains amid bullish outlook on corporate news
STOCKS last week shed some of the extreme gains netted during the sustained run-up at inflated levels as a section of leading investors including financial institutions unloaded their long positions in an overbought market....
Rupee gains against dollar
IN the local currency market the rupee displayed its strength this week over the dollar. Though widening trade gap has pushed the dollars demand higher, increasing foreign exchange reserves as a...
Rice prices rise on slow upcountry arrivals
A SUSTAINED price flare-up on the rice counter featured the last week’s trading on the Karachi wholesale commodity markets followed by reports of short supply owing to slow arrivals from the upcountry trading centres....