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| February 26, 2007 | Monday | Safar 8, 1428 |
Energy corridor: myth and reality
 PRIME Minister Shaukat Aziz told the third annual Oil and Gas conference that Pakistan will proceed with plans to build a gas pipeline from Iran even if India pulls out of...
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Sindh’s shrinking share in farm credit
 SINDH is gradually losing its share in agricultural credit which is being attributed to the limited availability of farmers’ passbooks, the lack of cooperation by the provincial revenue departments to verify...
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Investing remittances more productively
OVERSEAS Pakistanis continue to send larger amounts of foreign exchange back home.. And this, coupled with greater inflows of foreign direct investment, strengthens the balance of payments....
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Outlook for Islamic financing of agriculture
ISLAMIC banks are planning to capture 10 per cent of the total financial market in the next three years. The target may not be met without agriculture financing....
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Laser technology and irrigation efficiency
 THE decision of the Punjab government to provide laser land levelling technology in every union council aimed at curtailing wastage of irrigation water in the province is a good move for the farming community....
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Mulching for resource conservation
 RESOURCES are always limited and they need to be conserved to achieve sustainability in any system. Mulches can be successfully employed for resource conservation and sustainability in agriculture....
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Wildlife as a biological control agent
 IN broad spectrum wildlife, including birds, animals, insects and soil micro organisms, plays a significant role in maintaining better health condition of crops due to its role as agro environment-friendly agent....
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‘Implementation gap’ in policies
 IN Pakistan, as in any other developing countries, the government tends to formulate policies without considering its own implementation capacity. As a result, the gap between policy objectives and actual delivery of public goods has been widening over the years....
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Balochistan’s marble export
 MARBLE is an export-oriented sector. The estimated export of marble and granite products stood at $18 million during the first half 2006-07. Onyx-manufactured items worth $6.878...
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World commodity report
OIL prices have fallen in recent days, owing to expectations of warmer temperatures in the United States which should reduce demand for heating fuel. ..
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Cutting costs of wind power
 THE world’s energy scenario looks poised for a change. Higher international oil prices, geopolitical uncertainty and growing focus on global warming seem to be paving the way for a new energy policy....
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India: 2 leading state-owned airlines to be merged
 INDIA’S civil aviation sector, which has taken off on a high-growth trajectory, last week heralded the era of consolidation, with a ministerial committee endorsing the move to merge the two state-owned giants, Air India and Indian....
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Debate about microfinance interest rates
NOW that the central bank is expected to issue three to four licences for setting up of microfinance banks in the private sector, a debate has started that interest rates linked...
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Upgrading national trade corridor
 IN just six years, foreign trade has increased from less than $20billion per annum to more than $45 billion in 2005-2006 in an economy with $140 billion plus GDP....
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Demutualisation and the KSE
ON August 10, 2002, the Security Exchange Commission of Pakistan (SECP) asked the Karachi Stock Exchange (KSE) to submit its proposals on the demutualisation of the bourses....
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Discord hampers India-Pakistan trade expansion
 PAKISTAN wants to import many essential items from India which will certainly tilt the balance of trade in favour of New Delhi. It is estimated that at the end of this...
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Consumers’ response to overcharging by banks
 LIKE in Pakistan, the banking and financial sector is the most profitable economic activity in the UK. Of course, there is no comparison between the sizes and quality of the two...
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The puzzling, high economic growth rate
 AS elections approach, the official projection of “economic miracle” achieved by the government reminds one of a similar media campaign by former BJP government of “Shining India” before the marginalised masses sent it packing....
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Foreign buying of bank shares helps stocks’ upward drive
 AFTER previous technical correction, stocks last week resumed their upward drive on active short-covering at the lower levels aided partly by foreign fund buying on some of the banking counters....
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Rupee firm despite higher dollar demand
 THIS week, the rupee got strength in the currency market as the supply of the dollars improved after opening of international markets. Positive fundamentals on the economic front also supported the rupee to gain its lost ground versus the US currency....
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Bank lending to industrial sector declines
 According to the Statement of Affairs of the State Bank of Pakistan, for the week ended July 2-February 10, 2007, both notes in circulation and those issued increased in the week....
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Buying remains confined to falling pulse prices
 PHYSICAL activity on the Karachi wholesale markets picked up during last week as consumers covered positions at the falling prices on some of the essential counters amid active trading....
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