DAWN - Business; March 26, 2007

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March 26, 2007	Monday	Rabi-ul-Awwal 6, 1428

Growing business concerns BUSINESSMEN look worried over developments sparked by an official announcement on March 9 that declared the chief justice of the Supreme Court as ‘non-functional. The countrywide street protests by lawyers was...		A sharp rise in fertiliser prices AS the Kharif cropping season is set to commence from April 1st, prices of fertilisers have increased creating an unrest among farmers across the country....
‘The genius of capitalism’ “THE genius of capitalism, where it works, is that it has managed to continuously re-invent its institutional underpinnings with innovations that include central bank, stabilising fiscal policy, anti-trust (law), regulation, social...		Pesticides, health and environment PAKISTAN has basically an agrarian background and agriculture is mainstay of our economy. About 70 per cent of its population depends directly or indirectly on agriculture and approximately 68 per cent of its industries are agro-based....

Competitive crops — future trends OURS is the fifth largest agricultural country in the Muslim world, twentieth worldwide and fifth largest milk producer of the world. It is blessed with abundant natural resources....		Improving apple cultivation and marketing PAKISTAN is blessed with diversity of soil and climatic conditions which are conducive to growing various crops, fruits and vegetables. The mountainous regions in the north-west of Punjab, North West Frontier...

The debate over large dams WORLD Water Day once again raises the debate over large dams which is one of the most controversial issue that Pakistan is facing today. At the time of independence it was...		Gwadar port and the local participation AFTER the inauguration of the Gwadar seaport by President General Pervez Musharraf, the Port of Singapore Authority (PSA) has begun its operations. Addressing a gathering of local people, the president also...

World commodity report Cocoa: WORLD cocoa production, which will probably be reduced this year by dry winds in the main West African growing countries, may increase in 2008...		The despair in villages THE Indian economy has been growing at between eight and nine per cent annually over the past few years, with sectors like manufacturing and services growing at double-digit rates....

Transit trade on reciprocal basis needed PAKISTAN and Uzbekistan have signed a memorandum of understanding (MoU) on bilateral trade envisaging the use of Afghan territory as the land route. The MoUs signed during the visit of Prime...		NFC — the implementation gap THE World Bank has asked the government to address the gaps in its financial management structure. Management structure in the implementation of National Finance Commission (NFC) award has also not been...

Not a taxing budget for Britain HIS 11th budget in a row and the last as the Chancellor, has earned Mr Gordon Brown both bouquets and brickbats. But going by the overall reaction it is safe to...		Upgrading insurance, pension and savings systems THE Asian Development Bank (ADB) is expected to offer $150-200 million "multi-tranche facility" to help improve financial management that includes the insurance, pension and savings systems....

New world contenders for business UNTIL a few years ago, the world knew only about globally established multinationals originating from the West A new breed of ambitious multinationals is rising on the world scene, presenting both challenges and opportunities for established global players, says Business Week....		Global warming and Pakistan THE adverse impact of the rising global warming on human and other forms of life is becoming clearer day by day, which is adding to man kinds’ fear for the future....

Judicial crisis keeps investors subdued SHARE market remained unsettled for the second week in a row as investors were not inclined to take new positions at the falling prices amid fears of fresh erosions in the backdrop of confusion over the judicial crisis....		Rupee gains strength on capital inflows THE rupee/dollar parity managed to display strength during the most part of the week in the local currency market, amid volatile political situation arising from lawyers protest following Presidential reference against the Chief Justice of Pakistan....

Approved foreign exchange drops by Rs1,863 million ACCORDING to the Statement of Affairs of the State Bank of Pakistan, for the week ended July 2March 10, 2007, both notes in circulation and those issued increased in the week....		Prices of rice, pulses rise on interrupted supplies PRICES of some of the essential items on the Karachi wholesale commodity markets tended higher where change on active support was extended by commercial houses and upcountry dealers....