The debt-trapped consumers
RISING interest rates, spiralling service charges and a deterioration in quality of service are bringing down the demand for personal loans, credit cards and autos leasing....
Expo ’07: a failure?
THERE was not a single dull day over the last month or so. Talk shows on numerous channels must be enjoying higher viewer-ship than sitcoms and soap operas....
How critical is US assistance?
A SPATE of editorials, articles, columns and reports emanating from the United States in the last few months have argued that the US assistance to Pakistan should be made conditional upon...
Rust: a disease damaging wheat crop
WHEAT is the major staple food of the people of the country. A large quantity of wheat is grown in the Indus River Valley here. But every year there is shortage of yield because of various factors....
Mungbean — a rich source of protein
MUNGBEAN originally comes from Southeast Asia and India. It later moved out to the rest of Asia, Africa and America. Today its various products are used in a number of countries of Latin America....
Water stress in maize cultivation
MAIZE being the highest yielding cereal crop in the world is of significant importance for countries like Pakistan where rapidly increasing population has already out stripped the available food supplies....
Political tension no barrier to trade with Afghanistan
THE business community of Pakistan and Afghanistan have formed Pak-Afghan Chamber of Commerce and Industry (APCCI) to strengthen bilateral economic ties between the two countries....
World economies
Formerly East Pakistan, Bangladesh came into being only in 1971. It is one of the world''s most densely populated countries,...
Sale of national assets
THERE is an obsession with governments to use indicators of growth in the national income as their success story. This is precisely what our government keeps on trumpeting....
Competition prompting airline mergers
FINANCIAL year 2007-08 – which began on April 1 – has taken off on a significant note for the Indian aviation sector, with the acquisition by the country’s leading private airline, Jet Airways, of its smaller rival, Air Sahara....
Coping with record trade deficit
PAKISTAN has incurred a deficit of $10 billion in its external trade in the first nine months of the financial year — an average deficit of over a billion dollars a month....
Can mega projects promote development?
THE Third World governments tend to take pride in huge infrastructure projects even if the general state of infrastructure is dilapidated and a century or two behind times....
Political economy model of a security state
THE threat of Talibanisation and the alleged ‘deal’ between General Musharraf and Benazir Bhutto have dominated the news recently. The two subjects are perceived to be interlinked in that some analysts...
No reason to stop probing corruption cases
THE current NAB chief, a recently retired Lt. General after he took over early last year invited a group of Pakistan’s senior journalists for an exchange of views....
Looking beyond narrow interests
IN many developing countries, including several middle-income countries in Asia and the Pacific, the mutual funds industry has displayed considerable progress in recent years. Although Pakistan had an early start with...
Steep rise in stocks on Chartered Bank listing
THE share market finished the last week on an extreme bullish note as foreign-led buying support did not take even a technical breather long overdue in an overbought market owing to an attractive bait of capital gains....
High payments pressure the rupee
HIGH payments in the final quarter of the current fiscal year are building pressure on the rupee. As a result of rising demand for dollars, the country''s foreign exchange reserves fell to $13.577...
Scheduled banks’ investment declines by Rs2.955bn
ON April 11, the State Bank of Pakistan picked up Rs1.96 billion for 3-month T-bills, Rs18.674bn for 6-month and Rs31.459bn for 12-month papers. It had received total bids worth Rs64bn and had accepted offers of Rs52bn....
Rice, pulses fuel market prices
A FRESH price flare-up on some of the essential counters highlighted the previous week''s trading on the Karachi wholesale market on active buying made by upcountry dealers....