Capping govt’s inflationary borrowings
From fiscal year 2008, the State Bank, in consultation with the Ministry of Finance, would start imposing a cap on the government borrowings from the central bank....
The challenges in insurance reforms
In the middle of April, the government laid down outlines of a new policy to extend insurance cover to rural areas and the low-income groups....
Human development index and peace
Pakistan is amongst the bottom ten least peaceful countries with Iraq being the most dangerous listed at the bottom of 121 countries reviewed, [Economic Intelligence Unit ‘s Global Peace Index ( GPI ) ]....
Improving productivity of rice-wheat cropping system
THE rice-rice production systems occupy 24 million hectares of cultivated land in the Asian tropics, while the rice-wheat system covers 22 million hectares in the Asian sub-tropics....
Lichee cultivation: building on experiments
LICHEE (Litchi sinensis, sonn) belongs to the family Sapindaceae, which also includes soap-nut tree. The earliest Chinese monograph written by Ts’ai Hsiang in 1059 A.D, deals with the varieties, areas of...
Protein supplement for livestock
THE livestock sector contributes nearly 50 per cent to value addition in the agriculture sector, and almost 11 per cent to GDP, which is higher than the contribution of the crop sector (47.4...
Controlling sugar cane pests
SUGAR CANE is an important cash crop, and Pakistan is the fifth largest cane producing country....
How to curb import under-invoicing?
The reasons for value manipulation are well known. In the developing countries where import duty rates are usually high, importers tend to undervalue consignments to reduce duty liability....
World economies
The Balkan economies continue to grow despite political risks and external shocks. Consumption is the main source of growth, with investments also increasingly contributing....
Ensuring energy security
By virtue of its geo-strategic location and huge natural resources, Balochistan presents a veritable economic bonanza. It forms 44 per cent of Pakistan’s geographical territory containing 770 km long coastline....
Sugar prices crash on supply glut
FOR the Indian sugar industry, these are indeed bitter times. Sugar production in the country has soared, but in the bargain prices have crashed. The glut in supplies has driven domestic prices to three-year lows, but costs are soaring....
Foreign portfolio investment inflows
The inflow of foreign portfolio investment in the local equity market is much lower than in other regional markets, particularly in India. While the net inflow of foreign investment picked up...
Paltry share of foreign direct investment
The report on “The Globalisation of Corporate Finance in Developing Countries “issued by the World Bank on May 29 as part of the Global Development Finance 2007 showed that South Asia attracted $12.9...
Surging market for pirated products
The developed world is becoming increasingly serious about intellectual property rights and is trying to find out more effective ways to combat what in their eyes has become a costly menace....
Inflation to neutralize wage increase
PERSISTENT inflation will neutralise the benefits of rise in salaries of government employees and pensioners and the increase in wages of organised workers....
Insider trading and investors’ confidence
A senior Pakistani banker has been accused of being involved in an insider trading worth millions of dollars. And a country which is known for religious extremism, ethnic and sectarian violence...
Rupee firm
On June 8, the rupee closed at 60.65 a dollar in the inter-bank market, up from 60.73 on May 31 as foreign exchange inflows in portfolio investment swelled....
Share market maintains upward drive
SHARE market maintained its upward drive as a judicious blend both of strong local and foreign buying and investors followed the general trend of buying and selling in oil, bank and cement shares....
Rupee moves both ways against dollar
The rupee showed divergent trend against the US and EU currencies during the week. It moved both ways against the euro and dollar ahead of budget announcement....
State bank raises Rs6.534bn from 10-year bonds
On June 5, the State Bank of Pakistan changed the cut off yields on different maturities of PIBs. On 10-year bonds, the cut off yield was reduced to 10.1244...
High prices of rice impact exports
AFTER an initial lull, Karachi wholesale markets last week burst into activity followed by rumours of tax relief on some essential counters to bring prices down from the current peak levels....