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July 23, 2007 Monday Rajab 07, 1428 Will the trade policy achieve export target? It seems that the trade policy 2007-08 is intended to be unveiled in two phases. Apart from the policy announced on Wednesday last, the market believes that the government may come... Growing corporate interest in Islamic banking Corporate interest in Islamic banking is still in initial stages but it is growing. Lately, the Islamic banks have established contacts with some major private as well as state-run companies and...   Sustainable agriculture in rain-fed areas THE rain-fed agriculture is an enterprise of high risks and is exposed to many soil and environmental threats. The sustainability of rain-fed agriculture is, in fact, management of risks involved in... Fundamentals for improving cotton crop DESPITE being one of the leading cotton producers, Pakistan ranks 13th in the world in the yield per acre. As a result, around 1.5 to 2.00... Producing good quality brinjal BRINJAL is a popular vegetable which is grown the year around. It is cultivated on small family farms, and is an important source of nutrition.... Developing women entrepreneurship Women entrepreneurship is a powerful source of economic development in Pakistan where 73 per cent of its women workforce is engaged in agricultural sector and there also exists an ample opportunity for mobilising women towards manufacturing and service sectors.... Risks to Mirani dam’s viability The worst affected from the recent rains and flashfloods are the people of Nasirabad in Turbat district. Most people hold technical flaws in the Mirani dam’s design responsible for the devastation of the area.... Mega projects: gainers and losers Many countries are currently assessing benefits of mega projects so that the advantages and disadvantages of such ventures are made clearly visible. For Pakistan, such a review becomes all the more... India seeking long-term accords for gas import NATURAL gas is increasingly playing a major role in driving economic growth in India. The dependence on natural gas is also growing rapidly, but there are fears of a widening demand-supply gap for this commodity.... New terminal at Jamrud for Afghanistan bound goods A BORDER terminal at Jamrud, built by the National Logistic Cell (NLC) in the Federally-Administered Tribal Areas (FATA) for handling Afghanistan-bound goods under the Afghan Transit Trade (ATT) and exports from... International poverty threshold: a reality check Authentic cross-country comparisons of poverty rates cannot be made on the basis of national poverty lines with disparate basis. To provide an international standard for world poverty, the World Bank in... Making private equity accountable The secret business of private equity (PE) is now open for a structured debate on the issues of transparency, disclosure and the possibility of developing an agreed voluntary code based on... A shift in privatisation strategy? There seems to be a temporary but visible shift in the government’s strategy in aggressive pursuit of global depository receipts (GDRs) as the pace for the strategic sales of state-run enterprises slows down.... Need for an energy conservation policy A sharp rise in power demand by 10 to 12 per cent against an average eight per cent decline in electricity generation has resulted in an acute power shortage in the country, particularly in Karachi.... Sticking to monetary policy The State Bank of Pakistan would announce its monetary policy for July-December 2007 towards the end of this month or early next month.... World economies Saudi Arabia's nominal Gross Domestic Product (GDP) is estimated to have grown by 12.4 per cent in 2006 to reach $346.9 billion while real GDP is estimated to have grown... Suicide attacks batter stock market Heavy buying in the oil sector followed by reports of approval of the new petroleum policy, and news that the CFS cap on well over three dozen shares may be removed... Rupee stable despite rising dollar demand Local currency market observed mixed sentiments versus the American currency this week, as the rupee moved both ways in narrow ranges against the dollar, though demand for dollar existed in the market.... State Bank accepts T-bills worth Rs52.869 billion On July 18, the State Bank of Pakistan accepted bids worth Rs52.869 billion through T-bills auction. Rs52.678 billion alone was invested for 12 month bills. 6-month T-bills attracted Rs191.5... Hoarding of stocks raises sugar prices PHYSICAL activity on the Karachi wholesale markets during the previous week considerably slowed down as consumers stayed away, and unlike the previous weeks did not make panic buying, but covered positions where prices of some essential items, including pulses, fell....

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