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August 13, 2007 Monday Rajab 28, 1428 Energy waste and efficiency The Millennium Development Goal (MDG) states that GDP (at constant factor cost) per unit of energy use as a proxy for energy efficiency will be increased from Rs26,471 in 1990 to Rs28,000 in 2015.... Slow growth in non-bank financial sector Commercial banks have dominated the financial sector, and non-bank finance companies (NBFCs) have yet to fully exploit their potential. At the end of June 2006, total assets of NBFCs stood at...   Independence of the regulator On June 9, 2007, the federal cabinet while considering budgetary proposals, approved a proposal for the appointment of the finance minister — and in his absence the advisor to the prime... Underground water quality for sustainable irrigation PAKISTAN is an agrarian country and its economy is based on agriculture. Most part of the agriculture here depends on surface irrigation.... Peach production technology PEACH (Prunus persica) is a plant native to China that bears a juicy fruit. It is considered the "Queen" of fruits and is second only to apples in popularity.... Saving mango trees from diseases MANGO is an important foreign currency-earning fruit crop. It is liked and relished by all due to its flavours and dietary and medicinal value. Mango is nutritionally rich in carbohydrates and vitamin A and C.... Incentives for setting up effluent treatment plants The trade policy for fiscal year 2008 listed incentives for the setting up of effluent treatment plants (ETPs) by export-oriented units to meet the requirements of foreign buyers.... Barriers to market access As the various rounds of talks under WTO have shown the major issue raised by both — developed and the developing countries — is related to the market access.... Achieving the millennium development goals In view of the rapid increase in the size of impoverished population worldwide during the 90’s, UN member countries unanimously agreed in September 2000 on eight time-bound objectives known as, millennium... Radio business facing major challenges INDIA’S nascent FM Radio business, which is facing problems relating to lack of adequate advertising revenue and soaring costs, is being confronted by another major challenge.... Tapping the NWFP’s tax revenue potential THE NWFP government is working on a provincial autonomy bill to widen the tax base. A provincial committee has been set to prepare recommendations. The bill will be tabled before the... Banking giants Top ten banks matter most in the banking system and the combined strength of the remaining 29 is no match for them.... Trade diplomacy and exports The trade policy lays emphasis on ‘trade diplomacy’ to improve the country’s competitive position in the international market.... A hole in the tax heavens The general impression is that the taxation system in the rich countries is by and large equitable and that it is essentially based on the principle of equity.... Industrial vision: changing approach The government is taking upon itself to a large extent the responsibility to not only transform the industrial landscape but also to develop the private sector.... A billion-dollar export dream When you are deep in the dumps, it is better to dream big and shout loud to convince yourself if not others you have a brighter future.... REITs: consultations with stakeholders Consultations with the stakeholders on draft rules for setting up real estate investment trust (REIT) have been initiated by the Security Exchange Commission of Pakistan(SECP).... World commodities Oil: On August 9, in the London market world oil prices fell below $70 a barrel for the first time since June, on worries that energy demand may weaken amid US economic woes, analysts said... KSE 100-share index plunges on negative political news Share market last week remained under pressure as leading shares received a massive battering as the negative news followed in quick succession, keeping investors on their toes all the time, leading to panic selling on more than twice.... Rupee moves in narrow range vs dollar/euro The local currency market witnessed mixed sentiments, with the rupee moving in narrow ranges versus the dollar and euro amid quiet trading this week. The rupee/dollar parity rates slipped in the... Scheduled bank deposits higher by Rs7.55 billion According to the weekly statement of position of all scheduled banks for the week ended July 28, 2007, deposits and other accounts of the scheduled banks stood at Rs3,383.373... Slow arrivals lead to increase in prices Prices of essential items earlier last week showed fresh increase on the Karachi wholesale commodity markets as consumers reported pressure on ready supplies owing to slow arrivals from the upcountry markets....

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