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| August 20, 2007 | Monday | Sha’aban 6, 1428 |
Bank lending after monetary tightening
 With the start of new fiscal year in July, banks have been investing more in the risk-free, high-yielding treasury bills but their lending to the private sector has, so far, not picked up....
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Eying the sovereign risk
 PRESIDENT Musharraf has expressed his concern over a possible downturn of the national economy in coming days, quoting a report of the Standard and Poor (S&P) on Pakistan’s credit rating....
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Consumer woes
 “Please, just tell me when the supply will be restored?” asked Mrs Manzoor, a typical Karachiite, over the phone. “It will be revived in an hour. Work is in progress”....
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Increasing tea cultivation
 TEA is a sub-tropical evergreen plant, a native of China, where it was first used as a drink. Tea is mostly Asian in origin. India, Bangladesh, China, Sri Lanka, Uganda, Kenya and Indonesia are among the world''s largest producers of tea....
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Managing dairy profitability
 LIVESTOCK is an important sector of the country’s agriculture. The livestock sub-sector plays a dominant role in the development of agriculture by providing major food items (milks, meat and egg) and other products including power and manure....
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Switching over to drip irrigation
 DRIP irrigation, also known as trickle irrigation, is a method of applying water slowly to the plant roots. In this system of irrigation, water through a network of valves, pipes and...
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Disaster unleashed by Mirani Dam
 Cyclone Yemyin hit Balochistan coast on the night between June 26-27 and left deep scars of disaster on villages of Kech District. The unusual rainfall resulted in deluge in Nihing and Kech rivers, which caused backflow in several kilometers course....
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Displacements and compensation
 President Ayub Khan’s `Decade of Development’ stands out for its economic performance but it failed in addressing the issue of equitable distribution of resources, especially among the marginalised sections of population and in protecting the resources....
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Indian rupee tumbles as hedge funds pull out
 THE sub-prime mortgage loan crisis in the US, which has led to a global meltdown of stock indices, has had a devastating impact on the Indian capital market....
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GI draft law put on back burner
 According to the definition found in the WTO accord on Trade Related Aspect of Intellectual Property Rights (TRIPS), `geographical indications[ (GI) are, "indications which identify a good as originating in the...
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Shrinking investment avenues
Investors may be divided broadly in two categories — the rich people and individuals/families of moderate means, including serving/retired employees, seeking investment outlets to supplement their incomes....
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US aid tied again
PRESIDENT Musharraf has voiced his concern over the slow economic progress in the country. Until recently he was ebullient over the high economic growth as international rating agencies were speaking high...
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The rattled financial markets
 Financial markets the world over are in turmoil. Not because of any shortage of liquidity but because of its profusion. And not because of high interest rates but because they are very low....
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Economic progress under civilian and military set-ups
Pakistan’s economic history shows mixed performance over the past six decades with GDP growth rates varying between civilian rule and military regimes and also during different periods of the non-democratic set-up....
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An agenda for energy efficiency
 The nation lacks a serious commitment for achieving the goal of energy efficiency. The first step is to have a sensible target. The present target, included in the Medium Development...
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World economies
Lebanon has a free enterprise economy, which is based on services (banks and insurance), tourism, light industries and agriculture. Lebanon has been a popular destination for tourism and business...
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Stocks tumble on foreign selling
 FOREIGN selling dominated the trading on the share market during the previous weeks as investors followed the trend of falling world bourses and did not opt for short-covering even at the attractive lower levels on selected counters....
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Dollar supply helps rupee hold ground
 The rupee in the local currency market showed an upward rising trend versus the dollar and euro this week. Though demand for dollar existed in the market which exerted pressure on...
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SBP picks up Rs22.9bn for 1-year T/bills
 In the treasury bills auction held on August 15, the cut off yield on T-bills increased. The rate of six month paper rose to 9.14 per cent from 9.09...
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Mixed trend in prices of pulses
 PHYSICAL activity on the Karachi wholesale market during the holiday-shortened week was relatively slow as consumers were not inclined to chase prices higher and only covered their minimum weekly requirements....
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