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| November 12, 2007 | Monday | Ziqa’ad 01, 1428 |
Emergency and the economy
How will the imposition of emergency rule impact the economy? “Although the state of emergency has created an environment of uncertainty for the business —which is extremely bad for investment sentiment...
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Sovereign risks
With the imposition of emergency investors suffered new bout of jitters. Their fears of losing valuable overseas business partners deepened as the country drifted farther from internationally acceptable norms of governance....
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Policy makers appear unfazed
THE policy makers seem unruffled by the risks of downgrading of Pakistan’s credit worthiness by the Moody’s and the Standard and Poor’s Ratings Services and the threat of suspension of foreign...
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Onion — a vegetable with global market
ONION (Allium cepa) is a major bulbous crop among vegetables and is of global importance. Out of 15 vegetables listed by the Food and Agricultural Organisation (FAO), onion falls second only to tomato in term of total annual world production....
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Insects as friends of human beings
INSECTS, in general, are considered harmful or at least useless creatures. Many insects cause economic losses and indeed there are many species which are harmful to human beings too....
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Organic matter: magic for agricultural soil
ORGANIC matter is the most important component of the soil which acts as a therapy for improving the soil health. Addition of organic matter to soil leads to a complex chain of multiple benefits....
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Cotton crisis in the offing?
THE textile industry would suffer a serious set back in the backdrop of shortage of cotton lint owing to gross mismanagement regarding supply of quality seed and recommended pesticides, pest scouting and replacement of cotton crop with sugarcane....
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Uplift programmes delayed in restive tribal belt
THE rise in militancy in restive tribal areas and its spill over to the country’s settled parts is impacting the overall economic activities and impeding fresh investment in the NWFP and Fata....
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World economies: Switzerland
THE government has raised its forecast for Swiss economic growth for this year but warns the outlook for 2008 has become uncertain as a result of the credit crisis....
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A compromise or collapse of Doha round?
As talks enter a crucial stage at the Geneva-based World Trade Organisation (WTO) in what may be the last week of discussions before the chairs of two committees — agriculture (AG)...
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Small relief for the small savers
Any significant step that encourages and rewards small savers has to be welcomed in a country with one of the lowest domestic savings rate. The enhanced savings account is a meaningful...
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High oil prices bring enormous challenges
WITH international crude prices ready to breach the $100 a barrel mark, India – which imports nearly 75 per cent of its oil – faces enormous challenges....
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Setting tariff for coal-based power
In the year 1994, the government displayed a visionary solution to national energy needs. It took a political decision and announced an upfront tariff of 6.5...
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Balance of payments deficits, division of labour
The financial crisis that erupted on August 9 was an accident waiting to happen. Credit spreads across all global asset classes had become compressed to clearly unsustainable levels....
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Spectre of economic wars haunts France
Over the past three months, manufacturing has seen positive growth in new orders across most UK regions, despite the impact of the global credit squeeze on business confidence, according to the...
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Social loan products: a missing link in microfinance
The growth of microfinancing sector has started making waves in country’s financial sector as a whole. Presently, six microfinance banks (MFBs) and microfinance institutions (MFIs) operating in public and private sectors...
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Lopsided growth hampering unemployment
AS pointed out by the annual report released for the fiscal year 2006-07 by the State Bank of Pakistan, employment growth ratio in agricultural and manufacturing sectors “seem to be inconsistent in terms of their sectoral share in the GDP.”...
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Foreign investors stay away on political uncertainty
AFTER having plunged to an all-time single session low of 635.8 points at 13,279.24 on rumours of a counter coup early last week, the stock market managed to finish well above...
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Total notes issued and in circulation decline
According to the Statement of Affairs of the State Bank of Pakistan, for the week ended July 2October 28, 2007, both notes in circulation and those issued decreased in the week....
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Rupee sheds value against dollar/euro
The rupee/dollar parity remained under downward pressure against the American and European currencies throughout this week as investors diverted their investments from stocks to the local currency market following imposition of emergency....
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