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November 26, 2007 Monday Ziqa’ad 15, 1428 The messed-up sugar economy Who is to blame for making a mess of the sugar economy, if not the government? All the stakeholders – growers, factory owners and consumers – involved in the trade blame... Conflict of interests, cane crushing delays in Sindh After an inordinate delay of more than 45 days, nearly two dozen sugar mills out of 29 in Sindh have started crushing sugar cane from November 15....   Official bias in LPG pricing The liquefied petroleum gas (LPG) is emerging as an important source of energy. Its market share is minuscule, currently at less than one per cent, but energy experts.... Raised-bed planting for wheat crop THE average per acre yield of wheat in the country is far less than in other wheat- producing countries. This can be attributed to late sowing of the crop and insufficient irrigation over the required period of time.... Boosting wool output and carpet industry in Sindh THE country possesses the best breed of sheep that provide not only meat and milk but also produce quality wool. There are about 26.5 million heads of sheep with 17 different... Jojoba: an alternative source of oil THE Cholistan, or Rohi, in Punjab is the largest desert in the sub-continent. It is over 10,000 square miles, located 20 miles from Bahawalpur. It extends into the Thar Desert of India.... Advantages of compost in crops farming THE use of inorganic fertilisers has considerably increased with the cultivation of exhaustive crops in the backdrop of green revolution. Despite that, hundred of thousand... Vending industry shrinks as automotive sector grows The automotive sector has shown phenomenal growth in recent years-- an estimated seven-fold increase over the past decade. In fact, the number of cars and LCVs assembled in the... NWFP’s mounting power crisis A FRAGILE distribution network, poor customer support services and growing financial losses are hindering the Peshawar Electricity Supply Company (Pesco) from becoming.... Rising home remittances Overseas Pakistanis sent a record $580 million as home remittances during October, up by 41 per cent over the amount registered for the same month last year.... World economies The Latin American economy has entered the fourth consecutive year of business expansion. The driving force for the growth has shifted from exports to equipment..... Real estate attracts huge foreign investment NARIMAN Point in south Mumbai, the commercial hub of India’s financial capital, has for years had the dubious distinction of being the most expensive piece of property in the country.... Upgrading of the shipping fleet Left with a mere 14 over-age vessels, the PNSC management is busy trying to mitigate its losses and finds it difficult to show Pakistan Flag world-wide due to the very old ships..... Loan write-offs The State Bank of Pakistan has issued a circular requiring banks to make 100 per cent provision against the non-performing loans (NPLs) and to this end, banks have been asked not... Exports behind target After the sluggish growth in exports in the first four months of the current fiscal, the annual projected target of $19.2 billion seems to be a far cry.Exports were up by 6.33 per cent... Wheat sowing without procurement price The common man who has been subjected to liberal economic agenda, multiplying his cost of living for the last many years, may find it even hard to survive the latest shock.... British jobs going to foreign workers British economy has become increasingly dependent on overseas workers both at the low skills stage as well as at the top leadership levels because more and more Britons in working age... Enforcing competition law THE World Bank (WB) estimates that Pakistan is losing $7.2 billion (five per cent of GDP) annually due to the non-enforcement of competition laws. It has urged Pakistan to expeditiously enforce... Corporate right-sizing and job creation Whenever there is some lay-off by a privatised unit, a fresh debate starts on whether surplus employees should be retained or the surgery should be with minimum pain.... Petroleum shares lead market advance THE share market remained in a bullish frame of mind throughout last week as positive news, both on the legal and political fronts, did not allow investors to take even a... Rupee touching its record lows Both the American and European currencies continued to exert downward pressure on the rupee in the local currency market throughout this week. The local currency touched its.... Total notes issued and in circulation increase On November 21, the State Bank of Pakistan raised Rs11.458 billion from the money market, against bids worth Rs16.126 billion received. The SBP had set a pre-auction target of....

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