Plight of the small manufacturers
The post-9/11 years will be characterised in the country’s economic history as a period of “missed opportunities”. Mr Shaukat Aziz managed a so-called “booming” economy — both as minister and prime...
Living with persistent, high food prices
Long queues at the Utility Stores may not be a passing phenomenon; they are likely to become a usual scenario. Perhaps, they are the harbinger of the coming era of dearer food....
Wheat cultivation in rain-fed areas
GROWING wheat in rain-fed (barani) conditions is being practiced in many countries which are getting more yield than in ours due to adoption of better management practices....
Managing soil fertility with white clover
WHITE clover (Trifolium repens) is a cold season perennial legume used as forage and for increasing fertility of the soil. The crop has a creeping growth habit and spreads with rhizomes or ‘runners’....
Strategy to control cotton mealy bug
COTTON, the mainstay of our national economy, is cultivated over an area of six million acres. The produce goes to thousands of ginning factories and hundreds of textile mills which provide...
Improved watercourses to help solve water crisis
Agriculture provides livelihood directly or indirectly to people inhabiting the country’s over 45,000 villages. Of the total population estimated at 160 million, about 68 per cent live in villages....
Global capital, development and livelihood of the poor
While investment avenues in the developed world are almost saturated, global capital is now exploring new markets. The developing world offers fertile grounds for international investors....
World economies
Asia’s economic growth is likely to be constrained by an expected slowdown in the US economy and potential spillover from the subprime mortgage crisis....
Divesting shares in investment firms
Seven joint venture investment companies (JVICs) are operating in public sector under bilateral arrangements between Pakistan and the respective foreign countries. The government is considering divesting its shareholding in these companies through initial public offerings (IPOs) at the stock markets....
The hunger for hydrocarbons
INDIA’S hunger for hydrocarbons, to fuel the trillion-dollar economy and ensure growth rates of about 10 per cent, is huge. Unfortunately, the country’s domestic production capacity is limited, and importing crude...
Energy crisis and options
In power sector, there are only three viable options namely; hydro, wind and coal. Hydro option is being thwarted due to dams’ controversy. However, more active approaches towards small hydro power...
Opening up of services sector
The government is believed to have committed to the World Trade Organisation (WTO) to further open up its services sector for foreign services providers without assessing its impact on the domestic market....
Can we prosper through imports?
When a country’s external trade deficit rises to a level equal to the total exports, it is time for the officials to sit up and devise remedies on an emergency basis....
Financial regulatory system blamed for Northern Rock debacle
There is a growing feeling in the financial circles here that the tripartite system( the Exchequer, the Bank of England and the Financial Services Authority) of regulating and supervising banks and financial markets has failed....
‘Pretty good’ economic fundamentals at risk
THE donor community has started worrying about a possible slowdown in the economy, if political uncertainty continues to haunt the rulers and key issues like increasing fiscal, trade and current deficits, and high inflation are not addressed seriously....
The non-functional Gwadar port
The Gwadar port, inaugurated in March this year, is still not operational. Earlier it was expected to become functional by the end of this month or beginning of next year....
Higher payout prospects push market upward
DESPITE a bit of good midweek profit selling ahead of the Eid holidays, stocks in a shortened week ended with extended gains followed by strong support on selected counters....
Commercial banks’ deposits fall
According to the Statement of Affairs of the State Bank of Pakistan, for the week ended December 8, 2007, both notes in circulation and those issued increased in the week....
Rupee firm against dollar, euro
Trading in the interbank market during the last week remained suspended for four days due to weekly as well as Eid holidays from December 20 to December 23....
Prices of most items remain stable
PHYSICAL activity on the Karachi wholesale commodity markets last week was relatively slow as both brokerage and commercial houses most of the time stayed on the sidelines in an apparent effort to keep prices within the current levels....