Street turmoil, business losses
The insurance firms are mulling tariff increase for insurance policies issued against riots, strikes, and fires, anticipating Rs8--Rs10 billion compensation claims on account of huge losses suffered by industry, businessmen, car...
Energy crisis: serious and worsening
Serious energy shortage, massive load-shedding and lowest ever strategic oil reserves are emerging as major risk to the economy....
Another GI clash with India
IN a replay of Superbasmati battle, Pashmina shawl is the latest bone of contention between Pakistan and India over claims to its intellectual property rights. The clash erupted when India went...
Integrated management of sugar cane diseases
SUGAR CANE (Saccharum officinarum) is grown all over the country as one of the important cash crops. Apart from being the main source of sugar, the crop provides essential ingredients for...
Biotechnology for raising farm yield
LOW productivity in agriculture is a major cause of poverty, food insecurity, and poor nutrition in low-income developing countries. Agricultural biotechnology offers great potential as an instrument for achieving food security and poverty reduction.....
Silage making — a quality forage preservation practice
Forage preservation can be an attractive alternate to cover farmer feed problems to ensure regular supply of fodder even in periods of acute shortage to get optimum production from dairy animals....
The failing delivery service
Pakistan continues to be plagued by failure of public services. Whether it is health, education, water supply and sanitation or security, successive governments have failed to provide a reasonable standard of service delivery to the ordinary people....
World commodities
Oil prices surged towards $100 a barrel last week after Pakistan’s ex-prime minister Benazir Bhutto was killed. Her death also sent funds flowing away from equities and into precious metals as investors sought a safer haven for their cash amid fears of spreading turmoil in the region....
Focus on rural non-farm economy
The policy for rural development has been premised on the assumption that enhancing agricultural productivity is sufficient to achieve the macro economic goals like growth of rural economy and poverty alleviation....
Afghan transit trade hit by turbulence
The Afghan Transit Trade (ATT) has been severely hit following the countrywide turbulence that erupted in the wake of the assassination of Benazir Bhutto on December 27....
Improving corporate governance
THE code of corporate governance, prepared by the Security and Exchange Commission of Pakistan (SECP) in 2002, is being reviewed for an improved version and its strict compliance....
Private equity funds in film industry
FOR Bollywood, 2007 was a remarkable year, and also saw the start of a new era of professionalism and corporatisation. The dramatic transformation of Bollywood sees a strong parallel in similar...
The battered dollar in global market
The world can be a better place to live when there is more than one super powers. Will the world economy not fair better when it has more than one global...
Rationality – the core value of regulation
Undoubtedly, loan loss provisioning is an area that demands the highest level of prudence because, on the one hand it forewarns banks about the consequences of booking loans without adequate concern...
Job creation in the ‘third sector’
In his book, “The End of Work: the decline of global workforce and the dawn of the post-market era”, published in 1995, Jeremy Rifkin predicted that, the “wholesale” substitution of machines for workers will make mass formal employment disappear in societies....
Economic growth without equity
Pakistan is struggling to grapple with the critical situation with a heavy heart. While the majority might still be depressed, the very rich and very poor seem to have recovered quickly...
Reforming institutions of governance
As most of the major political parties have decided to contest the forthcoming general elections, the democratic discourse should now shift to the identification of national priorities....
Stocks back on rails at fag-end of the week
The KSE 100-share index virtually raced towards its pre-reaction level last week as investors covered positions at the attractively lower levels caused by the early panic selling triggered by the murder of Benazir Bhutto in a terrorist attack....
Rupee at record lows versus dollar, euro
The local currency market was badly hit towards the end of the year 2007, after law and order situation deteriorated and gave rise to political uncertainty following the assassination of Ms Benazir Bhutto....
SBP raises Rs13 billion thru’ one-year T/bills
On January 2, the State Bank of Pakistan mopped up Rs23.597 billion worth of treasury bills in the auction. There was no major change in the cut off yields....
Prices of essential items keep upward drive
Prices of essential items maintained their upward drive for the eighth straight week last week on the Karachi wholesale commodity markets as interruption in supplies from the upcountry trading centers further accentuated the supply position and the consequent increase....