Making exchange rate more competitive
The State Bank of Pakistan’s warning on the growing challenges to the economy was followed by the slide of the rupee in the inter-bank. In its quarterly report of fiscal 2008...
The lender’s choices
Perhaps, the World Bank finds it more congenial to work with military- led governments in Pakistan. It launched more projects during each one of the three military-led....
Revisiting the budgetary targets
THE state of the economy as indicated in its first quarterly report 2007-08 by the central bank is likely to lead to a downward revision of the ‘ambitious’ annual budgetary targets....
Legumes cultivation for soil fertility
LEGUMES, commonly known as beans and pulses, are plants of the family Fabaceae, also known as Leguminosae. Legumes are second to cereals in providing food for the world....
Windbreak management
WINDSBREAK of trees and/or shrubs can substantially improve productivity of farmlands which are exposed to strong winds. It reduces the speed of wind...
Tackling injudicious use of pesticides
INSECT pests and diseases, the prime factors causing low agricultural productivity, are mostly controlled by chemical means. Indiscriminate use of pesticides is causing serious....
Promoting best practices
Corporate governance issues continued to take centre stage in the corporate world during 2007. Ever since the Code of Corporate Governance was issued by the Securities...
Security umbrella for industries
The New Year greeted the residents of this troubled metropolis with the news of the biggest ever cash robbery in the city. Two hired private security guards recruited...
Growing lettuce in kitchen garden
LETTUCE (Lectuca sati) is a hardy annual plant with crisp leaves which are universally used for ‘salad’. The plant is erect growing with milky juice and is a member of the....
The risks to retail business
In the aftermath of Ms Benazir Bhutto’s tragic assassination, retailers and businesses were also hit during the violence, loot and arson. Shops, stalls, show rooms....
World economies
he US economic growth is expected to remain steady in 2008, inflation is predicted to decline next year, and the unemployment rate is forecasted to rise...
Focus on small car market
FOR the Indian automobile industry, 2008 started off on a splendid note. Last week, all the leading international automobile manufacturers descended on....
Voluntary pension scheme — investment options
Currently, both private and public sectors offer occupation savings schemes in the shape of provident funds and gratuity schemes. However, in their truest sense, provident funds and gratuity...
Shortfall in the tax revenue target
The government is set to revise downward the annual tax revenue collection target following Rs36 billion shortfall during the first half year of the current fiscal year....
Benazir’s economic legacy
Bhuttos may be eliminated physically but they live on as leading thought givers on the country’s economic canvas. And Bhuttos may not have accomplished all that one...
A difficult year ahead
On the very first day of the New Year the Confederation of British Industries (CBI) warned that 2008 would be a “difficult year” for the British economy....
Hard decisions or IMF bailout?
Amid deteriorating economic indicators and continuing political turmoil, independent economists believe that the government - irrespective of who is running the show....
Coping with the worst power shortage
THE power consumers of Wapda and KESC are enduring with remarkable patience the worst power shortage since 1980s. Perhaps, they are conscious that they belong to the lucky...
State of economy: optimism and reality
The State Bank’s quarterly review of the economy was finalised before December 27. That is why its projections about the future trend of key economic indicators...
Wide fluctuations on security concerns
THE Karachi Stock Exchange (KSE) 100-share index last weak breached through the jealously guarded 14,000 point index level at 13,915.04 on active selling...
Rupee at its record lows on dollar demand
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....
Banks borrow Rs90 billion from the State Bank
On January 12, banks borrowed Rs43 billion, as the total borrowing from the State Bank of Pakistan reached Rs90 billion in the week. Overnight rate was 9.9...
Mixed prices pattern in wholesale market
A MIXED price pattern was witnessed on the Karachi wholesale markets last week where prices of some essential items were quoted lower, while others maintained....