Unabated inflation, deficits to destabilise economy
Pakistan faces grim economic prospects in the next 12 months and the situation calls for emergency measures to control one of the highest rates of inflation in the world and a...
‘Inflated bills, outstanding dues’
Top bosses of the privatised Karachi Electric Supply Corporation (KESC) have been invited by the federal water and power ministry on Tuesday to discuss issues that the Karachi utility has with...
The looming energy crisis
From 2004 onwards, the price of oil started soaring in the international market, and for the first time in October 2004, oil prices crossed the benchmark of $50 per barrel....
Fruit production in Balochistan
WITH four agro-ecological zones, Balochistan is endowed with a unique environment for the production of a great variety of quality fruits. The province is known as the fruit-basket of the country...
Investing in agriculture
The World Bank has advised the developing countries to place agriculture at the centre of their development agenda , make huge investments in farming and deliver urgently needed agrarian reforms....
Unfair trading practices in basmati exports
“IT’S an open secret now for five years, Indian traders have been passing off a lower quality rice,CSR-30, as the world’s finest long grained aromatic rice, basmati, in key markets like...
Perils of the Basle II road map
The State Bank of Pakistan (SBP) is one of the world’s most enthusiastic enforcers of the Basel II bank regulatory regime and the anti-money laundering information networking....
Pharma retailers shifting to organised sector
THE pharmaceutical retailing business in India has traditionally been dominated by small-time dispensers of medicines, operating out of tiny shops. As in the case of the grocery retailing sector, it is dominated by unorganised players....
Voluntary eco-labelling, private standards
An eco-label may be described as a label that certifies a product as having a low impact on the environment and thus being environment-friendly. Environment has been included in the framework of the WTO in an oblique way....
The outreach of Microfinance banks
NOTWITHSTANDING claims about poverty alleviation, the poor continue to suffer due to record hike in prices of sugar, edible oil, pulses and wheat....
Strengthening electronics manufacturing base
While robust GDP growth has been witnessed over the last few years, this growth did not translate into improving the economic security of its people due to high rate of inflation and unemployment....
Britain’s cautious budget
Midway through the past week Alistair Darling, Britain’s Chancellor of the Exchequer presented what appeared to be a conventionally cautious budget in the House of Commons....
Competitiveness: does firm’s size matter?
While dealing with textile sector issues, a public sector agency has asserted that regional and global pressures on the industry necessitate acquisitions and mergers whereby large-sized firms would be in a position to cope with competition....
Saarc initiative on agriculture
The Saarc countries last week decided to set up a forum to enhance cooperation among farmers with a view to arrest slow growth the agriculture is currently suffering from in South Asia....
Political legacy and the trade with India
The Commonwealth Games 2010 in India could do for Pakistan what Olympics 2008 did for India: provide an opportunity to enter a massive market next door in a big way....
Investors wait for power transfer
SELECTIVE support last week prominently figured on the high-growth shares apparently to realise quick gains but instances of long-term investment were not many as investors were not inclined to go all out until the new political set up is in place....
Notes in circulation decrease by Rs10.092bn
On March 10, the State Bank of Pakistan accepted bids for Rs2.1 billion in its open market operation of Market Treasury Bills. Bids offered were for a sum of Rs9 billion....
National unit vulnerable on dollar demand
Strong demand for dollars by importers because of costlier payments after the higher oil prices in the international market has made the rupee vulnerable against the dollar and European single common currency....
Prices of essentials rise to new high
THE recent price flare-up on the Karachi wholesale commodity markets was well sustained for the eighth consecutive week last week as demand far outhweighted the supplies....