Tumbling growth, surging inflation
 Signals emanating from the economy lend weightage to cries from some quarters that the country has already arrived in a worrisome and difficult zone called stagflation by the economists....
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Corporate insolvency and rehabilitation
 Companies are normally worth more when alive than dead. But the cure under the existing law for a sick company, for all practical purposes, is not rehabilitation but execution....
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Export earnings up on lower unit prices
 In spite of soaring global commodity prices and currency advantage over the regional economies like India and China, Pakistan is set to miss its export target of $19.20...
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Deforestation in Sindh
 THE unscrupulous act of timber mafias, big landholders and land developers has deprived the country of its already small forests. Of the total geographical area of 52,994 square miles, 5.7...
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Ber: an ignored but important fruit
 SOME fruits have high nutritive and medicinal value, but they are always ignored because of their low prices. One of such neglected fruits, which have extraordinary qualities, is plum (ber)....
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Concerns over food inflation
 THE recent price hike especially of food items has adversely affected the economy.. The salaried class is the worst sufferer. The government has failed to overcome the wheat crises and it seems to have been caught napping on the inflation front....
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Raising rice nursery for better yield
 RICE is an important cash crop grown with its coarse and fine cultivars in kharif. Although resources such as gravitational canal system for irrigation and environmental conditions etc.,...
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The option for solar power
 Shahid Javed Burki...
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Package for industrial revival
 On the eve of the federal budget 2009, the business and industry have appraised the government about its the various problems and submitted suggestions to minimise the emerging threats to the industry....
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World economies
AsiaAccording to the IMF latest update on global economic outlook, Asia is set for slower but still robust economic growth despite a US recession unless the ...
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Oil shock: political fallout
 AS the United Progressive Alliance (UPA) government entered the final lap of its five-year tenure this month, it has been jolted suddenly by a rude shock, caused by soaring global oil prices....
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Cost and benefit of oil subsidy
 Fuel prices in Pakistan are heavily subsidised. Oil is bought at international market prices and sold within the country at a lower fixed price. The intention is to shield the domestic prices from the volatility of international oil market....
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Widening the tax net
 THE country’s economic managers are giving final touches to a taxation package to raise additional Rs70 billion to achieve the proposed revenue target of Rs1,213 trillion for 2008-09....
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Updating the national aviation policy
 The forthcoming National Aviation Policy (NAP), awaiting cabinet approval, will open new doors to airlines operators besides promoting national tourism and aviation sectors....
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Bloated federal development spending
 Provinces are becoming more assertive in demanding that the bloated role of the federal government in development efforts should be curtailed and have called for reducing the size and the resource allocation for the ‘umbrella projects’’....
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UK’s financial sector in doldrums
 Sentiments have deteriorated across the UK’s services sector in the last three months as profitability fell at a record rate. Levels of business volumes and values remained weak for the sector...
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Food shortage and commodity futures
 NOW that the food prices are likely to stay high for at least another three years, (World Bank and White House concur on that) the West is over-reacting to the crisis...
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Tax load on property
 FOUR parties from Lahore, including a private school chain, have approached the Securities and Exchange Commission of Pakistan (SECP) for securing licences for setting up the Real Estate Investment Trust (Reit)....
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The worst stocks crash seems to be over
 THE share market witnessed a major change in the investors’ strategy during the last two sessions of the week as institutional-led rescue operation on selected counters raised hopes that the worst...
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Rupee makes sharp recovery
 The local currency this week made some sharp recoveries against the dollar and euro in the local currency market under strong support from the State Bank of Pakistan....
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Increase in specialised banks’ assets
 According to the Statement of Affairs of the State Bank of Pakistan, for the week ended May 17, 2008, both notes in circulation and those issued increased in the week....
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Rice prices down on pause in export
 A FRESH flare-up in wheat prices on the Karachi wholesale commodity markets last week highlighted the trading where other essential items showed softening trend after improvement in supply position....
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