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Towards ‘creative’ destruction
The Raja government has decided that the economy cannot afford the luxury of using natural gas any longer as a…
Unfulfilled policy commitments
MANY businessmen are careful about attaching high hopes with the second three-year Strategic Trade Policy Framework expected sometime next month.…
Sukuk’s global reach
Islamic finance industry has shown an impressive growth of 15-20 per cent per annum with assets under management valued at…
Uneven playing field for the poor
Estimates about incidence of poverty and inequality have always remained questionable in Pakistan, owing to political reasons and lack of…
Gas-starved fertiliser industry
THE fertiliser industry in the throes of crisis is suffering a drop in production, sales and profits. Last week it…
Kitchen gardening and food security
KITCHEN gardening for many is a hobby especially for those who love nature and long to remain closer to it.…
Futile water pricing discourse
THE per capita fresh water availability is seen to sink below 1000 cubic meters while nothing serious and different is…
Peach replacing apple farms in Swat
APPLE orchards in lower Swat, particularly in Matta, are losing space to peach farms, farmers say.
“Peach has become the…
PIA in pursuit of profitability
WHILE considering the defence ministry’s proposals to improve PIA’s performance, the Economic Committee of the Cabinet observed that it would…
World commodities
Grain: WORLD markets are not yet facing a crisis of the kind seen in 2007-08 when high prices sparked riots…
Creating quality jobs
WITH the exception of Pakistan and Nepal, improvement in job quality has occurred almost everywhere in South Asian region, predominantly…
Fears of drought in India
WITH the south-west monsoon continuing to play truant well into the half-way mark, there are fears of a severe drought…
Mulling industrial policy
DESPITE prolonged deindustrialisation which is still continuing, the government is not yet clear whether to implement its National Industrial Policy…
Evolving strategy for inclusive growth
THE Pakistan economy is in state of flux. But so is the theory of economic growth whose diligent pursuit would…
Regulators’ collusion in Libor rigging
THERE is growing evidence of collusion between the Bank of England and international regulators, including the US Federal Reserve, in…
Debt crisis: regulators face a critical test
NEW challenges are emerging for the central banks worldwide while the European Central Bank is in the eye of the…
Credit rating variation
THE well-known New York Times columnist Thomas Friedman once remarked that there are ‘two superpowers in the world today. There’s…
A tale of two markets
OVER the past two years, a new asset class has emerged to provide investors with risk diversification and an alternate…
Takaful lifts life insurance business
THE insurance business is not among the favourites in Pakistan. The penetration at a low 0.7 per cent of the…
Exchange firms see better days ahead
AFTER two difficult years, exchange companies expect to finish the current year with flying colours thanks to exchange rates volatility.…
