AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 129.06 Decreased By ▼ -0.47 (-0.36%)
BOP 6.75 Increased By ▲ 0.07 (1.05%)
CNERGY 4.49 Decreased By ▼ -0.14 (-3.02%)
DCL 8.55 Decreased By ▼ -0.39 (-4.36%)
DFML 40.82 Decreased By ▼ -0.87 (-2.09%)
DGKC 80.96 Decreased By ▼ -2.81 (-3.35%)
FCCL 32.77 No Change ▼ 0.00 (0%)
FFBL 74.43 Decreased By ▼ -1.04 (-1.38%)
FFL 11.74 Increased By ▲ 0.27 (2.35%)
HUBC 109.58 Decreased By ▼ -0.97 (-0.88%)
HUMNL 13.75 Decreased By ▼ -0.81 (-5.56%)
KEL 5.31 Decreased By ▼ -0.08 (-1.48%)
KOSM 7.72 Decreased By ▼ -0.68 (-8.1%)
MLCF 38.60 Decreased By ▼ -1.19 (-2.99%)
NBP 63.51 Increased By ▲ 3.22 (5.34%)
OGDC 194.69 Decreased By ▼ -4.97 (-2.49%)
PAEL 25.71 Decreased By ▼ -0.94 (-3.53%)
PIBTL 7.39 Decreased By ▼ -0.27 (-3.52%)
PPL 155.45 Decreased By ▼ -2.47 (-1.56%)
PRL 25.79 Decreased By ▼ -0.94 (-3.52%)
PTC 17.50 Decreased By ▼ -0.96 (-5.2%)
SEARL 78.65 Decreased By ▼ -3.79 (-4.6%)
TELE 7.86 Decreased By ▼ -0.45 (-5.42%)
TOMCL 33.73 Decreased By ▼ -0.78 (-2.26%)
TPLP 8.40 Decreased By ▼ -0.66 (-7.28%)
TREET 16.27 Decreased By ▼ -1.20 (-6.87%)
TRG 58.22 Decreased By ▼ -3.10 (-5.06%)
UNITY 27.49 Increased By ▲ 0.06 (0.22%)
WTL 1.39 Increased By ▲ 0.01 (0.72%)
BR100 10,445 Increased By 38.5 (0.37%)
BR30 31,189 Decreased By -523.9 (-1.65%)
KSE100 97,798 Increased By 469.8 (0.48%)
KSE30 30,481 Increased By 288.3 (0.95%)
Print - 2006-11-27
Telecom Argentina sees mobile phone growth in 2007

Telecom Argentina sees mobile phone growth in 2007

Telecom Argentina's mobile phone business, its main source of earnings, is expected to grow in 2007 on greater demand for cellphone services including ringtones and Internet capabilities, a company executive said on Thursday.
Published 27 Nov, 2006 12:00am
Cellphone sales seen growing in 2007: survey

Cellphone sales seen growing in 2007: survey

Global sales of mobile phones are set for another year of strong growth in 2007, with estimated consumer demand for 1.1 billion handsets, according to a survey on November 22.
Published 27 Nov, 2006 12:00am
Mobiles hope to be 'smart wallet'

Mobiles hope to be 'smart wallet'

Mobile phones are closer to becoming smart wallets, following agreement among mobile operators on an approach to Near Field Communications (NFC).
Published 27 Nov, 2006 12:00am
Microsoft says Office unfazed by Google threat

Microsoft says Office unfazed by Google threat

One of the two new heads of Microsoft Corp's Office software team downplayed the threat from Google Inc's Web-based word processing and spreadsheet applications, saying they are unlikely to appeal to corporate customers.
Published 27 Nov, 2006 12:00am
Oracle to compensate holders for i-flex offer delay

Oracle to compensate holders for i-flex offer delay

Oracle Corp said on November 22 it would pay interest of 11.35 rupees ($0.25) per share to compensate shareholders in India's i-flex solutions Ltd for a delay in a proposed open offer.
Published 27 Nov, 2006 12:00am
China's Tencent third quarter net triples, challenges ahead

China's Tencent third quarter net triples, challenges ahead

Internet and mobile messaging services provider Tencent Holdings Ltd said on November 22 that its third-quarter earnings more than tripled due to strong growth of its Internet services and advertising revenue.
Published 27 Nov, 2006 12:00am
Smile! It's time to buy a new digital camera

Smile! It's time to buy a new digital camera

Thirty-year-old nurse Rie Wakaume is a camera maker's dream. About to get married in Italy, Wakaume is ready to splurge on the latest trend in photography - digital SLR cameras - even though she has a perfectly good camera.
Published 27 Nov, 2006 12:00am
Tech Data

Tech Data

Tech Data Corp, the world's No 2 computer distributor, reported lower quarterly profit on November 21 as costs rose and it took charges related to the restructuring of its overseas operations.
Published 27 Nov, 2006 12:00am
Chip development

Chip development

Israeli memory chip developer Saifun Semiconductors and SMIC, China's top maker of made-to-order microchips, said on November 22 that they would collaborate to create more cost-effective data flash chips.
Published 27 Nov, 2006 12:00am
Konica Minolta

Konica Minolta

Japanese copier and printer maker Konica Minolta Holdings Inc said on November 21 that it would issue 70 billion yen ($593 million) worth of euroyen convertible bonds for capital expenditure and bond redemption.
Published 27 Nov, 2006 12:00am
Konica Minolta

Konica Minolta

Japanese copier and printer maker Konica Minolta Holdings Inc said on November 21 that it would issue 70 billion yen ($593 million) worth of euroyen convertible bonds for capital expenditure and bond redemption.
Published 27 Nov, 2006 12:00am
Greek Cosmote

Greek Cosmote

Greece's largest mobile phone company Cosmote said on November 24 that it had raised its stake in Germanos to 82 percent as part of its plans to buy the remaining shares it does not already own in the retailer.
Published 27 Nov, 2006 12:00am
Esmertec sees $24 million sales in 2006

Esmertec sees $24 million sales in 2006

Swiss software provider Esmertec said on November 21 that it expected full-year revenues of at least $24 million in 2006, as it benefited from new contracts.
Published 27 Nov, 2006 12:00am
Esmertec sees $24 million sales in 2006

Esmertec sees $24 million sales in 2006

Swiss software provider Esmertec said on November 21 that it expected full-year revenues of at least $24 million in 2006, as it benefited from new contracts.
Published 27 Nov, 2006 12:00am
Sanyo Electric to sell cellphone business

Sanyo Electric to sell cellphone business

Sanyo Electric Co, which is headed for its third straight loss this business year, plans to sell its cellphone operations as part of a new restructuring plan, the Nihon Keizai newspaper reported on November 22.
Published 27 Nov, 2006 12:00am
EU lawmakers want hardball financial approach to US

EU lawmakers want hardball financial approach to US

European Union lawmakers called for tougher dealings with the United States over financial rules as key regulatory deadlines slip, but the bloc's top market watchdog said such tactics would backfire.
Published 27 Nov, 2006 12:00am
LSE seen running out of options as Nasdaq circles

LSE seen running out of options as Nasdaq circles

The London Stock Exchange has been left with few options to defend itself from Nasdaq Stock Markets Inc's unwanted attentions after British financial markets broker ICAP's decision not to pursue fresh merger talks, analysts said on November 21.
Published 27 Nov, 2006 12:00am
Lehman to open Moscow office in 2007

Lehman to open Moscow office in 2007

Lehman Brothers plans to open an office in Moscow next year for the first time since the investment bank left the city in the wake of the 1998 Russian financial crisis, a senior executive told the Daily Telegraph.
Published 27 Nov, 2006 12:00am
Mitsubishi UFJ pays Sumitomo trust 2.5 billion yen to settle suit

Mitsubishi UFJ pays Sumitomo trust 2.5 billion yen to settle suit

Mitsubishi UFJ Financial Group Inc said on November 21 that it had agreed to pay 2.5 billion yen (21.2 million dollars) to Sumitomo Trust and Banking Co to settle a two-year legal battle over the scrapping of a partial merger in favour of a deal to create
Published 27 Nov, 2006 12:00am
Mitsubishi UFJ pays Sumitomo trust 2.5 billion yen to settle suit

Mitsubishi UFJ pays Sumitomo trust 2.5 billion yen to settle suit

Mitsubishi UFJ Financial Group Inc said on November 21 that it had agreed to pay 2.5 billion yen (21.2 million dollars) to Sumitomo Trust and Banking Co to settle a two-year legal battle over the scrapping of a partial merger in favour of a deal to create
Published 27 Nov, 2006 12:00am
Bank of America wins reversal of $1.6 billion verdict

Bank of America wins reversal of $1.6 billion verdict

A state appeals court in San Francisco has overturned a ruling that Bank of America Corp illegally raided customers' Social Security benefits to pay fees, a case that could have cost the bank $1.6 billion.
Published 27 Nov, 2006 12:00am
Abu Dhabi Commercial Bank plans A$, euro bond sale

Abu Dhabi Commercial Bank plans A$, euro bond sale

Abu Dhabi Commercial Bank plans to sell bonds next year in Australian dollars and euros for the first time as part of a $6 billion borrowing programme, the bank's chief executive said on November 22.
Published 27 Nov, 2006 12:00am
Abu Dhabi Commercial Bank plans A$, euro bond sale

Abu Dhabi Commercial Bank plans A$, euro bond sale

Abu Dhabi Commercial Bank plans to sell bonds next year in Australian dollars and euros for the first time as part of a $6 billion borrowing programme, the bank's chief executive said on November 22.
Published 27 Nov, 2006 12:00am
ADB pushes ahead with corporate bond guarantee plan

ADB pushes ahead with corporate bond guarantee plan

The Asian Development Bank (ADB) is pushing ahead with an initiative to support bond issues by borrowers with low ratings, which could see the institution providing credit guarantees by next year, a senior official said.
Published 27 Nov, 2006 12:00am
ADB pushes ahead with corporate bond guarantee plan

ADB pushes ahead with corporate bond guarantee plan

The Asian Development Bank (ADB) is pushing ahead with an initiative to support bond issues by borrowers with low ratings, which could see the institution providing credit guarantees by next year, a senior official said.
Published 27 Nov, 2006 12:00am
BNP Paribas seals $450 million shipping deal

BNP Paribas seals $450 million shipping deal

French bank BNP Paribas closed a $450 million financing transaction for Italian shipping group Navigazione Montanari and said it was close to completing another shipping finance deal worth $450 million to $500 million.
Published 27 Nov, 2006 12:00am
Germany Inc's image tarnished by wave of corruption cases

Germany Inc's image tarnished by wave of corruption cases

Some of Germany's best-known and highly respected companies, including Siemens and Volkswagen, have hit the headlines this week in corruption scandals that threaten to tarnish Germany's squeaky clean business reputation.
Published 27 Nov, 2006 12:00am
Nissan plans to sell electric cars in 3 years

Nissan plans to sell electric cars in 3 years

Nissan Motor Co plans to develop and start selling subcompact electric cars powered by self-developed lithium-ion batteries in about three years, the Nihon Keizai (Nikkei) business daily reported on Sunday.
Published 27 Nov, 2006 12:00am
Green technologies on display at Los Angeles Auto Show

Green technologies on display at Los Angeles Auto Show

Innovative new designs and environmentally friendly vehicles are expected to take centre stage as car manufacturers lift the veil on their latest machines at the Los Angeles Auto Show here Friday.
Published 27 Nov, 2006 12:00am
Companies merger to boost Malaysia's palm oil status

Companies merger to boost Malaysia's palm oil status

A merger of three Malaysian plantation conglomerates will create the world's largest listed palm oil estate, and boost the country's status as a palm oil producer amid growing regional competition, analysts said.
Published 27 Nov, 2006 12:00am
Indonesian leader arrives in Japan for trade and energy talks

Indonesian leader arrives in Japan for trade and energy talks

Indonesian President Susilo Bambang Yudhoyono Sunday arrived in Tokyo, where he is expected to sign off on the framework for a trade deal that could let Indonesians work here. During his four-day visit, Japan will also seek Indonesia's assistance in suppl
Published 27 Nov, 2006 12:00am
Airbus A380 in round-the-world test flight

Airbus A380 in round-the-world test flight

The Airbus A380 started a global circumnavigation Saturday which will take in the South and North Poles on the last of a series of test flights before it applies for its air safety certificate.
Published 27 Nov, 2006 12:00am
ADB cancels $7.9 million loan to delinquent Marshalls

ADB cancels $7.9 million loan to delinquent Marshalls

The Asian Development Bank (ADB) said Sunday it has cancelled a 7.9 million dollar loan to the Marshall Islands because of mounting concerns about the cash-trapped Pacific nation's debt levels.
Published 27 Nov, 2006 12:00am
Eurozone indicators point to rise in confidence and inflation

Eurozone indicators point to rise in confidence and inflation

Eurozone indicators to be released this week are expected to show gains in industrial and consumer confidence and manufacturing activity - further evidence of robust momentum - as well as inflation, economists said.
Published 27 Nov, 2006 12:00am
Foreign buying of Japan securities to suffer fall in 4 years

Foreign buying of Japan securities to suffer fall in 4 years

Net purchases of Japanese stocks and bonds by foreign investors this year are likely to fall for the first time in four years, a newspaper said Sunday. Net purchases of Japanese stocks and medium- to long-term bonds by foreign investors reached a record 1
Published 27 Nov, 2006 12:00am
Foreign buying of Japan securities to suffer fall in 4 years

Foreign buying of Japan securities to suffer fall in 4 years

Net purchases of Japanese stocks and bonds by foreign investors this year are likely to fall for the first time in four years, a newspaper said Sunday. Net purchases of Japanese stocks and medium- to long-term bonds by foreign investors reached a record 1
Published 27 Nov, 2006 12:00am
Australian gold production rises slightly in third quarter

Australian gold production rises slightly in third quarter

Australian gold output edged up in the September quarter from the second quarter as new operations came into production, but fell slightly from the year-ago period, industry consultant Surbiton Associates said.
Published 27 Nov, 2006 12:00am
China policies will slow economic growth

China policies will slow economic growth

A think tank at People's University has forecast China's economic growth will slow to about 9.25 percent in 2007 and remain near that rate through 2010, the Beijing News reported on Sunday.
Published 27 Nov, 2006 12:00am
Swiss voters approve one billion franc aid to EU newcomers

Swiss voters approve one billion franc aid to EU newcomers

Swiss voters on Sunday narrowly approved a law giving one billion Swiss francs (630 million euros, 827 million dollars) in aid to new EU members in eastern Europe, according to final referendum results.
Published 27 Nov, 2006 12:00am
Nepal rebels and government fail to finalise parliament

Nepal rebels and government fail to finalise parliament

A peace process aimed at ending Nepal's decade-old Maoist insurgency suffered a setback on Sunday when government and rebels failed to finalise an interim constitution and parliament as agreed in a landmark pact.
Published 27 Nov, 2006 12:00am
Timor rebel leader, military chief call for dialogue

Timor rebel leader, military chief call for dialogue

East Timor's military commander has called for dialogue with rebel leader Major Alfredo Reinado, who is on the run for murder and illegal arms possession, Prime Minister Jose Ramos-Horta said Sunday.
Published 27 Nov, 2006 12:00am
Merkel's party debates direction, congress starts

Merkel's party debates direction, congress starts

A potentially divisive debate over the direction of German Chancellor Angela Merkel's conservative Christian Democrats (CDU) threatens to overshadow a party congress which starts on Sunday.
Published 27 Nov, 2006 12:00am
Two soldiers, policeman die in Kashmir gunbattle

Two soldiers, policeman die in Kashmir gunbattle

Two Indian army soldiers and a policeman were killed in a gunbattle with suspected Islamic militants in the north of revolt-hit Indian Kashmir, police said Sunday.
Published 27 Nov, 2006 12:00am
Taiwan official warns of Chinese naval supremacy: report

Taiwan official warns of Chinese naval supremacy: report

A Taiwan defence ministry official warned Taiwan badly needs submarines to defend itself against rival China's rapid naval expansion, including plans for two aircraft carriers by 2020, a report said Sunday.
Published 27 Nov, 2006 12:00am
Philippines probes ferry accident, 14 dead

Philippines probes ferry accident, 14 dead

Maritime officials were investigating Sunday after a passenger ferry capsized in the southern Philippines killing 14 people and leaving 15 missing, officials and reports said.
Published 27 Nov, 2006 12:00am
Nato leaders tackle alliance role as 'global policeman'

Nato leaders tackle alliance role as 'global policeman'

Nato leaders are set to debate the alliance's future this week, torn between US-led countries wanting to build a global security organisation and others who insist on a strictly transatlantic role.
Published 27 Nov, 2006 12:00am
Turks gather against papal visit

Turks gather against papal visit

Crowds began converging in central Istanbul Sunday for a demonstration called by a small Islamist party against the visit to Turkey by Pope Benedict XVI, which starts on Tuesday.
Published 27 Nov, 2006 12:00am
Russian forces kill 5 gunmen near Chechnya: FSB

Russian forces kill 5 gunmen near Chechnya: FSB

Russian special forces killed five gunmen on Sunday, including an Arab rebel leader, in the southern republic of Dagestan which borders Chechnya, a Russian intelligence agent said.
Published 27 Nov, 2006 12:00am
Four shot dead in Thai Muslim south

Four shot dead in Thai Muslim south

Four people, including two soldiers, were killed Sunday in a string of shootings by suspected militants in Thailand's restive Muslim-majority south, police said.
Published 27 Nov, 2006 12:00am
Taiwan shares to extend gains

Taiwan shares to extend gains

Taiwan share prices are expected to make further ground this week as window dressing interest in the conglomerate stocks picks up with the year-end approaching, dealers said.
Published 27 Nov, 2006 12:00am
Japanese shares seen turning positive

Japanese shares seen turning positive

Japanese share prices are expected to turn around this week as the market gets over a bout of the blues about the state of the economy and focuses on holiday season consumption, analysts said. Over the week to November 24, the Tokyo Stock Exchange's bench
Published 27 Nov, 2006 12:00am
Malaysian shares outlook promising

Malaysian shares outlook promising

Malaysian share prices are set to rise in the coming week as market sentiment continues to be boosted by the positive economic outlook, dealers said.
Published 27 Nov, 2006 12:00am
UAE banks able to manage losses from stocks

UAE banks able to manage losses from stocks

United Arab Emirates banks will be able to manage losses from a downturn in Gulf Arab stock markets after making strong profits last year, the central bank governor said on Sunday.
Published 27 Nov, 2006 12:00am
Australian stocks seen consolidating

Australian stocks seen consolidating

Australian investors should expect the market's minor correction to continue this week, as slowing global growth raises a question mark over the direction of commodity prices, dealers said.
Published 27 Nov, 2006 12:00am
Indian shares seen volatile

Indian shares seen volatile

Indian share prices are likely to be volatile this week with investors seen taking profits in index heavyweights that are trading at record highs, dealers said.
Published 27 Nov, 2006 12:00am
Gaza truce takes effect, Israel pledges restraint

Gaza truce takes effect, Israel pledges restraint

A ceasefire between Israel and militants in Gaza took hold on Sunday and Israeli Prime Minister Ehud Olmert promised restraint in response to early Palestinian truce violations.
Published 27 Nov, 2006 12:00am
French Socialists crown Royal presidential candidate

French Socialists crown Royal presidential candidate

To standing ovations and long, roaring applause, France's Socialists crowned Segolene Royal as their candidate for next year's presidential poll at a special party congress on Sunday.
Published 27 Nov, 2006 12:00am
Iraq tribe says it kills dozens of Qaeda fighters

Iraq tribe says it kills dozens of Qaeda fighters

Iraqi tribesmen have killed 55 al Qaeda fighters in a raid on their stronghold, the head of a tribal council in the western province of Anbar said on Sunday, but the US military could not confirm the figures.
Published 27 Nov, 2006 12:00am
Ebadi urges India to scrap 'unjust' law

Ebadi urges India to scrap 'unjust' law

Nobel Peace Prize winner Shirin Ebadi urged India on Sunday to revoke a controversial law giving sweeping powers to security forces and which human rights activists say is a licence to kill indiscriminately.
Published 27 Nov, 2006 12:00am
Iraqi president heads for Iran for talks with Ahmadinejad

Iraqi president heads for Iran for talks with Ahmadinejad

Iraqi President Jalal Talabani will visit Tehran on Monday for talks with hard-line counterpart Mahmoud Ahmadinejad expected to focus on Iran's possible role in curbing bloodshed in the war-ravaged neighbour.
Published 27 Nov, 2006 12:00am
Sri Lanka ready for consensus to resolve civil war

Sri Lanka ready for consensus to resolve civil war

Sri Lanka is ready to resolve its bloody civil conflict through a national consensus involving all political parties and separatist Tamil rebels, President Mahinda Rajapakse said on Sunday. But he acknowledged any progress towards peace was slow and gave
Published 27 Nov, 2006 12:00am
Bangladesh bans protests outside presidential palace

Bangladesh bans protests outside presidential palace

Bangladesh Sunday banned protests outside the country's presidential palace after the opposition vowed to hold massive rallies there this week to press its demand for election reforms.
Published 27 Nov, 2006 12:00am
UK minister attacks Kremlin after death of spy

UK minister attacks Kremlin after death of spy

A British minister on Sunday condemned "murky murders" clouding President Vladimir Putin's Russia and media reports said police would go to Moscow and Rome to probe the radiation death in London of a former KGB spy.
Published 27 Nov, 2006 12:00am
Strong election showing by Bahrain Shite group

Strong election showing by Bahrain Shite group

Bahrain's main Shia opposition won 16 of parliament's 40 seats but the group said on Sunday it doubted the strong showing would yield much political power in the Sunni-led kingdom.
Published 27 Nov, 2006 12:00am
Iran ready to help US if it quits Iraq

Iran ready to help US if it quits Iraq

Iranian President Mahmoud Ahmadinejad said on Sunday Iran was ready to help the United States and Britain in Iraq but only if they pledged to change their attitude and withdraw their troops. The remark comes amid growing calls for Washington to engage Ira
Published 27 Nov, 2006 12:00am
'Hu's visit to strengthen ties with China'

'Hu's visit to strengthen ties with China'

Chaudhry Pervaiz Elahi, Chief Minister of Punjab speaking on the occasion of farewell to Chinese President Hu Jintao at Lahore Airport on Sunday stated that his visit would lead to strengthening of ties between two countries.
Published 27 Nov, 2006 12:00am
WPB violation not to be tolerated: Afgan

WPB violation not to be tolerated: Afgan

Federal Minister for Parliamentary Affairs Dr Sher Afgan Khan Niazi has said that the government would ensure implementation of Women Protection (WP) law and would not tolerate its violation in any part of the country.
Published 27 Nov, 2006 12:00am
Partly Facetious

Partly Facetious

Different strokes for different folks
Published 27 Nov, 2006 12:00am
Suggestions to Corporate Law Review Commission-I

Suggestions to Corporate Law Review Commission-I

The setting up by the Securities and Exchange Commission of Pakistan (SECP) of the Corporate Law Review Commission (CLRC) to update and upgrade it under former Chief Justice of Pakistan, Justice Ajmal Mian is a good sign. We need to pray, however, that th
Published 27 Nov, 2006 12:00am
Bedbugs make a course book in US cities

Bedbugs make a course book in US cities

For months, Rachel Kempster has been obsessed day and night, unable to close her eyes without thinking about the new urban terror to hit New Yorkers: bedbugs. "It's something I wouldn't wish on my absolutely worst enemy," said Kempster, a book publicist w
Published 27 Nov, 2006 12:00am
Appeal to ICJ

Appeal to ICJ

After many shocking news comes yet another one ie the results of Saddam Hussain's trial. The world is perhaps losing its way and people are losing faith all over the world that goodness and fair-play can still prevail.
Published 27 Nov, 2006 12:00am
Australian cricket 'culture'

Australian cricket 'culture'

The Australian cricket team, umpire Darrell Hair and the government have given comprehensive demonstration of their racist mentality and "culture". The Aussie players and Cricket Australia were the only ones who came out in support of Darrell Hair, the ma
Published 27 Nov, 2006 12:00am
UAE rights lawyers' plea

UAE rights lawyers' plea

Despite tentative attempts at reform, coupled with an impressive economic performance based on oil, the United Arab Emirates stands accused by human rights activists of curbing freedom of expression. "Freedom of expression does not exist," said Emirati la
Published 27 Nov, 2006 12:00am
The impact cost in the revised RMS at KSE

The impact cost in the revised RMS at KSE

Liquidity in the context of stock market means a market where large orders can be executed without incurring a high transaction cost. The transaction cost referred here is not the fixed costs typically incurred in terms of transaction charges (LAGA), or c
Published 27 Nov, 2006 12:00am
Setback to soccer ball industry

Setback to soccer ball industry

According to a Reuters news report from Los Angeles, Nike Inc, the world's largest athletic shoe and apparel maker, has stopped placing orders with its Pakistan-based supplier of hand-stitched soccer balls. As for the cause of its action, it is stated to
Published 27 Nov, 2006 12:00am
Abysmal savings rate

Abysmal savings rate

In a report titled "Determinants of savings in Pakistan", the World Bank has argued forcefully that if the country wants to sustain its growth and increase investment without paying out an increasing share of its income in interest or dividends, it has to
Published 27 Nov, 2006 12:00am