The next Monetary Policy is to be announced by the State Bank of Pakistan on September 13, 2013 which is likely to decide the future course of policy rate in the days to come, keeping in view the rate of inflation as the tightening or softening of the monetary policy is usually linked with the ups and down of the inflation rate. If this theory is taken into consideration …

  Imported used cars – A cause of discomfort for local industry The people in the local auto industry are on cloud nine after hearing from the government that the age limit for imported used cars has been reduced from five to three years. It is refreshing to hear such good news amidst the never ending plethora of unpleasant tidings. The government has given a reason to car buyers to …

  Construction industry is one of the largest sectors having a large number of sub-sectors which provide a massive support to the economic development of any country. A vibrant construction industry is bound to create millions of job opportunities in view of its alliance with a large number of sub sectors like cement, steel, woodworks, tiles, glass fixtures and a variety of other industries. In this backdrop an active construction …

  The steel fall of international oil prices have a combined effect both on the oil based economies as well as on the developing economies but in different directions. The oil price situation has developed an interesting situation similar to what it happens even in the province of Sindh before the arrival of Monsoon season as the date farmers pray for late start of the rainy season as the rain …

  The massive Chinese investment to the tune of $42 billion is the first instance when a single country like China has practically shown its commitment to Pakistan economy, however, it would equally benefit to China on the back of strategic location of Pakistan in generation like Gwadar Port in particular, which will provide a short cut to transitional goods to and from China as no other country could offer …

  Unrealistic revenue targets weigh on trade and industry growth It rightly said that the budget is the most powerful fiscal instruments at the disposal of the government to implement political commitment and development agenda made public during electioneering campaigns; however the story takes a turn when a political party voted to power. Almost every democratically elected government made promises rather tall claims to take care of Public Sector Development …

  Knowledge, attitude and practices of Islamic banking “Knowledge, Attitude and Practices of Islamic Banking in Pakistan” was the theme of a research survey conducted by the State Bank of Pakistan (SBP) which in fact was the driving force behind the eye catching growth of the banking sector. According to the survey there is an overwhelming demand for Islamic banking in the country that is evenly distributed amongst rural and …

  The flood and the deluge has caused heavy losses in the form of human life, crop, livestock, property and infrastructure, which are preliminary estimated at US$200 million, however, exact number of losses would be quantifiable when the process of restoration will start specially in Punjab. However, the flood ravages this year are much less compared to the flood devastations, which had cost over US$10.1 billion in 2010. It is …

  11 million suffer from hepatitis, 120,000 die of diabetes every year in Pakistan It is shocking to note that over 11 million people suffer from deadly disease of Hepatitis-C while average deaths number are due to diabetes affecting around 120,000 in Pakistan. Globally, new drugs are coming down the pipeline promising help to patients with serious medical conditions but unfortunately Pakistan is a unique case where several issues put …

  The Small & Medium Enterprises (SMEs) considered as backbone of large scale industries and in fact can play an effective role in reducing poverty, which is increasing to an alarming scale in Pakistan. It is painful to see that even after 68 years of creation of Pakistan the dream of a peaceful, prosperous life with equal opportunities to every Pakistanis still seems to be a distant dream. It is …