Government must establish more textile cities Textile sector is the backbone of Pakistan export economy. Comprises of 391 textile mills, Pakistan is the world’s fourth largest producer of cotton and third largest consumer. It contributes 8.5 percent of GDP and employs 38 percent of the workforce in the manufacturing sector. But Pakistan textile industry is mainly beset with the major problems like energy crisis, lack of value addition and …

  The landmark economic package of China is a depiction of the confidence of China and Pakistan and the deep love for a large number of people of Pakistan. The projects are part of a broad bilateral deal called as China-Pakistan Economic Corridor (CPEC) under which the Chinese government and banks will finance Chinese companies to invest $45.6 billion worth of energy and infrastructure projects in Pakistan over the next …

  Toyota is the world’s most valuable car brand. It is a defined brand that is having quality and value. The brand has finished in the top spot among other renowned auto brands in seven of nine years in a latest study conducted recently through Millward Brown Optimor BrandZ Top 100 Most Valuable Car Brands. The annual BrandZ Top 100 Most Valuable Global Brands ranking was created by Millward Brown …

  The oil industry with its past history of huge profitability is in the downswing. Earnings are at present in a lower position for companies that have made landmark profits in recent years, pushing them to retire more than half their rigs and abruptly cut investments in exploration and production. About 100,000 oil workers have lost their jobs, and manufacturing of drilling and production equipment has fallen drastically. The oil …

  Small and Medium Enterprises are the biggest group in terms of a number of industrial units. They play a pivotal role in the rapid industrialization of the country and have a significant effect on the income distribution, tax revenue, and employment. According to the World Bank, the SMEs are generally more productive than large enterprises. In the developing countries, SMEs are performing a very positive role in the development …

  Solar energy is forecasted to become a new source of power to lead the world to a low-carbon future and expectedly, away from a global climate catastrophe. For solar energy to become very cheap that it can compete with coal and oil, its deployments need to be greatly developed. Solar power can meet wholly the world demand of electricity. It has the capability to provide several times the country’s …

  The introduction of the new National Aviation Policy is timely considering the fact that Pakistan has a negative growth of its aviation industry. In contrast to other countries in the region, aviation sector’s contribution in Pakistan was below 0.01 percent. Countries like India, Malaysia, Philippines and Thailand aviation sector’s contribution ranged between 1.5 percent and 9.0 percent while only 8 percent of the 180 million population of Pakistan have …

  There is a global attitude towards business competition after the formation of World Trade Organization but still some countries protect certain local industries in order to safeguard local population and enhance regulatory protection of consumers. Pakistan’s automotive car industry is amongst such industries, protected from outright direct competition in some ways by the policies of the government. This sector has seen growth for quite some time with exponential growth …

  Since the introduction of car leasing and financing, vehicle sales in Pakistan have increased several times. All of this started in the beginning of this century as these loans made it easy for people to buy new or even used cars. This also sprung up new business like rent-a-car and renting cars became a cheaper and more viable business option. That’s the time when Pakistan’s automobile industry was booming …

  Pakistan’s retail sector is growing with great momentum. The retail industries have become a major hub for growing businesses. Though retailers have existed in Pakistan for a long time, the induction of global brands and outlets have forced local retailers to expand their boundaries to compete with their larger international competitors. The entrance of supermarkets and malls during the last eight years created a new community of enthusiastic shoppers …