Port has wider scope and brighter prospects as a trade and commerce hub to serve 20 countries in Asia After the formal declaring of Gwadar Port a free trade zone and handing over to China last year, all business affairs of the Gwadar Port in Balochistan now are being carried out by Chinese authorities. Last year, the Pakistan government has formally handed over the 2,281 acres free trade zone …

  The capital market provides the people with the investment opportunities and the companies to raise funds for expansion and development for further investments. Though the government has an important role to play in shaping the legal, institutional and business environment but major responsibility rests with the corporate sector to achieve a higher level of corporate governance. The high standards of corporate integrity and excellence are of key importance for …

  Islamic banking is one of the emerging fields in global financial market nowadays. It is growing at very fast pace all around the world. The tide is little slow in Pakistan as Islamic investment banks and Islamic venture capital funds are yet fully launched here. Muslims generally abstain from purchasing insurance policies on religious grounds and have reservations on banking, which also involves payment of interest. They believe that …

  Information and communication technologies (ICT) have brought about a revolutionary change in the financial sector. This revolution finds manifestations today in shape of innovative banking products and services such as Automated Teller Machines (ATMs), Internet banking, tele-banking and so on. The Internet, ATMs, POS devices and mobile phones are the examples of online banking technologies, which serve to deliver a set of banking services and are part of distribution …

Customer awareness should be increased to encourage use of ATM, credit cards and Internet banking Consumer financing has emerged out as one of most prolific aspects of banking in Pakistan. Consumer financing products include credit cards, personal loans, auto loans and housing mortgage. It not only contributes towards facilitating the life patterns of consumers, but it also proves to be a source of improvement for the image of banks. Banking …