Disregard of women’s rights stay put; govt should reform women empowerment policies in the province Under the 1973 constitution, all citizens of Pakistan are equal, with no distinction based on gender alone but unfortunately constitutional guarantees of equality have not been enforced in actual practice all across the country. In Balochistan, enforcement of the law is the real challenge. It has been observed on ground that force of custom …
Read More »Future outlook for FDI in Pakistan
Pakistan received foreign direct investment (FDI) of $119.3 million in the first two months of current fiscal year 2015-16, which is 7.5 percent higher than the FDI received in the same period a year ago. The FDI increased to $8.3 million year-on-year (YoY) in July-August, as it amounted to almost $111 million in the corresponding months of last fiscal year 2014-15, according to the State Bank of Pakistan (SBP). …
Read More »Global retail franchises making good progress in Pakistan
Despite security concerns, the country has witnessed an immense influx of foreign retail brands. It is a fact that international brands are making good entry into the country’s lucrative market by opening up their franchises in mega cities and in towns. Certainly, the growing number of international entrants in the local market establishes this fact. The entry of foreign retail franchises into Pakistan is a testament to the enhanced …
Read More »Balochistan – an ideal land for shrimp farming growth
Shrimp farming keep going and growing and remained as one of the fastest growing sectors of the aquaculture industry. The sector has shown explosive growth during the last two decades and particularly during the period between 1985-95, the contribution from farm-raised shrimp to the total world supply of shrimp has grown by approximately 400 per cent. Shrimp farming in the world has grown into a multi billion-dollar giant, creating …
Read More »Falling oil prices: who are the true beneficiaries?
Oil price in the international market has slumped from around $100 per barrel to below $45 in the past one year. But in Pakistan, the governments generally do not provide the genuine relief to the masses after only reducing fuel prices marginally in the domestic market. A common man will only become the beneficiary of falling oil prices in the global market if the government and the oil and …
Read More »Gadani ship-breaking industry facing new challenges
A major contributor to the economy by meeting half of the steel requirement of the country, Gadani ship-breaking industry in Balochistan is the third largest in the world, employing about 10,000 workers and meets one-third of the scrap requirements of the re-rolling mills in Pakistan. The industry is a significant source of supply of steel for Pakistan Steel Mills. It came into a ship-breaking yard in early 70s and …
Read More »Rising property prices push influx of slums
Slums continue to increase in Pakistan’s major cities and towns as the property prices keep going up and there is no check hence major townships in the country have been converting into the slums home, to say precisely. It is unaffordable for common man to buy a property for his residence and if one resorts to banks for loan, the mark up on such loans is so high that …
Read More »E-commerce in Pakistan: scope and challenges
Electronic commerce or e-commerce is actually the business done through the Internet in the present era of modernization and technology. The rapidly growing usage of Internet is shifting the world towards the e-commerce. Phenomenal advancement in Information and Communication Technology (ICT) has not only brought a revolution in the life styles of the people but also in the business and marketing strategies of the people. Today, a company creates, …
Read More »Online banking has changed financial landscape in Pakistan
Online banking has accelerated financial inclusion and changed the financial landscape in many developing countries including Pakistan. Mobile phones are now compensating for inadequate infrastructure, slow postal services, and the limited coverage of banking systems in many countries. Online banking has introduced non-traditional channels of delivering services in the banking industry. Information and Communication Technologies (ICT) have transformed the global economy bringing about a revolutionary change in the financial …
Read More »Mega forestry projects to prosper Balochistan
Ziarat in Balochistan possesses the second largest Juniper forests in the world. Besides Juniper, other major species include Almond, Khujak, Olea and Wild Ash are in Ziarat. Conservation of Juniper forest needs a long-term strategy on the part of the government. The objective of the forestry is to improve and expand the tree plantation, stabilize sand dunes, preserve the natural flora and fauna, complete and establish recreational parks and …
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