In Pakistan automobile market trend is enhancing and the next target for the country’s auto sector (2016 to 2021) was to attain the production benchmark of 0.5 million units per annum, which presently is half of it. Experts revealed that the potential investment of $46 billion by CPEC (China-Pakistan Economic Corridor) is a big opportunity for the automobile sector. The optimistic impact analysis of CPEC explains growth in infrastructure …

  Pakistan Railways has always remained ahead of all in the nationwide sport activities and keeping that in view it has been planned to raise sports budget for the department from the FY2016-17. Currently the players are rewarded with a gold medal and cash prize of Rs10,000 which would be increased to Rs50,000. China-Pakistan Economic Corridor (CPEC) would also assist develop transportation system of Pakistan. It is also revealed that …

  Fashion and apparel industry is experiencing accelerated progress in Pakistan while youth which comprises nearly 32 percent of the country’s population appear to be the guiding force behind it. In present eras, the apparel sector has witnessed entry of some of the biggest textile groups of Pakistan. These groups’ availed opportunities by launching separate brands, lawns and other fashion related products in the market. Plus the talented designers with …

Public debt mounts to Rs 18.9 trillion Effective debt management is necessary for developing a feasible and stable debt portfolio. It mitigates the risks of refinancing, exchange rate fluctuations and debt accumulation that could impede economic growth and stability. Prudent utilization of debt leads to high economic growth and assists the government to accomplish its social and developmental goals. DEBT POSITION IN PAKISTAN (Rs. in billion) Year Public debt Domestic …

  During the nine month period ended March 31, 2016, PSX continued to remain amongst major three best performing exchanges in Asia COMPARATIVE MARKET PERFORMANCE Details June 30. 2015 March 31, 2016 % change Malaysia 1,707 1,718 0.6 Indonesia 4,911 4,845 -1.3 Pakistan 34,399 33,139 -3.7 Philippines 7,565 7,262 -4.0 Vietnam 593 561 -5.4 Brazil 22,029 20,659 -6.2 Thailand 1,505 1,408 -6.4 India 27,781 25,342 -8.8 MSCI EM 972 837 …

  Presently Pakistan is one of the active and effective players in worldwide Islamic finance industry and State Bank of Pakistan (SBP) has remained at forefront in developing and promoting Islamic finance in the country. Learning from past experience, SBP adopted an evolutionary approach for establishing Islamic banking in Pakistan in 2001. Since then and the industry commencing from scratch in 2001, has increased above 11 percent share in assets …

  In Pakistan microfinance sector depends upon external consultants and their strategic sights for economic development. These consultants are being hired to obtain utmost coherence with strategic ways and their alliance with output. Consultants are accountable for initializing business ideas for microfinance sector. The business ideas are best in function and offer principles how to start from day one till end of business. This sector in the country is keen …

  Takaful is a Shariah-compliant alternative to conventional insurance. In the present age, the need and significance of insurance cannot be overlooked, but the present rules and practices utilized under insurance are against the teachings of Islam. Islamic scholars have presently deliberated over this matter for many years and devised the concept of Takaful. Takaful business is based on a huge pool of finances, where a great number of clients …

  Standard Chartered Bank Pakistan Limited (SCBPL) is the oldest and largest global bank in Pakistan. STANDARD CHARTERED BANK IN PAKISTAN STOCK EXCHANGE (Rs) Date LDCP Open rate Closing rate Turnover 1-Jan-16 21.9 22.49 22.49 3,500 4-Jan-16 22.49 21.75 21.41 31,000 5-Jan-16 21.41 21.88 21.7 1,000 6-Jan-16 21.7 21.5 21.36 3,000 7-Jan-16 21.36 21.83 21.7 3,000 8-Jan-16 21.7 21.69 21.7 1,500 11-Jan-16 21.7 20.8 20.94 1,500 12-Jan-16 20.94 21 21 …

  JS Investments Limited (JSIL) is the oldest and one of the greatest private sector asset management firms in Pakistan, with a broad range of mutual funds, Islamic funds, pension funds and separately managed accounts, formed after keeping in view the client needs and requirements. JSIL is a member of MUFAP (Mutual Fund Association of Pakistan) and is catalog on the Karachi Stock Exchange. With the experience of 20-year in …