Established in 1882 at Lahore, the University of the Punjab is now one of the largest and the oldest seat of higher learning in Pakistan, offering a very broad programme of studies at the Degree, Diploma, Postgraduate, M.Phil, and Ph.D. levels. It set a record in the country by producing over 200 PhDs last year. Being the most prestigious, largest and highest seat of learning in Pakistan, the University …
Read More »Oil lobby not allowing any other means of power generation
Government not focused on exploiting potential of other indigenous resources like solar and coal Energy is considered as lifeline of a country’s socio-economic and human development but its scarcity results in grinding halt to almost every sector of life. Pakistan like other Asian countries is also faced with acute energy shortage, especially of electricity, the main source of energy. The electricity crisis did not emerge overnight because the issue …
Read More »Solar energy — an inexpensive energy of the future
Solar energy venture of Nizam energy provides the ray of hope for future development, economic stability. Solar energy is positioned to become a new source of power to lead the world to a low-carbon future and hopefully, away from a global climate catastrophe, which is caused by rising emissions from burning fossil fuels. For solar energy to become so cheap that it can compete with coal and oil, its …
Read More »Intel-Gright unveils best performing tablet, smartphone devices
Intel Pakistan and Gright have introduced a new lineup of Android devices, including the first designs using Intel Atom Processor Z2500 Series specially designed for tablets and smartphones while a new class of smart tablets were also unveiled with readiness for 3G data and voice calling via SIM features with compatibility to major Telco providers in Pakistan. The announcement was made by Naveed Siraj, Country Manager, Intel Pakistan as …
Read More »Auto sector: An emerging sector in Pakistan exports
Top Chinese firm Zotye holding group taking interest to make Pakistan an export base country for automobiles Auto sector is one of the emerging sectors in Pakistan exports and efforts are being taken by Trade Development Authority of Pakistan (TDAP) for the promotion of exports of this sector to the world over. A leading Chinese Group Zotye Holding Group has expressed its interest to make Pakistan an export base …
Read More »SMEs generally considered more productive than large enterprises
The expansion of SME sector is crucial to an economic revolution in Pakistan: experts Developing and developed countries have recognized the importance of Small Medium Enterprises (SMEs) which play an important role in the development of national economy. In Indonesia, United Kingdom, South Korea, Thailand, China, USA, Bangladesh etc, SMEs have historically been the main players in the domestic economic activities especially as providers of employment opportunities. SMEs are …
Read More »Takaful is fast evolving into banking system
The trait of insurance in the world over is to cover industrial, commercial and social activities and every individual and group of people as it is an agreement in return of payment for specified loss, death or injuries but since it is disputable either the existing form of insurance are risk free or the certain amount paid to the concerned companies making insurance policies are Islamic or un-Islamic way. …
Read More »Brands had a great influence on the mind of people
Today the people are becoming highly brand conscious and as per increase in social mobility the concept of buying branded products gaining its roots to every walks of living beings as these available trade names had a great influence on the mind of people despite inflation, high tariff of utilities and host of other reasons hinder these branded products to get due share in the market. Renowned brand labels …
Read More »Around 25 million people live in extreme poverty in Pakistan
Every third Pakistani is living below the poverty line Poverty alleviation was one of the key objectives of the economic agenda of the PML (N) government and microfinance is the most effective instruments of poverty reduction. As per World Bank estimates, around 25 million people live in extreme poverty in Pakistan and the adverse impacts of global financial, food, and fuel crises posed multiple challenges to Pakistan’s rapidly evolving …
Read More »Born of heavy industries in Pakistan – lack of capital a major obstacle
Textile sector hit hard due to high interest rate, electricity, gas outages High interest rate, political instability, deteriorating law and order situation, frequent power and gas outages and high power and gas tariffs are not only hindering growth of investment but also putting an additional burden on the country’s industrial sector apart from squeezing the gross margins of industries. In Pakistan lack of capital is a major obstacle in …
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