There seems to be positive sentiment in the economy with the new government taking charge in May 2013. There are high hopes that the economy will flourish, law and order situation will improve, inflation will subside and development projects will create more jobs. The sentiment is reflected in business growth and the KSE-100 index trading at record high of 22,700 points and going strong. Despite the government approaching the …
Read More »Economic growth: perception may be different from reality
With announcement of the budget, it has been widely documented that inflation will be on a rise. We have already witnessed devaluation with the government resorting to the new IMF program. Dollar has crossed Rupees 100 per USD and is expected to further slide reaching Rupees 110 per USD by the close of this year, hence expected to reflect in higher prices across the board. No relief has been …
Read More »Analyzing the aviation industry
Despite rising costs, increase in taxes, financial burden and weak economic state, the demand for air travel has perpetually remained high. With the current law and order issues in Pakistan, people aim to travel abroad for peace and unwind whereas others move permanently through immigration. More and more Pakistanis in the past few years are placed in Saudi Arabia and Middle East increasing the demand for air travel. The …
Read More »What do we want from ‘new Pakistan’
New leadership is expected to bring change, a shift from the existing position of Pakistan. Each government must put people first where politicians make every effort to promote law and order issues, social justice and equality among the people. What the country needs is governance, which so far is only practiced in organizations rather than the government. Governance incorporates the sense that needs of the people are met including …
Read More »Past and present scenario of CNG in Pakistan
The supply and use of CNG in the transportation industry has adversely affected the economy. CNG was introduced for transportation in late 90’s to counter the rise in price of oil which caused inflation from the supply side. The idea for introducing CNG was to provide cushion to the consumers specially the transportation network to keep the prices at low level. As the price of fuel based on international …
Read More »Cambridge versus intermediate education system
When it comes to primary education, a student in Pakistan has the option either to pursue the local education system, which includes Matric followed by Intermediate or pursue the British education system through O Levels and A Levels. The Cambridge system is usually left for those who can afford the fees structure whereas Matric and Intermediate can be done at fraction of a cost. Post completion of Intermediate or …
Read More »Bearing of university brand names on the job market
Universities in Pakistan are governed by the Higher Education Commission of Pakistan (HEC) who is responsible for education policy, quality assurance, and degree recognition, development of new institutions and uplift of existing institutions in Pakistan. Pakistan produces about 445,000 university graduates and 10,000 computer science graduates per year. HEC recognises 132 institutions of which 73 are public universities and 59 are private universities. There are 127 universities in total …
Read More »India faces challenges to become a dominant country in global trade
India is the tenth largest economy of the world with GDP growth of 5.3 percent. India has USD 295 billion in reserves on as December 2012. India’s literacy rate is 74 percent which has grown year on year. The country is a major player in the global market when it comes to Trade. The textile, automotive, banking and technology industry is considered the best in the world. Major multinationals, …
Read More »Banking sector review for year 2012
The banking sector through CY12 to date has faced tough challenges with external factors including law and order situation, political uncertainty, strikes causing closure of bank branches in distressed areas to name a few. According to the Financial Stability review released by SBP for second half of 2011, 12 banks in Pakistan failed to meet the MCR of PKR 8 billion by December 31, 2011. The minimum capital adequacy …
Read More »Stock market review for year 2012
Pakistan’s stock markets, particularly KSE is known worldwide for providing the best returns among global stock exchanges. KSE index more recently was expected to show a decline and expected not to breach the hypothetical index value of 16,000. The stock market on the contrary is trading at 16,800 points. As on 30-Dec-11, KSE was trading at 11,347 points giving an annual return to date of 41 percent which is …
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