On 29th of January, 2020, the Government of China has officially reported that it is facing a chaotic epidemic of a viral infection named coronavirus which has already infected over 7000 people and the number is rising. 170 deaths have already been reported and number is sure to rise. The WHO Director General Tedros Adhanom has made multiple emergency meetings and held press conferences urging the world to come together to avoid a global catastrophe. …
Read More »Pakistan grabs a rare win over India at ACC emerging teams cup
When it comes to sporting rivalry in the cricket world, nothing comes close to a match between India and its neighbor Pakistan. India has dominated the cricket world cup matches against its neighbor. It is against this backdrop that the recent win by Pakistan at the 2019 ACC Emerging Teams Cup Semi-final has received a lot of attention. Was it a precursor to coming things in this old sporting rivalry? …
Read More »Trend of shopping malls in Pakistan
Pakistan economic growth might be slow but Pakistan’s retail market is one of the fastest growing economies in the world. Pakistan presents a huge opportunity to the world, to use as a hub provided it provides a few basic facilities. Pakistan’s retail market has experienced enormous growth in last decade. The most significant period of growth for the sector was between year 2004 to 2008, when the sector revenues …
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 »Good governance in Pakistan
Pakistan is one of the countries, where there is corruption, poor control of public funds, lack of accountability, abuses of human rights and excessive military influence and consequently public development inevitably suffers. The biggest problem is bad governance, which is creating all sorts of issues the masses are facing today. Issues of energy, education, health and law and order can be solved easily if Pakistan has good governance in …
Read More »Pakistan Day & National Integration
Each year, we enthusiastically celebrate the 23rd of March to commemorate the most outstanding achievement of the Muslims of the subcontinent who passed the historic Pakistan Resolution on this day at Iqbal Park in Lahore in 1940. The resolution crystal-clearly presented an independent and sovereign federal state for the Muslims of the subcontinent in which the constituent units or provinces would enjoy greater autonomy. The historic Pakistan resolution presented …
Read More »Korangi Creek Industrial Park
An economic hub offers more investment opportunities While the grapevine at the backyard of the Federation House is ripe amid rumors that local investors have transferred billions of dollars to Malaysia, UAE, Bangladesh, and even Sri Lanka and about 12 home textile manufacturers have already set up industries in Bangladesh, the news that over 65 industrial units are getting ready to lay the foundation of the manufacturing units at …
Read More »Performance of corporate sector 2012
Pakistan faces new challenges and opportunities every day. Reduced availability of financing for capital investment, unsafe working environment, law and order situation, continuous devaluation of rupee against other currencies, lack of gas and electricity and constant pressure for reviving the economy are just a few. Corporate sector vulnerabilities and poor governance in general are frequently being identified as important contributors to the Pakistan’s current financial crisis. Despite all this, …
Read More »Back to gold?
The October 1987 New York stock market crisis and the 2008 financial meltdown were controlled as fast as they came. That was in sharp contrast to the 1929-30 depressions that threw the world markets first into convulsions and then into a prolonged state of agony. The keyword separating the two sets of — pre and post World War II — financial crises was “liquidity.” The abolition of fractional reserve …
Read More »Livestock a mainstay of Balochistan’s economy running at a loss
Being a pastoral economy Balochistan is yet to exploit its tremendous potential in livestock sector. Animals are traditionally kept for meeting household milk and meat needs. Livestock development is linked with poverty alleviation in the province, as its 70 percent population is directly or indirectly involved in livestock rearing activities. The province is rich in livestock resources contributing about 40 percent of Pakistan’s total livestock population. The main consumers …
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