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 »Best and quality packaging allure customers
Packaging raises the worth of the product/item because the final users repose faith in buying packed item rather than the non-packed ones. Accordingly households not shy of paying more for packed items with comparison to non-packed items which shows that the packaging is on rise or will double its value amid the quality and standard be maintained. Value of a product is raised when packaging is design in such …
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 »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 …
Read More »69th Independence Day celebrations
SBP launches vision 2020 to ensure a robust financial system in Pakistan The collective efforts of the government as well as Pakistan Army for restoration of peace and effectively addressing the security concerns in the wake of Zarb-e-Azb Operation was truly reflected in the extra ordinary zeal and fervor to celebrate 69th Independence Day was quite indicative of the improved confidence of the people towards the visible improvement in …
Read More »Pakistani youth competent to shape country’s future
Pakistani youth no doubt are the asset of Pakistan as they have ability and hold the potential to build their future and that of their country. Young people posses the vigor to enthusiastically contribute in governance, democratic and socio-economic progress. It is necessary to empower young citizens and offer them with plentiful chances in order to engage them in social, political and economic affairs of the society as future …
Read More »Sports industry of Sialkot: Potential to contribute in promoting our export regime and the industry
Sialkot sports industry has been producing sporting goods for over a decade and is one of the industries through which Pakistan has gained global recognition. The industry initially commenced with production of sporting goods involving wood e.g. cricket bats, hockey sticks, tennis, badminton rackets etc. Over the years and influx of modern equipment, the Sialkot sports industry is now able to manufacture any product and in any material. The …
Read More »It’s all about consumption!
Capitalism thrives on perpetual increase in consumption. It doesn’t much encourage savings on the one hand and advocates debt-based investment on the other. Leveraged investment generates comparatively rapid but high-cost and unsustainable growth. Investment funded by savings results in low-cost, sustainable growth. This is what the Austrian economists say while commenting on the destruction wrought by the Chicago economists during the last three decades. While global conscience, in the …
Read More »Benazir income support plan growing into biggest social safety net
Presently, the Government of Pakistan has proclaimed an ambitious yearly plan for alleviating poverty and producing more career opportunities, involving levels that may have a far touching impact on the lives of citizens. REGIONAL& GLOBAL POVERTY DESCRIPTION NUMBER OF POOR (MILLIONS) POVERTY RATE (% POPULATION) 2005 2010 2015 2005 2010 2015 East Asia 304.5 140.4 53.4 16.8 7.4 2.7 Europe and Central Asia 16.0 8.4 4.3 3.4 1.8 0.9 …
Read More »More money creates more poverty
It is mandatory, to survive under capitalistic system, to record economic growth every year. This growth is predominantly expressed by a single macro indicator – GDP. The prevailing prices of the factors of production and market prices of goods and services consumed during the year form the basis of GDP calculation. Controlled increase in prices on a sustained basis is the key to the survival off the system. Situations …
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