While working on the project of building an electronic prime mover, Elon Musk postulated that, “if we drive down the transportation cost, we are destined to achieve greatness.” Whether it is international trade through the high seas or haulage networking amid countries through land, the imperativeness of transportation is pivotal for ripening success. In short, transportation is the life blood of an economic system and it is necessary for it …
Read More »
Would you ever search for “accommodation in Barcelona” on Google or ask strangers on Facebook for a place to stay when you take your wife on a weekend trip to the beautiful city of Barcelona? Of course, you won’t do that because how can you trust some one that you have never seen before? To make a long story short: this is why Airbnb exists! They make it easy to …
Read More »
After consultations with private and public sector stakeholders the Federal Cabinet approved the e-commerce policy framework – a significant step towards regulating and supporting the growth of an industry which promises digital connectivity, employment and economic growth. The framework focuses on customer protection and confidence, recognising it as the core issue confronting the industry’s growth. In the absence of direct contact between buyers and sellers, there is a need …
Read More »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 »Transportation in Pakistan is extensive and varied but still in its developing stages and serving a population of over 180 million people. Construction of new airports, roads and railway lines has led to an employment boost in the country. Much of Pakistan’s road network and railway network were built before 1947. Presently, roads carry over 96 percent of inland freight and 92 percent of passenger traffic and are undoubtedly …
Read More »Imported used cars – A cause of discomfort for local industry The people in the local auto industry are on cloud nine after hearing from the government that the age limit for imported used cars has been reduced from five to three years. It is refreshing to hear such good news amidst the never ending plethora of unpleasant tidings. The government has given a reason to car buyers to …
Read More »Ports and shipping sector plays a vital role in the economic development of a country, as efficient ports and terminals lower the cost of imports, bring revenue through exports, increase our foreign exchange reserves and enhance tax collection. Recent trends in the shipping industry have shown that cargo ships are becoming larger. These vessels have enhanced capacity to transport cargo in bulk quantities which makes commodities cheaper for the …
Read More »In the absence of quality and price check mechanism the used cars traders are duping Pakistani consumers by offering them imported used cars with no warranty or spare parts availability while denying even the benefit of appreciation of Pakistani rupee this year, this was stated by Iqbal Shah, Chairman Pakistan Automobile Manufacturer Assembler Dealer Association (PAMADA). These used vehicles prices are compared with new locally-made cars, which are superior …
Read More »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 »Chaman, a border city near Pakistan-Afghanistan border is one of the top junkyards of stolen vehicles in Balochistan where there are number of scrap yards enjoying such trade. Not only the stolen vehicles are dumped here but their engine and chassis numbers are also tampered at these junkyards. These vehicles are then sold out. The inter-provincial gangs of car lifters have been allegedly involved in snatching and transporting the …
Read More »
PAGE Blog Business Weekly Magazine