Trade & Economy

  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 …

  Small and Medium Enterprises are the biggest group in terms of a number of industrial units. They play a pivotal role in the rapid industrialization of the country and have a significant effect on the income distribution, tax revenue, and employment. According to the World Bank, the SMEs are generally more productive than large enterprises. In the developing countries, SMEs are performing a very positive role in the development …

  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 …

  Pakistan keen to build TAPI for the benefit of the region The Prime Minister of Nepal Mr. Sushil Koirala has rightly pin pointed with a wake up call that despite remaining in proximity, the countries in the South Asian Association of Regional Cooperation (SAARC) region did less than 5 percent trade among them as lack of physical connectivity; political will and long list of products under sensitive list have …

  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 …

  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 …

  PTA is a bilateral agreement signed between two trading countries to trade certain products at reduced tariff and let go of them completely to ensure buyers of one country import from the other. Signing of PTA or FTA with any country will promote trade and foreign currency movement. The larger banks e.g. UBL, HBL , ABL, MCB and NBP are expected to lead the way with RMA arrangements to …

  Denies role of distributors and retailers The e-commerce is opening new directions and horizon of trade in Pakistan, despite its late arrival in the country yet it has become a burgeoning sector and on the back of rapid growth the experts predict the size of this market is likely to go up from $30 million (spent on online purchases) to $600 million by 2017. It will be interesting to …

  Balochistan has immense potential in corporate sector, which needs to be tapped efficiently. Gwadar, a port city and now the winter capital of the province may be developed as a business corporate hub. The port is still non-functional. It still lacks road and rail connectivity and its usage has so far been restricted to bulk cargo such as wheat and urea. The province has been lacking a corporate culture …

  Entrepreneurs occupy a central position in a market economy as it is the entrepreneurs who act as the spark plug in the economy’s engine, activating and stimulating all economic activity. The economic success of nations worldwide is the result of encouraging and rewarding the entrepreneurial instinct. A society is prosperous only to the degree to which it rewards and encourages entrepreneurial activity because it is the entrepreneurs and their …