Trade & Economy

  Pakistan is a country which imports oil and with a decrease in the prices of oil internationally, the import bill is likely to be affected in a positive manner. During the fiscal year 2014, out of an import bill of US$41.7 billion, 35.3% or US$14.8 billion was used for oil and related products. Thus with a decrease in the prices of crude oil, the impact is likely to be …

  Gujranwala is an important industrial base in north eastern Punjab. It has a dry port that has contributed a major part in its export growth. The major exports include rice, sugar, textiles, carpets, glass goods, medical equipment, leather products, metal utensils, agricultural equipment, and automotive machinery parts as well as producing machinery for military uses. The main source of energy is a hydro-electric project on the Chenab River. It …

  The general perception in the country is that Punjab is a better managed province, its economy is robust and provincial government headed by PML-N being in power for over two decades has been performing better. However, some cynics say it is only propaganda because except a few mega cities rest of the areas continues to suffer from contentious issues plaguing economy. There is also apperception that mega projects are …

  Punjab is the most populous province of Pakistan that houses 65% of total population of the country. It is the second largest province in terms of area after Balochistan. The province is bordered by Azad Kashmir to the north-east, the Indian states of Punjab and Rajasthan to the east, Sindh to the south, the province of Balochistan to the southwest, the province of Khyber Pakhtunkhwa to the west, and …

  Many corporate entities boost that they do a lot under Corporate Social Responsibility (CSR) but the overall plight of industrial workers clearly suggest that a lot more needs to be done. It is also observed that many of the activities that the corporate should be performing as ‘duty’ as often clubbed under CSR. A little is being done to minimize emission of toxic gases and effluents. If a few …

  Interview with Sayyid Mansoob Hasan, An analyst PAGE: Tell me something about yourself, please: Sayyid Mansoob Hasan: I have over 23 years of experience. I have worked with non-banking financial industry at senior positions like CFO, HIA and Director. Since 1995, I am engaged in Public Practice as a Cost & Management Accountant and Management Consultant. My firm MANSOOB & CO. is providing solutions to business problems of the …

  With the new year having started, the prospects of the banking sector in terms of growth are looking bright. However, the question, which must be looked into is whether or not these banks will be able to help the government during its 5-year term and help the economy in achieving growth by helping the business and industrial sectors in particular. For high rates of growth to be achieved in …

  Qatar the Asian land of opportunities December 18 marks Qatar’s National Day. On this date, every year, the waterfront promenade Corniche witnesses in sheer joy the display of several volleys of hot colors emblazoning the sky. The dazzling night-time firework unleashes all prideful colors of Qatar’s veritable history and booming economy. A nation of 2.3 million people occupying 11,570 square kilometer of land, Qatar is one of the world’s …

  Ali Awsat Hashmi, Governor-General of Sistan-Baluchistan province Iran has underscored the need to take practical steps in order to effectively stop cross-border smuggling and promote enhanced trade between Pakistan and Iran. Effective and workable measures are required to manage unofficial cross border trade through documented and official channels that will not only add to revenues but open doors for legal trade between the two brotherly countries. Speaking at a …

  The economy and foreign exchange reserves of Pakistan like most developing countries across the world rely in part on migration and workers’ remittances. To put things in perspective, the $15.83 billion1 that overseas Pakistani workers (Pakistani Diaspora) sent back home in the country’s fiscal year 2014 from July 01, 2013 to June 30, 2014 contributed to the country’s GDP. An IMF research paper stated that workers’ remittances contributed 4% …