Developing countries are exposed to globalization owing to the volatility of international markets. The increase in inflows and flight of capital can have significant effects on the economy. In many developing and emerging economies, remittances are financial flows that is as important as, and in some cases more important than, capital flows. It is often observed that remittances are more stable than capital flows to emerging and developing countries …
Read More »CPEC to transform lives of over 3bn people by interlinking region with modern infrastructure
Export-oriented industries should be facilitated; resourceful solutions needed to curtail energy challenge Mr. Ibrahim Qureshi is a President of the All Pakistan Business Forum (APBF), which is a vibrant business association, with representation from numerous industries and business-sectors. It promotes and protects the interests of the business community in Pakistan and also advises the government on; policy formulation, regulatory realignments, economic reforms and implementation, to ensure better quality of …
Read More »E-Commerce industry in Pakistan: growth prospects and barriers
The trend to use Internet has been growing fast in Pakistan for the last one decade. As the trend grows faster, traditional business is being converted into Internet business where all transactions are done online, from selection of product to payment of bills. The business on the Internet is less costly and more beneficial. It is becoming very popular mode of trading around the world particularly in the West. …
Read More »Tense Pakistan-India relations hampering South Asian economic integration
Strained ties between India and Pakistan have been a major obstacle to make SAARC an effective platform Pakistan making all-out efforts to increase exports to India Pakistan believes in transforming ties with India under the tense developing relations between both the neighboring countries and as Pakistan is making steady progress towards economic front, taking it a priority of foreign policy, to have good economic relations among South Asian peers. …
Read More »Brexit impact on Pakistan’s economy
Though most of the analysts round the world are debating the impact, repercussions and fallout after the Britain’s decision to leave the European Union (EU) would have on global economy, yet they agree to the point that the development will heighten market uncertainty globally. Is the United Kingdom’s exit from the EU is going to have a negative impact on Pakistan’s economy? The officials believe that Pakistan has excellent …
Read More »Influx of Iranian cement likely to challenge the survival of local industry
APCMA seeks abolition of Gas Infrastructure Development Cess Interview with Mr. Muhammad Ali Tabba – Chairman, APCMA All Pakistan Cement Manufacturers Association (APCMA) is the apex body of the cement manufacturers of Pakistan. It is registered body under section 3 of the Trade Organization Ordinance 2007 wide license No. 14, dated April 26, 2008 issued by Ministry of Commence. It was incorporated on 14th of September 1992 under section …
Read More »Steel, cement sectors set to reap profits under CPEC projects
Cement and steel remained the dominant industries in developing the sustainable society and a country. Although the related companies to these industries are highly competitive to generate employment, export earnings, tax revenues and innovations but are much concern to health and vitality of human life and nature. Both cement and steel sectors of Pakistan are likely to get a boost from the tremendous construction activity generated through multi-billion dollar …
Read More »Franchising of international brands likely to flood Pakistan
Interview with Mohammad Raza Pirbhai – Chief Executive Officer, KFC Pakistan Profile Mohammad Raza Pirbhai is one of the most prominent business leaders of our country and has come a long way since the inception of his career. Raza Pirbhai, having a solid track record of 19 years of involvement in the field of Operations and Human Resource Management, has led him to successfully become the Chief Executive Officer …
Read More »Shopping mall business thriving in Pakistan
The increasing numbers of shopping malls thriving all over large cities in Pakistan are creating opportunities not only for large retailers, but also the smaller ones previously involved in doing business in traditional, less profitable ways. Shoppers who previously visited often open markets now go to malls for a one-stop shopping experience. Karachi and Lahore, have a large number of malls that cater to all clothing needs under one …
Read More »Tax policy — A primary tool for industrialization and economic growth
All income irrespective of source should be taxed Pakistan Business Council (PBC) views tax policy as a primary tool for the promotion of industrialization, economic growth and for more equitable distribution of the tax burden. PBC strongly advocates that taxation needs to be based on the principle of “All income irrespective of source should be taxed.” The fiscal space that the government is looking for to implement its ambitious …
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