Trade & Economy

  With the positivity instilled with the current government, most segments of the economy are showing positive signs of growth. When talking to businessmen on market potential, most say that the sector which is the best choice for investments is the retail sector. Pakistan has population of 180 million people, and frankly, the only entertainment is food and shopping. The demand of both food and shopping is counter to the …

  Rising cost of doing business, energy crisis & security issues are cause of concern for overseas investors To attract foreign investment is one of the top priorities of the present government with a view to improve economic growth in Pakistan. In this respect the Ministry of Finance is holding road shows at least six in six major cities including Dubai, Los Angles, New York and London this week. Although …

  Pakistan has been witnessing devaluation year after year ever since one can remember. People in general longed to see a stronger rupee. Depreciation was resulting in constant increase in price pushing more people below the poverty line. Currently the Rupee is trading between PKR98. No one can say for sure where the exchange rate will be in the future. Some predict devaluation to previous levels other claim another round …

  It is heartening to note that the incumbent government has appointed S. M. Muneer as Chairman of Trade Development Authority of Pakistan (TDAP). The business community has reposed confidence in the new chairman, himself a leading exporter of textiles and clothing and leather and leather products besides having interest in other industrial entities. While the TDAP has enormous mandate as regards to boosting Pakistan’s exports, it is necessary to …

  Livestock is a vital sub-sector of agriculture in Pakistan as promoting dairy, meat and poultry business in this sector is more beneficial for the economic development of the country. Livestock contributed approximately 55.1 percent to the agriculture value added and 11.6 percent to the national GDP during 2010-12. Gross Value Added of the livestock sector at constant factor cost increased from Rs672 billion (2010-11) to Rs700 billion (2011-12) showing …

  Exhibitions make an important contribution to various business sectors globally. The more global a business sector the more significant the role of trade explains in introducing vendors to buyers and ensuring that industry players sustain contact with industry’s growth. Trade explains tend to be a celebration of success with successful firms exhibiting and visiting. These exhibitions do much great result than introduce one person to another of course. We …

  Gujranwala and Sialkot are the major agricultural and industrial cities of northeastern Punjab and fast emerging cities of Pakistan for the development of economic growth. Gujranwala being having an important industrial base in north eastern Punjab contributing a major part in its export growth through its dry port handlings. The major exports through this port include rice, sugar, textiles, carpets, glass goods, medical equipment, leather products, metal utensils, agricultural …

  In 2003, Punjab Government had established Punjab Industrial Estates Development and Management Company (PIEDMC), on the basis of public-private partnership to achieve orderly planned and rapid industrialization in the province. Over the years, PIEDMC actively participated in the industrial developments and now successfully runs four industrial estates and it is busy in developing another five estates in different parts of the province. One of the landmark achievements is that …

  Unemployment is a major problem of Pakistan because when unemployment is high, resources are squandered and citizens incomes are depressed; during such phases, economics distress spills over to affect common man lives and people’s emotions. The socio economic system of the country and institutions has failed to offer employment to the rising labor force. The country has the 9th largest labor force in the world. The total labor force …

  “Now won’t you give some bread to get the starving fed? We’ve got to relieve Bangladesh. Relieve the people of Bangladesh. We’ve got to relieve Bangladesh.” On August 01, 1971, ex-Beatle George Harrison alongwith legendary Sitar maestro Ravi Shankar organized two Concerts for Bangladesh at the Madison Square Garden in New York City where Harrison sang for the first time his hymn titled Bangladesh. This lamentation galvanized the world …