Toyota is the world’s most valuable car brand. It is a defined brand that is having quality and value. The brand has finished in the top spot among other renowned auto brands in seven of nine years in a latest study conducted recently through Millward Brown Optimor BrandZ Top 100 Most Valuable Car Brands. The annual BrandZ Top 100 Most Valuable Global Brands ranking was created by Millward Brown …

  Agriculture to suffer, farm mechanization stagnant The subsidized tractor imports from Belarus to be made up and assembled in Pakistan as indicated by the government policies is feared to threaten the growth of domestic tractor manufacturing industry. The Belarus state-owned company will initially assemble 500 tractors per year and with the increase in demand it plans to enhance production facility to more than 20,000 units per annum. Tractor industry …

  Access to quality education is the right of every youth of Pakistan irrespective of his financial background. It is the duty of government to protect this right for both the prosperous and poor by ensuring the same standard of education throughout country. Unfortunately, one can observe a candid disparity in education — rich receiving education in high-standard institutions; while poor have no choice and only have to learned through …

  The oil industry with its past history of huge profitability is in the downswing. Earnings are at present in a lower position for companies that have made landmark profits in recent years, pushing them to retire more than half their rigs and abruptly cut investments in exploration and production. About 100,000 oil workers have lost their jobs, and manufacturing of drilling and production equipment has fallen drastically. The oil …

  Oil price in the international market has slumped from around $100 per barrel to below $45 in the past one year. But in Pakistan, the governments generally do not provide the genuine relief to the masses after only reducing fuel prices marginally in the domestic market. A common man will only become the beneficiary of falling oil prices in the global market if the government and the oil and …

  Despite having vast population of young people, the country is not tapping true potential of human resource due to many reasons. Non-availability of adequate credit has been one of the major impediments to the growth of the country’s industrial and agriculture sectors. Pakistan’s financial system currently reaches only a fraction of huge informal sector. Microfinance providers — that segment of the financial services industry focused on the needs of …

  Microfinance involves loans which are given to those who would not qualify for conventional bank loans. The loans extended could be as low as PKR 10,000 to assist basic needs and small business startups. The idea for microfinance is to alleviate poverty to focus on economic development. With the risky profile of the borrower, loans carry high degree of risk. Collateral is ascertained primarily through estimates. The repayment is …

  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 …

  A major contributor to the economy by meeting half of the steel requirement of the country, Gadani ship-breaking industry in Balochistan is the third largest in the world, employing about 10,000 workers and meets one-third of the scrap requirements of the re-rolling mills in Pakistan. The industry is a significant source of supply of steel for Pakistan Steel Mills. It came into a ship-breaking yard in early 70s and …

  Slums continue to increase in Pakistan’s major cities and towns as the property prices keep going up and there is no check hence major townships in the country have been converting into the slums home, to say precisely. It is unaffordable for common man to buy a property for his residence and if one resorts to banks for loan, the mark up on such loans is so high that …