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Prolific Pak-China relationship

  With the recent visit of US President Barrack Obama in New Delhi on the Republic Day parade in India and with the nation wanting to align its policies similar to Washington has created unease for not only Pakistan but for China as well. However news of the Chinese President, Xi Jinping to be the chief guest at the March parade in Pakistan this year has been received quite warmly. …

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Growth challenges for banking sector in Balochistan

  The deficiency of resources is the root cause of underdevelopment in Balochistan. Lack of capital, low investment and low productivity has led to the low income of the province, and hence it is caught up in the vicious circle of poverty. The province’s human and material resources remained unutilized or underutilized. The people are technologically backward. Illiteracy is higher and hence the people lack the initiative and entrepreneurial ability. …

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Not easy to stay in airline business

  It’s getting tougher to stay in one of the most competitive businesses — air passengers trafficking. It’s a combination of high management skills, acquisition and maintenance of state-of-the-art fleet, expert financial management, and above all, a delicate marketing approach aimed at passenger comfort. A recent AFP Tokyo news article appearing in Gulf Times reports ANA’s joining others in a bid to rescue bankrupt Skymark. The news article opens with …

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China set to provide more favorable concessions under FTA

  Pakistan’s major imports from China are machinery, chemicals, garments and other textile products, construction material, tiles, sanitary wares and crockery. Pakistan enjoys huge export potential to China due to its advantages in agriculture, minerals, chemical, textile and leather products. Besides Pakistan has comparative advantage of oil seeds, fruits, base metals, plastic goods and perfumery etc. A large number of Chinese companies are working in Pakistan in oil and gas, …

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Thriving fertilizer sector

  Having gained 15.7%CY15TD as compared to 18.9% return in CY14, the Fertilizer sector has clearly attracted investor attention in 2015. This is partly a function of an encouraging start to the year with cumulative fertilizer offtake of the country improving by 6%YoY to 765,800 tons during January 2015 as opposed to 724,200 tons during January 2014. In this regard, total urea offtake in January 2015 stood at 628,800 tons …

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Pak-China cooperation in infrastructure projects

  In November 2014, Pakistan and China signed 19 agreements and Memorandum of Understandings (MoUs) to further boost the bilateral ties between the two countries in various fields, including energy and basic infrastructure sectors. Earlier a meeting between Prime Minister Nawaz Sharif and his Chinese counterpart was held in Beijing where both the leaders discussed bilateral relations and the regional situation. The agreements signed between the two countries include solar …

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Socioeconomic status affects student’s academic performance

  Education is a basic right for every human being and the social progress is now measured with the help of educational standards of any nation. It is surely a key to the political, social and economic development. Education is most essential element of life. Now education is considered as a first step for every human activity. It plays an important role in the development of human capital and is …

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Impact of low markup rate on Pakistan’s economy

  Since the last monetary decision was made in November of 2014, key macroeconomic indicators have shown improvement. CPI inflation and its expectations have continued to follow a downward trajectory and in the months of November and December 2014, the trade deficit has also declined, however, it did increase in the first half of the fiscal year 2015 in comparison to the same period of FY 2014. Additionally, inflows of …

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LNG terminal — newest venture and impressive addition to Engro Group

  Apart from Engro Corporation’s stellar growth that showcases a strong performance in key businesses, the Engro Group has added yet another feather to its cap — the Engro LNG Terminal at Port Qasim has set an example for other big business houses within the country to come forward with active plans to invest in energy sector aiming at overcoming the most crucial issue of energy shortages in Pakistan. Aliuddin …

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Consumer financing gaining strength

  A kind of service, providing persons with the needed finance to make personal purchases varying from buying a car to a house is identified as consumer financing. It is arranged into different types of products. Personal loans are provided for the payment of goods, services and expenses and comprise running finance and revolving credit to individuals. The idea of consumer financing is to provide consumers with financing support to …

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