The future of Pakistan Steel Mills (PSM) remain undecided as the situation seems not willing to revamp industry, which was build and become much stronger for economic development of a country. PSM is one of several firms Pakistan put up for sale to revive loss-making entities that cost the government $5 billion a year. There are no successful plans observed to set this national institution on the revival path. …

  Karachi is now among the top ten ranking of largest cities globally. During 2005, the population of Karachi was at 15.1 million which is predicted to reach 27.5 million by 2020. The number of households in 2005 was about 2.1 million and by 2020 it will rise to 3.9 million, which means a rise of 1.77 million households, at an average size of 7 persons per household. Even at …

  Ali Kazimi, MD of Hansuke, believes that Pakistan’s economy and international developments present great opportunities for the local financial services sector Hansuke Consulting Limited (‘Hansuke’ or ‘the firm’) is a UK-based international consulting firm that serves leading businesses, governments, non-governmental organizations, and not-for-profits. Hansuke is authorized and regulated by the Institute of Chartered Accountants in England and Wales. With over 100 years of cumulative knowledge and experience in the …

  Forecast – Slumping remittances will rebound from the Gulf to the developing world when oil markets stabilize and Gulf diversification plans pan out. – As part of their nationalization initiatives, Gulf States will edge out some highly skilled expatriates in favor of citizens. – Since the burden of taxation will fall on expatriates, Gulf States will have to rely on public relations to maintain migrant flows. Analysis The recent …

  Handicraft sector of Pakistan has the prospective to bring in huge foreign exchange provided it is promoted through logistic support by the government. Through fairs and exhibitions, handicraft can play pivotal role in economic turnaround of the country. It can help attract foreign buyers and bring in much needed foreign exchange to the country. Germany and China economies are prospering today because of their own trade fairs and exhibitions …

  Abdul Sattar Edhi was born in 1928 in a small village of Bantva near Joona Garh, Gujrat (India). The seeds of compassion for the suffering humanity were sown in his soul by his mother’s infirmity. When Edhi was at the tender age of eleven, his mother became paralysed and later got mentally ill. Young Abdul Sattar devoted himself for looking after all her needs; cleaning, bathing, changing clothes and …

  Muhammad Ali Jinnah envisioned Pakistan as a democracy in which rights and freedoms of various communities are safeguarded and the Federation, sub national governments function in harmony within the parameters of the Constitution. He underscored the importance of identifying ourselves as Pakistanis first and not Baluchis, Pathans, Sindhis, Bengalis, Punjabis and so on. Most countries in South Asia and particularly India and Pakistan adopted the parliamentary system as founding …

  Need stressed for reviving the spirit of Pakistan Movement Pakistan came into being on the August 14, 1947, after a long struggle under the leadership of Father of the Nation Quaid-e-Azam Mohammad Ali Jinnah. With Quaid’s deep vision, indomitable will, intelligence, dedication and courage, whom we Pakistanis call Quaid-e-Azam (the great leader), united the Muslims of the Indian Sub-continent under the banner of Muslim League. The golden principles Quaid-e-Azam …

  Mr. Abdul Sattar Edhi is the world’s great humanitarian, who led a life dedicated to serving others, and his determination to provide equal treatment for all regardless of nationality, ethnicity and religion makes him a revered humanitarian. Edhi’s name had become synonymous with charitable causes and because of his services he had achieved an almost saintly status in Pakistan. He devoted more than 60 years of his life to …

  The Fibonacci retracement is considered a predictive technical indicator that can help investors gauge future levels of a currency pair after a sharp increase or decrease in price. More specifically, plotting the lines of the Fibonacci retracement on a chart can help traders find points of support and resistance on which to place stop-loss and take-profit orders. The Fibonacci retracement is popular among forex traders, and when used in …