The development of small and medium-size enterprises plays a pivotal role in the growth and prosperity of nation. Although, the large-scale corporations mainly industrial concerns contribute sizably to the GDP and other economic variables of prosperity but the significance of SMEs is widely recognized around the world. In any economy, SMEs make a substantial contribution towards GDP, revenue collection in the form of taxes, fostering entrepreneurship income generation, skills …
Read More »Pakistan ready to rock the world cement in a big way
Development under CPEC will transfer goods and commodities worth billions of dollars every year Cement is the chief essential constituent of construction activity. The current demand-supply situation in the cement sector indicates excess cement production capacity in the country. During the past one decade, the cement manufacturing has been buoyant in Pakistan and the industry has shown tremendous growth in recent years. Owing to the increasing local and export …
Read More »One belt one road is a shift in strategy to integrate China with the rest of Asia, Europe and Africa: Shah Faisal Afridi
Pakistan needs to overcome all odds to take the fringe business opportunities attached with the mega project China unveiled to the world its dream to revive the ancient Silk Road by undertaking massive infrastructure projects and adding value to ports around the Silk Road in 2013. The Chinese termed it One Belt One Road (OBOR) which is known as Yídàiyílù in Chinese. The idea of One Belt and One …
Read More »Bank loans to breathe sigh of relief for ailing SMEs
One of the biggest problems facing the Small and Medium-sized Enterprises sector is the lack of financing available to these firms. There is no reason that why is lending restrained to the sector after it contributes 35 percent to national exports and is considered to be the backbone of the economic sector. Despite substantial contribution of SME sector in the country’s GDP, the sector is not getting its due …
Read More »Women entrepreneurship necessary for growth and development of economy
Entrepreneurship is a key to economic development of a country. Women entrepreneurs tend to be highly motivated and self directed, they also exhibit a high internal locus of control and attainment. It is a state of mind, which develops naturally, based on her surrounding and experiences, which makes her think about life and career in a given way. The growth of the proportion of women entrepreneurs in developing states …
Read More »Women entrepreneurs in Pakistan — Opportunities & barriers
Profile Umber Tanya Ansari has been gaining experience in the asset management industry since 2008, and holds a Degree in Psychology from the University of Cincinnati, Ohio, USA. She began her career in advertising at Interflow Communications Limited, handling categories of notable brands such as Pepsi, UBL, PSO, and BMA. Thereafter, she was recruited to work with Crosby Asset Management, where she headed a number of functions, including Marketing, …
Read More »Violent behavior, lack of jobs hindering gender equality
Pakistan is keen to achieve all the objectives outlined under the UN in SDGs In nearly 100 countries of the world, women face gender-based job restrictions. There are no laws for women guaranteeing equal remuneration for work of equal value and no laws mandating non-discrimination based on gender in hiring, this was recently published in the World Bank notes Women, Business and the Law 2016. It was also observed …
Read More »Impact of home remittances on developing economies
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. …
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