Strained ties between India and Pakistan have been a major obstacle to make SAARC an effective platform Pakistan making all-out efforts to increase exports to India Pakistan believes in transforming ties with India under the tense developing relations between both the neighboring countries and as Pakistan is making steady progress towards economic front, taking it a priority of foreign policy, to have good economic relations among South Asian peers. …
Read More »Brexit impact on Pakistan’s economy
Though most of the analysts round the world are debating the impact, repercussions and fallout after the Britain’s decision to leave the European Union (EU) would have on global economy, yet they agree to the point that the development will heighten market uncertainty globally. Is the United Kingdom’s exit from the EU is going to have a negative impact on Pakistan’s economy? The officials believe that Pakistan has excellent …
Read More »Influx of Iranian cement likely to challenge the survival of local industry
APCMA seeks abolition of Gas Infrastructure Development Cess Interview with Mr. Muhammad Ali Tabba – Chairman, APCMA All Pakistan Cement Manufacturers Association (APCMA) is the apex body of the cement manufacturers of Pakistan. It is registered body under section 3 of the Trade Organization Ordinance 2007 wide license No. 14, dated April 26, 2008 issued by Ministry of Commence. It was incorporated on 14th of September 1992 under section …
Read More »Steel, cement sectors set to reap profits under CPEC projects
Cement and steel remained the dominant industries in developing the sustainable society and a country. Although the related companies to these industries are highly competitive to generate employment, export earnings, tax revenues and innovations but are much concern to health and vitality of human life and nature. Both cement and steel sectors of Pakistan are likely to get a boost from the tremendous construction activity generated through multi-billion dollar …
Read More »Franchising of international brands likely to flood Pakistan
Interview with Mohammad Raza Pirbhai – Chief Executive Officer, KFC Pakistan Profile Mohammad Raza Pirbhai is one of the most prominent business leaders of our country and has come a long way since the inception of his career. Raza Pirbhai, having a solid track record of 19 years of involvement in the field of Operations and Human Resource Management, has led him to successfully become the Chief Executive Officer …
Read More »Shopping mall business thriving in Pakistan
The increasing numbers of shopping malls thriving all over large cities in Pakistan are creating opportunities not only for large retailers, but also the smaller ones previously involved in doing business in traditional, less profitable ways. Shoppers who previously visited often open markets now go to malls for a one-stop shopping experience. Karachi and Lahore, have a large number of malls that cater to all clothing needs under one …
Read More »Tax policy — A primary tool for industrialization and economic growth
All income irrespective of source should be taxed Pakistan Business Council (PBC) views tax policy as a primary tool for the promotion of industrialization, economic growth and for more equitable distribution of the tax burden. PBC strongly advocates that taxation needs to be based on the principle of “All income irrespective of source should be taxed.” The fiscal space that the government is looking for to implement its ambitious …
Read More »Pakistan online business on the rise; domestic tourism need more support
Jovago provide post payment option with 24/7 customer support Interview with Nadine Malik Almani — Country Manager, Jovago Pakistan Nadine Malik Almani is the Country Manager of Jovago Pakistan, which is an international venture of Rocket Internet specializing in hotel and vacation rentals globally. Nadine Malik who is a graduate from Bryn Mawr College, USA, started her career as a banker with Citibank Pakistan. After four years at Citi, …
Read More »Uplifting the deprived masses: Islamic system is a true practice
Growing inequalities necessitate departure of economic activities from concept of fast growth of GDP to creating happiness for all. Renowned economists ranging from Adam Smith to J. M. Keynes of 19th and 20th centuries and those living in 21st century have no doubt emphasis on economic welfare of the masses, but theories propounded by them are based on assumption like free market economy, free trade aiming for creating trade …
Read More »Building of Gwadar airport – An added attempt to convert Pakistan’s strategic assets into economic opportunities
Pakistan’s port city of Gwadar having special significance, with reference to its geography and potential for development of trade links with Central Asian Republics (CARs), Persian Gulf, East Africa, United Arab Emirates and North Western India and by virtue of its important location and development projects is poised to turn into cities like Singapore, Hong Kong, Colombo and Dubai. This seaport project has entered the second phase of development …
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