Balochistan to experience new era of development and prosperity While work is underway on the China-Pakistan Economic Corridor (CPEC), domestic as well as foreign investors are showing much interest as this venture is set to be a catalyst for Pakistan to grow its economy at same pace achieved by the leading regional peers. Soon after the launch of this project, major business groups have invested for expanding their production …

  Interview with Mr Abrar Hasan – CEO, National Foods Limited Profile Mr Abrar Hasan has been with National Foods since 1993 where having worked in different areas of the organization, he was appointed as Chief Executive by the Board of Directors in the year 2000. Prior to joining NFL, he was Plant Director at Precision Rubber Products Limited, where his responsibility was to overview all the manufacturing operations. Moreover, …

  There have been certain important organizations that have taken the lead and they must be lauded for their efforts to a certain extent in reducing poverty in an attempt of doing Corporate Social Responsibilities (CSR) in Pakistan, but many firms in a country still lacking CSR practices. The international market is adopting newer and innovative ways for the wellbeing of the poverty stricken people. It is obligatory that the …

  With the induction of global brands and outlets, Pakistan’s retail sector is presently witnessing a booming and impressive growth. The local retailers are expanding their boundaries to compete with their larger foreign competitors. With an estimated size of the retail market at around $50 billion, the country’s retail sector is growing faster than its economy. But still there is long way to go and some key initiatives by the …

  Cement, steel, other industries set to grow The China-Pakistan Economic Corridor (CPEC) has become a major attraction for domestic as well as foreign investors who see this project as catalyst for Pakistan to grow its economy at a pace achieved by leading regional peers. Soon after the launch of the project, some major business groups have already invested in expanding their production capacity of such materials as cement, steel, …

  PBC discusses business projects with 100 Chinese investors Choosing Pakistan under the flagship of China-Pakistan Economic Corridor (CPEC) as investment destination by China has altogether brought a paradigm shift about the perception of Pakistan as the world economic players have included Pakistan on their business map, said Arif Habib, a leading industrialists and a senior member of Pakistan Business Council on the sidelines of a strategic business session with …

  Expansion in the volume of global merchandise trade would pick up only slightly in the coming two years as presently it grows from 2.8 percent in 2014 to 3.3 percent in 2015 and eventually it will grow to 4.0 percent in 2016. Trade growth would therefore remain well below the yearly average of 5.1 percent recorded since 1990. The modest gains during 2014, marked third consecutive year in which …

  Pakistan’s total export volume is estimated at around $25 billion per annum, which is mainly consists of cotton and textile products while the global economic slow down has also an impact on the exports which are being witnessed on a decline. However, apart from external factors some of the major issues including energy shortages, such as gas and frequent loadshedding and of course the high tariff rates are some …

  Presently, India-Pakistan official bilateral trade accounts for only one percent of their respective global trade because of restrictions on the types of goods that can be traded revenue and will be the future takings of economic progress of both the countries. This restriction on traded goods has forced both countries to rely on trade with far off countries for important raw materials, which is leading to high transportation costs. …

  Punjab soon to be transformed into a prosperous province Spending spree on Lahore infrastructure during the last few years has placed the city at par with growth-triggering cities of the world. Fast building of transport, industries and state-of-art business centers are the further evidence of city’s modernization. The City of Lahore is emerging fast both as a trading hub because of the huge potential the Wagah border offers and …