Tag Archives: Asia

  For the fiscal year 2014, the United Nations Economic and Social Commission for Asia and the Pacific have projected the country’s GDP to pick up to 4.1 percent. A report launched by UNESCAP stated that in the recent months, positive changes had been experienced in the economy of the country which included an improvement in the growth of large scale manufacturing industries; appreciation of the local currency; increase in …

  Future shipping chain will be uncompleted sans Gwadar With the development of Gwadar Port as a fast track project, it has started catching eyes of the international seafarers due to its strategic location offering transitional shipping facilities in the region including entire landlocked for Central Asian States as well as responding to huge transitional movement between Pakistan and China, which is bound to generate huge economic activities for Pakistan. …

  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 …

  An exclusive year-end review by Arif Habib Limited PSX leapt to record levels over 46,000; returning a commendable 41.3% in CY16TD (USD-based return of 41.2%). The index displayed a stunning run with several market tailwinds coming into play; i) Jun’16 MSCI reclassification announcement buoyed market sentiment even though Pakistan will officially graduate to the Emerging Markets category in June’17, ii) ongoing divestment of PSX expected to add liquidity to …

  Islamic banking has been growing fast to capture 20pc share in the overall banking industry by 2020: Experts Asia is expected to be the key driver in advancing the growth of the Islamic finance industry. Pakistan is among potential leaders of Islamic finance with huge Muslim population of over 180 million. Although, Islamic banking in Pakistan is growing but there is still a lack of Islamic banking professional. There …

  The South Asian nation, mostly in the news for terrorism and political violence, has beaten major Asian economies this year in stock market performance and for which Pakistan stock market recorded a feat. Pakistan is the best performing market in Asia this year with the KSE-100 Index soaring 23.5 percent followed by Vietnam and Indonesia with returns of 18 percent and 16.8 percent, respectively, while India’s Sensex Index has …