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Tag Archives: business

The boom of retail markets in Pakistan

  Pakistan’s retail sector is growing with great momentum. The retail industries have become a major hub for growing businesses. Though retailers have existed in Pakistan for a long time, the induction of global brands and outlets have forced local retailers to expand their boundaries to compete with their larger international competitors. The entrance of supermarkets and malls during the last eight years created a new community of enthusiastic shoppers …

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Not easy to stay in airline business

  It’s getting tougher to stay in one of the most competitive businesses — air passengers trafficking. It’s a combination of high management skills, acquisition and maintenance of state-of-the-art fleet, expert financial management, and above all, a delicate marketing approach aimed at passenger comfort. A recent AFP Tokyo news article appearing in Gulf Times reports ANA’s joining others in a bid to rescue bankrupt Skymark. The news article opens with …

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Flourishing retail business motivating world retailers to explore and expand in Pakistan

  Retail stores are known to have been operative in China several centuries BC (before Christ). Till the breakup of the USSR (now Russia), most retail stores in all the communist countries were nationalized and still in most countries they remain so. However in some Central Asian states the trend is step by step changing and owned up retail stores are being encouraged and they are mustering up. Nowadays departmental …

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Range of economic growth under small business development

  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 …

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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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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, …

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Growing success of retail business in Pakistan

  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 …

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China becomes major business partner of Pakistan

  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 …

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Pakistan’s internet-based businesses likely to grow very quickly, outpace other Asian nations

  ‘Emerging markets, like Pakistan, were my inspiration– not only their viability for business, but their people as well’ Interview with Mr. Paul Philipp Hermann — Co-founder, Managing Director of Lamudi Lamudi has expanded its operations in Asia to Pakistan, the Philippines, Indonesia and Sri Lanka before launching its operations in several parts of Asia, Africa and Latin America in October 2013. The company’s Asian operations were subsequently subject to …

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Gwadar port set to emerge as largest business center of the world

  Port has wider scope and brighter prospects as a trade and commerce hub to serve 20 countries in Asia After the formal declaring of Gwadar Port a free trade zone and handing over to China last year, all business affairs of the Gwadar Port in Balochistan now are being carried out by Chinese authorities. Last year, the Pakistan government has formally handed over the 2,281 acres free trade zone …

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