Tag Archives: consumer

  Rights of the telecom clients, particularly the cellular subscribers in Pakistan, have lately been under focus mainly in relation to unverified SIMs and unlawful use of SIMs by other users without the information of the genuine subscriber. However, it has been believed that a lot of telecom clients are still unaware of their rights and the mechanism to defend consumer rights. Protection of consumers’ interest is one of the …

  Knowledge, attitude and practices of Islamic banking “Knowledge, Attitude and Practices of Islamic Banking in Pakistan” was the theme of a research survey conducted by the State Bank of Pakistan (SBP) which in fact was the driving force behind the eye catching growth of the banking sector. According to the survey there is an overwhelming demand for Islamic banking in the country that is evenly distributed amongst rural and …

  Consumer financing has emerged out as one of most prolific aspects of banking in Pakistan as its products including credit cards, personal loans, auto loans and housing mortgage getting prominence and likely demand. It not only contributes towards facilitating the life patterns of consumers, but proves to be a source of improvement for the image building of the banks. Banking sector dealing in consumer finance products has witnessed an …

  One of the conditions for initiating process of ‘Liberalization, Deregulation and Privatization’ in early nineties was creation Regulatory Authorities in the respective sectors. The objective behind initiating this process was to confine role of the government to be the facilitators and pull it out of managing business. Creation of regulatory authorities was also one of the requirements of the multilateral lenders for the protection of all the stakeholders, particularly. …

  Unfortunately, there is a widespread violation of consumer rights in Pakistan and the area of consumer protection has remained neglected in the country due to improper rules and law. It is pathetic that majority of consumers are unaware of their rights, hence they are vulnerable to exploitation by producers. A consumer has misleading information and because of the ignorance of his rights and non-availability of redress mechanism, he is …

  Government must establish more textile cities Textile sector is the backbone of Pakistan export economy. Comprises of 391 textile mills, Pakistan is the world’s fourth largest producer of cotton and third largest consumer. It contributes 8.5 percent of GDP and employs 38 percent of the workforce in the manufacturing sector. But Pakistan textile industry is mainly beset with the major problems like energy crisis, lack of value addition and …

  There is a global attitude towards business competition after the formation of World Trade Organization but still some countries protect certain local industries in order to safeguard local population and enhance regulatory protection of consumers. Pakistan’s automotive car industry is amongst such industries, protected from outright direct competition in some ways by the policies of the government. This sector has seen growth for quite some time with exponential growth …

  With the positivity instilled with the current government, most segments of the economy are showing positive signs of growth. When talking to businessmen on market potential, most say that the sector which is the best choice for investments is the retail sector. Pakistan has population of 180 million people, and frankly, the only entertainment is food and shopping. The demand of both food and shopping is counter to the …