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Tag Archives: Economy

Perilous neighborhood of Pakistan and its economic hopes and hurdles

Perilous neighborhood of Pakistan and its economic hopes and hurdles

He was transferred to a military ambulance that broke down after running a few paces. It took two hours to replace it and by this time the oppressive heat and swarm flies had exhausted Jinnah (Father of the Nation). He passed away in dignity after reaching his official residence. His absence left an agonizing imprint on the future course of Pakistan, something that he, himself feared but could do little to prevent. …

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FFC’s contribution to Pakistan

FFC’s contribution to Pakistan

Fauji Fertilizer Company Limited (FFC) is the leading fertilizer manufacturing & marketing company of the country, with around 4 million tons per annum sales volume and widespread dealers’ network across the country. FFC manufactures & markets its own Sona Urea (Prilled) and associated company FFBL products Sona Urea (Granular) & Sona DAP. In order to promote balanced fertilizer use and contribute in national food security, FFC is also marketing imported …

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Creative economy: the Pakistan’s perspective

Creative economy- the Pakistan’s perspective

An innocent enough question: What do you want to be when you grow up? You can pretty much count on visiting relatives to ask your kids what they want to be when they grow up. The question can be intimidating for little ones, who might say they want to be a doctor or pilot or a teacher, without truly understanding what that job involves. When people asked what you wanted to be …

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Still no container equipment available in the US and Europe

Still no container equipment available in the US and Europe

Most of our Chinese customers are back at work according to emails we received last week. Right when the coronavirus has hit Europe, China slowly seems to finally gain more control of the situation. What happened? For the first time, there is almost no container equipment in Europe and Northern America due to the carriers blank sailings. They want to be ready in China, waiting for the economy to go …

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Manufacturer and Govt’s firm part can help economy well built

Manufacturer and Govt’s firm part can help economy well built

We must follow anti coronavirus steps to make Pakistan Day and Pakistanis save and live longer Interview with Mr Ahmed Chinoy — a renowned businessman PAGE: Your views on the Pakistan Day festivities this year due to the fear of coronavirus? Ahmed Chinoy: Pakistan Day has a very significant importance in the heart of every Pakistani individual but the current scenario of coronavirus, which has taken the world in its control. …

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Coronavirus outbreak affects Pakistan’s economy

Coronavirus outbreak affects Pakistan’s economy

The analysis of economic survey of Pakistan FY2019 showed that the growth momentum of the Pakistani economy, at 5.5 percent in FY2018, became unsustainable because of growing macroeconomic imbalances i.e. high and rising fiscal and current account deficits. In Pakistan’s economy the twin deficits always persisted, however, in FY2018 trade deficit was historically high both in monetary value ($ 32 billion) and as a percent of GDP (10.1 percent), while the fiscal …

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Larger the risk level, higher the growth of insurance industry in Balochistan

Larger the risk level, higher the growth of insurance industry in Balochistan

Banks can play a key role in the growth of insurance industry in the province Larger the risk level, higher the growth of insurance industry. The risk perception — risks to life, assets and public and private properties — has been higher and widely prevalent in Balochistan where the incidents of terror and attacks on public and private properties have witnessed a phenomenal growth over the past many years. The reason is the poor …

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Strengthening the front-end line of defense against cyber threats

Strengthening the front-end line of defense against cyber threats

The cyber security is still a challenging and diverse field and it has been evolving due to constant technology transformation and enhancement as per changing business environments, needs and practices. In the earlier stage of protecting IT systems or digital assets, primary focus was on ‘perimeter security defense’ against outside threats as lots of capital and investment was made on perimeter controls like firewalls, intrusion detection systems, proxy servers, etc. to avoid the cyber …

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COVID-19 spread deepening economic fear

COVID-19 spread deepening economic fear

The governments and central banks world over readied more emergency measures to tackle the economic impact after spreading coronavirus on Friday, helping financial markets pare some of their steep losses, while more major events were canceled or postponed. US president even declared national emergency and set $50 billion fund to tackle the contagious disease. Till date (Friday March 14) about 138,000 people are affected worldwide and over 5,000 died, according to available …

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Digital transformation in Pakistan: challenges and opportunities

Digital transformation in Pakistan challenges and opportunities

The new digital economy has redefined the business landscape. Successful traditional businesses are at a huge risk of not only losing their dominant position but going out of business. Technical advancements, ubiquitous connectivity, proliferation of mobile devices combined with our understanding of how humans interact with machines and software has allowed creation of not just new businesses, but increased process efficiency within all industries. Today, we have the convenience of …

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