Infrastructure development and logistics is one of the vital ways through which any country can attract foreign investment and help achieve sustainable development for the growth of an economy. Considering the case of Pakistan, the focus on infrastructure while given importance isn’t always the most important aspect to consider since there are other issues the country has to deal with. There are the political sit-ins in the country, which …
Read More »Logistics and infrastructure capacity – the backbone of economic development
An efficient and cost-effective logistics and infrastructure system not only generates economies of scale, but also creates a favorable global image of an economy. And a favorable image means more global linkages, more international business and more foreign direct investment. On domestic side too, sound logistics and infrastructure mean enhanced mobility of goods and services, which is so important for the marketing system to operate efficiently. Logistics and infrastructure …
Read More »Dazzling colors of a booming economy
Qatar the Asian land of opportunities December 18 marks Qatar’s National Day. On this date, every year, the waterfront promenade Corniche witnesses in sheer joy the display of several volleys of hot colors emblazoning the sky. The dazzling night-time firework unleashes all prideful colors of Qatar’s veritable history and booming economy. A nation of 2.3 million people occupying 11,570 square kilometer of land, Qatar is one of the world’s …
Read More »Consumer financing: A function of interest rate
Advanced economies thrive on a well-managed system of consumer financing, which affords the pleasure of luxurious facilities without owning them. In capitalistic system, this is a win-win situation for both the users and the suppliers of goods and services. The economy benefits as demand is created for goods and services; consumer markets seem bursting at the seam as buyers, backed by the strength of consumer credit, throng to bid …
Read More »Hansuke set to enter Pakistan to assist financial institutions to meet international standards
Ali Kazimi, MD of Hansuke, believes that Pakistan’s economy and international developments present great opportunities for the local financial services sector Hansuke Consulting Limited (‘Hansuke’ or ‘the firm’) is a UK-based international consulting firm that serves leading businesses, governments, non-governmental organizations, and not-for-profits. Hansuke is authorized and regulated by the Institute of Chartered Accountants in England and Wales. With over 100 years of cumulative knowledge and experience in the …
Read More »Pakistan rated among top emerging economies: World bank
Need for increased investment in social sectors like health, education and nutrition stressed The World Bank report on ‘Pakistan Development Update – Making growth matter’ was launched in Karachi, recently. It stated that Pakistan is rated among top emerging economies and its economy grew by 4.7 percent in this fiscal year. This was the highest rate in eight years and a significant increase from the previous year’s 4 percent. …
Read More »Peaceful Karachi vital for the growth of economy
An operation clean up is currently underway against extortionists, political and religious militants, target killers and all other criminal elements in Karachi, the chief financial hub of Pakistan. The law enforcement agencies under the services of Rangers and police conducting over the operations, which was launched last year by the Prime Minister Nawaz-led government after the decision taken by the federal government with the consensus of all the political …
Read More »Brexit impact on Pakistan’s economy
Though most of the analysts round the world are debating the impact, repercussions and fallout after the Britain’s decision to leave the European Union (EU) would have on global economy, yet they agree to the point that the development will heighten market uncertainty globally. Is the United Kingdom’s exit from the EU is going to have a negative impact on Pakistan’s economy? The officials believe that Pakistan has excellent …
Read More »Taxation trouble for an upswing telecom sector
Industry needs more innovative ideas and better customer services Telecom sector is playing a pivotal role in the growth of country’s economy in provisions of providing employment and attracting investment. The sector is making valid contribution to national exchequer despite facing deep taxes. As per estimates, total telecom investments in Pakistan will likely to reach $2.4 billion by 2020, while its revenue would cross Rs620 billion mark by the …
Read More »Agriculture a vital factor of economy needs more value-added exploring
No doubt, agriculture sector is a vital component of Pakistan’s economy as it offers the raw materials to down the line industries and assists inpoverty alleviation. This sector contributed 19.8 percent in GDP and it remains by far the largest employer absorbing 42.3 percent of Pakistan’s total labor force. The agriculture sector growth is contingent on favorable climate conditions. There is a strong relationship between agriculture and climate/temperature, precipitation, …
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