Tag Archives: Economy

  The continuously declining oil prices internationally mostly helping Pakistan in reducing its oil import bill that recently witnessed a decline of 7.83 percent during first half of July-December of the current financial year over the corresponding period last year. Pakistan’s oil import bill has recorded at $6.95 billion during July-December of fiscal year 2015-16 as compared to $7.54 billion of the same period of previous year fiscal year showing …

  Pakistan uses more than dollar 15 billion for very nearly 35 percent of its imports on oil. Trade deficit have the negative effect on the economy. The Economic Monitoring Committee and State Bank of Pakistan have completely failed to decrease import volume of the country. In 2014, total commodity imports were $41.69 billion against exports of $25.15 billion, meaning a trade deficit in commodities of $16.64 billion compared with …

  While Pakistan is one of the most strategically significant countries in the region, recently inaugurated Gwadar port by Prime Minister Nawaz Sharif is set to open numerous opportunities for trade and industry and other sectors of national economy. The geo-strategic position of Pakistan is going to play a vital role in the future regional economic outlook. For China, the strategic location of Pakistan is vital in formulating its future …

  Karachi Port one of the most expensive ports in South Asia Interview with Captain Anwar Shah   Profile Captain Anwar Shah is a reputed professional in the management and operation of port terminals, maritime transport and logistics industry with a vast experience of over 50 years that includes marketing, chartering, marine insurance hull and P&I Club, Cargo Claim Survey, Shipping and Trading documentation, Salvage of Ship and Damaged Cargoes, …

  In the global context, efficient logistics industry is a backbone of any economy and plays a strategic role in the overall economy of a country. Logistic industry eliminates wastages and makes the entire supply chain process efficient for the availability of the right product at the right time at economical cost. Key players in the sector such as the port and airport operators, the cargo handling company, freight forwarders, …

  Investor outlook remains positive as Pakistan is now in the same rank of rising economies like India, Malaysia and Indonesia Interview with Mr. Asif Baig Mirza – CEO, ABM Securities (Pvt) Ltd ABM Securities (Pvt) Limited is one of the leading Brokerage House of Pakistan Stock Exchange Limited. Licensed by the Securities and Exchange Commission of Pakistan (SECP) and managed by the team of Mr. Asif Baig Mirza, Chief …

  Auto financing set to grow up after the positive outlook of economy The main advantage of low interest rates is their growth effect on economic activity. By reducing interest rates, the Central Bank helped increase business spending on capital goods. The reduction also helps economy’s long-term performance and increase household expenditures on homes/consumer durables. Low interest rates raise asset prices. People use excess balances to increase their purchases of …

  Abstract: Quality cost has greater impact on the productivity and profit margin of the organizations. In Pakistan economy, manufacturing sector has less revenue due to no or minimal implementation of lean manufacturing and six sigma methodology. White goods sector is gaining its market popularity due to increasing demand and business opportunity. Nowadays, organizations are facing both external and internal quality cost. External cost means warranty claims and customer dissatisfaction. …