Though having the highest mobile penetration rate in South Asia, Pakistan still has huge potential in digital economy growth. Telenor Group recently released a new connectivity report based on five Asian countries where Telenor Group operates, including Pakistan, Myanmar, Thailand, Malaysia and Bangladesh. The report titled “The Mobile Effect: How Connectivity Enables Growth”, focuses on the impact of the telecom sector on the economies in the countries. The Telenor has …
Read More »Import of mobile phones grow by 79.46pc in 7m fy2020
World it is said, has become a worldwide village and this is because of prompt, easy and accessible communication. Everywhere telecom segment has altered the shape of communication and this is a hot issue presently in Pakistan. According to the statistics published through Pakistan Bureau of Statistics (PBS), Pakistan imported mobile phones worth $760.582 million during July-January (2019-20) as against to $423.818 million during July-January (2018-19), explaining a growth of …
Read More »Microfinance: A game changer
Microfinance in Pakistan has had a significant shift from the days when microfinance was being discussed as the next big innovation to address the poverty issues in Pakistan to being discussed in terms of the next big investment opportunity. The perception of microfinance in Pakistan has undergone a fundamental change in more than a decade of its evolution. The microfinance sector in Pakistan has developed a successful and sustainable …
Read More »Chinese investment in Pakistan: a win-win situation both for China and Pakistan
The massive Chinese investment to the tune of $42 billion is the first instance when a single country like China has practically shown its commitment to Pakistan economy, however, it would equally benefit to China on the back of strategic location of Pakistan in generation like Gwadar Port in particular, which will provide a short cut to transitional goods to and from China as no other country could offer …
Read More »Fascinating foreign investment opportunities in Balochistan
Presenting a greater investment opportunity to the foreign investors due to its gifted and natural wherewithal, the province Balochistan, is having all the potential sectors to open the road of economic prosperity for Pakistan. One of the ardent areas for investment in the province is Gwadar Port city which include fish processing, crabs processing, cold storage, ice factories, sea-water reverse osmosis desalination plants, shrimp farming, boat building and naval …
Read More »Making banks “financial super markets’
After the un-ceremonial demise of DFIs and Investment banks, commercial banks have been undertaking many activities, which are not part of their prime mandate. They also undertake medium and long term financing that is not the role of commercial banks. However, to make it look more prudent some of the commercial banks have established fully-owned subsidiaries to undertake ‘other business’ that include insurance, asset management, leasing and Modarabas. This …
Read More »Need for an enabling regulations for modarabas
There is a growing consensus among the investors that Modaraba sector is ‘over regulated’. This has not only impeded its growth but also deprived the investors from earning Riba-free return on their investment. On top of that the recent financial scam in Khyber Pakhtunkhwa (KPK), where some ruthless people ripped off investors and the act was termed as ‘Modaraba Scam’ by those who cheated people in the name of …
Read More »Balochistan’s development potential, investment opportunities
The underdeveloped province, Balochistan, has tremendous prospective for the growth of the economy as it’s economy is largely based on natural resources like production of Sui gas (a biggest gas field in Pakistan), coal and other marketable minerals, while fisheries, mining, manufacturing industries, trade through public and private organizations are the other possessions of this province making it rich in offering investment and can become a healthy marketplace provided …
Read More »Privatization and its impact on investors
In June of this year, the foreign direct investment fell drastically over the past 6 years with economists seeing a weak forecast for future investments in Pakistan due to the increased security issues the country is being facing. The investments coming into the country come in the form of Greenfield investment. According to economists, due to the recent security concerns, foreign investors feel hesitant to either freeze or continue …
Read More »Investment opportunities, challenges and threats
Size of Pakistan’s GDP and its growth rate is dismal when compared with the potential. While it is true that smaller size of GDP is due to lack of documentation, the most disappointing fact is that the successive elected governments have opted for policies that could help them in attain ‘political mileage’ rather than introducing policies that could ensure sustained development. These governments have been following policies dictated by …
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