The Punjab Board of Investments is actively involved in finding opportunities for business. Punjab being an agricultural land, needless to say there are numerous investment opportunities in farming. The government has identified potential sectors, which need investments and on the government target list. Many initiatives have been taken to resolve the energy and power crisis including development on Thar coal. The government has set positive examples by keeping law …
Read More »Business dynamics of the crude oil market
Crude oil determines inflation and also determines the GDP of an oil exporting nation. In more advance economics as discussed earlier, oil is used for investments i.e. trading of commodity futures. Irrespective of the current market price, futures are locked at a higher price being traded on the New York Mercantile Exchange (or NYMEX), as well as the International Petroleum Exchange. Speculation that who trade large volumes can easily …
Read More »Bright prospectus for foreign investment in 2014
The government is taking measures to woo foreign investors as the country possesses huge investment potential in various sectors particularly energy sector. Being the world’s 6th largest populated country with major untapped market it is a delight for foreign investors along a growing middle class, talent pool, natural resource endowments, tourism landscape, maritime wealth, geographic location advantage, English language skills, legal system, social capital and soft power values of …
Read More »The state of investments in Pakistan
In the first 4 months of the current fiscal year, 2013-2014, the country has witnessed an improvement in its inflow of foreign direct investments. Investments brought into the country are worth $283.7 million spread out over a number of sectors and is 12.5 percent higher in comparison to the $252.1 million, which had been recorded in the corresponding period of the previous year. Data released by the State Bank …
Read More »Analyzing investment avenues
At a time when inflation is at its highest and cost of living is squeezing the pocket month-on-month, savings need to be placed to ensure that additional income can offset high cost of living. Investments by individuals depend on the knowledge of investment avenues. The simplest investment is keeping money in a savings account where more complex invest structures include mutual funds, equity and money market investments. The stock …
Read More »Future growth in gold
Investors left with no option but to swap major currency for lucrative asset class like gold It is predicted that future growth will be evidenced in gold. The global economy in future may not based on the gold standard, but the recognized value of gold as the basis for real value — whether acknowledged by central banks or not — will never change. Historically, many civilizations have recognized the …
Read More »Gwadar Port to usher in new era of progress, prosperity in Balochistan
Gwadar free port project promises massive investment, greater generation of employment opportunities and more development projects in different sectors of Balochistan. An addition of a new deep-sea port at Pakistan’s coastline marks a new chapter of development efforts in the country. It would serve as a springboard for initiating wide-ranging development activities in Balochistan. The port is bound to usher in the province a new era of progress and …
Read More »China’s $46bn investment: a perfect sentiment of friendship with Pakistan
The Chinese president’s Pakistan visit is water shed in bilateral relations, calculated to trigger collaboration at a level substantially more meaningful than Pak-US partnership spanning over a decade. President Xi Jinping of China during his two-day visit to Pakistan pledged $46 billion worth of energy and infrastructure projects. This amount is three times the entire foreign direct investment the country has received since the last seven years’ time. Though …
Read More »Pakistan — A highly competitive telecom market
Smartphones trade reached peak and set to grow further Pakistan with a market of about 200 million people continues to allure foreign firms to invest in the country’s telecom market, which has the footmarks of strategic investors such as Orascom, Etisalat, Telenor, Abu Dhabi Group’s Warid Telecom and Canada’s Nortel Networks and China’s telecom giants — ZTE Corporation and China Mobile. Pakistan has the highest mobile penetration rate in …
Read More »Has IMF’s loan a soothsayer for ailing economy of Pakistan?
Following its ninth review of the program, the International Monetary Fund (IMF) asked Pakistan to focus on accelerating steps to widen the tax net and raise funds for more infrastructure investment and social assistance after the country failed to reach its fiscal deficit and tax revenue targets under an IMF Extended Fund Facility (EFF). However, the IMF welcomed the government’s plans to take action to attain the budget deficit …
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