Interview with Mr Shakil Aftab Kashmirwala — Malindo Air’s Country Manager Malindo Air a joint venture of Malaysia and Lion AIR, Indonesia has started its operation in Pakistan. Malaysian Deputy Minister of Transportation Datuk ab Aziz Kaprawi was among the first passengers of a flight from Kuala Lumpur to Lahore along with Malindo Airline Chief Executive Officer, recently. Malaysia is honored to continue the spirit and tradition of the …
Read More »Pakistan played an eye catching smart role amidst the muslim world in defusing situation between Iran-Saudi Arabia
Pakistan and Iran being close neighbors can supplement each other in achieving economic goals Over $10bn trade potential exists between the two nations Interview with Mehdi Sobhani, Consul General of Islamic Republic of Iran Discussing the economic relations between Iran and Pakistan, Mehdi Sobhani said in an interview that sanctions caused a decline of two way trade between Iran and Pakistan from $1 billion to $200 million, but after …
Read More »Tense Pakistan-India relations hampering South Asian economic integration
Strained ties between India and Pakistan have been a major obstacle to make SAARC an effective platform Pakistan making all-out efforts to increase exports to India Pakistan believes in transforming ties with India under the tense developing relations between both the neighboring countries and as Pakistan is making steady progress towards economic front, taking it a priority of foreign policy, to have good economic relations among South Asian peers. …
Read More »Shopping mall business thriving in Pakistan
The increasing numbers of shopping malls thriving all over large cities in Pakistan are creating opportunities not only for large retailers, but also the smaller ones previously involved in doing business in traditional, less profitable ways. Shoppers who previously visited often open markets now go to malls for a one-stop shopping experience. Karachi and Lahore, have a large number of malls that cater to all clothing needs under one …
Read More »India-Pakistan trade: growth potential, barriers and issues
Presently, India-Pakistan official bilateral trade accounts for only one percent of their respective global trade because of restrictions on the types of goods that can be traded revenue and will be the future takings of economic progress of both the countries. This restriction on traded goods has forced both countries to rely on trade with far off countries for important raw materials, which is leading to high transportation costs. …
Read More »E-commerce trade catching on, has bright future in Pakistan
The e-commerce industry has a bright future with high growth prospects in Pakistan. The industry is set to flourish at a faster pace if the government takes serious measures to remove barriers hindering its growth and expansion. Presently, customer satisfaction is gradually gaining trust amongst customers. Pakistan needs to place ICT (information and communications technology) on its priority list to keep pace with the advancement in technology and minimize digital …
Read More »Focus on second and third tier cities will be a more feat for foreign food chains; added govt help still needed
Interview with Mr. Naim Anwar — President & CEO, Crescent Star Foods Ltd Profile: Mr. Naim Anwar is the President and CEO of Crescent Star Foods Limited, which owns Master Franchise of Texas-based American fast food chain Golden Chick and also Sindh and Balochistan rights of UAE-based chain Bombay Chowpatty. Golden Chick has a large variety of products with Fried, Roasted and Grilled Chicken and it’s Golden Tenders enjoy …
Read More »Fast Food Industry: The second most successful trade in Pakistan
Fast food industry in Pakistan is the second largest market in Pakistan as it accounts for 27 percent of its value‐added production and 16 percent of the total employment in manufacturing sector. Pakistan holds the world’s eighth largest market when it comes to fast food and food related business. Pakistan’s fast food sector is changing significantly with an inclined shift in life styles and traditional eating habits. Fast food …
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