Tag Archives: sector

  Current benchmark interest rate at 7 percent is the lowest in 42 years in Pakistan. Last month, the central bank kept its policy rate unchanged at after lowering its rate by 100 bps to 7 percent as it was in May. The cut in interest rates would only benefit the economy if the initiative is to support the private sector, otherwise the government’s excessive borrowing from the banking system …

  The banking sector through CY13 faced tough challenges with external factors including law and order situation, political uncertainty, strikes causing closure of bank branches in distressed areas to name a few. State Bank of Pakistan require banks to have minimum capital of PKR 10 billion by December 2014, which will be a challenge for banks below the required threshold forcing another round of mergers and acquisitions. The CAR for …

  Pakistan’s banking sector reforms which were started in the early 1990s have transformed the sector into a well-organized, strong and sound banking system. It is playing a significant role in economic development and setting a performance status of the state. Still it needs to play a larger role in mobilizing local’s savings, which are critical to grow its entire investment stages. State Bank of Pakistan needs to make sure …

  The government has announced the budget for the year 2015-16 which is being met with mixed reviews. Some believe that the budget will increase inflation there by squeezing the middle class while others have their own opinion on each of the economic sectors. In addition, this year’s tax has brought in some of new sectors under the tax net. Summary of the budget for 2014-15 and key features with …

  The future of Pakistan Steel Mills (PSM) remain undecided as the situation seems not willing to revamp industry, which was build and become much stronger for economic development of a country. PSM is one of several firms Pakistan put up for sale to revive loss-making entities that cost the government $5 billion a year. There are no successful plans observed to set this national institution on the revival path. …

  Interview with Arif Habib Arif Habib, one of the leading business tycoons in Pakistan, despite of his endless preoccupations to oversee his business interests widely spread from capital market to steel making industry, huge real estate initiatives like Naya Nazimabad and REIT, energy and many other sectors, never forgets to spend his valuable time for the welfare activities specially healthcare sector and put his time and efforts for the …