Tag Archives: trade

  PTA is a bilateral agreement signed between two trading countries to trade certain products at reduced tariff and let go of them completely to ensure buyers of one country import from the other. Signing of PTA or FTA with any country will promote trade and foreign currency movement. The larger banks e.g. UBL, HBL , ABL, MCB and NBP are expected to lead the way with RMA arrangements to …

  Denies role of distributors and retailers The e-commerce is opening new directions and horizon of trade in Pakistan, despite its late arrival in the country yet it has become a burgeoning sector and on the back of rapid growth the experts predict the size of this market is likely to go up from $30 million (spent on online purchases) to $600 million by 2017. It will be interesting to …

  Halal food is often used in reference to foods and drinks, which are permissible for Muslims to eat or drink under Islamic law or in other words Halal is any object or an action which is permissible in Islam. The criteria specifies both what foods are allowed, and how the food must be prepared under the law of Islam. These foods include types of meat and animal tissue. The …

  The existing size of Muslim population around the globe and its faster growth rate but more importantly superior quality standards of Halal food are responsible for enormous growth of Halal food market. Apart from Muslim countries many non-Muslim countries now share significant percentage of global trade of Halal food. The factors driving global Halal food trade include: 1) growth in Muslim population, the primary market for Halal food, 2) …

  The rate cut will not only give boost to local investment but can also woo foreign investors Finally, the State Bank of Pakistan (SBP) made a drastic cut of 100 basis points in the interest rate to bring it to an eight-year low of 8.5 percent for the next two months, which people hailing from trade and industry have taken positively and said it would help stimulate private sector …

  Interview with Sayyid Mansoob Hasan, An analyst PAGE: Tell me something about yourself, please: Sayyid Mansoob Hasan: I have over 23 years of experience. I have worked with non-banking financial industry at senior positions like CFO, HIA and Director. Since 1995, I am engaged in Public Practice as a Cost & Management Accountant and Management Consultant. My firm MANSOOB & CO. is providing solutions to business problems of the …

  Ali Awsat Hashmi, Governor-General of Sistan-Baluchistan province Iran has underscored the need to take practical steps in order to effectively stop cross-border smuggling and promote enhanced trade between Pakistan and Iran. Effective and workable measures are required to manage unofficial cross border trade through documented and official channels that will not only add to revenues but open doors for legal trade between the two brotherly countries. Speaking at a …

  Karachi is now among the top ten ranking of largest cities globally. During 2005, the population of Karachi was at 15.1 million which is predicted to reach 27.5 million by 2020. The number of households in 2005 was about 2.1 million and by 2020 it will rise to 3.9 million, which means a rise of 1.77 million households, at an average size of 7 persons per household. Even at …

  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 …

  Pakistan’s port city of Gwadar having special significance, with reference to its geography and potential for development of trade links with Central Asian Republics (CARs), Persian Gulf, East Africa, United Arab Emirates and North Western India and by virtue of its important location and development projects is poised to turn into cities like Singapore, Hong Kong, Colombo and Dubai. This seaport project has entered the second phase of development …