Economy

Economy: as we all know that it is defined as  the state of a country or region in terms of the production and consumption of goods and services and the supply of money.

 

An economy is the large set of inter-related production and consumption activities that aid in determining how scarce resources are allocated. The production and consumption of goods and services are used to fulfill the needs of those living and operating within the economy, which is also referred to as an economic system.

Government Initiative

Government Initiative

All are equal in rule of law: Imran Khan Prime Minister Imran Khan presently urged the government of Pakistan firmly believed in the rule of law and stressed that law should be applied equally to the elite and ordinary citizens. PM was talking to a delegation of Insaf Lawyers Forum …

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Asian Economy: Overview, Growth & Development

Asian Economy: Overview, Growth & Development

84PC of firms in Japan see economic growth in 2022 About 84 percent of major companies in Japan expect the country’s economy to grow in 2022, driven by recovering personal consumption amid hopes that the coronavirus pandemic will subside, a Kyodo News survey showed Sunday. In the survey of 106 …

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Kibor Rates

Kibor Rate

Kibor rate is the average interest rate at which term deposits are offered between prime banks in the Pakistani wholesale money market or interbank market. KIBOR as a benchmark, to encourage transparency  and improve management of the market risk undertaken by banks.   Kibor Rates In Pakistan TENOR BID OFFER …

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Government Initiative

Government Initiative

Saudi Foreign Minister meets Pakistani PM Imran Khan Sources recorded that the years 2020 and 2021 are especially marked by the outbreak and evolvement of the COVID-19 pandemic. This was in the first place a humanitarian crisis. According to the Corona Virus Resource Centre of the Johns Hopkins University by …

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Asian Economy: Overview, Growth & Development

Asian Economy: Overview, Growth & Development

World Bank, HSBC positive about Vietnam’s economy Vietnam’s economy should get back to a gross domestic product (GDP) growth of 6.8 percent next year, driven by a return of strong foreign direct investment (FDI), primarily in manufacturing, according to Tim Evans, chief executive officer (CEO) of HSBC Vietnam. The country’s …

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Kibor Rates

Kibor Rate

Kibor rate is the average interest rate at which term deposits are offered between prime banks in the Pakistani wholesale money market or interbank market. KIBOR as a benchmark, to encourage transparency  and improve management of the market risk undertaken by banks.   Kibor Rates In Pakistan TENOR BID OFFER …

Read More »

Government Initiative

Government Initiative

Prime Minister Imran unveils Naya Pakistan Card initiative Presently Imran Khan formally launched the Naya Pakistan Card initiative, bringing mega welfare programmes of the government of Pakistan covering health, education, food and agriculture sectors under one umbrella. With the launch of Naya Pakistan Card, which covers Ehsaas Ration Programme based …

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Asian Economy: Overview, Growth & Development

Asian Economy: Overview, Growth & Development

China’s indebted property sector China’s economy has become heavily dependent on property development over the last decade. High-rise apartments have mushroomed across hundreds of cities to house a growing white-collar workforce, while glass and steel office blocks are dominating city centres, mimicking Shanghai’s glittering skyline. Valued at more than $50tn …

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Kibor Rates

Kibor Rate

Kibor rate is the average interest rate at which term deposits are offered between prime banks in the Pakistani wholesale money market or interbank market. KIBOR as a benchmark, to encourage transparency  and improve management of the market risk undertaken by banks.   Kibor Rates In Pakistan TENOR BID OFFER …

Read More »

Government Initiative

Government Initiative

Imran launches portal for overseas Pakistanis to get power of attorney Prime Minister Imran Khan presently introduced an initiative for automation of power of attorney for overseas Pakistanis, saying it would assist the diaspora in acquiring legal documents. Speaking during the curtain-raising ceremony of the facility, the Prime Minister Imran …

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Asian Economy: Overview, Growth & Development

Asian Economy: Overview, Growth & Development

Bangladesh, Kenya explore cooperation in blue economy Foreign Minister Dr AK Abdul Momen has proposed that both Bangladesh and Kenya can establish cooperation in the blue economy. Both sides agreed to establish cooperation in tourism, IT and agriculture sectors in addition to developing the existing trade and commerce. Chief Administrative …

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Kibor Rates

Kibor Rate

Kibor rate is the average interest rate at which term deposits are offered between prime banks in the Pakistani wholesale money market or interbank market. KIBOR as a benchmark, to encourage transparency  and improve management of the market risk undertaken by banks.   Kibor Rates In Pakistan TENOR BID OFFER …

Read More »