Not today but five years ago, in the wake of advanced research, financial incentives and public awareness campaigns, Norway had a breakthrough with around 70,000 EVs on the road in Norway. There is a paradigm shift today, to say the …
Read More »Ban on use of gas by captive power plants
In an attempt to address circular debt issue, the Government of Pakistan (GoP) has increased electricity tariff by Rs1.95/Kwh or 15%. This is likely to translate into additional recoveries of Rs200 billion. Potential agreements with IPPs is also likely to …
Read More »Positive prospect seen in Pakistan automobile sector
Things finally seem to be looking good for the automobile industry, especially after the downfall caused by Covid-19. Domestic car production grew at a cumulative growth rate of 10% approx. over the past six years while weak demand due to …
Read More »How AI May Help With Contact Center Staffing Issues During Unexpected Times
Call center are the busiest department of any organization dealing with unexpected scenarios but 2020 has taken this to entirely new level. Remote work has emerged a new trend in 2020. Almost all the organizations are forced to shift to …
Read More »Impact of covid-19 on auto mobile industry
The COVID-19 has been declared pandemic as its outbreak is an ongoing global situation. Besides the human tragedy, it is severely impacting economies and industries all around the world. The coronavirus pandemic is causing disruption and economic hardship around the …
Read More »SBP prefers maintaining status quo
The State Bank of Pakistan (SBP) in its latest Monetary Policy Statement (MPS) has kept the Policy Rate intact at 7.0%. The Policy Rate has remained unchanged since 25th June 2020, when the SBP had reduced the Policy Rate by …
Read More »Apprehension over gas diversion to power plants
The fertilizer industry has expressed dismay over a recent decision of the Cabinet Committee on Energy (CCoE) to divert natural gas to pipeline system from Mari Gas Field. It has also asked the government to review the decision to ensure …
Read More »Prolific investment in the tyre manufacturing
Based on the mileage it is mandatory for the sake of safety to change the tyres of 800cc car every three years, let alone a sedan or SUV. Four new tyres for a sedan would cost over Rs 65000/- (sixty …
Read More »New developments in Pakistan auto sector
Al-Hajj to launch proton variants Malaysian auto giant Proton, which has collaborated with Al-Haj Automobile, the assembler of FAW automobiles in Pakistan, will be launching its SUV crossover X70 soon along with a sedan named Saga. The company has confirmed …
Read More »Spike in the sale of tractors is the need of the hour
There is no denying the fact that Pakistan is an agrarian economy. Since more than 20 percent share in the national GDP comes from the agrarian sector, the precedence must have been given to this sector long ago. However, it …
Read More »Has low-cost housing taken precedence?
Low-cost housing is the dire need since the housing backlog is around 10 million units in Pakistan at the moment. Let alone the impoverished and the poor or the working class to be precise, even the lower-middle class cannot think …
Read More »Discovering infrastructure and real estate development under CPEC
Infrastructure development is one of the main pillars of economic growth of any economy and China Pakistan Economic Corridor being one of the largest project of its kind witnessed the transformational change in almost every sector of Pakistan’s economy and …
Read More »