Every year billion of dollar or payment sent by overseas to their home countries. Over the last twenty years these…
Browsing: Cover Stories
Webinar on ‘Halal Industry in Pakistan: Potential and Challenges’ organised very recently by the Federation of Pakistan Chambers of Commerce…
As the economy moves towards the end of FY20, it continues to face high uncertainty owing to the challenges posed…
Remittances are seeing a global boost in digital payments even while the physical ones decreased as the pandemic set in.…
Pakistan Stock Exchange (PSX) held a gong ceremony to mark the successful book building and listing of Pakistan Energy Sukuk…
With the world battling the novel coronavirus pandemic, the impact has been felt on every sector and everyday life. Perhaps…
The year 2019 has been good for the Takaful in Pakistan. This is evident from the performance of the Takaful…
Asia Insurance Company Limited is one of the fastest growing Insurance Companies of Pakistan. The company offers various solutions which…
Speaking at the recent launch of a new financing programme titled “Women Ventures” (WV) by Karandaaz Pakistan, in collaboration with…
Globalization has greatly impacted the mindset of the people as a whole. Besides that rapidly changing demographic profile of the…
Virgin Atlantic is pleased to announce it will be launching flights to Pakistan in December 2020. Operating three new routes…
Previous research on plagues and pandemics ranging from 14th century to the recent Spanish flu has established that pandemics greatly…
[box type=”shadow” align=”” class=”” width=””] The Universal Insurance Company Limited – a part of Bibojee Group of Companies was established…
The Government of Pakistan has recently tabled an Amendment Bill to the National Electric Power Regulatory Authority (NEPRA) Act (Regulation…
The Gravitational forces of global geopolitics and geo-economics is moving back towards East from the West and as this rebalancing…
During 2020 State Bank of Pakistan (SBP) has reduced interest rate, which is likely to impact earnings of commercial banks.…
Health insurance is a mechanism for spreading the risk of incurring health care cost over a group of individuals or…
Recently, Prime Minister Imran Khan said that rising pension bill is a far more serious problem for the government than…
In an exciting development for Pakistan’s capital market, TPL Trakker, a pure tech based company, was listed at Pakistan Stock…
Pakistan has successfully managed to handle COVID-19 so far but its impact on Pakistan’s economy is so far massive. In…
The Punjab government deserves some commendation for initiating a digital solution to strengthen its wheat monitoring and regulation mechanism, and…
COVID-19 threatened the world in each and every sector of their economies and may also increase the chances of corruption…
Monthly sales of automotive industry for July 2002 were reported at 11,836 units, up 32%MoM, but down 10%YoY. This indicate…
There are new buzzwords in the marketplace, such as Solar power, Inverter systems, Lithium batteries. We here in Pakistan have…
Pakistan received workers’ remittances worth $19.62 billion in FY18 and $21.74 billion in FY19. They grew to a record high…
Prior to 2020, it would have been considered unimaginable, that a virus could disrupt the global economy, sequestering billions in…
While Pakistan’s frustration with the Organization of Islamic Cooperation (OIC) for not playing an active role in ending Indian brutalities…
Freedom is a feeling, a way of expression, an act of doing something with certain limitations or is it scope…
Pakistan offers the most efficient and cost effective transit trade facility to Afghanistan. In the recent past, Afghanistan started using…
The coronavirus (COVID-19) pandemic will have a huge and lasting negative effect on the global economy; 2020 and 2021 will…
The biggest challenge Pakistan is facing today is to reduce poverty and achieve sustained economic growth. Present government is committed…
Almost no facet of our world economy has been immune to the COVID-19 crisis not only as a health crisis…
Driven by an undeniable responsibility and its fundamental values, the Dawood Hercules Group and Engro Corporation are committed to solving…
Since March 2020 State Bank of Pakistan has cut interest rate by 625bps. It had also imposed restriction on payment…
Pakistan is passing through an unprecedented crisis and being a Third World Country it is impossible to control the pandemic…
There are plenty of organizations across the world, which have made tremendous efforts to pay back to the society by…
‘Money belongs to you, but resources belong to the society’. With growing awareness about corporate social responsibility (CSR) among stakeholders,…
Dr. John P. Holdren (Advisor on S&T to US President Barack Obama for his double term in office and who…
State Bank of Pakistan (SBP) has introduced a temporary refinance scheme for payment of wages and salaries to the workers…
COVID-19 pandemic has further mounted the poverty level in Pakistan where surging poverty levels and rising inflationary pressure have already…
Fauji Fertilizer Bin Qasim (FFBL) announced its 2QCY20 financial results posting an unconsolidated loss of Rs1,160 million (LPS: Rs1.24) as…
The health, geopolitical and socioeconomic impacts of COVID-19 crisis are significant and catastrophic. Organizations are finding way to understand, react,…
Balochistan is rich in natural resources. It is strategically located on the confluence of South, west and Central Asia. The…
As the COVID pandemic furies, the world is entering into the deepest global recession since the Great Depression during 1930.…
The growing COVID-19 emergency takes steps to excessively hit developing nations, not just as a health emergency for current but…
“The true voyage of discovery lies not in seeking new landscapes, but in having new eyes.” (Marcel Proust) Recent developments…
As people have embraced social distancing as a way to slow the spread of the pandemic, there has naturally been…
COVID 19 (coronavirus) pandemic has affected almost all countries and has made a significant effect on all the aspects of…
There has been a sudden upsurge in the start-up culture in Pakistan in recent years, many new ideas have been…
The Organic Meat Company Limited is set to go public with its Initial Public Offering (IPO) and subsequent listing on…
Imagine a bank messaging to layman of a client to please activate his ‘EMV debit card’ by a fixed nearing…
After crossing the coronovirus tally of 220,000 cases in June the World Health Organisation (WHO) has named Pakistan among the…
The coronavirus pandemic has lasted just over four months across Pakistan and the main question that has arisen is: Will…
With a total outlay of Rs465.528 billion, the Balochistan budget increases spending on education, as it allocates 17% or Rs64…
Economic growth and development depends on human capital as well as physical capital and also on the factors affecting productivity.…
The Federal Budget FY21 has an estimated outlay of Rs7,295 billion, 11% lower as compared to last year’s budgeted outlay…
These are extraordinary days where extraordinary steps and out of box solutions are required. Budget deficit was estimated around 7.2…
When I sat down to write a commentary on Federal Budget FY21, I faced two odds: 1) there was not…
Whether budgetary conditionalities of the International Monetary Fund (IMF), directives of the State Bank of Pakistan (SBP), maneuvering of the…
Food Security is the accumulative measure of people’s access, affordability and subsequent availability of food throughout the year in a…
Sui Southern Gas Company Limited (SSGCL) has filed its annual Petition with OGRA to increase the FY 2020-21 Average Prescribed…
The coronavirus pandemic has rapidly transformed life of millions of people all over the world. For many, COVID-19 carries feelings…
The federal budget for 2020-21 is set in difficult circumstances with an exceptional degree of uncertainty generated by COVID-19. The…
The budget proposals for 2020-2021, prepared by the Adviser on Finance and Revenue, Dr. Hafeez Shaikh — against the backdrop…
As the tally of coronavirus cases in Pakistan crosses 185,000 the impacts of the coronavirus in pakistan pandemic are beginning…
The year 2020 is unfolding a series of transformations for the whole world. The Covid pandemic is wreaking havoc across…
The Federal Budget FY21 has an estimated outlay of Rs7,295 billion, 11% lower as compared to last year’s budgeted outlay…
Karachi, Friday, June 19, 2020: Life has slowed down, but people still need to sell their cars or buy used…
Before the COVID-19 outbreak, Pakistan’s economy was already struggling to stay afloat but was in no danger of collapse. However,…
The biggest challenge to the human health and financial stability the world faces today, perhaps originated from a seemingly innocuous…
The recently released Economic Survey paints a bleak picture of Pakistani economy. Since the period covered by the data includes…
The story that follows talks of three Pakistani sailors stranded on the Egyptian coast, served with jailed time and how…
Central banks around the world have slashed interest rates, though perhaps none as aggressively as State Bank of Pakistan (SBP).…
Faysal Bank Limited is a leading Financial Institution in Pakistan with a legacy of service and innovation which spans over…
Introduction Poverty has occupied foremost place on human development agendas of almost all countries of the world as its prevalence…
The growing COVID-19 crisis threatens to disproportionately hit developing countries, not only as a health crisis in the short term…
In compliance of constitutional requirement, that limitation of Riba will be state policy of Pakistan, It has been ambitious program…
The consequences of the COVID-19 pandemic for the global economy, and financial sector in particular, are still unpredictable. It has…
“When the world is predictable, you need smart people. When the world is unpredictable, you need adaptable people,” had commented…
The government has imposed Rs40 million penalties on six oil marketing companies (OMCs) for their noncompliance with the storage requirements.…
Mr Ahmed Chinoy Chairman of Pakistan Cloth Merchants Association (PCMA) recently requested the government to remove major hindrances which are…
5G’s proliferation is unprecedented, leading to the amalgamation of ground-breaking technologies of this decade such as AI and edge computing.…
Referring to Pak-Iran border (Taftan) through which Pakistan exports mango to Iran, it was highlighted by the Patron-in-Chief, Waheed Ahmed…
I have been struggling this last week with the events that have been unfolding around across and through the world…
There are different barriers to financial inclusion, one of these is the voluntary exclusion due to religious reasons and the…
Islamic finance can find rich social grounds for its growth and expansion in Pakistan and as this sector dominate Shariah-compliant…
Power Holding Limited (PHL), a public sector entity fully owned by the Ministry of Energy, is issuing a debt instrument…
Islam is more than a religion. It is also a code of life that deals with social, economic, and political…
Akhuwat Foundation is a non-profit company established in 2001 and registered with SECP. Akhuwat aims to alleviate poverty by creating…
The COVID-19 pandemic has adversely affected growth in key sectors of Pakistan’s economy and the auto sector is not an…