Finally, Pakistan managed to garner much-needed support from three-member states of the Financial Action Task Force (FATF) to avoid being…
Browsing: Cover Stories
The present government unveiled its first full budget with total outlay of Rs. 7.022 trillion for FY 2019-2020. Following is…
Last week, the Balochistan government announced a Rs419.92 billion budget for the fiscal year 2019-20 with a Rs41.71 billion deficit…
Public utility is the general term for various businesses that serve people’s daily life, which possesses the basic characteristics of…
The recent budget for FY 2019-20 has outlined incentives for some industries while other may feel the pinch. On a…
Image from https://www.asiatimes.com/ Pakistan’s growth rate of GDP has reached a new high. According to the data released by the…
Balochistan has been lacking a corporate culture and hence it witnessed a meager corporate growth over the past many decades…
President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel…
Pakistan is blessed with unlimited natural and marine resources. Pakistan’s 1,200 kilometers lengthy coastline with the Arabian Sea is a…
Three weeks ago I wrote an article ‘Brewing turmoil in Pakistan’s backyard’ and the concluding remarks were, “The fact remains…
The history of use of waterborne vessels is as old as humans. Research has found the use of boats as…
Among the South Asian countries, Pakistan enjoys a special status as a traditional friendly neighbor of China and an all-weather…
By virtue of its strategic location, Gwadar Port has greater scope and tremendous potential to emerge as hub port in…
Hutchison Ports KICT is Pakistan’s leading deep water container terminal. The new facility is the closest Pakistan port to the…
There is a strong nexus of high illiteracy with high poverty in least developed Balochistan. A lethal combination of militancy…
President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel…
Government expenditure is a critical factor in the calculation of Gross Domestic Product (GDP) of any country. Hence, it is…
Like other countries, role of manufacturing sector in Pakistan’s economy is of paramount significance. Enhanced exports are believed to benefit…
Of all the tax amnesty schemes announced, the last tax amnesty scheme was unique in this respect that it was…
Last quarter of any financial year is not less than a budget season. Everyone including government institutes, corporate sector, government…
The global energy markets are in flux and the scene is changing rapidly. Most analysts believe that profound shifts are…
Pakistan has promising future but chaos must be handled generously, says EFP chief Pakistan & Gulf Economist sought views of the…
Farmers must not allow cultivation of genetically modified maize and other crops All the major stakeholders of agriculture sector including…
Present government led by Prime Minister Imran Khan has planned to privatize 48 public sector entities (PSEs) including loss-making Pakistan…
A nationwide campaign of Bahria University to promote Blue Economy Blue Economy identifies the water bodies as main drivers of…
The National Economic Council (NEC),the country’s highest decision-making body on economic policy, in consensus with federal cabinet is looking forward…
The present Balochistan government led by Chief Minister Jam Kamal needs to allocate sufficient funds in the budget for next…
A nationwide campaign of Bahria University to promote Blue Economy Shipping logistics represents a person or company who contracts to…
Image source: https://www.google.com Former finance minister Asad Umar, who made a speech at the extra-budgetary consultation and scheduled conference in…
Image source: South Asia Center Pakistan announces fiscal year budget for next fiscal year, setting an additional income target…
President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel…
Remittances have been playing a very significant role for the overall economic development of Pakistan. Therefore, it is important to…
The five biggest challenges the international money transfer industry is facing in 2019 would break down something like this: Globally…
A non-bank foreign exchange company (also known as foreign exchange broker or simply forex broker) is a company that offers…
Pakistan is a fast-growing developing country and a member of the WTO, Organization of the Islamic Conference, Group of 77,…
During this past week the benchmark index of Pakistan Stock Exchange (PSX) posted one of the largest weekly gains of…
1- If one looks at the remittances figures in FY19, overall increase in volumes from the US and UK will…
Remittances plays a crucial role in Pakistan’s economy. According to World Bank’s report the projected Pakistan’s remittances growth to remain…
Some new and disruptive business forces are rendering the traditional electricity business model obsolete and it may not serve well…
Since Donald Trump administration refused to extend waivers for Iranian oil exports, the United States and Iran have been giving…
Image source: http://dy.163.com/v2/article/detail/ Islamic finance, because of one of the Islamic doctrines. Compared with ordinary banks, Islamic does not accept or…
Today, Pakistan’s financial sector has transformed into a modern and sound financial sector dominated by private banks. The country’s banking…
“To us, the most important thing is to do our job well” “Our relationships with US companies won’t be destroyed…
President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel…
Islamic economy has touched only the tip of the iceberg since a lot more is yet to be achieved in…
According to World Bank, the growth of Islamic finance has been rapid at 10-12 percent annually over the past two…
Reportedly the Government of Pakistan (GoP) is getting ready to issue ‘Energy Sukuk II’ amounting to Rs200 billion before end…
In the contemporary world, one cannot deny the importance of the strong economy for the wellbeing of the common people.…
A nationwide campaign of Bahria University to promote Blue Economy The goal of Islamic finance is to bring greater justice…
When we talk about Islamic Banking and Finance, we must first understand the reality and need of Islamic Banking and…
The world is changing day by day, opening doors for the new ideas and innovations. One of the hottest topics…
When we talk about implementation and practice of Islamic economic system as a whole, we must look at every aspect…
The Islamic finance industry has grown at double digits, in the past few decade, despite the weak global economic environment.…
Profits of the Islamic banking industry increased by 48 percent during the quarter Oct-Dec 2018, according to the State Bank…
The good news is that the International Monetary Fund (IMF) has succeeded in convincing the Government of Pakistan (GoP) to…
Insurance business generally grows on risk perception in a society. Larger the risk level, higher the growth of insurance industry.…
President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel…
Pakistan faces the menace of poverty which begets malaise in the society and has led to crime and terrorism in…
Corporate Social Responsibility (CSR) carried out by the organizations involve handling the relationship between their business operations and the communities…
Keeping in view the ongoing discussions with the International Monetary Fund (IMF) team and the recent changes in key government…
Pakistan’s first-ever official report on multidimensional poverty was released in 2016, and it revealed shocking figures. According to the study,…
In the past century, women have achieved remarkable success in social, political and economic circles, however, many barriers still exist…
With the advancement of information technology (IT)) terminology of mobile banking, which until beginning of first decade of current century…
A recent World Bank report titled ‘State of Water Supply, Sanitation and Poverty in Pakistan’, said that Balochistan has by…
Pakistan is among the countries with lowest literacy rates, whereas the proportion of population acquiring higher education is much, much…
CF promotes a culture of observation, reflection, and continuous improvement. This practice not only helps improve the quality of our…
“The poverty alleviation plan will be the most important part of the government’s 100 days in power and will be…
Poverty is like punishment for a crime you didn’t commit – Mathematician Eli Khamarov It’s a hardcore fact that a…
FINCA In 2008, the bank was founded with a mission to alleviate poverty in Pakistan. FINCA provides state-of-the-art deposit and…
The Pakistani e-commerce market is alluring the interest of international investors. Daraz.pk and Azmalo.pk are some of the most successful…
President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel…
Ever before Imran Khan came into power, Pakistan’s economy has been going through tough times. As per the norm the…
A famous quote highlights sustainability by discussing the difference between giving a man a fish and teaching them how to…
A trade deficit occurs when an economy is importing more goods than it is exporting. The deficit equals the value…
State Bank of Pakistan (SBP) is in a monetary tightening phase raising discount rates continuously for the last few months…
Happiness is the purpose of life. Despite this, only handful people around us say they are very happy. We are…
“It’s your world”, the motto of the United Nations (UN) embodies the importance of the unity of the nations to…
In the recent past, Pakistan stock market has plunged in an unprecedented manner. Some analysts say, ‘it is reflection of…
Amidst the current political polarization and dysfunctional institutions, it is imperative for the private sector to step up and change…
The Consumer Price Index (CPI) inflation in Pakistan increased by 8.8% in April 2019 as compared to an increase of…
There was a projection by the International Monetary Fund that inflation in Pakistan may surge to 14% by the end…
When we talk about implementation and practice of Islamic economic system as a whole, we must look at every aspect…
Balochistan has huge potential in trade and commerce by virtue of its strategic location. A need is felt to exploit…
Why has the rupee suddenly fallen? The rupee plunged against the dollar in interbank trading on Friday morning, hitting an…
President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel…
Prime Minister Imran Khan during his maiden visit to the Ministry of Foreign Affairs emphasized the need to project positive…
Post World War-II economic conditions led to the growing competition and customer awareness. This era, which is also termed as…
Pakistan is keeping pace with the world in terms of branding. The world has produced iconic brands such as Admiral…
Markhor (Footwear) Shoes, crafted from leather by hand, are being produced by Markhor in Okara and picked up all around…
Pakistan has an unorganized retail sector. There are inherent limitations which include lack of economies due to small scale operations,…