Consumer confidence is always high in the economies where there is justified wealth distribution and there is trickle-down effect of…
Browsing: Cover Stories
Reportedly Pakistan’s name has been added to the Financial Action Task Force (FATF) ‘grey-list’. The overwhelming reaction to this move…
Pakistani society is highly consumption-oriented. This is further accentuated by the fact that consumer spending this Eid-ul-Fit’r crossed one trillion…
The month of March global consumer confidence Primary Index has risen to 50.6, tying the record high set in January…
It may or may not be true that the sentiments are the reasons for the performance of Pakistan Stock Exchange.…
A consumer is vital to any economic plan, strategy, policy and activity. The consumers may suffer if they have no…
According to the bank, to be a member of the middle class in 2015, a Pakistani adult must have a…
“Consumers, by definition, include all of us. They are the largest economic group in the economy, affecting almost every public…
There was record spending this year during the Eidul Fitr in Pakistan as consumer spending on this auspicious occasion has…
India is striving to become the world’s third-largest consumer market by 2025. Consumer spending is on the rise in India.…
As the Gwadar Port has immense importance not only for trade with Central Asian Republics (CARs) but also for the…
In Pakistan, three sectors that have witnessed tremendous growth in terms of innovation and users are Information Communications Technology (ICT),…
There is a prevalent assumption that currency depreciation is a trigger for the rise in exports. This historically does not…
With a population of around 200 million, Pakistan has the potential to become next major internet market in terms of…
The total liquid foreign exchange reserves of Pakistan increased to US$16,798 million on 14th June 2018. The positive surprise was…
For decades, conventional or branch-oriented banking has dominated the retail banking industry in Pakistan. However, the birth of the internet…
The 18th Summit of Shanghai Cooperation Organization (SCO) has recently concluded in the Eastern China’s coastal city of Qingdao. The…
Pakistan may seek help from China, its closest friend in order to develop automobile industry in Gwadar. Presently, China’s vehicle…
Startups in Pakistan have created an air of buzz and excitement around them; reason being is that they are the…
Pakistan’s trade deficit rose to all-time high nearly $34 billion in the first 11 months of the current fiscal year.…
President Pakistan Businessmen and Intellectuals Forum (PBIF), President AKIA, Senior Vice Chairman of Businessmen Panel of FPCCI and former provincial…
There is a great scope for developing tourism industry in Gilgit-Baltistan, which is home to more than fifty peaks above…
Despite strained relations, Pakistan’s exports to Afghanistan reached a two-year high during the first 10 months of the current fiscal…
Historically, Gwadar has been the part of Oman. In late 1960s, Gwadar was purchased from Oman and in 1970 it…
Mango exports of Pakistan earned $94.059 million in foreign exchange during two years as 129,423 tons of mangoes were exported…
Agility brings efficiency to supply chains in some of the globe’s most challenging environments, offering unmatched personal service, a global…
Millennium Development Goals (MDGs) had focus on halving poverty and improving lives of the world’s poorest by 2015. This very…
PAKISTAN & GULF ECONOMIST went to explore how children from underprivileged family background (who cannot afford two meals a day)…
Remittances play a very important role in eliminating poverty of a nation. Remittances not only reflect the domestic labor working…
Introduction SOS Children’s Villages Pakistan is a private social welfare organization dedicated to providing homes for orphans and abandoned children.…
Balochistan is the country’s poorest province, with standards of living lagging substantially behind the rest of the country. Socio-economic indicators…
PAKISTAN & GULF ECONOMIST had exclusive conversation with Dr Farah A. Bari, Dr Samia Shuja, Dr Rehan and some patients at…
A new study reveals that Pakistan is one of the most charitable nations. It contributes more than one percent of…
We all think about giving back to the society by contributing towards a noble cause, but only those of us…
Facts And Figures Greetings on behalf of Team GCT We seek your kind approval and patronage in considering the Green…
Balochistan is blessed with strategic mineral resources. There is hardly a mineral which is not found in the province. Serious…
The general perception is that Islamic banking in Pakistan is making progress in leaps and bounds. The supporting arguments are…
According to the recent Economic Survey, Pakistan’s total number of poverty count has registered a prominent decline in last 10…
Pakistanis are one of the most charitable nations in the world. Charitable giving this year will exceed $1.5 billion. As…
Microfinance banks help farmers and people who work in small industries and play vital role in the country’s economic growth.…
PAGE Report Privatization of distribution companies is the only solution to curb circular debt which currently has swelled to a…
Rickshaw Distribution Ceremony at Governor House Peshawar Held A rickshaw distribution ceremony was held at Governor House Peshawar which was…
Corporate Social Responsibility is often viewed as a benevolent supplement to a company’s activities. For forward-looking entities, however, CSR is…
PMN-Nawaz government completed its five-year term on 31st May 2018. During its entire regime it has been boosting about putting…
Migrant remittances can play a critical role in the economic development of low/middle-income countries. Remittances to developing countries are generally…
World has turned into a global village as people are more frequently connected with each other for their various needs.…
Analysts reveal that the Pakistan rupee could face additional pressure in the upcoming weeks, in the midst of the country’s…
In a fresh move against money laundering in the country, the State Bank of Pakistan (SBP) has directed money-exchange companies…
Trade and industry stakeholders have warned that an unchecked increase in dollar rate will increase the cost of production, affecting…
Ramazan is that time of the year when expatriates send money to their loved ones back home so that they…
The State Bank of Pakistan (SBP) has asked all foreign exchange companies to make sure their business is in compliance…
Balochistan government must continue to prioritize the development of social sector in the annual budgets. It is worth mentioning that…
Set to launch saving certificates in US dollars, an attractive opportunity to encourage overseas Pakistanis Central Directorate of National Savings…
Islamic funds industry has not yet fully developed and diversified in Pakistan whereas Islamic finance can find rich social grounds…
Owners and managers of a large number of SMEs have a deeper craving for Shariah-compliant financial services than large businesses…
The Birth of ABPL – 1991 – Al Baraka Bank (Pakistan) Limited (ABPL) is a solely owned subsidiary of Al…
Islamic Development Bank (IDB) – a multilateral developing institution of the world initiatives are aimed at youth, technology and innovation.…
Islamic mutual fund works in a similar manner as a conventional fund except that the Islamic mutual fund only deploys…
The population of Australia is 25 million people – of which 2.6 percent or around 650,000 place themselves as Muslims…
Balochistan has vast potential in insurance sector, yet the sector could not play its due role in the local economy.…
Dubai Islamic Bank Pakistan Limited (DIBPL) is a wholly-owned subsidiary of Dubai Islamic Bank UAE (DIB). The parent company DIB…
The rapid growth of Islamic finance has drawn the attention of national policy makers. There is growing acknowledgement of the…
In Pakistan, the common definition of a literate person is one who could write his/her name in English. According to…
Master of Business Administration (MBA) degree is indeed a career in professional education. It had at one time high salary…
The Hunar Foundation (THF), an approved non-profit organization, is striving to create a ‘Skilled Pakistan’ by providing vocational training to…
According to an international study comparing their status in 21 countries the teachers in China have the highest levels of…
In the emerging economies, the significant contribution of private sector for eradicating illiteracy is a well-known fact. For the last…
With a development outlay of Rs88.3 billion, the Balochistan government unveiled Rs328.5 billion budget for the next fiscal year 2018-19…
Higher Education Commission of Pakistan (HEC) has been doing a remarkable service to help overseeing, regulation and accrediting the higher…
In an increasingly competitive environment dominated by cost-cutting and tight budget justification, the workforce investments range from 18-57% of organizations’…
The handicraft work is common in the rural Balochistan, where mostly females having learnt the handicraft skills, actively engaged in…
The Program for International Student Assessment (PISA) provides education rankings based on international tests taken by 15-year-olds in mathematics, reading…
Let’s analyze the impact of the Federal Budget 2018-19 announced a couple of weeks ago by the couple-of-week old Finance…
As was expected, the budget for FY 2018-19 turned out to be ‘people centric’ as this is the election year…
Addressing the post budget press conference, the Federal Minister for Finance Miftah Ismail said, “We have no intention to go…
Pakistan has witnessed improvement in exporting food products during the last seven months of the current fiscal year 2018. It…
From LNG to coal, livestock to stationery, every sector and every type of business enterprise has been showered with exemptions…
Over a thousand points decline in KSE-100 index suggests that the Budget has failed to fetch the interest of Investor…
The Senate Standing Committee on Finance during the post-budget 2018-19 session informed that Pakistan has no more plan to enter…
The recent decision of the US President Donald John Trump to pull its country out of the nuclear deal signed…
As the military assistance from the US been reduced, Pakistan has raised its defense spending for the year 2018-19 by…
Balochistan is the poorest province but it has huge potential in trade and commerce by virtue of its strategic location.…
Infrastructure is the first step, and it will be followed with trade and investment and industrial cooperation. Efforts to expedite…
After investment in energy and transport sector under China-Pakistan Economic Corridor (CPEC), China is now making headways in the e-commerce…
There is lots of interest exhibited by almost every Pakistani these days about the trade prospects with China. Even those…
Since the signing of China-Pakistan free trade agreement in 2007 and the launch of China-Pakistan Economic Corridor (CPEC) in 2013,…
Trade volume between China and Pakistan, which stood at $4 billion in 2008, peaked to $15.6 billion in 2016-17. Pakistan’s…
Recent talks between Pakistan and China on second phase of Free Trade Agreement (FTA) could not reach a breakthrough. During…
Pakistan transformed the dream of China-Pakistan Economic Corridor (CPEC) into reality by making the Gwadar Economic Free Zone operational. The…
Globalization is the culminating point of classical economists’ (Adam Smith and Ricardo etc) theories emphasizing comparative advantage in cost of…