Tag Archives: Economic

According to World Bank data published in 2019, global remittances totalled $689 billion in 2018, up from $633 billion in 2017. Of that total, $529 billion flowed into low and middle-income countries. The upsurge in remittances was driven by increasing oil prices …

Presently, Pakistan seems to be suffering from ‘Stockholm Syndrome’ – a psychological condition wherein a captive begins to identify closely with his or her captors, as well as with their agenda and demands. The obsession and the unwavering trust in …

Stock exchanges represents confidence of investors and industry. Pakistan Stock Exchange has least number of investors and issuers using the exchange platform to trade off savings and returns. Pakistan’s least position in the region was found out to be a further …

While working on the project of building an electronic prime mover, Elon Musk postulated that, “if we drive down the transportation cost, we are destined to achieve greatness.” Whether it is international trade through the high seas or haulage networking …

Why we have need to use the word Islamic as prefix before Economics, Business, Banking, Finance, Marketing, Management etc.? The answer is that unfortunately the Muslim Ummah turned from the long slumber of centuries due to the international downfall. Over …

Interview with Syed Shariq Waqar, FCMA PAKISTAN & GULF ECONOMIST had an exclusive conversation with Syed Shariq Waqar vis-a-vis Tax Challenges in Pakistan. Following are the excerpts of the conversation. Taxation is always treated as a sword on economic growth …

Inclusive Capitalism is one new concept which covers the human equality and diversity alongside driving returns to the shareholders of a venture. Most of the Fortune 500 companies give stock options to their executives, shares to their staff in addition …

In this rapidly growing and changing world, we are watching new developments across the world. Countries are committed with their own interests and politics has become the world’s largest business and point of attraction. 2019 cannot be considered as a …

Living standards have risen over the past 50 years, but at the cost of the climate. The world is running out of resources we need, and struggling to dispose of things we don’t. Success should not just be measured by …

At the conclusion of the Islamic summit in Malaysia, Prime Minister Mahathir Mohamad praised Iran and Qatar for withstanding economic embargoes and said it was important for the Muslim world to be self-reliant to face future threats. He said “With …

To underpin the economic activities and to generate employment opportunities for the locals, plenty of countries and territories across the globe have identified myriad of categories of tourism. Some of the most prevalent are Business tourism, Culinary tourism, Fashion tourism, …

The travel and tourism industry is an important part of the overall global economy and is particularly important in some developing nations, where it can help to reduce poverty. In 2018, the industry helped generate 10.4% of world GDP and …