Automotive manufacturing sector is the backbone of engineering spectrum in any country but when compared to many developed countries, our automotive sector is still at infancy level. In Pakistan, automobile sector is mainly lead by the Japanese manufacturers i.e. Honda, …

The auto policy 2016-21 indeed seems to be revolutionary for the automobile industry and it seems that the monopoly of local Japanese automakers will soon end in Pakistan. Many new automakers are entering Pakistani market and ready to give tough …

Apart from managing the twin deficits (fiscal and current) in 2019, the government will be on its toes to clear two important tests: One is the stabilization program to be signed with the International Monetary Fund (IMF) and the second …

The new year is on track to be one of the toughest economically and financially that Pakistan has witnessed in recent times. As 2018 comes to a close, all global economic forecasters have revised down the expected economic performance of …

The year 2018 was a unique year in the history of Pakistan as it witnessed a new political party coming into power which, since 1988, was being shared predominantly between two political parties including an 8-year period of General Pervez …

The above table gives a snapshot of banking industry performance at the close of third quarter of CY2018. From the table, key industry figures could be summarized as below: 1. Assets: PKR 16,728 Billion 2. Deposits: PKR 12,937 Billion 3. Equity: PKR …

In the wake of widening external deficits, dwindling reserves and uncompetitive exports in the back drop of political uncertainty, the million-dollar question that arises is where to invest in 2019? While the economic managers are still busy understanding the sector-wise …

Pakistan heavily relies on imported energy – petroleum oil and fuel gases – to run the economy. According to estimates, it meets around 70 percent of energy needs through imports. Energy imports comprise around one-fourth of the total import bill …

The OPEC-led group of oil producers announced a supply cut of 1.2 million barrels per day (bpd) in crude oil supply from January 2019, measured against October 2018 output levels. The move follows a more than 30 percent collapse in …

No.1 passport UAE has overtaken Singapore and Germany as the country with the world’s most powerful passport. According to Passport Index, UAE passport holders are now able to gain entry to 167 countries without obtaining a prior visa — 113 …