Textile industry is the backbone of the economy and generates the highest export earnings. It has failed to meet the new challenges that appeared in the global textile and fashion industry in recent years. Pakistan is the fourth largest producer …

Pakistan is blessed with rich fishery potential with a coastline of about 1,120 km. Fish is an important component of Pakistan’s agricultural economy. A major part (65 percent) comes from marine resource. This accounts for one percent of the GDP. …

Consumer financing has seen a surge in the last two fiscal years primarily due to a big jump in auto loans and to some extent expansion of mortgage finance. Banks had made net consumer financing of Rs31.2 billion in 2014 …

Deposits are becoming unattractive for the customers The profitability of the banking industry is under substantial pressure. The last two years have been very challenging for the banks. The reduction in interest rates and downward re-pricing of government papers (domestic …

China and Pakistan have for a long time cooperated closely at the diplomatic levels and currently both countries are making efforts to expand their bilateral collaboration economically as well and in this regard the construction of the China-Pakistan Economic Corridor …

The performance of banking industry in Pakistan continues to be sound and strong. According to the Quarterly Performance Review of the Banking Sector for the quarter ended 31st December, 2016, gross advances to the private sector surged by Rs410 billion …

The government is actively pursuing to start practical work on the much-awaited Iran-Pakistan (IP) gas pipeline project. The practical work on decades old multi-billion dollars Turkmenistan-Afghanistan–Pakistan-India (TAPI) gas pipeline project has already entered its practical phase in Pakistan, and the …

The CAREC is a partnership of 10 countries including Afghanistan, Azerbaijan, China, Kazakhstan, Kyrgyz Republic, Mongolia, Pakistan, Tajikistan, Turkmenistan and Uzbekistan. It is supported by six multilateral institutions, working together to promote development through cooperation. It helps Central Asia and …

China Pakistan Economic Corridor (CPEC) projects will accelerate trade links between Pakistan and China. It will reduce behind the border trade costs and bring about a shift in the means of transportation. It will bolster economic alliance with the world’s …

Economic Cooperation Organization (ECO) was formed in 1985 as a successor body to erstwhile Regional Cooperation Development, and expanded in 1992 when former Soviet Union’s Central Asian republics joined it. It has made little progress and its institutional framework is …