Cover Stories – Pakistan & Gulf Economist http://www.pakistaneconomist.com Pakistan's Business Financial Magazine Tue, 18 Jun 2019 10:28:10 +0000 en-US hourly 1 https://wordpress.org/?v=5.1.1 Growth of Gwadar port can help resolve maritime issues of Pakistan http://www.pakistaneconomist.com/2019/06/17/growth-of-gwadar-port-can-help-resolve-maritime-issues-of-pakistan/ http://www.pakistaneconomist.com/2019/06/17/growth-of-gwadar-port-can-help-resolve-maritime-issues-of-pakistan/#respond Sun, 16 Jun 2019 19:57:36 +0000 http://www.pakistaneconomist.com/?p=29489 Pakistan is blessed with unlimited natural and marine resources. Pakistan’s 1,200 kilometers lengthy coastline with the Arabian Sea is a god gifted area with natural harbors. It is a mid-sea section which joins the strategic oil line of the Persian Gulf with the Indian Ocean. Pakistani sea ports join the trade routes between East and …

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Threats to maritime trade beginning to come true http://www.pakistaneconomist.com/2019/06/17/threats-to-maritime-trade-beginning-to-come-true/ http://www.pakistaneconomist.com/2019/06/17/threats-to-maritime-trade-beginning-to-come-true/#respond Sun, 16 Jun 2019 19:56:26 +0000 http://www.pakistaneconomist.com/?p=29579 Three weeks ago I wrote an article ‘Brewing turmoil in Pakistan’s backyard’ and the concluding remarks were, “The fact remains that none of the country (United States or Iran) wants to get the blame for initiating a conflict, but it doesn’t mean that the threat of eminent war is not there. There is a fear …

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Ports and shipping: a historical perspective http://www.pakistaneconomist.com/2019/06/17/ports-and-shipping-a-historical-perspective/ http://www.pakistaneconomist.com/2019/06/17/ports-and-shipping-a-historical-perspective/#respond Sun, 16 Jun 2019 19:55:12 +0000 http://www.pakistaneconomist.com/?p=29577 The history of use of waterborne vessels is as old as humans. Research has found the use of boats as early as 4000 BC. Now the 90 percent of world trade is being done through international shipping industry. Shipping is the life force for the global economy and with it the intercontinental trade, the bulk …

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Gwadar Port – the bright pearl of CPEC http://www.pakistaneconomist.com/2019/06/17/gwadar-port-the-bright-pearl-of-cpec/ http://www.pakistaneconomist.com/2019/06/17/gwadar-port-the-bright-pearl-of-cpec/#respond Sun, 16 Jun 2019 19:54:03 +0000 http://www.pakistaneconomist.com/?p=29516 Among the South Asian countries, Pakistan enjoys a special status as a traditional friendly neighbor of China and an all-weather strategic partner. The China-Pakistan Economic Corridor (CPEC) is an important milestone in the history of China-Pakistan friendship and a model project among the six major economic corridors of the ‘Belt and Road’. It plays an …

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Emerging Hub Port in the Asian region http://www.pakistaneconomist.com/2019/06/17/emerging-hub-port-in-the-asian-region/ http://www.pakistaneconomist.com/2019/06/17/emerging-hub-port-in-the-asian-region/#respond Sun, 16 Jun 2019 19:53:06 +0000 http://www.pakistaneconomist.com/?p=29510 By virtue of its strategic location, Gwadar Port has greater scope and tremendous potential to emerge as hub port in the Asian region. It needs funds to develop into a hub port. In the budget for the fiscal year 2019-20, the federal government has allocated over Rs 4 billion for the development of Gwadar port …

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Immense economic benefits through Hutchison ports http://www.pakistaneconomist.com/2019/06/17/immense-economic-benefits-through-hutchison-ports/ http://www.pakistaneconomist.com/2019/06/17/immense-economic-benefits-through-hutchison-ports/#respond Sun, 16 Jun 2019 19:52:50 +0000 http://www.pakistaneconomist.com/?p=29507 Hutchison Ports KICT is Pakistan’s leading deep water container terminal. The new facility is the closest Pakistan port to the shipping lanes in the Arabian Sea. Its prime location offers the shortest steaming time from the Fairway Buoy, and will bring real benefits to customers, relating to time, cost, reduction in risk of delays, and …

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Ignorance to Balochistan’s health and education sectors http://www.pakistaneconomist.com/2019/06/17/ignorance-to-balochistans-health-and-education-sectors/ http://www.pakistaneconomist.com/2019/06/17/ignorance-to-balochistans-health-and-education-sectors/#respond Sun, 16 Jun 2019 19:51:23 +0000 http://www.pakistaneconomist.com/?p=29513 There is a strong nexus of high illiteracy with high poverty in least developed Balochistan. A lethal combination of militancy and poverty continues to keep the province far behind the other provinces in performance improvement in the educational arena killing all efforts and frustrating any prospect to bring improvement in poor state of education. For …

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Mian Zahid Lauds Army budget Decision http://www.pakistaneconomist.com/2019/06/17/mian-zahid-lauds-army-budget-decision/ http://www.pakistaneconomist.com/2019/06/17/mian-zahid-lauds-army-budget-decision/#respond Sun, 16 Jun 2019 19:50:20 +0000 http://www.pakistaneconomist.com/?p=29578 President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain on Wednesday lauded the decision of Army to freeze its budget which is an expression of patriotism and sharing the burden with the government. The move …

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Is GDP still a good measure of standard of living? http://www.pakistaneconomist.com/2019/06/03/is-gdp-still-a-good-measure-of-standard-of-living/ http://www.pakistaneconomist.com/2019/06/03/is-gdp-still-a-good-measure-of-standard-of-living/#respond Sun, 02 Jun 2019 20:03:50 +0000 http://www.pakistaneconomist.com/?p=29296 Government expenditure is a critical factor in the calculation of Gross Domestic Product (GDP) of any country. Hence, it is important to note how the upcoming budget for Pakistan will have an impact on the well-being of the overall society. Even if people do not know what GDP means or even stands for, they regard …

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Budget 2020 — needs to focus more on economic reforms http://www.pakistaneconomist.com/2019/06/03/budget-2020-needs-to-focus-more-on-economic-reforms/ http://www.pakistaneconomist.com/2019/06/03/budget-2020-needs-to-focus-more-on-economic-reforms/#respond Sun, 02 Jun 2019 20:02:53 +0000 http://www.pakistaneconomist.com/?p=29319 Like other countries, role of manufacturing sector in Pakistan’s economy is of paramount significance. Enhanced exports are believed to benefit the country. Pakistan needs to strengthen this sector in order to enhance its exports which are concentrated largely in textile and semi-manufactures. Exports are dominated in foreign currency thus any change in the currency parities …

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