Cover Stories – Pakistan & Gulf Economist http://www.pakistaneconomist.com Pakistan's Business Financial Magazine Tue, 17 Jul 2018 07:19:16 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.7 Shipping in the digital world – let the dream come true http://www.pakistaneconomist.com/2018/07/16/shipping-in-the-digital-world-let-the-dream-come-true/ http://www.pakistaneconomist.com/2018/07/16/shipping-in-the-digital-world-let-the-dream-come-true/#respond Sun, 15 Jul 2018 19:42:45 +0000 http://www.pakistaneconomist.com/?p=18092 Someone once said, ‘The ship of the future will be a floating computer’. It actually is going to be true, rather has become true to some extent. There are some who think the shipping industry has already embarked upon the digital revolution whereas some think it is still a long way to go before the …

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Economic prospects of Gwadar deep sea port under CPEC http://www.pakistaneconomist.com/2018/07/16/economic-prospects-of-gwadar-deep-sea-port-under-cpec/ http://www.pakistaneconomist.com/2018/07/16/economic-prospects-of-gwadar-deep-sea-port-under-cpec/#respond Sun, 15 Jul 2018 19:41:02 +0000 http://www.pakistaneconomist.com/?p=18095 Gwadar Port is located in southwestern Pakistan near the Iranian border. It is situated on the shores of the Arabian Sea in the city of Gwadar, located in the Pakistani province of Balochistan. The port is located 533 km from Pakistan’s largest city, Karachi, and is approximately 120 km from the Iranian border. It is …

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Role of maritime training institute for better shipping for better future http://www.pakistaneconomist.com/2018/07/16/role-of-maritime-training-institute-for-better-shipping-for-better-future/ http://www.pakistaneconomist.com/2018/07/16/role-of-maritime-training-institute-for-better-shipping-for-better-future/#respond Sun, 15 Jul 2018 19:40:15 +0000 http://www.pakistaneconomist.com/?p=18180 The Maritime Training Institute, an awards winning Institution duly approved by the Govt. of Pakistan, affiliated with University of Karachi and an outreach campus of City of Glasgow College, of Scotland, UK to conduct and deliver Higher National Diploma Program and M.S in Shipping and Logistics. The Maritime Training Institute was formed in October 1998. …

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The potential of under developed sea ports of Pakistan http://www.pakistaneconomist.com/2018/07/16/the-potential-of-under-developed-sea-ports-of-pakistan/ http://www.pakistaneconomist.com/2018/07/16/the-potential-of-under-developed-sea-ports-of-pakistan/#respond Sun, 15 Jul 2018 19:39:48 +0000 http://www.pakistaneconomist.com/?p=18098 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. Pakistan has three big sea ports named as Karachi Port, Muhammad Bin Qasim Port and Gwadar Port. Port of Muhammad …

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Gwadar port setting out vision for future Balochistan growth http://www.pakistaneconomist.com/2018/07/16/gwadar-port-setting-out-vision-for-future-balochistan-growth/ http://www.pakistaneconomist.com/2018/07/16/gwadar-port-setting-out-vision-for-future-balochistan-growth/#respond Sun, 15 Jul 2018 19:38:20 +0000 http://www.pakistaneconomist.com/?p=18104 Gwadar Port is set to bring least developed Balochistan into the economic mainstream of Pakistan and the whole Asian region. It will catalyze the development process in the province bringing it at par with other provinces. Development of an integrated transport system and future road and rail links to Central Asian Republics (CARs) and rest …

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Boom in economic activities through Gwadar deep-sea port http://www.pakistaneconomist.com/2018/07/16/boom-in-economic-activities-through-gwadar-deep-sea-port/ http://www.pakistaneconomist.com/2018/07/16/boom-in-economic-activities-through-gwadar-deep-sea-port/#respond Sun, 15 Jul 2018 19:37:55 +0000 http://www.pakistaneconomist.com/?p=18133 It is dichotomous to compare Chabahar port of Iran with Gwadar deep-sea port of Pakistan. Iran, India, Afghanistan as well as Turkmenistan and Uzbekistan would primarily benefit from Chabahar port, located on the Makran coast of Sistan and Balochistan province, if it gets going provided that the recent development particularly the sanctions imposed by the …

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World’s top five shipping companies operation at port of Karachi http://www.pakistaneconomist.com/2018/07/16/worlds-top-five-shipping-companies-operation-at-port-of-karachi/ http://www.pakistaneconomist.com/2018/07/16/worlds-top-five-shipping-companies-operation-at-port-of-karachi/#respond Sun, 15 Jul 2018 19:36:03 +0000 http://www.pakistaneconomist.com/?p=18135 The Port of Karachi is one of South Asia’s largest and busiest deep-water seaports handling about 60 percent cargo dealings worldwide. The international freight forwarding business emerged in Pakistan in 1980 and since seaborne trade continues to expand the shipping industry grows and strengthens especially with the help of the international shipping companies being actively …

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Changing dynamics of commercial banking http://www.pakistaneconomist.com/2018/07/16/changing-dynamics-of-commercial-banking/ http://www.pakistaneconomist.com/2018/07/16/changing-dynamics-of-commercial-banking/#respond Sun, 15 Jul 2018 19:35:00 +0000 http://www.pakistaneconomist.com/?p=18128 As the State Bank of Pakistan (SBP) is scheduled to announce Monetary Policy on Saturday, this week, it is anticipated that the central bank is obliged under the external pressure of multilateral donors to increase the policy rate by 25bps. It is also anticipated at each future announcement; rate will be increase to take it …

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Gwadar port soon to offer world class shipping facilities http://www.pakistaneconomist.com/2018/07/16/gwadar-port-soon-to-offer-world-class-shipping-facilities/ http://www.pakistaneconomist.com/2018/07/16/gwadar-port-soon-to-offer-world-class-shipping-facilities/#respond Sun, 15 Jul 2018 19:34:02 +0000 http://www.pakistaneconomist.com/?p=18130 It was a long time dream of Pakistan authorities to make Gwadar port — a small but strategically located fishing port — into mega duty-free port and free economic zone like Dubai port, so reliant on major China’s investment the mission is almost achieved as very soon the Gwadar Port is capable of handling large …

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Scarcity of health and safety measures at Gadani shipbreaking http://www.pakistaneconomist.com/2018/07/16/scarcity-of-health-and-safety-measures-at-gadani-shipbreaking/ http://www.pakistaneconomist.com/2018/07/16/scarcity-of-health-and-safety-measures-at-gadani-shipbreaking/#respond Sun, 15 Jul 2018 19:33:48 +0000 http://www.pakistaneconomist.com/?p=18138 NGO Shipbreaking Platform in its annual report 2017 says that pollutant and dangerous scrapping has been a key area of concern for Pakistani ship recycling industry. Gadani shipbreaking yard is the world third largest consisting of 132 shipbreaking plots. It operates directly on the beach, without any drained working areas to protect the sea and …

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