Pakistan & Gulf Economist http://www.pakistaneconomist.com Pakistan's Business Financial Magazine Tue, 15 Jan 2019 08:05:52 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.9 China’s Electric Vehicle Market Races Ahead http://www.pakistaneconomist.com/2019/01/15/chinas-electric-vehicle-market-races-ahead/ http://www.pakistaneconomist.com/2019/01/15/chinas-electric-vehicle-market-races-ahead/#respond Tue, 15 Jan 2019 08:00:30 +0000 http://www.pakistaneconomist.com/?p=24561 When Tesla broke ground on its first factory in China last week, some people were questioning the timing of the company’s expansion to the country. Amid trade tensions, a general economic slowdown and cooling consumer confidence, the Chinese automobile market contracted by 2.8 percent in 2018, marking the first annual decline in more than two decades. As …

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The Return of the Package http://www.pakistaneconomist.com/2019/01/15/the-return-of-the-package/ http://www.pakistaneconomist.com/2019/01/15/the-return-of-the-package/#respond Tue, 15 Jan 2019 07:56:31 +0000 http://www.pakistaneconomist.com/?p=24559 Online retailers who successfully want to target European consumers increasingly have to look at returns information and the conditions for product returns. According to PostNord research, many Europeans have a habit of returning products they bought online. This is especially true in Germany and the Netherlands: more than half of the population in these countries …

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America’s Most And Least Trusted Professions http://www.pakistaneconomist.com/2019/01/15/americas-most-and-least-trusted-professions/ http://www.pakistaneconomist.com/2019/01/15/americas-most-and-least-trusted-professions/#respond Tue, 15 Jan 2019 07:51:42 +0000 http://www.pakistaneconomist.com/?p=24557 Some professions have a better reputation for honesty than others. Mistrust is pretty common in everyday life, whether its questioning a doctor’s honesty or ethics regarding a diagnosis or blaming the salesperson when your “new” used car breaks down after one day and 30 miles on the road. So that raises the question: what professions do Americans …

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U.S.-China Trade Deficit Keeps Growing Despite Tariffs http://www.pakistaneconomist.com/2019/01/15/u-s-china-trade-deficit-keeps-growing-despite-tariffs/ http://www.pakistaneconomist.com/2019/01/15/u-s-china-trade-deficit-keeps-growing-despite-tariffs/#respond Tue, 15 Jan 2019 07:44:49 +0000 http://www.pakistaneconomist.com/?p=24555 Despite the Trump administration’s efforts to curb the Chinese trade surplus with the U.S. by imposing tariffs on Chinese goods, trade between the two countries became even more lopsided in 2018. According to Chinese government data released today, the Chinese surplus grew by another 17 percent in the previous year. In total, the value of goods bought by Americans …

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Canada to Welcome Over 1 Million Immigrants over 3 Years http://www.pakistaneconomist.com/2019/01/15/canada-to-welcome-over-1-million-immigrants-over-3-years/ http://www.pakistaneconomist.com/2019/01/15/canada-to-welcome-over-1-million-immigrants-over-3-years/#respond Tue, 15 Jan 2019 07:40:47 +0000 http://www.pakistaneconomist.com/?p=24553 In stark contrast to its neighbour, Canada has announced immigration targets for the next three years amounting to over one million new permanent residents by the end of 2021. As our chart shows, upper estimates indicate that 184,500 of these new faces will be refugees, protected persons or other humanitarian-based applications. In the new report, it is …

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Overview of auto sector of Pakistan http://www.pakistaneconomist.com/2019/01/14/overview-of-auto-sector-of-pakistan/ http://www.pakistaneconomist.com/2019/01/14/overview-of-auto-sector-of-pakistan/#respond Sun, 13 Jan 2019 19:56:34 +0000 http://www.pakistaneconomist.com/?p=24455 Transportation plays a very important role in the development of a society as the demand for transportation increases along with development. It is one of the major industrial sectors of an economy. Over the years, Pakistan has achieved reasonable economic growth with the stable unemployment rate and a rise in foreign investments in recent years …

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Highs and lows for the automotive sector last year http://www.pakistaneconomist.com/2019/01/14/highs-and-lows-for-the-automotive-sector-last-year/ http://www.pakistaneconomist.com/2019/01/14/highs-and-lows-for-the-automotive-sector-last-year/#respond Sun, 13 Jan 2019 19:55:45 +0000 http://www.pakistaneconomist.com/?p=24434 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, Toyota, Suzuki, Yamaha, yet due to the implementation of Automotive Development Policy (ADP 2016 -2021) …

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Strengthening Japanese currency keeping auto sales under pressure http://www.pakistaneconomist.com/2019/01/14/strengthening-japanese-currency-keeping-auto-sales-under-pressure/ http://www.pakistaneconomist.com/2019/01/14/strengthening-japanese-currency-keeping-auto-sales-under-pressure/#respond Sun, 13 Jan 2019 19:54:46 +0000 http://www.pakistaneconomist.com/?p=24460 Automobile sales were up nominally in December 2018, as against 17%YoY decline in November 2018, sales were up 11%MoM. This is the first time in 12 years (since December 2005) that sales have increased in December on MoM basis. This brings 1HFY19 sales number to 120,066 units, down by 3%YoY. This is also the first …

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Time to make Balochistan heaven of auto and allied sector http://www.pakistaneconomist.com/2019/01/14/time-to-make-balochistan-heaven-of-auto-and-allied-sector/ http://www.pakistaneconomist.com/2019/01/14/time-to-make-balochistan-heaven-of-auto-and-allied-sector/#respond Sun, 13 Jan 2019 19:53:26 +0000 http://www.pakistaneconomist.com/?p=24462 Govt must support private sector to set up assembling units in Gwadar Sector has been growing at 8pc a year and is on track to reach $31bn this year Automobile is an export driven-industry providing lucrative investment opportunities for foreign investors. Though Pakistan automobile market witnessed a rapid growth and hefty expansion over the past …

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Top upcoming car manufacturers in Pakistan http://www.pakistaneconomist.com/2019/01/14/top-upcoming-car-manufacturers-in-pakistan/ http://www.pakistaneconomist.com/2019/01/14/top-upcoming-car-manufacturers-in-pakistan/#respond Sun, 13 Jan 2019 19:52:11 +0000 http://www.pakistaneconomist.com/?p=24436 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 competition to the existing ones namely; Toyota, Honda, and Suzuki. Following are the new companies …

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