Pakistan & Gulf Economist http://www.pakistaneconomist.com Pakistan's Business Financial Magazine Mon, 20 May 2019 10:47:51 +0000 en-US hourly 1 https://wordpress.org/?v=5.1.1 The World’s Most Chosen FMCG Brands http://www.pakistaneconomist.com/2019/05/20/the-worlds-most-chosen-fmcg-brands/ http://www.pakistaneconomist.com/2019/05/20/the-worlds-most-chosen-fmcg-brands/#respond Mon, 20 May 2019 10:33:22 +0000 http://www.pakistaneconomist.com/?p=28944 According to the 2019 edition of Kantar’s Brand Footprint report, Coca-Cola remains the most chosen FMCG brand in the world for the seventh year running. According to the report, which measure how often consumers choose an item from a particular brand, Coca-Cola’s products were picked from the shelves 5.97 billion times last year, reaching more than 40 percent …

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Unemployment Down Across the World’s Largest Economies http://www.pakistaneconomist.com/2019/05/20/unemployment-down-across-the-worlds-largest-economies/ http://www.pakistaneconomist.com/2019/05/20/unemployment-down-across-the-worlds-largest-economies/#respond Mon, 20 May 2019 10:33:19 +0000 http://www.pakistaneconomist.com/?p=28942 The U.S. labor market is in great shape. The unemployment rate dropped to a 50-year low of 3.6 percent in April, wages are high and total nonfarm employment reached a historical high of 151.1 million, according to the latest estimates by the Bureau of Labor Statistics. The U.S. is not alone in enjoying a strong job market at the moment …

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Marketers Have Yet to Embrace Snapchat http://www.pakistaneconomist.com/2019/05/20/marketers-have-yet-to-embrace-snapchat/ http://www.pakistaneconomist.com/2019/05/20/marketers-have-yet-to-embrace-snapchat/#respond Mon, 20 May 2019 10:33:00 +0000 http://www.pakistaneconomist.com/?p=28940 Instagram is having its moment in the marketing limelight. A new study from Social Media Examiner found that nearly three-quarters of marketers they surveyed are working with Instagram, a 7-point increase from last year’s report. The ‘gram was the only platform to see a significant jump in usage, with YouTube registering a modest 4-point increase in reported …

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U.S. Oil Finds New Markets Amid Trade War With China http://www.pakistaneconomist.com/2019/05/20/u-s-oil-finds-new-markets-amid-trade-war-with-china/ http://www.pakistaneconomist.com/2019/05/20/u-s-oil-finds-new-markets-amid-trade-war-with-china/#respond Mon, 20 May 2019 10:32:02 +0000 http://www.pakistaneconomist.com/?p=28946 The ongoing trade rift between Washington and Beijing has led to a significant reduction in Chinese imports of U.S. crude oil amid concerns about the implementation of new tariffs. In the period from April 2018 to September 2018, China imported 47 million barrels of American crude oil. That fell significantly to just 10.5 million barrels between October …

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Nike Still on Top of the Sneaker World http://www.pakistaneconomist.com/2019/05/20/nike-still-on-top-of-the-sneaker-world/ http://www.pakistaneconomist.com/2019/05/20/nike-still-on-top-of-the-sneaker-world/#respond Mon, 20 May 2019 10:31:50 +0000 http://www.pakistaneconomist.com/?p=28948 Contrary to what their name might suggest, basketball, tennis and running shoes are in no way confined to courts and tracks these days. Athletic footwear, less formally known as sneakers, can be found anywhere from boardrooms to fashion runways and companies such as Nike and Adidas are making billions feeding the sneaker frenzy. With annual footwear sales of $22.3 …

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How many animals does the UK slaughter each month? http://www.pakistaneconomist.com/2019/05/20/how-many-animals-does-the-uk-slaughter-each-month/ http://www.pakistaneconomist.com/2019/05/20/how-many-animals-does-the-uk-slaughter-each-month/#respond Mon, 20 May 2019 10:30:58 +0000 http://www.pakistaneconomist.com/?p=28950 The Department for Environment, Food and Rural Affairs (Defra) releases monthly figures on the number and type of animals that are slaughtered as meat for human consumption. As our infographic shows, April 2019 saw almost 1.2 million sheep slaughtered – a 31 percent increase on April 2018. For the animals that Defra publishes statistics for, pigs were the second …

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Islamic economy: lot of prospect but yet achieved? http://www.pakistaneconomist.com/2019/05/20/islamic-economy-lot-of-prospect-but-yet-achieved/ http://www.pakistaneconomist.com/2019/05/20/islamic-economy-lot-of-prospect-but-yet-achieved/#respond Sun, 19 May 2019 20:02:05 +0000 http://www.pakistaneconomist.com/?p=28908 Islamic economy has touched only the tip of the iceberg since a lot more is yet to be achieved in the wake of the growing propensity of the Muslims as well as the non-Muslims alike in the Islamic finance globally. The Islamic finance underwent certain glitches in 2018 and there is a likelihood of somewhat …

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Islamic finance a growing business area for conventional banks http://www.pakistaneconomist.com/2019/05/20/islamic-finance-a-growing-business-area-for-conventional-banks/ http://www.pakistaneconomist.com/2019/05/20/islamic-finance-a-growing-business-area-for-conventional-banks/#respond Sun, 19 May 2019 20:01:44 +0000 http://www.pakistaneconomist.com/?p=28840 According to World Bank, the growth of Islamic finance has been rapid at 10-12 percent annually over the past two decades, with the industry surpassing approximately US$ 2,500 billion in size by 2018. Islamic finance has emerged as an effective tool for financing development worldwide, including non-Muslim countries. Accordingly, Islamic financial institutions are gradually becoming …

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Second tranche of energy Sukuk: problem may linger on http://www.pakistaneconomist.com/2019/05/20/second-tranche-of-energy-sukuk-problem-may-linger-on/ http://www.pakistaneconomist.com/2019/05/20/second-tranche-of-energy-sukuk-problem-may-linger-on/#respond Sun, 19 May 2019 20:00:47 +0000 http://www.pakistaneconomist.com/?p=28898 Reportedly the Government of Pakistan (GoP) is getting ready to issue ‘Energy Sukuk II’ amounting to Rs200 billion before end May 2019. It is anticipated that around 30 percent of the amount will be to be routed towards independent power producers (IPPs), implying 40 percent settlement of cumulative IPPs’ receivables by June 2019. According to …

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Comprehending the Islamic Finance system http://www.pakistaneconomist.com/2019/05/20/comprehending-the-islamic-finance-system/ http://www.pakistaneconomist.com/2019/05/20/comprehending-the-islamic-finance-system/#respond Sun, 19 May 2019 19:59:12 +0000 http://www.pakistaneconomist.com/?p=28799 In the contemporary world, one cannot deny the importance of the strong economy for the wellbeing of the common people. As the modern world has become a global village, no country can afford to have a solitary economic system to succeed in this inclusive economic world. The modern economic system is based on a set …

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