Finance – Pakistan & Gulf Economist http://www.pakistaneconomist.com Pakistan's Business Financial Magazine Thu, 05 Dec 2019 13:10:21 +0000 en-US hourly 1 https://wordpress.org/?v=5.1.3 How daylight saving time can mess with financial markets http://www.pakistaneconomist.com/2019/10/28/how-daylight-saving-time-can-mess-with-financial-markets/ http://www.pakistaneconomist.com/2019/10/28/how-daylight-saving-time-can-mess-with-financial-markets/#respond Sun, 27 Oct 2019 19:02:08 +0000 http://www.pakistaneconomist.com/?p=34105 A number of studies show that daylight savings time harms people’s decision making processes due to the disturbance it has on their circadian rhythm or body clock. For example, research finds that people experience more pronounced mood swings shortly after daylight saving time ends. After daylight saving time is introduced there are more car accidents …

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How multinationals continue to avoid paying hundreds of billions of dollars in tax – new research http://www.pakistaneconomist.com/2019/10/07/how-multinationals-continue-to-avoid-paying-hundreds-of-billions-of-dollars-in-tax-new-research/ http://www.pakistaneconomist.com/2019/10/07/how-multinationals-continue-to-avoid-paying-hundreds-of-billions-of-dollars-in-tax-new-research/#respond Sun, 06 Oct 2019 19:03:42 +0000 http://www.pakistaneconomist.com/?p=33283 Tax havens have become a defining feature of the global financial system. Multinational companies can use various schemes to avoid paying taxes in countries where they make vast revenues. In new research, my colleague Petr Janský and I estimate that around US$420 billion in corporate profits is shifted out of 79 countries every year. This …

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How IMF programmes can increase corruption http://www.pakistaneconomist.com/2019/09/30/how-imf-programmes-can-increase-corruption/ http://www.pakistaneconomist.com/2019/09/30/how-imf-programmes-can-increase-corruption/#respond Sun, 29 Sep 2019 19:03:02 +0000 http://www.pakistaneconomist.com/?p=33039 Corruption is one of the greatest obstacles to economic development. It deprives nations of income to invest into public services, with adverse implications for education, health, well-being, and prosperity. The Global Economic Forum estimates that corruption costs the public coffers US$2.6 trillion a year. Why is corruption so difficult to control? Scholars have long blamed …

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Islamic Finance towards partnership – hindrances & possible solutions http://www.pakistaneconomist.com/2019/09/23/islamic-finance-towards-partnership-hindrances-possible-solutions/ http://www.pakistaneconomist.com/2019/09/23/islamic-finance-towards-partnership-hindrances-possible-solutions/#respond Sun, 22 Sep 2019 19:57:53 +0000 http://www.pakistaneconomist.com/?p=32579 Islamic Banking and Finance practices are running and growing at the rapid pace and has been proved itself as a viable financial system before the conventional economic and banking system. Here, we must consider whether the prevalent practices are fulfilling the Islamic socio-economic goals and objectives. If not, there is a need to determine the …

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Efforts needed to encourage personal financing http://www.pakistaneconomist.com/2019/07/29/efforts-needed-to-encourage-personal-financing/ http://www.pakistaneconomist.com/2019/07/29/efforts-needed-to-encourage-personal-financing/#respond Sun, 28 Jul 2019 19:56:47 +0000 http://www.pakistaneconomist.com/?p=31003 With a population of over 200 million, Pakistan is the second largest economy of South Asia. The soaring inflation and rising unemployment rate demands promotion of savings culture in the country. The various saving schemes offered by the government or semi-government or private organizations helped an individual to manage hard-earned money. In broader sense, such …

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Re-visit of personal finances process in the country http://www.pakistaneconomist.com/2019/07/29/re-visit-of-personal-finances-process-in-the-country/ http://www.pakistaneconomist.com/2019/07/29/re-visit-of-personal-finances-process-in-the-country/#respond Sun, 28 Jul 2019 19:55:10 +0000 http://www.pakistaneconomist.com/?p=31042 Personal finance is the management of financial resources. Saving helps us to overcome significant problems in our lives. To manage our income means to start a journey towards financial freedom. This does not necessarily mean having a luxurious life, but to adopt effective measures of achieving a certain comfort efficient management of money for each …

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Spending records and saving awareness can help grow country’s economy http://www.pakistaneconomist.com/2019/07/29/spending-records-and-saving-awareness-can-help-grow-countrys-economy/ http://www.pakistaneconomist.com/2019/07/29/spending-records-and-saving-awareness-can-help-grow-countrys-economy/#respond Sun, 28 Jul 2019 19:48:33 +0000 http://www.pakistaneconomist.com/?p=30991 Interview with Mr Hamad Rasool Bhullar – a researcher, trainer in finance, corporate governance and Shariah-compliant management PAGE: Tell me something about yourself, please: Hamad Rasool Bhullar: I am currently working in a large public sector organization. With respect to the financial sector, I have been involved in research and training for over 27 years and …

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Personal Finance & Savings (Facts & Figures) http://www.pakistaneconomist.com/2019/07/29/personal-finance-savings-facts-figures-30-19/ http://www.pakistaneconomist.com/2019/07/29/personal-finance-savings-facts-figures-30-19/#respond Sun, 28 Jul 2019 19:46:29 +0000 http://www.pakistaneconomist.com/?p=30897 Credit/Loans Classified By Borrowers (Million Rupees) Description Mar-19 Apr-19 May-19 June-19 P 1. Credit to Government Sector (A+B) 10,884,779 11,162,102 11,671,544 12,403,397 2. Credit to Non Government Sector (A+B) 7,788,334 7,774,188 7,775,866 7,838,043 A. SBP Credit to Non Govt. Sector 25,912 25,579 26,032 25,925 B. Scheduled Banks Credit to Non Govt. Sector (I+II+III) 7,762,423 7,748,609 …

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Developing future of automobile finance http://www.pakistaneconomist.com/2019/07/15/developing-future-of-automobile-finance/ http://www.pakistaneconomist.com/2019/07/15/developing-future-of-automobile-finance/#respond Sun, 14 Jul 2019 19:50:36 +0000 http://www.pakistaneconomist.com/?p=30529 Automobile finance is a financial activity that integrates funds in the process of production, circulation, and consumption of automobile, mainly including fund procurement, credit utilization, and relevant insurance and investment activities. It is an inevitable result of auto industry integrating banking business. The connotation of auto finance are continuously enriched with the expansion of auto …

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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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