Trade – 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 Pakistan’s economy in-between IMF and FATF trap http://www.pakistaneconomist.com/2019/05/06/pakistans-economy-in-between-imf-and-fatf-trap/ http://www.pakistaneconomist.com/2019/05/06/pakistans-economy-in-between-imf-and-fatf-trap/#respond Sun, 05 May 2019 19:59:00 +0000 http://www.pakistaneconomist.com/?p=28388 A trade deficit occurs when an economy is importing more goods than it is exporting. The deficit equals the value of goods imported less the value of goods being exported. For example, Pakistan is importing goods worth USD 15 billion from China while exporting goods worth USD 1.8 billion only, the trade deficit with China …

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Maritime transport: serving as an example http://www.pakistaneconomist.com/2019/04/15/maritime-transport-serving-as-an-example/ http://www.pakistaneconomist.com/2019/04/15/maritime-transport-serving-as-an-example/#respond Sun, 14 Apr 2019 19:57:13 +0000 http://www.pakistaneconomist.com/?p=27632 Maritime transport, which plays a vital role in the development of the country, comprises ports, shipping, shipbuilding and ship repair, and inland water transport systems. The growth in international trade and removal of trade barriers have made the developing countries to concentrate more on the improvement of their infrastructure, like roads, airports, seaports, which play …

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Gwadar: an emerging logistics hub in Asia http://www.pakistaneconomist.com/2019/04/15/gwadar-an-emerging-logistics-hub-in-asia/ http://www.pakistaneconomist.com/2019/04/15/gwadar-an-emerging-logistics-hub-in-asia/#respond Sun, 14 Apr 2019 19:54:34 +0000 http://www.pakistaneconomist.com/?p=27626 Experts define a logistics hub as the integrated center for transshipment, storage, collection, and distribution of goods. Broadly speaking, the specific area designated to deal with activities related to transportation, organization, separation, coordination and distribution of goods for national and international transit, on a commercial basis by various operators is called logistics hub. To many …

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Pakistan’s progress in technology: challenges ahead http://www.pakistaneconomist.com/2019/04/08/pakistans-progress-in-technology-challenges-ahead/ http://www.pakistaneconomist.com/2019/04/08/pakistans-progress-in-technology-challenges-ahead/#respond Sun, 07 Apr 2019 19:59:42 +0000 http://www.pakistaneconomist.com/?p=27363 We now live in the era of rapid globalization and unprecedented advancement in technology. Technology has become a yardstick for a country’s socio-economic development and it is widely accepted that technology is the key driver of economic growth of countries. It plays a strong role not only in increasing productivity but also provides better living …

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GCC states, Pakistan’s next door trade neighbors http://www.pakistaneconomist.com/2019/04/01/gcc-states-pakistans-next-door-trade-neighbors/ http://www.pakistaneconomist.com/2019/04/01/gcc-states-pakistans-next-door-trade-neighbors/#respond Sun, 31 Mar 2019 20:03:59 +0000 http://www.pakistaneconomist.com/?p=27145 Ties between Pakistan and Gulf Corporation Council (GCC) have been strong for decades. Much of Pakistan’s interaction with these GCC counties revolves around its multidimensional ties with the GCC’s core state, Saudi Arabia. Pakistan-Saudi ties have a much deeper basis, people-to-people ties are strong and there are numerous Pakistani expatriates – around 2 million — …

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CPEC benefits: Pakistan offers investment opportunities to Saudi Arabia and UAE http://www.pakistaneconomist.com/2019/04/01/cpec-benefits-pakistan-offers-investment-opportunities-to-saudi-arabia-and-uae/ http://www.pakistaneconomist.com/2019/04/01/cpec-benefits-pakistan-offers-investment-opportunities-to-saudi-arabia-and-uae/#respond Sun, 31 Mar 2019 19:56:21 +0000 http://www.pakistaneconomist.com/?p=27100 Gwadar soon will become ‘base station’ for import and export of oil to Middle East Saudi Arabia has shown a keen interest in China-Pakistan Economic Corridor (CPEC) primarily to relate its economy with China and take steps in achieving its Vision 2030, which aims to diversify the economy with energy mega projects to reduce oil dependency. This …

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Trade Relations between Pakistan & The GCC (Facts & Figures) http://www.pakistaneconomist.com/2019/04/01/trade-relations-between-pakistan-the-gcc-facts-figures13-19/ http://www.pakistaneconomist.com/2019/04/01/trade-relations-between-pakistan-the-gcc-facts-figures13-19/#respond Sun, 31 Mar 2019 19:46:28 +0000 http://www.pakistaneconomist.com/?p=27064 Workers’ Remittances (Million US Dollars) Item Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 1 U.A.E. 308.13 419.41 350.35 351.34 352.12 335.66 Dubai 206.55 281.20 232.81 228.38 225.94 227.06 Abu Dhabi 98.36 134.05 113.76 119.15 121.56 104.79 Sharjah 2.88 3.77 2.60 2.24 2.65 1.74 Others 0.34 0.39 1.18 1.57 1.97 2.06 2 Other GCC Country 134.49 200.87 …

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Growth of macroeconomics, export-led industries good for Pakistan shipping future http://www.pakistaneconomist.com/2019/03/25/growth-of-macroeconomics-export-led-industries-good-for-pakistan-shipping-future/ http://www.pakistaneconomist.com/2019/03/25/growth-of-macroeconomics-export-led-industries-good-for-pakistan-shipping-future/#respond Sun, 24 Mar 2019 19:48:53 +0000 http://www.pakistaneconomist.com/?p=26930 Key issue of long overstayed containers need to be addressed promptly Interview with Mr. Abdullah Farrukh — CEO, Pak Shaheen Freighters (Pvt) Ltd PAGE: Give us a bit background of your company and group; how it started and carried its work forward? Abdullah Farrukh: Since its inception in 1981, the Pak Shaheen Group has attained a …

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Visit of CPBC delegation to Pakistan Stock Exchange http://www.pakistaneconomist.com/2019/03/18/visit-of-cpbc-delegation-to-pakistan-stock-exchange/ http://www.pakistaneconomist.com/2019/03/18/visit-of-cpbc-delegation-to-pakistan-stock-exchange/#respond Sun, 17 Mar 2019 19:52:39 +0000 http://www.pakistaneconomist.com/?p=26661 A delegation of Canada Pakistan Business Council (CPBC) visited Pakistan Stock Exchange (PSX) to open the trading session with the gong ceremony. CPBC, a non-profit organization based in Canada promotes trade between Canada and Pakistan. The Council has organized several trade missions to and from Canada, which have resulted in investments in various sectors of …

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Trade wars are growing over the digital economy – and developing countries are shaping the agenda http://www.pakistaneconomist.com/2019/03/18/trade-wars-are-growing-over-the-digital-economy-and-developing-countries-are-shaping-the-agenda/ http://www.pakistaneconomist.com/2019/03/18/trade-wars-are-growing-over-the-digital-economy-and-developing-countries-are-shaping-the-agenda/#respond Sun, 17 Mar 2019 19:05:39 +0000 http://www.pakistaneconomist.com/?p=26769 At the heart of the current US trade war with China is tariffs on imports like steel, sorghum and silicon chips. But, with the growing role of data and digital technology in the world economy, a new arena of digital trade conflict is on the cards. Rapid growth in e-commerce, cloud computing, and other parts …

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