Because of contained inflation in Pakistan, the Ministry of Finance revealed that there was rise in consumption both by private agents and general government. It was mentioned in a statement that for July-March FY2018 current account deficit remained at US$ …
Read More »Islamic banking is bound to prosper in Pakistan in both letter and spirit
To keep dominance in Islamic banking Meezan Bank bringing in more novel products with handy to younger generation Interview with Mr Irfan Siddiqui — President & Chief Executive Officer, (Meezan Bank) PAGE: Kindly tell us something about yourself and your …
Read More »Investment in education and health necessary for human capital development
With the contribution of human capital in total wealth growing globally, the creation of a skilled labor force that is more productive and better able to adopt and adapt to new technologies is at the core of a long-term growth …
Read More »Dividends of state investment in education and health
Education is critical to the social and economic development and has a profound impact on population health. Education and health projects in the public sector are considered to be the biggest initiatives any government can undertake. Undoubtedly spending on these …
Read More »Can state bank of Pakistan contain erosion in profitability of banks?
Commercial banks are the core providers of liquidity to the private sector and the biggest investors in government securities (Treasury Bills, Pakistan Investment Bonds and Sovereign Sukuk). These are also the biggest investors in the shares of public limited companies …
Read More »For economic healing both local and foreign investors need to be encouraged
Govt must hunt for transparent, friendly and consistent policies to lure investment Interview with Muhammad Abdul Aleem – CEO, Overseas Investors Chamber of Commerce and Industry PAGE: Your views on investment in Pakistan: ABDUL ALEEM: Pakistan or for that matter any …
Read More »NEW GOVT- FOCUS – Investment and financing in Pakistan (facts & Figures)
Foreign direct investment (FDI) overview in Pakistan ($ Million) Country 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 Jul-Sep 2019 Sector Wise FDI Oil & Gas 629.4 559.6 502 300.5 248.9 146 192.5 35.4 Financial Business -84.9 26.8 71.4 282.2 1,159.20 …
Read More »Davos in the desert: businesses are right to put principles before profit and pull out of Saudi investment conference
Siemens chief, Joe Kaeser has pulled out of the Future Investment Initiative conference in Riyadh, dubbed “Davos in the Desert”, amid outrage at the murder of Saudi journalist Jamal Khashoggi. Speaking on CNN, he said: “We are the ones who …
Read More »What more industrial zone can do for Pakistan’s economy
Pakistan has a huge advantage of its geographical location yet it could not avail the full advantage of its resources. Low foreign direct investment, the high cost of doing business, poor infrastructure, and political instability have impeded the economic growth …
Read More »Key role of multinational companies in Pakistan
Like other developing countries, foreign investment in Pakistan is widely considered an important vehicle for its economic growth. Pakistan provides numerous opportunities with attractive returns for multinational companies (MNCs); fully protects foreign investment under the law and has also signed …
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