TRUTH OR JUGGLERY on January 15, 2020As per data released by Ministry of Commerce few days back, Pakistan’s trade deficits has declined by 30.58% I.e. 5,129 Million US Dollars during first half of fiscal year 2019-20 as compared with first half of last fiscal year 2018-19. Decline is mainly coming from decrease in imports worth 4,770Million US Dollars. Exports of Readymade […]
UTILITY STORES CORPORATION — A MISMANAGED GOLD MINE on March 20, 2019Since August 2018, Utility Stores Corporation of Pakistan (USC) has taken fair bit of lead in media.Despite its large network of around 5,000 outlets and more than 14,000 employees, USC is witnessing turbulent times since year 2013. USC has suffered cumulative loss of around 13.6 Billion since 2013. Declining sales and increasing losses are increasing […]
Invest in Pakistan lucrative economy on August 6, 2018Pakistan economy is currently growing at 5.79% and is all set to become 18th largest economy by 2050. Currently The economy of Pakistan is the 25th largest in the world in terms of purchasing power parity (PPP), and 42nd largest in terms of nominal gross domestic product. Pakistan has a population of over 207 million […]
Crowdfunding an alternative to foreign funding on June 19, 2018Train of Pakistan Economy is fast approaching a station that calls for mandatory external funding in order to move ahead. Pakistan trade gap is mounting every passing day. Trade deficit currently stands at $34 billion and has already surpassed revised target of $29.4 billion. Measures to curb imports have not worked as well and exports […]
How to bridge the gap between academia and industry? on May 6, 2018Unemployment in any country is a grave concern. It can be attributable to multiple factors like slow economic growth, slow industrial growth, lack of investment opportunities etc. There is another important aspect which is often ignored. While academia is complaining for slow job market, industry is complaining about non availability of quality resources. It’s quite […]
Gray market a serious concern of modern multinational retailers in Pakistan on February 8, 2018With improved security situation and positive economic indicators, multinational modern retailers have started looking for opportunities to enter or expand in Pakistan market. With rising middle class of Pakistan and improved disposable income, Euro Monitor International has forecasted expansion of market by 8.2%. They have predicted that Pakistan’s retail stores are expected to increase by […]
Inflation wave just around the corner on December 15, 2017Pakistan has seen steep devaluation of currency in last few days. Since December 2015, the rupee traded between a strict band varying between 104 and 105 rupees to the dollar. The State Bank withdrew its support on Friday, and currency had plunged down to be traded on level of 110.2 as on Thursday mid-day. Such […]
Dire need to save Pakistan from expected financial crisis on December 10, 2017Widening trade gaps, declining foreign exchange reserves and debt servicing pressures are indicating towards a financial crisis. Economists & analysts are buzzing the alarm every day. Unfortunately, the finance minister being on a leave has led to disconnect between financial policy makers and the public. Investors are heavily relying on unofficial sources of data while […]
‘Paradise Papers’ give another jolt to offshore havens on November 9, 2017A set of more than 13.4 million documents leaked by law firm Appleby has exposed multiple top-notch companies and elites investing in tax havens; another horrifying endorsement of the fact that world economy is being controlled by few billionaires and how they multiply it by avoiding their fair share of taxes. Besides former Pakistan prime […]