Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
The Food and Agriculture Organisation (FOA) of the United Nations has reported that rice production for this next season in Pakistan will reach about 9.7 million tons. It is much improved figure as compared to the last year’s production but is still lower than the bumper harvests of 2008 and 2009. Despite of massive destruction […]
Government deliberately holding-up on Iran gas project: Murtaza Mughal Tuesday, December 27: Dr Murtaza Mughal, president Pakistan Economy Watch (PEW) alleged the government of deliberately holding-up on Iran gas. The President said that the basis reason behind this delay is to please the United States. Mughal held that this policy of the government is damaging […]
2. Investment requirement Blogging and outsourcing has solved much of the problem in getting into a new business and these aforementioned industries are also cost effective with a diminutive risk of going insolvent. Furthermore, freelancing has made the life of the investors easy. There is a large pool of thinkers on the net and new […]
Technology has been the kingpin of every the economic boom in the history. The recent examples of economic stabilities and progress have all been made possible by latest innovations and inventions in the world of technology. The 1070s, 80s and 90s are all examples of it and there are buds of the new opportunities arising […]
The Pakistan Tourism Development Corporation (PTDC) has asked the government to provide a bailout package of worth Rs. 400 billion to the help ashore the drowning organisation. The PTDC has claimed that it has run out of funds to pay salaries to its employees, who have not been receiving their remuneration for more than three […]
PEPCO sinks further into debts Failing to make an adequate amount of recoveries from the Pakistani government and private sector, PEPCO (Pakistan Electric Power Company) sank further into debts. As on, Monday, December 26 the company owes Rs350 billion to various lenders. According to documents, Pepco’s receivables stood at Rs345.969 billion (provincial and federal governments […]
State Bank urges banks to improve their services Karachi: (Monday, December 26, 2011) While taking notice of the complaints regarding poor services rendered by a number of commercial banks in Pakistan, Deputy Governor State Bank of Pakistan (SBP) Muhammad Kamran Shehzad has urged them to focus on improving their service standards and serve the people […]
One factor behind ignorance is the multi-year transition of Chinese leadership that happens once in a decade. The Communist Party is on the verge of transferring the responsibilities to their successors and their plan is to do nothing until the next generation makes it to the helm. However, there are some things that the corporate […]
The Chinese economy is tumbling down but Chinese leadership seems to ignore the fact and along with the leadership is Justin Yifu Lin, chief economist for the World Bank, who supports the ideology that the economy will continue to grow. In the latest statement, the chief said: “China has the potential to achieve another 20 […]
Despite a ban imposed by the Cabinet Division on building new fuel stations along the Kashmir Highway, the city management has allowed the construction of fuel stations in the federal capital. The decision was passed by the city management before the newly-appointed CDA Chairman, Farkhanda Iqbal, assumed the charge of her designation. The Cabinet Division […]
Economy on a declining route; foreign direct investment to decline by 27-percent – SBP Karachi, Saturday, December 24, 2011: Foreign Direct Investment (FDI) in Pakistan has drastically fallen in last five months (July-November). As per the stats released by the State Bank of Pakistan, the reported decline in the FDI stands at 27%. Some of […]
Gas shortfall of 750 mmcfd likely to hit in January, SNGPL Lahore, Saturday, December 24, 2011: The Sui Northern Gas Pipeline (SNGPL) has been reported to face a shortfall of 550 mmcft currently. However, with temperatures declining further in the days to come, the shortfall is expected to fall further to 750mmcfd by next month. […]
