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Arooj Asghar

Pakistan’s insurance sector

  Insurance in Pakistan has come a long way since the time when businesses were tightly regulated and concentrated in the hands of a few public sector insurers. Factors like slowdown of economic activities, law and order issues and high inflation are deteriorating the performance of this sector. Though insurance market in Pakistan is highly concentrated in urban areas and many insurance companies are subsidiaries of large industrial groups that …

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Burning midnight coal

  It is important for Pakistan to increase the generation capacity of the country; unfortunately relevant ministry couldn’t address the power crisis as quickly as was expected by the people. It’s simply because there has never been a long-term, realistic policy on power generation. Pakistan meets its power requirement from hydro, furnace oil fired steam, combined cycle gas plants and diesel oil fired electricity generating plants. Currently about 30 per …

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Trade with India

  Pakistan and India offer natural markets for each other’s export products and both countries are pursuing policies of trade liberalization since early 1990s. In their mutual trade, they can enjoy the advantages of reduced transaction costs and quicker delivery due to geographical proximity, common language and a heritage of common physical infrastructures. During the first half of the current fiscal year, the two-way trade stood at USD 1.1 billion …

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Branchless banking in Pakistan

  Pakistan is one of the fastest developing markets for branchless banking in the world where 90% of total bank branches are currently processing real time online banking services across the country. During the last five years average shows that 36 per cent of the transactions were routed through electronic channels depicting a 23 per cent average yearly growth as compared to 2 per cent average growth in paper based …

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Performance of corporate sector 2012

  Pakistan faces new challenges and opportunities every day. Reduced availability of financing for capital investment, unsafe working environment, law and order situation, continuous devaluation of rupee against other currencies, lack of gas and electricity and constant pressure for reviving the economy are just a few. Corporate sector vulnerabilities and poor governance in general are frequently being identified as important contributors to the Pakistan’s current financial crisis. Despite all this, …

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