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Going the extra mile

  Since Intel spawned the microprocessor revolution over 40 years ago, computing has come to affect nearly every element of life, and today we’re seeing it deliver significant changes to all sides of the world of sport. Like most companies, sports clubs are facing a data explosion caused by the increasing use of sensors, video feeds, and a variety of sources providing unprecedented levels of insight into athlete performance, which …

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Intel-Gright unveils best performing tablet, smartphone devices

  Intel Pakistan and Gright have introduced a new lineup of Android devices, including the first designs using Intel Atom Processor Z2500 Series specially designed for tablets and smartphones while a new class of smart tablets were also unveiled with readiness for 3G data and voice calling via SIM features with compatibility to major Telco providers in Pakistan. The announcement was made by Naveed Siraj, Country Manager, Intel Pakistan as …

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Auto sector: An emerging sector in Pakistan exports

  Top Chinese firm Zotye holding group taking interest to make Pakistan an export base country for automobiles Auto sector is one of the emerging sectors in Pakistan exports and efforts are being taken by Trade Development Authority of Pakistan (TDAP) for the promotion of exports of this sector to the world over. A leading Chinese Group Zotye Holding Group has expressed its interest to make Pakistan an export base …

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Islamic banking has an ample scope in consumer financing

  Knowledge, attitude and practices of Islamic banking “Knowledge, Attitude and Practices of Islamic Banking in Pakistan” was the theme of a research survey conducted by the State Bank of Pakistan (SBP) which in fact was the driving force behind the eye catching growth of the banking sector. According to the survey there is an overwhelming demand for Islamic banking in the country that is evenly distributed amongst rural and …

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Growth of consumer financing in Pakistan: issues & challenges

  Consumer financing has emerged out as one of most prolific aspects of banking in Pakistan as its products including credit cards, personal loans, auto loans and housing mortgage getting prominence and likely demand. It not only contributes towards facilitating the life patterns of consumers, but proves to be a source of improvement for the image building of the banks. Banking sector dealing in consumer finance products has witnessed an …

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Microfinance playing a vital role in wiping out poverty

  Pakistan has favorable environment for the growth and expansion of microfinance sector: EIU Over 2 million beneficiaries including non muslims are taking the productive use of Islamic microfinance worldwide Islamic banking industry has been showing a spectacular annual growth rate of over 30 percent over the past five years with sustained growth momentum despite substantial increased base. Islamic Banking has been expanded across 80 districts of the country with …

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Role of SMEs and its benefits associated with ongoing business

  In today’s times, small and medium enterprises (SMEs) are seen to be a universal solution to a majority of the problems being faced by the less-developed countries. Unemployment, lack of economic growth, and poverty are some of the problems, which are expected to be solved under this small scale sector. The faith in SME is constantly on the rise as the concept of manufacturing occurring anywhere is on the …

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SMEs generally considered more productive than large enterprises

  The expansion of SME sector is crucial to an economic revolution in Pakistan: experts Developing and developed countries have recognized the importance of Small Medium Enterprises (SMEs) which play an important role in the development of national economy. In Indonesia, United Kingdom, South Korea, Thailand, China, USA, Bangladesh etc, SMEs have historically been the main players in the domestic economic activities especially as providers of employment opportunities. SMEs are …

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Open economic system is considered as the stimulus factor behind Chinese economic growth

  By 2030, China’s economy could be 30 percent larger than that of US. China’s share of global GDP on Purchasing-Power-Parity (PPP) basis rose from 3.7 percent in 1990 to 14.3 percent in 2011 and rose to 16.06 percent this year. During the past 30 years, China’s economy has changed from a centrally planned system that was largely closed to international trade to a more market-oriented that has a rapidly …

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A heaven for stolen vehicles trade

  Chaman, a border city near Pakistan-Afghanistan border is one of the top junkyards of stolen vehicles in Balochistan where there are number of scrap yards enjoying such trade. Not only the stolen vehicles are dumped here but their engine and chassis numbers are also tampered at these junkyards. These vehicles are then sold out. The inter-provincial gangs of car lifters have been allegedly involved in snatching and transporting the …

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