Home /

SHARE ON SOCIAL MEDIA:

Pakistan steel mills — past and present

  Pakistan Steel Mills (PSM) is the largest corporate entity owned by the government with production capacity of 5 million tons. Privatization of PSM was initiated under the reign of former prime minister Shaukat Aziz, which was met with controversy. The Supreme Court held the privatization effort as defined process and procedures were not followed. Sale of the country’s largest industrial unit went down the drain whereas the matter was …

Read More »

Public Private Partnership

  Many of the policy planners have the consensus is that the time has come for public-private partnership. It is on record that many of the state owned enterprises (SoEs) have been working very efficiently. It is also known that in some of the businesses, private sector is rather shy to invest because of: 1) huge capital outlay, 2) long gestation period, 3) lower return during the early years and …

Read More »

Banking sector review

  The banking sector through CY13 faced tough challenges with external factors including law and order situation, political uncertainty, strikes causing closure of bank branches in distressed areas to name a few. The State Bank of Pakistan (SBP) require banks to have minimum capital of Rs10 billion by December 2014, which will be a challenge for banks below the required threshold forcing another round of mergers and acquisitions review. The …

Read More »

Economic developments and outlook

  The State Bank of Pakistan (SBP) has taken various measures to manage inflation and interest rate. In September 2013, SBP linked minimum rate of return on average balances held in saving deposits with the floor of the interest rate corridor, which means return on saving deposits cannot be more than 50 bps lower than the floor of the interest rate corridor, which is currently at 7.5 percent. This measure …

Read More »

Shrimp farming on modern lines in Balochistan

  Balochistan makes up 70 percent of Pakistan’s total coastal line. Unfortunately, the province has been confined to merely on-shore water fishing due to lack of infrastructure facilities. The catch is spoiled as it is exposed to sun and impurities. In the absence of quality control regime, fresh and good quality fish find no access to national and international markets at large scales. Local fishermen are confronted with numerous problems. …

Read More »

Pak-Saudi relations gaining strength

  Bilateral relations between Pakistan and Saudi Arabia have reached it zenith during the last few months. There were high-profile visits from both sides and the two countries have developed relations on a number of fields. During the recent visit, the government of two sides agreed to take advantage of the opportunities available in the two countries for expanding and improving investment, trade, energy, infrastructure development, agriculture, human resource and …

Read More »

Port development in Pakistan

  Port benefits are increasingly distributed across different players and concern a geography that transcends the local community. This trend skews the assessment of the benefits of port investments, where the local impacts can be much less significant than the regional or national. Ports are considered as funnels to economic development since they act as a catalyst and incite development to take place in specific economic sectors and locations at …

Read More »

Saudi firm SALIC keens to invest in red meat

  While there is an abundant supply of red meat in Pakistan, the Saudi Agricultural & Livestock Investment Company (SALIC) has shown interest for making investment in red meat product of Pakistan. Tremendous potential in livestock sector of Pakistan has remained untapped since many decades despite the fact that we are ranked 19th in the world in meat production and 4th in milk production. Livestock sector provides employment opportunities for …

Read More »

Saudi Arabia – One of the largest trade partners of Pakistan

  Trade figures of last ten years reveal that Saudi Arabia is one of the largest trade partners of Pakistan. Besides bilateral trade between the two countries, Pakistan is the major recipient of workers remittances estimated over $4.1 billion in 2013 while the trend of home remittances indicate further increase in remittances from Saudi Arabia. It is important to note that the new democratic government in Pakistan has much better understanding with Saudi government, which is …

Read More »

Saudi investment in Pakistan: strong bilateral ties to continue

  Saudi Arabia and Pakistan, both being Muslim countries enjoy a cordial relation. Saudi Arabia has high regard for Pakistan for being the first Muslim country to hold nuclear power. Those seeking jobs in Saudi Arabia are given visa without any major hiccups. Prime Minister Nawaz Sharif after his exile from Pakistan lived in Saudi Arabia during which time he developed close ties with the Royal family. Saudi Arabia in …

Read More »