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Business environment in Pakistan

  Rising cost of doing business, energy crisis & security issues are cause of concern for overseas investors To attract foreign investment is one of the top priorities of the present government with a view to improve economic growth in Pakistan. In this respect the Ministry of Finance is holding road shows at least six in six major cities including Dubai, Los Angles, New York and London this week. Although …

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Custom House Karachi

  Historically, a customs/custom house is a building housing the offices for the government staff that processed the paperwork for the trade of goods into and out of a country while Customs officials also charged customs duty on imported commodities. The house was typically situated near a seaport or in a city on a key river with access to the ocean. These cities performed as a port of entry into …

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How to develop microfinance in Balochistan?

  Micro credit banking has emerged out to be an effective tool to combat wide spread poverty in the third world countries. Provision of credit to the people at grassroots level and small firms is an excellent strategy to boost economic activities and generating job opportunities especially in Balochistan a country’s largest province, with nearly 44 percent of its surface area and a thinly dispersed population of around 7.5 million. …

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Energy conservation: A voyage from ICL to CFL

  Power shortfall was recorded at 2,400MW despite descending temperature due to rain. However, it may be noted that power shortfall has started rising from the level of 2,000MW and more is likely to take place soon the rainy weather is over. Present government took several initiatives to overcome the energy crisis and started enormous plan to develop not only energy resources but also energy conservation program. And one of …

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Economic impact of stronger rupee against the dollar

  Pakistan has been witnessing devaluation year after year ever since one can remember. People in general longed to see a stronger rupee. Depreciation was resulting in constant increase in price pushing more people below the poverty line. Currently the Rupee is trading between PKR98. No one can say for sure where the exchange rate will be in the future. Some predict devaluation to previous levels other claim another round …

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The history and significance of Pakistan Day

  The Lahore resolution which is more commonly known as the Pakistan resolution was a political statement, which the Muslim League adopted back in 1940. The three-day session took place between March 22-24 was held to call for Muslim autonomy within British India. The resolution was presented by A. K. Fazlul Huq and was interpreted to be a demand by the Muslim League for a separate nation for the Muslims …

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Pakistan’s resolution endorses strong federating units

  Quaid-e-Azam Muhammad Ali Jinnah had a clear vision of Muslim nationalism in the subcontinent and he presented it in crystal-clear words in his presidential address on the occasion of Pakistan resolution in 1940, when he said: “We are a nation with our own distinctive culture and civilization, language and literature, art and architecture, value and proportion, legal laws and moral codes, customs and calendars, history and tradition, aptitudes and …

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Expo Center in Pakistan

  It is heartening to note that the incumbent government has appointed S. M. Muneer as Chairman of Trade Development Authority of Pakistan (TDAP). The business community has reposed confidence in the new chairman, himself a leading exporter of textiles and clothing and leather and leather products besides having interest in other industrial entities. While the TDAP has enormous mandate as regards to boosting Pakistan’s exports, it is necessary to …

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Vast opportunities of export, investment exists in livestock

  Livestock is a vital sub-sector of agriculture in Pakistan as promoting dairy, meat and poultry business in this sector is more beneficial for the economic development of the country. Livestock contributed approximately 55.1 percent to the agriculture value added and 11.6 percent to the national GDP during 2010-12. Gross Value Added of the livestock sector at constant factor cost increased from Rs672 billion (2010-11) to Rs700 billion (2011-12) showing …

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Karachi Expo Center equipped with latest facilities

  Exhibitions make an important contribution to various business sectors globally. The more global a business sector the more significant the role of trade explains in introducing vendors to buyers and ensuring that industry players sustain contact with industry’s growth. Trade explains tend to be a celebration of success with successful firms exhibiting and visiting. These exhibitions do much great result than introduce one person to another of course. We …

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