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Post budget analysis: impact on sectors

  The government has announced the budget for the year 2015-16 which is being met with mixed reviews. Some believe that the budget will increase inflation there by squeezing the middle class while others have their own opinion on each of the economic sectors. In addition, this year’s tax has brought in some of new sectors under the tax net. Summary of the budget for 2014-15 and key features with …

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Warid telecom tops 4G LTE customers in Pakistan

  With its 10th anniversary, Warid Telecom has achieved yet another milestone by becoming Pakistan’s largest and fastest growing 4G LTE network in less than 6 months. The company’s triumphant progress lies in its unflinching devotion and commitment to the provision of advanced services for its valuable customers. Having attained immense popularity, Warid Telecom owes its ground-breaking repute to the numerous services it has brought forth in the last decade, …

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Does the world need a fresh ‘new deal?’

  Modern world’s financial mercenary, the corporate sector, has a history of sweeping aside every obstacle that hindered its way to the most “pious” goal of profit maximization. Historically, the so-called free market neither encouraged free competition nor did muster tolerance for government control over business. Free market always meant giving a “free hand” to big money to crush small money. Capitalism, now frequently described as American capitalism to highlight …

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State of education in Sindh

  The education sector in the country is full of inequalities when the public and private sector are taken into consideration. The conditions of schools which are run privately and those run by the government are in no way comparable with the former certainly outperforming the latter. The condition of government-run schools in Sindh in particular can be judged from the fact that almost 22,000 schools are found without having …

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Karachi the engine of growth but has poor infrastructure and management

  Karachi is the financial capital of Pakistan with most businesses, banks, various companies in the financial sector calling Karachi home. Being the business hub for Pakistan, it is estimated that at least 50,000 people a month travel to Karachi from various small towns and cities seeking jobs. Karachi is also the epic centre for various construction activities both commercial and residential. Karachi accounts for 54 per cent of the …

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Housing industry poised to take a new direction

  The policy makers have once again realized the important of home, which is one of the basic needs of every individual in a civilized society as every one desire to have a decent place that is ones’ own house. However is painful to see that this genuine need remains a dream for millions of the people primarily due to economic disparity and unjust distribution of resources that has rendered …

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Boom of handheld devices and telecom

  Mobile phones have been an every growing business in Pakistan, which affects demand and use for online banking. The cellular industry of Pakistan is regarded to be the best in Asia in terms of sales and has attracted many foreign cellular operators for investments. China looks at the Pakistani market with hawk’s eye. China has an ever-growing market for phones and the best market for Chinese brands is Pakistan. …

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Fast emerging 3g and 4g services in Pakistan

  Worldwide IT spending has grown every year since 2005 and it was projected to increase further this year as it was raised last year. Of the US$3,673 billion spent on IT during 2013, US$922 billion was spent in the IT services industry and US$300 billion was spent on enterprise software. However, the enterprise software industry is predicted to increase more with revenue predicted to hit US$344 billion by 2015. …

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Demand for smartphones growing amid Wifi services

  Smartphones segment is the main growth contribution of the telecom devices market in Pakistan Smartphone penetration grew at a steady pace as it accounted 13% in January 2013, 23% in January 2014 and subsequently reached 31% by January 2015. According to recent market analysis, with 600k units sold in January 2015, smartphones segment is the main growth contribution of the telecom devices market in Pakistan. Development of Low End …

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Smartphone becoming popular in Pakistan

  There has been a complete change in the people’s lives moving from regular mobile handsets to smartphone over the years. The development of telecom and mobile services had the substantial prospective to influence socio-economic development further through the provision of high value 3G and 4G data services from smartphone to businesses and consumers across the region. Pakistan with the population of about 200 million is the 6th most populated …

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