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Importance of women empowerment

  Considering the role of women throughout the world today, it can be safe to say that change is definitely taking place. Not only do women now have better access to health services and education but jobs too are now being made available for them and with this kind of independence, the voices of women are also being raised in parliament. Empowerment of women, however, has been occurring slowly with …

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Empowering women financially

  Females are often termed weaker gender, mainly because of their body construction and also because of earning lower remuneration. This phenomenon is not unique in Pakistan but prevails throughout the world, even in the developed societies. If one studies Pakistani society few observations are most evident: 1) parents are reluctant in sending their daughters to educational institutions, 2) the general perception is that females should remained confined to their …

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Glowing role of telecommunication sector in growth of Pakistan

  Pakistan has been faced with a number of problems which include prolonged energy crisis, instability on the political front, a volatile security situation as well as questionable governance, all of which have caused hurdles for the country in being able to attract foreign investors. Despite these issues, however, the telecommunication sector seems to be doing well and is considered to be a rather lucrative business. Firms seems to be …

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Consumers protection in telecom: A right step taken

  Rights of the telecom clients, particularly the cellular subscribers in Pakistan, have lately been under focus mainly in relation to unverified SIMs and unlawful use of SIMs by other users without the information of the genuine subscriber. However, it has been believed that a lot of telecom clients are still unaware of their rights and the mechanism to defend consumer rights. Protection of consumers’ interest is one of the …

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Alan Greenspan: The man responsible for the darkest span of global economy

  Born of the parents that soon divorced after his birth, the bespectacled master central banker Alan Greenspan carries the baggage of a chequered reputation in the backdrop of 2008 crisis. When talking about him, people take to the two sides of the argument — some calling him “an antiregulatory zealot”, some respecting him as the “growth-oriented president of the Fed.” But almost all of them put at least “some …

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Chinese investment in Pakistan: a win-win situation both for China and Pakistan

  The massive Chinese investment to the tune of $42 billion is the first instance when a single country like China has practically shown its commitment to Pakistan economy, however, it would equally benefit to China on the back of strategic location of Pakistan in generation like Gwadar Port in particular, which will provide a short cut to transitional goods to and from China as no other country could offer …

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Pak-China FTA: opportunities and pitfalls

  Creation of WTO and arriving at the agreement to give all countries equal opportunities ushered a new era in international trade. Simultaneously, different trade groups emerged to ensure collective wellbeing, NAFTA was the first to emerge, that was followed by European Union (EU) and the story continued. From Pakistan’s perspective it is member of ECO and SAARC but both these blocs have remained muted. RCD was broadened and given …

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Fascinating foreign investment opportunities in Balochistan

  Presenting a greater investment opportunity to the foreign investors due to its gifted and natural wherewithal, the province Balochistan, is having all the potential sectors to open the road of economic prosperity for Pakistan. One of the ardent areas for investment in the province is Gwadar Port city which include fish processing, crabs processing, cold storage, ice factories, sea-water reverse osmosis desalination plants, shrimp farming, boat building and naval …

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Electronic banking: scope and prospects

  Pakistan’s Information Communication Technology (ICT) sector has witnessed tremendous growth during the last 15 years or so. Banking sector, though for the wrong reasons, has managed to keep pace with the ICT sector’s fast-paced growth. The abolition of fractional reserve system in 1971 and the post-crisis ‘Quantitative Easing’ have generated a spate of US dollars. These dollars, traveling on the vehicle of foreign trade, have infused the entire global …

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Banking sector performance: trend, outlook and challenges

  A strong trend in the growth and profitability of banking sector is judged by the stability in the monetary policy, increasing spreads, decrease in nonperforming loans (NPLs) and the selling of stakes by the government in banks to public. The experts see a good trend in banking performance in Pakistan. The country’s banking sector has four categories including large banks with total assets in excess of Rs500 billion; medium …

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