Home / Tag Archives: industry

Tag Archives: industry

Past and present scenario of CNG in Pakistan

  The supply and use of CNG in the transportation industry has adversely affected the economy. CNG was introduced for transportation in late 90’s to counter the rise in price of oil which caused inflation from the supply side. The idea for introducing CNG was to provide cushion to the consumers specially the transportation network to keep the prices at low level. As the price of fuel based on international …

Read More »

‘Shining New’ vs. ‘Out-Of-Date’

  Imported used cars – A cause of discomfort for local industry The people in the local auto industry are on cloud nine after hearing from the government that the age limit for imported used cars has been reduced from five to three years. It is refreshing to hear such good news amidst the never ending plethora of unpleasant tidings. The government has given a reason to car buyers to …

Read More »

Construction industry-mother of economic activity

  Construction industry is one of the largest sectors having a large number of sub-sectors which provide a massive support to the economic development of any country. A vibrant construction industry is bound to create millions of job opportunities in view of its alliance with a large number of sub sectors like cement, steel, woodworks, tiles, glass fixtures and a variety of other industries. In this backdrop an active construction …

Read More »

Growth challenges for branchless banking in Pakistan

  The banking industry in Pakistan faces tough competition unleashed in the global arena. Information and Communication Technologies (ICT) have transformed the global economy bringing about a revolutionary change in the financial sector. This revolution finds manifestations today in shape of innovative banking products and services such as Automated Teller Machines (ATMs), Internet banking, tele-banking and so on. Online banking has introduced non-traditional channels of delivering services in the banking …

Read More »

The state of automobile industry in Pakistan and the role of imported and used cars

  The automobile industry and the auto parts manufacturers in the country have been suffering greatly due to the inconsistency in import policies and the widespread import of used cars taking place in the country. Personal baggage schemes are being used by used car importers, which are meant only to help overseas Pakistanis to import their used cars into the country. A number of the cars being imported in this …

Read More »

Insurance industry playing significant role in economic growth

  The insurance industry has been supporting economic growth by helping individuals and businesses to manage their risk in a more efficient manner. In order for sustainable economic growth to take place, an insurance industry is a must, which focuses on risk financing and management. However, in terms of growth, the insurance industry is not up to par with the economy since but officials in the industry are working on …

Read More »

Born of heavy industries in Pakistan – lack of capital a major obstacle

  Textile sector hit hard due to high interest rate, electricity, gas outages High interest rate, political instability, deteriorating law and order situation, frequent power and gas outages and high power and gas tariffs are not only hindering growth of investment but also putting an additional burden on the country’s industrial sector apart from squeezing the gross margins of industries. In Pakistan lack of capital is a major obstacle in …

Read More »

Growing Islamic finance industry

  Pakistan is a country where population is predominantly Muslim and the share if Islamic finance should have increased enormously by this time. The decision of State Bank of Pakistan (SBP) to let the two systems in parallel was good but the overall response of all the stakeholders, particularly the government has been lackluster. Bulk of the government borrowing from the local market has remained Riba-based, mainly through Treasury Bills …

Read More »

Utilization of PSPD vital for cement industry

  Hike in steel price may stall construction activity Utilization of Public Sector Development Program (PSPD) spending announced in Federal Budget 2014-15 worth Rs525billion, up 24 percent compared to previous one, is crucial for growth not only of the cement industry but other 48 industries allied to construction industry. However, it is important to mention that on one hand the implementation of development plan will help construction activity and allied …

Read More »

The future era in LNG

  Natural gas accounts for 50 percent of Pakistan’s total energy mix. The present shortage of 2,000mmscfd has led to the closing down of small and large scale industries and businesses across the country. The LNG Policy was issued in 2006 but so far no project relating to LNG has been materialized. This is the final attempt by the government to bring LNG to Pakistan. At present, Asia accounts for …

Read More »