The business crisis in Karachi is one of the most pressing issues of our time. The local shopkeepers and other small businesses are facing unprecedented challenges due to the increasing taxes, electricity bills, gas shortages, and the closure of many industries. Pakistan Economic crisis impact and tsunami of inflation This has led to a decrease …
Tag Archives: Business
Sports Goods Industry in Pakistan
Pakistan’s sports goods industry is an important sector of the country’s economy, providing employment opportunities and generating revenue through the production and export of a wide variety of sports-related products. The industry is particularly known for its production of high-quality soccer balls and other sporting equipment, including cricket bats, hockey sticks, and fitness equipment. The …
KPK to Develop Agricultural Sector with Saudi Help
Pakistan has focused greatly on the development of the agricultural sector and now the government of Khyber Pakhtunkhwa (KPK) held a meeting to improve the agricultural sector of the region. The former governor of KPK, Shah Farman held a meeting at the Saudi Royal Embassy to discuss the production capacities and investment opportunities for the …
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Pakistan Economic crisis impact and tsunami of inflation
Pakistan has been facing an economic crisis in recent years, which has been exacerbated by high levels of inflation. Inflation is the sustained increase in the general price level of goods and services in an economy over a period of time. When the general price level rises, each unit of currency buys fewer goods and …
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Mastercard Economics Institute Releases Economic Outlook for 2023
As the year 2022 is nearing its end, analysts are looking at the possibilities 2023 can bring. The Mastercard Economics Institute released its annual forecast for a multi-speed global economy in “Economic Outlook 2023.” However, what does a multi-speed global economy mean? According to the Mastercard Economics Institute, the multi-speed global economy means that some …
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KATI Celebrates Govt’s Decision to Lift Ban on LCs
Karachi: President of Korangi Association of Trade Industry (KATI) Faraz-ur-Rehman welcomed the decision by the government and State Bank to lift the ban on LCs. KATI termed it as optimistic for the economy. President KATI said that the government had accepted the long-standing demand of the business community, and the ban would have created a …
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Balochistan to Go Ahead with Reko Diq Project
The Balochistan government is all set to move ahead with the Reko Diq project to turn Balochistan into a trade hub despite facing internal and external troubles. Reko Diq project started in 1993 but could not continue because of many factors. However, the Balochistan government will make it happen this time. Reko Diq Project Continues …
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Pakistan International Airlines Increases Ticket Fares
Pakistan International Airlines and private airlines have jacked up ticket prices, both domestic and international. the reason for this price hike is because of a huge gap between supply and demand. Furthermore, Pakistan international airlines increased the prices because of the holiday season as well. Christmas, Winter, and New Years’ holidays are right around the …
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Trade Authority of Pakistan Empowers Women Through Finance Training
Now more than ever, women are starting to venture into the business community to build themselves and their lives and also empower other women to do the same. First Women Bank Limited is also an empowering opportunity for women situated in Karachi, Pakistan to support women in their business ventures and provide them with resources …
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Saudi Arabia to Build Tower Taller Than Burj Khalifa
Saudi Arabia’s Public Investment Fund (PIF) is planning to establish a tower structure that will be taller than Burj Khalifa. Saudi Arabia Public Investment Fund is developing an 18-square-kilometer masterland in the north of Riyadh The tallest building in the world is Dubai’s Burj Khalifa and its height is around 828 meters. The new project …
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