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The bulk of Pakistan's exports consist of low value commodities like chadar, chawal and chamra (textiles, rice and leather). These exports have declined from about 15% to about 8% of GDP since 2003. Pakistan's trade deficits are growing at an alarming rate as the imports continue to far outstrip exports. This situation is not sustainable. What must Pakistan do to improve it? What can Pakistan do to avoid recurring …
Added by Riaz Haq on September 2, 2018 at 4:00pm — 16 Comments
Pakistani diaspora bucked the 2016 global decline in remittances with a modest 2.8% increase over 2015, according to a recently released World Bank report. An estimated $19.8 billion remitted to Pakistan amounted to 6.9% of the country's GDP. This is a welcome relief coming on the heels of the State Bank of…
ContinueAdded by Riaz Haq on April 24, 2017 at 8:48pm — 6 Comments
Pakistan's energy consumption grew by 5.7% in 2015, faster than the 5.2% increase in neighboring India that claims significantly faster GDP growth. Primary energy consumption growth in a country is often seen as a strong indicator of its GDP growth. Ever since the advent of the industrial age, energy has become increasingly important as a driver of farms, factories, communication, transportation,…
ContinueAdded by Riaz Haq on July 24, 2016 at 11:42pm — 53 Comments
Pakistan is seeing soaring foreign direct investment (FDI) with improving security and the start of several major energy and infrastructure projects as part of China-Pakistan Economic Corridor (CPEC), according to the UK's Financial Times business newspaper.
A New High in FDI:
The year 2015 was a bumper year for …
ContinueAdded by Riaz Haq on March 12, 2016 at 9:30am — 32 Comments
China's state-owed banks will finance Chinese companies to fund, build and operate $45.6 billion worth of energy and infrastructure projects in Pakistan over the next six years, according to Reuters.
Major Chinese companies investing in Pakistan's energy sector will include China's Three Gorges Corp which built the world's biggest hydro power project, and China Power International…
Added by Riaz Haq on November 23, 2014 at 12:30pm — 54 Comments
#Pakistan is a rising star for multi-nationals in frontier markets along with #Nigeria, #Argentina, #Vietnam http://on.wsj.com/1p2g16O
After a recent survey by Japan External Trade Organization (JETRO) showing…
ContinueJapanese companies have "strong intentions to expand their business for the reasons of “sales increase” and “high growth potential.” in Pakistan. JETRO 2013 Report
Japanese companies doing business in Pakistan have ranked the country second in the world in terms of business growth, according to a survey conducted by the Japan External Trade Organization (JETRO).…
Added by Riaz Haq on January 31, 2014 at 6:00pm — 2 Comments
For at least two years in a row, BRIC has, in the words of SGS's Albert Edwards, stood for Bloody Ridiculous Investment Concept, not an acronym for populous emerging markets of Brazil, Russia, India and China as Goldman Sachs' Jim O'Neill saw it ten years ago.
In fact, O'Neill has himself expressed disappointment in India, one of the BRICs, a designation that has boosted…
ContinueAdded by Riaz Haq on December 11, 2011 at 9:58am — 13 Comments
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Pakistani student enrollment in America's institutions of higher learning rose 16% last year, outpacing the record 12% growth in the number of international students hosted by the country. This puts Pakistan among eight sources in the top 20 countries with the largest increases in US enrollment. India saw the biggest increase at 35%, followed by Ghana 32%, Bangladesh and…
ContinuePosted by Riaz Haq on April 1, 2024 at 5:00pm
Pakistan's agriculture sector GDP grew at a rate of 5.2% in the October-December 2023 quarter, according to the government figures. This is a rare bright spot in the overall national economy that showed just 1% growth during the quarter. Strong performance of the farm sector gives the much needed boost for about …
ContinuePosted by Riaz Haq on March 29, 2024 at 8:00pm
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