Posts Tagged ‘Economy’

Constant price hike: Save Pakistanis from hunger

By Shaukat Masood Zafar Pakistan is facing many serious problems nowadays, but the problem of price-rise is the most serious one. The government of Pakistan and LPG producers has recently dropped three more bombshells on the people of Pakistan by increasing the price of oil products. Though many of the petroleum products are deregulated now [...]

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What Are the Main Reasons to Be Cautious of Mobile Banking?

Mobile banking is still a fairly new technology. More and more people are now using their mobile devices to check their balances, make payments and do everything else that we’re used to doing online: so are there any reasons for caution, any more so than there would be were you doing your online banking via [...]

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Controlling inflation in Pakistan

Present Pakistan People’s Party Government has totally failed to control inflation. The cost of the ever worsening problem is constantly being paid by the people of Pakistan without any iota of respite. People are facing unprecedented high inflation together with high unemployment, a decline in Growth Rate and decreased currency value, and high food and [...]

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Strategic Changes in ZTBL operations – Innovating Rural Finance

In today’s ever-changing world, the only thing that doesn’t change is ‘change’ itself. Change is–and always has been–an inevitable part of life. Corporate entities are today on the lookout for new solutions for their business problems. Rapid changes in the public services’ working environment require regular review of their codes of conduct and there is [...]

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Loan Modification Nevada Guide

Loan Modification Nevada This is a difficult time for many homeowners.  A lost job or even a reduction in your pay or in the hours worked are facts of life in the current economy.  Employers are closing down, moving, or cutting back.  In order to stay in business, many companies are forced to cut back [...]

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Pakistan Budget 2011-12: An Overview

Last day finance minister Abdul Hafeez Sheikh has unfolded the Budget of Pakistan for the year 2011-12. In Budget 2011-12 the main debating point is, how the government handles the huge fiscal deficit and the degree up to which the economy boost. According to the estimates, the budget outlay for the coming year is set [...]

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Building Social Capital: Islamic Perspective

“Social capital refers to the institutions, relationships, and norms that shape the quality and quantity of a society’s social interactions. Increasing evidence shows that social cohesion is critical for societies to prosper economically and for development to be sustainable. Social capital is not just the sum of the institutions which underpin a society – it [...]

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Allied Bank Limited announces major network award to Multinet Pakistan (Pvt.) Limited

Allied Bank Limited (ABL) today announced that it has awarded a major contract to Multinet Pakistan (Pvt.) Limited for the upgrade of its nationwide primary branch connectivity on Optical Fiber, thereby reinforcing ABL’s position as one of the top financial institutions of Pakistan. ABL initiated an intensive vendor evaluation to find the best solution to [...]

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Summit Bank – A Valuable Addition to Pakistan’s Banking Industry

The re-launch of Summit Bank (formerly Arif Habib Bank) was announced by the bank’s management at a press briefing session held at a local hotel. Summit Bank is one of the fastest growing Commercial Banks of the country supported by an overseas investment entity – Suroor Investment Limited. After the successful merger with Atlas Bank, [...]

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IGI Income Fund Receives A+ Rating

JCR-VIS Credit Rating Company Ltd. (JCR-VIS) has assigned a preliminary fund stability rating of A+(f) (Single A plus (f)) to IGI Income Fund (IGIIF). This credit rating is indicative of stable returns with a sound credit risk profile. IGIIF was introduced by IGI Funds Limited in April 2007 and has since demonstrated consistent growth and [...]

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