Tag: Growth

Trade between eurozone powerhouses Germany and France and the rest of the world produced mixed results in April, official data showed Wednesday, underscoring forecasts...

The gross domestic product (GDP) growth rate fell to 2.4 percent, almost half of the projected target of 4.5 percent, tax revenue in the...

The slower growth of labour productivity in comparison with regional competitors is the most crucial economic challenge the country faces. Research indicates that Pakistan...

The Planning Commission (PC) of Pakistan is all set to unveil its ‘Pakistan Economic Growth Framework’ in the National Economic Council (NEC) meeting, which...

The Indian Premier League has been as noisy and flamboyant as ever, but some experts believe it has suffered a poor year caused by...

The telecom industry in Pakistan faces an alarmingly high tax rate of 33.2 percent, particularly in the context of regional competitors, which strongly crimps...

Eurozone growth topped US and pre-crisis levels in powerhouse Germany, EU figures showed Friday, but divergences between accelerating northern output and the debt-laden southern...

NetSol Pakistan has registered solid growth during the third quarter, as it reported revenues of Rs 616.62 million, a 25.44 increase compared to Rs...

The judicial enforcement of Intellectual Property Rights (IPR) is critical to economic growth of a country and also ensures safety of the consumers, said...

ISLAMABAD - Mobilink, Pakistan's market leader in cellular services and part of Orascom Telecom Holding (OTH) has posted growth in revenues, EBITDA as well as subscriber base for the year 2010 as compared to 2009.
According to the Full Year Earnings Release issued by OTH, for the year ending December 2010, Mobilink has registered 8.7percent growth in revenues at PKR 94.3 billion in 2010 as compared to PKR 86.8 billion in 2009, says a press release.
The company's EBITDA also

KARACHI - The mutual funds in Pakistan achieved 15 percent growth in the nine months of the ongoing financial year. As far as the performance in different categories is concerned, the size of open-ended funds which stood at five percent increased by four percent in 3QFY11 reaching Rs 203 billion while the size of the closed end funds came at Rs26 billion, showing a decline of four percent during 3Q-FY11.
However, mutual funds witnessed slow growth during 3QFY11, as its assets

KARACHI - Mobilink, Pakistan's market leader in cellular services and part of Orascom Telecom Holding (OTH), has posted growth in revenues, EBITDA and subscriber base in 2010. According to the full year earnings release, issued by OTH, Mobilink has registered 8.7 percent growth in revenues, at Rs 94.3 billion, in 2010 compared to Rs 86.8 billion in 2009.
The company's EBITDA also showed an annual growth of 17.8 percent and reached Rs 37.3 billion in 2010 compared to Rs 31.7

LAHORE The government should create space and incentives for the private sector to play the dominant role in the growth process and economic activity. The main argument in the new growth framework is that growth should be market-led and not state-led, private sector should be the main driver of growth, and if allowed to, the market will generate innovations, entrepreneurship, and transformation of cities and youth employment, the authors of a report recently prepared by the Planning

KARACHI - The local bourse is likely to observe a relatively dull period in April-June11, as budget expectations and fears have started to engulf the investors' minds.
Khurrum Shehzad at Investcapital stated in his analysis that from a medium-to-long term perspective, KSE-100 still offers a better deal on pay/receive scale with huge discounts of 60 percent amongst world peers. He establishes that the Pakistan benchmark equity index, KSE-100, has almost always provided an

ISLAMABAD - The International Monetary Fund on Tuesday released a programme note on Pakistan, saying the real GDP growth was unlikely to exceed 2.8 percent during the current fiscal year due to adverse security developments which continue to hurt domestic and foreign investor's confidence, while electricity shortages continue to prevent the economy from achieving its potential. The IMF programme note said the fiscal policy had been affected by low economic activity and a difficult

PARIS - There are signs of robust expansion in most advanced economies but a "possible moderation" of China's surging economic activity, the OECD said in a report Monday. The prospects are for "expansion in most OECD countries," the report said. Indicators from February "continue pointing to robust expansion relative to trend in Germany and the United States and a possible regained momentum in France and Canada," the Organization for Economic Co-operation and Development said. However

ISLAMABAD - Federal Minister for Finance Dr Abdul Hafeez Shaikh said on Friday that the acceleration of growth, employment generation and relief for the common man would be focus of the upcoming budget for Fiscal Year 2011-12.
Speaking to media after inaugurating a public lecture that was part of Planning Commission's 'Economic Growth Seminar Series,' the federal minister said that all relevant stakeholders would be taken on board in the formulation of the upcoming budget.