Islamabad, Sep 28: Investment Opportunities in Emerging Markets for 2024 As economies in regions like Asia, Africa, and Latin America continue to expand, they offer promising financial opportunities. In 2024, these markets present distinct investment prospects that are predicted to outperform those in more established economies. Why Consider Emerging Markets? A primary reason for investing in emerging markets is the rapid economic expansion in these regions. Countries like India, Brazil, and Vietnam have demonstrated consistent GDP growth, fueled by urbanization, a rising middle class, and technological progress. These elements provide a robust foundation for sectors such as technology, consumer products,…
Author: Mawadat Fatima
Islamabad, Sep 28: Sustainable Business Practices: Key Strategies for a Greener Future As environmental challenges mount and the call for responsible corporate behavior intensifies, incorporating operations has shifted from being optional to essential. This shift requires adopting strategies that balance economic growth, social responsibility, and environmental care. The Importance of Sustainability Sustainability in the business context refers to minimizing environmental harm while enhancing positive social and economic outcomes. The aim is to address present needs without jeopardizing the ability of future generations to meet theirs. This necessitates a rethinking of traditional business models to tackle issues like resource depletion, pollution,…
Islamabad, Sep 28: Impact of E-commerce Growth on Traditional Retail Businesses With the rise of the internet and advances in technology, e-commerce has become a popular method for buying and selling goods. Growth of E-commerce E-commerce has seen rapid growth over the years due to factors such as the increasing use of smartphones, better internet connectivity, and evolving consumer preferences. Online platforms like Amazon, Alibaba, and eBay have reshaped the retail industry, making the environment highly competitive for traditional businesses. For instance, a long-established clothing retailer might launch an online store to reach a wider audience, enabling customers to browse…
Islamabad, Sep 27: 10 reasons you should be a fashion designer. Firstly, fashion design is an exciting and challenging field that fosters creativity. With a plethora of clothing options in the market, the fashion industry is continually evolving. As a designer, you have the unique opportunity to shape your career path, which is a rarity in many professions. Designing garments from scratch requires immense imagination and artistic flair, allowing you to express yourself in ways that few other careers can. Additionally, the sense of fulfillment and self-satisfaction derived from seeing your creations come to life is unparalleled. If you have…
Islamabad, Sep 27: US diplomacy in Mideast falters as clock ticks down for Biden U.S. efforts to secure a Gaza ceasefire have been at a standstill after nearly a year of conflict, while Iran-backed Houthi rebels continue targeting Red Sea shipping routes. Despite significant U.S.-led diplomacy, the Israel-Hezbollah conflict risks escalating into a full-scale regional war. As President Joe Biden’s term nears its end, analysts and diplomats suggest that Middle East crises could undermine his foreign policy legacy. Biden has struggled to balance supporting Israel’s right to self-defense against Hamas and Hezbollah, while trying to limit civilian casualties and prevent…
Islamabad, Sep 27: Asia’s Energy Transition Summit Happening at LUMS LUMS is hosting the Asia’s Energy Transition Summit on September 28-29 to foster discussions on the shift to renewable energy. The event will bring together leading energy experts, researchers, civil society activists, policymakers, and parliamentarians. Organized by the LUMS Energy Institute (LEI) in collaboration with the Pakistan Renewable Energy Coalition (PREC), the summit will focus on the need for coordinated efforts across Asia to secure financing for renewable energy, phase out fossil fuels, and enhance energy efficiency and conservation. The summit’s main goals include assessing Asia’s progress and aligning these…
Islamabad, Sep 27: TPL Tracker Transfers Major Stake in Middle East Unit to UAE’s Gargash Group TPL Tracker Limited (PSX: TPLT) has announced the start of the process to transfer a 50.1% equity stake in Trakker Middle East Limited (TME) to the UAE-based Gargash Group. “Following our May 25, 2024, announcement regarding the signing of definitive agreements between Trakker Middle East LLC and Gargash Group for the acquisition of a 50.1% stake in TME, we are pleased to inform you that the transfer process outlined in the agreement has now begun,” the company stated in a stock filing today. The…
Islamabad, Sep 26: Pakistan England Test series squad 2024 The Pakistan Cricket Board (PCB) has updated the Test squad ahead of the first match in a three-Test series against England, which starts on October 7. Leg-spinner Zahid Mahmood has been included in the pre-test camp in Multan as the 16th player, though the final squad will be reduced to 15 for the first Test. In a statement, the PCB clarified that Kamran Ghulam and Mohammad Ali will remain in reserve. “Kamran Ghulam and Mohammad Ali will continue playing domestic cricket to stay match-fit,” the PCB said. “All three players are…
Islamabad, Sep 27: 25 Clinics Sealed for Spreading Hepatitis and HIV in Islamabad The Islamabad Healthcare Regulatory Authority (IHRA) has sealed 25 healthcare establishments in Islamabad within the past week due to unsafe medical practices that contributed to the spread of blood-borne infections like Hepatitis B, C, HIV, and antimicrobial resistance (AMR). According to IHRA officials, many of these clinics, operated by unqualified individuals or quacks, were found reusing syringes and administering antibiotics without proper Infection Prevention and Control (IPC) protocols. Dr. Quaid Saeed, IHRA’s CEO, expressed concern over the misuse of antibiotics, particularly carbapenem, a drug reserved for critical…
Islamabad, Sep 27: Govt Updates Debt Management Strategy Amid Buyback Program Changes The government has officially expanded the scope of its Buyback Program to include a Buyback & Exchange Program, following international best practices. Govt Debt Management Strategy communicated via a Finance Division notification, aims to enhance the country’s debt management strategy, especially in the current challenging economic environment. The Buyback & Exchange Program is designed to facilitate proactive debt management by utilizing surplus cash and replacing illiquid or expensive debt securities. This strategy aims to improve market liquidity by directing funds into newer issuances and managing fiscal accounts effectively…