Pakistan’s tourism sector is a multi-billion dollar economy. According to the World Travel and Tourism Council, Pakistan gains Rs 793 billion from its tourism economy and millions of employment opportunities. If the existing tourism infrastructure is upgraded, the government predicts getting RS 1 trillion in the future. However, the government is making efforts to implement [...]
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Pakistan’s economy has faced many ups and downs since its inception. The economic shifts have been changing in the last few decades as the economy has to move attention from agriculture to small and medium-sized businesses. The development in the small and medium enterprises is directly proportional to the high rate of urbanisation. As a [...]
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Cities are the hub of innovation, livability, diversity, culture, and economic development. They help a country compete in the global economy by making the best use of land, bringing capital, making good investment decisions, allowing skills and division of labour, encouraging entrepreneurship, and generating revenue through industry, trade and tourism. A well-planned urban settlement provides [...]
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Financial stability in a country creates employment, improves productivity and enhances people's confidence to invest and save money. Strong banking systems and efficient capital markets flow funds toward most productive uses and help the government raise investment capital, maintain financial safety nets, and speed payments securely across borders. The government is trying to promote economic [...]
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An efficient taxation system enhances small and medium industries to generate productivity-increasing investments, directly raising the GDP per capita. Strong tax incentives to the traders facilitate the pace of business activities and boost the business community’s confidence. However, the government is digitally transforming the taxation system by adopting new digital techniques and offering taxpayers support [...]
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Globally, new innovative digital technologies have been introduced into the real estate industry, changing how properties are constructed, sold, and managed. The real estate industry embraces digital transformation for better efficiencies, cost reduction and enhanced decision-making to deliver better customer experiences and satisfaction. Over the years, several technologies like Proptech, Blockchain, Artificial Intelligence, and Asset [...]
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The growing global warming and climate change make the planet warm and the environment polluted. The increasing urbanisation and non-renewable energy resources such as coal, oil, and natural gas are also the major causes of environmental issues. To address these issues, a viable alternative to fossil fuels is needed. The utilisation of green energy will [...]
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Human activities have fundamentally increased the concentration of greenhouse gases, warming the planet. The industrial activities on which the modern civilisation depends have increased atmospheric carbon dioxide levels from 280 parts per million to about 417 parts per million. Toxic materials and gases are burned and released into the atmosphere, absorbing radiation from the sun, [...]
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In Pakistan, the agriculture sector is considered a major source of employment, livelihood, and income for between 50 to 90 per cent of the population. The sector contributes 18.9% to the country’s GDP and absorbs almost 42.3% of the entire labour force. The sector achieves relatively low growth due to climate change and outdated development [...]
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Pakistan’s real estate sector is the country’s most productive industry. It has also observed a massive increase in housing development projects that have created high demand for infrastructure. Development in the real estate industry also promotes growth in other sectors. However, the challenges faced by the industry can be addressed using digital technologies. With the [...]
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