E-commerce in Pakistan is growing at a striking pace with a growth rate of sales of 13%, which equals $2.9 trillion (The News). Although, most of these sales were made by domestic buyers purchasing from domestic sellers. However, purchasing from foreign sellers has recently gained traction as the share of buyers has climbed from 15 [...]
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According to a World Health Organization report, more than 1.2 million people die on roads every year globally and more than 50 million people suffer from severe injuries due to road accidents. Road traffic injuries are the leading cause of death among people entering their productive age, i.e. between 15 and 29 years (The News [...]
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According to the Economic Survey of Pakistan 2017-18, one-fourth of the population (over 50 million people) lives below the poverty line, while 38.8% are multidimensionally poor in terms of education, health, and living standards. Recently, the World Bank estimated that poverty in Pakistan has increased from 4.4 % to 5.4 % in 2020, as over [...]
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Love12 Share Tweet Share Pin A real estate broker is a professional with a licence that helps buy, sell, and transfer property. Likewise, developers in the real estate sector are responsible for buying and constructing houses to resell them and reaping a profit. Brokers and developers can use Points of Interest to make better decisions [...]
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Property rights refer to the right to possess resources and determine their utilisation. It defines the owners’ right to consume, use, sell, barter, or gift, an asset. Secure property rights in a country have enormous benefits. It incentivises people to invest in accumulating assets, whether plots of land or ideas. As these rights are tradable, [...]
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In the recent years, investments in new technologies in the financial sector have increased substantially, providing access to financial services through mobile technology and other mediums. People can now make payments, transfer money, and invest using various new tools. Artificial intelligence, social media networks, machine learning algorithms, mobile applications, distributed ledger technologies, cloud computing, and [...]
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The private sector plays a major role in creating jobs and wealth in a country. It works as a powerful agent in alleviating poverty, generating employment opportunities, and promoting the general public’s well-being. The sector makes up nine out of ten jobs in the global market and provides job accessibility to the 735 million people [...]
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Urban planning or town planning is a technical and democratic process where cities and urban areas are designed by the state or territory in conjunction with local councils. Proper urban planning enhances livability, prosperity, and equity in cities and promotes the economic growth and productivity of a country by anticipating the needs of residents. It [...]
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Tourism is vital for the success of a country’s economy. It boosts the economy's revenue, generates employment, and develops a nation’s infrastructure. As the World Tourism Organisation states, increased tourism can boost the local economies of developing countries along with cultural discussion and job opportunities. It also creates a cultural exchange between tourists and local citizens [...]
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Cyber security, also known as Information technology security, consists of technologies, processes, and practices formed to protect networks, devices, programs, and data from attack, damage, or unauthorised access. Cyber security is important for a country as government, military, corporate, financial, and medical organisations collect, process, and store unprecedented amounts of data on computers and other [...]
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