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Economy Of Islamabad
Islamabad is the capital of Pakistan and a net contributor to the Pakistani economy. Whilst having only 0.8% of the country's population, it contributes 1% to the country's GDP. The Islamabad Stock Exchange, founded in 1989, is Pakistan's third largest stock exchange after Karachi Stock Exchange and Lahore Stock Exchange. The exchange has 118 members with 104 corporate bodies and 18 individual members. The average daily turnover of the stock exchange is over 1 million shares. As of 2012, Islamabad LTU (Large Tax Unit) was responsible for Rs 371 billion in tax revenue, which amounts to 20% of all the revenue collected by the Federal Board of Revenue (FBR) as of 2012. Islamabad has seen an expansion in information and communications technology with the addition three Software Technology Parks which house numerous national and foreign technological and IT companies. The tech parks are located in Evacuee Trust Complex, Awami Markaz and I-9 sector. Awami Markaz houses 36 IT companies ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Islamabad
Islamabad (; ur, , ) is the capital city of Pakistan. It is the country's ninth-most populous city, with a population of over 1.2 million people, and is federally administered by the Pakistani government as part of the Islamabad Capital Territory. Built as a planned city in the 1960s, it replaced Rawalpindi as Pakistan's national capital. The city is notable for its high standards of living, safety, cleanliness, and abundant greenery. Greek architect Constantinos Apostolou Doxiadis developed Islamabad's master plan, in which he divided it into eight zones; administrative, diplomatic enclave, residential areas, educational and industrial sectors, commercial areas, as well as rural and green areas administered by the Islamabad Metropolitan Corporation with support from the Capital Development Authority. Islamabad is known for the presence of several parks and forests, including the Margalla Hills National Park and the Shakarparian. It is home to several landmarks, includin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pakistan International Airlines
Pakistan International Airlines ( ur, ; abbreviated PIA, ur, ) is an international airline that serves as the national flag carrier of Pakistan under the administrative control of the Secretary to the Government of Pakistan for Aviation. Its central hub is Karachi's Jinnah International Airport, while Allama Iqbal International Airport in Lahore and Islamabad International Airport serve as secondary hubs. PIA was founded on 29 October 1946 as Orient Airways, and was initially based in Calcutta, British India, before shifting operations to the newly independent state of Pakistan in 1947. Orient Airways was nationalised to form the Pakistan International Airlines Corporation (PIAC). The new airline commenced international services in 1955 to London, via Cairo and Rome. PIA, in 1964 became the first non-Communist airline to fly to China. The airline played a vital role in the establishment of Emirates Airline in 1985. In 2004, PIA became the launch customer of the Boeing 777-2 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Doing Business Report
The ease of doing business index was an index created jointly by Simeon Djankov, Michael Klein, and Caralee McLiesh, three leading economists at the World Bank Group. The academic research for the report was done jointly with professors Edward Glaeser, Oliver Hart, and Andrei Shleifer. Higher rankings (a low numerical value) indicated better, usually simpler, regulations for businesses and stronger protections of property rights. Empirical research funded by the World Bank to justify their work show that the economic growth effect of improving these regulations is strong. Though the first report was authored by Djankov, Klein, and McLiesh, and they continue to be listed as "founders" of the report, some sources attribute the genesis of the idea to Djankov and Gerhard Pohl. The report was discontinued by the World Bank on September 16, 2021, following the release of an independent audit of the data irregularities. The audit documented how bank leadership pressured experts to manipu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World Bank
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), two of five international organizations owned by the World Bank Group. It was established along with the International Monetary Fund at the 1944 Bretton Woods Conference. After a slow start, its first loan was to France in 1947. In the 1970s, it focused on loans to developing world countries, shifting away from that mission in the 1980s. For the last 30 years, it has included NGOs and environmental groups in its loan portfolio. Its loan strategy is influenced by the Sustainable Development Goals as well as environmental and social safeguards. , the World Bank is run by a president and 25 executive directors, as well as 29 various vice ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Karachi
Karachi (; ur, ; ; ) is the most populous city in Pakistan and 12th most populous city in the world, with a population of over 20 million. It is situated at the southern tip of the country along the Arabian Sea coast. It is the former capital of Pakistan and capital of the province of Sindh. Ranked as a beta-global city, it is Pakistan's premier industrial and financial centre, with an estimated GDP of over $200 billion ( PPP) . Karachi paid $9billion (25% of whole country) as tax during fiscal year July 2021 to May 2022 according to FBR report. Karachi is Pakistan's most cosmopolitan city, linguistically, ethnically, and religiously diverse, as well as one of Pakistan's most secular and socially liberal cities. Karachi serves as a transport hub, and contains Pakistan’s two largest seaports, the Port of Karachi and Port Qasim, as well as Pakistan's busiest airport, Jinnah International Airport. Karachi is also a media center, home to news channels, film and fashi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
OGDCL
Oil and Gas Development Company Limited, commonly known as OGDCL ( ur, شرکتِ محدود برائے ترقیاتِ گیس و تیل) is a Pakistani oil and gas company. It has a primary listing on the Pakistan Stock Exchange, and secondary listing on the London Stock Exchange. Established in 1961 by the Government of Pakistan, it was turned into a public listed company on 23 October 1997. Today it is involved in exploring, drilling, refining and selling oil and gas in Pakistan. It is based on Jinnah Avenue, Blue Area in Islamabad, with the Government of Pakistan holding 74% stake in the company. Rest are held by private investors. In 2013, it has revenue of Rs. 223.365 billion and profit before tax soaring at Rs. 90.777 billion. It is the largest company in Pakistan in terms of market capitalisation, and has repeatedly ranked among the Forbes Global 2000. Listing On 4 May 2009, the government of Pakistan appointed a Citigroup-led consortium to advise the state-ru ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PTCL
Pakistan Telecommunication Company Ltd., commonly known as PTCL ( ur, ) is the national telecommunication company in Pakistan. Company Profile of Pakistan Telecommunication Company Limited (PTCL) on Financial Times (UK newspaper), Retrieved 9 December 2017PTCL and Netflix sign collaboration agreement Dawn (newspaper), Updated 31 October 2016, Retrieved 9 December 2017 PTCL provides telephone and internet services nationwide and is the backbone for the country's telecommunication infrastructure despite the arrival of a dozen other telecommunication corporations, including [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pakistan Television Corporation
Pakistan Television Corporation ( ur, ; reporting name: PTV) is the Pakistani state-owned broadcaster. Pakistan entered the television broadcasting age in 1964, with a pilot television station established at Lahore. Background Historical context The idea of establishing a media and television industry was conceived in late 1956 and created by the privately set up national education commission, with the support of President Ayub Khan in 1960. Retrieved 13 January 2016. In 1961, the private sector media mogul and industrialist Syed Wajid Ali launched a television industrial development project, bringing the role of Ubaidur Rahman, an electrical engineer in the Engineering Division of Radio Pakistan, as the project director of the first television station in Lahore. Ali reached a milestone in 1961 after establishing a private television broadcasting company with the cooperation of Nippon Electric Company (NEC) of Japan and Thomas Television International of the United Kingdom. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Information Technology
Information technology (IT) is the use of computers to create, process, store, retrieve, and exchange all kinds of data . and information. IT forms part of information and communications technology (ICT). An information technology system (IT system) is generally an information system, a communications system, or, more specifically speaking, a computer system — including all hardware, software, and peripheral equipment — operated by a limited group of IT users. Although humans have been storing, retrieving, manipulating, and communicating information since the earliest writing systems were developed, the term ''information technology'' in its modern sense first appeared in a 1958 article published in the ''Harvard Business Review''; authors Harold J. Leavitt and Thomas L. Whisler commented that "the new technology does not yet have a single established name. We shall call it information technology (IT)." Their definition consists of three categories: techniques for pro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pakistan
Pakistan ( ur, ), officially the Islamic Republic of Pakistan ( ur, , label=none), is a country in South Asia. It is the world's List of countries and dependencies by population, fifth-most populous country, with a population of almost 243 million people, and has the world's Islam by country#Countries, second-largest Muslim population just behind Indonesia. Pakistan is the List of countries and dependencies by area, 33rd-largest country in the world by area and 2nd largest in South Asia, spanning . It has a coastline along the Arabian Sea and Gulf of Oman in the south, and is bordered by India to India–Pakistan border, the east, Afghanistan to Durand Line, the west, Iran to Iran–Pakistan border, the southwest, and China to China–Pakistan border, the northeast. It is separated narrowly from Tajikistan by Afghanistan's Wakhan Corridor in the north, and also shares a maritime border with Oman. Islamabad is the nation's capital, while Karachi is its largest city and fina ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Science Park
A science park (also called a "university research park", "technology park”, "technopark", “technopole", or a "science and technology park" (STP)) is defined as being a property-based development that accommodates and fosters the growth of tenant firms and that is affiliated with a university (or a government and private research bodies) based on proximity, ownership, and/or governance. This is so that knowledge can be shared, innovation promoted, technology transferred, and research outcomes progressed to viable commercial products. Science parks are also often perceived as contributing to national economic development, stimulating the formation of new high-technology firms, attracting foreign investment and promoting exports. Background The world's first university research park, Stanford Research Park was launched in 1951 as a cooperative venture between Stanford University and the City of Palo Alto. Another early university research park was Research Triangle Pa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
