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advantages of establishing small-scale cottage industries in Pakistan. Cottage and small-scale industries are labor-intensive and provide employment to 80% of the industrial labor force. This reduces the unemployment and offers opportunities for self-employment. Traditionally, women are not encouraged to work outside their homes.
AECOM (/ eɪ. iː ˈ k ɒ m /, ay-ee-KOM; formerly AECOM Technology Corporation; stylised AΞCOM) is an American multinational infrastructure consulting firm headquartered in Dallas, Texas. The company's official name from 1990–2015 was AECOM Technology Corporation, and is now AECOM. [ 2 ]
SMEDA was established in October 1998 for encouraging and facilitating the development and growth of small and medium enterprises in the country. [3] SMEDA is not only an SME policy-advisory body for the government of Pakistan but also facilitates other stakeholders in addressing their SME development agendas.
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If you want to start a business but are unsure what type of business is best, check out this list of 20 good small business ideas to help you decide. 1. Virtual assistant
In the first four years of the twenty-first century, Pakistan's KSE 100 Index was declared the best-performing stock market index in the world by the international magazine "Business Week". [ 46 ] [ citation needed ] The stock market capitalization of listed companies in Pakistan was valued at $5,937 million in 2005 by the World Bank . [ 47 ]
According to the Economic complexity index, Pakistan is the 67th largest export economy in the world and the 106th most complex economy. [10] During the fiscal year 2015–16, Pakistan's exports stood at US$20.81 billion and imports at US$44.76 billion, resulting in a negative trade balance of US$23.96 billion.
The Ministry of Commerce (Urdu: وزارت تجارت); abbreviated as MoCom), is a Cabinet-level ministry of the Government of Pakistan concerned with economic growth and commerce development and promotion in Pakistan. The administrative head of the ministry is the Commerce Secretary of Pakistan, presently Muhammad Sualeh Ahmad Faruqi.