Author: Sarmad Ahsan
I am Sarmad Ahsan, a business analyst and an adept entrepreneur whose ten-year odyssey in the realm of business writing and reporting has been marked by a steadfast dedication to precision and an astute attention to detail. My professional voyage has been singularly focused on distilling complex business concepts into compelling narratives that resonate with and enrapture a diverse audience. My commitment to the craft has honed my ability to deliver stories that not only inform but also persuade and engage, solidifying my reputation as a trusted source in the business community. As readers delve into my work, they encounter a fusion of expertise and eloquence, a signature of the insightful and impactful content I am known for.
Is China’s economic engine losing steam? The latest figures paint a complex picture of a nation grappling with internal and external market pressures, as industrial profits took a hit, declining for the second consecutive year. What does this mean for the world’s second-largest economy and global economic trends? Data from the National Bureau of Statistics (NBS) reveals a 2.3% dip in profits at China’s industrial firms during 2023, echoing the drop in global demand and the ongoing struggles within the domestic real estate sector. This downturn follows a 4.4% decrease in the first 11 months, indicating a consistent downward trajectory…
Tata Steel’s planned job cuts in Britain have been described as the ‘least bad option’ by the company’s CEO, T V Narendran. The decision, which will see the closure of two blast furnaces and the loss of up to 2,800 jobs, has been met with resistance from trade unions. Is there a silver lining to the dark clouds hanging over Britain’s steel industry? Amidst the sobering announcement of impending job cuts by Tata Steel, the situation illuminates the stark realities faced by the global steel sector. Tata Steel is set to close its two blast furnaces in Britain by the…
Asian shares are on track to break a three-week losing streak, with the MSCI’s broadest index of Asia-Pacific shares outside Japan holding steady. Chinese stocks are ending the week on a strong note, thanks to policy support from Beijing that has restored fragile investor confidence. Could a potential rescue package be the catalyst that Asia’s markets have been waiting for? As the week concludes, investors are eyeing the Asian shares with renewed interest, with the expectation to break a three-week losing streak. The mood is cautiously optimistic, propelled by China’s aggressive policy support moves aiming to stabilize its stock market…
The State Bank of Pakistan (SBP) has seen a significant increase in its reserves. A weekly increase of $243 million has pushed the reserves to a six-month high of $8.27 billion. This financial boost is largely due to an inflow from the International Monetary Fund (IMF). The recent uptick in Pakistan’s foreign exchange reserves, as reported by the State Bank of Pakistan (SBP), represents a critical moment for the nation’s economy. The $243 million increase, which brings the SBP’s reserves to $8.27 billion as of January 19, signifies more than just a numerical boost—it’s a beacon of financial stability in…
What is SECP? How can I register my small business in Pakistan? The answers to these questions are simpler than you might think. Registering a company in Pakistan involves a few easy steps including name reservation, documents preparation, and submission to the Securities & Exchange Commission of Pakistan (SECP). Let’s dive in… We have put a lot of effort to help entrepreneurs find simplified and accessible information to demystify the process of registering a small business with SECP in Pakistan. Are you considering starting a business in Pakistan but unsure about the process of registering a company with SECP? No…