03. 04. 13
The Pakistan Economy Watch (PEW) on Tuesday called for enhanced awareness regarding software piracy which has emerged as a threat to businesses worldwide disrupting their operations and threatening their reputation.
Governments, private sector and NGOs should turn their attention to raising awareness about rampant piracy which has become a national security threat for many countries, said Dr. Murtaza Mughal, President PEW.
A recent global study commissioned by Microsoft and conducted by International Data Corporation (IDC) has discovered that the chances of infection by unexpected malware are one in three for consumers and three in ten for businesses, he said.
The cost of dealing with the impact for enterprises is predicted to be $114 billion globally in 2013; in Asia Pacific the spending will reach $39 billion while it increases to $129 billion if the cost of data loss is added.
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In: Asas, Azkar, Business Times, Daily Mail, Din, Jinnah, Nawa-i-Waqt, Pakistan, Pakistan Observer, Sama, Sarkar, The Patriot, Voice of PakistanAuthor: aamirjaved
21. 07. 11
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Political reconciliation can boost economy: Ch. Shujaat
National Reconciliation Policy needed: Dr. Mughal
President PML-Q Ch. Shujaat Hussain on Wednesday said Pakistan is caught in a deepening economic crisis which can be resolved through political reconciliation.
Economy can prosper if all political forces find common ground to bring country out of current mess to ensure political and economic stability.
The veteran politician said that Pakistan has enough resources and human capital to become a major economic power but some politicians are working contrary to the national interests to gain mileage, he said. read more…
In: Al-Sharq, All Voices New York, Asas, Azkar, Business Recorder, Din, Islam, Jammu&Kashmir, Jinnah, Kashmir Times, Khabrain, Labbaik, News Mart, Pakistan Observer, Public Eye, Sada-e-Gilgit, States Time, The Financial Daily, The Frontier Post, The NewsAuthor: aamirjaved
18. 07. 11
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Radical structural reforms needed to avoid foreknown disaster
Pakistan becoming politically, economically insignificant
The Pakistan Economy Watch (PEW) on Sunday said economy of the country is going down by the passage of every day which calls for urgent and decisive actions by the government.
Incompetent leadership and policies without logical or meaningful connection have left country astray while preserving credibility has become a big challenge for the government, it said. read more…
In: Aaj Kal, Al-Sharq, Anjam, Asas, Business Recorder, Capital Post, Din, FIR, Jasarat, Khabrain, Labbaik, Mussalman, Nawa-i-Waqt, News Mart, Pakistan, Pakistan Observer, Public Eye, Sarkar, The Finance, The Nation, The News, The PatriotAuthor: aamirjaved
13. 07. 11
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Military leadership’s refusal to conditional US aid lauded
India reveals her true nature by welcoming the American move
The Pakistan Economy Watch (PEW) on Tuesday lauded the decision of the military leadership to refuse to bow to American pressure and reject conditional US aid terming it a move in the supreme national interest.
Our armed forces are not dependent on American aid to combat terror; the refusal to toe American lines blindly has contributed to its popularity and made whole nation proud, it said. read more…
In: Anjam, Asas, Baad-e-Shimal, Business Times, Daily Mail, Ittehad, Kainat, Kashmir Times, Mussalman, Pakistan, Pakistan Observer, Public Eye, Sada-e-Gilgit, Sarkar, Statesman, The Financial Daily, The Patriot, Voice of PakistanAuthor: aamirjaved
10. 07. 11
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The Pakistan Economy Watch (PEW) on Sunday said Government can change the fate of people of Pakistan but revitalising loss-making public sector enterprises.
All autonomous organisations are incurring heavy financial losses and facing serious financial crisis because of political interference, mismanagement, inefficiency, financial ill discipline and over-staffing, it said.
These state-run institutions have become a big burden on the national resources and privatization process is admission of the fact by the government that it cannot bring them to profit, said Dr. Murtaza Mughal, President PEW. read more…
In: Al-Sharq, Anjam, Asas, Azkar, Baad-e-Shimal, Business Recorder, Daily Mail, Daily Public Eye, Daily Talou, Din, Jasarat, K2, Khabrain, Labbaik, Mussalman, Nawa-i-Waqt, News Mart, Pakistan Observer, Statesman, The PatriotAuthor: aamirjaved
21. 06. 11
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Massive private capital leaving country
Negative return on deposits a reason behind capital flight
The Pakistan Economy Watch (PEW) on Sunday said the policies of the government are repelling the investment and indirectly supporting flight of capital at a time when it is badly needed at home.
Capital flight proves that some investors are not only disturbed but have lost faith in the economic policies of the government, it said.
The disappearance of wealth can result in sharp drop in the exchange rate leaving authorities with no option but to choke productive sector to keep it reserves intact, said Dr. Murtaza Mughal, President PEW.
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In: Al-Sharq, Asas, Capital Post, Daily Public Eye, Din, Islamabad Dateline, Khabrain, Pakistan, Rehbar, Statesman, The PatriotAuthor: aamirjaved
