Posted on February 23, 2008 by Qurratulain Akhtar
Many of the people do criticize the commercialization of banking services, i.e. especially the consumer financing holding that they’ve led the people to spend more and more on useless things, but if we see from increasing consumption leading to increased production and GDP point of view, the economies have really grown. Though the macro economy has got most of this growth, but the ease and comfort at users’ end, i.e. from credit card debt relief to car financing and house financing it’s served the people on micro level.
It’s no doubt an endless debate, but the growing economies of the world have outshown the concept of supply according to the consumers’ demand. In this contest, Pakistani economy has also seen the outgrown macro economy in the past few years, and this growth has served the people to a specific extent as well. Yes, there lies a negative aspect, as nothing in the world is 100% complete so is the case with this growth and development. This negative aspect is the uncontrolled poverty and inflation.
Well, these are the challenges for the forthcoming rulership on one hand and for the economy experts on other. Let’s see how can we improve or at least can do just a cut above.
Filed under: Economic Issues, Finance, Pakistan, Pakistan Economy | 3 Comments »
Posted on February 9, 2008 by Qurratulain Akhtar
Sometimes back I wrote that how much addicted I’m to the internet. It was a bout 15 hours a day that I used to spend on the wild wild web. This quota has been increased to a little more extent. And one of the reasons for such is the internet speed at my home. In office it’s ok but when I get connected from home, I really have a hard time with it. I’m not sure what can be the best option for me. So just trying to find out a better way. In that search one interesting site that I’ve come across is bt broadband. It’s a good service for those who are music and movie lovers and love to download all this stuff at lightening fast speed.
I also found a speed test thing on the site; it’s probably a better measure for local audience to know and analyze what can best suit them. Here at our end, broadband may not be a well developed term, but it has good market in Europe and USA, and that’s one of the reasons that people there have to face less or no internet connectivity and surfing problems. And it’s obvious that when you don’t have all this to face, you just go on making advancements. One more thing that I’ve found out of this, is the customer satisfaction as top priority there, i.e. providing people with what they actually need. And that’s what make things go great guns there.
Filed under: Internet | Leave a comment »
Posted on February 6, 2008 by Qurratulain Akhtar
It’s been long time that I’ve been blogging, and now I’m a fluent blogger, though not an expert. Since I started blogging, I wanted to bring something positive out of my efforts. Well, I don’t know whether I succeeded or not, but a little did I know, I explored many avenues. And, today, it’s a great pleasure announcing Pro Pakistan.
Well, Pro Pakistan is a platform I joined hands with some fellow bloggers including well know M Junaid Khan. It’s not my blog, not Junaid’s blog at all, but It’s a blog of all those who love to read, write and do something practical for Pakistan. You all are cordially invited to participate there by having your say on core issues, challenges and problems faced by the Nation within territory and round the world.
Pro Pakistan will speak your words, truly yours! It’s your voice! We all are connected together, no matter you are in Chaman or in Karachi, USA or UAE. If you’re a Pakistani, and want to have your say, be a part of Pro Pakistan. And even if you are non Pakistani, and want to say something to us, you’re most welcomed!
Filed under: Islam, Pakistan, Politics, World Affairs | 3 Comments »
Posted on February 2, 2008 by Qurratulain Akhtar
It’s been many days that I couldn’t find anything to write on. Doesn’t mean nothing has happened, but I couldn’t make myself to write on happenings. I’ll be writing on happenings later but before that something I discovered, (It’s not my discovery in fact, but came to know about its working now). Well, it’s lawsuit settlement loans, whereby a financer buys a part of a plaintiff’s anticipated settlement in order to make him financially solvent until a particular date.
This is very interesting as if the plaintiff fails to receive the anticipated settlement, the financer will not collect that amount. This feature makes this sort of loans a bit more risky, so it’s recommended that the financer should carefully judge the validity of a case and the plaintiff’s potential for future settlement before advancing such a loan.
Well, coming to the point, I’ve been thinking the practical validity of this type of loans in Pakistan if we can incorporate them. That’s not practically invalid, but I think, needs much more clear terms, and here the risk becomes double than that of what can be expected in developed countries, so the incorporation may not be as successful here. That may be one point while thinking on the grounds set by people who took banks towards a negative end, but hope of having a fair positive attitude by same people is still there.
Filed under: Business, World Affairs | 1 Comment »