Tuesday, February 28, 2017

Pakistan Is Getting Ahead Of India, Again

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After getting ahead of India in equity market performance, Pakistan is getting ahead of India in another indicator: economic freedom ranking.

That’s according to the recent 2017 Index of Economic Freedom ranking, which places Pakistan in 141st position and India at 143th.
Published by the Heritage Foundation, the Economic Freedom report measures such things as trade freedom, business freedom, investment freedom, and the degree of property rights protection in 186 countries.
Pakistan’s lead over India in this ranking may not be big deal to most observers, as it is too narrow to be meaningful. Besides, both countries are ranking too close to the bottom.
Still, Pakistan’s ranking has been consistently outperforming India's in recent years.

Does it really matter to anyone?
Yes, to equity market investors. Gains in economic freedom ranking are usually associated with higher economic growth rates and higher equity markets. And the superior performance of Pakistan’s market over that of India’s might as well be a reflection of it.
 
Index/Fund
 12-month Performance
IShares China (FXI)
13.00%
Global X Pakistan (PAK)
  40.78
iShares S&P India 50 (INDY )
 8.49%


Source: Finance.yahoo.com 2/27/17

In fact, a closer look at the ranking components of the two countries reveals that Pakistan has far better than India in the areas of business development and government spending, which matter a great deal for financial market


Country             
Overall Ranking
Score
Property Rights
Business Freedom
Labor Freedom
Government Spending
Pakistan
141
52.8
36.40
61.20
37.80
87.30
India
143
52.6
55.40
52.80
41.60
77.40


Source: The Heritage Foundation

Here is a quote from the Pakistan report. “Pakistan has pursued reforms to improve its entrepreneurial environment and facilitate private-sector development. The financial sector has undergone modernization and restructuring.”
And a quote from the Indian report. “The state maintains an extensive presence in many areas through public sector enterprises. A restrictive and burdensome regulatory environment discourages the entrepreneurship that could provide broader private-sector growth.”
Simply put, while Pakistan is trying to place economic growth in the hands of entrepreneurs, India insists to place economic growth in the hands of government bureaucrats.

That’s certainly good news for the future of Pakistan.
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Monday, February 27, 2017

Teknords Swat : Admission open in Diploma in Information Technology

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In this modern age of information technology, every sphere of life is on its way to be transformed into computer based systems. Diploma in information technology is a specialized certificate course to equip human resource from multiple departments and businesses with the technical and operational tools of this modern computer based technological systems. On one side it includes computer based Office automation while on the other side also have introduction to web page designing. It also includes database management systems and a preliminary course of accounts. Its a real opportunity for those who want to pursue jobs at different departments as the pre requisite for majority of jobs also include this diploma. Teknords college of science and technology offers this course of one year tenure in both its Mingora (Swat KPK) campus and Bisham  (Swat KPK) campus.

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Friday, February 24, 2017

What Siraj ul Haq told to the court on last hearing day of Panama Case?

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On the last day of Panama case in supreme court, the respected judges offered Siraj ul Haq to speak about.

The audience in the court said that Siraj Ul haq has made their day by saying at the occasion with a brave and heart touching manner.

He said to the Judge

“that we have knocked the door of every institution of Pakistan including Parliament, FBR and we have found each door closed. That’s why we knocked the door of supreme court. We are not here for biasedness, self-projection, or politics. We are here, because we see that corruption have destroyed our country and if this is not stopped then the dream of prosperous Pakistan is impossible. Allah have sent prophet with a system of justice and a book, so that they implement the system of justice and now the book is handed over to you. we are standing in you court and you are standing in Allah court. The future of 20 corer people is in your hand now and we are hopeful of Allah’s blessing”. 

What Siraj ul Haq told to the court on last hearing day of Panama Case?
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Thursday, February 23, 2017

Why not use the term "Christian terrorism" or "Jewish Terrorism" or "neo-liberal terrorism" ?

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German Chancellor is right here. There is difference between Islamist and Islamic. Islam is not synonymous with Muslims or Islamists. It is just like Zionists and Jews and Judaism. These terms cannot be interchangeably used: they carry different connotations. While Islam is a religion of peace, some Islamists indeed are indulged in acts of terror. Now one might object that why not use the term "Christian terrorism" or "Jewish Terrorism" or "neo-liberal terrorism" etc? True, one might well use those terms, provided such forms of terrorism were carried out in the name of Christianity, Judiaism or neo-liberalism. Bu the term "state terrorism", or "Hindutwa terrorism" can be used as these forms invoke the rationale from those qualifiers (state or Hindutwa). 

https://www.facebook.com/Channel4News/videos/10154507933451939/

Review comments by Karam Elahi 


snapshot of some more comments on the the video 
Why not use the term "Christian terrorism" or "Jewish Terrorism" or "neo-liberal terrorism" ?
 
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Allama Iqbal Open University : Admissions open for Spring 2017 semester, in Matric to PhD level programs.

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Admissions open for Spring 2017 semester, in Matric to PhD level programs. Admission forms can be obtained from Main Campus Islamabad, Regional Offices and Sale points all over the Pakistan. The form can also be downloaded from website.
Continuing students have been sent computerized admission form on their postal address. The continuing form can also be downloaded from website if not received by post.
Call Helpline: 051-111-112-468
or visit
AIOU Website: www.aiou.edu.pk for info.
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