Pakistan Economy: News & Discussion

[Tactical Doge]

There one lulu mall coming up in thiruvananthapuram city will be bigger than the one in kochi

Retail area?

 

[Marliii]

Retail area?

232,400 sq meters it seems

 

[Tactical Doge]

232,400 sq meters it seems

Wait
How many square feet is that?
Convert nibba

 

[RoaringTigerHiddenDragon]

232,400 sq meters it seems

Hmmm….looks like we need a couple of 6 million square feet category malls. I wonder why we haven’t gotten to these scales. We have the population to support it.

 

[Haldilal]

The largest in Kerala is the Lulu Kochi is only 1.7 million sq ft of retail area
Used to visit Kochi regularly as I have relatives there
Last time I went, some constructions were happening, that was almost 2 yrs ago before the Chinese virus

Ya'll Nibbiars 10 lakhs sq. ft. Lessable retail space.

 

[RoaringTigerHiddenDragon]

Wait
How many square feet is that?
Convert nibba

1 sq mtr = about 10 sq. Ft.

 

[SanjeevM]

Balochistan Freedom Fighters Unit BLA Attacked An Outpost Of Pakistani Military And A Supply Vehicle In Two Separate Attacks : Several Pakistan Army Personnel Killed

#FreeBalochistan #Balochistan #BLA #BalochistanIsNotPakistan #BalochFreedomFighters


@Lonewolf @Hariharan_kalarikkal

 

[FalconSlayers]

Balochistan Freedom Fighters Unit BLA Attacked An Outpost Of Pakistani Military And A Supply Vehicle In Two Separate Attacks : Several Pakistan Army Personnel Killed

#FreeBalochistan #Balochistan #BLA #BalochistanIsNotPakistan #BalochFreedomFighters


@Lonewolf @Hariharan_kalarikkal

Wrong thread

 

[Tactical Doge]

Balochistan Freedom Fighters Unit BLA Attacked An Outpost Of Pakistani Military And A Supply Vehicle In Two Separate Attacks : Several Pakistan Army Personnel Killed

#FreeBalochistan #Balochistan #BLA #BalochistanIsNotPakistan #BalochFreedomFighters


@Lonewolf @Hariharan_kalarikkal

Put this on India pak conflict thread nibba

 

[FalconSlayers]

Hmmm….looks like we need a couple of 6 million square feet category malls. I wonder why we haven’t gotten to these scales. We have the population to support it.

Our malls are very small, wonder why considering Gurugram could have had a 6 million sq ft mall quite easily.

 

[Haldilal]

Our malls are very small, wonder why considering Gurugram could have had a 6 million sq ft mall quite easily.

Ya’ll Nibbiars India has largest mall in the sub continent they why so depressed. Quality matters not just quantity.

 

[FalconSlayers]

Ya’ll Nibbiars India has largest mall in the sub continent they why so depressed. Quality matters not just quantity.

Subcontinent is a meme, being happy by having malls bigger than Pakistan, Bangladesh, and Sri Lanka is an insult for us.

 

[Haldilal]

Subcontinent is a meme, being happy by having malls bigger than Pakistan, Bangladesh, and Sri Lanka is an insult for us.

Ya'll Nibbiars then take the insult when was the last time you visited a mall?. Mumbai has the largest mall along with kochi and both are maintained upto the International standards unlike some malls which are big in China but are abodend and under maintained.

 

[FalconSlayers]

 

[Marliii]

WTF are these porky idiots doing ....

 

[HitmanBlood]

WTF are these porky idiots doing ....

China stopped funds for CPEC so Pakis stopped TikTok.
BTW thats a possibility given the track record of Pakis.

 

[SKC]

Our malls are very small, wonder why considering Gurugram could have had a 6 million sq ft mall quite easily.

We have multiple malls in each city instead of having few really big ones.
Delhi NCR has so many malls everywhere. Some of the malls are really huge.

 

[FalconSlayers]

Mismanagement, fuel shortage blamed for outages

Countrywide loadshedding goes beyond 5,000MW amid extreme humid conditions.

www.dawn.com

 

[FalconSlayers]

Rate stood at Rs165.50 in the interbank

A hike of Rs4.55 in the ongoing month of July in dollar rate moved the greenback up to a 40-month high. The last time dollar was at this level was on October 16 last year.

The dollar rate stood at Rs162.50 on Friday in the interbank. Experts say the increase in terrorist activities in the country and the reduction in the dollar supply after the expiry of the government’s amnesty scheme for the construction sector at the end of June were few reasons for the hike.

“The influx of dollars in the country reduced as the amnesty scheme expired in June,” said Malik Bostan, the chairperson of the Forex Association of Pakistan.

He said that the amnesty scheme for the construction helped people whiten their money hidden at home or stashed abroad in foreign banks.

According to the Securities and Exchange Commission of Pakistan, the construction and real estate sectors took the lead with the incorporation of 474 business ventures. The government has been focused on these sectors and wants to stir economic growth through it. The increase in construction activity has boosted cement sales to a historic high.

Bostan further said that the increase in terrorist activities such as the attack on a bus carrying Chinese engineers and also the kidnapping of the Afghan ambassador’s daughter had a negative impact on investment. “Such bad news turns away foreign direct investments,” he said.

He added that the increase in import payments especially for food items and machinery were pushing the dollar rate.

Bostan added that importers were also opening Letter of Credit with the banks prematurely fearing lockdown amid rising coronavirus cases. “That’s increasing demand for the dollar,” he said.

Meanwhile, Zafar Paracha, the Exchange Companies of Pakistan secretary, said that the government may have reached an agreement with the IMF to devalue the Pakistani currency.

He remarked that with the increase in Pakistan’s exports, remittances, and foreign exchange reserves in the last financial year, there was no reason for the rupee to depreciate. He said that current account deficit during the last financial year was not that big to affect the dollar rate.

Zafar Paracha said that if the government has reached an agreement to meet the conditions of the IMF, the value of the dollar could reach Rs165.

It should be noted that the value of the dollar in August 2020 was at the highest level of 168.87.

Dollar rate increases by Rs4.55 in less than a month | SAMAA

A hike of Rs4.55 in the ongoing month of July in dollar rate moved the greenback up to a 40-month high. The last time dollar was at this level was on October 16 last year. The dollar rate stood at Rs162.50 on Friday in the interbank. Experts say the increase in terrorist activities in the...

www.samaa.tv

 

[FalconSlayers]