Sustainability should be a priority to tap into the growing market and attract global investment In recent years, a significant shift towards sustainability has emerged in the global business landscape. Amid the ever-evolving landscape which requires constant adaptation, staying informed about global trends, emerging technologies, and shifting investor preferences is critical. In the thick of pressing environmental and social challenges, businesses that prioritise sustainable practices are garnering increased attention from investors and consumers alike. Pakistani startups, as they embark on their journey of innovation and growth, have the potential to gain a distinct competitive edge by aligning their strategies with…
Author: Tehreem Adil Sheikh
County can become a land of opportunity for investors within present initiatives to foster entrepreneurship Pakistan being the world’s fifth largest nation, approaching 230 million had lagged in attracting global funding compared to the MENA region up until 2019. Pakistan in 2021 raised approximately $366 million in Venture Capital (VC) funding. Compared to MENA, the ratio of 80 to 1 has now become seven to one. Within the last two years combined, funds raised through VCs have gone above $600 million. Looking at the statistics from over a few years, Pakistan demonstrates itself as a country of interest for both…
Invest in sustainable business for economic growth in the country-Pakistan economy The current economic situation of Pakistan places a duty on both public/private sectors and households to take reforms to propel the economy towards stages of stability and growth. This fiscal year, Pakistan is expected to post a growth rate of 2.8%. Pakistan remains stuck in a growth boom and bust cycle, and this recurrent economic crisis is because of its short-lived phases of growth, which are largely driven by private and government consumption, and not by investment and increase in productive capacity. In particular, private investment has remained around…