The article discusses the history of the Pakistani obsession with Indian entertainment, particularly Bollywood movies and dramas. The ban on Indian content in Pakistan led…
Posts published in “Editor’s Pick”
Renowned Indian lyricist and poet Javed Akhtar has faced criticism for his comments about terrorism made during his recent visit to Pakistan for the Faiz…
The Islamic month of Shaban has arrived, and Muslims across the world are preparing for the holy night of Shab-e-Barat, which falls between the 14th…
The importance of planning in national development is like a bright lamp. Identifying and achieving national needs in the near future is only possible with good…
On Saturday, a tola of 24-karat gold costs Rs209,600 in Pakistan. A price of Rs174,990 was recorded for 10 grammes of 24 karat gold. Similarly,…
Mehran Rowshan, the founder of Alliance Football Club, recently won the highly-respected Sports Leader of the Year award at the 2021 Sports Industry Awards. The…
International: Gina Lollobrigida, born on July 4, 1927 in Subiaco, Italy, is a celebrated actress and photojournalist who made a significant impact on the entertainment…
Pakistan is a country with a population of over 220 million people and a rapidly growing economy. Despite facing numerous challenges, the country is home to a thriving entrepreneurial ecosystem that offers a wide range of opportunities for individuals and businesses. This article will explore the current state of entrepreneurship in Pakistan, highlighting the opportunities and challenges that entrepreneurs in the country face.
Opportunities in Entrepreneurship in Pakistan
Large and Growing Market: With a population of over 220 million people, Pakistan offers a large and growing market for entrepreneurs. The country’s population is expected to reach 300 million by 2050, providing a significant opportunity for businesses to tap into the consumer market.
Young Demographic:
Pakistan has a young demographic, with more than 60% of its population under the age of 30. This young population is more open to new ideas and is more likely to adopt new technologies, making it an ideal market for entrepreneurs looking to launch new products or services.
Economic Growth:
Pakistan’s economy has been growing at a steady rate, with GDP growth averaging around 3-4% in recent years. This economic growth has led to an increase in disposable income among the population, providing a boost to consumer spending and creating opportunities for businesses in various sectors.
Government Support:
The government of Pakistan has been taking steps to support the growth of the entrepreneurial ecosystem in the country. The government has launched various initiatives to encourage entrepreneurship, such as incubation centers, seed funding, and tax incentives for small and medium-sized businesses.
Technology Adoption:
Pakistan is quickly becoming a digital economy, with a growing number of businesses and individuals using technology to drive growth and innovation. The widespread adoption of technology has led to a rise in e-commerce and online businesses, creating opportunities for entrepreneurs in the tech sector.
Easypaisa, Pakistan’s leading digital payments platform has partnered with Faysal Funds (Faysal Asset Management Limited), one of the fastest-growing Asset Management Companies in the industry,…
Islamabad : Prime Minister Muhammad Shehbaz Sharif has said that the Pakistan-UK relations are rooted in history, shared legacy, and strong people-to-people bonds, which have…
