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Thursday, January 19, 2017

Growing international demand for Paksitani halal food

Keeping in view the growing international halal food market, Fuji meat limited has set up 75 million USD halal abattoir and meat processing plant, in Karachi.  This 47 acre spread facility has daily production capacity of 100 ton meat, of which 85 tons would be beef, in both chilled and frozen categories.

Halal food is the one which is prepared and is hygienic, in accordance with the principles of Sharia.

The demand for halal products is growing at a 10.8% annually, and is expected to reach 3.7 trillion dollars till 2019. Halal food makes up the largest share of this halal products industry.

Pakistan, is ideally located, to take benefit of this opportunity as consumers in gulf countries have huge liking for Pakistani halal stuff, especially the meat.

With 2nd largest buffalo and 8th largest cattle herd, Pakistan is endowed with valuable live stock. In mutton category Pakistan has 4th largest goat herd and has 9th largest number of sheep in the world. India, situated at the border, has earned more than 4.7 billion dollars from exports of buffalo meat in the fiscal year ended in 2015.

FPCCI president Abdul Rauf Alam, while talking to a private newpaper, said that world leading suppliers for halal products including high quality meat, poultry, dairy products and other foods are Australia, Brazil, Canada, Indonesia, India, Malaysia, Philippines,  Thiland, New Zealand and United States. He further added that USA and Australia are biggest halal beef exporter while Brazil and France are the largest halal poultry meat exporter in the Middle East.

Thailand has become 5th largest global halal food producer.

With more than 700 billion dollar market size halal food is expected to attract 2 billion consumers, both Muslim and non-Muslim.

Businesses around the world have started producing halal food to reduce costs. The daily Mail online in this report said that many major Supermarket chains and restaurants, in U.K., sell halal meat to keep their costs low as it can be eaten by both Muslims and non-Muslims alike

Fuji meat is eyeing lucrative foreign markets but equally important is to market these branded and packaged products to domestic consumer as well. This will not only be good for Fuji meat in long term but also for Pakistan’s halal meat industry.

Thursday, January 12, 2017

8 surprising benefits of getting up early

"The sun has not caught me in bed in fifty years”
President Thomas Jefferson.
"The early morning has gold in its mouth" Benjamin Franklin

Many successful people term their habit of waking up early as their secret to success. Successful investors also use early morning to know about news, which may affect their holdings. Moreover, it helps them analyze international events as well.

Rich and famous like Richard Branson, Donald Trump and many other billionaires start their day before the sun rises. There are numerous benefits of being an early morning person, some of which are:-

1.    Better Grades

A study at Texas University has shown that students who got up early in the morning had an average grade point average that is full point higher than that of evening types.

2.    Business success
Getting out of bed at an early hour can give a boost to your business career

“When it comes to business success, morning people hold the important cards," says Christoph Randler, a biology professor at the University of Education in Heidelberg, Germany. He told the Harvard Business Review of his research, some of which originally appeared in the Journal of Applied Social Psychology. "[T]hey tend to get better grades in school, which gets them into better colleges, which then leads to better job opportunities."

This can have major impact on their earning in future as the market is getting competitive.


3.    More proactive
 “Morning people (also) anticipate problems (well) and try to minimize them. They're proactive” says Randler.
 They are more proactive as compared to night owls.

4.    More will power
Studies have shown that will power is a finite source and it is highest in morning.  You can use it for important task because as you use up your will power on a certain task, the less you’ll have to go around for other tasks.

5.    Productivity
A new report published in the Wall Street Journal says that 4 a.m. may be the most productive time of the day. This information means that you can use early mornings to boost your productivity.

6.    Happier and more optimistic
Other studies have proved that morning people are happier, and are more optimistic.

7.    Regular exercise

Larks are more consistent with their exercise. Being proactive helps them, focus on activities which are beneficial in the long run.

8.    Good night sleep
More sunlight exposure helps you enjoy better quality sleep in night. A research showed that workers with windows received 173 percent more natural white light exposure during work hours and slept an average of 46 minutes more per night.

By getting up early you can receive more sunlight and can enhance your sleep quality.

Thursday, November 17, 2016

Top 10 richest presidents of U.S.A.

With the election of Donald Trump as next U.S. president, America is going to see the richest President all time.  Earlier the richest one was founding President George Washington with worth of 580 million U.S. dollars. Below is the list of richest presidents along with their wealth, in 2016 dollars. The figures represent peak wealth.

1.       John. F. Kennedy ( more than 1 billion $)
He along with his family owned more than 1 billion us dollars. His family fortune was created by his father John Kennedy, who made money from commodity trading and real estate investing.

2.       George Washington (580 million dollars)
He was an industrialist and entrepreneur. He sat up his own distillatory for making alcohol. Moreover he owned more than 8000 acres of land. President Washington estimated worth in today’s dollars is 580 million $.

3.       Thomas Jefferson (234 million dollars)
He was third president of United States. His net worth was 234 million $.  He inherited vast fortune but ended up in debts, in later part of his life.

4.       Theodore Roosevelt(138 million dollars)
He owned 138 million dollars. He was born to prominent and wealthy New York family and became 26th U.S. president.

5.       Andrew Jackson(131 million dollars)
Andrew Jackson was 7th president of United States. He owned 640-acare plantation called hermitage situated near Nashville. He was among first three investors who founded Memphis.

6.       James Madison (112 million dollars) 
112 million dollars president Madison after inheriting some land from his father, he eventually owned 5000-acres.  He became the largest land owner of Orange County, Virginia.

7.       Lyndon b. Johnson. (108 million dollars)
After inheriting small piece of land, in Texas, he eventually built it up into expensive 1500-acre ranch. His wife also owned radio and TV station in Austin, Texas.

8.       Herbert Hoover (82 million dollars)
A mining engineer by profession amassed huge stakes in different mining companies.

9.       Bill Clinton ( 75 million dollars)
He unlike other presidents, Clinton didn’t inherited family fortune. He made his fortune during his tenure as Arkansas Governor and later as President. He also received 15 million$ advance for his autobiography in 2005. President Clinton is one of the highest paid keynote speakers.

10.   Franklin D. Roosevelt (66 million dollars)

32nd President of United States owned 66 million dollars. Like other wealthy U.S. presidents much of his fortune was inherited.

Tuesday, November 8, 2016

5 Most powerful economic nations of history

For the most part of the history, the most powerful economic powers were simply the countries that housed the most people and controlled the most land. Up until 300 years ago, economies across the world were mainly agricultural. Economic historian Ian Morris says that for the most part of the human history, civilization’s economic strength depended largely on when it experienced an agricultural revolution.   Until the industrial revolution upended everything, it would take a nation thousands of years to turn itself into an economic powerhouse.

Here is the list of 5 historically dominant economic civilizations, in chronological order.

Roman Empire
Rome, the distant descendant of first agricultural revolution, became dominant global empire in matters of centuries. It at its peak controlled 25 to 30% global production. As trade is vital for economic growth, the Romans were better at it during their height than anybody else. Historical evidence also suggest that they had very well developed financial system that made extensive use of credit and bank notes, hence enabling traders to forgo hauling precious metals across distances.

China under Song Dynasty
China under song dynasty controlled 25 to 30% of global output. Although agriculture reached china later than it did in modern day Middle East but Chinese made good use of the benefits of agricultural society.
Mughal Empire
One of the most magnificent and economically most powerful civilization, the world has ever seen is India’s Mughal empire. The English word Mogul is derived from the word ‘Mughal’. Even today the signs of their splendor can be seen in form Taj Mahal Agra, Badshahi Mosque,etc. According to late economic historian Angus Maddison, the per capita income of the mughal era india was likely about the same as in England or Britain at the time, but India’s aristocracy’s life style surpassed that of European elites.  Mughal era at it its peak produced one-fourth of global output.  

British civilization
Its aptitude of profiteering from its colonies made it the first global economic powerhouse which dominated the world without strictly controlling equally large percentage of population. Another advantage, Britain enjoyed came from huge technological boost of the industrial revolution. It, at its height, produced 21% of total global output out of which 6% came from its colonies.

American civilization
United States, for about past 140 years, is the largest economy, but its relative power is in decline. It is expected that China’s economy would overtake the United States, by 2018.
After the World War II, there was a brief period when United States, owing to destruction of other industrial economies, produced half of world total economic output.


Saturday, October 1, 2016

6 benefits of an afternoon nap

Taking a nap in the afternoon helps you stay alert and productive
Are you feeling tired and sleepy in the afternoon?  Better it would be for you to take a nap for 15 to 30 minutes.  Research supports the age old tradition of having Siesta in the afternoon.
The afternoon nap has many benefits.  Some of them are mentioned below.

1.     Increased productivity 
Afternoon nap helps you to be more productive. The energy boost enables you to do more.

2.     Better health
Afternoon naps boost your health as well. A person having enough of shuteyes, the risk of physical ailments reduces. The enhanced testosterone level helps your body remain healthy.

3.     Successful family life
A person who doesn't sleeps enough, have more quarrel with his partner.  Pretty things become issues threatening your matrimonial life.

4.     Mental alertness
Afternoon naps are a good way of maintaining your mental health as well.  The nap makes your mind more alert.

5.     Energy boost
Afternoon naps boost your energy level. In the afternoon when your energy level falls to its low, it helps you recoup the reduced energy.

6.     Better social relationships
Naps help you understand emotional signals from other people, which means you can enjoy better social relationships.


Sunday, July 24, 2016

Using customers' money for your startup

Beijing has the world’s costliest rental housing, according to a survey of 15 global cities, with average prices more than 1.2 times average salaries, says a report by the Global Cities Business Alliance, a UK-based not-for-profit organization. The rise in rent, in developing countries like China, India, and Pakistan, has provided developers an opportunity to make money out of thin air.

What they do is to purchase a piece of land and then announce construction of residential plaza or shopping mall over it. Advance booking is announced for residential and commercial units. The advance money collected is then used for completing the project. Unheard in many developed countries, realty development is one of the most lucrative areas for investors.

The use of customers’ money for growth isn’t limited to realty sector only; entrepreneurs can use this method to grow their startups in other areas as well. Take the example of TutorVista, which successfully leveraged this customers’ money model of financing. It started when Krishnan Ganesh hired three teachers and provided them with VoIP internet connection, PC displaying a digital whiteboard along with webcam. It quickly became a 100$ per month tuition service.

Dell is another example of customer funded business. Michael Dell, founder of Dell, started by selling customized PCs to small businesses. The core percept in his business was to collect cash before having to lay out money on chips and computers to be sold. 

Customer funding provides many benefits to the startups. Usually, startups receive higher valuations if they performed successfully for an extended period of time, without external funding. Additionally, strong cash inflows, from customers, allow entrepreneurs to focus on proving business model rather than wooing investors.

In this model of business funding, balance sheet shows more current liabilities than current assets. In accounting term it is called negative working capital. Ironically positive working capital is assumed to be good as it poses less insolvency risk to the business.


Not every startup can be run using customers’ funding. Capital intensive projects need to rely on traditional way of financing. 

Sunday, July 17, 2016

Foreign investment in Pakistan: boon or bane?

In the last couple of days, Pakistan has witnessed an increase in foreign investment. Many local companies were acquired by foreign multinationals. Dawlance, Pakistan’s white goods manufacturer was acquired by Turkish group Arçelik . Furthermore, in the same week a Dutch based dairy cooperative FrieslandCampina acquired stakes in Engro for around $460 million.

This shows that international investors are viewing Pakistan as a growing market. Its huge population provides huge consumer base. The rise in middle class along with young population makes it attractive location for investment.  Many European countries are having population as much as Pakistan has graduates.

But is there any benefit to the nation of these huge investments from multinationals. In a nutshell we would say yes. But on a deep analysis we would say it is hard to say anything precise unless we take into account other factors.

Let us assume that Turkish group would enhance the quality of the products, manufactured by Dawlance, and would make them attractive to export markets. Definitely, in this case it would be good for Pakistan. Multinational companies have huge research and development departments with billions of dollars in budget which helps them in developing new and better products. Small companies like local ones cannot expend that much on research and development. Furthermore, small companies have issues with protecting patent rights. Hence, from this particular angle it is good that foreign companies are making inroads into Pakistani market.

With better quality and increased foreign clients’ satisfaction, country would be able to earn foreign exchange. This would also help Pakistan to move from exporter of low-tech to exporter of high-tech products.

The ability of multinationals to get a better deal from Govt. in matters of tax rebates is another thing to ponder. In countries like Pakistan, Govt. rules are more favorable to foreign big investors rather than local small investors. The exemption of duties and taxes extended to Chinese companies working on CPEC is one such example.

Exemptions in taxes make it more likely for these companies to earn heavy profits and pay high salaries to its employee. This would mean more and high paying jobs for locals as well as better employee retention for the multinational companies.

But there are more cases in which these companies hire foreign people than local ones. This would mean snatching jobs which could be provided by local companies to local people. Moreover, huge portion of profit earned, through getting tax rebates, by these companies is repatriated back to their country of origin.

Thus foreign investment is good for host country if it leads to transfer of technology; increase in exports, provides employment to local ones, pays taxes and duties to host country Govt. and improves quality of manufactured goods.