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November 2019

JWT Magazine November 2019 issue

Afghan Presidential Election and Prospects for Peace


Afghan Presidential Election and Prospects for Peace Mairaj ul Hamid Nasri Afghanistan had its 5th presidential election in the last week of September. Although the announcements, which was originally scheduled for October 19, has been delayed, many people in Afghanistan are hopeful that the outcome of this election will pave the way for peace and strengthening democratic culture in Afghanistan. ... Read More »

Climate for Change The case for a global green expansion


A Climate for Change The case for a global green expansion In its flagship report titled “Trade and Development Report 2019,” the UN’s trade and development body, UNCTAD, has warned that weaker growth in both advanced and developing countries means the possibility of a global recession in 2020 is a clear and present danger. The report also highlighted increased green ... Read More »

Need to Re-invent the Soft Power of Pakistan


Need to Re-invent the  Soft Power of Pakistan Mian Majid Ali Afzal  Soft power is associated with the rise of globalization, technological revolution and neoliberal international relations theory. However, it is not merely the application of non-traditional instruments such as culture and commercial goods, rather the fulcrum on which the principles of soft power stand are society, institutions and policies to attain state objectives. Similarly, all ... Read More »

Mir Imran


    Mir Imran The terms ‘inventor’ and ‘entrepreneur’ seem wholly inadequate to describe Mir Imran. He is a prolific inventor of medical devices and has founded more than 20 life sciences companies. He has been building medical device companies for 40 years and holds more than 360 patents to his name. He is most well-known for his pioneering contributions to ... Read More »

Food Waste Generation


Food Waste Generation Consumer Behaviour at different Restaurants of Lahore city Daniyal Naeem & Ayesha Iqbal Approximately 1.3 billion tons of food waste is produced globally per year which is equal to one-third of the total food production.. This amount of food waste causes a great loss in terms economic value, approximately US$ 1 trillion a year. The global food ... Read More »

Artificial Intelligence


Artificial Intelligence Magazine Desk Artificial intelligence (AI) is the simulation of human intelligence processes by machines, especially computer systems. These processes include learning (the acquisition of information and rules for using the information), reasoning (using rules to reach approximate or definite conclusions) and self-correction. Particular applications of AI include expert systems, speech recognition and machine vision. AI can be categorized ... Read More »

Well done Imran Khan!


               Well done Imran Khan!   Shamshad Ahmad In his address to the UN General Assembly on September 27, Prime Minister Imran Khan articulated Pakistan’s principled position on the Kashmir dispute while also raising three other issues of global importance, Environment, Corruption and Islamophobia. Earlier in his 14 August address to Azad Jammu and Kashmir Assembly, Prime Minister Imran Khan had ... Read More »

Understanding the CFC Regime

Accounting , Accountancy, Audit Concept. Business people using calculator review data in financial statement.

Understanding the CFC Regime How foreign companies operating in Pakistan are regulated Bilal Hassan Pakistan has adopted the controlled foreign companies (CFC) regime by inserting section 109A into the Income Tax Ordinance, 2001, (ITO) through Finance Act 2018 so as to prevent base erosion and profit shifting (BEPS). Tax year 2019 is the first year for enforcement of the CFC ... Read More »