Professional Documents
Culture Documents
Initial investment in the offices is made from Pakistan; they don’t issue
shares or do joint ventures
All the investment is made from their reserves & profits
The multinational branches deal with their expenses and budgeting
separately
Those branches have their own finance department and multinational
branches have no concern with the revenue of the local branches. In fact
all the branches operate on their own revenues.
Financing international trade
Their first priority is to make payments to the airlines, which are done on a
fortnightly basis
No matter how many other expenses they have, they pay the airlines first or
else their shipments are kept on hold
They do face the problem of late payments from clients, so they keep a
backup for the payments of airlines so that their operations don’t stop
Other than this they keep their cash flows running; they pay their agents on
time, and very few of their operations are done on credit