IoBM colloquium sets trends in forecasting for development

21 Mar, 2011

Experts from the private and public sectors of Pakistan brainstormed on the theme of "Forecasting" - Applications in Actuarial Science, Business, Computer Science, Economics, Engineering, Finance and Management at a Colloquium held at the auditorium of the Institute of Business Management (IoBM), Korangi Creek on Saturday, says an announcement of the IoBM Public Affairs Section.
The colloquium was represented by concerned academia, corporate sector and professionals. The programme was so designed that besides speeches and presentations, due time was available for discussion and open exchange of ideas and insights on the topic of the colloquium.
The inaugural session of the colloquium included the presentation of State Life Corporation Chairman Shahid Siddiqui. Presentation was also made by KSE MD Haroon Askari and from Ishaq of Pak Qatar Takaful. The technical session was chaired by Dr Jawed Qumar, DBIHE, Talib S. Karim, Rector and Executive Director Academics, IoBM, presented the introduction of the institute.
On the agenda were such topics as Forecasting in Takaful, Growth and Forecast of Foreign Exchange reserves, forecasting national exchange rate of rupee versus US dollar, relationship of cash conversion cycle with firm size, KSE forecasting, impact of macro-economic indicators on KSE, fuel and energy economics of Pakistan as compared to oil producing countries, impact of youth's attitude upon forecasting Pakistan's future, statistical techniques in multidimensional error forecasting and so on.-PR

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