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BR Research » Industry

Startup Investment Rise to $77M in Pakistan
Industry

Startup Investment Rise to $77M in Pakistan

  • Startup investments in Pakistan increased by 97 percent in 2020 as compared to 2019, according to data from MAGNiTT's 'State of Startup Funding - 2021 Emerging Venture Markets' Report.
  • The number of startup deals in Pakistan also went up by 45% this year as opposed to the general downward trend in the MENA region.
Published 21 Jan, 2021 07:27pm
M&S clothing sales cut by British lockdown measures
Industry

M&S clothing sales cut by British lockdown measures

  • Clothing and home sales down 25.1% in its third quarter.
  • Food sales in the quarter rise 2.2%.
  • M&S says near term trading "very challenging".
  • Says progress with turnaround masked by COVID-19 effects.
  • Shares down 2.3%, down 29% on year.
Published 08 Jan, 2021 04:47pm
Chile says consumer prices rose 0.3pc in December
Industry

Chile says consumer prices rose 0.3pc in December

  • Inflation registered an increase in the 12 months to December of 3.0%, the National Statistics Institute (INE) said.
  • In its December Monetary Policy Report (IPoM), the agency estimated that inflation would reach 2.8% in 2020.
Published 08 Jan, 2021 04:40pm
Boeing 787 delivery dry spell adds to 737 MAX woes
Industry

Boeing 787 delivery dry spell adds to 737 MAX woes

  • Jet deliveries are being closely scrutinized by investors as they generate much-needed cash during the coronavirus crisis.
  • Boeing's closely watched monthly orders and deliveries snapshot comes five days after Ireland's Ryanair booked a December order for 75 737 MAX jets.
Published 09 Dec, 2020 02:06am
‘Tis the season…
Industry

‘Tis the season…

And it really is. Cement sales—despite all the negative reporting about economic fatigue, manufacturing recession, deman
Published 04 Dec, 2019 07:21am
Cement: To the north!
Industry

Cement: To the north!

Total sales in the Jul-Oct period for the cement industry as a whole has grown by 4 percent compared to the period last
Updated 11 Nov, 2019 11:40am
Cement finding confidence
Industry

Cement finding confidence

Though cement demand is not catapulating, there are clear signs that market is becoming slightly more confident, and the
Updated 06 Nov, 2019 06:04am
Attock: humble beginnings
Industry

Attock: humble beginnings

Despite closing FY19 a touch better than many of its peers in the cement industry, it was long decided that Attock Cemen
Updated 16 Oct, 2019 06:48am
Cements plunge!
Industry

Cements plunge!

The cement industry had a troubling FY19 but the blows are still coming. Cement companies saw that profitability came do
Updated 07 Oct, 2019 07:19am
Kohat on thick ice
Industry

Kohat on thick ice

Kohat Cement (PSX: KOHC) is one of those rare companies that are small in size but can still fare a storm when it hits t
Updated 23 Oct, 2019 01:41pm
Cement’s cost of borrowing
Industry

Cement’s cost of borrowing

Back in 2016 when the CPEC had just been signed and the economy was visibly booming with government development spending
Updated 27 Sep, 2019 06:02am
DGKC is not looking back!
Industry

DGKC is not looking back!

Even as DG Khan Cement’s (PSX: DGKC) unconsolidated earnings shrink by 82 percent in FY19 (from a solid Rs8.8 billion to
Updated 18 Sep, 2019 06:51am
Cement’s inverted U-turn
Industry

Cement’s inverted U-turn

As cement companies consolidate their annual financial results, two things are certain. They would not be boosting very
Updated 03 Sep, 2019 05:20am
Manufacturing recession!
Industry

Manufacturing recession!

Large Scale Manufacturing (LSM) has made headlines again; people are talking about how it is the first ever contraction
Published 22 Aug, 2019 06:22am
ISL: (Not) on a roll
Industry

ISL: (Not) on a roll

Despite a decent 16 percent growth in its overall revenue, the flat steel manufacturer International Steels Limited (PSX
Published 20 Aug, 2019 05:36am
No joy for Attock and Lucky
Industry

No joy for Attock and Lucky

The two southern cement manufacturers Lucky (PSX: LUCK) and Attock (PSX: ACPL) are really headed south from the looks of
Published 30 Jul, 2019 08:09am
Cement’s diminishing outlook
Industry

Cement’s diminishing outlook

In the months leading to the close of FY19, one thing was clear—this year would chip away at volumes, margins and profit
Published 11 Jul, 2019 06:24am
Last ditch efforts!
Industry

Last ditch efforts!

Much like the zero-rated lobby and the sugar lobby, cement and steel lobbies are not far behind in calling the budget an
Published 26 Jun, 2019 05:53am
We have been here before!
Industry

We have been here before!

Eleven weeks ago, this space had predicted that refined sugar prices are on a resurgence, driven less by supply-side p
Published 25 Jun, 2019 05:57am
Budget: a win for tobaccos?
Industry

Budget: a win for tobaccos?

First impressions can be misleading. After the budget was announced, news media and some brokerage firms came out with “
Published 13 Jun, 2019 06:28am
Tobaccos: at a loss?
Industry

Tobaccos: at a loss?

Tobacco majors thought they had things under control with the new government. Not quite! Reportedly, the Prime Minister,
Published 31 May, 2019 08:32am
Zero-rated no more
Industry

Zero-rated no more

The latest casualties in light of the recently agreed IMF bailout are the zero-rated sectors which are likely to lose th
Published 31 May, 2019 06:56am
Cement’s price and demand
Industry

Cement’s price and demand

Cement prices have been under immense pressure in the past few months, mostly heading south due to increased competition
Updated 31 May, 2019 08:18am
Milk pricing problem
Industry

Milk pricing problem

That Pakistan’s milk price control is hurting both its livestock animals and milk consumers was discussed earlier in thi
Published 30 May, 2019 05:34am
Construction: demand blockade
Industry

Construction: demand blockade

It will be a while for the tumbledown economy to start recovering, but even as it does, it will chip away some of the pr
Published 28 May, 2019 05:56am
More power to appliances
Industry

More power to appliances

Forewarning a decline in discretionary consumer spending, the production of major household appliances is taking a hit.
Published 22 May, 2019 03:40am
Cement’s misfortunes
Industry

Cement’s misfortunes

Cement companies are in dire straits. Cumulatively, after tax earnings fell by 16 percent in 9MFY19, but only owing to a
Updated 08 May, 2019 06:40am
Lucky: running out of luck
Industry

Lucky: running out of luck

Despite a 105 percent growth in exports, the company’s revenue shows a growth of about 6 percent in 9MFY19. Meanwhile, t
Updated 29 Apr, 2019 12:00pm
PMPK: back to losses
Industry

PMPK: back to losses

It’s not the financial start a tobacco company would have wanted to start off a tough business year. As per a company no
Published 26 Apr, 2019 06:00am
DGKC starting to bleed
Industry

DGKC starting to bleed

Despite a nearly 30 percent growth in revenues, DG Khan Cement (PSX: DGKC) watched its 9MFY19 earnings nearly drop to ha
Published 25 Apr, 2019 04:54am
Pakistan Tobacco: FED hurts
Industry

Pakistan Tobacco: FED hurts

Surprising that the leading cigarette maker posted a sizable decline in net profits in the opening quarter. As per lates
Published 24 Apr, 2019 06:28am
Industry 4.0: are we ready?
Industry

Industry 4.0: are we ready?

While the majority in Pakistan is dispensing sermons about the country missing out on the knowledge economy, there is an
Published 18 Apr, 2019 06:17am
Skills development in garments
Industry

Skills development in garments

Readymade garments are one of Pakistan’s top exports but a number of constraints are inhibiting the sector’s true potent
Published 15 Apr, 2019 06:55am
Get ready for sugar-flation?
Industry

Get ready for sugar-flation?

The rational expectations theory in economics posits that public’s expectations about future influence what actually tak
Published 10 Apr, 2019 05:58am
Cement: biding for boom
Industry

Cement: biding for boom

Cement manufacturers like other construction peers cannot wait for the Naya Pakistan Housing Plan (NPHP) to pan out, but
Published 10 Apr, 2019 05:41am
PEL reflects economic slowdown
Industry

PEL reflects economic slowdown

Economic and political uncertainties during much of 2018 ensured that one of Pakistan’s leading appliance makers couldn’
Published 08 Apr, 2019 07:12am
Cement: exports to the rescue
Industry

Cement: exports to the rescue

Though official numbers from the All Pakistan Cement Manufacturers Association (APCMA) are not publicly available yet, p
Published 02 Apr, 2019 06:59am
Steel: spirits down
Industry

Steel: spirits down

Domestic steel production is on a steep decline. Unlike cement though, exports are not cushioning the blow to total sale
Published 29 Mar, 2019 05:50am
Construction: tough tidings
Industry

Construction: tough tidings

Latest FDI statistics in 8M indicate that the construction sector for the first time ever is taking the lead in FDI flow
Published 20 Mar, 2019 05:22am
Cement’s demand flips
Industry

Cement’s demand flips

Three major trends are setting the wheels in motion for the cement industry’s demand: a dip in government spending that
Published 11 Mar, 2019 06:45am
Efoods: a study in red
Industry

Efoods: a study in red

What is happening at Engro Foods (EFOODS)? The dairy upstart’s performance during the past three years indicates that th
Published 22 Feb, 2019 06:02am
Cement’s plan B
Industry

Cement’s plan B

With domestic demand experiencing a dip, cement manufacturers have been selling off their surplus inventory to regional
Updated 15 Feb, 2019 05:55am
Naya Real Estate (i)
Industry

Naya Real Estate (i)

PM Imran Khan’s pet project, the Naya Pakistan Housing Program (NPHP), is picking up pace and the government is not shyi
Published 06 Feb, 2019 06:18am
Unlucky times for Lucky
Industry

Unlucky times for Lucky

In many ways, FY19 is turning out to be a year of uncertainty—more than the usual share at least. For cement manufacture
Updated 01 Feb, 2019 07:04am
Cement: toughen up!
Industry

Cement: toughen up!

Being able to sell its excess products into exporting markets when local demand wanes is not something every industry in
Published 15 Jan, 2019 06:44am
Skin in the game
Industry

Skin in the game

The scatter plot next to this column is a mess. Why? Because it is a true representation of the travails of the sugar se
Updated 24 Dec, 2018 06:24am
‘Honeyed’ SMEs
Industry

‘Honeyed’ SMEs

The apiculture sector is a small and overlooked one, even by SME standards. This is unsurprising since honey globally is
Published 21 Dec, 2018 05:30am
Engineering goods potential
Industry

Engineering goods potential

Different governments have at different times talked about promoting exports through non-traditional SME sectors such as
Published 20 Dec, 2018 05:39am
Scale of tax loss in tobacco
Industry

Scale of tax loss in tobacco

The three-tier tobacco FED regime introduced in May 2017 has led to multiple controversies. (Read: ‘A case against multi
Published 18 Dec, 2018 06:28am
A test for ghee
Industry

A test for ghee

Flipping through channels one often catches celebrity chefs on popular cooking channels extolling the virtues of ghee. T
Published 17 Dec, 2018 06:47am
Cement’s mixed-plate
Industry

Cement’s mixed-plate

Sea-borne cement exports are breaking all kinds of ceilings, growing by more than 200 percent in 5MFY19. It seems that t
Published 14 Dec, 2018 07:10am
Sugar roundup (II)
Industry

Sugar roundup (II)

Elementary economics dictates that when input prices increase without a commensurate increase in output price, supply sh
Updated 30 Jan, 2019 06:40am
Sin tax has fiscal virtues
Industry

Sin tax has fiscal virtues

What’s in a name? Apparently a lot! Reportedly, the federal government is planning to impose a “sin tax” on cigarettes a
Published 12 Dec, 2018 06:18am
LSM jitters
Industry

LSM jitters

Rising inflation, rupee depreciation, higher interest rates, slipping FX reserves – and now a fall in Large Scale Manufa
Published 06 Dec, 2018 05:56am
Cementing near future
Industry

Cementing near future

If cement industry’s future seemed rather uncertain (read “cement demand fatigue”, Oct 19, 2018), as economy simmers dow
Published 08 Nov, 2018 06:25am
Steel demand: ironclad enough?
Industry

Steel demand: ironclad enough?

According to SBP’s State of the Economy report for FY18, steel manufacturing grew by 22 percent during FY18, and 21 perc
Published 31 Oct, 2018 06:15am
Cement demand fatigue
Industry

Cement demand fatigue

In a great twist of fate, cement exports are saving the day for the cement industry that is going through a grueling tim
Published 19 Oct, 2018 06:16am