Finders keepers, losers weepers, just rightly describes lawn buyers every summers; the airy, and untextured fabric is a plain weave textile, chiefly cotton, and perfect for the harsh summer weather of the country.
The current account continues its slippery path; some grace is saved upon receiving CSF money in the last week of February; the deficit stands at $744 million in February, while it was $1.
Congratulations! Sindh has finally joined Punjab and Khyber Pakhtunkhwa in making governments and their institutions open, transparent and accountable.
With industrial activities picking up and China Pakistan Economic Corridor (CPEC) knocking our doors, there has been a lot of debate around the availability of skilled human resource availability in Pakistan.
Only a few days ago, when Pakistani government and leaders of other ECO members (including Central Asian countries) made rosy promises between themselves on doubling regional trade; higher level representation from one member was missing- Afghanistan.
The Punjab government through its Urban Unit has made healthy progress towards implementing a Geographical Information System (GIS) for dynamic analysis of various sectors and government programs.
In a rare display of foresight, Pakistan's High Commissioner to Canada Tariq Azim Khan has invited Canadian companies to benefit from the investment opportunities in Pakistan emerging from economic boom and the demographic dividend, this newspaper rep
Last month was a volatile one for Pakistans equity market, as an array of negative news emerged from all sides which influenced investor sentiments and led to a choppy performance.
Last week saw the Economic Cooperation Organisations (ECO) ten member countries approving the Islamabad Declaration and ECO Vision 2025 in its 13th Summit held in the federal capital.
The past year saw wide swept advances by populist and nationalist political forces across the globe with staggering events such as Brexit and the election of Donald Trump marking a shift in the existing global political and economic landscape that has bee
Packages Limited (PSX: PKGS) posted its FY16 yesterday which saw a splendid increase in the company's bottomline on the back of decent growth in revenue.
The worlds largest economy is isolating itself as Donald Trump scrapped the Trans Pacific Partnership (TPP) what was to be Obamas pivot to Asia to keep China in check.
Trade deficit has widened by 29 percent in July to January 2017 compared to this period last year, mainly because exports have not recovered at all, despite some breathing space provided by value-added textile.
In the season of middling banking profits, National Bank of Pakistan (NBP) once again stood out, with a healthy 18 percent year-on-year increase in after-tax profits.
Sui Northern Gas Pipelines Limited (PSX: SNGP) announced its half-yearly result yesterday which showed considerable improvement on the firms bottomline on a year-on-year basis.
On-demand services such as online retail, cab/ride sharing, short-term lodging, and handyman services can help bring in productivity, innovation, quality, and in the process, new jobs and a degree of allocative efficiency to the economy.
Kohat is one of those mid-tier cement companies that have been slowly moving toward joining the big boys league; and its impressively growing margins speaks volumes.
The financial performance of the countrys largest IPP, Kot Addu Power Company Limited (PSX: KAPCO) took a beating in the second quarter of FY17, which resulted in overall sluggish bottomline for 1HFY17 vis--vis 1HFY16.
Even after the controversial repayment back in 2013 when the government took office, circular debt has remained an unbridled threat; and the threat has now blown into a full-fledged debacle as it is back to high levels.
After nearly a year of delay, and now that the National Tariff Commission (NTC) is functioning again and has come through for local steel industry by slapping anti-dumping duties on select steel imports, the government should start thinking about letting
From divestment in in the fertiliser business to Engro Foods acquisition, Engro Corporation Limiteds (PSX: ENGRO) 2016 revolved around significant strategic restructuring in its fertiliser and foods business.
Century Paper and Board Mills Limited (PSX: CEPB ) announced its result yesterday which showed impressive topline growth amounting to an increase in revenue by 11 percent year-on-year.
Pakistans largest commercial bank, HBL, announced its CY16 financial results yesterday, posting a minor year-on-year dip of 3 percent in after-tax profits.
While CPEC and development under it is largely taken as good news for the country, dipping remittances and receding exports present the not-so-pleasant external account situation.
The government has gotten the Companies Bill 2016 passed by the National Assembly after its earlier failure of getting it promulgated through a presidential ordinance.
Auto sales are coming close to the peak numbers from last year, driven mostly by the sheer success of commercial vehicles and tractors ,while passenger car sales are still recovering from the steep drop in sales once the taxi-scheme wrapped up last fiscal
The KSE-100 has reached 50,000 milestone level, the PSX has been sold to the Chinese and headlines have been made but one issue still remains unresolved; investor trust.
Feeding into the ongoing debate over Trumps travel ban, the Brookings Institution recently featured a blog that showed how sealing the border could block one of Americas crucial exports: education.
Pakistan State Oil (PSX: PSO) announced its financial performance for the first half of FY17 yesterday, and where the firms earnings took a leap forward, no dividend announcement left a shareholder unhappy as the stock price nosedived.
Engro Powergen Qadirpur Limited (EPQL) released it financial result for FY16 yesterday which showed a marginal decline in its bottomline as compared to the previous year.
Economics is not an absolute science; and there can be multiple interpretation of a country's economic health, especially when it is emerging from a lull period.
Amreli Steels (PSX: ASTL) announced its half-year accounts ending December 2016 marking a less than encouraging period for the company this fiscal year.
Colgate Palmolive (Pakistan) Limited (PSX: COLG) is a multinational company operating in consumer goods segments: Oral care, personal care, fabric care, and surface care.
Gharibwal Cement (PSX: GWCL) kicked off the year with lukewarm growth under its belt starting off with a slower first quarter in terms of costs and margins, but 1HFY17 comes with better news.
Shakarganj Limited (PSX: SML) has started MY17 on an extraordinary note; for the first quarter ended, the companys topline has more than quadrupled over last year.
Mitchells Fruit Farms Limiited (PSX: MFFL) has the privilege to be one of the oldest corporations in Pakistan with an extensive history in the food sector.
Atlas Honda Limited (PSX: ATLH) wrapped up its third quarter ending December 2016 with a topline of Rs17 billion; which grew by 22 percent year-on-year owing to improved sales numbers this year around.
Exide Pakistan Limited (PSX: EXIDE) released its 9MFY17 result yesterday, which saw healthy growth in the companys gross profit margins as well as its bottomline.
FY17 is likely to turn out better than the previous couple of years for the oil and gas exploration and production companies due to rebound in crude oil prices.
Despite higher than expected earnings growth in 1HFY17, Attock Petroleum Limited (PSX: APL) share prices went down as there was swift selling; the shareholders most probably did not take the Rs15 per share dividend news well.
National Refinery Limited (PSX: NRL) posted its 1HCY17 result last Friday which saw a decrease in company revenue by 4 percent and a corresponding fall in cost of sales of 5 percent.
Attock Refinery Limited (PSX: ATRL) posted its 1HFY17 result last Friday which saw the companys unconsolidated result witnessing significant growth as compared to the corresponding period last year.
What is inclusive growth? Google it, and you get this: Inclusive growth is a concept that advances equitable opportunities for economic participants during economic growth with benefits incurred by every section of society The focus is primarily on equity
As predicted, Honda Atlas Cars (PSX: HCAR) financial statements have started showing a resounding green after the launch of its new 10th generation, Honda Civic and is outperforming by a wide margin since this time last year.
ICI Pakistan Limited (PSX: ICI) has had more than a couple of goodies in its bag lately, keeping its shareholders excited, and its share price beating he benchmark index.
The Planning Commissions silence over CPECs transparency issue is growing, even as critique by public economists and businesses mounts by the day, and mushrooming anecdotal evidence suggests that a strategic fog is filling up the space.
Mari Petroleum Company Limited (PSX: MPCL) has given a couple of good news recently; it is looking to diversify into power generation, planning a 400MW gas-fired plant in southern Punjab as per media reports.
Increase in current account deficit portends mounting pressure on the balance of payment position, and unfortunately, it is just doing that amid all out efforts to keep the external account beefed up.
The recently released World Banks policy research report on the politics of development cites some interesting studies done at the intersection of politics and economics in Pakistan.
The debate about rising levels of wealth and income inequality has been at the center stage of election campaigns as well as policy makers and think tanks.
Finally, Pakistan Petroleum Limited (PSX: PPL) announced itsFY16 financial performance, and to no ones surprise, the oil and gas exploration and production company posted a decline in earnings for the year bitten largely by low crude oil prices.
Continuing our conversation on textile machinery imports (see yesterdays column), todays article looks at some underlying issues that have gone unsaid.
The cement industry is chugging forward into a bonanza of historic high dispatches, gross margins and profits, in spite of the sharp fall in exports to its key markets such as Afghanistan and South Africa.
With the sales tax on textile machinery imports abolished in the export package, one may now hope that the latest technology and BMR activities come to our industry.
There is little denying that historians will remember CPEC as one of best things that ever happened to Pakistan, provided of course this country does not deliberately goof up.
What would really forge the relationship between two countries that already refer to each other as iron brothers (or ba tie in mandarin)? A steel plant! Even better, a massive steel plant in the middle of nowhere! This is where things seem to be headed if
With so much buzz surrounding textile and the latest package, its easy to forget that it wasnt for textile only; the Rs180 billion package is actually for all five export-oriented sectors: textile, leather, surgical goods, carpets, and sports goods.
This column has at different points discussed the many virtues of greater competition in the auto sector; one that has long enjoyed protectionnot only from imports with tariffs exceeding 70 percent but also to a great extent from new players entering the
Remittances have also joined the worries; along with the already falling exports and declining FDI, the inflows from Pakistanis abroad - that the country has for long relied upon - are have started weakening as well.
With the announcement of the export package yesterday now comes duty free import of cotton something that the yarn manufacturers have been demanding for quite some time, particularly in light of another season of low cotton production.
There have been a couple of important draft guidelines published by the National Electric Power Regulatory Authority (NEPRA) recently including the those for competitive bidding as well as the concept paper on the rate of return for power sector projects.
The conversation on exports (at least in this column) has been approached from multiple angles the need for research, innovation, diversification, etc.
Thanks to low labour costs, Pakistan is one of the most price competitive T-shirt producers of the South Asian region; yet the country has been facing low export growth for many years.
Globally, the oil and gas sector was marked with OPECs return in 2016, after it let the market forces play with the demand and supply for at least two years; with flagging prices, the cartel surprised many with the first cut in production since 2008.
Pakistani governments are fond of pardoning corrupt behavior, and since 1958, time and again, several amnesty schemes have been introduced repeatedly and unsuccessfully aimed to bring more citizens, businesses, investors and traders into the tax net and i
A few days before the 6th Joint Cooperation Committee on CPEC was to be held, the government had planned 29 special economic zones (SEZ) aimed at enhancing productive capacity and exports base.
Petroleum consumption has increased significantly over the last two years due to lower prices despite the government not passing on the entire impact of lower prices to consumers.
Saudi Arabia is reportedly considering reduction in its crude export sales to its partners, by as much as seven percent, in a n attempt to show the first signs of compliance to the Opec deal.
One of the challenges faced by Finance Minister Ishaq Dar these days is to keep the balance between sales tax revenues from petroleum products and the prices consumer pay in the days of rising international oil prices.
The latest annual Payment System Review (the Review) by the State Bank of Pakistan (SBP) shows an all-round growth in retail payment infrastructure and transaction-mix during FY16.
Continuing this columns recent discussion on the need to attract FDI in unconventional sectors, todays piece would focus on the agriculture sector at large.
Earlier this week, this column highlighted the need to adopt a sectoral and country-wise approach to finding solutions for weak exports and FDI (See BR Research column Forex troubles: Need a closer look, published December 28, 2016).
As always (at least in the recent couple of years), Sui Northern Gas Pipeline Limited (SNGPL) announced its due annual report and the first quarter performance quite late.
Earlier this week, this column highlighted the need to adopt a sectoral and country-wise approach to finding solutions for weak exports and FDI (See BR Research column "Forex troubles: Need a closer look," published December 28, 2016).