Energy shortfall could not be more evident in Pakistan, and adding more power generation units is one of Pakistan’s biggest needs. The most economical and time efficient solution is coal-based generation despite its environmental costs. Both the PML-N and PTI agree on this issue and the proposed solutions. However, even after one and a half year since the new government came to power, there hasn’t been any conclusion on the modalities of coal power generation.
Foreign direct investment inflows slumped by 26 percent year-on-year in the quarter ending September 2014. And the critics are obviously having a ball. The drop to $169 million in the first quarter is indeed a partly sum – at a time when cross border emerging market investment flows and emerging to developing market flows are about their highest levels since the recession of 2007.
The development of social entrepreneurship since the last decade has steered social innovation and initiated sustainable and scalable solutions in numerous parts of the developing world. Social enterprise, a relatively alien notion in Pakistan, is quickly getting a foothold in many areas of development.
In August 2014, workers remittance had fallen about 20 percent month-on-month. However, BR Research's commentary on that was still headlined: "Remittances are alright". Well, this column is pleased to report that remittances are indeed alright, as September 2014 saw the highest-ever monthly inflow ($1.7 billion).
The Pakistan Telecommunication Company Limited (KSE: PTC) has seen better times recently. But the three-month period ended September 2014 doesn make the cut. A mix of indigenous and exogenous factors led the company to close the third quarter with a huge slump in profitability.
It is not hard to explain the relation between petroleum product sales and imports in Pakistan where majority of the consumption is import-driven. Among the major petroleum products, around 60 percent of furnace oil sales by the oil marketing companies are met through imports.