Just in:  

You are here: Home»BR Research»All

BR Research: All


"Extortion is the biggest deterrent to business in Karachi, even more than the energy crisis" asserted former president Karachi Chamber of Commerce and Industry Anjum Nisar. "Even in Lahore, where businesses are significantly worse off due to energy crisis, extortion and violence targeted against businesses is fast becoming an existential threat for firms" he told BR Research.
A mainstay of Pakistans industry and exports, the textile sector has long been considered the backbone of the entire economy- or so we have always been told. Chock-full of problems including inefficient business models, poor capacity building endeavours and a generally recalcitrant attitude towards accepting newer industry standards, the local textile industry is sitting at the edge of its own grave- one that it has dug with its own hands.
The performance of the packaging giant has been sinking in the operational swamp for quite some time now. Rising cost of energy and prices of imported and local raw material have been chomping away the companys margins, not to mention the one-off unpleasant event that rocked the consumer products division back in the last quarter of CY12.
The 1HCY12 financial results of the top five commercial banks (HBL, NBP, UBL, MCB, ABL) depict Pakistans banking industry is in good financial health. The consolidated profit of the five biggest banks soared by a massive 21 percent year-on-year, despite a dip in net interest income. The surge in profits primarily owes to massive decline in provisioning and surge in non-interest income.
From Pakistans move to grant MFN status to its nuclear rival and neighbour, back in October last year, and promises of striking out items off the negative trade list, to the agreement on the issuing of banking licenses and India allowing Pakistani investment; trade liberalisation efforts by the two countries have been the one good news for the current year.
Marking the half-year milestone with a stellar financial performance, Pak Suzuki is on a high like never before. Keeping abreast with the local automobile industry which signed off on an impressive 22 percent year-on-year growth, PSMC has maintained its position as the leader of the pack, reporting a spectacular bottom line of Rs1.3 billion at the end of 2QFY12.
Depreciation of the local currency worsened the precarious current account situation in the first month of FY13. Data released by the central bank show imports were down in July, compared to last year by 0.73 percent in dollar terms. However the same gap stretched to 8.9 percent in rupee terms.


Index Closing Chg%
Arrow DJIA 17,098.45 0.11
Arrow Nasdaq 4,580.27 0.50
Arrow S&P 2,003.37 0.33
Arrow FTSE 6,825.31 0.08
Arrow DAX 9,479.03 0.09
Arrow CAC-40 4,379.73 0.03
Arrow Nikkei 15,476.60 0.34
Arrow H.Seng 24,752.09 0.04
Arrow Sensex 26,867.55 0.86

where to buy

cheap wedding dresses

online -

Buy cheap Nike Mercurials cleats at
cheap wedding dresses on - Best Online Wedding Store

Banking Review 2013

Buy direct from

China free shipping trade platform

Buy new style hair wigs at cheap price on

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 28, 2014
Reserves $13.582 bln