Just in:  

You are here: Home»BR Research»All

BR Research: All


What is common between the national flag carrier and the national cricket team? They both show heavy losses quite often. And what’s the difference? The cricket team is known for its inconsistency—while the Pakistan International Airlines (PIA) for its consistency when it comes to showing losses—and heavy ones at that.
The subdued market participation in the first four T-bills auctions conducted in the 3Q CY13 doesn’t imply that bankers are wary of this lucrative investment avenue. The resounding comeback in the last T-bills auction held on September 18, bears testament to this (refer to article titled “T-bills revive lost charm” published in this section on September 20, 2013).
Its a self-fulfilling prophecy. The sentiments are driving rupee lower even when the fundamentals are intact and there are not many reasons to explain any further fall in the currency market. Plus, the absolute drop in rupee terms is more than it is defined in terms of percentage-and that very basic arithmetic has triggered the panic button.
Technology itself doesn discriminate across gender, but its accessibility and human context can. As it turns out there are more women than men among the two-third of global population that does not have regular internet access to date.
For Nishat Textile Mills (NML), the pain was manageable even during the toughest times when the rest of the textile sector was hung out to bleed. But now that the swelling demand for yarn and value-added made-ups from international markets has acted like the proverbial salve for the sectors wounds, the textile giant is back with quite a resounding bang.
A food revolution that started as a jumble of buzzwords countering industrially produced food has slowly taken the world by storm. Estimates by FAO suggest that the world market for organic food is forecast to exceed $88 billion by 2015-a nearly 50 percent increase from base numbers calculated in 2010. Within the organic food label, fruits and vegetables represent the biggest segment, making up over 30 percent of the overall global demand for organic foods.
From international lenders and multilateral agencies to domestic economists and think tanks; all agree that Pakistan’s abysmal tax-to-GDP ratio has kept a chokehold on the government’s ability to discharge its duties.


Index Closing Chg%
Arrow DJIA 16,643.01 0.07
Arrow Nasdaq 4,828.32 0.32
Arrow S&P 1,988.87 0.06
Arrow FTSE 6,247.94 0.90
Arrow DAX 10,298.53 0.17
Arrow CAC-40 4,675.13 0.36
Arrow Nikkei 19,136.32 3.03
Arrow H.Seng 21,612.39 1.04
Arrow Sensex 26,392.38 0.61

New 2015 adidas and Nike Soccer Cleats at Kicks Corner uk

Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln