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Continuing our Tuesday’s discussion on the distribution of power subsidies, this column will first focus on the reasons why inter-provincial tariff distribution should be in line with the NFC Award, and will then comment on the distribution of power subsidies across consumer groups.
Tractor manufacturing is the star of Pakistani automotive sector, there can be no doubt. In less than 30 years, farm tractor assemblers have achieved up to 95 percent indigenization of product parts, an astounding achievement compared to the paltry localization level achieved by passenger car assemblers in the same amount of time. High localization has allowed manufacturers to control product prices while also maintaining quality, at the same time gearing to enter the export markets.
Like in Pakistan, remittances are helping shore up many other developing economies. According to World Bank, remittances average at 8 percent of GDP in low-income nations, and make up nearly 3 times the foreign aid to low- and middle-income countries. Knowing this impact, United Nations and World Bank are maintaining dedicated databases for tracking international migration and remittance trends.
Recently news reports of the governments plans to kick off the privatization process in the next quarter by offloading its 12 percent stake in two of the big banks--UBL and ABL--has caught many eyeballs. While the exact process and details of divesture are not made clear yet, brief analyses would make the picture a bit clearer.
Of the many interesting papers presented at PIDEs annual conference last week was the one on Inter-provincial Differences in Power Sector Subsidies and Implications for the NFC Award.
All good things have a way of coming to an end-an unpleasant reality that Bangladeshi textile players might soon be coming face to face with. The illustrious rise of the Bangladeshi textile profile is a case study in itself. The boom has contributed greatly to the countrys economic development; having created millions of jobs and helping drive down the countrys poverty rate.
"Financial Inclusion" has remained the "it" phrase among multilaterals, donors and global philanthropist community for last few years. Since every four out of five Pakistanis remain unbanked, donors have shown particular interest in Pakistan, too, where they have been supporting providers of microfinance and branchless banking to financially mainstream the poor households.


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Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.197 bln
Exports $1.729 bln
Imports $3.926 bln
WeeklyNovember 23, 2015
Reserves $19.713 bln