Last update: Tue, 25 Oct 2016 01pm

BR Research: All


In September 2008, Lehman Brothers failed and ultimately went bankrupt, leading to a worldwide recession, the wounds of which are still fresh. Eight years into the present, we have another situation brewing in Germany. The flag-bearer of the German and the European economy, Deutsche Bank is in trouble, to say the least.
Efforts to improve the climate of doing business in Pakistan have long been underway. This column has been researching and advocating about it over the past year. So have been the Lahore Chamber of Commerce and Industry (LCCI). With most other chambers being largely silent in so far as evidence-based advocacy about doing business is concerned, the recent change of leadership at the LCCI may not bode so well for the reform agenda.
Pakistan frequently does poorly in international rankings; its ranking on the Global Real Estate Transparency Index 2016 is no different. The JLLs ninth Global Real Estate Transparency Index (GRETI) reveals which countries provide the most favourable operating environments for investors, and Pakistan comes nowhere close to that advantageous environment.
The headline inflation for September 2016 stood at 3.9 percent, and same was the number for the first quarter average. The numbers are still comfortable and the inflationary expectations are yet to be priced in. On a monthly basis, the CPI increased by 0.2 percent versus 0.3 percent decline in the previous month.
When the federal government announced a massive Rs800 billion development budget (PSDP) for the current fiscal year in June, it raised the question whether PSDPs maximum utilization would be achieved. After the end of first quarter, the development funds have been trickling down at a subdued pace.
It is interesting to read the news these days; the Indo-Pak bellicose jingoism that has no bounds has everyone on their toes -mass hysteria is not an exaggeration but it is more interesting to read what the Indian side is thinking, not least because war-mongering is entertaining or that it is not the most important issue for Pakistans sovereignty today, but because analysts on the other side offer some really compelling strategies for India. Is Pakistan even thinking strategies?
A household name in the world of textile, Gul Ahmed Textile Mills has ended the year strong; although the textile mammoths top line dipped by three percent over last year, gross profit astoundingly grew by 20 percent. The bottom line has almost doubled, and the company has announced a dividend of Rs1 per share.