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Industry

Startup Investment Rise to $77M in Pakistan
Industry

Startup Investment Rise to $77M in Pakistan

  • Startup investments in Pakistan increased by 97 percent in 2020 as compared to 2019, according to data from MAGNiTT's 'State of Startup Funding - 2021 Emerging Venture Markets' Report.
  • The number of startup deals in Pakistan also went up by 45% this year as opposed to the general downward trend in the MENA region.
Published 21 Jan, 2021 07:27pm
M&S clothing sales cut by British lockdown measures
Industry

M&S clothing sales cut by British lockdown measures

  • Clothing and home sales down 25.1% in its third quarter.
  • Food sales in the quarter rise 2.2%.
  • M&S says near term trading "very challenging".
  • Says progress with turnaround masked by COVID-19 effects.
  • Shares down 2.3%, down 29% on year.
Published 08 Jan, 2021 04:47pm
Chile says consumer prices rose 0.3pc in December
Industry

Chile says consumer prices rose 0.3pc in December

  • Inflation registered an increase in the 12 months to December of 3.0%, the National Statistics Institute (INE) said.
  • In its December Monetary Policy Report (IPoM), the agency estimated that inflation would reach 2.8% in 2020.
Published 08 Jan, 2021 04:40pm
Boeing 787 delivery dry spell adds to 737 MAX woes
Industry

Boeing 787 delivery dry spell adds to 737 MAX woes

  • Jet deliveries are being closely scrutinized by investors as they generate much-needed cash during the coronavirus crisis.
  • Boeing's closely watched monthly orders and deliveries snapshot comes five days after Ireland's Ryanair booked a December order for 75 737 MAX jets.
Published 09 Dec, 2020 02:06am
‘Tis the season…
Industry

‘Tis the season…

And it really is. Cement sales—despite all the negative reporting about economic fatigue, manufacturing recession, deman
Published 04 Dec, 2019 07:21am
Cement: To the north!
Industry

Cement: To the north!

Total sales in the Jul-Oct period for the cement industry as a whole has grown by 4 percent compared to the period last
Updated 11 Nov, 2019 11:40am
Cement finding confidence
Industry

Cement finding confidence

Though cement demand is not catapulating, there are clear signs that market is becoming slightly more confident, and the
Updated 06 Nov, 2019 06:04am
Attock: humble beginnings
Industry

Attock: humble beginnings

Despite closing FY19 a touch better than many of its peers in the cement industry, it was long decided that Attock Cemen
Updated 16 Oct, 2019 06:48am
Industry

Cements plunge!

The cement industry had a troubling FY19 but the blows are still coming. Cement companies saw that profitability came do
Updated 07 Oct, 2019 07:19am
Industry

Kohat on thick ice

Kohat Cement (PSX: KOHC) is one of those rare companies that are small in size but can still fare a storm when it hits t
Updated 23 Oct, 2019 01:41pm
Industry

Cement’s cost of borrowing

Back in 2016 when the CPEC had just been signed and the economy was visibly booming with government development spending
Updated 27 Sep, 2019 06:02am
Industry

DGKC is not looking back!

Even as DG Khan Cement’s (PSX: DGKC) unconsolidated earnings shrink by 82 percent in FY19 (from a solid Rs8.8 billion to
Updated 18 Sep, 2019 06:51am
Industry

Cement’s inverted U-turn

As cement companies consolidate their annual financial results, two things are certain. They would not be boosting very
Updated 03 Sep, 2019 05:20am
Industry

Manufacturing recession!

Large Scale Manufacturing (LSM) has made headlines again; people are talking about how it is the first ever contraction
Published 22 Aug, 2019 06:22am