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Autos’ melting point!
Only a few days after Indus Motors announced that it would be shutting down its plant for 10 days in Sep, Honda Atlas followed suit. The two companies have barely manufactured these past three months...
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Wanted: drivers for cities as engines of growth
The demand for decentralisation and cities as engines of growth is growing in Pakistan; not by the country’s urban population; but by the policy wonks. Isn’t that strange? Globally, the discourse on...
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Wanted: pathway to growth
The Fall 2019 edition of the World Bank’s ‘South Asia Economic Focus’ makes for a sobering read. The whole region is undergoing a slowdown on account of weakening domestic demand, as per the report....
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Wheat, water and woefulness
It has become chic to insist that the key to unlocking Pakistan’s potential lies in agriculture sector. Popular rallying cries include ‘forty percent labour force employment’; ‘rural women...
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The Crescent Textile Mills Limited
The Crescent Textile Mills Limited (PSX: CRTM) was founded in 1950 as a vertically integrated composite textile unit. It is a public limited company incorporated in Pakistan under the Companies Act,...
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Attock: humble beginnings
Despite closing FY19 a touch better than many of its peers in the cement industry, it was long decided that Attock Cement (PSX: ACPL) not unlike other cement manufacturers will witness a continued...
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HBL: pretax profits up
Having had a slightly challenging 2QCY19, in terms of profitability, the country’s largest commercial bank, HBL staged a resounding comeback in the third quarter. The pretax profits for 9MCY19,...
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A flight of fancy
“What gets measured gets managed”. Management guru Peter Drucker wrote that line in his seminal book on management 65 years ago. The statement holds even truer today. The donor community’s quest for...
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Improving FDI statistics
You know the extent to which donors have hijacked policy agenda when the first fold of Board of Investments’ website boasts how the World Bank has ranked Pakistan among top 20 performers in its ease of...
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Cotton woes: add inanity to the list
Concern over poor cotton output has rightfully taken centre stage over the past two months. The crop has gained sown area by 14 percent in the current season at the expense of competing crops, yet even...
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Nishat Mills Limited
Nishat Mills Limited (PSX: NML) is the flagship company of the business giant Nishat Group. Nishat group of companies is one of the largest business houses of Pakistan having presence in all major...
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APL: hurt by price and volumes
Starting afresh after a weak show in FY19 has not been possible for Attock Petroleum Limited (PSX:APL). The oil marketing company continued to be weighed down by lower inventory gains as a result of...
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POL: a dull start to FY20
It might be too early to predict any slowdown in the petroleum exploration and production (E&P) sector performance in FY20. But Pakistan Oilfields Limited (PSX: POL), which is usually the first in...
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Profits grow at UBL
UBL announced its 9MCY19 financial results yesterday, making good strides, accompanied with an interim dividend of Rs3/share. This was in addition to Rs5/share already paid by June 2019, taking the...
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PTCL group: profits slide
It was a tough quarter for the telecom giant. As per latest financials released to the bourse yesterday, the Pakistan Telecommunications Co. Limited (PSX: PTC) closed the third quarter ended September...
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Can tourism drive Pakistan?
Pakistan is being reimagined as a tourist destination; international influencers, v-loggers and mainstream global media are being invited to visit the country. Visa regime has also been relaxed, at...
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‘Promoting tourism in Sri Lanka from Pakistan’ an interview with Yasin Joyia...
Yasin Joyia has been associated with media and satellite industry for over 25 years. He is the Chief Executive Officer of Asian Media Group since 2006. Mr. Yasin completed his MBA from Adamson...
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Topline woes for PAKT
If the latest quarterly results are any guide, the formal tobacco industry is entering a period of contraction. In recent months, the two leading players had started showing displeasure with measures...
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ISL: screaming all signs of manufacturing recession
The economic planners of the country must cherish Pakistan’s moth-eaten manufacturing base in secret. At least that’s the lesson from the first quarter accounts announcement of International Steels...
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All is well at MCB
The challenging economic conditions seem to have done no harm to MCB Bank’s profits. The bank also continued with the rich tradition of high payout ratio, announcing Rs4/share as interim dividend, in...
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