BR Research

The cement industry is all ready to add nearly 30 million tons of new capacity by FY25, expecting the market demand for cement to grow in the range of 8-10 percent annually over the next few years #cement #cementindustry #Pakistan brecorder.com/news/40138037/…

Special Economic Zones are the test ground for reforms,policies, industrialisation and investment. Where many countries have adopted the SEZ model, Chinese progress is unmatched. #SpecialEconomicZones #CPEC #Pakistan brecorder.com/news/40138038/…

The country’s #digitalexports have been responding well. As per latest data from the SBP, the exports of ‘Telecommunications, Computer and Information services’ (or #ICTexports) stood at $830mn in Jul-Oct period of FY22 #Pakistan brecorder.com/news/40138039/…

The SBP is backtracking trying to curtail these loans, directly or indirectly. The interest rate is back up, higher than expectation, and SBP has slapped limits on auto financing. It is chaotic. #economy #inflation #Pakistan brecorder.com/news/40135490/…

Poultry prices again demonstrated abnormal behaviour during the pandemic year, when prices remained in the elevated range for 40 percent of the days during 2020 – more often than they remained depressed. #poultry #poultryprices #Pakistan brecorder.com/news/40135491/…

Pakistan external account is almost always in stress when the international oil prices hover over $70-80 mark. Current account slips due to higher import bill. #oilprices #Inflation #petroleumprices brecorder.com/news/40135492/…

The IMF mission’s concluding statement is out. Staff level agreement for the sixth review is reached. The news came right after SBP’s increase in the policy rate by 150 bps in a monetary policy review preponed by a week. #IMF #Pakistan brecorder.com/news/40135220/…

The #FDI needle is not moving in #Pakistan. The #foreigninvestment has continued its declining trend with 4MFY22 net FDI standing 12 pct year-on-year lower led by a 23.7 pct rise in outflows and 3 pct year-on-year decline in inflows. #foreignexchange brecorder.com/news/40135218/…

Poultry prices are on the rise again. As per weekly SPI, national average broiler prices increased by 8.26 percent over the previous week to reach their highest level in six months. brecorder.com/news/40134829/… #poultryprices #broilerprices #Pakistan

The current account slippage is not coming under control. The deficit stood at $1.7 billion in October – biggest monthly deficit since Dec 2018. The toll stood at $5.1 billion (annualized 4.7 percent of GDP) in Jul-Oct 21. #currentaccount #GDP #Pakistan brecorder.com/news/40134830/…

#HondaAtlasCars (PSX: #HCAR) is back to stability after fighting covid as well as the economic slump that was happening pre-covid. brecorder.com/news/40134452/…

#PakistanCottonGinnersAssociation (PCGA) released its fortnightly report card, pressing the brakes on premature celebrations hailing victory over cotton output. #COTTON #Pakistan brecorder.com/news/40134453/…

The monetary policy decision is today. The committee meeting has been preponed by a week in light of recent developments in the currency movement (“Currency: Fasten your seat belts”, Nov 12, 2021). brecorder.com/news/40134454/… #StateBankofPakistan #monetarypolicy #currency

The Petroleum Differential Claim lasted four days, before the government rushed to increase prices. Come Nov 16, 2021, normal services seem to have resumed, as the authorities continue to be pressed in the wake of high global #crudeoilprice. #PetrolPrice brecorder.com/news/40133921/…

IT exports’ share in Pakistan’s overall services exports also improved to 31 percent, compared to 27 percent in 1QFY21. #ITexports #computerservices #Pakistan brecorder.com/news/40133920/…

The more they remain the same. It was inevitable that car makers would raise prices as their costs increased (price hikes were predicted in this space several times. #carsales #carprice #Pakistan brecorder.com/news/40133919/…

The more they remain the same. It was inevitable that car makers would raise prices as their costs increased (price hikes were predicted in this space several times. #carsales #carprice #Pakistan brecorder.com/news/40133919/…

The upbeat momentum of home remittances continues. The toll stood at $2.5 billion in Oct21 – eight consecutive months of remittances over $2.5 billion. #remittances #foreignexchange #Pakistan brecorder.com/news/40133644/…

2021 may very well be named the year of Pakistan’s agriculture revival. Whether it is the return of Pakistan’s most important cash crop #cotton, to record crop yields in other major crops #agriculturesector #Pakistan brecorder.com/news/40133645/…

The power regulator approved Rs2.53per unit on account of monthly Fuel Charges Adjustment (FCA) for 2021. This is by far the highest ever FCA adjustment and takes the average 1QFY22 FCA to Rs2/unit. #PetrolPrice #fuelprice #fueltariff brecorder.com/news/40133646/…