Firms Experience Lower Growth, Investment
October 25, 2017
As Pakistan transitions from a low growth to a higher growth trajectory, the business community will have to take a leading role, especially for export promotion and employment generation. Recently the Technology Management & Innovation Centre of the Lahore School of Economics conducted its third business confidence survey of firms with the Lahore Chamber of Commerce & Industry (LCCI). Data was collected from 445 firms who completed the 2017 year’s survey, and firms that responded were from a variety of sectors (manufacturing, services and retail sectors) which helped in finding the differences in the economic performance across various sectors.
The survey began by looking at how both domestic and global factors impacted firm’s output. Comparison of revenues from total sales between this years’ and last years’ survey results revealed that across industries total sales have decreased (as this year only 45% of firms have reported an increase in total sales as compared to 49% of firms in the previous year). The manufacturing sector seems to been the most affected as only 43% of manufacturing firms have reported increase in revenues from total sales in this year as compared to 61% of firms in the previous year. Similarly, this year only 24% retail firms experienced an increase in total sales as compared to 31% firms in the previous year. On the other hand, it is interesting to note that 10% more firms from the services sector have reported an increase in their total sales this year, with 61% of firms reporting an increase in total sales this year as compared to 51% of firms in the previous year.
Read more »Labels: Lahore School, LCCI, Research, Technology Management and Innovation Centre
posted by S A J Shirazi @ 10/25/2017 02:32:00 PM,
Sample of firms: Survey reveals guarded optimism
September 08, 2016
Pakistan’s years of suffering through a crippling economy seem to be coming to an end and all that is needed now are strong policies that benefit the country in the short as well as long run, stated a survey.
A recent business confidence survey conducted by the Lahore School of Economics and the Lahore Chamber of Commerce and Industry (LCCI) covered a variety of firms across three sectors – manufacturing, services and retail – and found that these companies had grown over the last year in terms of sales, investment, size and technology.
In general, the sample firms expressed optimism, anticipated higher growth, and have invested in innovation which points towards renewed economic growth in these sectors.
Also here
Labels: Exports, Lahore School of Economics, LCCI, Manufacturing, Pakistan, Research
posted by S A J Shirazi @ 9/08/2016 02:07:00 PM,
Business Confidence Survey 2015
September 18, 2015
Over the past few years the Pakistani economy has faced a host of challenges and there is a general consensus that economic growth has slowed down significantly. Presently, the Pakistani economy has begun to stabilize and during this time it is critical to develop policies that take into account both the long term economic needs of the country as well as the short term needs of the business community.
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| PHOTO: NNI Via Express Tribune |
In March 2015, Lahore Chamber of Commerce & Industry (LCCI) and the Lahore School of Economics signed a Memorandum of Understanding which established a link between academia and the business community. As part of this collaboration, the Lahore Chamber of Commerce & Industry and the Lahore School of Economics have recently conducted a business confidence survey of firms in order to determine industry specific trends as well as the general macroeconomic trends. The survey was conducted with a variety of firms across three sectors, the manufacturing sector, the services sector and the retail sector, and the results from the survey show that the feeling amongst the business community is cautiously optimistic.
Read more »Labels: LCCI, Managing Business in Pakistan, Pakistan Economy, Research
posted by S A J Shirazi @ 9/18/2015 02:54:00 PM,
Business Confidence Survey
Click here to read (pdf)
Also see in More Magazine, The Nation, Express Tribune and The News
Labels: LCCI, Managing Business in Pakistan, Pakistan Economy, Research
posted by S A J Shirazi @ 9/18/2015 11:20:00 AM,
Lahore School and LCCI accord
March 10, 2015
Strengthening industry-academia linkage, Lahore School of Economics (Lahore School) and Lahore Chamber of Commerce and Industry (LCCI) inked a Memorandum of Understanding that would pave way for joint research and seminars on economic issues.
The accord aims at capacity building programmes through training and empowerment by a mutual collaboration between business community and educational institutions.
Read more »Labels: Lahore School, LCCI, Memorandum of Understanding
posted by S A J Shirazi @ 3/10/2015 10:59:00 AM,
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