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,
Dean Faculty of Economics meeting with Facebook Product Growth Manager for Pakistan
October 13, 2017
Mr. Badar Khushnood, an alumnus of the Lahore School of Economics from the 1998 batch, was invited at the Technology Management & Innovation Centre of the Lahore School of Economics on 10th of October 2017.
Mr. Khushnood is currently working with Facebook as a Product Growth Manager for Pakistan and is also the co-founder and Director of Bramerz, Pakistan’s leading Digital & Social Media Agency. Mr. Khushnood also served as Pakistan Country Consultant for Twitter and Country Consultant for Google Pakistan.
Dr. Azam Chaudhry, Dean Faculty of Economics, elaborated some of the major projects being carried out by the Technology Management & Innovation Centre and also discussed the prospective of collaboration with Bramerz with some of the forthcoming projects of the centre. The meeting was also attended by Dr. Theresa Chaudhry, Professor of Economics & Senior Researcher and Umair Ayaz and Saman Khan (Researchers at the Technology Management & Innovation Centre).
Labels: Alumni, Lahore School, Technology Management and Innovation Centre
posted by S A J Shirazi @ 10/13/2017 10:17:00 AM,
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