increase in revenues. For domestic sales 56 percent firma are optimistic while 53 firms see exports rising.
58 percent companies made investments in 2014 led by manufacturing sector where 70 percent of the companies increased investment. However bank borrowing increased in only 23 percent of the companies surveyed, declined in 27 percent and remained same in 50 percent. Bank borrowing was lowest in services sector where only 11 percent availed borrowing facility. Companies expect the bank borrowing to remain at more or less the same level in 2015.
On the employment side 43 percent firms reported increase in number of employees, 18 percent reported decline while number of employees remained same in 50 percent. Forty nine percent of the companies in manufacturing and services sectors reported increase in number of employees. Around 50 percent firms expect to increase number of workers in 2015.
58 percent of the firms survey said access to finance has a major impact on their business. The financial access was deemed important by 58 percent firms in manufacturing sector, 55 percent in services and 60 percent in retail. Unavailability of skill workforce was considered impediment to business by 52 percent of all firms surveyed. In manufacturing 58 percent firms considered unavailability of skills as an important hurdle.
People wait for their turn to withdraw money outside a bank in Islamabad. —AFP/FileKARACHI: The Pakistan Banks...
Sindh Energy Minister Syed Nasir Hussain Shah gestures during a meeting on March 19, 2024. —...
Rear Admiral Habib Ur Rehman HI. — Facebook@DgprNavy/FileKARACHI: Rear Admiral Habib Ur Rehman HI has officially...
An image of Gwadar Port, Balochistan. — Gwadar Port Authority website/FileKARACHI: The Trade Development Authority...
A woman carries Primark shopping bags on Oxford Street, in London, Britain, January 16, 2023. —ReutersSOUTHAMPTON:...
People throng at the Bohri Bazaar in Saddar, Karachi. — AFP/FileLAHORE: Our country remains burdened by deep-rooted...