General Economic Updates

Very surprised. Availability of local raw cotton could be one reason as they might be having issues with achievement of local demand. Imported raw materials could be expensive.

Correct, cotton has been imported to meet demand, cutting the bottom line.
 
The country is imploding from within—meanwhile Field Marshal and his stooge PM are touring around the world—selling whatever remains of Pakistan for personal extensions and legitimacy.

Another one bites the dust. And there are others on this forum thinking Pakistan will be some giant economy in a 5-year time span, or some nonsense along those lines.

Official: P&G to Shut Down Operations in Pakistan​




@Fatman17 @Forsvaret
 
Another one bites the dust. And there are others on this forum thinking Pakistan will be some giant economy in a 5-year time span, or some nonsense along those lines.

Official: P&G to Shut Down Operations in Pakistan​




@Fatman17 @Forsvaret


P&G, as an employer was not very ethical

had heard weird stories about P&G, good they are out
 
P&G, as an employer was not very ethical

had heard weird stories about P&G, good they are out

Yes, they did have issues regarding their supply chain practices that they didn't fully disclose, but which company doesn't? The main problem is that 1,000 families will lose breadwinners and face difficult times. Moreover, you don't have many new entrances to the Pakistani market to replace what's walking out the door.
 
Yes, they did have issues regarding their supply chain practices that they didn't fully disclose, but which company doesn't? The main problem is that 1,000 families will lose breadwinners and face difficult times. Moreover, you don't have many new entrances to the Pakistani market to replace what's walking out the door.

Consumer goods MNC exit wont affect us much

we should be worried about low inflationary pressures on fertilizers, cement and oil imports (so, as a result power generation volatility at higher output levels!)and untimely commodity imports (As against exports!)

with large supply shocks (that presumes inability to maintain long term stability!), in the above factors, any thought about, fall in public debt would be a mere figment of imagination!

FX changes are also brought about the price determination of the above factors!

so, any effort to curb FX exploitation, would also be 'repulsive'!

was there ever a time, in which, we successfully managed well these factors?!

no, so more floods will come and more devastation will take place!

along with more and more wealth!

all of this very well planned!

but, these are the sole income determining factors of elites too!
 
American multinational corporation Procter & Gamble said on Thursday that the company would wind down its manufacturing and commercial activities in Pakistan and rely on third-party distributors to continue to serve customers in the country as part of the consumer product group’s global restructuring programme.






 
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more job losses, lost of tech, etc ...not sure how that is a good thing.
They have already sold a lot of their manufacturing entities to local companies.
 

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