For multinationals, Pakistan beckons… This i
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Posted On: 02/04/2017 9:07:40 PM
For multinationals, Pakistan beckons…
This is a friends post from another site. He is a fund manager specializing in global companies.I got RNVC I posted from him as well. His twitter link is at the bottom.
https://www.wsj.com/articles/pakistans-middle...1485945001
[Quote:
Although often overshadowed by giant neighbors India and China, Pakistan is the sixth most-populated country, with 200 million people. And now, major progress in the country’s security, economic and political environments have helped create the stability for a thriving middle class… 38% of the country is middle class, while a further 4% is upper class. That’s a combined 84 million people—roughly equivalent to the entire populations of Germany or Turkey.
…during the past three years, deaths from terrorist attacks have fallen by two-thirds, as the army battles jihadists. Economic growth reached an eight-year high of nearly 5% in the past financial year, and China has begun a multibillion-dollar infrastructure investment program. The Karachi stock market rose 46% last year and continues to soar.
I asked Roy what US global companies are in there and he said the biggest are Nestle and Unilever, both non US based, but at US listed. But it is more of a watch situation as the country get more commercialized.
http://stockcharts.com/h-sc/ui?s=PAK&p=D&...6441294552
https://twitter.com/DewDiligence
This is a friends post from another site. He is a fund manager specializing in global companies.I got RNVC I posted from him as well. His twitter link is at the bottom.
https://www.wsj.com/articles/pakistans-middle...1485945001
[Quote:
Although often overshadowed by giant neighbors India and China, Pakistan is the sixth most-populated country, with 200 million people. And now, major progress in the country’s security, economic and political environments have helped create the stability for a thriving middle class… 38% of the country is middle class, while a further 4% is upper class. That’s a combined 84 million people—roughly equivalent to the entire populations of Germany or Turkey.
…during the past three years, deaths from terrorist attacks have fallen by two-thirds, as the army battles jihadists. Economic growth reached an eight-year high of nearly 5% in the past financial year, and China has begun a multibillion-dollar infrastructure investment program. The Karachi stock market rose 46% last year and continues to soar.
I asked Roy what US global companies are in there and he said the biggest are Nestle and Unilever, both non US based, but at US listed. But it is more of a watch situation as the country get more commercialized.
http://stockcharts.com/h-sc/ui?s=PAK&p=D&...6441294552
https://twitter.com/DewDiligence
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