Business growth: JETRO survey ranks Pakistan second in world

[farhan_9909]

Pakistan has been ranked second in the world in terms of business growth in a survey, conducted by the Japan External Trade Organisation (JETRO).

The current survey – which examined records of 9,371 Japanese firms operating across the world – put Pakistan just behind Taiwan in terms of business generated; leaving behind both India and Japan, media reports said.

Pakistan’s data was generated from 27 Japanese firms doing business here. The results found that 74.1% of the Japanese companies estimated operating profit in 2013, allotting second rank to Pakistan only after Taiwan (81.8%).

Published in The Express Tribune, February 1st, 2014.

Business growth: JETRO survey ranks Pakistan second in world – The Express Tribune

 

[PakPrinciples]

If interested the survey I believe they are referencing is the following:
http://www.jetro.go.jp/en/reports/survey/pdf/2013_12_27_biz.pdf

Interesting Points:

• Pakistan shortly followed Taiwan in terms of firms expecting to be profitable
• Proportion of firms expecting to make a "loss" was high in Southwestern Asia (ex. India) along with Cambodia, Laos and Myanmar.
• Double digit wage growth in Pakistan since 2012 among a few other countries (includes India and Bangladesh)
  
• 81.5% of firms in Pakistan have a strong intention of expanding business within the country