Rupee plunges to record low of Rs128 against greenback in inter-bank market

The rupee started intra-day trading Monday at Rs121.55, shooting up to Rs127.5 before peaking to a high of Rs128 in the inter-bank market against the greenback before settling down at Rs128

Are stories of PIA’s turnaround true?

The new CEO is well-credentialed and well-meaning, but can he alone overcome the national carrier’s myriad challenges?

The return of Husain Lawai’s legal troubles

One of Pakistan’s leading bankers, Lawai’s career continues to be dogged by allegations of money laundering and illegal activities

Govt likely to impose additional 3pc duty on more than 1000...

The former government had revised RD on dozens of imported items in December 2017 to meet the revenue target

Dollar rises to 128.75 as Rupee devaluation persists

KARACHI: The devaluation of the local currency against the US dollar continued in the interbank market on Tuesday as the greenback soared to an...

Are stories of PIA’s turnaround true?

The new CEO is well-credentialed and well-meaning, but can he alone overcome the national carrier’s myriad challenges?

The return of Husain Lawai’s legal troubles

One of Pakistan’s leading bankers, Lawai’s career continues to be dogged by allegations of money laundering and illegal activities

Media Wars

Traditional news organisations are caught between many a devil and a deep blue sea: Fake news, social media, ever falling revenues combined making it an uphill task to keep their heads above water

Pakistan Textiles flourish despite the odds

Rendered uncompetitive owing to high utility prices, the Pakistan textile exports still make an appreciable surge

Pakistan, the next outsourcing hub?

With India and the Philippines ratcheting up the rates, will Pakistan be able to jump on the BPO bandwagon?

Will outsourcing help solve Pakistan’s tax problem?

PML-N’s Miftah Ismail suggests the government can raise a lot more revenue if it outsources many of the FBR’s functions. But is it the panacea or would it create more problems than it solves?

Fintechs: Goliaths of today, dinosaurs of tomorrow?

Innovation is not the done thing in Pakistan’s commercial banking and soon Pakistan’s financial services industry is expected to witness a David-and-Goliath contest of sorts, with Fintechs with negligible capital taking on commercial banks with billions, even trillions, in assets – and beat them

Daehan: Korean or Vietnamese? Well, what’s in a nationality?

In an era of globalisation, where a company is from, and what country its brand name should be associated with is increasingly becoming a matter of interpretation. In April 2016, to much fanfare, the...

What makes Pakistan plump for IMF time and time again?

Pakistan has been approaching International Monitoring Fund (IMF), intermittently, since 1988. The last programme was successfully completed during the period 2013-16. However, within a...

The year in energy

Corrupting power

Editor’s Note: PIA’s turnaround effort

It is no secret that Pakistan’s state-owned enterprises are almost invariably badly run, but even by the Government of Pakistan’s atrocious standards, the national...

Editor’s Note: Outsourcing: What is it good for?

If there is one theme that dominates this issue of Profit, it is unquestionably outsourcing. Our cover story explores Pakistan’s miniscule business process outsourcing...
47,938FansLike
1,896FollowersFollow
4SubscribersSubscribe

SCO, PTCL sign agreement to provide connectivity between China, Pakistan

The project's total cost is projected at $44 million and 85 per cent of the loan has been provided by Exim Bank of China at a discounted rate

Don’t cast your vote before you’ve seen these WhatsApp leaks

Two fictional characters each representing the PTI and PML-N, engage in an enlightening WhatsApp conversation that can help prospective voters make the key decision at the ballot box.

Election 2018: Political parties release specific plans for CPEC

ISLAMABAD: With the General Election 2018 around the corner, almost all major political parties have come up with their respective election manifestos featuring their...

Rupee plunges to record low of Rs128 against greenback in inter-bank market

The rupee started intra-day trading Monday at Rs121.55, shooting up to Rs127.5 before peaking to a high of Rs128 in the inter-bank market against the greenback before settling down at Rs128

Are stories of PIA’s turnaround true?

The new CEO is well-credentialed and well-meaning, but can he alone overcome the national carrier’s myriad challenges?

OLX, CarFirst set to join hands

OLX has globally invested $89 million in CarFirst parent company, Frontier Car Group

India’s becomes world’s sixth biggest economy, surpasses France

India's gross domestic product (GDP) amounted to $2.597 trillion at the end of last year, against $2.582 trillion for France

Fed asks United Bank to strengthen anti-money laundering policies

No civil penalty has been imposed on UBL, read the stock market notification