B2B ecommerce marketplace Bazaar has raised an unprecedented $1.3 million in a pre-seed round from US and Pakistan-based institutional and angel investors, the company said in a statement. The investment round was led by Pakistan-focused...

Hey shehri babu, here is why you need to pay attention to the locust invasion

Back in February, Profit had done a feature on the swarms of locusts laying waste to entire yields of crops and threatening Pakistan's food security. The problem had seemed...

Amid soaring cases, govt mulls opening more sectors

–NCOC recommends keeping schools closed till August, restaurants to remain restricted to takeaway service only –Marriage halls likely to be allowed to operate with limited number of guests, one-dish rule ISLAMABAD: In...

Your salary does not get paid on time because the State Bank thinks bankers do not know how to do their jobs

How the central bank’s Prudential Regulations keep the banking sector from lending to the majority of the economy, and how it affects businesses and people
Pakistan
72,460
Total confirmed cases
Pakistan
1,543
Total deaths
Pakistan
26,083
Total recovered
All countries
6,266,192
Total confirmed cases
All countries
375,559
Total deaths

Opinion

Name’s matter, even in the stock market

"Whats in a name? That which we call a rose by any other name would smell as sweet" - Romeo & Juliet  Shakespeare was wrong....

The time for quick fixes at PIA is over

There is much about the crash of Flight PK-8308 that we do not know, including the precise cause of the crash. But there is...

The burden of over-regulation

In this edition of Profit, both our cover story and one of our main feature stories are about the financial services sector, and how...

Why the market cannot be trusted to develop a vaccine

  Are there enough incentives for firms to develop a vaccine for Covid-19? On the face of it, I shouldn’t even be asking this question....

Pakistanis don’t trust the PSX. They should

With the stock market looked at with suspicion, what investors need to understand is that fraud will always be out there, and being not having faith is just counterproductive.

KP’s very own grid company is up for a long haul journey

The Khyber Pakhtunkhwa (KP) government has recently decided to set up a provincial grid company, a decision being widely hailed as a move in...

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