PM urged to strike preferential trade deal with US

'US should compensate to some extent the huge economic losses incurred by Pakistan post 9/11' ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) has urged Prime Minister Imran Khan to negotiate a preferential trade agreement (PTA) with the United States during his visit. In a...

Italian, Chinese majors vie in Pakistan’s mega LNG tender

LONDON/SINGAPORE: Italian oil major Eni, China’s overseas energy unit PetroChina and two trading houses are vying to supply liquefied natural gas (LNG) to Pakistan...

Govt increases fertiliser prices by Rs10 per bag

Razaq Dawood says govt withstood the pressure from fertiliser industry and only made a nominal hike Says in order to facilitate the farmers,...

Balochistan govt allocates Rs 9bn for the development of irrigation system

ISLAMABAD: Balochistan government had allocated Rs 9.098 billion for the development of irrigation system in the province. According to a official source, the provincial government...

Benami assets will be sold, proceeds to help end poverty: PM

MIANWALI: Prime Minister Imran Khan has said the accountability process will proceed unhindered regardless of any opposition and expressed the government’s resolve to confiscate...

In committing to exchange rate peg, PTI is repeating Ishaq Dar’s folly

The nature of Pakistan’s system of parliamentary governance is such that, while the budget is one of the most important pieces of legislation every year (the only bill explicitly mentioned by name...

Changing the way Pakistan learns mathematics

Ask any primary or lower secondary school student about the most difficult subject they have to study and, more often than not, the answer you will get is mathematics. Perhaps the earliest...

Is KASB Securities back from the dead?

It was among the biggest failures in Pakistan’s financial services sector: KASB Bank, the retail bank owned by the KASB Group had been dying a slow death since the financial crisis of...

Turkish tiles giant Kale becomes market leader among imported brands. What’s next?

Building a house is an opportunity that, for most people, only comes once in a lifetime. Keeping that in mind everyone wants to get the best of everything but then there is...

Is City Media Group doing what other media houses should be doing?

Deep into the winding, messy streets of a Lahore township, on one end of a broken road stands a building five stories high. The hustle and bustle of Punjab’s capital is reflected...

Need 5 million homes in five years? These three entrepreneurs might have answers

It is an audacious plan to say the least. Foolhardy if we’re being real, and straight up nuts if you’re a complete realist. In all of its near 72 years of existence...

Meet the entrepreneurs with the ticket to a multi-million dollar industry

--E-ticketing has finally found its place in Pakistan. But will Easyticket.pk and Bookme.pk be the next big thing, or are they just preparing the field for bigger companies to come in and...

The future of cars is electric, and Imran Khan wants to keep up

The world is dying. We have been told this time and time again but without a care as to the future the planet we continue to poison the planet, pumping harmful gases into the...

Is the modern professional too busy to exercise?

A friend of mine, who is several years younger, went for a regular medical check-up recently. He was told that he had...

The most worrying chart (Editor’s Note)

There is one chart that gives us a heart attack every time we look at it: one that shows Pakistan’s average income...

Ego and insecurity (Editor’s Note)

Being the best and being good enough are not the same thing, a distinction that the students, faculty, and alumni of the Lahore University...

“Boycotting imported products will elevate rupee and make Pakistan better off,” BS or not?

In response to the relentless hike in US dollar against Pakistani rupee, various campaigns online have urged Pakistani consumers to cut-off their purchase of...

Smuggled phones can be unblocked in the black market for Rs 2,000’: BS or Not?

Senator Mian Mohammad Ateeq Sheikh raised concerns in a Senate standing committee a few days ago over Pakistan Telecommunication Authority (PTA) blocked phones being...

‘Huawei phones have stopped working after Google pulls its Android license,’ BS or not?

 An increasing number of American and Chinese companies are feeling the damaging effects of the US trade war with China as it escalates. The...

Profit E-Magazine Issue 69

Profit E-Magazine Issue 69
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Cement prices surge to previous levels in Punjab

LAHORE: Cement prices, after witnessing a drop of almost 15pc during the last five months, have started reverting to the previous level in the northern...

FBR warns business community against under-invoicing, misdeclaration

The Federal Board of Revenue (FBR) has warned the business community against under-invoicing or misdeclaration of imported goods. “Otherwise, the FBR will take punitive action...

Power tariff likely to be hiked by another Rs3.5 per unit

The government of Pakistan, following its agreement with The International Monetary Fund (IMF) is likely to increase the power tariff by another Rs3.5 per...

FBR’s revenues to surge to Rs10.5tr by 2023-24: IMF

--'Rapid growth of tax revenues will be ensured through policy measures committed by Pakistani authorities' ISLAMABAD: The International...

Turkish tiles giant Kale becomes market leader among imported brands. What’s next?

Building a house is an opportunity that, for most people, only comes once in a lifetime. Keeping that in mind everyone wants...

Unilever Pakistan turns to import substitutes and exports

Currently, the multinational imports 75pc of its raw materials and exports only account for 1-2pc of its turnover. That all might...

‘Huawei to invest $100m in Pakistan this year’

Huawei vice president says his company will set up a technical support centre in Islamabad to create job opportunities for young engineers of...

Profit E-Magazine Issue 69

Profit E-Magazine Issue 69
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