Bangladesh bourse approves China’s bid, rejects India offer

DHAKA: Bangladesh has agreed to sell a large stake in its stock exchange to a Chinese consortium, an official said Tuesday, rebuffing a rival...

Political instability damaged economic growth more as compared to terrorism: Dr...

ISLAMABAD: State Bank of Pakistan’s former governor Dr Ishrat Husain said that political instability in Pakistan has damaged the economic growth more than what...

Sugar Sharks: How does the most powerful lobby in Pakistan get its way?

Scores of sugarcane-laden lorries are parked on the main road in front of an abandoned car-making plant in Sujawal district, about 130 kilometres from Karachi. The signboard on the deserted factory says Dewan Farooque Motors...

Is Treet Corporation Pakistan’s next big conglomerate?

Syed Sheharyar Ali is now the fourth generation of his family to be a major business owner in the region that is now Pakistan, and fifth if you count his great-great grandfather Syed Wazir...

E-commerce: Where does Pakistan stand?

Pundits predict hitting $1 billion mark by 2020 In today’s digital world where the West is positioned firmly in the e-commerce market, the Asia-Pacific region (APAC) no longer lags that far behind. In 2015,...

Lethal medicine

Old furniture scrap and dried leaves scattered on the floor welcome whoever enters this worn-out Raj era building that houses an important department in the province – the Drug Control Administration. In the room...

Fit in Punjab, unfit in Sindh?

In a first, the Supreme Court of Pakistan’s Karachi registry banned selling and distribution of four brands of packaged milk including Nurpur and Dayfresh in Sindh after Pakistan Council of Scientific and Industrial Research...

Klockwork’s mantra: The bigger, the better

With clients like the Pakistan Association of Automotive Parts & Accessories Manufacturers, Habib Construction Services, and the government of Punjab, Klockwork positions itself in the category of event managers responsible for signature, high-end events....

Pak pharma industry suffers from government’s shackles

A thriving sector in Pakistan’s economy, pharmaceuticals is a $3.2 billion industry, growing at 15% annually, while its exports now at $US200 million are also continually on the rise – quite impressive given the...

3 men show how to successfully mix business with pleasure

Abandoning jobs mid-career is something that the less adventurous abhor. After all who would want to leave the safety of a job with a decent salary, in the bank at the end of the...

An annoying blend of oddities!

Commercial business activity, encompassing all economic and monetary pursuits, from delivering a newspaper to managing a multimillion rupee company in Pakistan, is perhaps like...

The year in energy

Corrupting power

Powerful smog

Dollar brawler

Editors Note: Passing the baton

She’s going to be the fourth Tapal to run the tea empire. The odds are against Mehvish Tapal. At least statistically speaking. Studies have...

Editors Note: Dalda goes public

With our financial capital markets as nascent as they are, any discussion of a major company going public is going to be half parts...
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Sugar Sharks: How does the most powerful lobby in Pakistan get its way?

Scores of sugarcane-laden lorries are parked on the main road in front of an abandoned car-making plant in Sujawal district, about 130 kilometres from...

Is Treet Corporation Pakistan’s next big conglomerate?

Syed Sheharyar Ali is now the fourth generation of his family to be a major business owner in the region that is now Pakistan,...

Rupee slide allowed wholesalers to earn additional 5pc on their imports

KARACHI: As the dust settles after the pandemonium of rupee’s devaluation, wholesalers who already had paid in advance before the depreciation occurred, took advantage...

AGP IPO: Book-building process ends up in strike price of Rs80

LAHORE: The book-building process of the Initial Public Offering (IPO) of AGP Limited, one of Pakistan’s leading pharma companies has resulted in a strike...

Govt may temporarily reverse import policy on import of new/used cars

ISLAMABAD: The government is contemplating a reversal of Economic Coordination Committee’s (ECC) decision to lift moratorium on import of three-year old used cars, sources...

In second IPO of 2018, pharmaceutical company AGP set to get listed on PSX

KARACHI: AGP Limited, one of the country’s topmost local pharmaceutical companies is gunning for an initial public offering (IPO), an official of JS Global...

Govt allows PSO to import furnace oil for power sector after three-month ban

ISLAMABAD: The government lifted a three-month ban on import of furnace oil as it directed state-owned Pakistan State Oil to ensure import of 180,000...

Sirajuddin Aziz joins Habib Bank AG Zurich as Group Financial Institutions CEO

KARACHI: Sirajuddin Aziz has been elevated as the Group Financial Institutions CEO, along with being entrusted with other responsibilities, in Habib Bank AG Zurich...