Moody's Investors Service, on Tuesday, confirmed the B3 long-term local-currency and Caa1 foreign-currency deposit ratings of five Pakistani banks. The banks include Allied Bank Limited (ABL), Habib Bank Limited (HBL), MCB Bank Limited (MCB), National...

Govt shortlists HSBC UK employee for FBR’s CIO position

The UK-based tech expert, who is likely to be appointed as FBR's chief info officer for three years, will be given the task to automate Pakistan's tax collection system

IMF programme in limbo as key targets remain unfulfilled

ISLAMABAD: The International Monetary Fund (IMF) would review Pakistan's performance under the Extended Fund Facility (EFF) in the last week of September.  According to sources, the IMF team is scheduled...

The ARY story: How a keen mid-tier trading family became one of the most powerful conglomerates of Pakistan

From the gold traders accused in bribery scandals to the owners of a media empire, the ARY Group continues to grow… without shedding any of its controversial baggage

Inside the stealth online grocery distribution unit by Unilever Pakistan

Having experimented with online marketplaces and e-tailers for a number of years and seen the growth of e-commerce, including the growing pains for doing so, Unilever Pakistan has set aside a $1 million investment to launch its own owned e-commerce site for all its products, across the B2B and B2C product portfolio. Profit has the exclusive.

Balochistan Particle Board has declared bankruptcy. Someone wants to buy it anyway

A company that has not produced its core product since 1997 is trying to resist a hostile takeover. Can someone explain what is going on?

Is the cement cartel back in action?

As the construction industry is given packages and concessions to get back up on its feet, does the rise in cement prices that followed mean the cement sector is back to its old tricks?

Could PMEX transform the Pakistani farm for the better? Maybe

The commodities exchange could change the way farmers raise capital and the way agriculture is conducted in the country, but it needs the supply chain infrastructure to catch up

Opinion

Rent-seeking behaviour

The biggest difference between being pro-free markets – which this publication is – and being pro-business – which is a seemingly similar, but completely...

Home sweet home

As the world changes, it pivots and zooms into our homes, which now play a much bigger role in our lives.

Correcting market failure

This publication is generally in favour of free markets, which in practice can often mean an opposition to what we view as unnecessary or...

Cutting through red-tape with e-residency

Estonia is the first country in the world to establish ease of business through e-residency, and Pakistanis may benefit from it

The last refuge of the scoundrel

Perhaps we should not be surprised that it has come to this, but – even though we make it our business to approach every...

The culture of safety

In the aviation industry, safety is a given, right? Wrong, especially in Pakistan

Headlines

Covid waiver down to 25pc by Dolmen REIT

BoD decides to waive 25pc rent for tenants having retail outlets in 'Dolmen Mall Clifton' for the month of Aug 2020; minimum rent will not be charged to those who are closed or have limited operations 

PM to decide on OGRA chief’s appointment soon

Selection committee shortlists five candidates for OGRA's top slot

APRA demands round-the-clock opening of restaurants

'Due to prolonged lockdown, the restaurant industry of Sindh is teetering on the brink of complete collapse, with some fearing irreparable losses'

Features

Inside the stealth online grocery distribution unit by Unilever Pakistan

Having experimented with online marketplaces and e-tailers for a number of years and seen the growth of e-commerce, including the growing pains for doing so, Unilever Pakistan has set aside a $1 million investment to launch its own owned e-commerce site for all its products, across the B2B and B2C product portfolio. Profit has the exclusive.

Ibex Ltd, TRG’s subsidiary, finally going public on the NASDAQ

Speculation about the impending IPO has led to a run up in the parent company’s stock on the PSX

Balochistan Particle Board has declared bankruptcy. Someone wants to buy it anyway

A company that has not produced its core product since 1997 is trying to resist a hostile takeover. Can someone explain what is going on?

Is the cement cartel back in action?

As the construction industry is given packages and concessions to get back up on its feet, does the rise in cement prices that followed mean the cement sector is back to its old tricks?

Could PMEX transform the Pakistani farm for the better? Maybe

The commodities exchange could change the way farmers raise capital and the way agriculture is conducted in the country, but it needs the supply chain infrastructure to catch up

The ARY story: How a keen mid-tier trading family became one of the most powerful conglomerates of Pakistan

From the gold traders accused in bribery scandals to the owners of a media empire, the ARY Group continues to grow… without shedding any of its controversial baggage

In religious tourism, it’s strictly business. Now the govt wants to regulate it like one

For decades there has been no policy managing the religious tourism to Iran, Iraq, and Syria, allowing tour operators to work with impunity. The government finally wants to regulate it.

PTA offers leniency in VPN registration process. But will it be enough?

During the Covid-19 pandemic, PTA has allowed applicants to pay fee online and send undertaking on their business letterheads instead of judicial papers

Microsoft aiming to buy TikTok’s entire global business: report

TikTok is currently facing a Sept 15 deadline to either complete a sale of its US operations to Microsoft or face a ban in the United States

National

94,027FansLike
12,174FollowersFollow
755SubscribersSubscribe