K-Electric posts Rs32.75bn profit

KARACHI K-Electric (KE) held its 106th Annual General Meeting (AGM) for the FY 2016, chaired by Independent Director Khalid Rafi, in the presence of CEO...

Conflicting updates surface on Alibaba’s talks to buy major Telenor Bank...

LAHORE An atmosphere of uncertainty prevailed when conflicting news on Alibaba's interest in Telenor Banks surfaced. Earlier Jack Ma’s Alibaba, the world’s biggest e-commerce player, had...

Robin Hood of the Fintech world

In 2001, in Karachi, he forecast on the cell phone penetration in the country: by 2010 a hundred million people in Pakistan will have feature phones – a prediction deemed as ‘outrageous’ by the...

What happened at Habib Bank in New York?

The Grand Central Terminal in New York is, by some measures, the largest train station in the world, covering 48 acres in the heart of midtown Manhattan, with 44 platforms serving 56 tracks –...

Sound and stable, despite the rather steep fall

From 52,000-plus, the KSE-100 index’s fall to 41,000 points or thereabouts in under three months, Haroon Askari, Acting Managing Director (AMD) PSX remains unperturbed. To him, PSX is still sound and stable – “I...

Inov8, Flying below the radar

PAKISTAN'S LARGEST FINTECH IS POISED TO CHANGE THE PAYMENT LANDSCAPE OF PAKISTAN Founder and Co-CEO of Inov8 Limited, Hasnain Sheikh, is a man of few but powerful words. He speaks with a confidence which is almost...

Jazz going in for the kill

It is 6:30 on a Sunday (August 20) evening, a roadside vendor, using open cry method, lures half a dozen men to his shop – a small wooden table and chair under a patio...

Over four years of PML-N, Pakistani exports take a major hit

By the end of 2016-17 fiscal year, export receipts have over the past four years on the bounce have been sliding big time – by as much as 17 percent compared to where they...

A touch of modernity reaps much higher returns

Nestle, MRI collaboration on Chaunsa Project already a huge success Frustrated with persistent decrease in the yield and productivity of his mango orchards, Malik Mazhar Hussain had some years ago started leasing them out. Some...

Excelling at business while fighting with a killer disease

The decorations in his room contain awards, pictures taken with dignitaries recognizing him, souvenirs and sculptures of Hindu gods and goddesses. Designed in the fashion of a CEO’s office, the person behind the desk...

Stemming the Tide: The Halting of Brain Drain in Pakistan vis-à-vis...

BY: Muhammad Muzammil Zia & Ismail Pirzada, Centre of Excellence for China-Pakistan Economic Corridor, (CoE-CPEC) [email protected] www.cpec-centre.pk LAHORE Since the independence of Pakistan, the South Asian drive and appreciation...

Return of the Bull

Renewed beginnings

Technology Vs Crime

Editor’s Note: An all-or-nothing bet

Those that the gods want to destroy, they first make promising. And promising is what Warid was when it entered the Pakistani telecom market....

Editorial–Incentivising consumers for desired behaviour

  The promise of digital banking is alluring. The realization so far has been elusive. Though the field might not exactly be dormant, it is...
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50 reasons to keep your faith in Pakistan

Though it is a moot point what our political, socio-economic conditions should ideally have been today, had the road not been uphill all the...

What happened at Habib Bank in New York?

The Grand Central Terminal in New York is, by some measures, the largest train station in the world, covering 48 acres in the heart...

Habib Metro Modaraba set to get listed on PSX

Lahore: Habib Metro Modaraba shares are set to get listed on the Pakistan Stock Exchange (PSX) as its initial public offering starts from September...

Jazz going in for the kill

It is 6:30 on a Sunday (August 20) evening, a roadside vendor, using open cry method, lures half a dozen men to his shop...

‘Investors of real state in Gwadar uncertain as NAB sends ‘strange’ notices’

ISLAMABAD The National Accountability Bureau (NAB), to some extent, has become a hurdle in the development of Gwadar, as investors of real estate and owners...

Post penalty HBL appoints ex-SBP governor Ashraf Wathra as consultant international operations

Profit Exclusive Lahore: Taking cognizance of the negative fallout of its exit from the United States, on top of a hefty US$225 million fine, over charges...

Robin Hood of the Fintech world

In 2001, in Karachi, he forecast on the cell phone penetration in the country: by 2010 a hundred million people in Pakistan will have...

Air Sial to kick-off flights this week

KARACHI It was reported that a new airline by the name of Air Sial is set to begin its flight operation from the ongoing week. According...