The International Monetary Fund (IMF) will give Pakistan $1.4 billion next week “to boost its foreign exchange reserves and get some budgetary support in...

Big shopping malls agree to waive rents during lockdown

LAHORE: Almost all leading malls of the country, including Dolmen Mall, Packages Mall, LuckyOne Mall, Centaurus and Mall of Lahore, have waived April rents...

FATF extends action plan deadline for Pakistan till October

The Financial Action Task Force (FATF) has decided to extend the deadline for Pakistan to achieve all 27 points of its action plan till...

Comment

Let’s talk immorality and business 

Hoarding has been a problem in Pakistan for long, and in the world for longer. But reflecting on right and wrong might be what is necessary to fight this evil.

Govt set to take sugar cartels by the horns

–Firdous says CCP will be reformed to counter cartelisation in sugar industry, artificial food crisis –Says...

PTI govt’s debt surges Rs9.2tr to Rs33.4tr

ISLAMABAD: A whopping increase of Rs9,209 billion has been witnessed in government debt during the...

IMF postpones approval of review for $450m third tranche

ISLAMABAD: In the wake of situation emerging due to coronavirus and changing economic scenario,the International...

Imran reshuffles cabinet after damning report on sugar crisis

–Khusro Bakhtiar made economic affairs minister, Fakhar Imam to take charge of food security –Hammad Azhar...

Govt notifies Nausheen Amjad as new FBR chief

ISLAMABAD: Prime Minister Imran Khan on Monday appointed Nausheen Javaid Amjad, a senior officer of Inland...

Experts suggest duty-free import of sugar to curb cartelisation

LAHORE: Economic experts have recommended the government to lift the ban on sugar imports (allow duty free imports) and let the market decide the...

HBL joins govt’s Ehsaas programme to disburse Rs90bn 

HBL and Ehsaas have joined hands to enable the delivery of the Ehsaas Emergency Cash programme, the largest social safety net initiative in Pakistan’s...
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Listen. Read. Play: The Storykit story

The key to any good business initiative is choosing the right market, especially if you are planning on offering something that is new and...

What’s an American serial entrepreneur doing in Pakistan? Changing the way you bank, that’s what

In September 2018, 29-year old college drop out and serial entrepreneur Brandon Timinsky was invited to come visit Pakistan by an old college buddy....

The one stop solution to climate, social ills, and tax evasion: Sin tax

There is an excise levy known as the ‘Sin tax’, and a few months ago, it was the talk of the town. Notwithstanding Pakistan’s...

No PM, you’re wrong. We can afford a shutdown. Here’s how

A combination of cash transfers and government stimulus is necessary and doable as a temporary response to prevent massive loss of life and permanent damage to the nation's healthcare infrastructure

Can local financial data service providers compete with Bloomberg?

With nearly all local data service providers calling themselves the ‘Bloomberg of Pakistan’, will the real Bloomberg please stand up?

The great big Profit survey of the COVID-19 pandemic

For anyone who has lived in Karachi, particularly in the 1990s and late 2000s, the current scenes in Pakistan’s largest city are a familiar...

The Lahore High Court decision that could transform Pakistan’s mortgage market

On March 10, a five-member bench of the Lahore High Court issued a 103 page judgement on the issue of mortgaged property, a decision...

UIPT in Punjab has just gone digital, but what did it take to get here?

The Pakistan Tehreek i Insaaf (PTI) government has had a few hallmark policies and talking points. As the anti-corruption party, from the very beginning...

“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...

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...

‘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...
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Gold price surges to Rs103,800 per tola

ISLAMABAD: The price of a tola of 24-karat gold rose by Rs2,500 on Tuesday to Rs103,800, as per the Karachi Sarafa Association. The rate...

Big shopping malls agree to waive rents during lockdown

LAHORE: Almost all leading malls of the country, including Dolmen Mall, Packages Mall, LuckyOne Mall, Centaurus and Mall of Lahore, have waived April rents...

What’s an American serial entrepreneur doing in Pakistan? Changing the way you bank, that’s...

In September 2018, 29-year old college drop out and serial entrepreneur Brandon Timinsky was invited to come visit Pakistan by an old college buddy....

Fauji Foundation appoints Waqar Malik, a civilian as CEO and MD

The Fauji Foundation has appointed renowned corporate figure Waqar Ahmed Malik as its new Managing Director and Chief Executive Officer. The announcement has recently been...

Covid-19: Software house Netsol announces layoffs, pay cuts

NetSol Technologies, Pakistan's largest software house, has announced a 20-30pc cut in salaries across the board and has laid off several employees. According to a...

No PM, you’re wrong. We can afford a shutdown. Here’s how

A combination of cash transfers and government stimulus is necessary and doable as a temporary response to prevent massive loss of life and permanent damage to the nation's healthcare infrastructure

Virus lockdowns leave poultry industry on the verge of collapse

'Due to the closure of marriage halls and restaurants, poultry industry is incurring a daily loss of around Rs1bn'

Tech companies lay off employees, decrease salaries as uncertainty looms

LAHORE: Prominent software houses and tech companies have decreased the size of their workforce as well as reduced the salaries of their existing staff...