The Supreme Court of Pakistan has dismissed appeals against the interim order to restore the Ravi Urban Development Authority (RUDA) and said that the...
The Competition Commission of Pakistan (CCP) has initiated an enquiry into the suspected cartelization by primary dealers in the recent auction of T-bills carried out by the Government of...
The executive board of IMF has extended the date for the sixth review of Pakistan under the $6 billion extended fund facility which is scheduled to be carried out...
After being frozen in time for three years, the bank is making quick moves to get back in the race
World’s fifth largest copper and gold deposits will finally get to see the sun, as the government of Pakistan and Tethyan Copper Company seem to have reached an agreement regarding the division of shares at 50% each
The National Accounts Committee has revised the GDP growth rate for FY21 to 5.4% from 3.9% as per provisional estimates, the highest in 14...
The PTA has now not only banned TikTok, but has also nearly doubled the tax on iPhones, meaning it has destroyed...
Profit Editor Khurram Husain talks to Ariba Shahid about her story on a potential tax arbitrage by some oil marketing companies to rake in a tidy profit.
Banks are at a loss at how to deal with bad faith actors defaulting away – along with a sloth like judiciary that allows them to get away
Profit Economics Class # 1
Asad Nizami talks to Taimoor Hassan about the latter’s story in last week’s issue of Profit about whether a Pakistan edTech company can replicate the Byju model from across the border
In Case You Missed it
Mogas imports from China rose to 16pc of the total in 2021 under the CPFTA II, but could not prevent retail prices from reaching record highs
As demand for the greenback skyrockets, the central bank finds itself forced into novel forms of interventions to keep the exchange rate from falling
How the industry has taken to selling it more as an investment and less as financial protection, often deceiving customers about the true nature of their product, shaking the public’s trust in a country that already has the lowest insurance penetration in the region
The country was once one of the largest cotton producers but lately it is finding it hard to meet its cotton production targets, and all the players blame each other
Religious dress codes exist for women, but not men. Discrimination against religious minorities can get quite explicit, and even against non-religious Muslims. Will this spread to other parts of Corporate Pakistan?
Pakistan is finally on the global venture capital map, undeniably a good thing for the country’s economy and startup ecosystem. But if expectations are not aligned with reality for both investors and entrepreneurs, the party could end very quickly