Is Ernst & Young about to exit Pakistan?

Ernst & Young, the global accounting and professional services firm that goes by its brand name EY, is re-evaluating its relationship with...

Budget 2019-20: Salaried class to pay more taxes under PTI govt

Tax reliefs for salaried class introduced by the PML-N government have been withdrawn by the PTI led government in the latest budget.

Coca-Cola appoints Fahad Ashraf as GM for Pakistan, Afghanistan

The Coca-Cola Export Corporation (Pakistan) has announced a new leadership appointment with Fahad Ashraf taking over as the new General Manager for...

Monal restaurant’s owner becomes first entrepreneur to receive ‘Pride of Performance’ award

ISLAMABAD: Owner of Islamabad's Monal restaurant, Luqman Ali Afzal, became the first Pakistani to be awarded a Pride of Performance award for 'entrepreneurship',...

Amazon eyes expansion in Pakistan, eager to capture e-commerce market

Amazon officials have also ensured that every effort would be made to make the process of selling on Amazon easy for Pakistani nationals.

Alto 660cc set to get up to Rs150,000 costlier

LAHORE: Pak Suzuki Motor Company (PSMC) is all set to increase the price of Alto 660cc by Rs100,000 to Rs150,000 from August...

Punjab Food Authority declares 61 ghee, cooking oil brands ‘unhealthy’

PFA has declared 61 ghee and cooking oil brands unhealthy for usage and has further seized 47,233 litres of ghee and cooking oil

Rupee down by another Rs4.6 against dollar in interbank market, hits Rs147

Ibrahim Moosa for Mettis Global told Profit, "The Pakistani rupee is expected to depreciate against the US dollar further and the market expectation is at around Rs147-148."

Huawei applies to trademark its own operating system after US ban

LIMA/SHANGHAI: China's Huawei has applied to trademark its "Hongmeng" operating system (OS) in at least nine countries and Europe, data from a...

Business community demands aggressive crackdown against dollar mafia

'SBP should devise guidelines for local currency dealers so that only genuine buyers can buy dollars from the open market' ISLAMABAD: The business...

Hakim Said’s granddaughter takes charge of Hamdard

Fatema Munir Ahmed will serve as the new managing director and CEO of Hamdard Pakistan KARACHI: Fatema Munir Ahmed — granddaughter of Hakim...

Nestlé inaugurates $22m manufacturing plant in Sheikhupura

Punjab Governor Chaudhry Mohammad Sarwar inaugurated a state-of-the-art manufacturing plant at Nestlé Pakistan's Sheikhupura Factory. The production capacity of the Nestlé Fruita Vitals...

Atlas Honda to launch new 125cc motorbike on 4th

'The motorbike will be priced between Rs140,000-145,000' KARACHI: Atlas Honda Company, one of the leading bike manufacturers in Pakistan, is all set to launch...

Abraaj founder released from custody after $19 million bail payment

Arif Naqvi will have to surrender his Pakistani passport, wear an electronic tag and remain under 24-hour curfew LONDON: Arif Naqvi, the Pakistani...

Pakistan’s Airlift secures $12m in Series A financing

Airlift, a Pakistan-based decentralised mass transit system, has secured $12 million in Series A financing. The round was led by First Round...

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The spectacular decline of Hubco

It is not every day one can characterize a company that made Rs11.9 billion in profits last year as struggling, but there is no...

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PM orders strict action against food adulteration

ISLAMABAD: Prime Minister Imran Khan on Thursday directed the concerned officials to collect a complete data of adulteration in various basic commodities and medicines...