Startups are brave to operate in Pakistan – because the govt really doesn’t get them
The government does not support the startup ecosystem beyond acknowledgements and awards
The ‘real estate’ scams that have bled into the bones of the Ravi Urban Riverfront Project
Despite RUDA’s many powers and warnings, real estate agents have managed to wreak havoc
Is the PSL good business? For the PCB, yes. For the teams, not so much
The implementation of a new revenue sharing model has the hopes of the franchises up. But do some of them even want to run it like a business?
Is a third LNG terminal just a pipe dream?
No hot water, no gas heaters, and no gas for cooking in peak winters. What in the world is going on?
IMF – Back to square 1
More rate hikes, currency depreciation, taxes, expenditure restraints are now on the cards as the government finally moves to unwind its stimulus measures and return to stabilization with the resumption of the IMF program.
Will the FBR be able to tame the retail sector?
In November 2021, the Federal Board of Revenue issued a list of 608 big retailers which it had categorised as ‘Tier-1.’ These...
Will the fixed broadband revolution please rise?
Any hope of turning Pakistan into an IT hub will need serious investment in fixed broadband infrastructure
The extraordinary TRG EGM saga
Zia Chishti went quietly as the EGM spelled a shakeup for TRG
Chinese petrol drive OMC profits
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
Flight to the dollar and the new shape of currency supports
As demand for the greenback skyrockets, the central bank finds itself forced into novel forms of interventions to keep the exchange rate from falling
Gas shortages hit, Refinery closures loom
Gas shortages have forced disconnections for industry while refineries closures are looming around the country due to rising furnace oil stocks that the power sector is not lifting. This winter finds the country in an unusually sharp fuel supply crisis. All this was foreseen when tenders for winter LNG cargoes failed and refiners were warning for months of forced closures if their inventories continue mounting. Profit brings you a close look at the unfolding crisis.
How far will the tremors of Sialkot travel?
City of exporters braces for fallout from within and without
The FBR real estate valuation kerfuffle
The FBR’s valuation has shaken some feathers. But where has it come from and where could it go?
What is Reza Baqir thinking?
The State Bank Governor talks shop in this exclusive interview with Profit
Zia Chishti had it coming. But do founders (who are also significant shareholders) ever truly get shown the door?
Zia Chishti might be going down, but TRG Pakistan and workplace culture of complacence regarding sexual harassment might not