Pakistan’s next economic crisis

Suppose for a minute that you are a globally focused investment manager based in London or New York. If you have been paying attention...

Will Toyota be able to kill two birds with this one stone?

Earlier this month, the market was abuzz with talks that Indus Motor Company (IMC), the makers of Toyota Corollas in Pakistan, is replacing its...

What is Malik Riaz up to now?

On the surface, it is a transaction that makes absolutely no sense: why on earth is Bahria Town, Pakistan’s largest private sector real estate...

Pakistan’s Only Powerful Women In Business

When we set out at making the first of Profit's annual list of the most powerful businesswomen in Pakistan, we had assumed that shortlisting...

Is Dewan Yousuf serious or will he hoodwink everyone yet again?

The Group faces a serious credibility crisis as it turns down offers for its cement plants for the umpteenth time – even the lucrative Mega offer – raising doubts about its intent to sell and settle the default.

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...

PSL: Good cricket but bad business

The Pakistan Cricket Board (PCB) is said to be raking in somewhere around Rs1.7 billion annually in revenue through its flagship event, the Pakistan...

Naya minister, meet purani ministry

The minister is already inheriting the purani ministry and if he fails to come up with a strategy for raising revenue, he will be the same as the purana minister himself

Can Tapal’s new boss lady defy the odds & retain market leadership?

“You can keep wealth in the family only for three generations,” asserts an ancient Chinese proverb. Similar aphorisms exist elsewhere. “From the cowshed to...

The heir to Agha Hasan Abedi

How Abraaj’s downfall has echoes of the earlier scandal of BCCI’s collapse, and how it might impact the place of Pakistanis in global finance

Don’t cast your vote before you’ve seen these WhatsApp leaks

Two fictional characters each representing the PTI and PML-N, engage in an enlightening WhatsApp conversation that can help prospective voters make the key decision at the ballot box.

Aamir might not succeed in turning Veon into Pakistan’s WeChat. But what if he does?

When Government of Pakistan opened its telecoms market to private sector 13 years ago, the country saw a massive inflow of foreign investment. The...

Pakistan’s first fashion billionaire?

The year 2017 is the first time the Pakistani clothing market hit Rs1 trillion in consumer spending (according to an analysis conducted by Profit...

A bank sold for just Rs1,000. Does it make any sense?

Profit demystifies the controversy over the sale of KASB Bank

S*th–The Four Letter S-word In Corporate Pakistan

We would like to state at the outset that we do not condone the worst attributes of seth culture in companies. Treating employees like...

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PM likely to sack entire economic squad

Finance Minister Asad Umar, FBR chairman, SBP governor expected to be sent packing Energy minister Omar Ayyub likely to head finance ministry Finance...

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Cabinet to fill vacant slot of Port Qasim Authority chairman soon

ISLAMABAD: The federal cabinet, while approving a stop-gap arrangement to run the affairs of Port Qasim Authority (PQA), has decided to fill the vacant slot...