Power sector circular debt has reached its Rubicon

A nervous hush has fallen over policy circles as Pakistan's circular debt resolution approaches its defining moment

Coffee nation

The rise of cafe culture across upper middle class neighborhoods throughout urban Pakistan

Always the pitch deck, never the unicorn

Pakistan may have carved out some space for itself in the global tech landscape, but what is stopping it from realising its full potential?

OGDC and PPL’s commitments to Reko Diq take a step forward with feasibility study completion

The two companies have nothing to do with mining, but have forcibly been dragooned by the government into participating as equity stakeholders in the project with Canada’s Barrick Gold

Brace for impact: The grid is in a nose dive

Short-term tariff relief masks the long-term challenge

Bank Makramah sells headquarters building in Karachi for Rs12 billion

The deal would be the second largest publicly disclosed commercial real estate transaction in Pakistan by rupee value, third largest by dollar value

Kohat Cement to enter the real estate development market

Manufacturer seeks to follow the footsteps of industry leader Lucky Cement, though it is unclear if it will tap the residential or commercial market first

The joint family is here to stay

Solo living, and the attendant loneliness, is on the rise everywhere in the world… except in Pakistan

Gul Ahmed profits dragged down by energy costs, declining US and UK sales

Company intends to spend the bulk of its free cash flow investing in increasing its own electricity generation

Dolmen REIT shines through

The performance of Dolmen REIT is going from strength to strength and the recent year might be its best one yet

Legal battle casts shadow on cement recovery

The industry has kept itself afloat despite consistently falling domestic demand. Could an unfavourable verdict change the shape of the industry forever?

Punjab continues to struggle against plastic

From banning plastic bags to introducing plastic recycling machines, the government is finding out it is harder to get rid of plastic than they might have accounted for

The Battle of the Sugar Barons has yielded its first victim

The PSX has mandated that Haseeb Waqas Sugar Mills needs to buy back its shares. For once, the sugar manufacturer has decided to let up

Airlink’s earnings outlook slashed as mobile demand softens

Mobile phone assembler, recently a favourite of investors, has come under pressure after changes to its tax regime

United Distributors hit with anti‑trust action by CCP

Distribution company admits fault in failing to file requisite paperwork by the deadline; may be fined by CCP unless it is able to rectify