Mitchell’s: Can a new management save an old company?
Najam Sethi has taken over his wife’s family company and brought along a marketing executive to run the company, but can the food company’s deep problems be solved with more money and an ad campaign?
Are Pakistanis willing to borrow to remodel their homes? Interwood thinks so.
Furniture company Interwood is banking on more Pakistanis wanting nicer kitchens and homes, with the help of financing plans
Pakistani Tatas are consolidating. But who are they and what do they do?
All four group companies are being merged into a single entity, which already had common majority shareholders and boards of directors
Here is why the latest PSX notice by leasing company PICL should be taken with a pinch of salt
Pakistan Industrial and Commercial Leasing has been unable to disclose its financials to public investors for well over a decade, but has decided to seek an extension by blaming the pandemic’s impact on its own C-suite
Arif Habib to pump in additional Rs750 million into Naya Nazimabad
Construction to continue apace even as existing residents faced flooding damage owing to poor urban planning and design
Pakistan is undergoing a budget hotel revolution. Kind of.
As demands for clean and standard accommodation without the trappings of five-star hotels increase, large chains are partnering with private investors to create a string of mid-sized hotels
Will Chinese cars beat out the Big Three? Don’t bet on it.
For years Suzuki, Honda, and Toyota have dominated Pakistan’s car market. But as competition increases, will Chinese companies looking for inroads make the difference?
From urban morass to global city: how Karachi can fuel Pakistan’s rise
Pakistan’s largest city and commercial capital can join the ranks of cities driving global economic growth and dynamism in the national economy, but it will require vision, and a political settlement that has long eluded the city and its residents
Najam Sethi appoints favoured executive as the Mitchell’s CEO
Struggling jams and juices manufacturer brings in new head without industry experience, but a close connection to its board chairman
Tesco’s Pakistan distributor to invest Rs150 million in expansion
Investment comes as tech-enabled competitors enter the fray for the grocery and food supply chain market
In stock brokerage consolidation, JS Global Capital to acquire BIPL Securities
The JS Group’s flagship retail and institutional stock brokerage firm to acquire a rival firm originally owned by KASB
Pakistan Refinery shut down by Karachi rains
Torrential downpour washes away a crucial pipeline for the refinery, putting its operations into suspension until it can conduct a damage assessment
Anver Majid is suing Ansari Sugar Mills. He wants to run the company from his Karachi jail cell
The notorious industrialist – accused of money laundering on behalf of former President Asif Ali Zardari – has managed to retain his CEO position despite imprisonment
As advertising moves digital, media agencies will fade away if they fail to evolve
A forecast by the largest WPP media agency suggests that by 2023, 49% of total advertising spending in Pakistan will be on digital, the buying function of which is natural to in-house auction-based models which undo buying at scale
Debt reprofiling: did the Finance Ministry get it right?
The government reprofiled a major part of the short term debt over the past few months, but did it get its timing wrong?