The fate of Naya Pakistan Housing
Four years in, barely any work has been done on the once ambitious project
Mari shareholders have an exceptional year
With high sales and the lifting of its dividend distribution cap, things are looking up for Mari
Smuggled vapes from China are poisoning Pakistan
Since BAT pulled their vaping product, Vuse, from the market, nearly all of the vapes being sold in Pakistan are illegally smuggled. With a criminally unregulated market to play around in, just how big is this business?
The GMO oilseed saga comes to a close
More than a year after they were first stopped, the Sindh High Court has allowed the consignments to go ahead
Setting the bar high
From 850 in 2000 to 1630 million tonnes per annum in 2016, the global steel production has nearly doubled since the turn...
Ladies and gentlemen, here are your digital banks
With the central bank finally issuing NOCs for setting up digital banks, Profit looks at the contenders and their intentions
Why can’t the government sell one of its most sellable assets?
Power plants are a coveted business opportunity in Pakistan. In the case of the Kot Addu-Muzaffargarh solar power plant, the government has botched it so badly that no one wants to go near it.
Unity Foods: the former textile company that made a killing in edible oils
About three years ago, a company called Taha Spinning Mills had an epiphany. It took a good look at the crisis in...
Freelancing and ‘money management’ – this week in Pakistan’s business and economics Twitterverse
In this week’s social media round up, Ariba Shahid walks us through income woes when it comes to freelancing, organizing finances, or...
PSX’s hospitality and taxation troubles – this week in Pakistan’s business and economics Twitterverse
A lot was happening this week, with suggestions to have the PSX learn something from lawn mania, SMEs having a smug moment,...
Myths of the SBP: explained
As misconceptions roll in over what exactly is happening with the SBP desperately trying to keep the economy afloat, and Profit’s comment section is flooded with angry and confused paragraphs, we answer some FAQs about the central bank and its powers.
Last call for Summit Bank and Silkbank in new IMF commitments
Govt commits to send both banks into “resolution” if longstanding capitalization problems are not sorted by March 2023
Pakistan’s private equity potential
Profit explains what private equity is, and talks to some of the major stakeholders about the future
National bank recorded its highest profit ever. But has Usmani treated the cause or only the symptom?
Undeterred by controversies, NBP’s president faces the most challenging job of his career
Sugar industry wrestles with internal politics
Election of PSM Chairman becomes a point of contention in the midst of rising questions over the future of the sugarcane crop