PIA debt restructuring: a surprisingly balanced deal
The government of Pakistan is generally terrible at negotiating complex transactions, but in the PIA debt restructuring, may have gotten itself an as-good-as-possible agreement that spreads the pain among the banks and the government relatively evenly
Small textile mill closures accelerating in Faisalabad
Industry on edge and panicked after Sitara Textile closed its mill for relocation
Nawaz will spend Rs700 billion from the Punjab budget to be able to blame inflation on Shehbaz
The Punjab Government has decided it will cut the power tariff by Rs14 for consumers using up to 500 units but cutting the province’s development budget. It will do nothing for inflation except exacerbate it later, and it has other provincial governments fuming
The Jazz IPO is finally coming. What does it mean for the PSX?
Nearly three decades after launching, Pakistan’s largest telecommunications company is about to list itself on the stock exchange. What is that likely to mean for investors?
Air Link to start assembling Acer laptops in Pakistan
Mobile phone assembler and distributer moving into higher value electronics by setting up Pakistan’s second laptop assembler
In the first quarter after deregulation, pharma sector revenue up by 25%
The increase in revenue is driven mostly by price increases as drug manufacturers can finally raise prices based on business need and rising costs instead of regulatory fiat
Pakistan’s agri yields are in the dumps, and we’ll need a lot of things to go right to reverse them
Engro has become the first fertiliser manufacturer to push heavily for specialised fertilisers depending on farm needs. It is only the beginning
From cotton yarn to cloud computing: Chakwal Spinning’s attempt at a turnaround?
The textile mill located in Kasur wants to move from basic to high-tech, and may have found an investor to back it; can it pull off this comeback?
Ferozsons launches biologic to treat diabetes
Pharmaceutical company’s biotech subsidiary to launch the new product in one of Pakistan’s biggest therapeutic areas
New visa policy now in effect: citizens of 126 countries free e-visas to visit Pakistan
Effective from Independence Day, the policy cements the government’s attempts to put Pakistan on the global tourism map
These sugar mills defaulted on Rs 23 billion loans taken from public sector banks. Here’s how they’re linked to major political players
More than half of the defaulted amount is being attributed to mills owned by the Omni Group which is allegedly close to President Zardari. Ramzan Sugar Mills is also a major defaulter
Top City 1: The suburban real estate development that brought down former ISI chief Faiz Hameed
The retired lieutenant general is not the first high-ranking military official to be court martialed over financial dealings, but perhaps the first one about a real estate development that has nothing to do with the military
Trukkr hits cash flow positive to survive the fundraising winter
Reduce burn, grow revenue, repeat. Software startup focused on the trucking industry has learned from the mistakes of others and is relying on its own cash flow for survival
A 10,000% return but no sales since 2020: Bela Automotive’s surreal stock surge
As the stock price of a defunct auto parts manufacturer skyrockets, questions abound. What's driving this exuberance, and why do investors remain uneasy?
Just how protected are Pakistan’s contracted workers?
The Supreme Court’s ruling promised equality, but in practice, have the companies caught on?