Falling in line
After one of their employees was arrested for an anti-government tirade, Qarshi was accused of firing him and became the focus of a boycott campaign. Their response was complete silence. We’re not surprised
Will Pakistani shoppers return to Daraz as Temu’s tax-induced price surge backfires?
New e-commerce taxation policies are reshaping Pakistan's digital marketplace, with consumers abandoning Chinese platform Temu
AKD-led consortium buys majority stake in Pearl Continental Hotels
It is not yet clear if the Hashwanis will be conceding management control or if this is a passive interest
JS to consolidate energy investment vehicles
Move could signal a commitment to consolidate disparate energy initiatives under one roof
Energy majors dominate mutual-fund portfolios as OGDC, PPL and PSO soak up fresh flows
Index-heavy names take up the bulk of new cash flowing into equity mutual funds, but some funds have surprising picks
Attock Refinery: cash-rich, policy-ready and poised for a once-in-a-generation upgrade
The fortress balance sheet gives the company a distinct advantage in pursuing the kind of capital expenditures that have eluded some of its competitors
Dewan Cement adds solar power to its energy mix
Company joins loud chorus of Pakistani industrial entities looking to set up their own solar energy generation capabilities
Cement sector expected to see profits soar 38% in most recent quarter
Topline Securities anticipates that declining interest rates and rising pricing ability will help the sector improve margins and boost profitability
Bawany Air Products to resume production
Company was out of commission for about three years and has clawed its way back from the dead
Dost Steel reaches restructuring agreement with lenders
Company will pay down Rs2 billion worth of debt over the next four years in equal installments after receiving an equity injection from new investors
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
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
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
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