TPL decides to venture into creating a technology park
The properties arm of the TPL Corp has made a spate of interesting choices in the last two years
Why do advertisers in Pakistan ignore Twitter?
Has an elitist user base and audience hurt the potential growth for the American microblogging and social networking service? Profit investigates.
Could Malaysia be the answer to Pakistan’s trade woes?
Pakistan and Malaysia have had the infrastructure to become major trading partners in place for years, but have failed to do so
The streaming wars have come to Pakistan
It turns out that Pakistanis pay billions of rupee each year to streaming services, defying the stereotype that we do not pay for content. How will that shift the market for content, and for talent in the performing arts?
BankIslami to sell modaraba business to Ghani Global Group owners
The modaraba company owns an office in Karachi and a petrol pump; likely to be a small transaction
The coronavirus pandemic has been bad for business at Shifa International Hospitals
Far from flooding hospitals, the public health scare has caused people to stay away from hospitals, driving down revenue at Pakistan’s only publicly listed hospital company
Why K-Electric launched a miniscule $1.7 million renewable energy focused venture capital fund
Karachi-based electric utility has announced the creation of a fund, without much detail as to why it is so small
As construction boom takes off, cement production reaches industry’s capacity
The government’s efforts to stimulate growth through real estate development appears to be paying dividends for the construction industry
Stop asking about investing abroad. Pakistani stocks outperform US stocks
One of the most common questions asked is how to invest outside Pakistan. Yet the numbers suggest that Pakistanis should be investing our own markets, not abroad.
How Mastercard plans to gain share in the payments market in Pakistan
After decades of not really being involved in Pakistan, Mastercard wants to expand in the country. But their competition isn’t Visa, it’s cold, hard, cash
Despite Covid, Pakistan’s remittances have risen. Here’s why.
The uptick in remittances during the pandemic was unexpected and has been received happily. But it is not necessarily good news in the long run
Packages Ltd initiates $1.5 million media review
One network, one independent, and two affiliate media agencies are bidding for the nearly Rs. 250 million media review by the multinational packaging company.
The Miracle Man at the Bank of Punjab
Zafar Masud survived a plane crash, and the bank he leads barely survived the 2008 financial crisis. Now, he wants to make Pakistan’s largest provincial government-owned bank one of the country’s Big Five banks. Can he pull it off?
Roshan Packages wins litigation against its Chinese joint venture partner
Lahore-based company has won the right to continue investing its paper mill even after Shandong Yongtai Paper Mills indicated that it wanted to exit the project
Sitara Chemicals to invest Rs5.5 billion in expanding coal-fired power generation
The chemical company is looking to invest in coal, even though the rest of the world is moving towards renewables