Why renegotiating the IPP contracts may cause more problems than it solves
The government is effectively saying that its word is only good as long as it remains in power; in addition, it is clear that some power plants were more equal than others in the renegotiation process
Fossil Energy still looking to acquire Bawany Air Products
The energy company may be looking at the acquisition as a backdoor public listing on the Pakistan Stock Exchange
Askari Securities is now a wholly owned subsidiary of Askari Bank
But is a bank buying a brokerage house even a successful model? Past experience of other banks suggests mixed results at best.
SPEL to expand geographic footprint by setting up a Karachi factory
Lahori manufacturer of packaging materials for consumer goods companies realises it needs a presence in the nation’s financial capital
Bela Automotives: The curious case of the vanishing ‘Sahid’
The company is very upset that the SECP seems to have lost their mail. Also, possibly about being on the defaulters list of the PSX for the past 15+ years
Reckitt Benckiser initiates $5 million media review for Pakistan
The Anglo-Dutch multinational consumer goods company has only agreed to shortlist media agencies in Pakistan that are owned by an advertising network or are an affiliate of one.
PTCL wants to sell Ufone. Here’s why that’s a good idea
The state-owned company wants to get out of the consumer business and focus on its infrastructure business. That could result in cheaper cellphone and internet services for all Pakistanis.
After six years of bootstrapping, Aimfit is ready to grow online with $1 million in recent fundingÂ
In September 2014, sisters Mahlaqa Shaukat and Noor Shaukat returned to Pakistan from the UK to conceive a fitness movement, led by...
SNGP’s losses continue to mount as failure to crack down on gas theft takes it toll
The government-owned gas company has yet to release financial statements for the last three quarters and held an analyst briefing where it offered very little by way of concrete plans to solve its massive cash flow problems
What pandemic? Bank AL Habib crosses Rs1 trillion in deposits
The sixth largest bank in the country continued its streak of sharp growth, the pandemic-imposed lockdowns notwithstanding
Amreli Steels posts first annual loss in a decade
Pandemic hit the industrial manufacturer hard, along with a spike in input costs and the sharp rise in interest rates
PEL: down in revenue and earnings, but a market darling nonetheless
Stock market investors appear to be counting on the company continuing to prosper in the coming years, despite the Covid-induced hiccups in the first quarter of 2020
How to survive a pandemic as a startup
Bookme.pk, Convo, and PriceOye all saw different kinds of crises when the coronavirus pandemic struck. How did they tackle the unique challenges that this unique moment in history brought?
Careem vs Foodpanda: who will dominate the food delivery space in Pakistan?
With restaurants turning a cold shoulder to Foodpanda and its change in policies, Careem is showing it is willing to get aggressive in gaining market share
Three changes the State Bank can make to encourage venture capital investments into Pakistan
The central bank’s regulatory regime appears to be designed for another time; a group of young lawyers is proposing a set of changes to help update it for the world of startups and venture investing