As Bjarke leaves Daraz, more layoffs on the cards at Pakistan’s biggest eCommerce company
Up to 25% workforce at Daraz expected to be slashed, including people in senior management
K-Electric pins massive net loss of Rs 30.9bn in 2023 to macroeconomic hurdles
ISLAMABAD: K-Electric (KE) has reported a staggering net loss of Rs 30.9 billion during the financial year (FY) 2023 which is a...
Ten years ago Chenab Limited defaulted on its loans. Now it looks towards second act
Once one of the country’s largest and proudest exporters, the Chenab Group is looking to chart its course back to the top with the backing of its largest creditor, HBL
Pakistan’s electricity is now less import dependent. But this is why it is still not cheap
Cleaner, more domestic, but not (yet) cheaper: the state of Pakistani electricity
Pakistan set to launch 5G in July next year
Telecommunication tribunal and an action advisory committee for 5G will be formed within three weeks, says Dr Umar Saif
What in the world is a fuel charge adjustment and why is it swelling your bill?Â
The CPPA has requested the highest fuel charge adjustment for 2023 for December’s electricity billÂ
As Bangladesh’s textile industry falters, can Pakistan step up?
A serious labour crisis has sent shockwaves through one of the strongest textile industries in the world. The opportunity presents itself
How soaring prices, low agri demand, and import constraints set OMC sales back by three years
September's sales collapsed by â…“ to put them at the industry’s lowest since March 2020Â
Is PTCL throttling one of its competitors through anticompetitive practices?
This isn’t the first time the state-owned company has done this. And this isn’t the first time they would get away with it
How a 30 year old became a media tycoon
Deep into the winding, messy streets of a Lahore township, on one end of a broken road stands a building five stories...
How do petrol pumps make money?
After all of the hullabaloo surrounding the increase in margins, how does the petrol pump business model even work?
CCoP approves private sector participation in DISCOs’ operation, paving the way for privatization
ISLAMABAD: In a significant development aimed at addressing the longstanding operational challenges faced by Pakistan's power distribution companies (DISCOs), the CCoP has...
Did Big Textile’s retail pivot work?
Ten years after the large textile manufacturers made major moves to expand their domestic retail presence, which players have emerged as the largest ones in the Pakistani domestic retail landscape?
Iran rejected force majeure notice for the Iran-Pakistan Gas Pipeline, has granted ten year extension instead: Musadik Malik
ISLAMABAD: Iran has refused to accept Pakistan's force majeure notice to halt construction of the multibillion-dollar Iran-Pakistan (IP) gas pipeline project and...
Pakistan’s rice exports see major uptick in FY 2023-24
The overall food group exports from Pakistan grew by 57.66%, reaching $4.267bn, while food imports decreased by 21.09%, falling to $4.721bn