Pakistanis should expect substantial decrease in salaries in 2020
The people of Pakistan are the only nation in the Asia-Pacific who will record a substantial decrease in salaries made next year...
Sindh govt approves two mega projects for Karachi
Projects include establishment of ‘Karachi Marble City’ and a state-of-the-art technology park in NED University
KARACHI:Â Sindh government has approved two mega industrial...
PIA hikes UAE fares
Pakistan International Airline (PIA) has increased fares up to Rs6,000 for two sectors of Middle East – Dubai and Abu Dhabi, a...
The great land theft
If there is a single place that can be thought of as the foremost cathedral to free-market capitalism, it is not the...
Hong Kong-based company starts smartphone manufacturing in Pakistan
ISLAMABAD:Â A Hong Kong-based smartphone manufacturer, Infinix, has become the first smartphone company to start manufacturing in Pakistan. Prior to this, only a...
The rupee is falling. Let it crash
Why letting the currency exchange rate fall may help fix some (but not all) of the structural flaws in the economy
Pakistan’s Newest Billionaire
Given the quantitative nature of financial analysis, it is easy to forget that investing is fundamentally about understanding people. You can stare...
Petrol, diesel prices slashed by Rs2 for April 2018
ISLAMABAD: The government on Saturday announced a reduction in prices of petrol and diesel by Rs2.07 and Rs2.00 per litre, respectively, for...
Chakri’s real estate gang wars
Caught in an armed standoff, Blue World City and Abdullah City are fighting over land they don’t own, all while they continue to sell plots illegally
Kekra-1: Exxon Mobil all set to pack up and leave
Pakistan was hopeful of finding large oil and gas reserves in its territorial waters in the Arabian Sea
Hours after Prime Minister...
ExxonMobil set for comeback in Pakistan after nearly three decades: Report
Mr Sayyed in a letter sent to the BoI stated ExxonMobil has been assessing its re-entrance into Pakistan since quite a while and has been assiduously hunting energy-related opportunities for past few years
FBR set to raise property valuation rates by up to 100% in major cities
Revised property rates to cover 42 cities, with plans to expand to more urban centres
Rupee regains Rs1.42 interbank, nabs dollar hike
The local currency strengthens on the back of higher inflow of remittance due to Ramadan and the approaching festival of Eid
Cabinet allows Fly Jinnah’s expansion to international routes
ISLAMABAD: The federal cabinet, through circulation of summary, has now allowed Fly Jinnah's expansion onto the international routes, it was reliably learnt...
Proton officially enters Pakistani car market
ISLAMABAD:Â The joint venture between Malaysia's Proton and Pakistan's Al-Haj Group has been the centrepiece among a series of agreements signed between Pakistan...