KSA to auction indebted billionaire’s real estate
RIYADH: Saudi Arabia will auction real estate owned by indebted billionaire Maan al-Sanea and his company starting next month to help repay billions of riyals...
Trump readies tariffs on $200 billion more Chinese goods despite talks: source
Trump, who had already imposed 25 percent tariffs on $50 billion of Chinese goods, said a week ago that he would be adding tariffs on another $200 billion in goods
How the private sector killed off the MQM
The political party died when its reason for existence – securing access to middle-class government jobs – was made redundant by a rising private sector
Has CPEC hit a major roadblock?
China’s infrastructure building spree across the nation seems to have been halted due to Pakistan’s inability to pay its loans
Economic Survey 2017-18: Govt blames political uncertainty for missing growth targets
Miftah says highest growth rate of 5.79 per cent achieved in 13 years. Ahsan says all promises made by his party in its manifesto fulfilled.
Seven Pakistani entities added to US export control list
The United States has added seven Pakistani companies to a list of foreign entities that are subject to stringent export control measures, according to online...
Revisions in aid to Pakistan unlikely to shake its finances: Moody’s
LAHORE: International rating agency Moody’s Investors Service (Moody’s) has maintained that Trump administration’s revision of US military aid is highly unlikely to have material...
FATF grey-listing does not affect Pakistan’s ability to borrow: IMF deputy director
The grey-listing of Pakistan by the global watchdog Financial Action Task Force (FATF) has no direct consequences for its ability to borrow from the...
The FATF ‘grey list’ means more trouble for Pakistan than you think
At Profit, we have normally tried to stay away from politics as much as possible in our coverage of Pakistan’s economy. This is not...
Automotive sector down 7.1pc, while cements lacked 6.1pc in February
LAHORE: Investors at the Pakistan Stock Exchange (PSX) had a mixed month of February. Political uncertainties mostly led investor confidence amongst a severe lack of...
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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 on the...
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OECD sees global growth at decade low, blames govts’ indecision
PARIS: The global economy is growing at the slowest pace since the financial crisis as governments leave it to central banks to revive investment, the...
