Why the Pakistan Banao Certificates are a bad investment
My first job out of college was at a brokerage firm in New York whose offices were just two blocks north of the Roosevelt...
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
Russian oil shipment expected to reach soon: PM Shehbaz
ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday announced that cheap oil imported from Russia is expected to arrive in Pakistan soon.
Sharif was speaking during...
The myth of Pakistan’s as a trade corridor needs to die
China has no use for Pakistan’s infrastructure. It must be built by Pakistanis, using Pakistani money, and for Pakistani needs.
PTI needs to deliver “tangible” economic improvements to retain its high popularity: Fitch Solutions
It stated downside risks to policy-making are rising due to a united opposition and enactment in the country
What is the story behind the Al-Qadir trust case that Imran Khan has been arrested for?
LAHORE: It finally happened. The almost year-long efforts to arrest former prime minister Imran Khan came to an end in the hustle and bustle...
Pakistan, US vow to continue joint efforts for economic growth, energy security
ISLAMABAD: Pakistan and the United States on Wednesday reaffirmed their commitment to promoting economic growth, energy security, partnership in long-term flood rehabilitation efforts and...
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...
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...
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...
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
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
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...
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...
KSA extends $1.2b deferred oil payment facility till Feb 2024
Pakistan imports oil on deferred payment basis worth $50m every month
