Lithium batteries and shaving cream: inside Treet Corp’s latest diversification
There are big new plans for both the battery and blade verticals. Will they prove to be the dawn of a new age for a grand old company?
Can Pakistan manage pension reforms with discipline rather than delay?
Pakistan’s costly promise to its retirees has finally forced the state to confront the arithmetic of pensions. The change is overdue, but the test will be whether the reforms are executed with discipline rather than delay
One more round of circular debt restructuring and why it still won’t fix the problem
The new instrument is an innovative structure to help ensure that the problem at least creates partial self-correcting mechanisms, but the government is still punting on the reforms needed for a permanent fix
The Audi Pakistan controversy: How not to deal with a disgruntled customerÂ
Premier Systems, the official importer of Audi AG in Pakistan, dealt with a loud and disgruntled customer by suing him for criminal defamation. Now, the customer has responded in kind. Here is what happened:
Treet Corp’s arithmetic mistake causes stock market frenzy
The mistake was admitted within 24 hours, however, the damage seems to have been done
Sapphire to merge two of its listed textile companies
The textile giant is making the move at a time of considerable stress within its industry
Saudi-Pak defence pact marks shift as Israeli threat and economic concerns converge
Pakistan has deep economic interests in the security of the Gulf region, which is facing a very real threat. Both Saudi Arabia and Pakistan must take this new agreement seriously.
The floods are already driving up the cost of living
As floodwaters wreak havoc on Pakistan’s agriculture, prices for essential goods soar. With crops destroyed and the full extent of the damage yet to be seen, the economic fallout could worsen
Hundreds dead; millions hungry: KP’s food is buried under boulders and Punjab won’t share
KP and Punjab experienced flooding around the same time but for different reasons. As a food security crisis looms, now is not the time for provincial division
Two big problems plague PSO. One is being fixed. The other not so much
The oil marketing company can unlock its true potential by using its resources wisely, but the management needs to step up
Fintech pioneer Haball secures PSO/PSP approval to reshape B2B payments in Pakistan
Together with PISP license, Haball to take end to end control of supply chain payments experience
Habib Rice shuts down UAE business over visa constraints
Pakistani rice exporters are pulling out of the Gulf amid tightening travel restrictions that seem to have no end in sight
Audit reveals Jazz overcharged subscribers by Rs6.58 billion in FY24
PTA accused of weak oversight as comparative analysis shows that Jazz charged higher-than-approved rates across multiple bundles
Backed by Yango, Pakistan’s Trukkr raises close to $10mn to fuel freight tech growth
Trukkr has kept its head down and stayed away from media attention. Based on an exclusive interview, we look at how the freight tech startup has grown and where their future is
SECP files criminal case against company secretary and relatives for insider trading
Pak Suzuki's CFO and his relatives made illegal profits through the use of non-public information, amounting to Rs. 338 million