IMC issues recall for 1,719 Toyota Corolla Altis 1.8L Grande vehicles

This fourth recall in a period of thirteen months takes the accumulative recalls of Toyota Corolla vehicles by Indus Motors to 16,719 units

Ali Jahangir Siddiqui in hot waters once again as NAB expands investigation

Azgard Nine Limited, JS Global, Swiss Bank Julius Baer and Securities and Exchange Commission all alleged in illegal remittances worth €23.75 million.

Will the new boss at the PSX clean house?

The new CEO of the country’s only stock exchange has big plans to expand investor participation in Pakistan. But does he dare take on the power of the brokers?

Shan Foods, intent on spicing it up with a listing on the bourse

With disposable incomes on the rise, the Pakistani international spices giant not just doubles its size in the last three years, but with new products and an acquisition part of its expansion plans, the family-run business is evaluating tapping into funds from the capital market

Why funding is no object for Pak-Qatar Investment

Backed by very strong sponsors, from amongst Qatar’s royals, the company has never faced any issue in calling capital

Pakistan set to get $1-2 billion from China to boost forex reserves

In the past three weeks, reserves have declined by $1.2 billion and now stand at two months worth of import cover

Exporters not following packaging standards for mango exports

ISLAMABAD: With the commencement of mango exports from May 12, registered exporters have complained that mangoes are largely being exported without following the...

SBP raises policy rate by 50 basis points to 6.5 percent

Pakistan's economic growth provisionally was expected to reach a thirteen-year high of 5.8 percent for outgoing financial year 2017-18

Auto sales may decline, after barring non-tax filers from purchasing cars

An industry source said data of the filers would now be utilized to purchase cars which would contribute to the practice of premium or ‘own-money’ amount rising

Pakistan doubles size of currency swap agreement with China: SBP

Pakistan obtained $1.5 billion from China during the first ten months of the current financial year 2018-19.

Is Dewan Yousuf serious or will he hoodwink everyone yet again?

The Group faces a serious credibility crisis as it turns down offers for its cement plants for the umpteenth time – even the lucrative Mega offer – raising doubts about its intent to sell and settle the default.

The Black Sheep of the White Hat community

During our investigation into the recent security breach at Careem, some industry sources highlighted a faction of the white hat community that exploits startups that are vulnerable to cyber attacks, prompting Profit to look into how ethical these ‘ethical hackers’ really are.

What makes Syed Babar Ali tick

The Life Story of a Man of Substance

APMDA demands CCP to investigate banks, car manufacturers in late delivery of vehicles

APMDA has demanded from the CCP to direct the banks and the car manufacturers in Pakistan to submit the details of all bookings of vehicles as it is the primary reason for the late delivery of the vehicles.

Sindh unveils Rs1.1 trillion budget

he province will run a deficit of Rs20.4 billion in 2018-19, although budget documents indicate a likely increase of 16.2 per cent in its total receipts.