The Lucky Conglomerate is entering the asset management business. Their new CEO comes with baggage
The conglomerate is expanding into a new field looking to build on its success by appointing Mohammad Shoaib as CEO, whose last appointment was at Al-Meezan Investments
Stock splits can be the best of both worlds for the stock exchange
With SECP approving the guidelines, this can open the floodgates for stock splits in the coming future
A catastrophe looms on our doorsteps
Pakistan’s mountains, rivers, and ports face unique challenges posed by climate change. All of them are far more interconnected than one might think
From direct to indirect: SBP’s rewiring of Pakistan’s financial architecture
A deep dive into how Pakistan's central bank responded to lending restrictions by creating an elaborate system of regulatory accommodations and creative compliance. The result? A financial sector more intertwined with government debt than ever before
Adamjee Insurance faces half-billion-rupee loss from Dubai floods
The company’s Pakistan operations remained profitable, but losses from its UAE auto business severely dampened overall net income
Pakistan’s oil consumption rises 3% in December 2024
Petrol consumption rose by 5% compared to the same period last year, indicating a recovery in consumer spending power
Fertilizer volumes to see strong December rebound, but 2024 sales still lag
Engro Fertilizers is expected to emerge a winner from the year-end sales surge on the back of its price cuts and more aggressive marketing campaigns
OGRA’s gas price hike approval might make a small dent in the gas circular debt
Sui companies expected to be able to reduce their massive piles of receivables and payables, improving liquidity throughout the energy supply chain
TRG continues to languish in the shadow of Chishti’s tug-of-war
Once reputed as a clean, safe, stable bet on the stock market, the management of TRG is drawing up its defences in the face of another attack
Backed by Bank of Punjab, Gobi Partners is set to bet on Pakistan again. Why now?
The global venture veteran has forged an alliance with the Bank of Punjab to launch a new fund, Techxila Fund-II. But why now, and what is in it for the BoP?
Cash settled futures might be coming to the PSX. What are they and why do they matter?
The new PSX CEO has hinted at the introduction of these derivatives which can decrease burden and increase liquidity in the market
Banking sector’s banner year creates small business lending vacuum
SME credit crisis deepens as industry hurdles mount
If Pakistan’s agriculture is to thrive, farmers need banks. But the banks need farmers too
It is no secret that agriculture has long been underserved by the country’s commercial banks. This last year might be the first step towards correcting this mistake
Bank Makramah Limited, formerly Summit Bank, is restructuring again. What is different this time?
The bank is expected to receive another restructuring deal, but this is nothing new for the bank that is operating under its third name now. It might not be the cure
The telecom sector flourished in a tumultuous year for the economy
The telecom sector's 2024 performance data reveals an industry on the cusp of transformation