The death of the refurbished Japanese car
How the imported car market blossomed in Pakistan, and why it came to an unceremonial stop
Nazir Cotton Mills to exit textiles and enter the dairy farming business
Yet another textile company realises that the future does not lie in producing low-value products that serve as intermediary goods for low-margin clothing
Can Hubco revive DHA Cogen plant to supply desalinated water to Karachi?
The power generation company wants to use a long-dormant plant on the city’s coastline, extending its business into water supply
Is National Savings the right investment vehicle for you?
The government agency sells federal government bonds directly to individual investors and is a favourite among many savers, but some of its competitors are giving it a run for its money
At large companies, investing in startups is a means to get around innovation-stifling bureaucracy
Both Engro and HBL announced investments in their own venture capital arms and startups, including in some businesses that may be seen as rivals to their traditional core business
Extinction or integration: how ad agencies can survive in the age of Google and Facebook
As creative services and media management face automation, coupled by the self inflicted wounds of refusing to unite against the tyranny of price slashing advertisers, Profit looks at how the top advertising agencies in the country are fighting for survival and relevance
Is the Punjab government’s model bazaar project a success?
The company established by the government to run the bazaars might be on its way out, and to be replaced by an authority
Habib Bank’s most interesting statistic for 2020
Pakistan’s largest bank grew its consumer lending by a whopping Rs 11.2 billion in 2020. But who exactly did it lend all this money to, and why this could have significant consequences for the broader economy
Fauji Fertilizer Bin Qasim to bail out Fauji Foods with Rs3.5 billion loan – yet again
Fauji Foods has been struggling almost since it was bought by the group, and a turnaround strategy risks further magnifying the parent company’s financial risks
How should the Big Four ad agencies prepare for the $17.5 million Nestlé Pakistan media review?
The largest media review will commence in March 2021 and represents 1% of the Pakistan advertising industry. Profit looks at how the Big Four should prepare.
After a lifetime of icy diplomacy, can Pakistan make an economic friend out of Russia?
Russia has recently been granted permission to use the Gwadar port to access warm waters of the Arabian sea. But will history allow this partnership to flourish?
Jahangir Khan Tareen resigns as the CEO of JDW Sugar Mills
Move appears to be geared towards addressing allegations of conflicts of interest, given Tareen’s political ambitions and career
The six local brands leading the Pakistani skincare industry
After years of either using totkas or imported products, Pakistanis are finally trusting local skincare products - and they are willing to spend money on them.
Is Bykea a candidate for the Pakistani super-app?
Bykea may not be the first startup looking to stake a claim as Pakistan’s super-app, but it has been planning to be since before its inception
When advertisers knowingly violate intellectual property rights
In the wake of British American Tobacco being accused of violating intellectual property rights of Giraffe Pakistan, without seeking permission nor offering compensation or credit, Profit sought to understand the full extent of the unethical conduct in the advertising industry.