What pandemic? Bank AL Habib crosses Rs1 trillion in deposits
The sixth largest bank in the country continued its streak of sharp growth, the pandemic-imposed lockdowns notwithstanding
Amreli Steels posts first annual loss in a decade
Pandemic hit the industrial manufacturer hard, along with a spike in input costs and the sharp rise in interest rates
PEL: down in revenue and earnings, but a market darling nonetheless
Stock market investors appear to be counting on the company continuing to prosper in the coming years, despite the Covid-induced hiccups in the first quarter of 2020
How to survive a pandemic as a startup
Bookme.pk, Convo, and PriceOye all saw different kinds of crises when the coronavirus pandemic struck. How did they tackle the unique challenges that this unique moment in history brought?
Careem vs Foodpanda: who will dominate the food delivery space in Pakistan?
With restaurants turning a cold shoulder to Foodpanda and its change in policies, Careem is showing it is willing to get aggressive in gaining market share
Three changes the State Bank can make to encourage venture capital investments into Pakistan
The central bank’s regulatory regime appears to be designed for another time; a group of young lawyers is proposing a set of changes to help update it for the world of startups and venture investing
The perils of cutting advertising budgets during a downturn
Primary and secondary research from consultancies, data analysts, and even academics point to how marketers should have approached advertising during the pandemic to preserve brand equity, in order to compete on value instead of price after the worst is over.
How big is the Pakistani middle class?
The number of people in the country who reach this point every year varies, as does the number of people who fall out of it. A place in the middle class in Pakistan, like all things related to the economy, is quite volatile and precarious
Can service sector exports save Pakistan’s economy, it just might
In August, Extreme Commerce, a Pakistani skill-based learning platform, announced that it will be launching its new and improved Video Boot Camp...
Why did KPMG resign as Agritech’s auditors?
State-owned fertiliser manufacturer has been hemorrhaging money for years now, and its auditors are done trying to pretend the company is anything but bankrupt
Zharbiz wants to turn garbage into electricity and drones into taxis in Pakistan
Led by a Pakistani from Azad Kashmir, the Philippines-based Zharbiz International Holdings has futuristic plans for Pakistan. But how realistic are they?
As rainfall swept Karachi, banks failed to notify customers about flooded lockers
Customers of at least three banks – Habib Metropolitan, UBL, and Samba – are complaining that banks did not do enough to inform them their valuables had been damaged by monsoon water.
Mitchell’s: Can a new management save an old company?
Najam Sethi has taken over his wife’s family company and brought along a marketing executive to run the company, but can the food company’s deep problems be solved with more money and an ad campaign?
Are Pakistanis willing to borrow to remodel their homes? Interwood thinks so.
Furniture company Interwood is banking on more Pakistanis wanting nicer kitchens and homes, with the help of financing plans
Pakistani Tatas are consolidating. But who are they and what do they do?
All four group companies are being merged into a single entity, which already had common majority shareholders and boards of directors