Here is why the latest PSX notice by leasing company PICL should be taken with a pinch of salt
Pakistan Industrial and Commercial Leasing has been unable to disclose its financials to public investors for well over a decade, but has decided to seek an extension by blaming the pandemic’s impact on its own C-suite
Arif Habib to pump in additional Rs750 million into Naya Nazimabad
Construction to continue apace even as existing residents faced flooding damage owing to poor urban planning and design
Pakistan is undergoing a budget hotel revolution. Kind of.
As demands for clean and standard accommodation without the trappings of five-star hotels increase, large chains are partnering with private investors to create a string of mid-sized hotels
Will Chinese cars beat out the Big Three? Don’t bet on it.
For years Suzuki, Honda, and Toyota have dominated Pakistan’s car market. But as competition increases, will Chinese companies looking for inroads make the difference?
From urban morass to global city: how Karachi can fuel Pakistan’s rise
Pakistan’s largest city and commercial capital can join the ranks of cities driving global economic growth and dynamism in the national economy, but it will require vision, and a political settlement that has long eluded the city and its residents
Najam Sethi appoints favoured executive as the Mitchell’s CEO
Struggling jams and juices manufacturer brings in new head without industry experience, but a close connection to its board chairman
What does Rehan Shaikh inherit at Standard Chartered?
SCB has been a steady performer for much of the past decade, though its market share has slipped. Can the new CEO revitalise growth?
Dolmen reduces offer of rent concessions to tenants as retail conditions improve
The retail giant initially announced concessions of up to 35% of total rent for some outlets, but then backtracked as management realised that the spread of the coronavirus appears to have considerably slowed down
HOV: the new $1 million accelerator looking to make a mark on Pakistani startups
Omar Parvez Khan, partner at Singapore-based High Output Ventures speaks to Profit about a gap – and potential opportunity – in the Pakistani venture capital scene
The locusts are back with a vengeance, and we’ve been caught unawares. Again.
As a third wave of locusts enter Pakistan, the government is once again depending on a hope and a prayer. This time, it may not work.
After much nagging and needling, tourism has also opened. But at what cost?
Hotels, tour operators, petrol pumps, car rentals were all in dire straits as tourism remains closed to the public. As it opens up again, there will be consequences.
GrocerApp is expanding its operations. But can it succeed in its market?
We take you through the business model, the ethic and what lies ahead of GrocerApp
Why are Pakistani advertisers ignoring TikTok?
Due to brand safety concerns, advertisers in Pakistan are working directly with TikTok content creators instead of working with the Bytedance platform. Profit investigates why.
Inside the stealth online grocery distribution unit by Unilever Pakistan
Having experimented with online marketplaces and e-tailers for a number of years and seen the growth of e-commerce, including the growing pains for doing so, Unilever Pakistan has set aside a $1 million investment to launch its own owned e-commerce site for all its products, across the B2B and B2C product portfolio. Profit has the exclusive.
Ibex Ltd, TRG’s subsidiary, finally going public on the NASDAQ
Speculation about the impending IPO has led to a run up in the parent company’s stock on the PSX