Thal Ltd to invest Rs1.7 billion in creating new business line
The investment would go into setting up a line to manufacture woven polypropylene bags
Tri-Pack Films to invest Rs9 billion in capacity expansion
Move comes as part of a series of expansion projects the company has undertaken over the past several years
Pak Datacom revenue and profits decline in 2020
The state-owned telecom data services provider has seen its business stagnate in recent years as more technologically advanced rivals overtake it
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
Pakistani cotton is collapsing. What does this mean for farmers and the textile industry?
The country was once one of the largest cotton producers but lately it is finding it hard to meet its cotton production targets, and all the players blame each other
In a bid to boost sales, Changan to offer financing for its minivans
With no buy back condition on Master Motors, Changan and Bank Alfalah are trying to make comfortable minivans affordable to Pakistani consumers
Arif Habib, Yunus Brothers, Mari Petroleum to start mining company in Balochistan
Industrial and financial conglomerates backing a venture that will help extract mineral resources from Pakistan’s poorest province
Exide Pakistan manages to survive the pandemic, despite crashing car sales
A focus on solar energy storage units has helped the company diversify its revenue sources
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?
How to turn the PCB into a lean, mean, business machine
Under the leadership of Wasim Khan, Pakistan cricket has taken on a new life. But are the changes making a real impact, or are they mere eyewash?
Unity Foods Limited all set to issue Rs3bn Sukuk to fund working capital requirements
An unlikely spinning mill decided to switch gears three years ago, and enter the edible oil industry three years ago. It then...