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
Maymar Holdings to buy Haji Mohammad Ismail Mills in bid to become publicly listed
Real estate developer plans to buy the practically defunct textile mill turned consumer goods distributor to achieve public listing without the underwriting process
Interloop divests from Bangladesh operations
Despite the tariff-free access to the European market, the Faisalabad sock giant has yet to be able to make its Bangladesh operations profitable and decided to call it quits
Pakistan Oxygen to invest Rs6.3 billion to expand oxygen, nitrogen production
Adira Capital-backed company is gearing up to gain market share and dominate industrial gas market
After JS withdraws its bid, AKD wins battle to buy BIPL Securities
AKD’s rivalry with JS Group only deepens with the decision to buy firm originally owned by KASB
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.
How to break Pakistan’s Dubai addiction
The rupture in relations between Pakistan and the UAE is bad – both for the country’s citizens and for the government – but it can also be an opportunity for Pakistanis to finally stop using Dubai as a financial haven
Five rules to help you plan for a retirement income
The absence of a diverse enough set of options in Pakistan means that those nearing or in retirement have to carefully balance the need for diversification, beating inflation, and sufficient yields
Natural gas pricing will likely incorporate the higher cost of LNG imports
Just what is going on between Ogra and the Sui Gas Companies?
Coronavirus lockdowns hit Karam Ceramics hard
Yet despite the pandemic, the company is likely to see a sharp bounce back with the expected boom in residential real estate construction.
Why the tobacco industry is loudly calling for a crackdown on smuggling
The illusion of popular support for the idea is being generated to enlist the government’s help in cracking down on the industry’s informal sector competition, to preserve the duopoly
Strong year for TRG Pakistan in a banner year for its global subsidiaries
Its recently listed BPO subsidiary and healthcare subsidiaries have helped the company’s topline
The state of play in Pakistan’s macroeconomy: tepid still
A new report from Arif Habib Ltd suggests that Pakistan will make it through, through a combination of remittances and sheer luck