Textile exports up 2.9pc to $3.37bn in 1QFY20
ISLAMABAD: Textile exports from the country grew by 2.95pc during the first quarter of the current financial year (1QFY20) as compared to...
Bullish sentiment prevails as KSE-100 stages 900-point rally
KARACHI: Bulls of the Pakistan Stock Exchange (PSX) remained dominant on the first trading session of the week, as the indices moved north...
Pakistani messaging platform TelloTalk raises $1.6m seed capital
TelloTalk, a Pakistan-based messaging platform, has raised $1.6 million in seed funding from a consortium of international and local investors.
Those who participated...
UBL concludes sale of its subsidiary in Tanzania
KARACHI: United Bank Limited (UBL) Pakistan has concluded the sale of Assets and Liabilities of UBL Tanzania (UBLT) to Exim Bank Tanzania...
‘Delay in refund payments eroding financial viability of textile exporters’
FAISALABAD: Pending refund claims of Rs189 billion have eroded the financial viability of textile export sector, said Senior Vice President Faisalabad Chamber...
A disease Pakistan can do without
In this week’s cover story, we explore the advent of share buybacks in Pakistan’s capital markets, with major companies listed on the...
Profit E-Magazine Issue 77
https://issuu.com/profitbypt/docs/profit_magazine_issue_77
Most companies involved in delaying audits, moot told
KARACHI: Undocumented economy is the main issue for corporate governance in Pakistan, as most companies are involved in delaying their audits and...
Crypto-currencies and criminality: myth or reality?
The recent bust of a worldwide international pedophile ring using Bitcoin payments highlighted one of the key fears surrounding crypto-currencies — their...
First private LNG shipment likely to arrive by month’s end: CEO UGDC
ISLAMABAD: The first private shipment, carrying around 130,000 cubic meter Liquefied Natural Gas (LNG), is likely to arrive at Karachi by end...
Parliamentary delegation visits Thar Coal and Port Qasim power projects
KARACHI: A parliamentary delegation on Sunday visited Thar Coal and Port Qasim power projects built under Pak China Pakistan Economic Corridor (CPEC)....
Government to present first Geographical Indication bill in parliament soon
ISLAMABAD: After a historic development related to introduction of the country’s first e-commerce policy last month, the government is now going to...
PriceOye raises $450,000 in seed funding round
PriceOye has claimed to have successfully raised $450,000 in seed funding from a consortium of Pakistan’s most respectable names in the VC...
PM’s program to focus on technical and vocational training of youth
ISLAMABAD: Prime Minister Youth Affairs Program (PMYAP) in collaboration with National Vocational and Technical Training Center (NAVTTC) has planned to launch the...
Upto 35 Pakistani companies to attend China Import Expo in Shanghai
BEIJING: Over 35 Pakistani companies will participate and showcase their products including top textile, leather, sports goods, surgical equipment, home furnishing and...