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

Why bother with ‘targets’?

Of all the bad habits the government of Pakistan has, perhaps one of the worst is the one picked up by the Ayub Administration...

India farmers intensify protests as deadlock over new laws continue

MUMBAI/NEW DELHI: Tens of thousands of Indian farmers on Sunday intensified their protests against three new agricultural laws aimed at overhauling food grain procurement...

China’s BRI a simmering overseas debt crisis: FT

Massive lending by Chinese financial institutions for the Belt and Road Initiative (BRI) are driving China towards its first overseas debt crisis while a...

Deadlock as Brexit trade deal faces make-or-break day

BRUSSELS: London and Brussels face a make-or-break decision on an elusive trade agreement on Sunday, after a week of tension and deadlock that left...

Hafeez Shaikh to chair NFC after finally taking oath as finance minister

ISLAMABAD: Dr Abdul Hafeez Shaikh, who had recently been removed from the newly-constituted National Finance Commission (NFC) after objection from provinces and political parties, would...

Food Delivery Wars: Careem slashes commission to 5pc to poach restaurants

LAHORE: In an ongoing war with foodpanda to establish dominance in the food delivery space, Careem Pakistan has announced that it has reduced restaurant...

Business community seeks consultation on tax matters as number of filers decline

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has stressed the need for taking serious measures in close consultations with the...

PTI govt conducting highest external debt repayment, servicing: minister

Federal Minister for Industries and Production Hammad Azhar on Saturday underscored that the PTI government paid $10.4 billion on account of debt servicing of...

KP govt devises new rules for housing schemes

PESHAWAR: The Khyber Pakhtunkhwa (KP) government has issued a number of new rules for housing schemes located within the province. According to the draft rules...