Contracts between public and private sectors operating with ‘trust deficit’: report

LAHORE: Governments around the world have faced challenges with public procurement due to the Covid-19 crisis, testing their ability and capacity to react quickly...

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

India considers changing new farm laws after mass protests

NEW DELHI: India’s government is considering rolling back some parts of its agricultural reforms after they triggered the biggest protests by farmers in years,...

US not extending TikTok divestiture deadline, but talks will continue

WASHINGTON/NEW YORK: The Trump administration on Friday opted not to grant ByteDance a new extension of an order requiring the Chinese company to divest...

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?

Rules to hold us accountable by

Over the past week, Profit faced a bit of criticism from one of the subjects of a story that we did. The story had...

AHL expects KSE-100 at 52,000 points by next December

AHL predicts FY21 current account in deficit; foresees no significant rupee depreciation

PM presents 10-point plan to avoid economic collapse in developing states

ISLAMABAD: Prime Minister Imran Khan has proposed a ten-point agenda to the world community to avert economic collapse in the developing countries due to the...

FBR holds pre-bidding conference for Track & Trace System

ISLAMABAD: The Federal Board of Revenue (FBR) on Friday held a pre-bidding conference for the grant of a five-year licence to electronically monitor (Track...

India’s multi-billion dollar food programme is at the heart of farmers’ protests

NEW DELHI: Thousands of Indian farmers angered by farm laws that they say threaten their livelihoods have intensified their protests by blocking highways and...

President lauds progress in financial inclusion of differently-abled persons

KARACHI: President Dr Arif Alvi has appreciated the State Bank of Pakistan (SBP) for improving the accessibility infrastructure for differently-abled persons and lauded the...

Traders lament yearlong closure of Pak-China border

ISLAMABAD: While Pakistan and China are taking steps to keep Gwadar Port operational for trade activities, the China-Pakistan Economic Corridor (CPEC) route at Khunjerab Pass...