Pakistan Today

Industrial and financial conglomerates backing a venture that will help extract mineral resources from Pakistan’s poorest province

A focus on solar energy storage units has helped the company diversify its revenue sources

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 and efficiently to deliver life-saving goods and services to the public, asserts a new research report from the Association of Chartered Certified  Accountants (ACCA) titled 'New Models of Public Procurement: A Tool For Sustainable Recovery'. Surveying...

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

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, officials said on Friday. Tens of thousands of farmers were out on the streets around Delhi again on Friday, rallying against three laws that the government says are meant to overhaul antiquated procurement procedures and give...

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 TikTok’s U.S. assets, but talks will continue over the short video-sharing app’s fate, two sources briefed on the matter said. A Treasury Department representative said late on Friday the Committee on Foreign Investment in the United...

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

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.

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?

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?

Over the past week, Profit faced a bit of criticism from one of the subjects of a story that we did. The story had virtually nothing negative to say about the person or company involved, but the resulting brouhaha led us to understand that there is a great deal of confusion amongst the public on the nature of information...

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

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 coronavirus pandemic. Addressing a special session of the United Nations General Assembly, the prime minister warned that without economic security, conflicts and disputes would persist and proliferate across the world. He joined nearly 100 world leaders at...

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 & Trace System) specified goods i.e. tobacco, cement, sugar and fertilizer. The pre-licencing conference was held at FBR headquarter which was attended by 25 participants physically while another 15 participants joined through video link. Dr Muhammad...

NEW DELHI: Thousands of Indian farmers angered by farm laws that they say threaten their livelihoods have intensified their protests by blocking highways and camping out on the outskirts of the capital Delhi. The government of Prime Minister Narendra Modi and leaders of protesting farmers’ unions have held several rounds of talks but have not made any progress in breaking...