Profit: E-magazine Issue 62
The post Profit: E-magazine Issue 62 appeared first on Profit by Pakistan Today.
Editor’s Note: Fuel price populism
There is absolutely no subject over which the Pakistani media collectively loses its mind over more than fuel prices. No matter how miniscule the...
How Musaddiq Zulqarnain became a billionaire by selling socks
In 1992, two brothers Musaddiq Zulqarnain and Naveed Fazil along with their friend Tariq Iqbal Khan, set out to establish a company producing hosiery...
Warning Seth Sahib: The startups are coming for you
Mudassir Sheikha’s successful sale of Careem will galvanize the Pakistani startup ecosystem, and imbue it with something it has lacked so far: serious financial...
How D-Watson continues to survive the onslaught it faces from large supermarket chains
The pharmacy business in Pakistan is not easy these days. In days past, all one needed to do in order to do well was...
This 18-year-old wants to put your own personal safety in the palm of your...
What would you do if you are walking down the street and saw a fight break out? For 18-year-old high school student Faizullah Arain,...
Lobbying and philanthropy: how Pakistan’s largest businesses seek structural reform
It is no secret that the economy of Pakistan needs structural reforms in order to begin functioning adequately. And while many look to the...
World’s first 5G phone released in South Korea
--South Korea has also become first country to launch nationwide 5G services
SEOUL: Telecom giant Samsung Electronics on Friday released the Galaxy S10 5G, the...
Pakistan’s GDP growth expected to slow down to 3.9%, says ADB
--Until macroeconomic imbalances are alleviated, outlook is for slower growth, higher inflation, pressure on the currency, and heavy external financing
--Growth in tax collection weakened...
Inflation hits 9.41 per cent, highest in five years
--Energy costs in particular have risen sharply, hit by a series of devaluations of the rupee
ISLAMABAD: Consumer price inflation rose in March to its highest...
National Saving announces Rs15,000 prize bond results
National Saving has announced the results of draw no 78 for a 15000 rupee prize bond. This draw was held in Rawalpindi and issued...
Central bank raises interest rate to 10.75%
KARACHI: The State Bank of Pakistan (SBP) on Friday increased the policy rate by 50 basis points, raising it to 10.75 per cent.
A SBP...
9th NFC Award to be finalised by Dec 31, announces Umar
LAHORE: The 9th National Finance Commission has agreed to make efforts to finalise the NFC Award by December 31 this year.
A meeting of the...
Petrol prices likely to go up by 12%
Oil prices are likely to increase by up to 12.8 per cent due to fluctuation in global oil prices for April.
In a summary moved...
Asian markets tumble as global growth fears take hold
WASHINGTON: Asian markets plunged Monday after a sharp sell-off on Wall Street fuelled by concerns about the global economy and a possible recession in...
Govt to digitise taxation system, says Umar
ISLAMABAD: Finance Minister Asad Umar on Wednesday asserted that the federal government is ensuring measures to digitise the taxation system to avoid tax evasion.
While...
Dark days ahead for Indian rupee over trade, election jitters: Reuters poll
BENGALURU: The Indian rupee’s weak start to 2019 is an indication of how it will perform over the coming year, strategists in a Reuters...
