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Kazim Alam

Kazim Alam

Dawn Business

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Chemical plant faces delays amid forex crunch

KARACHI: Engro Polymer and Chemicals Ltd (EPCL) — which is the country’s only manufacturer of polyvinyl chloride or PVC resin used in plastic and...

latest 6

Dawn Business

Kazim Alam

Chinese IPP serves notice of payment default on CPPA

KARACHI: Port Qasim Electric Power Company Ltd (PQEPC), which runs a $1.9 billion power plant of 1,320 megawatts on imported coal, has served a formal...

yesterday 10

Dawn Business

Kazim Alam

Trading in international bonds ‘distressed’ but no harbinger of default

KARACHI: Pakistan’s international bonds continue to trade at a distressed level despite forceful statements by Finance Minister Ishaq Dar about the...

previous day 9

Dawn Business

Kazim Alam

Is textile a rent-seeking industry?

KARACHI: Speakers at an hour-long panel discussion on the question of “Is textile a rent-seeking industry?” on Saturday could’ve simply said...

28.05.2023 10

Dawn Business

Kazim Alam

Will firms dish out large dividends?

KARACHI: A dozen and a half companies listed on the Pakistan Stock Exchange (PSX) announced on Friday they’re going to hold board meetings for...

27.05.2023 9

Dawn Business

Kazim Alam

PSX demands end to tax policy distortion

KARACHI: Pakistan Stock Exchange (PSX) chief executive Farrukh H. Khan said on Tuesday the government should do away with the distortion in its tax...

24.05.2023 9

Dawn Business

Kazim Alam

MNCs want doubling of taxable limit to Rs1.2m

KARACHI: Multinationals operating in Pakistan have asked the government to increase the minimum taxable limit from Rs600,000 a year to Rs1.2 million...

23.05.2023 20

Dawn Business

Kazim Alam

Microloans cross half-a-trillion benchmark for first time

KARACHI: The size of all outstanding loans of the microfinance industry crossed the Rs500 billion mark for the first time in the January-March quarter...

21.05.2023 10

Dawn Business

Kazim Alam

Activists say IMF causing climate catastrophe

KARACHI: Activists belonging to different civil society groups said on Friday the pre-conditions imposed by the International Monetary Fund (IMF) for...

20.05.2023 20

Dawn Business

Kazim Alam

Miftah says SBP reserves will drop below $2bn by September end

KARACHI: The economic situation is going to be “very difficult” in coming months, with liquid foreign exchange reserves of the central bank likely...

18.05.2023 20

Dawn Business

Kazim Alam

Startup upskills IT graduates for global industry

KARACHI: Pakistan hardly figures on the global IT map even though its universities churn out approximately 30,000 graduates a year in computer-related...

14.05.2023 20

Dawn Business

Kazim Alam

DTS to go live next week

KARACHI: A new trading system is set to go live on the Pakistan Stock Exchange on May 15, the national bourse said on Thursday. The planned rollout of...

12.05.2023 10

Dawn Business

Kazim Alam

KE’s mounting losses are merely a ‘blip’

KARACHI: K-Electric Ltd CEO Moonis Alvi said on Tuesday the unusually high loss that the vertically integrated power utility recorded in the first...

10.05.2023 30

Dawn Business

Kazim Alam

Hascol not compliant with PSX regulations

KARACHI: The Pakis­tan Stock Exchange (PSX) told investors on Monday that Hascol Petroleum Ltd, an oil marketing company, is in non-compliance for...

09.05.2023 10

Dawn Business

Kazim Alam

Dwindling payouts amid rising corporate earnings

KARACHI: The corporate sector seems reluctant to dish out dividends even though its earnings are growing regardless of the tough economic conditions....

07.05.2023 10

Dawn Business

Kazim Alam

CEOs pledge fair, not minimum, wages

KARACHI: Trade unionists, beware! A new kind of collective bargaining agent (CBA) is in town to replace you. As implausible as it may sound, it’s...

05.05.2023 10

Dawn Business

Kazim Alam

HBL sponsor to buy additional Rs3.5bn shares

KARACHI: The Aga Khan Fund for Economic Development (AKFED), which is the overseas sponsor of Habib Bank Ltd, is going to use its accumulated...

03.05.2023 8

Dawn Business

Kazim Alam

Corporate earnings rise despite economic headwinds

KARACHI: Notwithstanding the nearly flat economic growth expected for 2022-23 amid record-high inflation, after-tax income reported by the...

02.05.2023 10

Dawn Business

Kazim Alam

UBL to conduct due diligence of Silkbank

KARACHI: United Bank Ltd (UBL) is considering a potential “merger” with Silkbank Ltd, one of the smallest commercial lenders battling...

29.04.2023 9

Dawn Business

Kazim Alam

UAE investor acquires Summit Bank

KARACHI: Summit Bank Ltd, one of the smallest commercial lenders in terms of net assets, said on Wednesday a UAE investor has become its majority...

27.04.2023 10

Dawn Business

Kazim Alam

Dwindling purchasing power hurts e-commerce

KARACHI: Dwindling purchasing power amid record-high inflation and massive devaluation has put a serious strain on e-commerce companies operating in...

26.04.2023 50

Dawn Business

Kazim Alam

PSX asks five firms to explain substantial price change

KARACHI: The compliance department of the Pakistan Stock Exchange (PSX) has sought a clarification from five listed companies for a “substantial”...

25.04.2023 6

Dawn Business

Kazim Alam

Local AI firm makes waves globally

KARACHI: Code writers making top-drawer artificial intelligence (AI) tools that’ve gained traction at a mass scale worldwide don’t always belong...

20.04.2023 30

Dawn Business

Kazim Alam

Chinese mine operator in Thar halves production

KARACHI: The Chinese mine operator in Thar whose output feeds coal-based power plants generating 1,360 megawatts has reportedly cut its production by...

19.04.2023 30

Dawn Business

Kazim Alam

Why a fresh IMF programme is unavoidable for Pakistan

KARACHI: Pakistan is getting closer to signing the staff-level agreement with the International Monetary Fund (IMF), but that doesn’t mean it’s...

16.04.2023 10

Dawn Business

Kazim Alam

Why is a fresh IMF programme unavoidable for Pakistan

KARACHI: Pakistan is getting closer to signing the staff-level agreement with the International Monetary Fund (IMF), but that doesn’t mean it’s...

16.04.2023 10

Dawn Business

Kazim Alam

SC’s order on poll funds puts central bank in a bind

KARACHI: The State Bank of Pakistan (SBP) seems to be caught between a rock and a hard place in the aftermath of the Supreme Court’s order of April...

16.04.2023 30

Dawn Business

Kazim Alam

Telecard subsidiary set to buy firm for listing status

KARACHI: Share­holders of Hallmark Company Ltd, a listed entity engaged in the trading of computer and allied IT equipment, has signed an agreement...

14.04.2023 6

Dawn Business

Kazim Alam

SHC grants stay against Tri-Star Power takeover

KARACHI: The Sindh High Court has ordered that the status quo be maintained with respect to the attempt by a Turkish investor to buy more than 51 per...

11.04.2023 20

Dawn Business

Kazim Alam

Why graduates face higher unemployment in Pakistan

KARACHI: It may sound counter-intuitive, but research shows the likelihood of unemployment in Pakistan grows in proportion to the level of education....

09.04.2023 60

Dawn Business

Kazim Alam

ESSAY: THE SOLACE OF BOB DYLAN

I got hooked on American singer-songwriter Bob Dylan’s music in May 2021. Ammi and Abbu had passed away, one after another, in the space of a week....

09.04.2023 30

Dawn (Magazines)

Kazim Alam

Business confidence slides to a record low

KARACHI: Business confidence continued its slide in the first three months of 2023 amid multiple economic crises, according to the latest edition of...

08.04.2023 30

Dawn Business

Kazim Alam

African lender eyes Silkbank

KARACHI: International Commercial Bank (ICB) of South Sudan, an African lender founded in 2011, has expressed interest in investing in Silkbank Ltd, a...

07.04.2023 20

Dawn Business

Kazim Alam

Debt restructuring will be ‘very difficult’: ex-SBP chief

KARACHI: Former central bank chief Dr Reza Baqir said on Tuesday debt restructuring for Pakistan will be “very difficult as a process” given that...

05.04.2023 30

Dawn Business

Kazim Alam

Active microfinance borrowers cross 9m

KARACHI: The number of active microfinance borrowers crossed the nine million mark for the first time at the end of October-December 2022, up 3.6 per...

02.04.2023 30

Dawn Business

Kazim Alam

Start-up funding in Jan-March drops 86.6pc

KARACHI: Pakistani start-ups raised a total of $23.1 million in eight deals in the January-March quarter, down 86.6 per cent from a year ago. However,...

01.04.2023 7

Dawn Business

Kazim Alam

Banks may face higher credit cost under IFRS-9

KARACHI: The method that banks use for calculating their expected credit cost will change under the revised set of accounting standards that may lead...

31.03.2023 10

Dawn Business

Kazim Alam

Govt asked to do away with restrictions on dollar outflows

KARACHI: The country should do away with restrictions on dollar outflows to attract long-term foreign investment in efficiency-seeking sectors, said...

30.03.2023 30

Dawn Business

Kazim Alam

SECP asked to reverse ‘hostile takeover’ of Ecopack

KARACHI: Minority shareholders of Ecopack Ltd — a listed company that makes plastic bottles for beverage firms — have sought the intervention of...

29.03.2023 30

Dawn Business

Kazim Alam

Textile mill suspends production

KARACHI: Khalid Siraj Textile Mills Ltd (KSTML) said on Monday it’s shutting down operations until May 31 owing to political unrest, import...

28.03.2023 30

Dawn Business

Kazim Alam

Latest economic downswing has produced 3 challenges for MNCs in Pakistan: OICCI President

Amir Paracha, newly elected president of the Overseas Investors Chamber of Commerce and Industry. Multinational companies (MNCs) are in a tight...

27.03.2023 10

Dawn Business

Kazim Alam

PICT plans $100m investment, with a caveat

KARACHI: One of the four container-terminal operators in Pakistan has vowed to bring in more than $100 million in fresh foreign direct investment...

24.03.2023 10

Dawn Business

Kazim Alam

Govt should revise tight gas policy: expert

KARACHI: The government should revise its tight gas policy to nudge energy companies towards exploring natural gas that’s obtained from reservoir...

22.03.2023 20

Dawn Business

Kazim Alam

Govt’s blanket ban on imports is leading Pakistan to a bigger crisis of rising unemployment

KARACHI: The axle of my beat-up Mehran howls with a screeching kut, kut, kut, kut sound every time it takes a sharp turn. I set aside the money to...

19.03.2023 20

Dawn Business

Kazim Alam

Edtech Maqsad raises $2.8m in seed round

Maqsad, an edtech platform for academic content, has raised a seed round of $2.8 million at an undisclosed valuation, co-founder Rooshan Aziz told...

16.03.2023 30

Dawn Business

Kazim Alam

SMEs detest high tax compliance costs: study

KARACHI: Small and medium-sized enterprises (SMEs) believe the burden of tax compliance is a bigger hurdle than the actual tax paid or the high tax...

16.03.2023 30

Dawn Business

Kazim Alam

IFC to double project funding in Pakistan in three years

KARACHI: International Finance Corporation (IFC), part of the World Bank Group that invests in the private sector in emerging markets, is going to...

15.03.2023 10

Dawn Business

Kazim Alam

Foreign investors decry govt apathy to their problems

KARACHI: Foreign investors have come out with all guns blazing against the Board of Investment and other “relevant ministries” for turning a blind...

14.03.2023 40

Dawn Business

Kazim Alam

Listed firms’ sales drop for second quarter

KARACHI: In yet another manifestation of the economic slowdown, sales by a majority of listed firms dropped for the second consecutive quarter in...

12.03.2023 10

Dawn Business

Kazim Alam

Turkish investor to buy power firm

KARACHI: A Turkish investor announced on Thursday its intention to buy more than 51 per cent shares and control of Tri-Star Power Ltd, a publicly...

10.03.2023 30

Dawn Business

Kazim Alam

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