Pakistan’s mobile internet users stand at 21 percent of the population:...

LAHORE: Pakistan’s mobile internet users as a percentage of the population were recorded at 21 percent at end of January 2018, according to a...

Next government to resume halted FTA negotiations with China

ISLAMABAD: As Pakistan and China have failed to reach a consensus on the second phase of China-Pakistan Free Trade Agreement (CPFTA) this month, the...

Pakistan’s aviation sector: In ‘rapid descent’

An international forecast projects Pakistan’s domestic air travel to grow at twice the pace of global traffic over the next 20 years, enough to lure nearly half a dozen new airlines to apply for...

Three major banks are up for sale. Who will buy them?

For the first time in Pakistani history, three perfectly healthy and viable banks are simultaneously up for sale. None of them is a distressed asset being sold by sponsors who had hastily gotten into...

Why Ishaq Dar deserves bouquets and not brickbats

Interview: Dr. Ishrat Hussain Former Governor, SBP Having served two back-to-back terms as SBP governor in Pervez Musharraf’s dispensation, Dr Ishrat Hussain has had a long and distinguished stint in various high-profile leadership roles here...

Pakistan’s promising auto market lures Nissan back

As the CPEC gains momentum, enhancing the feel-good factor and stirring an economic boom across the country, one of the topnotch Japanese automakers Nissan has decided to make a comeback to Pakistan – with...

Pakistan’s mystery billionaire

“He’s the Howard Hughes of Pakistan. Nobody ever sees him. You’re the first ones (among journalists) who are going to witness him in the flesh,” said the person who ushered us into a conference...

Pakistan, promise unfulfilled

Established as far back as the middle of the nineteenth century, 1860 to be precise, the Overseas Investors Chamber of Commerce and Industry (OICCI) is the oldest in Pakistan – representing 190 investors from...

What separates a great venture from an ordinary enterprise

Whether it is public or private, profit or nonprofit every organization needs a strong culture and highly-trained management to achieve its objectives, culture controls our movements as well as empowerment of its management and...

The incentive in going green

Either hot or very cold, mostly in the extreme, the weather is hardly ever temperate. One’s neighbourhood is hit by water scarcity, the power load-shedding is a permanent nuisance, exacerbated by inflated electricity bills....

What makes Pakistan plump for IMF time and time again?

Pakistan has been approaching International Monitoring Fund (IMF), intermittently, since 1988. The last programme was successfully completed during the period 2013-16. However, within a...

The year in energy

Corrupting power

Editor’s Note: SBP’s Hotel California

It doesn’t make sense. Just doesn’t. Here are three banks that are clearly up for sale. Three solid banks, with great fundamentals, not some haemorrhaging...

Editors Note: Rich, yes, but how rich?

“If you can count your money, you don’t have a billion dollars.” J.Paul Getty Forbes Magazine has an obsession with the world’s billionaires. The publication’s...
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Three major banks are up for sale. Who will buy them?

For the first time in Pakistani history, three perfectly healthy and viable banks are simultaneously up for sale. None of them is a distressed...

Gulf investors seek exit opportunity from Pakistan’s banking industry

LAHORE: After holding their positions for decades, a number of Gulf investors are looking for a suitable exit opportunity from the Pakistani banking industry. The...

SBP’s informal ‘currency controls’ major hurdle in sale of Bank Alfalah, Meezan Bank and...

LAHORE: As foreign owners look to sell off their stakes in three major Pakistani banks to local buyers, the State Bank of Pakistan (SBP) is...

Pakistan’s mystery billionaire

“He’s the Howard Hughes of Pakistan. Nobody ever sees him. You’re the first ones (among journalists) who are going to witness him in the...

Why Ishaq Dar deserves bouquets and not brickbats

Interview: Dr. Ishrat Hussain Former Governor, SBP Having served two back-to-back terms as SBP governor in Pervez Musharraf’s dispensation, Dr Ishrat Hussain has had a...

Cassini Partners to launch operation in Pakistan from May 2

ISLAMABAD: Cassini Partners has announced the official launch of its Pakistan operations from May 2. The launch event will include a presentation and a...

Pakistan’s aviation sector: In ‘rapid descent’

An international forecast projects Pakistan’s domestic air travel to grow at twice the pace of global traffic over the next 20 years, enough to...

Revision in foreign currency account law could rein in demand of dollar in kerb...

KARACHI: The promulgation of a revised Protection of Economic Reforms Act (PERA) 1992 earlier this week has been appreciated by experts, which stipulates the...