‘Voodoo’ Economics, Habib Metro bank and a noodle

We were spoiled for choice this issue of Profit when it came to deciding what our cover story would be. It’s a...

Local production of Fertilizer crucial for PM’s vision of ‘Making Pakistan the Food Basket for the World’

  The year 2019 ended on a high note with the Government celebrating a saving of approximately $250 million in foreign exchange that...

The mechanics of privatisation

We hear the same things over and over again. You can open the headlines from half a century ago and they will...

To privatise or not to privatise?

On a recent trip to London, I could not help but follow the media coverage of the upcoming general election in the...

A real upgrade

Over the past couple of weeks, the government got some good news: Moody’s, the New York-based global ratings firm, decided to upgrade...

How valuable is your bureaucracy?

For decades now the issue monetization of perks has been on the table. No action has been taken because the powerful secretaries...

Are the banks being lazy? …or – plot twist – being responsible?

Lending to the government is not banking, Allied Bank Limited Chairman, Naeem Mukhtar told me over food at a family wedding in...

Continued myopia on energy policy

Long term policy planning is hardly something that the government of Pakistan is known for. Indeed, the short-termism is what often lands...

Why Jeffrey Sachs is wrong about Reko Diq

It started with the usual leftie / “anti-imperialism is the ultimate moral good” crowd. An article written by American economist Jeffrey Sachs...

The trader’s dilemma

The trading community and the government came to some semblance of an agreement on tax issues recently, after months of simmering tensions...

Seriousness of purpose on climate policy

It is a sad thing when one so consumed by one’s own propaganda and nonsense that one cannot get oneself to admit...

A disease Pakistan can do without

In this week’s cover story, we explore the advent of share buybacks in Pakistan’s capital markets, with major companies listed on the...

Automotive industry feels the pinch

Pakistan’s auto industry is the quintessential oligopoly, with only three major players assembling a handful of automobiles: Honda, Indus Motors (Toyota) and...

Breathing room to act

After months of speculation, at least we know where Pakistan stands: by the skin of our teeth, the country remains connected to...

Tax Refunds: To obtain or not to obtain, and if so, how?

Benjamin Franklin famously said that "n this world nothing can be said to be certain, except death and taxes." His words are...

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Why your LUMS and IBA degrees will not land you a...

Consider the following thought experiment: what would it take for a company to replace Google as the default search engine to the world? Nothing...

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PARC reinstates officials fired on corruption charges

ISLAMABAD: The Pakistan Agriculture Research Council (PARC), an attached department of the Ministry of National Food Security and Research, has reinstated officials who were earlier...