Pakistan’s hordes of unskilled IT labourers
Most of Pakistan’s IT exports are based on low-value IT related services. Investment in the right education can change that
Understanding the Black Forest cake
This week, Profit’s cover story chronicles not just the metrics that can be used to figure out what income group constitutes ‘middle-class’ in Pakistan,...
Fixing pay and pensions
250 million people exist to pay the salaries of government employees
Onecoin: Cryptocurrency for the gullible
Our society seems to be fascinated with credulity and self-delusion. I first noticed this back in 2013, when “Engineer” Agha Waqar came up with...
Pakistan’s ticking pension time bomb
The government must change its pension plans unless it wants to buckle under the weight of pension liabilities
Defining Sethism
Besides the well-understood issues of capital constraints, budget deficits and lack of planning, the economy is chained by Sethism
Pakistan’s auto industry has a bright future. Here’s why
Cautious optimism for the auto industry in 2024: Understanding the driving forces
The case against sovereign default
Groundhog Day is now a preferred reference point for the economic cycle in Pakistan, with each crisis largely resembling the previous crisis, and a...
The remarkable life and tragic death of Airlift
Airlift’s highs were dizzying and its lows were tragic. But what are the lessons we can learn from it?
What Shanghai Electric is inheriting from Abraaj
The problem with buying a monopoly is that you never really think about the competition until it is too late. Shanghai Electric’s $1.77 billion...
Paper cut
Commodity prices don’t increase in isolation, they mostly move in tandem. Just like the butterfly effect wherein a butterfly fluttering its wings can lead...
Daronomics and its aftershocks
A familiar mess that the PTI has inherited
Under the wings of the great Jack Ma
Bykea Founder and Daraz Co-Founder Muneeb Maayr’s memoir of his time with Jack Ma – Founder and CEO AliBaba Group
The what-ifs of Pakistan’s oil and gas segment
There is no single person to blame – everyone has had a subpar showing.
The smog will worsen. It doesn’t have to
We are not condemned to live in this hell forever. Measures can and must be taken
