Monday, July 6, 2020
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Privatisation is not a revenue generator

Here is how the federal finance ministry thinks about privatisation: the government will sell assets in absolute desperation when it needs to...

If you’re not paying for journalism, you’re paying to not have journalism

Quality is the staple product of this stapled product. Or so we think. As do you, if reader feedback is to be...

The time for quick fixes at PIA is over

There is much about the crash of Flight PK-8308 that we do not know, including the precise cause of the crash. But...

The burden of over-regulation

In this edition of Profit, both our cover story and one of our main feature stories are about the financial services sector,...

Hands off the 18th Amendment, Asad Umar!

When he came into office as federal finance minister, we warned Asad Umar not to rely too much on the civil servants...

A proactive central bank… up to a point

The State Bank of Pakistan, it seems, does not want to leave anything to chance. Inflation numbers have started to tick downwards,...

But what if the virus doesn’t go away?

Then we'll just have to call in the "helicopters".

The coming change to Pakistan’s mortgage market

Change can often come from unexpected quarters. A recent ruling from the Lahore High Court on the law concerning mortgages – specifically,...

Absurd demands from would-be autocrats

The news that the government of Pakistan plans to demand that social media giants such as Facebook, Twitter, TikTok, etc. set up...

Imran Khan at Davos

Of all leaders Pakistan has ever had in its history, Imran Khan should be completely comfortable at Davos. Only once before did...

‘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...

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...

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...

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...