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....
Editor’s Note: Immovable, like set cement
A cat might have nine lives but Dewan Group’s Dewan Yousuf seems to have thirteen. And counting.
The banks, to whom he owes...
No, Prime Minister, the problem is you (Editorial)
The premiership of Imran Khan is what happens when the collective wisdom of upper middle class drawing rooms in Pakistan comes to...
Correcting market failure
This publication is generally in favour of free markets, which in practice can often mean an opposition to what we view as...
Dear CEOs, please stop whining
One of the professional hazards of being a financial journalist in Pakistan is that when you get to meet and talk to...
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,...
Rent-seeking behaviour
The biggest difference between being pro-free markets – which this publication is – and being pro-business – which is a seemingly similar,...
Lessons from the fall of Airlift
AIrlift’s fall was inevitable. Once the darling of the Pakistani startup ecosystem, its downfall was a mixture of unfortunate circumstances and its...
Editor’s Note: The state of the State Bank
If the KASB Bank’s own valuation was correct, then it actually was sold for a song by SBP. If the auditors’ valuation was correct, then was SBP sleeping on the job when it let things get so bad at KASB?
Set the money free
Suppose, for a minute, that you are perusing the internet, looking to buy a property, and you find a listing online for...
The power of banks
Yes, dear readers, yet another cover on the banking sector. The second consecutive one, in fact.
There is more to Pakistani businesses and...
Sit down, Mr Dar!
For a number of weeks, now former finance minister Ishaq Dar has been providing unsolicited input into the economic decision-making of the...
Imports: necessary, and not evil
In a country whose government is as obsessed with the exchange rate, the current account deficit, and thus every single component that...
Can PTCL’s new CEO turn back the clock?
The market just isn’t big enough for these many players. This is a statement that is thrown around a lot these days,...
Competition is overrated
Not the silver bullet many argue it is