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?
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...
Editor’s Note: What will PTI’s economic policy look like
So it happened at last. The Pakistan Tehrik-e-Insaf, after 22 years of struggle, has finally managed to win an election, albeit with more than...
Hop, Hop and Away!
Hussain Dawood is one of the richest men in Pakistan. However If one were to ask from exactly which business did he make his...
Editors Note: Passing the baton
She’s going to be the fourth Tapal to run the tea empire. The odds are against Mehvish Tapal. At least statistically speaking. Studies have...
Editors Note: Dalda goes public
With our financial capital markets as nascent as they are, any discussion of a major company going public is going to be half parts...
Running a tight ship
One of my all-time favorite movies has to be Braveheart (1995). The movie had many powerful scenes and the one that we have depicted...
Will the real economy please stand up?
Is it the robust economy with one of the best performing stock markets in the world? Or is it the economy with ever dwindling...
Editor’s Note: The silver bullet
‘The government should drop the ancient practice of doling out plots as end-of-career economic security to its elite cadre of civil and military bureaucracy...
Editor’s Note: The relevance of financial journalism
At Profit, we see it as our role to ensure that those rays of optimism that one may feel from the generally positive long-term...
Keeping fingers crossed
Things aren’t too bad on the foreign exchange reserves front. At $22.4 billion, our reserves seem to be sitting pretty; higher than they have...
Editor’s note: Clicks but not without bricks
Yes, digital is the future in all sectors, including banking. Yes, Standard Chartered has a bit of a first movers advantage within the sector;...
Editor’s Note: Of a lack of imagination and unsold shirts
Pakistan’s retail market. Sound out anyone, not just within the country, but also abroad, you’ll hear the same optimism about it. “135 Million Millennials...
Editor’s Note: PIA’s turnaround effort
It is no secret that Pakistan’s state-owned enterprises are almost invariably badly run, but even by the Government of Pakistan’s atrocious standards, the national...
THE FIRST STEP TO SOLVING A PROBLEM
Dr. Daniel Ritz, President and CEO of PTCL and Jeff Daniels, the acclaimed American actor, seem to have more than their name in common....
Popular News
‘WHT on cash withdrawal to be abolished for tax filers’
State Minister Hammad Azhar had assured KCCI of restoring final tax regime for commercial importers under the upcoming finance billKARACHI: State Minister for Revenue...
Latest News
Pakistan, UAE to reach agreement on $3 billion support package today
Earlier this month, UAE’s crown prince Sheikh Mohammed bin Zayed Al Nahyan paid a flying visit to Islamabad and affirmed a $3 billion bailout package announced last month
