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....
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...
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...
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...
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...
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,...
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...
Rent-seeking behaviour
The biggest difference between being pro-free markets – which this publication is – and being pro-business – which is a seemingly similar,...
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,...
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...
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...
The most worrying chart (Editor’s Note)
There is one chart that gives us a heart attack every time we look at it: one that shows Pakistan’s...
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 tale of two entrepreneurs (Editor’s Note)
This week, Profit chronicles the tale of two men who are in some ways a study in contrasts: one who is at...