Record inflation and the journey there

Little can be achieved from fixating on when the rot started to set in. What is needed is a focus on where we stand and what can now be done

2023-2024 Budget

The Budget 2023-2024 was presented under constraints coming from all directions, and posed an almost insoluble problem for the Finance Minister. The...

Interest rate hiked

The State Bank of Pakistan’s Monetary Policy Committee on Wednesday increased the benchmark interest rate 100 basis points, to 21 percent, in...

The signs of collapse

It doesn't take a rocket scientist to realize that inflation is hurting badly. One just needs to be a shopper with a...

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....

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...

A key policy success

It is our contention that – for all our complaining about corruption and incompetence – every administration in Pakistani history has been...
PSL-traders

How the HBL PSL became a reason to believe in Pakistan

Take a look around you. It isn’t a pretty picture, is it? The country is teetering on the edge of default, the...

Take the hammer to the rent-seekers

In general, this magazine believes in free markets, which can often mean we advocate for the removal of what we view as...

Between Dar and Atif, there is a field; I will meet you there

Treat your Ferrero Rochers the way you do your oil imports. Let them be imported indiscriminately and forget this categorisation of essential...

Rules to hold us accountable by

Over the past week, Profit faced a bit of criticism from one of the subjects of a story that we did. The...

Editor’s Note: The power of humility

At the highest level of the corporate world, humility is not a virtue recognised as valuable by most. This is unsurprising given...

Interbank bloodbath

We are now in the danger zone. The interbank market is operating on borrowed dollars just to make routine trade related payments....

Musharraf and a river in Pakistan

Denial is a river in Egypt. Your military dictators are not your saviours

Dear banks – It’s time to go ‘digital first’

The talk of a digital Pakistan is not just talk. We do not say this because there has been some seismic shift...