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?
Where do we go now?
The new government faces serious economic challenges. The list is quite long, and sadly quite familiar. The immediate challenge will be unwinding the power...
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 an attempt...
Trapped by vested interests
It was a week of sharp reversals. It began with an interest rate hike and ended with a fuel crisis sweeping the country. Along...
Getting our act together
It was only a matter of time, we suppose. Last week, the United States joined the European Union in banning Pakistan International Airlines (PIA)...
Editor’s Note: The clear (lack of) strategy
By now, it is abundantly clear that the Imran Khan Administration has no clear strategy for reviving the economy, let along introducing the badly...
Editor’s Note: Time to test the energy policy
Long before he ever became finance minister, Asad Umar had begun formulating what would eventually become the energy policy of the Imran Khan Administration....
Editor’s Note: The adult in the room?
If campaigns are conducted in poetry, and governing in prose, it appears that the Imran Khan Administration – at least insofar as Finance Minister...
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 quite a...
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...
Tipping point
The country is standing at a critical tipping point and it’s most important decision making centre is in complete disarray. The economy is still...
Editor’s Note: The dangers of misinformation
It used to be that companies would hire public relations firms to manage their image in the media by trying to put the best...
Musharraf and a river in Pakistan
Denial is a river in Egypt. Your military dictators are not your saviours
A disease Pakistan can do without
In this week’s cover story, we explore the advent of share buybacks in Pakistan’s capital markets, with major companies listed on the Pakistan Stock...
Editor’s Note: Outsourcing: What is it good for?
If there is one theme that dominates this issue of Profit, it is unquestionably outsourcing. Our cover story explores Pakistan’s miniscule business process outsourcing...
