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This leads...
The time for quick fixes at PIA is over
There is much about the crash of Flight PK-8308 that we do not know, including the precise cause of the crash. But there is...
The burden of over-regulation
In this edition of Profit, both our cover story and one of our main feature stories are about the financial services sector, and how...
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 for advice,...
A proactive central bank… up to a point
The State Bank of Pakistan, it seems, does not want to leave anything to chance. Inflation numbers have started to tick downwards, but data...
But what if the virus doesn’t go away?
Then we'll just have to call in the "helicopters".
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, allowing banks...
Absurd demands from would-be autocrats
The news that the government of Pakistan plans to demand that social media giants such as Facebook, Twitter, TikTok, etc. set up offices –...
Imran Khan at Davos
Of all leaders Pakistan has ever had in its history, Imran Khan should be completely comfortable at Davos. Only once before did we have...
‘Voodoo’ Economics, Habib Metro bank and a noodle
We were spoiled for choice this issue of Profit when it came to deciding what our cover story would be. It’s a good problem...
A real upgrade
Over the past couple of weeks, the government got some good news: Moody’s, the New York-based global ratings firm, decided to upgrade Pakistan’s sovereign...
Are the banks being lazy? …or – plot twist – being responsible?
Lending to the government is not banking, Allied Bank Limited Chairman, Naeem Mukhtar told me over food at a family wedding in Lahore some...
Continued myopia on energy policy
Long term policy planning is hardly something that the government of Pakistan is known for. Indeed, the short-termism is what often lands the country...
Seriousness of purpose on climate policy
It is a sad thing when one so consumed by one’s own propaganda and nonsense that one cannot get oneself to admit the truth....
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...
