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 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,...
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...
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...
‘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...
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...
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...
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...
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...
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...
Breathing room to act
After months of speculation, at least we know where Pakistan stands: by the skin of our teeth, the country remains connected to...
How not to hold businesses accountable
Business publications have a natural bias: we tend to be pro-capitalism, pro-free markets, and pro-entrepreneurship. What we at Profit try to do...
Time to deregulate oil prices
If there is one habit we wish the government of Pakistan would try to kick, it is the insane attempts to assert...
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...