Monday, January 12, 2026

The case for Pakistan

(Hint: it's not the next Indonesia)

A primer on refinery margins

To a casual observer, refining is a boring and largely commoditized business often exposed to volatility in commodity prices.  During the last few months,...

Dissenting note: Here is what the government might be thinking 

The criticism around the government's recently unveiled IT Export Policy is premature, primarily because there is a lack of information. The 18-page report that...

Startups should be looking at debt, not just VC funding

Three years ago, I met another venture investor in Jakarta to talk about startups in emerging markets. We spoke about various sectors and business...

Taken for a ride: Uber’s free ride wasn’t free after all

It was 9:07 pm and my thoughts raced like a tangled mess, loops of thread getting stuck at adjacent knots and reversing only to...

The lost glory of I. I Chundrigar Road

If you’re over 35 and have a job in Karachi, chances are you’ve spent a significant amount of time at I.I Chundrigar road. For...

A scary summer ahead – this week in Pakistan’s business and economics twittervers

The PTI has upped the ante once again and mounting pressure on the existing government. With huge increases in oil prices the overall economy...

Politics is not a dirty word

A favourite trope of the urban Pakistani middle class is to say that all of Pakistan’s problems could be solved, were it not for...

Editor’s Note: Policy Reversals

There is no clearer indication that the current administration has absolutely no clue what they are doing on matters of fiscal policy than the...

Where are the opportunities for the poor?

Prime Minister Imran Khan has announced the Ehsas program for poverty alleviation — an admirable step. But more than government aid the poor need...

Stability and reform: Navigating financial challenges in Pakistan’s power sector

Pakistan's power sector is at a critical crossroads, facing significant financial challenges that threaten its stability and sustainability. Changing policies and statements on renewable...

Getting it right

Pakistan has decided to go to the IMF for a bailout. Presumably this long-awaited and much-delayed decision has been taken after exhausting all other options.

Other People’s Money, the best kind of money

Sitting on other people’s money till next Monday can net you a tidy sum. That can be good and bad

The lopsided market structure of the automobile industry

Cars are supposed to go down in value. Here they are a fixed asset.

Russia, Ukraine, and Pakistan

On the economic front, Khan’s strategy has two core goals - providing relief and boosting popularity.