Correcting market failure

This publication is generally in favour of free markets, which in practice can often mean an opposition to what we view as...

Will Dar recognise the limits of his power?

For the past 20 years every finance minister that Pakistan has had (with the exception of Hafeez Shaikh) has pushed the economy...

Mr Chief Minister, please rest! 

Mohsin Naqvi is a one-man army. Should we not have some sympathy for this overworked hero and relieve some of his burdens?

Disrupt or Be Disrupted

The human mind is trained to visualise linear developments and finds it difficult to estimate exponential possibilities which emanate from technology. Such...

The currency shadow market

There are numerous PKR-USD exchange rates that exist. The rate at which various banks transact and conduct transactions is known as the...

Not all banks!

Recently, I had an opportunity to read Profit Issue #113 and the cover story ‘The discriminatory hiring practices of Islamic Banks: Is...

The opportunity cost of energy subsidies

A subsidy on fuel and electricity treats one-bike households the same as homes with multiple cars.

Astounding damage to agriculture needs immediate response

In terms of agriculture alone, the damages could total between $1.7 and $2.9 billion for major agricultural products across the four provinces

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...

Dollar Doom Loop and Pakistan

The era of cheap money is over. The global financial crisis of 2008 led to an explosive growth in money supply with...

Pakistanis don’t trust the PSX. They should

With the stock market looked at with suspicion, what investors need to understand is that fraud will always be out there, and being not having faith is just counterproductive.

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...

Our readers worry us

We hope the response on our story on the Naya Pakistan Certificates is not illustrative of Naya Pakistan itself

The start-up culture is causing Pakistanis (& Wapistanis) to dream

Rising inflation, declining foreign reserves, energy shortages, political instability – These  headlines make a grim reading for any investor. But in all...

An annoying blend of oddities!

Commercial business activity, encompassing all economic and monetary pursuits, from delivering a newspaper to managing a multimillion rupee company in Pakistan, is...