Reko Diq: technical knockout?
The honourable Supreme Court of Pakistan has finally declared the award of Reko Diq copper project's lease to a foreign joint venture Tethyan as illegal. This almost seals the fate…
The honourable Supreme Court of Pakistan has finally declared the award of Reko Diq copper project's lease to a foreign joint venture Tethyan as illegal. This almost seals the fate…
The past year saw some highs and more than a few low points within Pakistan's telecom sector, as the cellular industry in particular faced various restrictions in the name of…
According to the growth diagnostics framework I discussed in one of my previous articles, high taxation is one of the potential candidates for becoming a binding constraint to economic growth…
In the business world, the term "Loss of Profit" is generally associated with the insurance business and relates to a transaction where loss of profit arising from a shutdown of…
There is now widespread consensus within Pakistan that critical to a well-functioning democracy, and to Pakistan’s stability and progress, is that elected officials must be held to the highest possible…
As the story goes, a distant relation of a nawab once begged him for a job. The nawab, in his infinite generosity appointed him head of the treasury. When it…
"Happy families are all alike; every unhappy family is unhappy in its own way." Leo Tolstoy’s novel Anna Karenina opens with this line. This dictum holds true not only for…
Two hundred and fifty-nine people died in the Baldia garment factory fire tragedy in Karachi on Sept 11, 2012. Before this, the highest number of people killed in a factory…
Foreign Direct Investment (FDI) is vital for the health of any economy. For Pakistan's developing economy, considered by foreign investors as a high risk one, FDI is critical due to…
Singapore Airlines and Thai Airways are Public Sector Enterprises (PSEs) just like our national flag carrier - the Pakistan International Airlines (PIA). Apparently, the ownership structure of PIA and these…