‘A harmful trend in banking sector’
Apropos editorial 'A harmful trend in banking sector', I find it necessary to highlight some of the important and relevant missing links that need more attention and clarity. It seems…
Everything’s almost free in Spain’s parallel barter economy
It can be argued that extra-judicial interventions first by Ghulam Mohammad as Governor General in 1951 and later by military regimes and disregard of the Constitution - facilitated by either…
At a precipice
Pakistan stands devastated today due to unprecedented massive corruption. According to a recent report by Transparency International Pakistan the last five years have been the worst in the history of…
In search of true representation
On June 8, 2012, the Supreme Court of Pakistan in its judgement in the case of Workers' Party Pakistan through Akhtar Hussain, Advocate, General Secretary and 6 others v Federation…
Lively performance of National Bank of Pakistan
Performance, profit and its distribution by the National Bank of Pakistan, for its 64th year ended December 30, 2012, gives a pleasant surprise to all interested in work sheet of…
Lessons from Cyprus
A few years down memory lane, who would’ve thought that Cyprus – the Russian tax haven and the hub of a massive banking bubble – would bear such a mammoth…
Institutional pillage
`Fiscal Neanderthals`. This is how a friend used to describe the finance and FBR bureaucracy and their parliamentary `handlers` after each bout of resistance to tax reform and the introduction…
Second ‘Shareholder Spring’ unlikely to bloom in Europe
While politicians and public have fulminated against lottery-sized pay awards in Europe's boardrooms, fund firms, which wield the real power, are less concerned by such excesses and unlikely to use…
Good on intentions…
Part of being a concerned citizen is to be well informed and, as I belong to the 18-35 age demographic that is going to cast its vote for the first…
Smart move on the eve of election
The internal Monetary Policy Committee of State Bank of Pakistan (SBP) was unanimous in its decision for keeping the discount rate unchanged and the Board conveniently approved that stance. The…
