Monday, April 14, 2014
DAWN

Self-serving banks

The weak regulator, SBP, focuses on everything but misses the most essential issue: orientation of the banking sector.

Business on mutual trust

The business transactions take place on plain paper chits or on cell phones, hidden from the eyes of the taxmen.

read full story| post a comment

Corporates striving to consolidate under one roof

'Eventually, smaller financial institutions would have to integrate into bigger units or drown in a sea of competition.'

read full story| post a comment

Dollar dips below Rs97

The rupee is at its strongest level against the dollar since December 2012, and has appreciated 8.6pc over the

read full story| post a comment

Exchange companies under stress

Forex companies have started feeling the heat of changed market conditions after the recent rise in the rupee’s value.

read full story| post a comment

Bank Al Habib’s stable performance

Bank Al Habib continues to maintain the highest coverage ratio against toxic debt in the country at over 150pc,

read full story| post a comment

Money Market: Approved foreign exchange up

Balances held outside Pakistan in approved foreign exchange increased by 16.4pc to Rs378.68bn by March 28

read full story| post a comment

Eurobonds sale and their impact

With the healthy inflow from the Eurobond in the bag, the probability of a discount rate cut of 50bps has increased, as

read full story| post a comment

Steady business growth in home appliances

We are now working on how to save 50pc of water usage in washing machines, says Bashir Dawood, managing director,

read full story| post a comment

Sales tax on services: dispute between provinces

Sindh would not allow anyone to question its jurisdiction as the constitution allows collection of tax on services

read full story| post a comment

Multilaterals see global springtime

An across-the-board reduction in expenditure may seem expedient, but should be avoided because it is neither

read full story| post a comment

Mango crop and export outlook

Mango output this year may cross 1.8 million tonnes after remaining below this mark for last two years.

read full story| post a comment

Wheat output exceeds target

Sindh is set to have a good wheat harvest this year as it has exceeded sowing target by 20,000 hectares.

read full story| post a comment

Foreign sales of basmati rice pick up

The development is attributed to the Indian failure on two fronts – price and quality.

read full story| post a comment

Induction of consultants in canal de-silting

KP conducts canal cleaning every year, but the money spent annually has never been sufficient to support the kind of

read full story| post a comment

Timely rains

It is for the first time since mid-1990s that there will be no water shortage during Kharif season, while the share

read full story| post a comment

Could you come up with $2,000 in 30 days?

A substantial fraction of seemingly middle-class Americans are ‘financially fragile’ in the sense that they’d...

read full story| post a comment

How To ...

Boost performance by managing mindfullyMindfulness is the process of actively noticing new things. Paying attention...

read full story| post a comment

Founding a hardware startup is getting easier

Only 3pc of US venture-capital investment was for hardware startups last year, but that represents a big increase...

read full story| post a comment

Belief that can make you cruel

People’s wish to see the world as just and orderly sometimes leads them to harm those who have already suffered...

read full story| post a comment

Fear of a brand makes you more attached to it

People who were scared by clips from the movies ‘The Ring’ and ‘Salem’s Lot’ felt more emotionally ...

read full story| post a comment

Rigid gender roles

In countries with strict gender roles, women’s total work hours tend to increase as they perform more paid labour...

read full story| post a comment

World economies

Nepal AGRICULTURE is the mainstay of the Nepalese economy, providing a livelihood for three-fourths of the ...

read full story| post a comment

Letter from Mumbai: Expanding in global pharma space

INDIAN billionaire and pharmaceutical tycoon Dilip Shanghvi’s $4bn acquisition last week of Ranbaxy Laboratories,...

read full story| post a comment

Chinese savers can scorch the world

In the long run, China’s capital account will presumably become largely open and in time, no doubt, China’s savers

read full story| post a comment

Rising inequality is a blemish on Asia’s growth story

The ideal, of course, is to generate as much economic growth as possible, then to ensure that this confers the greatest

read full story| post a comment

Europe’s new boys face a tough fight on austerity

‘I blame austerity. It has destroyed so much economic output that it made debt sustainability harder — the exact

read full story| post a comment

IMF forecasts on Pakistan’s economic prospects

Pakistan’s GDP growth is expected to fall to 3.1pc in 2014 before steadily growing back to 5pc by 2018.

read full story| post a comment
Note: Updated 7:30 AM (PKT) every morning