Fresh efforts for the long-awaited and elusive reforms to ease the cost of doing business and making investments were recently mounted by Prime Minister Shehbaz Sharif. “Acknowledging that simplifying and rationalising regulations to reduce bureaucratic red tape and compliance costs is a substantial challenge,” former president of the South Asian Association for Regional Cooperation explained.
There are few businesses in Pakistan that are holding their own — without subsidies and despite tough economic conditions. Even fewer would see and bet on future growth opportunities in this economy unless the government promised to hold hands to ensure guaranteed profits. Pakistan’s largest power-cable manufacturer, Fast Cables, is one of those businesses. The company owes its spectacular succ
There are few businesses in Pakistan that are holding their own — without subsidies and despite tough economic conditions. Even fewer would see and bet on future growth opportunities in this economy unless the government promised to hold hands to ensure guaranteed profits. Pakistan’s largest power-cable manufacturer, Fast Cables, is one of those businesses. The company owes its spectacular succ
One of the country’s largest payment gateways has denied reports, circulating on social media, that ATMs will remain closed for two to three days due to a cyberattack. The clarification from 1LINK Limited, a consortium of major banks that own and operate the largest representative inter-bank network in the country, was issued after a message started making rounds on social media and shared on W
The objective of incurring sovereign debt is to extricate a nation from existing crises and fund investments for growth and development. However, reliance on debt should be prudent and not excessive. When a nation fails to manage its debts effectively, it can enter a state of debt distress — a challenging and painful process. In such cases, the debt itself becomes a crisis, often exacerbating t