Pakistan: focus on the basics
Even by its high standards, 2011 has been a tumultuous year for Pakistan. Political uncertainty, energy shortages, terrorism, and flood devastation all feature heavily in the central bank’s end of year...
View Article[video] Pakistan’s instability slows reform and hits business
As Pakistan’s military and judiciary lock horns, business is worried that instability is distracting politicians from the need to reform a stalling economy. Matthew Green, the FT’s Pakistan and...
View ArticlePakistan: more Bollywood please
Nothing like random musical numbers, overacting and scantily-clad-yet-somehow-still-chaste actors and actresses to bring two age-old enemies together. How else to explain Pakistan’s growing status as a...
View ArticleGuest post: trade is key to India and Pakistan’s common future
By Mian Mohammad Mansha The benefits of trade, especially in the global village, are well known. Neighbours such as India and Pakistan are especially well-placed to profit from doing business together...
View Article[video] Cutting a new cloth in Pakistan
Under pressure from Bangladesh, China and India, Pakistan’s leading textile manufacturers are trying to move up the value chain. The FT’s Henny Sender visits a Nishat Mills factory to investigate what...
View ArticleIndia-Pakistan: opening economic ties
By Neil Munshi and Girija Shivakumar India and Pakistan seem to be coming closer together economically, taking ginger but significant steps toward each other. On Friday, Anand Sharma, India’s commerce...
View Article[video] Mobius: volatility is the worry
Mark Mobius, executive chairman at Templeton Emerging Markets, tells the FT’s Henny Sender that volatility is the biggest worry, not just for emerging markets but for all markets around the world....
View ArticlePakistan’s real power problem: a failed privatisation
Drone attacks, political tension, a hidden independence war… Pakistan is living through some dark hours. And that is true in a literal sense as well. For more than a year, Pakistani cities have faced...
View ArticleXinjiang: struggle to revive Silk Road
By Raffaello Pantucci What do you do about attracting investment if you are a remote corner of China, best-known internationally for your ethnic tensions? If you are Xinjiang, you invest heavily in a...
View ArticlePakistan’s equities hit all time high – but does the economy justify further...
Pakistan’s equity investors are eagerly awaiting news from the country’s central bank when it reveals its policy on future interest rates on Friday. On Thursday, the Karachi Stock Exchange’s main...
View ArticlePakistan: rate cuts bring little joy outside a booming stock market
Pakistan’s businesses should be celebrating this month’s interest rate cut of 50 basis points, which brought down the rate down to a maximum of 10 per cent. But many critics argue it will take more...
View ArticlePakistan mulls starting Indian fuel imports, as economic ties warm
Pakistan appears to have warmed up to the idea of allowing fuel imports from India, following this week’s visit to Delhi by Asim Hussain, the country’s petroleum minister. The move adds to the growing...
View ArticlePakistan’s woeful education
The plight of Malala Yousafzai, the Pakistani schoolgirl shot by the Taliban for publicly demanding the right of women to be educated, has shone a global spotlight on the failings in the country’s...
View ArticlePakistan: inflation reality check
What’s a finance minister to do when his own cabinet colleagues disbelieve his figures? Abdul Hafeez Shaikh, Pakistan’s finance minister, is finding out the hard way. The respected former World Bank...
View ArticlePakistan: politics, not investment, to keep the gas flowing
With elections looming in Pakistan by summer 2013, prime minister Raja Pervez Ashraf has ordered officials from the ministry of petroleum and natural resources to make certain that there are no...
View ArticlePakistan: rate cuts yet to bear fruit
The decision by Pakistan’s central bank on Friday to cut its discount rate by 50 basis points to 9.5 per cent was a widely-anticipated move – a measure meant to give an impetus to new investments, and...
View ArticlePakistan: finance minister’s seat empty amid fears over election-driven spending
Is Pakistan’s political transition in danger of succumbing to its economic woes? That’s a question increasingly making the rounds among the country’s businessmen as pro-democracy activists look towards...
View ArticlePakistan: Sharif win hope lifts stocks
As far as investors on the Karachi stock exchange are concerned, the result of Pakistan’s parliamentary election on May 11 is already a done deal. They’ve driven the market to record highs on the...
View ArticlePakistan market soars on Sharif win
Source: KSE With a 17 per cent rally this year in the Pakistan stock market driven largely by hopes of a Nawaz Sharif election win, it might have seemed that his apparent victory was in already in the...
View ArticlePakistan: reality check for Sharif
When Pakistan’s newly-elected prime minister Nawaz Sharif arrives in Islamabad this week he may take heart from the country’s surging stock prices. But a reality check will quickly make him realise the...
View Article
More Pages to Explore .....