Stories from Farooq Tirmizi
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The bottom line: Is the banking sector’s record streak about to snap?
After a blowout year in 2011, banks may see marginal declines in profits going forward.
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Monetary policy: State Bank mandates higher returns for savings accounts
Leaves the benchmark discount rate unchanged at 12%.
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No light at tunnel’s end: Strapped for solutions, provinces to share shortage
The energy conference generates plenty of political amity, but no real solutions.
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Tough business: Fertiliser sector expected to post losses for first quarter of 2012
Analysts view stock price drops as an opportunity to buy shares in blue-chip firms on the cheap.
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Analysis: How Byco’s new refinery might change the industry
Investors may not be happy with the project, but competitors should pay attention.
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Analysis: The government is not to blame for rising petrol prices
International commodity markets do not obey governments; they follow laws of supply and demand.
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Bouncing back: After record profits, Bank of Khyber set to continue expansion
Forced Islamisation halted bank’s progress, says CEO Bilal Mustafa.
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Caltex out: Chevron’s exit from Pakistan may benefit other players
Shell, Byco, Attock Petroleum to benefit from US giant’s departure: Merrill Lynch.
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Capital markets taxation: SECP feels its role is misunderstood
Chairman says the proposal would not help money-laundering, would raise revenues.
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End of an era: Citi may finally go to sleep
Citibank to close consumer division as part of global trends.