Stories from Kazim Alam
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                                                            Opinion: Government dependence grows on cigarettesLop-sided tax policies encourage smuggling, fail to curtail smoking habits. 
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                                                            Taking off: Jubilee to launch Takaful window operationsState Life to enter the market as well after chairman is appointed. 
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                                                            State of corporate governance leaves much to be desiredWithout full-time chairmen, many state-owned enterprises operating with difficulty. 
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                                                            Incompetence: ‘A sensible PFC award needed’Former provincial minister for finance says Commission key issue for Sindh. 
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                                                            In line with expectations: SBP keeps monetary policy rate unchangedWill remain at 10% for 2 months, statement mainly recounts positive developments. 
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                                                            Pakistan-based companies to increase in MSCI indexPakistan Tobacco, K-Electric, Lucky Cement and PSO chosen. 
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                                                            Positive sentiment on KSE as MSCI increases number of Pakistan-based companies in its indicesPakistan’s weight in MSCI FM Index will go up to 5.9%-6.2% from the existing 4.1%, says senior research analyst 
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                                                            Govt borrowing in the negative, reveals dataDecline due to reduced reliance on local sources. 
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                                                            Deposit growth slows down, SBP data showsAttributed to SBP’s commitment to slowing growth in domestic money supply. 
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                                                            Buzz kill: Taxing the risk an economy needs to takeIncrease in CGT is likely to hurt investment and reduce capital formation 
 
    











