Bilal Zuberi It seems that the SECP (Securities and Exchange Commission of Pakistan) has finally decided to take strong action against CSIBL (Crescent Standard Investment Bank Limited) (See related ATP post on SECP and economic governance here). It is reported that the entire Board of Directors of CSIBL has been suspended, and its Chief Executive […]
Bilal Zuberi I just read this in the news. Daily Times has reported the inauguration of The Centaurus, Pakistan’s first seven-star hotel project, in Islamabad. I am left wondering what are these people thinking? Can Pakistan afford, and sustain, a 7-star hotel? Do we really need one? And what is a 7-star hotel, after all? […]
Bilal Zuberi How can somebody steal a whole damn train? Well, they can, and did! Supposedly the ‘thief’ was a crazy person from a town near Karachi, who stole the train, drove it down the track for 20 miles and almost caused a serious accident as he was only yards away from colliding with a […]
