Private banking frauds

Posted on September 5, 2006
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Total Views: 27599

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 […]

Pictures of the Day: This is what a 7-star looks like!

Posted on September 4, 2006
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Total Views: 67386

Adil Najam For all of those, me included, who wondered what a 7-star hotel looks like; this is it. To find out what it feels like, you will have to wait an indefinite amount of time until this surreal StarTrek-like structure actually comes about in Islamabad. Will it? And if it does will it really […]

A 7-star hotel in Islamabad?

Posted on September 1, 2006
71 Comments
Total Views: 59956

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? […]

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