Recent policy shift - a shock to mobile assembling industry

Of late, the National Board of Revenue (NBR) has issued a Statutory Regulatory Order (SRO) that apparently created discontent among a section of the investors who were encouraged by the government's policy measures only a year ago. For the investors of local mobile handset assembling plants, NBR's issuance of a...

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Warnings of a new global financial crisis

There are increasing warnings of an imminent new financial crisis, not only from the billionaire investor George Soros, but also from eminent economists associated with the Bank of International Settlements, the bank of central banks. The warnings come at a moment when there are signs of international capital flowing out...

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