On the last night of its existence, Silicon Valley Bank was hosting VC Bill Reichert of Pegasus Tech Ventures, who was giving a presentation on “How to Pitch Your WOW! to Investors” to about 45 or 50 people. Mike McEvoy, the CEO of OmniLayers, recounted the scene for me. “It was eerie over there,” he […]
Pakistan\’s sugar industry has experienced a revolution in the past two decades. Prices of refined sugar have dropped drastically, while wages have outpaced sugar prices, resulting in higher affordability of consumer goods. This has been made possible thanks to policy decisions driven by political incentives. Despite the industry\’s faults, it has achieved efficiency and productivity […]
ISLAMABAD: The tax authorities have left a lacuna in a statutory book, which will prove injurious to the health of foreign tobacco brands and also hurt government revenues due to a disproportionate increase in the minimum sale price of cigarettes and federal excise duty (FED) rates. Through the mini-budget, the government has rightly increased the […]