The Global Social Network
Pakistan's travel and tourism industry is booming with significant improvement in security situation. In 2015, it contributed 7% of Pakistan's GDP. It includes foreign and domestic travel and tourism spending or employment in the equivalent economy-wide concept in the published national income accounts or labour market…
ContinueAdded by Riaz Haq on August 22, 2016 at 6:30pm — 47 Comments
Added by Riaz Haq on August 14, 2016 at 5:30pm — 8 Comments
Some of Prime Minister Narendra Modi's supporters claim that his "Make in India" campaign has brought India to the verge of becoming a manufacturing behemoth 69 years after the nation's independence. Others claim India is already a manufacturing powerhouse. Let's examine these claims based on data.
Manufacturing Ranking:
While India now ranks 6th in the world in terms of total manufacturing output, it still sits at a very low 142nd position terms of…
ContinueAdded by Riaz Haq on August 13, 2016 at 5:04pm — 70 Comments
Added by Riaz Haq on August 8, 2016 at 8:00pm — 5 Comments
Added by Riaz Haq on August 1, 2016 at 8:32am — 2 Comments
Added by Riaz Haq on July 25, 2016 at 10:14pm — 11 Comments
Pakistan's energy consumption grew by 5.7% in 2015, faster than the 5.2% increase in neighboring India that claims significantly faster GDP growth. Primary energy consumption growth in a country is often seen as a strong indicator of its GDP growth. Ever since the advent of the industrial age, energy has become increasingly important as a driver of farms, factories, communication, transportation,…
ContinueAdded by Riaz Haq on July 24, 2016 at 11:42pm — 53 Comments
Could Qandeel Baloch, also known as Pakistan's Kim Kardashian, even be imagined in conservative Pakistan just a few years ago? Doesn't the fact that she existed is in itself a sign of a social revolution sweeping Pakistan today?
Tragic honor killing of Pakistani social media phenomenon Qandeel Baloch by her own brother in the city of Multan in highly conservative Seraiki region has received…
ContinueAdded by Riaz Haq on July 18, 2016 at 7:46pm — 19 Comments
My sister and I and our families bid a tearful goodbye to my loving mother Rafiqa Khatoon (1922-2016) yesterday, July 11, 2016. Our extended family and many of our friends joined us for her funeral service at the Islamic Society of East Bay and later burial at Five Pillars Muslim Cemetery.…
Added by Riaz Haq on July 12, 2016 at 8:35pm — No Comments
Prime Minister Nawaz Sharif will survive Opposition's political challenges emanating from the Panama Leaks corruption allegations, according to an analysis by Eurasia Group, an international political risk consultancy that bills itself as "the world's largest political risk consultancy".…
ContinueAdded by Riaz Haq on July 7, 2016 at 9:42pm — 8 Comments
Two multinational giants acquired 2 Pakistani companies in just the last week alone as part of their growth strategy to establish presence in Pakistan.
Dutch dairy giant FrieslandCampina acquired 51 % of Karachi-based Engro Foods Limited, the second largest dairy producer in Pakistan. In the same week, Turkey's Arcelik announced purchase of Dawlance, Pakistan's market-leading home…
ContinueAdded by Riaz Haq on July 4, 2016 at 8:00pm — 19 Comments
Added by Riaz Haq on July 3, 2016 at 7:00am — 38 Comments
Added by Riaz Haq on June 29, 2016 at 10:11am — 2 Comments
Pakistan's finance minister Ishaq Dar has suggested to his countrymen to eat chicken instead of daal (pulses or legumes). Does the minister sound like Queen Marie-Antoinette (wife of France's King Louis XVI) who reportedly said to hungry rioters during the French Revolution: “Qu'ils mangent de la brioche”—“Let them eat cake”? Let's look into it.
It is indeed true that some varieties of daal are priced higher than chicken. For example, maash is selling at Rs. 260 per kilo,…
ContinueAdded by Riaz Haq on June 19, 2016 at 8:17pm — 33 Comments
Yet another tragic mass shooting in America--this time in an Orlando gay night club with the heaviest recorded death toll in a mass shooting in American history. The culprit: Omar Mateen, a young AR-15 high-powered assault-rifle-wielding American-born Muslim reportedly self-radicalized remotely by ISIS via the Internet.
Could the Orlando night club tragedy have been prevented if America had fewer Muslims, as the presumptive Republican presidential nominee …
ContinuePakistan’s National Electric Power Regulatory Authority (NEPRA) has published for public comments its revised feed-in tariffs (FiTs) for solar energy projects of up to 100 MW, according to a report in PV-Tech journal.…
MSCI Pakistan Index will be reclassified to Emerging Markets status, coinciding with the May 2017 Semi-Annual Index Review, according to an MSCI press release on June 14, 2016.
Emerging Market Upgrade:
Pakistan's Karachi Stock Exchange KSE100 Index has rallied 14% in 2016, making it Asia's best performing market so far this year in anticipation of the MSCI…
ContinueAdded by Riaz Haq on June 14, 2016 at 5:00pm — 5 Comments
Added by Riaz Haq on June 14, 2016 at 1:30pm — 3 Comments
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Several Pakistani pharmaceutical companies have started domestic production of generic versions of GLP-1 (Glucagon-Like Peptide-1) drugs Ozempic/Wegovy (Semaglutide) and Mounjaro/Zeptide (Tirzepatide). Priced significantly lower than the branded imports, these domestically manufactured generic drugs will increase Pakistanis' access and affordability to address the obesity crisis in the country, resulting in lower disease burdens and improved life quality and longer life expectancy. Obesity…
ContinuePosted by Riaz Haq on December 19, 2025 at 10:00am
The top 1% of Indians own 40.1% of the nation's wealth, higher than the 37% global average. This makes India one of the world's most unequal countries, according to the World Inequality Report. By contrast, the top 1% own 24% of the country's wealth in Pakistan, and 23.9% in Bangladesh. Tiny groups of wealthy elites (top 1%) are using their money to buy mass media to manipulate public opinion for their own benefit. They are paying politicians for highly favorable laws and policies to further…
ContinuePosted by Riaz Haq on December 15, 2025 at 1:00pm — 6 Comments
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