The Global Social Network
Pakistan's central bankers have taken the plunge into the world of digital payments with their own offering: Raast. It aims to create an instant low-cost payment system that can seamlessly and securely connect government entities, a variety of banks, including microfinance banks (MFBs), electronic money institutions (EMIs) and State Bank authorized payment service providers (PSPs) like 1Link and NIFT which may choose to take advantage of it. Currency and coins in circulation account for…
ContinueAdded by Riaz Haq on January 23, 2021 at 1:30pm — 59 Comments
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Pakistani auto industry, currently dominated by Japanese automakers building ICE (Internal Combustion Engine) vehicles, is expected to be transformed with the arrival of Chinese new energy vehicles (NEV) manufacturers. Beyond Your Dreams (BYD), Chang'an, Great Wall Motors (GWM) and Shanghai Automotive Industry Corporation (SAIC) are planning to build plants in Pakistan. Coming on the heels of the ongoing solar revolution in the country, these new EV entrants are helping…
ContinuePosted by Riaz Haq on September 15, 2026 at 8:00pm
"When you claim that your civilization is superior, is older, is the mother of democracy, is the mother of science....you antagonize others". Christophe Jaffrelot, French Political Scientist, speaking to Indian journalist Karan Thapar after expressions of outrage against BAPS Hindu leader’s recent visit to Eiffel Tower.
In an article published by Carnegie Endowment, Jaffrelot explained that "the majoritarian…
ContinuePosted by Riaz Haq on September 12, 2026 at 11:30am — 1 Comment
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