April 2008 Blog Posts (11)

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India Racing Ahead in Space

"The mission was perfect," said G Madhavan Nair, chairman of the state-run Indian Space Research Organization (ISRO). Mr. Nair was celebrating the latest successful launch by India of a mission with 10 satellites from the Sriharikota space center off India's east coast.



This latest success by ISRO makes India a serious contender in the fast growing $2.5B commercial satellite launch business expected to grow rapidly over the next several years. The BBC is reporting that the rocket… Continue

Added by Riaz Haq on April 28, 2008 at 8:00am — 6 Comments

Food Price Inflation Hits Silicon Valley

Food Price Hikes Hit Silicon Valley

By Riaz Haq

www.riazhaq.com



The prices of rice, chappati, besan, daals, spices and almost all staples consumed by silicon valley South Asians have experienced triple digit price inflation during the last year. After reading about food price inflation and shortages of staple foods in their home countries, Pakistanis and Indians are now feeling the pinch in Silicon Valley as Basmati rice is in very short supply even with a 300% price jump.… Continue

Added by Riaz Haq on April 26, 2008 at 10:03pm — No Comments

AuthenTec acquires Software Assets of EzValidation

Prior to co-founding Precept (www.preceptglobalaccess.com), I founded and ran a software company named EzValidation (as CEO) for about 5 1/2 years. With my development team in Karachi, Pakistan, we developed state-of-the-art software for the cutting-edge fingerprint security applications. We worked with top-notch companies such as, AuthenTec, Fujitsu, Atrua, Validity Sensors and Computer Associates. Most recently, AuthenTec, a Florida-based publicly traded company on NASDAQ, has acquired all… Continue

Added by Shoieb Yunus on April 20, 2008 at 9:45pm — No Comments

Pakistan's New Era of Unchecked Corruption?

As Mr. Asif Ali Zardari and Mr. Nawaz Sharif together consolidate their power in Pakistan, there are renewed fears that a new era of of unchecked corruption is about to hit Pakistan. Let's hope that these fears are unfounded. Unfortunately, the history tells us otherwise.



In the past, Pakistanis have had to withstand plunder from only one of them at a time. The question now is: Can Pakistan survive a combined assault by both of these "gentlemen" and their cabinet ministers in… Continue

Added by Riaz Haq on April 18, 2008 at 10:30pm — No Comments

Precept Productions' Shoieb Yunus Directs 1st Film, "Streets of Karachi"

Drama Tells the Story of a Pakistani Who, After Success in the United States, Returns Home





SAN FRANCISCO, CA and KARACHI, PAKISTAN--(MARKET WIRE)--Mar 24, 2008 -- Precept Productions, an entertainment and media production firm focused on developing entertainment content for television and film, announced today that Shoieb Yunus, Managing Director, will make his debut as the director of its first feature film, "Streets of Karachi," a contemporary drama illustrating the culture… Continue

Added by Shoieb Yunus on April 17, 2008 at 10:28pm — 1 Comment

Lawyers Movement Gone Awry!

"If they demand that the Afghan refugees be returned to Afghanistan, we demand that they (the Urdu-speaking Karachi-ites) be sent back to India" so says Mr. Latif Afridi, the President of Peshawar Bar Association. This outrage from Peshawar followed the clashes between the lawyers in Karachi which were triggered by the violence of the lawless lawyers of Lahore earlier.



The lawyers movement started well and helped bring about a positive change in Pakistan as a manifestation of the… Continue

Added by Riaz Haq on April 14, 2008 at 6:20pm — No Comments

Indian Sports Flush With Money

Indian Sports Attract Big Money, Stars

By Riaz Haq

http://southasiainvestor.blogspot.com



As India's economy, business and industry experience rapid growth, large amounts of sponsorship dollars are flowing into the various sports including cricket, football and golf. At first, most of the attention was on the big cricket stars such as Sachin Tedulkar grossing million of dollars a year. Then came the Indian Cricket League(ICL) and Indian Premier League(IPL) drawing the… Continue

Added by Riaz Haq on April 13, 2008 at 8:32am — No Comments

Lawless Lawyers of Lahore

The criminal behavior of the lawyers in Lahore has shocked the nation and the world. They not only kidnapped and injured former federal minister Dr. Sher Afghan Niazi but they threw rocks and flattened the tires of the ambulance that was taking him to the hospital for treatment. Mr. Aitezaz Ahsan, the leader of the lawyers movement, has resigned from his position as the president of the Supreme Court Bar Association.



While some may be tempted to call it an isolated incident, the… Continue

Added by Riaz Haq on April 8, 2008 at 10:42am — 2 Comments

Benazir Bhutto's Life on Silver Screen

A Pakistani film company is rushing into the production of a movie based on the life of slain former premier Benazir Bhutto in collaboration with noted Indian filmmaker Mahesh Bhatt, according to a news report in Pakistan Link.



Given the multi-dimensional significance of Benzair Bhutto to Pakistan and the world, it is not surprising that Lollywood and Bollywood together see her as an interesting subject to put on the big screen. What is surprising is the following statement by… Continue

Added by Riaz Haq on April 7, 2008 at 9:32am — 1 Comment

US Poll: 81% Americans Unhappy

Eighty-one percent of Americans believe the US is headed in the wrong direction, says the latest NY Times/CBS poll conducted recently. This is the worst ever reading of dissatisfaction since this particular poll began in the 1990s. Although the public unhappiness has been rising since the early days of the Iraq war, it has taken a new turn for the worse in the last few months, as the economy has seemed to slip into recession. There is now nearly a national consensus that the country faces… Continue

Added by Riaz Haq on April 4, 2008 at 3:32pm — No Comments

A New Deal For Pakistan

The province of Sindh in southern Pakistan is a rural region of dusty mudbrick villages, of white-domed blue-tiled Sufi shrines, and of salty desert scrublands broken, quite suddenly, by floodplains of wonderful fecundity. These thin, fertile belts of green—cotton fields, rice paddies, cane breaks, and miles of checkerboard mango orchards—snake along the banks of the Indus River as it meanders its sluggish, silted, café-au-lait way through the plains of Pakistan down to the shores of the… Continue

Added by Riaz Haq on April 2, 2008 at 7:37am — 2 Comments

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