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April 2012 Blog Posts (7)

Pak Virtual Education Institution Wins Top Award

Pakistan's Virtual University (VU) has won the Outstanding New Site Award 2012 for an Open CourseWare website which was created last year, according to media reports.



The Awards for OpenCourseWare Excellence…

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Added by Riaz Haq on April 30, 2012 at 11:00pm — 17 Comments

Expensive Fuel Hits Power Sector in India & Pakistan

Lack of affordable fuel has forced many power producers in Pakistan to operate at a fraction of their installed capacity since 2008. It has led to widespread load-shedding in the country, seriously hurting its economy. Similar situation now appears to be developing in India as well, although it's not quite as serious as Pakistan's current crisis yet. Current costs of various fuel options vary from $4 per mmBTU for coal to $20 per mmBTU for oil. Recently, the US prices of natural gas have…

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Added by Riaz Haq on April 21, 2012 at 10:00am — 17 Comments

Pakistan Should Seek US & Saudi Help to Develop Domestic Shale Gas Reserves

There are strong rumors that Kingdom of Saudi Arabia has joined the United States to oppose Iran-Pakistan gas pipeline project for which Pakistan is trying to arrange financing in the face of tightening US sanction on Iran.

The Chinese have already pulled out of the project after the US imposed sanctions on banks and other entities dealing with projects and transactions involving Iran. Russia's Gazprom is reportedly interested in financing and constructing the Pakistan section of the…

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Added by Riaz Haq on April 17, 2012 at 5:00pm — 10 Comments

Shale Gas Revolution For Abundant & Cheap Energy in Pakistan

US natural gas prices have fallen below $2 per million BTU (approx 1000 cubic feet), about one-sixth of the price Pakistan has agreed to pay for Iranian gas. With over 50 trillion cubic feet of known shale gas reserves in Sindh alone, Pakistanis can also enjoy the benefits of cheap and abundant source of energy for decades via…

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Added by Riaz Haq on April 12, 2012 at 6:30pm — 4 Comments

Pakistan's Informal Sector Drives Consumer-Led Economic Boom

Car sales increased 14 percent in February from a year earlier. Cement sales are rising with growing housing demand for increasing population. Lucky Cement, Pakistan’s biggest publicly traded construction materials company, is expected to post record earnings this year. Rising farm prices of bumper crops are pumping hundreds of billions of rupees each year into Pakistan's rural economy.

Contrary to…

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Added by Riaz Haq on April 7, 2012 at 7:30am — 17 Comments

Pakistan Can Overcome Energy Crisis with US Help on Shale Gas Development

Pakistan has over 50 trillion cubic feet of shale gas reserves, according to the US Energy Information Administration (EIA) estimates. It's enough to energize Pakistani homes, businesses, power plants, CNG vehicles, fertilizer plants and factories for 25 years at a rate of 2 trillion cubic feet of consumption per year at…

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Added by Riaz Haq on April 4, 2012 at 6:00pm — 2 Comments

Pakistan Revolution

Pakistan Revolution

 

People call us a failed state. People are giving our country no more than 5years to survive. Our economy is in shambles. We are trillions of Ruppees under debt and continue to go deeper in it. Our policies are being dictated by outsiders since we are always begging.



We are facing hyper inflation with prices increasing many folds. Hyper inflation, unemployment or under-employment is rendering people unable to afford the basic necessities.…

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Added by Umair Butt on April 3, 2012 at 8:34am — No Comments

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    Blog Posts

    India's Retired Justice Katju at Interfaith Event in Silicon Valley

    Justice Markandey Katju, retired judge of Supreme Court of India, talked of "dark clouds over India" in a speech to about 200 people of all faiths at an interfaith event in Silicon Valley.  He said "Muslims making up only 15% of the population are on the receiving end" but the rest of India is also paying the price. India's economy is in serious trouble. There is rampant poverty…

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    Posted by Riaz Haq on December 10, 2019 at 12:00pm

    AdAsia 2019: Asia's Biggest Advertising Industry Conference in Lahore, Pakistan

    On December 2, 3, 4 and 5, 2019,  Pakistan played host to AdAsia 2019 after a gap of 30 years. It is the largest and most prestigious advertising industry conference in Asia – organized bi-annually by the Asian Federation of Advertising Associations (AFAA). It drew attendees from all over the world to Lahore, Pakistan.  This conference has taken place at a time when Pakistan's 88 billion rupee media industry is in the midst of a major shakeout after a long period of rapid double-digit growth…

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    Posted by Riaz Haq on December 8, 2019 at 4:03pm

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