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April 2017 Blog Posts (10)

OPEN Silicon Valley Forum 2017: Pakistani Entrepreneurs Conference

Open Forum 2017, the annual conference of Pakistani entrepreneurs in Silicon Valley, drew over 1,000 attendees, about half of them women. It featured presentations by successful entrepreneurs including Ahmad Khaishgi of SquareTrade and Mudassir Sheikha of Careem as well as sessions by powerful venture capitalists like Aaref Hilaly of Sequoia Capital. It is organized by the Organization of…

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Added by Riaz Haq on April 30, 2017 at 9:00pm — No Comments

Pakistani Diaspora Bucks Global Trend With 2.8% Higher Remittances in 2016

Pakistani diaspora bucked the 2016 global decline in remittances with a modest 2.8% increase over 2015, according to a recently released World Bank report. An estimated $19.8 billion remitted to Pakistan amounted to 6.9% of the country's GDP. This is a welcome relief coming on the heels of the State Bank of…

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Added by Riaz Haq on April 24, 2017 at 8:48pm — 6 Comments

Panama Verdict; US-India H1B Dispute; Trump NSA in South Asia

What are the implications of the split Pakistan Supreme Court verdict recently announced in Panama Case filed against Prime Minister Nawaz Sharif by PTI Chief Imran Khan, JI Chief Siraj ul Haq and AML chief Shaikh Rasheed? Why did 3 out of 5 judges not vote to disqualify Mr. Sharif from holding office under Articles 62 and 63 of the Pakistan constitution? Has the Prime Minister not committed perjury, a felony in… Continue

Added by Riaz Haq on April 23, 2017 at 7:04am — 1 Comment

Bollywood Revenue in Sharp Decline: Down 12% in 2016

Bollywood movie revenue suffered 12% drop in 2016 to $338 million, the sharpest decline ever, according to Reuters news agency. Meanwhile, the global movie revenue rose just 1% to a record $38.6 billion last year, according to a report by Motion Pictures Association of America.…

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Added by Riaz Haq on April 19, 2017 at 8:43pm — 4 Comments

Mardan Lynching; Jadhav Death Sentence; Trump's Early Crises

Why was Mashaal Khan, an Abdul Wali Khan University student, killed by a mob of his fellow students in Mardan? What does this lynching incident say about Pakistani state and society? Is it a failure of the state? Or is it a symptom of a larger societal problem in the country? Do extreme right-wing politicians, media, judges and bureaucrats share responsibility for this ongoing madness of vigilante justice…

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Added by Riaz Haq on April 16, 2017 at 5:30pm — 2 Comments

Pakistani-American's Tech Unicorn Files For IPO at $1.6 Billion Valuation

Washington D.C. based AI technology firm Afiniti, founded by serial Pakistani-American entrepreneur Zia Chishti, has filed for initial public offering (IPO) at $1.6 billion valuation, according to VentureBeat.

Zia Chishti founded his first company Align Technology in 1997 in …

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Added by Riaz Haq on April 15, 2017 at 10:01pm — 3 Comments

Yet Another Honor For Malala

Malala Yousufzai, the Pakistani schoolgirl who was shot by the Taliban in 2012 and survived to tell her story, has become a household name in the West. She and her family have found a new home in Birmingham, England.

She has been honored with some of the highest international awards including the Nobel Peace Prize in 2014. Last week, Malala was named the youngest ever UN Messenger of Peace, with a special focus on girls'…

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Added by Riaz Haq on April 12, 2017 at 8:21pm — 5 Comments

Pakistani Stock Market Still Offers Great Value After Stellar Performance in 2016

Pakistan's KSE-100 continues to offer attractive valuations for investors in 2017.  Its equities are trading at a forward price-earnings ratio of just 9.1, according to Pakistani brokerage firm Arif Habib Limited.

Pakistani shares are on offer at a deep discount to the Indian shares trading at 17.3 price-earnings multiple. While India's stock market is among the world's most expensive, the Pakistani…

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Added by Riaz Haq on April 10, 2017 at 6:07pm — 9 Comments

US Missile Strikes in Syria; US Mediation in India-Pakistan Dispute; Bannon’s Future

Did Syrian President Bashar Al-Assad really use chemical weapons against his own people? Are US Missile Strikes on Syrian Shayrat airbase justified? Why did Russian President Vladimir Putin stand by and watch his Syrian ally punished by US missile strikes? What is President Trump’s strategy in Syria beyond these limited strikes? How will the Trump Administration deal with ISIS in Syria? How will Russia and… Continue

Added by Riaz Haq on April 8, 2017 at 7:02pm — 4 Comments

Pakistani Students Team Wins First Place in Stanford Design Contest

A 3-person team of Pakistani students, including a female student from Islamabad's National University of Science and Technology (NUST), won first place in a contest organized by Stanford Center of Longevity. The team's entry is a device they designed and prototyped that enables tremor patients to perform daily routine tasks.

The Purpose: 

The purpose of the contest is to encourage innovation to help improve the quality of life of aging populations in the…

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Added by Riaz Haq on April 2, 2017 at 8:53pm — 5 Comments

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    Blog Posts

    Pakistan's Insatiable Appetite For Energy

    Pakistan's consumption of oil and gas has rapidly grown over the last 5 years, an indication of the nation's accelerating economic growth. Pakistan is among the fastest growing LNG markets, according to …

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    Posted by Riaz Haq on November 15, 2018 at 2:00pm — 3 Comments

    Pakistan's Scientific Output Doubles in 5 Years

    Pakistan's quality-adjusted scientific output (Weighted Functional Count) as reported in Nature Index has doubled from 18.03 in 2013 to 37.28 in 2017. Pakistan's global ranking has improved from 53 in 2013 to 40 in 2017. In the same period, India's WFC has increased from 850.97 in 2013 to 935.44 in 2017. India's global ranking has improved from 13 in…

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    Posted by Riaz Haq on November 12, 2018 at 3:30pm — 2 Comments

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