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Pakistan is moving to higher value-addition in textile sector with branding. Khaadi, Gul Ahmed, J. by Junaid Jamshed, Sapphire, Sana Safinaz and others growing into global brands by expanding into countries with large Pakistani diaspora. Other Pakistani companies that have gained international brand recognition include Shan Masala, Pakola, Tapal Tea and K&N Frozen…
ContinueAdded by Riaz Haq on May 28, 2022 at 10:00am — 2 Comments
Pakistan does not produce tea but it is the most popular beverage among Pakistanis. The country is ranked as its largest importer in the world. In 2020, Pakistan imported $646 million (9% of global tea imports) worth of tea and exported $15.2 million in branded blends of tea such as Tapal Tea. Pakistan tea imports grew 19.8% from 2019 to 2020. …
ContinueAdded by Riaz Haq on May 21, 2022 at 2:00pm — 9 Comments
Pakistanis have invested $10.6 billion in Dubai real estate, ranking them as the third largest investors in the city on the Gulf. Indian investors lead Dubai real estate investments with $29.8 billion, followed by British investors' $14.7 billion investment. …
Added by Riaz Haq on May 20, 2022 at 5:30pm — 2 Comments
Pakistan is the only country in Asia that recognizes citizenship as a birthright. Only one in four nations in the world grant citizenship to all those born within their borders, according to a review of the nationality laws reviewed by EUI Global Citizenship Observatory. Instead of birthright citizenship, the majority of countries today have citizenship by blood, in which children inherit…
ContinueAdded by Riaz Haq on May 16, 2022 at 8:30am — No Comments
Two Pakistani girl students from Karachi have won the first physical science award of $1,500 each at Regeneron International Science and Engineering Fair (ISEF 2022) held May 7 through 13 in Atlanta, Georgia, United States. Ume Kulsoom and Talia Kusloom, the winners from Pakistan, are 12th grade students at Pak-Turk School in Gulshan-e-Iqbal, Karachi. …
Added by Riaz Haq on May 15, 2022 at 9:00am — 3 Comments
The World Health Organization estimates that India had 4.730 million COVID19-related deaths in 2020-21, nearly a third of 15 million global excess deaths attributed to the pandemic. India is followed by Russia with 1.073 million deaths and Indonesia with 1.03 million deaths. The United States with 933,795 deaths and Brazil with 681,219 deaths round out the top 5 countries that suffered the heaviest losses of life believed to be related to the pandemic. Mexico (625,923 deaths), Peru (289,654…
ContinueAdded by Riaz Haq on May 11, 2022 at 5:00pm — 9 Comments
Pakistan's Ten Billion Tree Tsunami project launched in 2014 by the PTI government has sparked a silent olive revolution in the country. Pakistan, now the 19th member of the International Olive Council, is producing about 1,500 tons of olive oil per year and 830 tons of…
ContinueAdded by Riaz Haq on May 7, 2022 at 11:00am — 28 Comments
Pakistan's chief central banker Dr. Reza Baqir's 3-year term saw a broad expansion and modernization of the nation's financial services industry. The impact of Baqir's policies can be seen in multiple sectors including agriculture, housing, manufacturing, exports, financial digitization and record-high investments in technology startups. Supported by Dr. Baqir's accommodative monetary…
ContinueAdded by Riaz Haq on May 5, 2022 at 8:30am — 8 Comments
Remittances from the European Union (EU) to Pakistan soared 49.7% in FY 21 and 28.3% in FY22, according to the State Bank of Pakistan. With $2.5 billion remittances in the first 9 months (July-March) of the current fiscal year, the EU ($2.5 billion) has now surpassed North America ($2.2 billion) to become the third largest source of inflows to Pakistan after the Middle East and the United Kingdom. Remittances from the US have grown 21%, second fastest after the EU (28.3%) in the first 9 …
ContinueAdded by Riaz Haq on May 1, 2022 at 11:30am — 16 Comments
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Hackers linked to Russian intelligence have stolen Indian military data from cyber spies believed to be working on behalf of the Pakistani state, according to an assessment by Microsoft researchers. All those involved are part of what are known as "advanced persistent threat" (APT) organizations in their respective countries. TechTarget defines "Advanced Persistent Threat (APT)…
ContinuePosted by Riaz Haq on December 8, 2024 at 8:00am
The recently concluded IDEAS 2024, Pakistan's Biennial International Arms Expo in Karachi, featured the latest products offered by Pakistan's defense industry. These new products reflect new capabilities required by the Pakistani military for modern war-fighting to deter external enemies. The event hosted 550 exhibitors, including 340 international defense companies, as well as 350 civilian and military officials from 55 countries.
Pakistani defense manufacturers…
ContinuePosted by Riaz Haq on December 1, 2024 at 5:30pm — 3 Comments
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