PakAlumni Worldwide: The Global Social Network

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August 2010 Blog Posts (2)

Expanded Pakistani Middle Class Helping Flood Victims

A pre-requisite for a responsive and accountable democracy is a substantial middle class population.

An Asian Development Bank report on Asia's rising middle class released today confirms that Pakistan's middle class now is 40% of the population, significantly larger than the Indian middle class of about 25% of its population.

The other significant news reported by… Continue

Added by Riaz Haq on August 19, 2010 at 4:58pm — No Comments

Pakistan's Glass is Half Full on its 63rd Independence Day

The devastating floods in Pakistan have dampened the spirits of its people on its 63rd independence day this Aug 14, 2010. All official events marking the day have been canceled as the nation mourns the death of at least 1700 of its citizens and finds itself overwhelmed by the monumental relief and rescue efforts aimed at tens of millions of people across three provinces.

As the scope and scale of… Continue

Added by Riaz Haq on August 14, 2010 at 9:48am — No Comments

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Blog Posts

Is the India Growth Story Over?

In a television speech to the nation, Indian Prime Minister Narendra Modi urged his people to make sacrifices by spending less on fuel, fertilizer, and travel. He also asked them not to buy gold for a year. “To save foreign exchange, we must accept the challenge of patriotism,” he said. It appears that India's problems do not just stem from the effects of the US-Iran war; India's problems started well before that. Flight of foreign capital has put the Indian currency under tremendous…

Continue

Posted by Riaz Haq on May 11, 2026 at 9:00pm — 7 Comments

Pakistan's New Infrastructure Investments and Trade Routes

Pakistan has recently launched 5G wireless service in multiple cities and closed financing on the 306 kilometer 6-lane Sukkur-Hyderabad M6 motorway. In addition, Pakistan is seeing significant increase in the utilization of its Gwadar and Karachi ports after the closure of the Strait of Hormuz due to the US-Iran war. This will help open the trade routes from Pakistan to Central Asia via Iran, bypassing unstable Afghanistan. It has the potential to eventually make Pakistan a major…