October 2014 Blog Posts (7)

Multi-dimensional Poverty Index: India 2nd Worst After Afghanistan in South Asia

"India is home to over 340 million destitute people and is the second poorest country in South Asia after war-torn Afghanistan...In South Asia, Afghanistan has the highest level of destitution at 38%. This is followed by India at 28.5%. Bangladesh (17.2%) and Pakistan (20.7%) have much lower levels"  Colin Hunter, Center for Research on…
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Added by Riaz Haq on October 29, 2014 at 8:14pm — 11 Comments

Karachi Shares Index Outpacing Developed, Emerging and Frontier Market Indices

Pakistan lost its place in MSCI  Emerging Markets Index in December 2008. It was included in MSCI Frontiers Market Index in May 2009.  Some analysts believe that Pakistan could re-gain the Emerging Market classification (which includes BRIC countries) in a couple of years.

Since the beginning…

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Added by Riaz Haq on October 29, 2014 at 7:33am — 7 Comments

Can Pakistan Stand Up to India in Conventional War?

Newly-elected Prime Minister Narendra Modi government's rhetoric about "jaw-breaking" (munh tod) policy toward Pakistan is the latest manifestation of a disease described by Indian diplomat Sashi Tharoor as "India's Israel…

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Added by Riaz Haq on October 19, 2014 at 12:00pm — 122 Comments

Pakistan: Land of Opportunity for Social Entrepreneurs

"All members of the Commission (on Social Entrepreneurship and Innovation) were agreed, Pakistan is a land of opportunity" i-genius Opportunity Pakistan Report April, 2014

i-genius, headquartered in London, calls itself a "World Community of Social Entrepreneurs". It promotes social entrepreneurship to a…

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Added by Riaz Haq on October 16, 2014 at 4:55pm — 1 Comment

Pakistan's First Bitcoin Exchange



"We plan to create a platform (Urdubit Bitcoin Exchange) where people feel safe with the world of Bitcoin and hopefully substitute it for trading locally as easily as Pakistani rupees, while giving everyone an opportunity to invest in this commodity." Zain Tariq, Urdubit, Pakistan




Zain Tariq and Danyal Manzar have launched Pakistan's first Bitcoin exchange called Urbudit, according to… Continue

Added by Riaz Haq on October 14, 2014 at 9:11pm — 8 Comments

NED University Alumni Meet in Silicon Valley; Talk Innovation

Hundreds of my fellow alumni of Pakistan's NED University of Engineering and Technology (NEDUET) gathered in Silicon Valley for tenth annual North America convention for three days starting Friday, October 10 through Sunday, October 12, 2014. They traveled from dozens of US states and Canada. Many, including… Continue

Added by Riaz Haq on October 13, 2014 at 3:30pm — 2 Comments

India-Pakistan Economies Compared in 2014

India and Pakistan are running neck and neck in per capita GDP in both nominal US dollar terms and purchasing power parity terms, according to data available from multiple sources.

Nominal and PPP GDP:

CIA…

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Added by Riaz Haq on October 3, 2014 at 9:00pm — 9 Comments

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    Blog Posts

    PIA Privatization: Can it Bring Back Pakistan National Airline's Glory Days?

    After decades of failed attempts, the Government of Pakistan has finally privatized the Pakistan International Airline (PIA) under intense pressure from the International Monetary Fund (IMF). Nonetheless, it is a deal that will give the national airline not only a chance to survive but to thrive in the long run. As part of structuring the sale for Rs. 135 billion, the government has assumed Rs. 654…

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    Posted by Riaz Haq on December 25, 2025 at 10:30am — 5 Comments

    Pakistan Pharma Begins Domestic Production of GLP-1 Weight Loss Drugs

    Several Pakistani pharmaceutical companies have started domestic production of generic versions of GLP-1 (Glucagon-Like Peptide-1) drugs Ozempic/Wegovy (Semaglutide) and Mounjaro/Zeptide (Tirzepatide). Priced significantly lower than the branded imports, these domestically manufactured generic drugs will increase Pakistanis' access and affordability to address the obesity crisis in the country, resulting in lower disease burdens and improved life quality and longer life expectancy. Obesity…

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    Posted by Riaz Haq on December 19, 2025 at 10:00am — 4 Comments

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