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Vehicles in Pakistan: Over Half of All Households Own Motorcycles in 2019

Private vehicle ownership in Pakistan has risen sharply over the last 4 years. More than 9% of households now own cars, up from 6% in 2015. Motorcycle ownership has jumped from 41% of households in 2015 to 53% now, according to data released by Federal Bureau of Statistics (FBS) recently. There are …

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Added by Riaz Haq on June 17, 2019 at 10:57am — 1 Comment

Trump's China Tariffs Helping Pakistani Garments Exports to America

Pakistan's garments exports to the United States have jumped 12% in first quarter of 2019 from the same period a year ago, according to USITC Dataweb.  This double digit exports growth is being partly attributed to US President Donald's Trump ongoing trade war with China with the US government imposing 10% to 25% tariffs on certain Chinese goods. Pakistani rupee devaluation has also…

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Added by Riaz Haq on June 13, 2019 at 4:59pm — 3 Comments

Common Formulas for Finance

Finance is the allocation of assets and liabilities (cash) keeping in mind the time and risks. Calculating finance is not an easy task but it can be made easier if we have the required data and exact Finance Formulas as well tools. Finance cannot be enclosed in four to five formulas but some of important commonly used formulas are:



Future Value Formula:

Future value is the expected value that is estimated keeping in mind the current present value. Future value formula is used to… Continue

Added by Zaheer Swati on June 13, 2019 at 2:55am — 1 Comment

Improved Security and New Infrastructure Boost Pakistan Tourism Industry

Large numbers of Pakistanis headed north for respite from summer heat during Eid ul Fitr holidays last week. Tens of thousands went to Swat using the newly built Swat Expressway while others chose even cooler temperatures in the heights of the Karakoram mountain via the improved Karakoram Highway. Some of the preferred tourist destinations included Hunza,…

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Added by Riaz Haq on June 10, 2019 at 10:05pm — 6 Comments

Is Pakistan's Social Sector Making Progress?

If you read Pakistan media headlines and donation-seeking NGOs and activists' reports these days, you'd conclude that the social sector situation is entirely hopeless. However, if you look at children's education and health trend lines based on data from credible international sources, you would feel a sense of optimism. This exercise gives new meaning to what former US President Bill Clinton has said: Follow the trend lines, not the headlines. Unlike the alarming headlines, the trend lines…

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Added by Riaz Haq on June 4, 2019 at 7:30pm — 3 Comments

Drip Irrigation: Can Pakistan Make its Deserts Bloom?

Large tracts of desert in Cholistan, Kharan and Thar land lay barren in Pakistan today. Can some parts of these deserts be made to bloom given the worsening water crisis in the country with per capita water availability approaching…

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Added by Riaz Haq on June 1, 2019 at 9:00pm — 1 Comment

Pakistan's Latest Health Emergency: HIV/AIDS Outbreak in Sind

Pakistan is dealing with a new health emergency with the HIV/AIDS outbreak. Nearly 700 people, most of them children, have so far tested HIV positive in Ratodero, Sindh, according to Pakistan's health officials. Authorities allege that this HIV outbreak started when local doctor Muzaffar Ghangharo, who has AIDS, infected patients in early April.…

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Added by Riaz Haq on May 28, 2019 at 10:19am — No Comments

The History of South Asians in America

It was in early 1980s when I was driving through Yuba City with a couple of friends. It was lunch time and we were looking for a halal restaurant when we spotted Rasul's. At the restaurant we met a man who introduced himself as Mohammad Ali Rasul. He spoke in Mexican accented English but he told us his father came from the Punjab region now in Pakistan and his mother was of Mexican ancestry.  There were 400 such marriages between Punjabi men and Mexican women by 1940, according to Professor…

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Added by Riaz Haq on May 27, 2019 at 7:30pm — No Comments

Pakistani Family From Karachi Wins AI Championship in Silicon Valley

The Mayet Family from Karachi, Pakistan has won AI Family Challenge World Championship held in Silicon Valley, California on May 20, 2019.  The family's entry called "Cavity Crusher" uses artificial intelligence algorithm to monitor a child's brush time and determine their oral health habits to notify…

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Added by Riaz Haq on May 20, 2019 at 5:00pm — No Comments

Growing China-Pakistan Collaboration in Science and Technology

With 6,000 Pakistanis working on their PhDs in China, the two countries are enjoying rapid growth in scientific and technological collaboration, according to Journal Nature. Pakistan's scientific output is now growing at the fastest rate in the world. With nearly 3,000 papers jointly…

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Added by Riaz Haq on May 17, 2019 at 10:15pm — 5 Comments

Pakistan Ranks Among World's Top 3 Nations For New Hydroelectric Capacity Added in 2018

Pakistan ranked third in the world by adding nearly 2,500 MW of hydropower in 2018, according to Hydropower Status Report 2019.  China added the most capacity with the installation of 8,540 megawatts, followed by Brazil (3,866 MW), Pakistan (2,487 MW), Turkey (1,085 MW), Angola (668 MW), Tajikistan (605 MW), Ecuador (556 MW), India (535 MW), Norway (419 MW) and Canada (401 MW).…

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Added by Riaz Haq on May 13, 2019 at 8:06pm — 6 Comments

PTI's New Economic Team Line-Up in Pakistan

Who are the members of Pakistan's top new economic leadership team? Who's Reza Baqir? Who's Shabbar Zaidi? Why were the changes necessary? Were the latest changes made to remove previous PMLN government's loyalists considered to be responsible for the current economic crisis? Did their policies and actions contribute to large twin deficits? Did the International Monetary Fund (IMF) force these changes…

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Added by Riaz Haq on May 8, 2019 at 11:30pm — 10 Comments

Pakistan ISPR On Pashtun Tahaffuz Movement (PTM)

Who is Manzoor Pashteen? What is Pashtun Tahaffuz Movement (PTM)?  What is Pashtun Nationalism?  Why did Pakistan ISPR spokesman Gen Asif Ghafoor warn them in a recent press conference? What are PTM demands? Did the Pakistani military action in FATA help or hurt the vast majority of FATA residents? Who…

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Added by Riaz Haq on May 8, 2019 at 8:58am — 3 Comments

Pew Research: Fewer Pray in Islamic Republic of Pakistan Than in India, Iran

Pew Religious Landscape Study has revealed that 67% of the people in the Islamic Republic of Pakistan pray daily. This figure of 67% in Pakistan is lower than neighboring India's 75%, Iran's 87% and Afghanistan's 97%. Other Muslim majority …

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Added by Riaz Haq on May 3, 2019 at 8:30am — No Comments

Matric Result for this Year 2019

All the boards of Punjab are judicious for engaging in the checks in an open and crystal-clean environment so that every human can get the whole outcomes of his hardworking. These Boards additionally consolidate the exams of Certificate packages. All those boards are performing their obligations in a nicely-mannered way. The extremum principal responsibilities of Punjab forums allow the association of educational institutes, enrollment of candidates to regarded in 9th and ordinal brilliance…

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Added by Asad Ali on May 2, 2019 at 12:00am — No Comments

Massive Oil Discovery in Pakistan: Hype vs Reality

Prime Minister Imran Khan has recently raised Pakistanis' hopes of ExxonMobil and ENI being on the verge of a massive discovery of offshore oil and gas reserves in Pakistan. Is this real? Or mostly hype? What is the size of these reserves? Will it be more than sufficient to meet Pakistan's current needs of over 200 million barrels of oil per year? Will Pakistan become a net…

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Added by Riaz Haq on May 1, 2019 at 11:00pm — 5 Comments

Easter Bombings in Sri Lanka; Belt Road Forum 2019 in Beijing

Who carried out the Easter Sunday terrorist attacks at churches and hotels in Sri Lanka? Why? Is it a domestic group with outside help? What is India's role in it? Why did the attackers use India as their training base? Did ISIS inspire the attackers? With Muslims facing revenge…

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Added by Riaz Haq on May 1, 2019 at 9:31am — 3 Comments

Blowout Concerns Delay Confirmation of Pakistan Offshore Oil Discovery

Blowout concerns have stopped offshore drilling in Pakistan yet again. It was underway to confirm discovery of oil and gas in at Kekra-1 well in G-bloc with pre-drill estimate of over 1.5 billion barrels of oil. It was scheduled to restart on April 20, 2019 after pause of 12 days, according to Pakistani media reports. Now it is delayed until the…

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Added by Riaz Haq on April 27, 2019 at 6:00pm — 2 Comments

State of Pakistan's Relations With Iran and India

What does Pakistan Prime Minister Imran Khan hope to accomplish during his Iran visit? What are the key issues bedeviling Iran-Pakistan relations? Cross-border terrorism alleged by both? Pakistan's relations with the Gulf Arabs? CPEC? Afghanistan? Gwadar? Chabahar? Indian RAW's use of…

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Added by Riaz Haq on April 23, 2019 at 2:05pm — 20 Comments

Asad Umar's Exit: Causes and Effects on Pakistan Economy

Who removed Pakistan Finance Minister Asad Umar and why? What was expected of him? Did he fail to deliver it? What are the qualifications of Dr. Hafeez Shaikh who has been picked to replace Asad Umar? Is he better suited to deliver a deal with IMF and other international financial institutions?…

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Added by Riaz Haq on April 22, 2019 at 8:00pm — 1 Comment

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    Blog Posts

    Vehicles in Pakistan: Over Half of All Households Own Motorcycles in 2019

    Private vehicle ownership in Pakistan has risen sharply over the last 4 years. More than 9% of households now own cars, up from 6% in 2015. Motorcycle ownership has jumped from 41% of households in 2015 to 53% now, according to data released by Federal Bureau of Statistics (FBS) recently. There are …

    Continue

    Posted by Riaz Haq on June 17, 2019 at 10:57am — 1 Comment

    Trump's China Tariffs Helping Pakistani Garments Exports to America

    Pakistan's garments exports to the United States have jumped 12% in first quarter of 2019 from the same period a year ago, according to USITC Dataweb.  This double digit exports growth is being partly attributed to US President Donald's Trump ongoing trade war with China with the US government imposing 10% to 25% tariffs on certain Chinese goods. Pakistani rupee devaluation has also…

    Continue

    Posted by Riaz Haq on June 13, 2019 at 4:59pm — 3 Comments

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