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Riaz Haq's Blog – November 2007 Archive (1)
Corruption in Pakistan: Is Siemens Guilty?
As I saw the reports this week out of Munich about Siemens pleading guilty to bribing politicians and officials in Nigeria, Russia and Libya, it reminded me that Siemens is a large player in Pakistan. Has any one looked into Siemens engaging in similar corrupt practices in Pakistan?
And, how about the behavior of other American and European companies operating in Pakistan? There are definitely laws on the books in the West such as the Foreign Corrupt Practices Act (FCPA) in the…
ContinueAdded by Riaz Haq on November 19, 2007 at 12:28pm — 6 Comments
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Blog Posts
Pakistan Joins China in World AI Cooperation Organization (WAICO)
On July 16 in Shanghai, 29 countries, including China, Pakistan and Russia, signed the founding agreement of WAICO, World AI Cooperation Organization. Every BRICS founding member is in, except India. This agreement follows the launch of the US-led Pax Silica, a 24-member coalition, including India, which is designed to counter China's AI efforts. The stated goal of both these competing groups is to provide global governance, including building guardrails and setting…
ContinuePosted by Riaz Haq on July 20, 2026 at 6:26pm — 11 Comments
Is Rapid Electrification Stimulating Pakistan's Economy?
Pakistan's electricity demand has soared 21% in just two years. Rapid electrification is positively impacting all sectors of Pakistan's economy. thanks to growing deployment of distributed solar, estimated at 38 GW as of June, 2025. In 2025, 44% of solar deployment was residential, followed by industry (26%), agriculture (21%) and commercial users (9%). It is stimulating demand for a variety of products ranging from air conditioners and refrigerators to washing machines and…
ContinuePosted by Riaz Haq on July 13, 2026 at 5:09pm — 2 Comments
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