PakAlumni Worldwide: The Global Social Network

The Global Social Network

November 2007 Blog Posts (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…

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Added by Riaz Haq on November 19, 2007 at 12:28pm — 6 Comments

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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 …

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    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…

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

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