All Blog Posts (1,920)

Silicon Valley's Fast Changing Demographics

The U.S. Census Bureau  has recently reported that the United States has reached a historic tipping point -- with Latino,

Asian, mixed race and African American births constituting a majority of

births for the first time. Minorities made up about 2 million, or 50.4%, of the births in the

12-month period ending July 2011. The

latest figure was up from 49.5% reported in the 2010 census.…



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Added by Riaz Haq on May 24, 2012 at 10:30pm — 2 Comments

Australia Beckons Growing Numbers of Pakistani Students

While the overall foreign student population in Australia has declined this year, the number of Pakistanis studying in Australia is continuing double-digit growth, according to recent Australian government data on international education. Pakistan has now become the top growth market for Australia's…

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Added by Riaz Haq on May 16, 2012 at 5:00pm — 12 Comments

Sense of Well-being Declines in Pakistan But Still Higher Than Neighbors

Gallup 2012 Wellbeing survey reports that 20% of Pakistanis say they are "thriving", down from 32% last year. However, the report shows that more of them are still better off than their neighbors in Bangladesh (16% thriving) and India (11% thriving). The number of those "thriving" increased in Bangladesh by 3% and declined in India by 6%.



 The…

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Added by Riaz Haq on May 10, 2012 at 9:00am — 4 Comments

Multi-Year Bull Market Forecast For Pakistan

Elliot Wave theorist Mark Galasiewski is forecasting continuation of multi-year bull market in Pakistan. This forecasts marks an unusual agreement of  a technical analyst with fundamental research done by  Jim O'Neill of Goldman Sachs who recently  reiterated Pakistan's place on its growth map. …



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Added by Riaz Haq on May 2, 2012 at 10:02pm — 10 Comments

Pak Virtual Education Institution Wins Top Award

Pakistan's Virtual University (VU) has won the Outstanding New Site Award 2012 for an Open CourseWare website which was created last year, according to media reports.



The Awards for OpenCourseWare Excellence…

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Added by Riaz Haq on April 30, 2012 at 11:00pm — 18 Comments

Expensive Fuel Hits Power Sector in India & Pakistan

Lack of affordable fuel has forced many power producers in Pakistan to operate at a fraction of their installed capacity since 2008. It has led to widespread load-shedding in the country, seriously hurting its economy. Similar situation now appears to be developing in India as well, although it's not quite as serious as Pakistan's current crisis yet. Current costs of various fuel options vary from $4 per mmBTU for coal to $20 per mmBTU for oil. Recently, the US prices of natural gas have…

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Added by Riaz Haq on April 21, 2012 at 10:00am — 17 Comments

Pakistan Should Seek US & Saudi Help to Develop Domestic Shale Gas Reserves

There are strong rumors that Kingdom of Saudi Arabia has joined the United States to oppose Iran-Pakistan gas pipeline project for which Pakistan is trying to arrange financing in the face of tightening US sanction on Iran.

The Chinese have already pulled out of the project after the US imposed sanctions on banks and other entities dealing with projects and transactions involving Iran. Russia's Gazprom is reportedly interested in financing and constructing the Pakistan section of the…

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Added by Riaz Haq on April 17, 2012 at 5:00pm — 10 Comments

Shale Gas Revolution For Abundant & Cheap Energy in Pakistan

US natural gas prices have fallen below $2 per million BTU (approx 1000 cubic feet), about one-sixth of the price Pakistan has agreed to pay for Iranian gas. With over 50 trillion cubic feet of known shale gas reserves in Sindh alone, Pakistanis can also enjoy the benefits of cheap and abundant source of energy for decades via…

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Added by Riaz Haq on April 12, 2012 at 6:30pm — 4 Comments

Pakistan's Informal Sector Drives Consumer-Led Economic Boom

Car sales increased 14 percent in February from a year earlier. Cement sales are rising with growing housing demand for increasing population. Lucky Cement, Pakistan’s biggest publicly traded construction materials company, is expected to post record earnings this year. Rising farm prices of bumper crops are pumping hundreds of billions of rupees each year into Pakistan's rural economy.

Contrary to…

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Added by Riaz Haq on April 7, 2012 at 7:30am — 21 Comments

Pakistan Can Overcome Energy Crisis with US Help on Shale Gas Development

Pakistan has over 50 trillion cubic feet of shale gas reserves, according to the US Energy Information Administration (EIA) estimates. It's enough to energize Pakistani homes, businesses, power plants, CNG vehicles, fertilizer plants and factories for 25 years at a rate of 2 trillion cubic feet of consumption per year at…

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Added by Riaz Haq on April 4, 2012 at 6:00pm — 2 Comments

Pakistan Revolution

Pakistan Revolution

 

People call us a failed state. People are giving our country no more than 5years to survive. Our economy is in shambles. We are trillions of Ruppees under debt and continue to go deeper in it. Our policies are being dictated by outsiders since we are always begging.



We are facing hyper inflation with prices increasing many folds. Hyper inflation, unemployment or under-employment is rendering people unable to afford the basic necessities.…

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Added by Umair Butt on April 3, 2012 at 8:34am — No Comments

Goldman Sachs' Jim O'Neill Bullish on Pakistan

In his recently published book "The Growth Map", Goldman Sachs' Jim O'Neill of BRIC fame has reiterated Pakistan's long term growth prospects as part of the Next 11 (N-11) group of nations which includes Bangladesh, Egypt, Indonesia, Iran, Mexico, Nigeria, Pakistan, Philippines, Turkey, South Korea, and Vietnam.…

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Added by Riaz Haq on March 22, 2012 at 10:00pm — 12 Comments

Pakistan: A Unique Lab For Mobile Banking Innovation

Spurred by a favorable regulatory and technology environment, Pakistan is witnessing dramatic growth in branchless banking, according to a March 14, 2012 report by the State Bank of Pakistan.

Here are some of the key indicators contained in the State Bank report:

1. Number of branchless banking accounts jumped 40 percent to 929,184 in October-December 2011 (Second quarter of FY2011-12) from the preceding…

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Added by Riaz Haq on March 16, 2012 at 9:13pm — 13 Comments

Khan Academy Urdu Version for Pakistan

The revolutionary Khan Academy is a brainchild of Bangladeshi-American Salman Khan. It is growing in popularity among Pakistanis wishing to take advantage of "Free World Class Education" offered online via short 10-15 minute videos. The subjects range from math, physics, chemistry and biology to astronomy, history, economics, finance, engineering and medicine. Khan counts Microsoft founder Bill Gates among his fans and students. Gates has described…

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Added by Riaz Haq on March 14, 2012 at 10:00pm — 6 Comments

New Pakistan Tourism Portal

Here's a report about a new tourism portal for Pakistan:

Pakistan-explorer.com: A ray of hope in the clogged-up tourism culture in the country

Launched with a distinct vision of promoting the tourism culture in the country,…

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Added by Riaz Haq on March 12, 2012 at 6:05pm — 1 Comment

Pakistani Entrepreneurs Growing Against All Odds

Growing at more than 55% a year and collectively employing 41,000, the winners of Pakistan Fast Growth 100 contest were announced by Harvard-based Allworld Network last week. Of these 100 entrepreneurial companies, 70 also qualified for the Arabia500, putting…

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Added by Riaz Haq on March 11, 2012 at 10:45pm — 3 Comments

Was Dead Pakistani Journalist Saleem Shahzad a CIA Asset?

Leaked emails by wikileaks suggest that dead Pakistani journalist Saleem Shahzad was working for the CIA. The emails show Stratfor's web of informers, pay-off structure, payment laundering techniques and psychological methods:

Email-ID 1644311

Date 2011-06-01 15:50:16

From burton@stratfor.com

To sean.noonan@stratfor.com, hoor.jangda@stratfor.com,…

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Added by Riaz Haq on March 11, 2012 at 9:30am — 1 Comment

NUST Supercomputer Catapults Pakistan to Top 200 Supercomputing Sites in the World

NUST's new 132 Teraflop supercomputer has catapulted the Pakistani university's supercomputing center to the elite Top 200 list of supercomputing sites in the world, a list dominated by a handful of industrialized nations. National University of Science & Technology's supercomputer is named ScREC after its supercomputing research and education center. The cluster consists of 66 nodes equipped with a total of 30,992 cores. The NUST site…

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Added by Riaz Haq on March 9, 2012 at 8:30pm — No Comments

Biotechnology & Genomics R&D in Pakistan

Complete gene mapping of a Pakistani citizen by Human Genome Project in Karachi has put the country on a very short list of nations which have accomplished this scientific feat. To assess the state of genomics and biotechnology in Pakistan, let's take a look at what is happening in the country in this field:

1. Researchers at the Panjwani Center for Molecular Medicine and Drug Research (PCMD) in Karachi collaborated with Beijing Genomics Institute (BGI) to complete gene mapping of Dr.…

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Added by Riaz Haq on March 1, 2012 at 7:30pm — 33 Comments

Top Harvard Urban Planner Leads Green City Development in Karachi

Work started today to build a 21st Century eco-friendly model city about 50 km north east of downtown Karachi, Pakistan.

Named DHA City Karachi or DCK, the project has been planned by Doxiadis and Osmani Associates along with Professor Spiro Pollalis as its chief planner on an 11,640 acre rural site. Constantine Doxiadis (1914-1975) was a Greek architect and urban planner who planned Pakistan's capital Islamabad and several…

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Added by Riaz Haq on February 23, 2012 at 12:00pm — 8 Comments

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    Blog Posts

    Pakistanis' Insatiable Appetite For Smartphones

    Samsung is seeing strong demand for its locally assembled Galaxy S24 smartphones and tablets in Pakistan, according to Bloomberg. The company said it is struggling to meet demand. Pakistan’s mobile phone industry produced 21 million handsets while its smartphone imports surged over 100% in the last fiscal year, according to …

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    Posted by Riaz Haq on April 26, 2024 at 7:09pm

    Pakistani Student Enrollment in US Universities Hits All Time High

    Pakistani student enrollment in America's institutions of higher learning rose 16% last year, outpacing the record 12% growth in the number of international students hosted by the country. This puts Pakistan among eight sources in the top 20 countries with the largest increases in US enrollment. India saw the biggest increase at 35%, followed by Ghana 32%, Bangladesh and…

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    Posted by Riaz Haq on April 1, 2024 at 5:00pm

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