Why are Pakistan media groups laying off employees and shutting down TV channels? Is it caused by Pakistan government cutbacks in advertising? Is it part of the PTI government's alleged efforts to censor media? Or part of the long overdue industry shake-out after almost two decades long un-interrupted media business expansion?…Continue
Added by Riaz Haq on December 9, 2018 at 5:24pm — No Comments
Remittance inflows from Pakistani diaspora have jumped 21-fold from about $1 billion in year 2000 to $21 billion in 2018, according to the World Bank. In terms of GDP, these inflows have soared nearly 7X from about 1% in year 2000 to 6.9% of GDP in 2018.
Meanwhile, Pakistan's exports have declined from 13.5% of GDP in year 2000 to…Continue
Pakistan's 88 billion rupee media industry is in the midst of a major shakeout after a long period of rapid double-digit growth since the turn of the century. Hundreds of journalists and other staff have lost their jobs. At least one TV channel, Waqt News, has closed while several others are downsizing. While such consolidation was long overdue after nearly two-decade long period of explosive growth, the PTI government's decision to reduce advertising budget, which constitutes nearly…Continue
Speaking at a recent Delhi investment conference, Managing Director and Chief Strategist Christopher Wood of CLSA (formerly known as Credit Lyonnais Securities Asia) surprised everyone, by saying that he loves the Pakistan stock market more than any other in Asia, according to …Continue
Nomura Securities strategists believe Malaysia, Japan and Pakistan are expected to be the top 3 beneficiaries of import substitution triggered by US-China trade war escalation. Nomura's analysis is based on detailed study of 7,705 items which will be subject to tariffs and counter tariffs by US and China if the stand-off continues. Nomura developed two indices as part of its research on the subject: NISI…Continue
Pakistani author-journalist Raza Ahmad Rumi recently visited San Francisco Bay Area as part of his book tour to promote his latest book "Being Pakistani: Society, Culture and The Arts". Raza had three speaking engagements in the Bay Area: (1) At the World Affairs Council in San Francisco on Wednesday November 14, 2018, (2) Institute of South Asia Studies at University of California at Berkeley on Thursday November 15, 2018, and (3) Pakistani-American Community Center in S…Continue
Added by Riaz Haq on November 19, 2018 at 7:21pm — No Comments
Pakistan's consumption of oil and gas has rapidly grown over the last 5 years, an indication of the nation's accelerating economic growth. Pakistan is among the fastest growing LNG markets, according to …Continue
Pakistan's quality-adjusted scientific output (Weighted Functional Count) as reported in Nature Index has doubled from 18.03 in 2013 to 37.28 in 2017. Pakistan's global ranking has improved from 53 in 2013 to 40 in 2017. In the same period, India's WFC has increased from 850.97 in 2013 to 935.44 in 2017. India's global ranking has improved from 13 in…Continue
Pakistan consumer confidence index reached an all-time high of 115 in Q2/2018, up 8 points from 107 in Q1/2018, according to latest The Conference Board Global Consumer Confidence Survey (TCB-Global). Pakistan now ranks 9th in the world. Pakistan's neighbor India's consumer confidence…Continue
A recent Dartmouth study by three researchers has reported that "Muslims (in India) now have considerably worse upward mobility (29) today than both Scheduled Castes (37.4–37.8) and Scheduled Tribes (32.5–32.7). The comparable figure for African Americans is 34."
The research paper titled "Intergenerational Mobility in India: Estimates from New Methods and Administrative Data" says that "higher caste groups…Continue
Popular Muslim American comedian Hasan Minhaj has come across a troubling US Central Command document that describes Saudis as having "Negro blood" in their ancestry. Minhaj recently talked about it in his Netflix Series "Patriot Act".
The welcome booklet for US military personnel…Continue
Added by Riaz Haq on November 4, 2018 at 11:40am — No Comments
Pakistan is among the most upwardly mobile nations in the world, according to a new Standard Chartered Bank study titled "Climbing the Prosperity Ladder".
The Standard Chartered study looks into social mobility, financial…Continue
British ranking agency Quacquarelli Symonds (QS) has ranked 23 Pakistani universities among the top 500 Asian universities for 2019, up from 16 in 2018. Other South Asian universities figuring in the QS top universities report are 75 from India, 6 from Bangladesh and 4 from Sri Lanka.…
Pakistan's brand value has jumped 15% to $196 billion in 2018, up from $171 billion in 2017, according to Brand Finance's Nations Brands Report 2018. The report ranks Pakistan at 51 among 100 nations ranked. It gives Pakistan an A brand rating on a scale from AAA+ to CCC-.
It is remarkable that Pakistan's brand value has increased by double digits and the country still…Continue
Added by Riaz Haq on October 21, 2018 at 6:00pm — No Comments
Recently released HSBC report titled "The World in 2030" says that "five Asian economies will be among the world’s six fastest-growing economies – Bangladesh, India, Philippines, Pakistan and Vietnam". HSBC ranks Pakistan at number 4 in terms of GDP growth till 2030 and expects Pakistan to rise from the world's 40th biggest economy in 2018 in nominal terms to the world's 30th largest economy by 2030. Pakistan economy does face some short-term headwinds because of its balance of payments…Continue
Pakistani-American scholar Dr. Moeed Yusuf, Associate Vice President of the Asia Center at the U.S. Institute of Peace in Washington D.C., visited Silicon Valley on September 29, 2018. Dr. Yusuf spoke at an event organized by Talk4Pak (talk4pak.com) team to launch his recently published book "Brokering Peace in Nuclear Environments U.S. Crisis Management in South Asia".…Continue
Only 20,918 refugees have so far been admitted to the US in fiscal year 2018, despite the cap being set at 45,000. Of those admitted, Muslim refugees have been hit the hardest with their share dropping to 14.5%, the lowest since 2001. At the same time, the Christian refugees share rose to nearly 71%, the highest since 2001, according to data compiled by United Nations High…Continue
Added by Riaz Haq on September 19, 2018 at 3:55pm — No Comments
Foreign-born Pakistani immigrant population in the United States rose 31% since 2010 to reach nearly 400,000 as of 2017. This figure includes naturalized citizens, legal permanent residents (green card holders), temporary workers, and foreign students from Pakistan. An earlier 2015 estimate put the number of US-born Pakistani-Americans at 180,000. It is safe to assume that the total number…Continue
Pakistan's human development ranking plunged to 150 this year, down from 149 last year. It is worse than Bangladesh at 136, India at 130 and Nepal at 149. The decade of democracy under Pakistan People's Party and Pakistan Muslim League (Nawaz) has produced the slowest annual growth rate in the last 30 years. The fastest growth in Pakistan human development was seen in 2000-2010, a decade dominated by …Continue