Riaz Haq's Blog (1,533)

Pakistan's Electricity Crisis

Pakistan’s economy has recently been growing at 7-8% per year, doubling

its GDP over the last 7 years. The industrial growth rate has been

closer to 12.5% per year during this period, contributing 38% of the

total economic output of Pakistan. Per capita energy consumption of the

country is estimated at 14 million Btu, which is about the same as

India's but only a fraction of other industrializing economies in the

region such as Thailand and Malaysia, according to… Continue

Added by Riaz Haq on January 28, 2008 at 10:43am — 13 Comments

What's Next After "Da Vinci Code"?

It usually takes just one new really big seller to ignite book sales

and revive the publishing industry fortunes. There has been the "Harry

Potter" phenomenon and the "Da Vinci Code" that kept the industry

humming over the last few years and brought lots of people to

bookstores around the world. Lately, however, the book sales have

slowed down. "Harry Potter" has retired and Dan Brown, the author of

"Da Vinci Code" has been taking his time to complete… Continue

Added by Riaz Haq on January 27, 2008 at 5:41pm — No Comments

Pakistan: A Magnet for Foreign Investors

By Riaz Haq

www.pakalumni.com

Saratoga, CA

Extreme Investing or Safe Haven?

Some call it "Extreme Investing". Call it by any name, but international investors have discovered Pakistan as an attractive destination.

Referring to the recent upsurge in violence, Bank Muscat CEO Ali Issa said,

"We are not worried about our investment in Pakistan, we think it's just a

passing…

Continue

Added by Riaz Haq on January 26, 2008 at 9:31am — 1 Comment

Who Is In Charge: Mehsud Or Mullah Omar?

Americans have now been saying for several months that the Taleban and

Al-Qaeda have shifted their focus of attacks from Afghanistan to

destabilize Pakistan. "Al-Qaeda right now seems to have turned its face

toward Pakistan and attacks on the Pakistani government and Pakistan

people," US Defense Secretary Robert Gates told the Washington Post on

Dec 21, 2007. Most of the recent activities including a big surge in

suicide bombings in Pakistan seem to confirm this… Continue

Added by Riaz Haq on January 23, 2008 at 11:38am — 1 Comment

The Story of Oil, Greed, Religion and Blood

The story of oil, greed, religion, and blood is as old as the discovery

of oil. This story is brought to life in the recent Hollywood movie

"There Will Be Blood", starring Daniel Day Lewis as the greedy oilman

drilling for oil in California over 100 years ago. Loosely based on

Upton Sinclair's novel "Oil", the movie shows oil discovery in San

Fernando Valley in Southern California in early 1900s. I must say the

performance by Lewis is masterful. The story… Continue

Added by Riaz Haq on January 21, 2008 at 5:53pm — 1 Comment

Unreasonable Men: Martin Luther King to Barack Husain Obama

"A reasonable man adapts himself to his environment. An unreasonable

man persists in attempting to adapt his environment to suit himself.

Therefore, all progress depends on the unreasonable man." So said the

famous British playwright George Bernard Shaw a century ago. The

"unreasonable Man" label applied well to the famous civil rights

leader Rev Martin Luther King in the 1960s and applies well today to

US presidential candidate Senator Barack Husain Obama. As… Continue

Added by Riaz Haq on January 20, 2008 at 9:20am — No Comments

CIA Chief Believes Mehsud Killed BB

CIA Director Michael Hayden told the Washington Post that the former

Pakistani prime minister was killed by fighters allied to Baitullah

Mehsud. Mr Hayden did not reveal the sources for his claim. Apparently,

CIA has come out with this conclusion based on their own independent

intelligence sources and due diligence. With this CIA claim, there is

now agreement between the Pakistani intelligence and the US

intelligence on the identity of the people behind… Continue

Added by Riaz Haq on January 18, 2008 at 8:30am — No Comments

Quaid-e-Azam Mohamed Ali Jinnah: Time Magazine Cover 1946

Fellow member Ameer Alam posted a photo of the Time Magazine cover from 1946 that carries Quaid-e-Azam's picture on the cover. The following is the article inside that issue of Time:



By every sign & portent this would be India's year of decision—a decision that would be bitterly contested by all three partners to India's future: the British Raj, 256 million Hindus, 92 million

Moslems.

Votes…

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Added by Riaz Haq on January 17, 2008 at 1:28pm — No Comments

Merrill Lynch Calls Pakistan Safe Haven For Investors

"Pakistan is a safe haven for investors", says Mark Matthews, chief

Asia strategist at Merrill Lynch, speaking to CNBC's Arnold Gay in

January, 2008. This is in sharp contrast to some of the rating agencies

like S&P and Moody's hinting at possible downgrade of Pakistan as

an investment opportunity. Matthews argues that Pakistan is one of the

best information arbitrage markets in the world.

While the bombings, shootings and the body bags make good headlines for… Continue

Added by Riaz Haq on January 16, 2008 at 10:51am — No Comments

Atta Crisis in Pakistan

Rising Atta Prices

The rising prices and acute shortages of atta in Pakistan are clearly

distressing to the people. However, putting it in perspective, this

wheat crisis is not isolated to Pakistan. There are widespread fears of

food shortages and lack of affordability in many countries around the world.



According to a recent report in Wall Street Journal, the prices of Illinois corn

and soybeans rose 40%…
Continue

Added by Riaz Haq on January 15, 2008 at 12:51pm — No Comments

Pakistan is Lagging in Social Media

As the membership of social networks and the users of social media

applications such as Facebook, MySpace, and Orkut grow dramatically to

hundreds of millions in the US, Europe, Asia and Latin America, it

seems that this phenomenon is still in very early infancy in Pakistan.

As of now, there are about 117,000 Pakistanis on Facebook, about

100,000 on Orkut, and a few thousand on MySpace. There are smaller

social networks such as Naseeb.com that have a few thousand… Continue

Added by Riaz Haq on January 12, 2008 at 6:41pm — 4 Comments

Bilawal's Extra-curricular Activities at Oxford

In his high-profile role as the Chairman of one of Pakistan's largest political parties, there are enormous security threats for Bilawal Bhutto Zardari. In the words of John Giduck, a US security consultant, "The threat level is going to be inordinately high - you are dealing with a young man with an enormous target painted on him. It would take dozens of people and hard assets to keep this man safe". In addition to this security threat, Bilawal is dealing with the loss of his privacy with the… Continue

Added by Riaz Haq on January 10, 2008 at 10:00am — 2 Comments

Bilawal's Appeal for Privacy

After being named Chairman of Pakistan Peoples Party to succeed his high-profile mother Benazir Bhutto, Bilawal's life has suddenly gone from very private to

very public. As expected, the tenacious Papparazi and the ruthless

tabloid press have found a new subject to pursue relentlessly. Examples

of this coverage include the stories in the British tabloids The Sun and…

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Added by Riaz Haq on January 8, 2008 at 9:36pm — No Comments

CSI: Pakistan

Watching the news, the pictures, the videos, and the abundance of

speculation and conspiracy theories, it makes me wonder whether all of

this controversy could have been avoided had there been a thorough and

professional investigation undertaken after Benazir Bhutto's tragic

assassination? Then I realize it is too much to ask of the people

involved. Here are some of my reasons why:



1. There is a total lack of professionalism in the way the law-enforcement… Continue

Added by Riaz Haq on January 6, 2008 at 8:10am — 2 Comments

Bilawal Bhutto Zardari and Friend in Devil Costumes

“We’re ready to bring hell on earth. . . waaahahahahahah.”



Here is a picture of Bilawal Bhutto Zardari (Facebook alias: Bilawal Lawalib) posing with a friend published by the UK tabloid The Sun.

The Sun obtained it from Facebook. This picture reinforces the fact

that Bilwawl is just a kid, enjoying life as college kids do in the

West. Poor Bilawal. He's been pushed into this limelight by… Continue

Added by Riaz Haq on January 5, 2008 at 10:51pm — No Comments

Engineer? An Expensive $50K Monkey?

Here's a joke from my friend Ramzan Khetani, EE Class of 1974. I'd like to share it with you. Hope you like it.



AutoCAD Monkey: A tourist walked into a pet shop and was looking at the animals on display. While he was there, another customer walked in and said to the shopkeeper, "I'll have an…
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Added by Riaz Haq on December 17, 2007 at 10:06am — No Comments

The Unitended Consequence of Charlie Wilson's War

The soon-to-be-released Hollywood movie "Charlie Wilson's War"

tells the story of behind-the-scene activities that led to the massive

CIA backing of the Afghan resistance against the Soviets in the 1980s.

Based on a book of the same title by late George Crile, it focuses on

the efforts of a "scandal-prone, womanizing" US Congressman Charlie

Wilson and "out-of-favor, blue-collar" CIA operative Gust Avrokotos who

both… Continue

Added by Riaz Haq on December 16, 2007 at 10:35am — No Comments

Frontiers of Information Technology Conference FIT 2007 in Islamabad Dec 17-18, 2007

COMSATS Institute of Information Technology is organizing the 5th International Workshop on Frontiers of Information Technology (FIT 2007) on

December 17-18 at Marriott Hotel Islamabad, Pakistan. This workshop is

sponsored by the Higher Education Commission of Pakistan and Pakistan

Telecommunication Company Limited (PTCL).







Since its inception in 2003, the International Workshop on…

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Added by Riaz Haq on December 9, 2007 at 4:51pm — No Comments

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

Out-of-the-Box Thinking by Muslim Students at Berkeley

I was discussing the recent Newsweek story

about Pakistan with my daughter Michelle who is a sophomore at UC

Berkeley and a member of the Muslim Students Association (MSA) on

campus. I explained to her my feelings about Newsweek's bias and some of the predictable reactions by my friends. In response, she told me about

what happened at UC Berkeley last week where an anti-Muslim group was

having "Islamo-Fascist Week" and how… Continue

Added by Riaz Haq on October 27, 2007 at 10:42pm — 3 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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