May 2022 Blog Posts (9)

Pakistan's Global Fashion Brands Creating Other Branded Exports Opportunities

Pakistan is moving to higher value-addition in textile sector with branding. Khaadi, Gul Ahmed, J. by Junaid Jamshed, Sapphire, Sana Safinaz and others growing into global brands by expanding into countries with large Pakistani diaspora. Other Pakistani companies that have gained international brand recognition include Shan Masala, Pakola, Tapal Tea and K&N Frozen…

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Added by Riaz Haq on May 28, 2022 at 10:00am — 2 Comments

International Tea Day: Pakistan is the World's Largest Tea Importer

Pakistan does not produce tea but it is the most popular beverage among Pakistanis.  The country is ranked as its largest importer in the world.  In 2020, Pakistan imported $646 million (9% of global tea imports) worth of tea and exported $15.2 million in branded blends of tea such as Tapal Tea. Pakistan tea imports grew 19.8% from 2019 to 2020. …

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Added by Riaz Haq on May 21, 2022 at 2:00pm — 8 Comments

Pakistanis Are Third Largest Foreign Investors in Dubai Real Estate

Pakistanis have invested $10.6 billion in Dubai real estate, ranking them as the third largest investors in the city on the Gulf. Indian investors lead Dubai real estate investments with $29.8 billion, followed by British investors' $14.7 billion investment. …

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Added by Riaz Haq on May 20, 2022 at 5:30pm — 2 Comments

Pakistan: The Only Country in Asia With Birthright Citizenship

Pakistan is the only country in Asia that recognizes citizenship as a birthright. Only one in four nations in the world grant citizenship to all those born within their borders, according to a review of the nationality laws reviewed by EUI Global Citizenship Observatory.  Instead of birthright citizenship, the majority of countries today have citizenship by blood, in which children inherit…

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Added by Riaz Haq on May 16, 2022 at 8:30am — No Comments

Karachi Girl Students Win Top Prize at International Science Competition Held in Atlanta, Georgia

Two Pakistani girl students from Karachi have won the first physical science award of $1,500 each at Regeneron International Science and Engineering Fair (ISEF 2022) held May 7 through 13 in Atlanta, Georgia, United States. Ume Kulsoom and Talia Kusloom, the winners from Pakistan, are 12th grade students at Pak-Turk School in Gulshan-e-Iqbal, Karachi. …

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Added by Riaz Haq on May 15, 2022 at 9:00am — 3 Comments

WHO: India's 4.7 Million Excess Deaths Account For Nearly One-Third of the Global COVID Death Toll

The World Health Organization estimates that India had 4.730 million COVID19-related  deaths in 2020-21, nearly a third of 15 million global excess deaths attributed to the pandemic. India is followed by Russia with 1.073 million deaths and Indonesia with 1.03 million deaths. The United States with 933,795 deaths and Brazil with 681,219 deaths round out the top 5 countries that suffered the heaviest losses of life believed to be related to the pandemic. Mexico (625,923 deaths), Peru (289,654…

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Added by Riaz Haq on May 11, 2022 at 5:00pm — 9 Comments

Olive Revolution: Pakistan Joins International Olive Council

Pakistan's Ten Billion Tree Tsunami project launched in 2014 by the PTI government has sparked a silent olive revolution in the country.  Pakistan, now the 19th member of the International Olive Council, is producing about 1,500 tons of olive oil per year and 830 tons of…

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Added by Riaz Haq on May 7, 2022 at 11:00am — 25 Comments

SBP Governor Dr. Reza Baqir's 3-Year Term Saw Expansion & Modernization of Financial Services in Pakistan

Pakistan's chief central banker Dr. Reza Baqir's 3-year term saw a broad expansion and modernization of the nation's financial services industry. The impact of Baqir's policies can be seen in multiple sectors including agriculture, housing, manufacturing, exports, financial digitization and record-high investments in technology startups. Supported by Dr. Baqir's accommodative monetary…

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Added by Riaz Haq on May 5, 2022 at 8:30am — 8 Comments

European Union: Fastest Growing Source of Remittances to Pakistan

Remittances from the European Union (EU) to Pakistan soared 49.7% in FY 21 and 28.3% in FY22, according to the State Bank of Pakistan. With $2.5 billion remittances in the first 9 months (July-March) of the current fiscal year, the EU ($2.5 billion) has now surpassed North America ($2.2 billion) to become the third largest source of inflows to Pakistan after the Middle East and the United Kingdom. Remittances from the US have grown 21%, second fastest after the EU (28.3%) in the first 9 …

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Added by Riaz Haq on May 1, 2022 at 11:30am — 16 Comments

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    Blog Posts

    Are Some Pakistanis Feeding into Indian Delusions of Grandeur?

    Many Pakistanis are singing effusive praises of India on social media platforms and racking up millions of views, according to a report in the Indian  mainstream media. These Pakistanis are boosting their earnings by feeding into the Indians' delusions. The "India Today" report claims that, in the last 6…

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    Posted by Riaz Haq on June 20, 2024 at 9:00am — 5 Comments

    Agriculture: A Rare Bright Spot in Pakistan's Economy

    Pakistan's agriculture sector grew 6.3% in 2023-24, far outpacing the overall economy that grew just 2.38%, according to the Economic Survey of Pakistan 2023-24.  This is good news for about 40% of the country's population working in the agriculture sector. By contrast, India's agriculture growth slowed to …

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    Posted by Riaz Haq on June 13, 2024 at 9:30am — 4 Comments

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