October 2015 Blog Posts (12)

Will Pakistan Take Advantage of Historic Low LNG Prices?

LNG spot prices hit a new low of $4 per mmBTU as the supply continues to significantly outstrip demand. It's creating opportunities for Pakistan to get access to large supply of cheap fuel for its power generation.

With softening demand from… Continue

Added by Riaz Haq on October 30, 2015 at 10:30pm — 47 Comments

Uber Ready to Launch in Pakistan

Uber, the rapidly growing San Francisco based behemoth known for its taxi app,  appears to be getting ready to launch its service in Lahore, Pakistan, according to media reports.

A report in Tech In Asia points to the career page on Uber website that shows openings for “general manager”, “operations and logistics manager”, and a “marketing manager,” for Lahore,  Pakistan's second-largest…


Added by Riaz Haq on October 27, 2015 at 9:00pm — 12 Comments

Pakistan Saw 2.22 Million New Mobile Broadband Subscriptions in September 2015

Monthly new subscriptions of 3G and 4G in Pakistan doubled to 2.22 million in September 2015, up from 1.1 million new subscribers in August 2015.  This brings the total number of mobile broadband subscribers to 18.04 million and total of all broadband subscriptions to 21.2 million since 3G-4G launch in May 2014, according to the latest data released by Pakistan Telecommunications…


Added by Riaz Haq on October 26, 2015 at 1:41pm — 8 Comments

US-Pakistan Joint Statement Angers India

All the speculations about the United States walking away from Pakistan this year have been proved wrong by the joint statement issued by the White House after this week's summit meeting between Pakistani Prime Minister Nawaz Sharif and US President Barack Obama in Washington D.C.

US-Pakistan Joint…


Added by Riaz Haq on October 23, 2015 at 11:46pm — 6 Comments

Is Texas Muslim Teen Moving to Qatar to Escape Racism?

14-year-old American Muslim kid Ahmed Mohamed is moving to Qatar with his family. His attempt to impress his teacher with a homemade clock put him in jail in handcuffs when his teacher at his school in Irving, Texas, thought it was a bomb and called the police.

The story made headlines in western and international media and…


Added by Riaz Haq on October 21, 2015 at 9:52pm — No Comments

Pakistan Economy Recovering: Car Sales Up 72%; Cement Sales Rise 16.89%

Pakistan auto industry is booming. Toyota, Suzuki and Honda factories are working around the clock in the southern port city of Karachi and eastern city of Lahore -- yet customers can still wait for up to four months for new vehicles to be delivered, according to media reports. At the…


Added by Riaz Haq on October 18, 2015 at 5:00pm — 37 Comments

Middle Class Pakistanis Richer Than Their Indian Counterparts

Pakistan’s middle class consists of over 6.27 million adults, according to wealth criteria used by Credit Suisse in its Global Wealth Report 2015. It represents 5.7% share of Pakistan’s total adult population of 111 million, almost twice as large as India’s middle class made up of 3% of its adult population based on the same criteria.…


Added by Riaz Haq on October 16, 2015 at 8:30pm — 4 Comments

Is Foreign Aid Good or Bad For Pakistan?

This year's Nobel Prize winning economist Angus Deaton of Princeton University considers foreign aid to developing nations a curse like the oft-mentioned resource curse of energy and mineral-rich nations of Africa and the Middle East.

Deaton has studied poverty in India and Africa and spent many decades working at the World Bank whose…


Added by Riaz Haq on October 14, 2015 at 10:50pm — 5 Comments

Pakistan Economic History 1947-2010

Pakistani economy grew at a fairly impressive rate of 6 percent per year through the first four decades of the nation's existence. In spite of rapid population growth during this period, per capita incomes doubled, inflation remained low and poverty declined from 46% down to 18% by late 1980s, according to eminent Pakistani economist…


Added by Riaz Haq on October 14, 2015 at 9:30am — 4 Comments

US to Propose Conditions For Civil Nuclear Deal With Pakistan

"The Pakistani establishment, as we saw in 1998 with the nuclear test, does not view assistance -- even sizable assistance to their own entities -- as a trade-off for national security vis-a-vis India". US Ambassador Anne Patterson, September 23, 2009…


Added by Riaz Haq on October 7, 2015 at 6:30pm — 28 Comments

India's Modi's Policy Blunders and Superpower Delusions

"If you (India) want to run with the big dogs, you have to stop pissing with the puppies".

 Robert Blackwill, Ex US Ambassador to India…


Added by Riaz Haq on October 4, 2015 at 9:00pm — 40 Comments

Islamophobia and Gun Violence in America

President Barack H. Obama finally asked the questions that many American Muslim victims of Islamophobia have been asking for a long time: How many Americans have been killed through terrorist attacks over the last decade?  And how many Americans have died in gun violence.

Here's the exact quote from…


Added by Riaz Haq on October 2, 2015 at 5:30pm — 14 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…


    Posted by Riaz Haq on June 20, 2024 at 9:00am — 6 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 …


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

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