Riaz Haq's Blog – April 2024 Archive (2)

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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Added by Riaz Haq on April 26, 2024 at 7:09pm — 3 Comments

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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Added by Riaz Haq on April 1, 2024 at 5:00pm — 4 Comments

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    Blog Posts

    Is the India Growth Story Over?

    In a television speech to the nation, Indian Prime Minister Narendra Modi urged his people to make sacrifices by spending less on fuel, fertilizer, and travel. He also asked them not to buy gold for a year. “To save foreign exchange, we must accept the challenge of patriotism,” he said. It appears that India's problems do not just stem from the effects of the US-Iran war; India's problems started well before that. Flight of foreign capital has put the Indian currency under tremendous…

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    Posted by Riaz Haq on May 11, 2026 at 9:00pm — 3 Comments

    Pakistan's New Infrastructure Investments and Trade Routes

    Pakistan has recently launched 5G wireless service in multiple cities and closed financing on the 306 kilometer 6-lane Sukkur-Hyderabad M6 motorway. In addition, Pakistan is seeing significant increase in the utilization of its Gwadar and Karachi ports after the closure of the Strait of Hormuz due to the US-Iran war. This will help open the trade routes from Pakistan to Central Asia via Iran, bypassing unstable Afghanistan. It has the potential to eventually make Pakistan a major…

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    Posted by Riaz Haq on May 4, 2026 at 5:00pm — 10 Comments

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