Riaz Haq's Blog – May 2017 Archive (10)

Ramzan; Pakistan Economic Survey; Indian IT Job Losses; Trump's Foreign Tour

What is Ramadan all about? Is it only about abstaining from food and drink in the daylight hours? What is the key message for this Ramzan? Isn't respecting Huqooq-ul-Ibad (human rights of others) as important as observing Huqooq-ul-Allah (Duties to Allah such as prayer and fasting) for each Muslim? What must Muslims do this Ramzan to fulfill all of their obligations to Allah and His creation?…

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Added by Riaz Haq on May 28, 2017 at 6:30am — 13 Comments

Afiniti and Careem: Tech Unicorns Made in Pakistan

Afiniti and Careem are two technology unicorns engineered in Pakistan by Pakistanis. AI (artificial intelligence) startup Afiniti software has largely been engineered in Lahore while taxi hailing service Careem's technology has mostly been developed in Karachi. Here's more about these unicorns:

Careem:

Careem is a taxi hailing app that is giving its American competitor Uber a…

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Added by Riaz Haq on May 23, 2017 at 6:27pm — 13 Comments

Campaign of Fear, Uncertainty and Doubt (FUD) About CPEC

An unrelenting campaign of fear, uncertainty and doubt (FUD) about China-Pakistan Economic Corridor (CPEC) has been unleashed in the media in recent weeks. This strategy harkens back to the aggressive marketing techniques used by the American computer giant IBM in the 1970s to fight competition. As in IBM's case, the greatest fear of the perpetrators of FUD is that CPEC will succeed and lift Pakistan up…

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Added by Riaz Haq on May 22, 2017 at 10:30am — 55 Comments

Pakistan Consumer Boom Driving Media Advertising Revenue

Rising buying power of rapidly expanding middle class in Pakistan drove the nation's media advertising revenue up 14% to a record Rs. 76.2 billion ($727 million), making the country's media market among the world's fastest growing for FY 2015-16. Half of this ad spending (Rs. 38…

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Added by Riaz Haq on May 20, 2017 at 8:00am — 31 Comments

Pakistan to Build Massive Dams for Abundant Water and Power

China and Pakistan have agreed to finance and build two mega dams in Gilgit-Baltistan region of Pakistan. A memorandum of understanding (MoU) for this development was signed by the leaders of the two countries on the sidelines of the Belt and Road Initiative (BRI) summit in Beijing.…



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Added by Riaz Haq on May 18, 2017 at 11:00am — 25 Comments

India's Jadhav ICJ Case; Terror in Balochistan; Trump's Firing of FBI Director Comey

Why has India taken its complaint against Pakistan to International Court of Justice? Will this Indian action internationalize Kulbhushan Jadhav case? What are the risks for India? Can Pakistan use this opportunity to highlight India's use of proxies to commit acts of terror in Pakistan? Will Pakistan accept ICJ's jurisdiction in this matter?…



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Added by Riaz Haq on May 14, 2017 at 4:00pm — 4 Comments

China Emerges as the Top Destination For Pakistanis Studying Abroad

China has emerged at the top destination for Pakistani students studying abroad with 19,000 of them in China this year. This figure is more than 3 times the 6,141 Pakistani students currently enrolled in the US universities, according to data available from reliable sources.…

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Added by Riaz Haq on May 11, 2017 at 10:57pm — 46 Comments

French Elections; Militant Hindu Threats Against Pak Children; Panama JIT

What do we know about French presidential run-off election candidates Emmanuel Macron and Marine Le Pen? What is at stake for France in the elections? What if the Islamophobic, anti-Europe, anti-trade, racist candidate Marine Le Pen wins? Will French elections be impacted by Brexit and Trump victories in recent votes?  How would… Continue

Added by Riaz Haq on May 6, 2017 at 10:30pm — No Comments

Pakistan Cricket Board's $43 Million Revenue and Budget

Pakistan Cricket Board (PCB) spends about $43 million on national and international cricket every year, according to media reports. It receives about $16.5 million a year share from the International Cricket Council (ICC) as part of the new revenue sharing model while the rest comes from Pakistan Super…

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Added by Riaz Haq on May 3, 2017 at 11:30pm — 23 Comments

Pakistani-American Co-Founders Sell Tech Startup Viptela to Cisco For $610 million

Cisco is paying $610 million to acquire Viptela, a software-defined-networks (SDN) start-up in Silicon Valley that was co-founded in 2012 by Pakistani-American entrepreneurs Amir Khan, Atif Khan and Khalid Raza.

Software defined network (SDN) technology allows network managers to configure, manage, secure, and optimize network…

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Added by Riaz Haq on May 1, 2017 at 9:30pm — No Comments

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    Blog Posts

    Is Pakistan Getting Ready For AI Revolution?

    Generative artificial intelligence (GenAI) has taken the world by a storm. It has drawn the attention of academia, businesses and governments around the world.  This technology is expected to transform almost every sector from business and commerce to government, industries and defense. Are Pakistanis aware of its potential?  Is Pakistan getting ready for what is being described as the "AI…

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    Posted by Riaz Haq on October 6, 2024 at 5:00pm — 4 Comments

    Investors Celebrate Pakistan's Continuing Economic Recovery

    Pakistan's benchmark KSE-100 index hit an all-time high after the announcement of the $7 billion IMF bailout deal today. Economic indicators such as inflation, exports and remittances are also showing significant improvement as well. Speaking to reporters after the IMF deal,  the Fund Managing Director  Kristalina Georgieva acknowledged progress made by Pakistan. She said  "The economy is on the sound path. Growth is up and inflation is down". The …

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    Posted by Riaz Haq on September 26, 2024 at 5:00pm — 8 Comments

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