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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…
ContinueAdded by Riaz Haq on November 19, 2007 at 12:28pm — 6 Comments
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South Asia Investor Review
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Riaz Haq's Current Affairs Blog
Access to abundant and cheap electricity is essential for running a modern competitive economy. The best way to ensure it is in switching to renewable energy sources. That is why Pakistan is in the midst of a renewable power boom. It is ramping up generation of clean energy with solar, hydro, wind and nuclear power. 13 gigawatts of solar panels have been imported in the…
ContinuePosted by Riaz Haq on October 10, 2024 at 11:30am
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…
ContinuePosted by Riaz Haq on October 6, 2024 at 5:00pm — 4 Comments
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