Riaz Haq's Blog – November 2017 Archive (15)

Why Do Majority of Indians Favor Military Rule?

A majority of Indians, 53%, favor military rule, according to a Pew Research Center survey released recently. India is one of only 4 countries where a majority is in favor of a military government, according to the survey. Vietnam, Indonesia, and South Africa are the other three.…


Added by Riaz Haq on November 30, 2017 at 8:00pm — No Comments

Credit Suisse: Pakistan's Wealth Inequality is the Lowest in South Asia

Data released by Credit Suisse with its Global Wealth Report 2017 shows that Pakistan is the most egalitarian nation in South Asia. It also confirms that the median wealth of Pakistani households is three times higher than that of households in India.

Wealth Inequality:

Inequality is measured in terms of Gini index. It ranges…


Added by Riaz Haq on November 29, 2017 at 8:44pm — 9 Comments

Did Maryam and Nawaz Sharif Orchestrate the TLY Dharna at Faizabad?

The 22-day long Faizabad Dharna anti-Ahmedi protest disrupted all aspects of life in the twin cities of Rawalpindi and Islamabad. It was too well planned and organized to be called "spontaneous". Protesters were provided with food and all other supplies they needed to sustain it for over three weeks. The question is: Who was behind this protest? Was it just the Tehrik Labbaik Ya Rasoollullah (TLY) activist mullahs seen on TV screens yelling out abuses at others? Was it the military or its… Continue

Added by Riaz Haq on November 27, 2017 at 12:00pm — No Comments

Marvell to Pay $7.5 Billion For Cavium Co-founded by Pakistani-American NEDUET Alum

Marvell Technology announced on November 20 that it would buy Cavium in a $6 billion stock deal, according to CNBC News. The value of the deal jumped to $7.5 billion enterprise value at the close of market on November 22, 2017.…


Added by Riaz Haq on November 23, 2017 at 3:00pm — 2 Comments

Information Technology Jobs Moving From India to Pakistan?

Outlook India recently ran a story headlined "Noida to Islamabad". It suggests at least anecdotal evidence of information technology jobs beginning to move from India to Pakistan. The number of jobs is only 125 but could it be the tip of a larger iceberg? Are western companies finding Pakistan becoming more competitive with India in terms of cost and skills on offer? Let's try and answer these questions.…


Added by Riaz Haq on November 22, 2017 at 6:30pm — 6 Comments

Pakistan's Total Education Spending Surpasses its Defense Budget

Pakistan's public spending on education has more than doubled since 2010 to reach $8.6 billion a year in 2017, rivaling defense spending of $8.7 billion. Private spending on education by parents is even higher than the public spending with the total adding up to nearly 6% of GDP. Pakistan has 1.7 million…


Added by Riaz Haq on November 21, 2017 at 11:00am — 28 Comments

Pakistan Per Capita Cement Consumption Hit New High of 170 Kg in 2016

Pakistan's domestic cement consumption reached 35 million tons in 2016, up from 30 million tons in 2015, according to a report published by Global Cement.  Using the latest census population of 207 million, it works out to about 170 Kg per person consumption. The increase is driven by a combination of CPEC-related infrastructure projects as well as commercial and …


Added by Riaz Haq on November 18, 2017 at 10:30pm — 11 Comments

Pakistani Students Win Silver in International Genetic Engineering Competition

A team of undergraduate students representing Peshawar has won a silver medal in a genetic engineering competition organized recently by the International Genetically Engineered Machine (iGEM) Foundation in Boston, Massachusetts.…


Added by Riaz Haq on November 14, 2017 at 12:10pm — 2 Comments

Is US Playing the "India Card" Against China With "Indo-Pacific Quad"?

Has Asia-Pacific become Indo-Pacific? Is George W. Bush's Quad back again? Is this Trump's version of Obama's Pivot to Asia? Let's examine what happened during President Donald Trump's recent Asia Trip.

Obama's Pivot to Asia:

President Barack Obama's Pivot to Asia initiative and his…


Added by Riaz Haq on November 13, 2017 at 12:31pm — 4 Comments

India-Pakistan Smog; Saudi Purge; MQM-PSP Tie

Why is there such thick smog enveloping Delhi and Lahore? What is the source of such high levels of particulate matter hitting PM2.5 of 500-800 micrograms per cubic meter? Is it the crop burning by the farmers in Indian Punjab? Are there other round-the-year sources that keep the PM2.5 concentration at around 100 micrograms per cubic meter, about 10X the safe levels? What can be done to bring it down? Do… Continue

Added by Riaz Haq on November 11, 2017 at 9:04am — 2 Comments

Thick Smog in Delhi and Lahore: Is India Crop Burning to Blame?

Thick smog enveloping Pakistan's Punjab province has seriously disrupted road and air traffic and created significant health emergency for the people, according to Pakistani media reports. Indian cities, including the nation's capital New Delhi, are also suffering from it.

Is India Responsible?

Pakistani officials have blamed "the incursion of smoke and particle…


Added by Riaz Haq on November 9, 2017 at 11:00am — 7 Comments

Pakistan's Large Scale Manufacturing Soars By Double Digits

Large Scale Manufacturing (LSM) in Pakistan shot up 11.3% in the first two months of fiscal year 2017-18, according to the Federal Bureau of Statistics (FBS). It represents a big surge from 5.7% LSM growth seen in Fiscal 2016-17.…


Added by Riaz Haq on November 8, 2017 at 8:00pm — 3 Comments

Social Media: Blessing or Curse for Pakistan?

Is the rapid growth of social media helping or hurting Pakistani state and society?

What are the consequences… Continue

Added by Riaz Haq on November 4, 2017 at 11:00pm — 17 Comments

Terror in New York; Bin Laden Files; Trump-Russia Probe; Cricket in Pakistan

How is ISIS-inspired terror spreading in the West? What can be done to stop self-radicalization of lone wolves through social media? Was Trump's reaction to the NY terror report appropriate? Why is there such a difference in media coverage and leaders' reaction between terrorism incidents and frequent and more numerous shooting… Continue

Added by Riaz Haq on November 3, 2017 at 10:52pm — No Comments

Pakistan's Fintech Revolution to Promote Financial Inclusion

Pakistan is ranked 16th among 26 nations ranked by Brookings Institution with an overall score of 69% in "The State of Financial and Digital Inclusion Project Report" for 2017.  As the world observes the "World Financial Inclusion Week" this week (October 30-November 3, 2017), the Internet revolution is enabling rapid growth of financial technology… Continue

Added by Riaz Haq on November 2, 2017 at 2:00pm — 38 Comments

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    Solar Power Boom in Pakistan

    Falling solar panel prices and soaring rates for grid electricity are driving a renewable power boom in Pakistan. A second factor spurring the growth in clean energy installations is the requirement of major western apparel brands for garments and textile manufacturers to switch to clean energy. As a result, the solar panel imports in the country jumped from 2,800 MW in 2022 to 5,000 MW in 2023, in…


    Posted by Riaz Haq on July 10, 2024 at 12:30pm — 1 Comment

    Pakistani Stock Market is the World's Best Performing Market in 2024

    Pakistan's KSE-100 shares index topped 80,000 points on Wednesday as stocks climbed more than 600 points, making it the world's best performing stock market. The benchmark KSE-100 index has posted an annual return of 89% during FY24 (July 2023-June 2024) in PKR terms while in US dollar terms, the return was 94%, as the Pakistani rupee appreciated against the US dollar, according to …


    Posted by Riaz Haq on July 4, 2024 at 6:00pm

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