Jesper Brodin, CEO of Holland-based Ingka Group, started his 25-year career working for Ikea in Karachi, Pakistan in 1995. Ikea does not operate its stores in Pakistan but the company sources home textiles from the South Asian country. Today,  Ikea is a major global retailer of home furnishings with worldwide sales of over $40 billion. Like any other major retailer, it is responding to its customers' demand for products produced in a sustainable way in terms of their impact on the…

Over half a million Pakistani-Americans constitute the 7th largest Asian ethnic group in the United States. Pakistani-Americans are young, well-educated and prosperous. Median age for Pakistani-Americans is 31.7 years. 60% have at least a bachelor's degree. Their median household income is $87,510 a year.  The graph below shows that immigration into the United…

“With all my privilege and profile, I often wonder if this is going to be the year they round us up, if this is the year they’re going to put Trump’s Muslim registry into action, if this is going to be the year they ship us all off,” Riz Ahmad said back in 2019 at Creative Artists Agency's Amplify Conference. “The representation of Muslims on screen — that feeds the policies that get enacted, the people that get killed, the countries that get invaded.”…

American Defense publication "The Drive" claims that Pakistan has helped China get access to American stealth aircraft technology. Specifically, the American website alleges that the Pakistanis gave Chinese access to the wreckage of the US stealth helicopter destroyed during the American raid to kill Usama Bin Laden in Abbottabad in 2011. Chinese experts have called the accusation "groundless", according to Global Times. …

Food prices in Pakistan rose 14.8% in May while the average inflation rate for July-May period of the current fiscal year came in at 8.83%,  according to Pakistan Bureau of Statistics.  Meanwhile, global food prices have surged by 40% in May,  the highest rate in a decade, according to the United Nations Food and Agriculture Organization. Poor harvest due to bad weather and …

Kleiner Perkins, a top Silicon Valley venture capital investment firm, is leading series A round of $17 million investment into Pakistani start-up Tajir. The startup operates an online marketplace for small store merchants in Pakistan. The announcement came via a tweet by Mamoon Hamid, a …

Indian economy shrank 7.3% in fiscal year 1920-21, its worst performance since independence in 1947. Nearly 230 million middle class Indians have slipped below the poverty line, constituting a 15 to 20% increase in poverty since Covid-19 struck last year, according to Pew Research. Middle class consumption has been a key driver of economic growth in India. Erosion of the middle class will likely…

Hamid Mir, a primetime TV talk show host, has reacted angrily to an attack on fellow Pakistani journalist Asad Ali Toor this week. Without explicitly naming anyone in his emotional outburst against the Pakistan Army and the ISI (Inter-Services Intelligence Service), Mir has accused their leadership of cowardice in allegedly ordering attacks on journalists. Dredging up the name of "General Rani", believed to have been the mistress of former Army Chief and President Yahya Khan in the…

Seed Labs, a Pakistani financial technology startup based in Karachi, has raised $6.5 million in seed funding to launch a derivatives trading platform. It was founded about a year ago by four young men in their mid-20s: Yameen Malik, Rabeel Jawaid, Zabi Mohebzada, and Ahmad Jawaid, according to Bloomberg reporter …

Global e-commerce giant Amazon has recently added several dozen Pakistani exporters to its approved list, according to Eric Broussard, vice president of Amazon International Seller Services. "We are excited to announce that as of today, Pakistani entrepreneurs are eligible to sell on Amazon. We are eager to work with Pakistan's dynamic business community, including small and medium-sized sellers and…

Citizen journalists armed with ubiquitous smartphones and access to social media platforms have challenged the western media reporting of the latest Israeli brutal assault on Gaza. While the established western media outfits have stuck to "Israel's right to defend itself" narrative, this new breed of young journalists has posted unfiltered images and videos of the Israeli war crimes against…

As Israeli military pounds Gaza and kills large numbers of Palestinian men, women and children yet again, the western media and politicians are busy white-washing the Israeli crimes by repeating the same old mantra: "Israel has a right to defend itself". There's little mention of the decades-long occupation and continuing brutalization of the Palestinian people by the Israelis. Nor is there any…

A Hindu sect (BAPS) with close ties to India’s ruling BJP has exploited hundreds of low-caste men in a years-long construction project, reports the New York Times. A US federal lawsuit filed against the Hindu group alleges that the men brought to the United States under religious R-1 visa had their Indian passports confiscated by the Hindu group. It further alleges that the workers,…

President Joseph R. Biden's climate policy has recently triggered rumors in right-wing American media of a potential burger ban in America. Such speculations about beef ban have been categorically denied by Tom Vilsack, the Secretary of the US Department of Agriculture (USDA). However, there are reasons to believe that the Biden focus on renewable energy alone will not be enough to achieve his…

In a recently published fiction imagined for 2034 by former top US Admiral James Stavridis and Elliot Ackerman, China and the United States go to war that ends in India's victory. The authors portray Indians as heroes whose statesmen-ship de-escalates World War III, negotiates peace and helps India emerge as the new global superpower. Patel, the Indian uncle of the Indian-American deputy national…

Divorce rate among foreign-born Pakistani-Americans with children is the third lowest of all immigrants in the United States, according to research recently published by the US-based Institute of Family Studies. Foreign-born Indian-Americans' marriages tend to be the most stable, followed by those of Bangladeshis and Pakistanis living in America.  On the other end of the spectrum, the divorce rates among immigrants from Latin-America are the highest of all ethnic groups. 

 …

Pakistan's technology exports are continuing their growth trajectory, soaring 44% in the first 9 months (July-March) of the current fiscal year 2020-21 to reach $1.512 billion. March 2021 saw record exports of $3.2 billion with goods worth $2.612 billion and services worth $564 million exported during the month.  …

When President Joseph R. Biden announced his decision to withdraw all US troops from Afghanistan, he said: "We will ask other countries in the region to support Afghanistan, especially Pakistan, as well as Russia, China, India and Turkey." Biden has also talked about the US reorganizing its counterterrorism capabilities in the region to be able to hit the target from “over the horizon.”  These discussions have triggered speculations about the Biden administration seeking access to military…

A recent United Nations report on inequality reveals that the richest 1% in Pakistan take 9% of the national income.  A quick comparison with other South Asian nations shows that 9% income share for the top 1% in Pakistan is lower than 15.8% in Bangladesh and 21.4% in India. These inequalities result mainly from a phenomenon known as "elite capture" that allows a privileged few to take away a disproportionately large slice of public resources such as public funds and land for their…

Until 2010, Bangladesh was a laggard in South Asia region. Its per capita income was about half of Pakistan's. Now Bangladesh has surpassed Pakistan as the Pakistani economy has suffered significant slow-down from the previous decade. In fact, the Pakistan economy grew at the slowest rate in South Asia as reflected in per capita incomes. However, the income inequality in Pakistan continues to be the lowest in South Asia. …