The Global Social Network
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. …
Added by Riaz Haq on April 24, 2021 at 7:00pm — 16 Comments
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…
ContinueAdded by Riaz Haq on April 23, 2021 at 11:30am — 20 Comments
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…
ContinueAdded by Riaz Haq on April 19, 2021 at 8:00pm — 20 Comments
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. …
ContinueAdded by Riaz Haq on April 14, 2021 at 6:30pm — 18 Comments
Americans see Pakistanis as "aggressive and violent" while Pakistanis say Americans are "loose, immoral and arrogant", according to research study findings of American cultural psychologist Michele Gelfand. She told an interviewer that the American media portrayed Pakistanis as "big bad wolf". Gelfand is a distinguished professor at the University of Maryland. She studies why different cultures…
ContinueAdded by Riaz Haq on April 11, 2021 at 1:30pm — No Comments
Dr. Mohsen Ali and Dr. Izza Aftab have won Google Research Scholar Award 2021, according to an announcement on Google AI Blog. Dr. Ali is an assistant professor of computer science at the Information Technology University (ITU) in Lahore, Pakistan while Dr. Aftab is an assistant professor of economics at the same university. …
Added by Riaz Haq on April 9, 2021 at 9:30pm — No Comments
State Bank of Pakistan is studying the issuance of central bank digital currency (CBDC), according to the country's central bank chief Dr. Reza Baqir. Recognizing Pakistan's growth potential, the San Francisco-based Stripe, valued at $95 billion, has recently invested in Safepay, a fintech startup in Karachi, Pakistan. Dr. Baqir spoke of both of these developments in an interview with CNN's Julia…
ContinueAdded by Riaz Haq on April 8, 2021 at 5:30pm — 14 Comments
Broadband subscriptions in Pakistan have soared from 2 million in 2012 to 100 million now, according to the country's telecommunications regulator. Ookla, recognized globally for its broadband speed testing, reports that Pakistan's average broadband download speed is 11.35 Mbps, while its upload speed stands at 10.7 Mbps. Thousands of kilometers of new fiber optic cable is being installed and mobile data usage in Pakistan has recently surged to 8,000 petabytes. Smartphone sales are also…
ContinueAdded by Riaz Haq on April 6, 2021 at 10:30am — 28 Comments
Mansour Abbas, 46-year-old Palestinian leader of an Islamic party, has emerged as the man who can make or break Israeli Prime Minister Benjamin Netanyahu's ambition of retaining the top elected office in his country. On Thursday, Abbas quoted from the Holy Quran in a primetime speech on Israeli National Television and said he was "a proud Arab and Muslim". …
Added by Riaz Haq on April 3, 2021 at 7:30pm — 4 Comments
Pakistan has about 1.2 million tube wells extracting 50 million acre feet of water every year for farm irrigation. NASA satellite maps show that Pakistan is among the places worst affected by rapid depletion of groundwater. …
ContinueAdded by Riaz Haq on April 1, 2021 at 11:03am — 8 Comments
Ever Given container ship that ran aground and blocked all shipping traffic through the Suez Canal, the busiest waterway in the world, has just been re-floated. The mega cargo ship's captain and the entire crew are Indian, the owners and shipbuilders are Japanese, the operator is German, the insurance company is British, the charterer is Taiwanese and the cargo is Chinese, according to media reports. The ship was reported blown aground by strong winds. …
ContinueAdded by Riaz Haq on March 28, 2021 at 9:30pm — 6 Comments
Sheikh Alam, a Muslim leader of Mamta Banerjee's Trinamool Congress Party, has recently been quoted in the Indian media as saying: "We (Muslims) are 30% and they (Hindus) are 70% They will come to power with the support of the 70%, they should be ashamed. If our Muslim population moves to one side then we can create four new Pakistans. Where will 70% of the population go?" …
ContinueAdded by Riaz Haq on March 27, 2021 at 11:30am — 49 Comments
Pakistan's technology exports shot up by 69% in February 2021 from the same month last year. Tech exports soared 41% for the first 8 months (July 2020-February 2021) of the current fiscal year from the same period period last year, according data released by the State Bank of Pakistan. …
![]() |
Added by Riaz Haq on March 23, 2021 at 9:00pm — 14 Comments
Amid the COVID19 pandemic, Pakistan's World Happiness ranking has dropped from 66 (score 5.693) among 153 nations last year to 105 (score 4.934) among 149 nations ranked this year. Neighboring India is ranked 139 and Afghanistan is last at 149. Nepal is ranked 87, Bangladesh 101, Pakistan 105, Myanmar126…
ContinueAdded by Riaz Haq on March 20, 2021 at 8:00pm — 3 Comments
"Putin is a killer", declared President Joseph R. Biden in a recent interview with George Stephanopoulos of ABC News. This stands in sharp contrast to what former President Donald J. Trump said in a 2017 Super Bowl Sunday interview Fox News when host Bill O'Reilly authoritatively declared Russian President Vladimir “Putin’s a killer.” Trump replied with the question: “What, you think…
ContinueAdded by Riaz Haq on March 18, 2021 at 9:30am — 61 Comments
Quest for sustainable fiber with antimicrobial properties has created a global market for hemp (بھنگ) that grows wild in Pakistan. The ongoing COVID19 pandemic and increasing climate concerns have given further impetus to this movement. Responding to shifting market preferences, major Pakistani denim makers Artistic Milliners and US Denim have now begun producing new denim fabrics blending cotton with …
ContinueAdded by Riaz Haq on March 15, 2021 at 9:30am — 11 Comments
Until 2010, Bangladesh was a laggard in South Asia region. Its per capita income was about half of Pakistan's. Now Bangladesh's per capita gdp is higher than both India's and Pakistan's. What changed? The biggest change is Bangladeshi leader Shaikh Hasina's decision to stifle the unruly Opposition and the media to bring political and economic stability to the South Asian nation of 160 million people. It has eliminated a constant sense of crisis and assured investors and businesses of…
ContinueAdded by Riaz Haq on March 11, 2021 at 9:30pm — 30 Comments
The recent shock defeat of Dr. Hafeez Shaikh, Prime Minister Imran Khan's nominee for the Senate, has former President Asif Ali Zardari's fingerprints on it. The former president and current co-chairman of the Pakistan Peoples Party orchestrated the buying of votes and arranged the hundreds of millions of rupees used for the purpose to ensure former Prime Minister Yusuf Raza Gilani's surprise victory in the recent Senate Elections. Zardari has been widely known to be "in his elements" when…
ContinueAdded by Riaz Haq on March 6, 2021 at 10:30am — No Comments
Vietnam has attracted major manufacturing and export-oriented industries that have relocated from China as the US-China trade war heated up. This process further accelerated during the COVID19 pandemic in the year 2020. As a result, Vietnam is now labeled by many analysts as "The Newest Asian Tiger". Bangladesh, too, has attracted export-oriented garment manufacturing industries. Can Pakistan follow Vietnam's and Bangladesh's examples? Pakistan was the original Asian Tiger back in the 1960s…
ContinueAdded by Riaz Haq on March 5, 2021 at 7:00pm — 12 Comments
The results of a test called "Supertest", developed by researchers from the US, China, Russia and India,, show that Indian engineering students perform very poorly relative to their peers in other countries. Supertest is the first study to track the progress of students in computer science and electrical engineering over the course of their studies with regard to their abilities in physics, mathematics and critical thinking and compare the results among four countries.
Supertest…
ContinueAdded by Riaz Haq on March 4, 2021 at 1:00pm — 5 Comments
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
South Asia Investor Review
Investor Information Blog
Haq's Musings
Riaz Haq's Current Affairs Blog
US Secretary of State Marco Rubio called Pakistan Prime Minister Shehbaz Sharif to discuss promoting “a durable peace between Israel and Iran,” the State Department said in a statement, according to Reuters. Both leaders "agreed to continue working together to strengthen Pakistan-US relations, particularly to increase trade", said a statement released by the Pakistan…
ContinuePosted by Riaz Haq on June 27, 2025 at 8:43pm
Pakistan imported an estimated 1.25 gigawatt-hours (GWh) of lithium-ion battery packs in 2024 and another 400 megawatt-hours (MWh) in the first two months of 2025, according to a research report by the Institute of Energy Economics and Financial Analysis (IEEFA). The report projects these imports to reach 8.75 gigawatt-hours (GWh) by 2030. Using …
ContinuePosted by Riaz Haq on June 14, 2025 at 10:30am — 3 Comments
© 2025 Created by Riaz Haq.
Powered by