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In his recently published book "The Growth Map", Goldman Sachs' Jim O'Neill of BRIC fame has reiterated Pakistan's long term growth prospects as part of the Next 11 (N-11) group of nations which includes Bangladesh, Egypt, Indonesia, Iran, Mexico, Nigeria, Pakistan, Philippines, Turkey, South Korea, and Vietnam.…
ContinueAdded by Riaz Haq on March 22, 2012 at 10:00pm — 12 Comments
Spurred by a favorable regulatory and technology environment, Pakistan is witnessing dramatic growth in branchless banking, according to a March 14, 2012 report by the State Bank of Pakistan.
Here are some of the key indicators contained in the State Bank report:
1. Number of branchless banking accounts jumped 40 percent to 929,184 in October-December 2011 (Second quarter of FY2011-12) from the preceding…
ContinueAdded by Riaz Haq on March 16, 2012 at 9:13pm — 13 Comments
The revolutionary Khan Academy is a brainchild of Bangladeshi-American Salman Khan. It is growing in popularity among Pakistanis wishing to take advantage of "Free World Class Education" offered online via short 10-15 minute videos. The subjects range from math, physics, chemistry and biology to astronomy, history, economics, finance, engineering and medicine. Khan counts Microsoft founder Bill Gates among his fans and students. Gates has described…
ContinueAdded by Riaz Haq on March 14, 2012 at 10:00pm — 6 Comments
Here's a report about a new tourism portal for Pakistan:
Pakistan-explorer.com: A ray of hope in the clogged-up tourism culture in the country
Launched with a distinct vision of promoting the tourism culture in the country,…
ContinueGrowing at more than 55% a year and collectively employing 41,000, the winners of Pakistan Fast Growth 100 contest were announced by Harvard-based Allworld Network last week. Of these 100 entrepreneurial companies, 70 also qualified for the Arabia500, putting…
ContinueAdded by Riaz Haq on March 11, 2012 at 10:45pm — 3 Comments
Leaked emails by wikileaks suggest that dead Pakistani journalist Saleem Shahzad was working for the CIA. The emails show Stratfor's web of informers, pay-off structure, payment laundering techniques and psychological methods:
Email-ID 1644311
Date 2011-06-01 15:50:16
From burton@stratfor.com
To sean.noonan@stratfor.com, hoor.jangda@stratfor.com,…
NUST's new 132 Teraflop supercomputer has catapulted the Pakistani university's supercomputing center to the elite Top 200 list of supercomputing sites in the world, a list dominated by a handful of industrialized nations. National University of Science & Technology's supercomputer is named ScREC after its supercomputing research and education center. The cluster consists of 66 nodes equipped with a total of 30,992 cores. The NUST site…
ContinueAdded by Riaz Haq on March 9, 2012 at 8:30pm — No Comments
Complete gene mapping of a Pakistani citizen by Human Genome Project in Karachi has put the country on a very short list of nations which have accomplished this scientific feat. To assess the state of genomics and biotechnology in Pakistan, let's take a look at what is happening in the country in this field:
1. Researchers at the Panjwani Center for Molecular Medicine and Drug Research (PCMD) in Karachi collaborated with Beijing Genomics Institute (BGI) to complete gene mapping of Dr.…
ContinueAdded by Riaz Haq on March 1, 2012 at 7:30pm — 33 Comments
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Barrick Gold CEO Mark Bristow says he’s “super excited” about the company’s Reko Diq copper-gold development in Pakistan. Speaking about the Pakistani mining project at a conference in the US State of Colorado, the South Africa-born Bristow said “This is like the early days in Chile, the Escondida discoveries and so on”, according to Mining.com, a leading industry publication. "It has enormous…
ContinuePosted by Riaz Haq on November 19, 2024 at 9:00am
Citizens of Lahore have been choking from dangerous levels of toxic smog for weeks now. Schools have been closed and outdoor activities, including travel and transport, severely curtailed to reduce the burden on the healthcare system. Although toxic levels of smog have been happening at this time of the year for more than a decade, this year appears to be particularly bad with hundreds of people hospitalized to treat breathing problems. Millions of Lahoris have seen their city's air quality…
ContinuePosted by Riaz Haq on November 14, 2024 at 10:30am — 1 Comment
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