Riaz Haq's Blog – October 2014 Archive (7)

Multi-dimensional Poverty Index: India 2nd Worst After Afghanistan in South Asia

"India is home to over 340 million destitute people and is the second poorest country in South Asia after war-torn Afghanistan...In South Asia, Afghanistan has the highest level of destitution at 38%. This is followed by India at 28.5%. Bangladesh (17.2%) and Pakistan (20.7%) have much lower levels"  Colin Hunter, Center for Research on…
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Added by Riaz Haq on October 29, 2014 at 8:14pm — 11 Comments

Karachi Shares Index Outpacing Developed, Emerging and Frontier Market Indices

Pakistan lost its place in MSCI  Emerging Markets Index in December 2008. It was included in MSCI Frontiers Market Index in May 2009.  Some analysts believe that Pakistan could re-gain the Emerging Market classification (which includes BRIC countries) in a couple of years.

Since the beginning…

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Added by Riaz Haq on October 29, 2014 at 7:33am — 7 Comments

Can Pakistan Stand Up to India in Conventional War?

Newly-elected Prime Minister Narendra Modi government's rhetoric about "jaw-breaking" (munh tod) policy toward Pakistan is the latest manifestation of a disease described by Indian diplomat Sashi Tharoor as "India's Israel…

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Added by Riaz Haq on October 19, 2014 at 12:00pm — 118 Comments

Pakistan: Land of Opportunity for Social Entrepreneurs

"All members of the Commission (on Social Entrepreneurship and Innovation) were agreed, Pakistan is a land of opportunity" i-genius Opportunity Pakistan Report April, 2014

i-genius, headquartered in London, calls itself a "World Community of Social Entrepreneurs". It promotes social entrepreneurship to a…

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Added by Riaz Haq on October 16, 2014 at 4:55pm — 1 Comment

Pakistan's First Bitcoin Exchange



"We plan to create a platform (Urdubit Bitcoin Exchange) where people feel safe with the world of Bitcoin and hopefully substitute it for trading locally as easily as Pakistani rupees, while giving everyone an opportunity to invest in this commodity." Zain Tariq, Urdubit, Pakistan




Zain Tariq and Danyal Manzar have launched Pakistan's first Bitcoin exchange called Urbudit, according to… Continue

Added by Riaz Haq on October 14, 2014 at 9:11pm — 7 Comments

NED University Alumni Meet in Silicon Valley; Talk Innovation

Hundreds of my fellow alumni of Pakistan's NED University of Engineering and Technology (NEDUET) gathered in Silicon Valley for tenth annual North America convention for three days starting Friday, October 10 through Sunday, October 12, 2014. They traveled from dozens of US states and Canada. Many, including… Continue

Added by Riaz Haq on October 13, 2014 at 3:30pm — 2 Comments

India-Pakistan Economies Compared in 2014

India and Pakistan are running neck and neck in per capita GDP in both nominal US dollar terms and purchasing power parity terms, according to data available from multiple sources.

Nominal and PPP GDP:

CIA…

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Added by Riaz Haq on October 3, 2014 at 9:00pm — 9 Comments

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    Blog Posts

    IDEAS 2024: Pakistan Defense Industry's New Drones, Missiles and Loitering Munitions

    The recently concluded IDEAS 2024, Pakistan's Biennial International Arms Expo in Karachi, featured the latest products offered by Pakistan's defense industry. These new products reflect new capabilities required by the Pakistani military for modern war-fighting to deter external enemies. The event hosted 550 exhibitors, including 340 international defense companies, as well as 350 civilian and military officials from 55 countries. 

    Pakistani defense manufacturers…

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    Posted by Riaz Haq on December 1, 2024 at 5:30pm

    Barrick Gold CEO "Super-Excited" About Reko Diq Copper-Gold Mine Development in Pakistan

    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…

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    Posted by Riaz Haq on November 19, 2024 at 9:00am

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