The Global Social Network
Added by Riaz Haq on December 16, 2017 at 8:00am — 20 Comments
Pakistan's average mobile broadband speed of 13.1 megabits per second is the fastest in South Asia, according to Ookla Global Speed Test Index 2017. Mobile broadband speeds in other South Asian countries are: Myanmar 11.7, Nepal 11, Sri Lanka 9.3, India 8.8 and Bangladesh 4.97.…
ContinueAdded by Riaz Haq on December 12, 2017 at 8:00pm — 9 Comments
Media reports indicate that pro-India Nepali Congress Party (NCP) led by Sher Bahadur Deuba is heading toward a major defeat in parliamentary elections. Nepalese people have shown strong preference for the Opposition left-wing alliance led K.P. Sharma Oli and Pushpa Kamal Dahal Prachandathat that could garner two-thirds majority in the national legislature. The 2015-16 blockade of Nepal by India appears to have played a decisive role in voters' choice.…
ContinueAdded by Riaz Haq on December 10, 2017 at 9:44pm — 8 Comments
The share of national income of Pakistan's poorest 20% of households has increased from 8.1% to 9.6% since 1990 , according to the United Nations Economic and Social Commission for Asia and Pacific (NESCAP) Statistical Yearbook for 2015. It's the highest share of income for the bottom income quintile in the region.
Income Share Change in Asia's Poorest…
ContinueAdded by Riaz Haq on December 5, 2017 at 8:00pm — 7 Comments
Added by Riaz Haq on December 2, 2017 at 9:46pm — No Comments
Pakistan Supreme Court has recently taken notice of the drying water pond at Katas Raj temple located in Chakwal district in the nation's Punjab province. Hindus believe that it was formed from the tears Lord Shiva shed after the death of his wife Sati.
Why is the temple pond drying up? What is happening to the water source that used to keep it full? Is it symptomatic of a much larger …
ContinueAdded by Riaz Haq on December 2, 2017 at 3:00pm — 11 Comments
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.…
ContinueAdded by Riaz Haq on November 30, 2017 at 8:00pm — No Comments
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…
ContinueAdded by Riaz Haq on November 29, 2017 at 8:44pm — 9 Comments
Added by Riaz Haq on November 27, 2017 at 12:00pm — No Comments
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
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.…
ContinueAdded by Riaz Haq on November 22, 2017 at 6:30pm — 6 Comments
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…
ContinueAdded by Riaz Haq on November 21, 2017 at 11:00am — 28 Comments
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 …
ContinueAdded by Riaz Haq on November 18, 2017 at 10:30pm — 11 Comments
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
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…
ContinueAdded by Riaz Haq on November 13, 2017 at 12:31pm — 4 Comments
Added by Riaz Haq on November 11, 2017 at 9:04am — 2 Comments
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…
ContinueAdded by Riaz Haq on November 9, 2017 at 11:00am — 8 Comments
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
Added by Riaz Haq on November 4, 2017 at 11:00pm — 17 Comments
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Pakistan's KSE-100 index soared 86% in 2024, making it the second best among major indexes, according to Bloomberg News. The 2024 performance of KSE-100 represents its best year since 2002 when it shot up 112%. The top 3 performing stock markets in 2024 were Argentina (114%), Pakistan (88%) and…
ContinuePosted by Riaz Haq on January 3, 2025 at 5:00pm — 2 Comments
"Leave India! It's High Time!!" screams out a recent Reddit post that has gone viral! The poster who claims to be an Indian entrepreneur warns of impending "terrible economic collapse" with a "massive depreciation of the Indian rupee".
The now-deleted post, written by a user named ‘u/anonymous_batm_an,’ urges high-earning professionals, especially innovators, to leave …
ContinuePosted by Riaz Haq on December 25, 2024 at 12:20pm — 15 Comments
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