TechLahore

Musings on technology, startups and software

Entries for January, 2009

Pakistan's forex reserves grow to $10.21BN: IMF says goals being met and China provides additional $500M

Pakistan’s forex reserves continue to see healthy growth with the latest figures showing a $260M increase since the 1st of January, 2009. The total pool of reserves now stands at $10.21BN. With additional measures being taken to shrink the trade gap – which has already seen a major reduction – the reserves are expected to [...]

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Information Technology Venture Capital is Dead – Part I

Accuse me all you want for having an alarming title like the above, but I’m sticking to my guns. A lot is wrong with the venture model in general, but the malaise that has afflicted IT VC has reached an incurable situation. I’ll summarize what I see happening and then explain it all a little [...]

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Calling all Makers, Hackers, Inventors and Builders in Pakistan

One of the things I’ve always felt Pakistan needs a LOT more of is the “Do it yourself” culture. For one reason or another, while there is invention happening out of necessity, whether it is in the defence labs of NDC or ordinary villages where an everyday problem needs to be addressed, “doing it yourself” [...]

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Pakistan's PIA is back. In Black.

Pakistan International Airlines has an amazing history. It was, through the 50s, 60s and 70s, perhaps Asia’s leading airline. These were the days of Pierre Cardin designed uniforms, amazing ads, trail blazing destinations (PIA was one of the world’s first non communist airlines to fly to Beijing) and unparalleled service.
Starting in the 70’s, though, things [...]

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Pakistani company builds jawdropping, futuristic dwellings

No, this isn’t a CGI image depicting the interior of a dwelling on a terraformed Mars. Beyond the gorgeous glass windows are Islamabad’s beautiful Margalla hills and nestled amongst them is the Luna hut. This futuristic home is the genius of a Pakistani company, Pakhuts.com.
Mostly pre-fabricated, but secured to a firm foundation, these chalets provide [...]

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World Bank slaps Satyam with 8 year ban. Is the Indian Government complicit in cyber espionage?

If the title confuses you, let me quickly catch you up on this story. Satyam is one of the largest IT companies in India and has been the darling of the Indian outsourcing industry for some time now. The company is/was run by Ramalinga Raju, who has been hailed as one of the leading lights [...]

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TechLahore's Predictions for 2009

Last year, I listed out a set of predictions and just recently I evaluated how they turned out. But on to more important business: what’s 2009 going to be like for Pakistan, for the IT industry and for the world at large? There are lots of very important trends unfolding before our eyes and they can [...]

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Evaluating TechLahore's predictions for 2008

Exactly a year ago, I published a list of economic, IT and political predictions for 2008. I guess I didn’t do very badly, but where I was wrong, it was due to my optimism. But then, 2008 has been a pretty tough year for almost the entire world. Plenty of surprising, unsettling things happened and [...]

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