TechLahore

Musings on technology, startups and software

Entries for the ‘Economy’ Category

The World is catching up to the West


Tweet For many hundreds of years, the West has symbolized development, prosperity and riches, while the rest of the world – the horrendously named, “Third World” in particular – has been synonymous with backwardness, disease and hunger. Let us, for the moment, forget that much of this disparity was actually a result of exploitation by [...]

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TechLahore’s Predictions for 2012


Tweet 2012 is going to be a very interesting year. Elections are coming up in two very important countries, Pakistan (in early 2013) and the United States (2012). The US’ confrontation with Iran has both countries making threats and accusations and heading in a direction that seems to be escalatory. Further, the US has retreated [...]

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Evaluating TechLahore’s Predictions for 2011


Tweet We’ve been publishing since 2007 and TechLahore is hence not exactly a “new” blog. As institutions age, they accrue tradition, and TechLahore is no different. Our December evaluations of the past year’s predictions have been happening now for the past several years. In January, we’ll follow-up with a new set of predictions for 2012. [...]

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Say hello to Pakistan’s first domestically produced armed drone: The Burraq UCAV


Tweet Since the war on terror started in Afghanistan back in 2001, the United States Air Force has employed various different UAV platforms to target insurgents and the Taliban. Both on Afghan soil as well as in Pakistani territory, with the covert approval of the Pakistan government. Observing the efficacy of UAV platforms like the Predator, [...]

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Pakistan needs to get its act together on Agri-tech


Tweet For 5,000 years, the economic well being of the people of what is now Pakistan has been secured through agriculture. Even as Pakistan has rapidly modernized over the last 6 decades since independence, a very large component of the economy is still agriculture based. And in these days of population pressure globally, shortfalls of [...]

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Hello South Africa!


Tweet Pakistan and South Africa have a connection dating back at least 150 years. During colonial times, a large number of people from the sub continent moved to South Africa to work and find business opportunity. Today, there is a significant presence of Muslim South Africans in the business community in that country and people of Sub-continental [...]

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Pakistan’s foreign reserves rise to all time high of $18.25B


Tweet There’s been a flurry of economy related news about Pakistan recently, and we’ve tried to hit the highlights at least. Another positive development is the substantial growth in Pakistan’s foreign reserve position which has now reached an all time historic high of $18.25B. This increase is due to many factors, the two most important [...]

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How Hate Makes Money


Tweet I don’t usually share stuff like this, but this particular piece of garbage is so preposterous - while at the same time – villainous, that it just has to be commented on. I chanced upon it at a financial website I visit quite routinely. The “presentation” in question is basically an ad for a company called [...]

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Four pieces of good news for the Pakistani Economy


Tweet There’s quite a bit to feel good about with respect to the recent news regarding the Pakistani economy. Here is a quick summary: 1) When the floods hit, there was widespread reporting that the budget deficit would hit 7% and in fact, some commentators from across the border even speculated that it would reach [...]

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Karachi Stock Exchange says loud “meh” to the media and closes at 3 1/2 month high


Tweet With all the nonsense in the press since May 2, you would think the world was about to come to an end. But no. As usual, the NY Times and WaPo have about as much credibility on the subject of Pakistan as do the predictions of that nutcase  Denver based right-wing priest, Harold Camping, [...]

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