TechLahore

Musings on technology, startups and software

Entries for the ‘Economy’ Category

Forex Remittances to Pakistan break all records, exceeding $1BN in a single month.


We usually keep a close eye on indicators such as the influx of remittances, our foreign reserves and stock indices. But what we’ve just learned about remittance trends for March has actually caught us off guard… and in a good way! Over the last several years, rising remittances to Pakistan have been part of an [...]

9 Comments

A different perspective on our future, a different view of Pakistan


The kind of vicious campaign that has been conducted against Pakistan and Pakistanis in the international media over the last many years is really unprecedented. It appears that one can’t pick up a newspaper or newsmagazine that doesn’t go to great lengths to paint a malicious and incredibly warped picture of Pakistan. It was several [...]

15 Comments

TechLahore’s Predictions for 2011


I just have a good feeling about 2011. I think it’s going to be a great year. I’ve thought a lot about where the optimism is coming from, and I don’t think it’s all subjective. Very important things happened in 2010, such as the incredibly pivotal visit by the Chinese Premier to Pakistan, Pakistan’s establishment [...]

10 Comments

Evaluating TechLahore’s Predictions for 2010


Back in December 2009, I had come up with a list of predictions for 2010. I may have gotten a little lucky this year, because many of these predictions were spot-on to an uncanny degree. Here’s how I fared: Political predictions I don’t see Asif Zardari making it through 2010. I think he will be [...]

7 Comments

The World’s Number 1 Best Selling BlackBerry Application is MADE IN PAKISTAN!


Just a couple of days ago we shared Pepper.pk’s amazing achievement; their Photo Editor application for Blackberry devices had made it to the Top 5 best selling BlackBerry applications on RIM’s AppWorld. Just when I thought it couldn’t get any better, I received an email from the Pepper.pk team who sounded on top of the [...]

26 Comments

With $70M investment, Qubee becomes latest WiMax vendor to enter Pakistani market


Pakistan blazed the WiMax trail and was the first major adopter of the technology, much before anyone in the neighbourhood, or even in the west. So far, WiMax is competing decently with various other mobile broadband options, such as EVO/EVDO. WiMax vendors in Pakistan have definitely had their challenges, but then that comes with the [...]

5 Comments

Pakistan’s Rekodiq mines attract $3.2B foreign investment


Pakistan is an incredibly rich country when it comes to mineral wealth. There are numerous estimates of how significant our reserves of oil, gas, coal, metals, gold, marble and salt might be but one has to keep in mind that all such estimates are the result of limited surveys. Just the Thar coal reserves are [...]

5 Comments

KSE heads north once more – crosses 10,000


The KSE’s experienced some ups and downs lately. Perhaps not as extreme as the Dow rollercoaster, but ups and downs nonetheless. It’s good to see there’s some positive movement now and there’s been a consistent recovery from the dip we saw a couple of months ago. The run-up has allowed the index to comfortably cross [...]

10 Comments

Latest Economist shows positive signs for Pakistan’s economy


I was browsing The Economist at a book store the other day and habitually jumped to the last few pages that showcase economic data and indicators from a number of different countries. Pakistan is one of the countries they cover, along with other asian economies such as China and India. The April 2010 data actually [...]

8 Comments

Bloomberg says Pakistan’s stocks cheapest in Asia, may rise by 23% by end 2010


The KSE has been a star performer for many years, and despite the dips in 2009 – mostly due to the global recession and associated troubles – the exchange is back with a bang! The chart has been trending solidly upward with the KSE index breaking the 10,500 pt psychological barrier and establishing a 19 [...]

5 Comments

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