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https://www.southasiainvestor.com/2022/08/remembering-salam-qureishi-pillar-of.html Abdus Salam Qureishi, a successful technologist and entrepreneur, passed away last Saturday, August 6, 2022. He was 86. Inna lillahi wa inna ilayhi raji’un(‏ إنَّا لِلَّهِ وَإِنَّا إِلَيْهِ رَاجِعُونَ ‏). He was...

Pakistan’s Thar desert lignite coal boom gathers pace with SECMC mine hitting 10 Mt & SSRL mine starting up https://im-mining.com/2021/12/31/pakistans-thar-desert-lignite-coal-boom-gathers-pace-secmc-mine-hitting-10-mt-ssrl-mine-starting/ On December 17, 2021, Sindh Engro Coal Mining Company...

#US wood pellets export booming. #UkraineWar has cut off the supply of compressed-wood pellets from #Russia, #Belarus and #Ukraine to the #power plants in Western #Europe that burn them instead of #coal to reduce #carbon emissions. #energy...

Some of these plants, like Lucky's in Karachi, are designed to burn lignite coal. Right now Lucky is being fueled by imported lignite because of two problems: 1. Lignite production is just enough to meet the fuel requirements for the mine-mouth plants in Thar. 2. The rail-link needed for...

https://www.southasiainvestor.com/2022/08/pakistan-plans-to-convert-coal-fired.html With a new 330 MW mine-mouth coal-fired power plant in Tharparkar, Pakistan has now reached 990 MW of power fueled by the local lignite. Thar coal production is being expanded and plans are in place to convert...

StartUpBlink Report 2022: #Startup Ecosystem of #Karachi is ranked at number 291 globally, and shows a negative momentum decreasing -5 spots since 2021. Karachi also ranks at number 1 in #Pakistan, and 10 in #SouthAsia. #technology #Entrepreneurship...

The government has planned to increase the annual edible oil production up to 4.79 million tons over the next 10 years in an effort to take the country towards self-sufficiency in food commodities, especially in edible oil...

Pakistan has variety of climate zones ranging from cold and dry to hot and humid. Pak produces apples, peaches, oranges, mangoes and bananas. It can grow both olives and oil palms. https://www.riazhaq.com/2021/01/pakistan-among-worlds-largest-food.html

https://www.southasiainvestor.com/2022/08/pakistans-biggest-food-import-palm-oil.html Rising demand and soaring prices of cooking oil raised Pakistan's palm oil import bill to $4.5 billion in fiscal year 2021-22, according to government sources. Pakistan is the world's third largest importer of...

Maersk and SEED Ventures collaborate to improve agricultural exports from Pakistan July 28, 2022 By Jack Donnelly https://www.porttechnology.org/news/maersk-and-seed-ventures-collaborate-to-improve-agricultural-exports-from-pakistan/ Maersk Pakistan Private Limited (Maersk) and SEED Ventures...

Pakistan's military-run enterprises need upgrade to revive economy Corporate empire has potential to be globally competitive By Uzair Younus https://asia.nikkei.com/Opinion/Pakistan-s-military-run-enterprises-need-upgrade-to-revive-economy It is time to accept that rather than trying to cut...

https://www.southasiainvestor.com/2022/08/pakistan-next-electronics-manufacturing.html Soaring demand for consumer electronics and low labor costs are attracting major global smartphone manufacturers like Samsung to Pakistan. In 2021, local manufacturers produced 25 million handsets, up a...

#India’s #Trade #Deficit Widens to Record On Costly Imports, Weak #Rupee. The gap between #exports and #imports widened to $31.02 billion in July, from $26.18 billion in June. #Modi #BJP #Economy #Inflation #Currency #Forex...

#Pakistan’s #fintech #startup OneLoad secures $11 million in funding. This #investment round led by Sarmayacar and Shorooq Partners. Other investors include Gates Foundation and IFC. https://www.brecorder.com/news/40189369 The company said that "the strategic collaboration with regulated...

Racism, caste-ism and Islamophobia are very prevalent among upper caste Hindus in Silicon Valley. Both caste and religious discrimination are rampant among Indian-Americans in Silicon Valley. Back in 2009, there was a religious discrimination lawsuit filed against Vigai, a South Indian...

ibex. Pakistan which is also a subsidiary of TRG (The Resource Group) has announced that it will add a new, state-of-the-art, 500 Seat Facility in Karachi to cater to the expansion of its export of business process outsourcing services for some of its largest US-based customers in the retail and...

https://www.southasiainvestor.com/2022/07/pakistani-tech-startups-attract-record.html Technology startups in Pakistan received record $249 million funding during January-June 2022, up a whopping 171% from the same period last year. A total of 35 deals closed, up 6% from the first half of 2021...

https://www.southasiainvestor.com/2022/07/pakistan-agriculture-record-harvests.html In the first few months of 2022, Pakistan has exported more rice to China than Vietnam, the historic top supplier, according to the United States Department of Agriculture (USDA). Pakistan's total rice exports...

Corrupt politicians are their own category. They hide their loot in places like London, New York and Dubai. Some have called London the "Money Laundering Capital of the World" where corrupt leaders from developing nations use wealth looted from their people to buy expensive real estate and...

Rich people migrating from a lower middle income country signifies flight of capital. Lower & upper middle class workers migrating from a lower middle income country is aspirational.