South Asia Investor Review

Pakistan recently held its second International Maritime Expo and Conference (PIMEC-25) in Karachi where it announced ambitious plans to expand its maritime sector and boost its blue economy. It is an initiative of the  Pakistan Navy , organized under the patronage of the Ministry of Maritime Affairs.  The country plans to invest a $100 billion in maritime development by expanding its national shipping fleet, building three new deep sea ports, adding a new shipyard at Gwadar, modernizing its fisheries, and upgrading maritime education. The plan called "Maritime @100" focuses on turning Pakistan into a regional maritime hub for trade, energy, food, and sustainability.  It aims to increase the sector's GDP contribution from the current 0.4%-0.8% to 4% by 2047. PIMEC 2025. Source: Lovin Karachi Pakistan has a 1,046 kilometers long coastline on the Arabian Sea with maritime sovereignty over 200 nautical miles deep Exclusive Economic Zone (EEZ) and 150 nautical miles of C...

DreamBig, a fabless semiconductor company founded by NED University alumnus Sohail Syed, has been acquired by Advanced RISC Machines (ARM) for $265 million. The Silicon Valley-based startup is developing networking chips for data centers, with hardware specifically designed to run AI applications. The startup  does not manufacture its own chips but instead licenses its designs to other semiconductor companies. It has had a partnership with Samsung’s foundry division to bring its hardware to market.  Sohail Syed, Founder and CEO of DreamBig Semiconductors Here's how DreamBig Semiconductor describes itself on its  website : "DreamBig Semiconductor is a chiplet-based networking company dedicated to providing comprehensive, high throughput solutions for the AI, Datacenter, edge compute and Automotive markets. Headquartered in San Jose, CA, USA, we have over 200 employees globally and partnerships with the largest semiconductor companies in the world.  Founded by RDMA exp...

"Ana minkum wa alaikum" declared Zohran Mamdani, the mayor-elect of New York City in his victory speech on November 4, 2025. The phrase translates to "I am from you and  and I am with you".  "New York will remain a city of immigrants, a city built by immigrants, powered by immigrants and, as of tonight, led by an immigrant", he added. Mamdani is the first Muslim and first immigrant of South Asian descent elected  New York City Mayor. At 34, he is not only the youngest but also the first mayor of the Big Apple who was born in Africa.  Zohran Mamdani Speaking Outside the Bronx Islamic Center With his landslide victory in the mayoral race, Mandani will join London Mayor Sadiq Khan to become the second Muslim mayor of a major western city.  Mamdani became the first New York mayoral candidate to win over a million votes since the 1960s — more than Rudy Giuliani or Mike Bloomberg ever received. Mamdani has received 50.4% of the votes counted so far. Cuomo is at...

Pakistan is emerging as a major arms supplier to developing countries in Asia and Africa. Azerbaijan, Myanmar, Nigeria and Sudan have all made significant arms purchases from Pakistan in recent years.  Azerbaijan expanded its order for JF-17 Thunder Block III multi-role fighter jets from Pakistan from 16 to 40 aircraft. The recent order extends a 2024 contract worth $1.6 billion to modernize Baku’s airborne combat fleet to $4.6 billion. This makes Azerbaijan the largest export customer of the Pakistan-made warplane. Bangladesh is negotiating purchase of up to 32 JF-17 Thunder Block III aircraft from Pakistan.  Pakistan PFX Concept Fighter. Source: Raksha Anirveda In Africa, Pakistan has recently signed a $1.5 billion contract to supply combat drones and military trainer aircraft. The order includes 150 armored vehicles, 220 drones and 10 K-8 Karakorum trainer/light attack aircraft.  Earlier in 2021, Pakistan sold three JF-17 Thunder fighter jets and ten Super Mushsha...

HS-1 is Pakistan's first hyper-spectral  satellite which is equipped with advanced hyperspectral imaging sensors capable of capturing data across hundreds of narrow spectral bands.  The satellite lifted off from China’s Jiuquan Satellite Launch Center on a Kinetica-1 rocket. It is expected to boost Pakistan's national capacities in areas such as precision agriculture, environmental monitoring, urban planning, and disaster management. Its high-resolution data will support improved resource management and strengthen Pakistan’s resilience to climate-related challenges.  Though the HS-1 satellite is primarily aimed at civilian applications, it will also have significant intelligence, surveillance and reconnaissance (ISR) capability for military applications. It is much more advanced than Pakistan's PRSS-1 satellite launched in 2018 which senses objects on earth in the optical RGB (Red-Green-Blue) range. The HS-1's high-resolution data will support improved resource manag...

The F-1 visas for Pakistani students are soaring amid a global decline, according to the US government data. The US visas granted to Pakistani students climbed 44.3% in the first half of Fiscal Year 2025 (October 2024 to March 2025) with warming relations between the governments of the two countries. The number of visas granted to Indian students declined 44.5%, compared to  20% fewer US visas given to students globally in this period.  The number of US visas granted to Pakistani students in the current year is on track to reach 5,800 which will be an all-time high.   F-1 Student Visa Trend For Pakistan 2018-2025. Source: ApplyBoard In Pakistan, 3,322 F-1 student visas were granted in fiscal year 2023. The number of F-1 visas issued in the first half of fiscal year 2025 was 1,928, an increase of 44.3% compared to the same period in the previous year. While the final numbers for fiscal year 2025 are not yet complete, Pakistan is on track to issue a high numb...