South Asia Investor Review

Migration data for 2016 released by Organization for Economic Cooperation and Development, the club of rich industrialized nations of Europe, North America and East Asia, shows that a growing number of Pakistanis are migrating to its non-English Speaking member countries. Traditionally, most Pakistanis migrating to rich industrialized nations have preferred to go to English-Speaking nations. The biggest factor driving such migrations appears to be the growing labor shortages caused by aging populations and declining birth rates in OECD member nations. Migration to Non-English Speaking OECD Nations: Among the biggest non-English Speaking OECD destinations in 2016 for Pakistani migrants are Italy (14,735)  , Germany (12,215), Spain (6,461), South Korea (2,724), Japan (1,486), France (1,350) and Sweden (1.211).  Pakistani Migration to Non-English Speaking OECD Nations in 2016. Source: OECD Among English Speaking OECD nations, the top destination for Pakistani migrants continues t...

This weekend's Gay Pride Parade in New York City will mark the 50th anniversary of America's Gay Rights Movement. It will feature Tan France, a fashion designer of  Pakistani origin  who stars in award-winning Netflix series "Queer Eye". Born Tanveer Wasim Safdar in England, Tan France was raised in Doncaster, South Yorkshire in a very strict British Pakistani Muslim household. Tan's partner is Rob France, an illustrator from Salt Lake City, Utah. They have been together for 10 years. After studying fashion design at Doncaster College, Tan France began working for Zara as a fashion designer. In late 2011, France created a women's clothing line, Kingdom and State, before moving to the United States in 2015. Tan has recently shot to fame as a star of  Emmy Award winning Netflix series "Queer Eye". Page Six  is reporting that  Netflix series "Queer Eye" cast, including Tan France,  Berk, Karamo Brown, Jonathan Van Ness and Antoni Porowsk...

Three daughters of a Karachi rickshaw driver named Amjad Ali are attending top universities in Pakistan. All three graduated from The Citizens Foundation's K-12 schools located across Pakistan, including poor districts of Pakistan's megacity of nearly 20 million residents. Amina Amjad, the eldest is studying at Dow University of Health Sciences (DUHS) to become a medical doctor, the second daughter is enrolled in Shaheed Zulfikar Ali Bhutto Institute of Science and Technology (SZBIST) to become an engineer and the third Muskan Amjad is going to the Institute of Business Administration (IBA), Karachi's top business school on a full scholarship. Girls' Education:  Muskan Amjad This would be unusual for a poor man's children attending top universities regardless of gender. What makes it particularly noteworthy is that these are daughters of a poor man in a country where girls' education is often ignored.  “People often mocked and criticized me, saying that ...

Private vehicle ownership in Pakistan has risen sharply over the last 4 years. More than 9% of households now own cars, up from 6% in 2015. Motorcycle ownership has jumped from 41% of households in 2015 to 53% now, according to data released by Federal Bureau of Statistics (FBS) recently. There are 32.2 million households in Pakistan, according to 2017 Census. Vehicle Ownership in Pakistan. Source: PBS Total number of vehicles registered in Pakistan increased 9.6% to 23,588,268 in 2018, up from 21,506,641 vehicles in 2017. Of all the vehicle categories, motorcycles saw the biggest increase of 11.5% reaching 17,465,880. Cars, jeeps and station wagons rose 5.3% reaching 3,043,593. Trucks surged to 277,416 and buses to 236,461, according to Pakistan Today . Pakistan is now the 5th largest motorcycle market in the world after China, India, Indonesia and Vietnam. With 7,500 new motorcycles being sold everyday, Pakistan is also the among the world's fastest growing two-wheele...

Pakistan's garments exports to the United States have jumped 12% in first quarter of 2019 from the same period a year ago, according to USITC Dataweb.  This double digit exports growth is being partly attributed to US President Donald's Trump ongoing trade war with China with the US government imposing 10% to 25% tariffs on certain Chinese goods. Pakistani rupee devaluation has also contributed to the nation's overall competitiveness. Textile Exports to United States. Source: Bloomberg American buyers are diversifying their supplier base away from China, the No. 1 exporter of these goods to the U.S. Already, Bangladesh is close to snatching the trousers-to-towel crown, according to Bloomberg News . Pakistan, at No. 6 last year, has grown its own shipments to the U.S. by almost 12% this year. It may overtake India, which has seen virtually no improvement. Pakistan's Real Effective Exchange Rate (REER). Source:  Bloomberg Pakistani apparel exports are beco...

Large numbers of Pakistanis  headed north  for respite from summer heat during Eid ul Fitr holidays last week. Tens of thousands went to Swat using the newly built Swat Expressway while others chose even cooler temperatures in the heights of the Karakoram mountain via the improved Karakoram Highway. Karakoram Highway Some of the preferred tourist destinations included Hunza, Astore, Fairy Meadows, Neelum Valley, Swat and Kumrat. In addition to using tents in camping areas, many tourists found accommodations in public rest houses ordered opened by Prime Minister Imran Khan. Fairy Meadows near Nanga Parbat in Gilgit Baltistan Swat Expressway: Over 60,000 vehicles used the expressway to enter Swat Valley over Eid holidays, according to local officials as reported by  Pakistani media . It's a far cry from early 2009 when the  Taliban appeared to be in control of Pakistan's Swat valley , and the US politicians and international media were deeply concerned about the  ...

If you read Pakistan media headlines and donation-seeking NGOs and activists' reports these days, you'd conclude that the social sector situation is entirely hopeless. However, if you look at children's education and health trend lines based on data from credible international sources, you would feel a sense of optimism. This exercise gives new meaning to what former US President Bill Clinton has said: Follow the trend lines, not the headlines. Unlike the alarming headlines, the trend lines in Pakistan show rising school enrollment rates and declining infant mortality rates. Key Social Indicators: The quickest way to assess Pakistan's social sector progress is to look at two key indicators:  School enrollment rates and infant mortality. These basic social indicators capture the state of schooling, nutrition and health care. Pakistan is continuing to make slow but steady progress on both of these indicators. Anything that can be done to accelerate the pace will h...