What no one told you about Pakistan
Moody’s puts positive outlook for Pakistan’s economy
“Moody’s decision to revise the outlook on Pakistan’s foreign currency rating is primarily based on a stabilisation in the country’s external liquidity position, supported by the government’s strong commitment to reforms under an ongoing programme with the International Monetary Fund,” the firm said.
Pakistan’s foreign exchange reserves increased to $9.0 billion by the end of June 2014 from a low of $2.9 billion in early February 2014.
The country benefited from a new IMF programme, bilateral assistance and government deals that included the auctioning of 3G and 4G licences. A Eurobond sale in April also raised $2 billion. (more)
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Moody’s puts positive outlook for Pakistan’s economy

“Moody’s decision to revise the outlook on Pakistan’s foreign currency rating is primarily based on a stabilisation in the country’s external liquidity position, supported by the government’s strong commitment to reforms under an ongoing programme with the International Monetary Fund,” the firm said.

Pakistan’s foreign exchange reserves increased to $9.0 billion by the end of June 2014 from a low of $2.9 billion in early February 2014.

The country benefited from a new IMF programme, bilateral assistance and government deals that included the auctioning of 3G and 4G licences. A Eurobond sale in April also raised $2 billion. (more)

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The Robert Alexander Salon: From Lebanon to Lahore
The Nishat adds another much-needed amenity to its premises — the Robert Alexander Salon and Spa. It has created quite a stir in Lahore with its über modern interior and fantastic installations.
“I wanted The Nishat to be a one-stop shop for our clients, and it is important for a hotel to have a good salon,” says Iqra Hasan Mansha, owner of The Nishat.
“Not only is it important to cater to your spa needs, it is also vital to have good in-house stylists,” she adds. With guests flying in from Karachi and Islamabad for fashion and bridal weeks, and choosing to stay at The Nishat, it only seemed fit to have a state-of -the-art salon to cater to their hair and style needs. This is why it is great that Lebanese salon Robert Alexander has opened its doors to the Lahore market.
“I have always felt that the Lebanese have a great way with hair and are very artistic,” continues Mansha, “when I met Robert, I knew it was time to bring his services to Lahore and bring the hotel not just a great stylist but also an international touch.” (more)
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The Robert Alexander Salon: From Lebanon to Lahore

The Nishat adds another much-needed amenity to its premises — the Robert Alexander Salon and Spa. It has created quite a stir in Lahore with its über modern interior and fantastic installations.

“I wanted The Nishat to be a one-stop shop for our clients, and it is important for a hotel to have a good salon,” says Iqra Hasan Mansha, owner of The Nishat.

“Not only is it important to cater to your spa needs, it is also vital to have good in-house stylists,” she adds. With guests flying in from Karachi and Islamabad for fashion and bridal weeks, and choosing to stay at The Nishat, it only seemed fit to have a state-of -the-art salon to cater to their hair and style needs. This is why it is great that Lebanese salon Robert Alexander has opened its doors to the Lahore market.

“I have always felt that the Lebanese have a great way with hair and are very artistic,” continues Mansha, “when I met Robert, I knew it was time to bring his services to Lahore and bring the hotel not just a great stylist but also an international touch.” (more)

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Khyber Pakhtunkhwa – the other side of the picture
 “Gone are the days when law and order would keep the investors away from investment in particular area,” said Raziuddin, CEO of Khyber Pakhtunkhwa Oil and Gas Company.
“Chinese are working in Karak, a southern district of Khyber Pakhtunkhwa rich with oil and gas. Thanks to video-conference facility, Beijing and Karak are in touch and doing business,” said Mr Raziuddin while talking about the rich oil and gas prospects of Khyber Pakhtunkhwa in an event held recently. Security concerns may have been hurdle to the full exploitation of the potential of the area, still 10 companies are working in Southern districts rich with oil and gas, he said.
“Khyber Pakhtunkhwa is not as dangerous as Siberia or other countries in Africa where companies are working in oil and gas fields,” he said.
While he talked of how with just 10 million dollars any one could invest in oil and gas as the KPOGC was going to help with all the formalities, some investors from Gulf already seemed to have started taking interest. (more)
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Khyber Pakhtunkhwa – the other side of the picture

 “Gone are the days when law and order would keep the investors away from investment in particular area,” said Raziuddin, CEO of Khyber Pakhtunkhwa Oil and Gas Company.

“Chinese are working in Karak, a southern district of Khyber Pakhtunkhwa rich with oil and gas. Thanks to video-conference facility, Beijing and Karak are in touch and doing business,” said Mr Raziuddin while talking about the rich oil and gas prospects of Khyber Pakhtunkhwa in an event held recently. Security concerns may have been hurdle to the full exploitation of the potential of the area, still 10 companies are working in Southern districts rich with oil and gas, he said.

“Khyber Pakhtunkhwa is not as dangerous as Siberia or other countries in Africa where companies are working in oil and gas fields,” he said.

While he talked of how with just 10 million dollars any one could invest in oil and gas as the KPOGC was going to help with all the formalities, some investors from Gulf already seemed to have started taking interest. (more)

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Transgender moral police to clap down prices
 “If you don’t stop profiteering, you will go to hell!” shrieked Payal, a transgender as she clapped her hands loudly at a poultry seller.
“Who are you to say that to me?” came the burly man’s meek response. He knew full well that he was helpless against this moral police. These transgender inspectors have been authorised by the city’s commissioner to go around in markets and scold, embarrass and complain against those selling commodities at higher rates.
Two hours before Iftar on Wednesday, transgender Payal and Fouzia, accompanied Karachi Commissioner Shoaib Ahmed Siddiqui and the assistant commissioner of Saddar to the Empress Market in raid against profiteers.

The commissioner has included eunuchs in the campaign against profiteering as he feels their presence across the city can be effective. “Their role in the drive will also help them get respect in society,” said Siddiqui. (complete news)
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Transgender moral police to clap down prices

 “If you don’t stop profiteering, you will go to hell!” shrieked Payal, a transgender as she clapped her hands loudly at a poultry seller.

“Who are you to say that to me?” came the burly man’s meek response. He knew full well that he was helpless against this moral police. These transgender inspectors have been authorised by the city’s commissioner to go around in markets and scold, embarrass and complain against those selling commodities at higher rates.

Two hours before Iftar on Wednesday, transgender Payal and Fouzia, accompanied Karachi Commissioner Shoaib Ahmed Siddiqui and the assistant commissioner of Saddar to the Empress Market in raid against profiteers.

The commissioner has included eunuchs in the campaign against profiteering as he feels their presence across the city can be effective. “Their role in the drive will also help them get respect in society,” said Siddiqui. (complete news)

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PIA (Pakistan International Airlines) postcard from 1960s showing fawn colour summer uniform and moss green colour winter uniform for airline’s air hostesses designed by famous French fashion designer Pierre Cardin. The photo taken in Paris, France, shows air hostesses standing on Avenue des Champs-Élysées with Arc de Triomphe visible in the background.Mr. Chaudhry Abdul Rashid was the first to stitch this PIA uniform. PIA management sent him to Paris to work with Pierre Cardin and Mr. Pierre Cardin appreciated his work. Since then they are working with PIA. Right now under the name “Rashid & Sons” at Akhter Ali Umar Building,Dr.Daud Pota Road, opposite to Ice Berg, Saddar, Karachi. (via gulestan, karachiite)
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PIA (Pakistan International Airlines) postcard from 1960s showing fawn colour summer uniform and moss green colour winter uniform for airline’s air hostesses designed by famous French fashion designer Pierre Cardin. The photo taken in Paris, France, shows air hostesses standing on Avenue des Champs-Élysées with Arc de Triomphe visible in the background.

Mr. Chaudhry Abdul Rashid was the first to stitch this PIA uniform. PIA management sent him to Paris to work with Pierre Cardin and Mr. Pierre Cardin appreciated his work. Since then they are working with PIA. Right now under the name “Rashid & Sons” at Akhter Ali Umar Building,Dr.Daud Pota Road, opposite to Ice Berg, Saddar, Karachi. (via gulestankarachiite)

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Steel Mill People: So earlier this month I went with some friends to shoot at a Steel Mill near Lahore. It is interesting how scrap from all over the world come to places like this to be melted (at whooping 1700 degree Celsius) and converted to rods to be later re-rolled by men with very little safety gear on. It is a tough job and yes it does present with some interesting captures.

Will try to post some more later. (via umalik)

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Traditional shoes from Multan (aka Multani khusa - at Hussain Agahi via umalik)
More details here.
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Traditional shoes from Multan (aka Multani khusa - at Hussain Agahi via umalik)

More details here.

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Ali Rehan is the co-founder and CEO of Eyedeus Labs, a tech start-up (from LUMS) by Pakistani students that developed an innovative mobile application which caught the eye of major tech giants such as Google, Samsung, Huawei and LG.
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Ali Rehan is the co-founder and CEO of Eyedeus Labs, a tech start-up (from LUMS) by Pakistani students that developed an innovative mobile application which caught the eye of major tech giants such as Google, Samsung, Huawei and LG.

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Market share: Wireless takes over fixed line networks, PTA report reveals
As a sign that Pakistan is trying to keep pace with the global trend, wireless technology took over fixed line networks for the first time in the country, revealed Pakistan Telecommunication Authority’s annual report for the fiscal year 2013 (FY13).
The combined subscriber base of Fixed Local Loop [cable network] and Wireless Local Loop [wireless network], the report said, grew by 8.7% to reach 6.38 million at the end of June, 2013.
“Wireless technologies have finally taken over the leading position in the market with 59% share, while fixed line technologies hold 41%,” the telecom regulator said in the report.
According to a sector-wise analysis by PTA, the WLL sector added 473,737 new subscribers to reach 3.3 million at the end of FY13, which translates to a 16% year-on-year growth. The FLL sector, however, grew its subscriber base by a meager 1% during the same period to end at 3 million. (complete)
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Market share: Wireless takes over fixed line networks, PTA report reveals

As a sign that Pakistan is trying to keep pace with the global trend, wireless technology took over fixed line networks for the first time in the country, revealed Pakistan Telecommunication Authority’s annual report for the fiscal year 2013 (FY13).

The combined subscriber base of Fixed Local Loop [cable network] and Wireless Local Loop [wireless network], the report said, grew by 8.7% to reach 6.38 million at the end of June, 2013.

“Wireless technologies have finally taken over the leading position in the market with 59% share, while fixed line technologies hold 41%,” the telecom regulator said in the report.

According to a sector-wise analysis by PTA, the WLL sector added 473,737 new subscribers to reach 3.3 million at the end of FY13, which translates to a 16% year-on-year growth. The FLL sector, however, grew its subscriber base by a meager 1% during the same period to end at 3 million. (complete)

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How the fate of an artist is shaped by art collectors
The business of buying and selling artwork is a fascinating one. The dynamics of the art world have been dictated by the market, and this market constitutes a number of significant art collectors. Just like an accessory sported by an established celebrity becomes popular, items collected by art-loving heavyweights add to their value.
It all depends on where a piece of art finds its home. Throughout the course of time, collectors have lent impetus to the art market and played a major role in the success of many artists.
Nour Aslam, head of South Asian and Contemporary Art at privately-owned British auction house, Bonhams, talks to The Express Tribune about how Pakistani art is trending in the international market. (complete)
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How the fate of an artist is shaped by art collectors

The business of buying and selling artwork is a fascinating one. The dynamics of the art world have been dictated by the market, and this market constitutes a number of significant art collectors. Just like an accessory sported by an established celebrity becomes popular, items collected by art-loving heavyweights add to their value.

It all depends on where a piece of art finds its home. Throughout the course of time, collectors have lent impetus to the art market and played a major role in the success of many artists.

Nour Aslam, head of South Asian and Contemporary Art at privately-owned British auction house, Bonhams, talks to The Express Tribune about how Pakistani art is trending in the international market. (complete)

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