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Showing posts from April, 2013

Karachi Tops Growth Among World's Fastest Growing Megacities

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Karachi's population has grown 80.5% in the last decade, making it the world's fastest growing megacity, according to  recently released Demographia World Urban Areas Report.  Karachi is followed by Shenzhen, Lagos, Beijing, Bangkok, Dhaka, Guangzhou, Shanghai, Delhi, Jakarta and Istanbul.



Karachi is Huge:

The report says that Karachi is the world's 7th largest metropolis with an estimated population of nearly 21 million inhabitants packed in an area of 310 square miles, making it the 10th densest large city in the world. Demographia authors acknowledge that their estimate of Karachi's "population is lower than other estimates (such as the United Nations), which include metropolitan area population not within the continuously developed urban area".


Massive Influx of Migrants:

In addition to the normal migration patterns witnessed in the past, Karachi has also seen major influx of waves of refugees escaping conflict zones like FATA and Swat and many people dis…

Heli Skiing in Pakistan

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The Karakoram is home to the highest concentration of peaks over 8,000 meters high to be found anywhere on earth, including K2, the second highest peak of the world (8,611 m/28,251 ft). K2 is just 237 m (778 ft) lower than the 8,848 m (29,029 ft) tall Mount Everest. The range is about 500 km (311 mi) in length, and is the most heavily glaciated part of the world outside the polar regions.


While Mount Everest is considered the tallest peak at 8,848 meters (29,029 feet), it is K2, believed to be the second tallest at 8,611 meters (28,251 ft), that is documented as the most dangerous. In fact, there have been rumors circulating in the mountaineering world that new measurements show that K2 is actually taller than Everest. Rumors that it might actually be much, much higher - 12 feet taller than Everest - began in 1987 after a British expedition measured K2 and found it to be 29,041 feet. If confirmed, this new measurement, along with the greater challenge of K2, could hurt sig…

International Consumer Brand Names Find Success in Pakistan's Retail Sector

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Consumer spending in Pakistan has increased at a 26 percent average pace the past three years, compared with 7.7 percent for Asia, according to data compiled by Euromonitor International, a consumer research firm. Pakistan's rising middle class consumers  in major cities like Karachi, Lahore and Islamabad are driving sales of international brand name products and services.  Real estate developers and retailers are responding to it by opening new mega shopping malls such as Dolmen in Karachi and Centaurus in Islamabad.



Here's a recent video of a CNN report on "British Brand Invasion" from Dolmen Mall in Clifton district of Karachi:



 http://edition.cnn.com/video/#/video/world/2013/04/01/mohsin-bristish-brands-in-pakistan.cnn

Pakistan has continued to offer much greater upward economic and social mobility to its citizens than neighboring India over the last two decades. Since 1990, Pakistan's middle class had expanded by 36.5% and India's by only 12.8%, accor…