Aftab Ahmed Islamabad: The government has approved the changes in key parameters to lower the age limit for IT-related business to avail the loan under Prime Minister’s Kamyab Jawan-Youth Entrepreneurship scheme (PMKJ-YES), a move that will help to achieve the $5 billion IT export remittances target. This step aimed at boosting IT-related activities in the…
Aftab Ahmed Islamabad: State-run fixed-line monopoly—Pakistan Telecom Company Limited (PTCL)—and its subsidiary—Ufone—are under federal minister’s wrath for IT & Telecom for reported poor performance nationwide. Syed Aminul Haque IT Minister, in his tweet from the official account of the Ministry, had snubbed Ufone and PTCL for poor performance. “I have expressed strong anger over the…
Our Correspondent Islamabad: Pakistan and Uzbekistan signed an MoU to establish a Joint Working Group on Trade and Economic Affairs. They will also work together for trade enhancement, promote intergovernmental projects in different sectors, and improve connectivity. Uzbekistan’s delegation headed by Deputy Prime Minister and Minister for Investments & Foreign Trade Sardor Umurzakov arrived in…
Our Correspondent Islamabad: Pakistan has assured the European Union to adhere to the agreed timelines relating to GSP +, despite the difficulties caused by the Covid-19 pandemic. Ambassador of European Union to Pakistan, Ambassador Androulla Kaminara, called on the Advisor to the Prime Minister on Commerce & Investment, Abdul Razak Dawood, at the Ministry of…
Aftab Ahmed Islamabad: The Economic Coordination Committee (ECC) turns down a NAB representation proposal in an Advisory Committee. IT ministry intends to release the unsold spectrum for telecom companies. The IT Ministry proposed NAB representatives in the advisory committee to avoid issues in the future. The summary of the IT ministry is presented before ECC…
Our Correspondent Islamabad: The Chinese telecom giant Huawei is undertaking feasibility for setting up Pakistan’s mobile manufacturing facility. This was stated by a high-level delegation of technology giant Huawei led by Hou Tao, Global SVP Huawei Technology & President of Huawei Middle East & Africa called on Prime Minister Imran Khan at Islamabad on Tuesday….
News Desk The Pakistani showbiz industry’s biggest superstar, Mahira Khan, has revealed that her biggest secret talent includes running in Sarhi. According to media reports, Mahira Khan has made these remarks during an interview. The actress said that it’s lazy, but she wants everyone to do their jobs properly when she is at work. Mahira…
News Desk Engro Polymer has already increased its PVC prices in the last week of August by Rs6,270/ton. The increase is mainly due to supply shortfall internationally along with PVC major capacities in the United States starter plant turnaround in Mid August 2020. In response to plant turnaround in US markets, Turkey has also increased…
Moin Khan Islamabad: The government has given an extension in managing director Pak-Iran Investment Company Limited (PAIR) for a period of three years. The Pak-Iran Investment Company Limited (PAIR) established in January 2007 as a Joint Venture between the Government of Pakistan through the Finance Division and the Government of Iran through the Iranian Foreign…
Telenor— a Norwegian Teleco in Pakistan—is in the second position with 20% complaints of its consumer’s total registered online grievances at PTA’s portal. Aftab Ahmed Islamabad: Telenor went off-grid on Thursday due to multiple cuts in the optical cable in the South region. Telenor Pakistan, which captured 28% market share, has a poor quality of service,…