Staff Report Aamir Ibrahim, Chief Executive Officer of Jazz and Chairman of the Telecom Operators Association of Pakistan (ToAP), held a significant meeting with the Minister of State for IT and Telecommunication, Shaza Fatima Khawaja, on Friday. During the discussion, Aamir presented a comprehensive overview of the telecom sector’s vital contributions to bolstering Pakistan’s digital…
Staff Report Pakistan’s technology sector has witnessed significant growth, with IT exports soaring by 39% Year-on-Year (YoY) in January 2024. However, there was a slight dip of 13% Month-on-Month (MoM) during the same period. Despite this, January 2024’s IT exports surpassed the 12-month average, reaching US$265 million. This impressive YoY increase can be attributed to…
Staff Report Kaspersky experts have reported a 17 percent surge in cyber threats in Pakistan in 2023. convened during the 9th annual Cyber Security Weekend – META 2024 to discuss the evolving cyber threat landscape in the region. The focus was on the security challenges posed by emerging technology trends such as AI, which significantly…
By Newztodays Team Pakistan’s IT Minister, Dr. Umar Saif, has outlined a comprehensive array of initiatives aimed at bolstering the country’s IT sector and catalyzing economic advancement. These measures encompass a wide spectrum of strategies spanning from financial facilitation to infrastructural development, with the overarching goal of positioning Pakistan as a formidable player in the…
Staff Report Jazz, a prominent digital operator in Pakistan, has partnered with eConceptions to launch ‘Taqdeer,’ an innovative digital matrimonial service platform aiming to revolutionize the process of finding a life partner and building meaningful connections online. Taqdeer utilizes modern matchmaking algorithms to provide personalized recommendations based on individual profiles and relationship preferences. Incorporating astrological…
Staff Report PTCL’s loss jumped to Rs. 14 billion in 2023 despite posting revenue growth of 25.8 percent. Its Loss increased from Rs 10 billion in 2022 to PKR 14 billion in 2023 due to record-high interest rates and an increase in business costs. PTCL Group Growth has Surged ahead with 25.8% Revenue in 2023….
Staff Report The Economic Coordination Committee (ECC) has approved the allocation of Rs. 10 billion to prevent cybersecurity breaches. The Federal Minister for Finance, Revenue, and Economic Affairs, Dr. Shamshad Akhtar, chaired a meeting of the Economic Coordination Committee (ECC) of the Cabinet today. The ECC approved a proposal from the Ministry of Information Technology…
Staff Report With the upcoming Pakistan parliamentary election in February 2024, TikTok is actively engaged in combating misinformation to uphold the integrity of the electoral process on its platform. Demonstrating a steadfast commitment to fostering a secure and authentic information environment, TikTok has implemented various initiatives.Fact-Check: TikTok to Uphold Election Integrity in Pakistan In collaboration…
By Newztodays Team The telecom sector operator has said that the telecom equipment at high-rise buildings and other structures lacks standardized guidelines, while the stakeholders have criticized the Pakistan Telecommunication Authority (PTA) for not implementing the quality standards for mobile phone accessories. PTA has said clear procedures and guidelines have been established to ensure that…
The Securities and Exchange Commission of Pakistan (SECP) has permitted live testing of their innovative business model to nine applicants of Regulatory Sandbox. The application has completed its incubation period. The selected entities have been employing blockchain, AI, and other technology-based solutions for gold and real estate fractionalization, algorithmic trading, one-window SME lending, education finance,…