Staff Reporter Caretaker IT Minister has said that the Federal Cabinet has given a green signal for the 5G spectrum auction. In a statement, he said that 300 megahertz spectrum will be available for 5G auction. A Spectrum Auction Advisory Committee was established under the chairmanship of the Caretaker Finance Minister. Minister of IT Telecommunication…
Staff Report In a groundbreaking decision, the Special Investment Facilitation Council has granted 50 percent Dollar Utilization for IT Firms. This decision allows IT companies to transfer their offshore accounts to Pakistan, said Dr. Saif caretaker IT Minister in a statement. He said that the current IT export volume, standing at $2.6 billion, could potentially…
Staff Report The world is going to hold its 24th annual celebration relating to World Space Week 2023 on October 4. This year marks the 24th annual celebration that will continue from October 4 to 10. The theme of the World Space Week 2023 is “Space and Entrepreneurship” this year. Origin of World Space Week…
Staff Report The Economic Coordination Committee (ECC) has approved the release of unsold IMT spectrum for the improvement of the next-generation mobile broadband services in Pakistan. The Ministry of Telecom and IT submitted a summary for approval. The economic decision making body approved formation of an advisory committee to work out a mechanism for the…
As part of the Securities and Exchange Commission of Pakistan’s (SECP) crackdown on illegal loan apps, it has been observed that some operators have started launching their illegal loan apps through Android Package Kit (APK) files, by using alternative channels such as websites, WhatsApp, etc. instead of uploading them on Google and Apple Play stores….
Staff Report Chinese tech giant Huawei has called for providing regulatory support for innovation to foster a thriving digital financial landscape. Mr. Ravenscroft’s VP Huawei Fintech emphasis on regulatory support for innovation is essential for fostering a thriving digital financial landscape, as demonstrated by success stories in Kenya and Ethiopia. Caretaker Federal Minister for…
Staff Report The government is planning to set up 5,000 Joint E-Working Centers For Freelancers. Caretaker Federal Minister for Information Technology and Telecommunications Dr. Umar Saif has said that steps are being taken to attract global investors in the proposed venture capital for startups. In this regard, he will also visit Saudi Arabia soon while…
Staff Report IT Exports in August 2023 in Pakistan amounted to US$235 million, recording a 10% increase on a Month-over-Month (MoM) basis. The increase was mainly due to a higher number of working days compared to July 2023. Segment-wise, Telecom and Computer Services exports increased by 12% and 9% MoM, respectively. These August 2023 IT…
USAID Mission Director has said that efforts are being Made To Increase Collaboration Between American Investors And Pakistani Companies. Caretaker Minister for IT and Telecommunications Dr Umar Saif offered the diaspora to come and unlock Pakistan’s investment potential, he extended all his support for the “Investment in Pakistan” Conference to be held in the USA…
Staff Report Everyone is looking toward the launch of the new iPhone 15 series on September 12 with rumors of its prices and other features. Apple launches a new version of the iPhone every year and this year it is going to launch the iPhone 15. The users of the iPhone are ambitious to know…