The State Bank of Pakistan (SBP) has been blamed by the Ministry of IT and Telecom for the poor quality of the network in the country. This is because the SBP banned opening Letters of Credit (LCs) to import machinery and cable. The main reason for the non-standard internet in the country is the non-opening…
By Kalbe AliISLAMABAD: Zong 4G, the fourth telecom provider in the nation, debuted its digital payments platform “PayMax” on Friday. It has plans to soon offer nano loans as well as mobile device financing. PayMax has been launched by Electronic Commerce Company Limited (ECCL), a 100 percent owned subsidiary of China Mobile Pakistan (CMPAK) the…
Prime Minister Shahbaz Sharif on Friday expressed disappointment and serious concerns over low IT exports growth and directed to take measures on priority basis to tap full potential. Prime Minister Muhammad Shahbaz Sharif held a meeting regarding the promotion of exports in the field of information technology, especially IT. It was informed during the meeting…
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Technology promises new inventions day after day to make lives easier. Now, Garmin is going to bring revolution in your life when you would not be worried more about charging your watch after using one or two days. Garmin-the fitness watchmaker has announced now a new Solar-Powered Watch which Promises 70-Day Battery Life. So, this…
Analysts say that Startup funding is slowing down but is expected to cross 2021 levels Information Technology (IT) exports of Pakistan for September 2022 declined by 10% MoM and by 4% YoY to US$206mn primarily due to lower computer services exports. IT exports peaked at US$260mn in March 2022 and since then it has been…
The launching of 5G in Pakistan has been delayed due to political change in the country and is expected now to be rolled out in June 2023. The PTI government had given a deadline for launching 5G Technology in December 2022. Later this deadline was revised to March 2023. Key Takeaways Political Change Cause a…
With 15,351,388 videos removed, Pakistan ranked second in the world for the largest volume of videos taken down for community guidelines violations from 1 April 2022 – 30 June 2022. According to the latest Community Guidelines Enforcement Report; from Pakistan, 97% of videos were removed within 24 hours of being posted for violating Community Guidelines,…
Report As the cabinet Committee on institutional Reforms (CCIR) has pointed out procurement of poor quality tablets, Information Technology and Telecommunications has approached economic policymakers to allow the procurement of 150 new tablets for cabinet members. The Cabinet Committee on institutional Reforms (CCIR) had raised questions over the size and quality of existing tablets given…
IT exports in August 2022 have remained flat whereas Starts Up Funding has also declined which shows a bleak picture of the IT sector in Pakistan. Information Technology (IT) exports from Pakistan for August 2022 increased by 14% MoM to US$227 million but remained flat when compared to the same period last year (SPLY). It…