By NewzTodays Editorial Team | November 20, 2023

Staff Report Jazz Investment amounts to Rs20.6B in 2023 despite the macroeconomic challenges it faced during the year under review. Despite a remarkable 27 percent year-on-year (YoY) growth in overall revenues in the local currency, Jazz’s revenue declined by 3.5 percent in USD terms during the third quarter of 2023. This downturn was primarily attributed…

By NewzTodays Editorial Team | November 9, 2023

Staff Report The Punjab government has granted an exemption to IT sector from smog restrictions. The Punjab government decided in response to a request from the Pakistan Software Houses Association for IT & ITeS (P@SHA). Other businesses have also been granted exemptions. The businesses that have been exempted by the Punjab government include call centers…

By NewzTodays Editorial Team | November 2, 2023

Staff Report Pakistan has urged Saudi Arabia to facilitate Pakistani IT companies in travel and issuance of visas. Ambassador of the Kingdom of Saudi Arabia to Pakistan Nawaf bin Said Al-Malki called on Caretaker Federal Minister for IT and Telecommunication Dr. Umar Saif here on Thursday. Matters of mutual interest and related to IT and…

By NewzTodays Editorial Team | October 19, 2023

By Khadija Naveed The role of social media and its impact on Pakistani youth is very significant, as it has had a key influence on the social and political landscape. Social media is considered to be employing mobile and web-based technology to create highly interactive platforms. It refers to means of interaction among people in…

By NewzTodays Editorial Team | October 12, 2023

Staff Report The Ministry of IT & Telecommunication (MoITT) has on Thursday notified the Computer Emergency Response Team (CERT) Rules 2023, which will help counter cyber threats against government data. In his X message (formerly Twitter) the federal minister for IT and Telecom, Dr. Umar Saif, said adding that Pakistan requires protection of its cyberspace…

By NewzTodays Editorial Team | October 11, 2023

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…

By NewzTodays Editorial Team | October 4, 2023

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…

By NewzTodays Editorial Team | October 4, 2023

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…

By NewzTodays Editorial Team | October 3, 2023

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…

By NewzTodays Editorial Team | October 3, 2023

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….