Govt Blocks 43 Illegal Loan Applications

    By NewzTodays Editorial Team | July 17, 2023

    By Omed Hajjana The government has blocked 43 illegal loan applications following the directions of the IT Minister. On the directives of Federal Minister for IT and Telecommunication Syed Amin Ul Haque, forty-three illegal loan applications have been blocked. The Federal Minister for IT gave direction to Chairman PTA Maj Gen (Retd) Hafeez Ur Rehman…

    Mobilink Bank Records 232% Growth in Profit in H1 2023

    By NewzTodays Editorial Team | July 11, 2023

    Mobilink Bank’s H1 2023 Financial Results Highlight a 232% Growth in Profit Before Tax Mobilink Bank exhibited an impressive growth trajectory in its financial performance during the first half of 2023, reflecting its unwavering dedication to excellence, as per the unaudited/unreviewed financial statements. With a 57% increase in total revenue, the Bank showcased its proficiency…

    Pakistan’s IT Exports in May 2023 Surge 24%, Reach US$236mn

    By NewzTodays Editorial Team | June 21, 2023

    Pakistan’s IT exports in May 2023 increased by 24% MoM. Segment wise Telecom and Computer Services increased by 92% and 11% MoM.  Among Computer Services, the Export of Software, Other Services, and Software Consultancy increased by 14%, 13%, and 8% MoM respectively.  IT exports increased on an MoM basis due to a higher number of…

    Govt to introduce Fixed Tax regime for IT Sector

    By NewzTodays Editorial Team | June 6, 2023

    Our Correspondent The government has decided to introduce fixed tax regime for IT sector to promote exports in the upcoming budget. The government has also planned to offer incentives to those who want to start new businesses in the IT sector. The Prime Minister directed the preparation of a comprehensive package for the information technology…

    IT Ministry Seeks Rs 16.5B Allocations in Budget 2023-24

    By NewzTodays Editorial Team | June 5, 2023

    Our Correspondent The Ministry of IT and Telecommunication is seeking Rs 16.5 billion allocations in Allocations in Budget 2023-24 for new and ongoing projects. The budget encompasses both developmental and non-developmental expenses of the ministry and its affiliated institutions, with the non-developmental expenditure amounting to Rs 10.5 billion. Uzbekistan to Invest in E-Commerce, Trade and…

    Senate Body Directs PTA to Provide Income Details of Telecom Firms

    By NewzTodays Editorial Team | May 26, 2023

    By: Omed Hajjana A parliamentary Committee on Information Technology and Telecommunication on Friday asked the Pakistan Telecommunication Authority (PTA) to come up with compressive income details of telecom firms in the last ten years. The parliamentary body is seeking details of revenue generated by telecom companies which include Jazz, Telenor, Zong and Ufone. While keeping…

    University of Chakwal inaugurates E-Rozgaar Centre

    By NewzTodays Editorial Team | May 26, 2023

    University of Chakwal has inaugurated the E-Rozgaar Centre. The newly established center was launched by the Advisor to CM Punjab on Youth Affairs & Sports, Dr. Bilal Khan. Additionally, an MOU signing ceremony took place for the post-project continuation. The MoU was signed by PITB e-Governance Saajid Latif and Vice-Chancellor of University of Chakwal, Dr….

    Govt to approve National Artificial Intelligence Policy

    By NewzTodays Editorial Team | May 24, 2023

    Government plans to train 0.1 million graduates in artificial intelligence in next five years As Chatgbt revolutionize the world, the government has decided to announce National Artificial Intelligence Policy in order to moving alongside the digital world. The objective is also to promote use of artificial intelligence in the country.Artificial Intelligence: ChatGPT, AI Tools and…

    SAP MD Urges Govt to Address LCs Issue

    By NewzTodays Editorial Team | May 22, 2023

    Managing Director German tech firm SAP Saquib Ahmad has demanded the government to immediately address LCs issue that has badly affected their business in Pakistan.  Saquib Ahmad, Managing Director, SAP Pakistan, Iraq and Afghanistan, interacted with the media here.  The media meetup was to highlight the collaborative efforts of SAP and Government of Pakistan in…

    72% Spike in cybercrime in Spain: Businesses boost Cybersecurity Investment

    By NewzTodays Editorial Team | May 8, 2023

    Cybersecurity is one of the most important and urgent issues in the digital age in which we live. Every day, problems related to cybersecurity failures increase in number and sophistication.  In Spain, without going any further, more than 375,000 computer crimes were registered in 2022, 72% more than in 2019, according to the latest cybersecurity campaign . of the…