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HNL contemplating right shares issue of Rs140 million for Hum Mart

In late February, HNL had announced the incorporation of HM as its wholly-owned subsidiary and enter the online grocery business in Pakistan

What comes next in Facebook’s major data breach

Facebook confirmed late Friday that third-party apps, including its own Instagram app, could have been affected

Govt’s tax collection can go through the roof

From an academic to leading Punjab’s digital revolution, PITB Chairman Umar Saif has overseen the largest land record digitisation in Pakistan in an effort to not just end corruption and land grabbing but in a bid to promote land as a liquid asset

Dawood Hercules backs off Rs17.453 billion deal with Edotco Pakistan

At end of August 2017, DHCL in partnership with Edotco entered into an agreement with Veon Pakistan Limited to acquire its wireless tower business in Pakistan for $940 million.

CPEC digital information channel fully connected

'On July 13, the 2,950-kilometer-long China-Pakistan optical cable from Urumqi to Rawalpindi was fully connected and tested well.'BEIJING: The 'China-Pakistan Economic Corridor (CPEC) digital information...

PTI earmarks $2 billion for e-governance systems

The incoming government in its manifesto said it intends to create 10 million jobs over the course of next five years

Zong 4G partners with Daewoo Express

Zong 4G and Daewoo Pakistan Express Bus Service recently entered into a strategic partnership to enhance connectivity on-the-go.

98pc increase in budget allocation to boost IT sector

All the projects were funded by the indigenous resources of the government and not a single penny is taken as a foreign grant, revealed the budgetary document

VEON eyes to buy GTH’s assets in Jazz for $2.55 billion

Global Telecom’s capital amounts to EGP 2.7 billion distributed over 4.7 billion shares at a par value of EGP 0.58 per share.

Broadband connections witness 67 per cent growth

In 2013-14 the number of broadband connections stood at 13,205, which grew to 15,084 in 2014-15, 18,012 in 2015-16 and clocked in at 22,004 during 2016-17.

Pakistan, the next outsourcing hub?

With India and the Philippines ratcheting up the rates, will Pakistan be able to jump on the BPO bandwagon?

NetSol closes UK subsidiary amid ‘unfeasible’ operating, net margins

LAHORE: NetSol Technologies Limited, which is one of the biggest software/IT outsourcing companies in the country, in a letter issued today to the Pakistan...

MoC finalises Trade Dispute Resolution Act 2018 draft

TDRC aims at swift and effective resolution of domestic and international trade disputes

Samsung to pay $539 million to Apple in patent retrial

Apple this year told jurors it was entitled to $1 billion in profits Samsung made from selling infringing phones, saying the iPhone’s design was crucial to their success.

Pakistan exports IT products, services to over 100 countries: Anusha Rahman

ISLAMABAD: The Information Technology (IT) export market of Pakistan has expanded to over one hundred countries during the last five years of the incumbent government,...

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Dearth of economic experts in Finance Ministry irks PM

‘There is not a single ministry official who holds a PhD degree in the field of economics and finance’ ‘Secretaries have mostly been...

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Pakistan ‘gifts’ 15,000 livestock animals to Gulf countries despite ban

'Influentials sitting in important ministries and those belonging to foreign missions were involved in the export after taking permission from former PM Abbasi' ISLAMABAD: Despite a...