Pakistan to get faster, reliable internet as China backed submarine cable to start operations by end-2019
LAHORE: Pakistan internet backhaul is expected to receive a significant boost with the addition of an upcoming submarine cable called PEACE cable...
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.
SBP should allow banks to lend to software houses without fixed collateral: CEO Systems Ltd
LAHORE: Systems Limited CEO Asif Peer has suggested a set of overarching reforms to boost IT exports from Pakistan in the wake...
Alibaba’s entrance to enhance Pakistan’s digital economy
Analysts often cite the absence of PayPal as among the impediments to the growth of e-commerce in Pakistan.
Softbank fund warns of $16.7bn loss due to coronavirus
SoftBank expects to lose $16.7bn (£13.3bn) on firms it has invested in through its tech start-up fund.
The Japanese conglomerate is the world’s...
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
Pakistan exports IT products, services to over 100 countries: Anusha Rahman
ISLAMABAD:Â The Information Technology (IT) export market of Pakistan has expanded to over one hundred countries during the last five years of the...
Pakistan set to launch 5G in July next year
Telecommunication tribunal and an action advisory committee for 5G will be formed within three weeks, says Dr Umar Saif
NTC to build Pakistan’s first ‘G-Cloud’
ISLAMABAD: VMware Inc, a leading innovator in enterprise software, signed an agreement with the National Telecommunications Corporation (NTC). The agreement will enable...
Global e-commerce sales will skyrocket to $3 trillion by 2022: Fitch Solutions
China is the largest e-commerce market globally with total e-commerce sales forecast at $834 billion in 2019 and projected to further rise to $1.24 trillion by 2022
Pakistan moves to tax US advertising space on digital giants Google, Facebook
ISLAMABAD:Â Pakistan has proposed 5% tax on digital revenues, hitting US tech giants like Google, Amazon and Facebook, while also moving to bring...
Samsung announces folding phone with 5G at nearly $2,000
All of the Galaxy series of rigid phones except the 5G will be available from March 8, with the S10+ priced from $1,000, the S10 priced from $900 and the smaller S10e from $750.
Pakistan becomes first South Asian country to achieve G4 rank
Pakistan has become the first South Asian country to be ranked as 4th Generation Regulator (G4) by the International Telecommunication Union (ITU).
According...
PM Abbasi announces extension of tax holiday on IT exports for six years
The IT industry is the fastest growing sector of the Pakistan economy, with annual growth rates more than 30 percent and expected to double in size over the next 3-4 years