The government has formulated an IT Exports Strategy Model based on six pillars including ease of doing business and cost factors. The model and infrastructure are in line with the changing technologies and market conditions to ensure holistic growth of the IT sector. This was revealed during a meeting chaired by the Federal Secretary Ministry of Information Technology & Telecommunication …
Raast is Pakistan’s first instant payment system that will enable end-to-end digital payments among individuals, businesses, and government entities, instantaneously. This state-of-the-art payment system will be used to settle small-value retail payments in real-time while at the same time provide cheap, and universal access to all players in the financial industry, including banks and fin-techs. Pakistan has had low electronic …
If there’s anything positive that the Covid-19 pandemic has achieved, it is the spurring of digitization across sectors. While the most skeptic of Pakistanis finally build their trust in the digital or online world, the latter has got a rare opportunity to grow and mature too. This swift digital shift has inevitably caused a spike in digital transactions and payments …
The federal government has decided to develop a world-class social networking application for the public. According to details, the application will include different features including messages, voice calls, and video calls. ALSO READ Japanese Agency Selects 10 Startups from Pakistan While speaking with a media outlet, Federal Minister for IT and Telecom, Syed Amin-ul-Haque, said that the IT Ministry will …
Google has been working to add call recording to its phone app for a while and some regions already have it. According to a new report from 9to5Google, the phone app will be able to record all calls soon, even from unsaved numbers. Folks over at 9to5Google have decompiled the latest version of the Google phone app and have uncovered some …
The fintech company, Avanza Premier Payment Services (APPS), has partnered with one of Pakistan’s leading e-commerce marketplaces, Telemart, to enable its customers to pay online with APPS’ robust payment gateway, PayFast. Approved for Pilot Operations by the State Bank of Pakistan (SBP), PayFast empowers multi-instrument acceptance of Scheme Cards, Mobile Wallets, and Bank Account Numbers. They address merchant pain points …
The Securities and Exchange Commission of Pakistan (SECP) has guided the insurance policyholders across Pakistan and Azad Jammu & Kashmir (AJK) to file their complaints or grievances against the insurance company, agent, or bank representative regarding insurance policy directly with the relevant insurance company. This has been highlighted by the SECP through Circular no 27 of 2020 (Awareness among policyholders …
The federal government has decided to raise the matter of sale tax on information technology export revenue in Sindh as IT industries/companies are moving to other provinces. Federal Minister for Information Technology and Telecommunication Syed Amin-Ul- Haque while chairing the 7th meeting of the Prime Minister’s Taskforce on IT and Telecom stated that he will soon meet Chief Minister Sindh …
Kevin Mayer, known for his role as the president of TikTok’s US operations, has left the company on account of the ongoing political turmoil. Since the past month, Trump administration has been forcing ByteDance to sell the US operations of TikTok to any of the interested US companies. Amidst all this, Mayer believes that the global role he took on …
Airschool has announced a 4 weeks long course on public speaking for students and professionals who want to learn the art of public speaking through a complete guide based on instructions and practice; to add influence to the words you speak! The course is conducted by Bilal Khiyani. He is a certified digital marketer and consultant in Pakistan. The course …
Pakistan Telecom Authority (PTA) has asked video-sharing platform YouTube to immediately block vulgar, indecent, immoral, nude and hate speech content for viewing in Pakistan. PTA has done so keeping in view the extremely negative effects of indecent/immoral/nude content available on YouTube and to prevent repugnant discord due to the presence of hate speech and sectarian material. PTA has approached YouTube …
Sindh Education Foundation (SEF) of the Government of Sindh not only began online classes but also provided training to teachers on conducting online classes on the digital platform of Microsoft Teams and 365 Office Software. Despite the challenges of the Covid-19 pandemic, the foundation has been able to engage teachers and students in digital classrooms through a pioneering collaboration with …
FINCA Microfinance Bank Ltd’s profits saw a decline of 31.7% in 2019 to Rs. 653 million as compared to a profit of Rs. 956.48 million in 2018. According to the annual report, during 2019 the bank’s net-markup income registered an increase of 13% and closed at Rs. 5.314 million as compared to Rs. 4.703 billion in 2018. The mark-up on …
Government apps for Islamabad Traffic Police (ITP), ICT Police, CDA, and others were reportedly hacked by Indian groups and were being siphoned for personal data. This forced the authorities to halt these services and prevent any further damage. These applications, ‘Capital Smart City’ and ‘ICT Administration’, were launched by Islamabad Administration to provide convenience, but it was later discovered that …
Dastgyr, a Karachi-based B2B E-commerce startup founded earlier this year, has raised a six-figure (USD) investment from angel investors in the US, Middle East, and Pakistan, the company has announced without disclosing the exact amount of the investment. Dastgyr connects small retailers to suppliers all over Pakistan, aiming to revolutionize the traditional retail business through empowering technologies and innovative supply-chain …
E-commerce in Pakistan has a huge potential for creating 2 million jobs and boosting the country’s Gross Domestic Product (GDP) up to the level of $40 billion in the next couple of years. This was stated by the Rawalpindi Chamber of Commerce and Industry (RCCI), President Saboor Malik. He stated that transformation is required to promote the Information, Communications, and …
Byonyks, an American startup based in Lahore, has successfully invented Pakistan’s first of its kind dialysis machine that would allow kidney patients to receive dialysis treatment at their homes. Named “Robo-Kidney,” the machine will go into mass production in the coming few months after receiving approval from the healthcare regulators. Robo-Kidney has been designed in consultation with Pakistan’s leading nephrologists and …
Google has been expanding its video call functionality and accessibility to support people during the pandemic. Therefore, the integration for Google Meet is being introduced to different platforms and now it is Gmail’s turn. Just as the search engine giant promised, Google has started rolling out Google Meet integration for Gmail for iOS and Android. It is rolling out for …
The number of 3G and 4G users in Pakistan reached 81.14 million by the end of June 2020 as compared to 79.88 million by May 2020, registering an increase of 1.26 million, said Pakistan Telecommunication Authority (PTA). The number of mobile phone users in Pakistan reached 167.27 million by the end of June as compared to 166.36 million by the …
Federal Minister for Information and Technology, Syed Aminul Haque, has said that everyone should wait for the court to decide the fate of the popular mobile game, PlayerUnknonwn’s Battlegrounds. Talking to journalists, the MQM lawmaker said that his ministry has no administrative control over Pakistan Telecommunication Authority (PTA). The internet regulator banned the game temporarily on 1st July due to …
