Having recently introduced the Internet of Things (IoT) framework and cloud-first policy, Pakistan has set off on the path to technological transformation which can receive a significant boost with the launch of 5G technology. These technologies can potentially bring in a much-needed economic revolution as these can be game-changers for a developing country like Pakistan...
Author: newsdesk (admin )
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IT Minister Demands More Incentives and Reforms for IT and Telecom Sector
Federal Minister for Information Technology and Telecommunications Syed Amin-Ul-Haque has termed the measures announced by Finance Minister Miftah Ismail concerning removing the withholding tax, statement conditions, and capital gains tax for the telecom sector insufficient and urged for more decisions and reforms to achieve big goals from the IT sector. Finance Minister Miftah Ismail announced...
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Pakistan’s IT Company NdcTech Showcased at Global Banking Event Held at ExCeL London
NdcTech, Pakistan’s leading IT and consulting company, was invited to showcase its offerings as a Silver Sponsor at the Temenos Community Forum 2022, one of the most prestigious banking technology events held recently in the world’s financial city, London, UK. Ammara Masood, CEO and President of NdcTech, and Asif Peer, CEO of Systems Ltd., were...
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Renowned Pakistani International Umpire Now Owns a Small Shop in Lahore
Renowned cricket umpire, Asad Rauf, now owns a clothing and shoe shop in Lahore after being banned for five years by the Board of Control for Cricket in India (BCCI) in 2016 due to corruption allegations. Rauf, who was also accused of sexually exploiting model, Leena Kapoor, was found guilty of corrupt practices during the...
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GST Exemption on Electricity for Export Zones in KP Starts Next Month
The sub-committee on the Senate Standing Committee on Industries and Production was Friday told that general sales tax (GST) exemption on electricity for Risalpur Export Processing Zone (REPZ) should begin with the next billing cycle. The meeting of the committee was held at Parliament Lodges under the Convenership of Senator Fida Muhammad to examine the...
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Pakistan Becomes One of the Fastest Growing Markets on Amazon
In just a year after joining the sellers’ list of Amazon, Pakistan has become the third fastest-growing market on the global marketplace of the American retail giant in 2022. According to Marketplace Pulse, an e-commerce intelligence firm, thousands of Pakistani sellers have joined Amazon’s marketplace within one year after Amazon added the country to its official...
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Pakistani-American Dr. Kashif Ansari Receives Pride of Pakistan Award
A Graduate of Dow Medical College’s 1992 batch, Dr. Ansari moved to the US many years ago and earned name and respect both in the US and Pakistan. A known philanthropist, he has offered free treatment to patients in Pakistan, especially for thalassemia treatment and blood donation. The government of Pakistan has conferred the President’s...
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Credit Suisse Leaks Exposes Mian Mansha’s Alleged Link to “Hidden” London Hotel Sale
Credit Suisse Leaks have revealed that one of Pakistan’s wealthiest businessmen, Mian Mohammad Mansha, appears to have had a shared bank account with a phantom company that helped finance the sale of a five-star hotel in London, United Kingdom. While Mansha has always maintained that he had no involvement in the purchase of a five-star...
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Federal Cabinet Approves a Big Increase in Salaries for Pakistan Army
The cabinet on Tuesday endorsed Prime Minister Imran Khan’s announcement of a 15 percent increment in the salaries of the personnel of civil armed forces, according to Federal Minister for Information and Broadcasting, Fawad Chaudhry. “In line with the announcement [made] by PM Imran Khan, the federal cabinet has approved a 15 percent increase in...
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HBL Microfinance Bank Partners with Habib Bank Limited for Home Remittance Disbursements
HBL Microfinance Bank (HBL MFB) has partnered with Habib Bank Limited (HBL) to further strengthen Home Remittance disbursements in Pakistan and allow HBL Microfinance Bank customers to receive money in digital wallets and accounts across Pakistan. Commenting on the development, Faisal Lalani, Head of International Banking at HBL, said, “We are excited to partner with...