Banking Sector
More than 700 fintech applicants entered Visa’s regional competition
LAHORE ( Web News ) Pakistan’s Safepay was announced as one of the winners in the Visa Everywhere Initiative – a global innovation
U Bank wins ‘Fastest Growing Microfinance Bank in Pakistan’ at Global Business Outlook Awards, 2021
ISLAMABAD ( Web News ) During the Global Business Outlook Awards in May, 2021 U Microfinance Bank Ltd. (U Bank)was awarded Fastest Growing
BankIslami transforms its networking infrastructure with Huawei
ISLAMABAD ( Web News ) In its efforts to facilitate greater digital enablement in Pakistan, BankIslami, the country’s premier Islamic finance institution, has
Faysal Bank initiates Vaccination Drive for employees
ISLAMABAD ( Web News ) Prioritizing the health and safety of their staff and customers, the leading Islamic bank of Pakistan, Faysal Bank
Telecom
No More Tax on Mobile Phone call, Cabinet rejected these proposals. Tarin
ISLAMABAD (Web desk) The government announces taxes on phone calls, SMS and Internet. Shaukat Tarin said that the tax calls, SMS, the tax on the
Budget 21-22 mobile phone expensive, increase in duty to import
mobile phone expensive, increase in import duty Federal Excise Duty enforced on more than three minutes mobile phone calls ISLAMABAD (Web News) The federal government announced to increase the duty
One Out of Every Two Smartphones Will Support 5G by End of 2022
The new research paper analyses global 5G adoption, technical trends and the market landscape LAHORE (PRESS RELEASE) realme, the world’s fastest growing smartphone brand, today released a whitepaper titled “Making
PTA Receives PKR 15.82 billion Against Second Instalment of License Renewal Fee
ISLAMABAD (Web News ) Pakistan Telecommunication Authority (PTA) has received PKR 15.82 billion (equivalent of USD 103.17 million) against second instalment of License Renewal Fee from two Cellular Mobile Operators
Company News
SCO launched its triple play services in GB
RAWALPINDI ( Web News ) Special Communications Organization (SCO), the largest telecommunication services provider in Azad Jammu & Kashmir (AJ&K) and Gilgit Baltistan (GB) has started triple play services using GPON technology to offer super fast broadband speeds to its
E-commerce platform’s commitment towards enabling sellers to optimize their businesses
LAHORE ( Web News ) Needless to say, how COVID-19 shaped the ecommerce industry. Business models for an entire fraternity
Samrah Enterprises Introduces Mission Foods in Pakistan
KARACHI ( Web News ) Samrah Enterpriseshas just announced the addition of Mission Foods to its existing range of brands.
Commerce
ICCI terms Budget 21-22 as balanced and in the right direction
ISLAMABAD ( Web News ) The Islamabad Chamber of Commerce & Industry (ICCI) giving its reaction to the Federal Budget 2021-22 termed it as a balanced budget as it is expected to set the economy in the right direction enabling it to achieve better growth and expansion. Sardar Yasir Ilyas Khan, President, Islamabad Chamber of Commerce & Industry said that the government has accepted many proposals of the major chambers of commerce & industry, which was encouraging. He said that
Administrator Market Committee assures to improve supply system in Capital
ISLAMABAD ( Web News ) Kamran Cheema, Administrator, Market Committee, Islamabad and Director Industry ICT visited the Islamabad Chamber of Commerce and Industry (ICCI) held
We Stand United with Bahria Town Karachi: Khawaja ShahzebAkram, SVP FPCCI
We strongly condemns the heinous act at Bahria Town Karachi: Kh. ShahzabAkram ISLAMABAD ( Web News ) Khawaja ShahzebAkram, Senior Vice President of the Federation
Breaking News
PML-N government for complicating the Kulbhushan case. Qureshi
MULTAN (Web News) Foreign Minister Shah Mahmood Qureshi on Sunday said that India wants that Kulbhushan Jadhav should not be given consular access so that it can again drag Pakistan
Budget 21-22. Total volume will be Rs 8000 billion. action against tax robbers
The financial year budget deficit may be Rs 2915 billion. Annual development amount will be 900 Rs. billion Rs. 1400
Pakistan Macro economy and the Covid-19 pandemic
KARACHI ( Web News ) Nothing has had a more deleterious impact on the global economy in about a century
Broadband / Internet
Social media, news websites hit by major internet outage
ISLAMABAD ( Web News ) Multiple outages hit social media, government and news websites across the globe on Tuesday morning, with some reports pointing to a glitch at U.S.-based cloud computing services provider Fastly. Reuters could not immediately confirm the issue affecting the sites. Fastly said it was investigating “the potential impact to performance with
ESPL partners with REDtone to bring international Esports to Pakistan
Partnership to bring multiple esports tournaments to Pakistan and build the country as a true contender for international gaming KARACHI
COVID-19 Boosts Global Internet Population Beyond 5 Billion In March 2021
In March 2021, number of internet users in the world has exceeded 5 billion mark, at 5.168 billion as against
Social Media
Likee Shares 7 Tips to Boost Followers on Short Video Platforms
KARACHI ( Web News ) Likee continues to evolve to become one of the quickest-growing short-video apps of the region, with over 150 million monthly active users worldwide. Likee’s most viral video content includes music videos, lip-syncing and hashtag challenges. In fact, there are several content creators that have started out on the platform, showcased
YouTubers, will have to pay tax to the American govt according to the US tax laws
ISLAMABAD: ( Web News ) From June 1, 2021, YouTubers, living outside the United States, will have to pay tax
Why Gen Z Loves Short-Form Videos
LAHORE ( Web News ) The fact that short videos are absolutely booming in popularity should come as no surprise.
Handsets & Gadgets
Mind Blowing New Charging Technology in Mysterious New Infinix Phone
LAHORE ( Web News ) Infinix has been producing increasingly innovative products over the past few years and there is a clear trend of constant
vivo Officially Launches Vision+ Mobile Photo Awards 2021
vivo partners with National Geographic to host professional mobile photography competition LAHORE ( Web News ) Today vivo officially launched the VISION+ Mobile PhotoAwards 2021
Infinix has announced its ultimate gaming champion
LAHORE ( Web News ) Infinix, the No. 1 selling smartphone brand of Pakistan will open pre-orders for gaming champion Infinix HOT 10S on 8th June.
Education
KP and AFS awarded Scholarship to 5 Pakistani Students to Study in Japan
ISLAMABAD ( Web News ) Knowledge Platform (KP), a leading EdTech organization in Pakistan, partnered with AFS Intercultural Programs to offer a fully funded scholarship
ACCA to host mega virtual Careers Fair on June 16
LAHORE ( Web News ) ACCA (the Association of Chartered Certified Accountants) is hosting a mega virtual Careers Fair on June 16 to connect talented
I will work as an ambassador of Al-Khidmat Foundation. Zara Naeem Dar
Zara Naeem Dar, who topped 179 countries in ACCA, arrives at Al-Khidmat Foundation office Zara Naeem Dar, who topped the ACCA exam worldwide, met Shahid
TCF announces its Secondary Schools affiliation with FBISE
ISLAMABAD ( Web News ) The Citizens Foundation (TCF) has signed an MoU with the Federal Board of Intermediate and Secondary Education (FBISE) regarding the
AIOU establishes computer laboratories in regional offices to facilitate its students
ISLAMABAD ( Web News ) Allama Iqbal Open University (AIOU) has established computer laboratories equipped with latest technology in its regional offices throughout the country
TCF Joins Hands with Systems Ltd to Enable Education for Underprivileged Students
ISLAMABAD ( Web News ) CEO Mr. Asif Peer has announced a new initiative of Systems Limited where the company will collaborate with The Citizens Foundation (TCF) to provide underprivileged students a
Cyber Security
World Wide Criminal Web Financial Entities Face 3.4 Billion Cyber Attacks in 2020
Web attacks in 2020 stood at 6.3 billion globally out of which 736 million attacks involved the financial services sector. ISLAMABAD ( Javed Mahmood) In
Ehsaas will invite hackers to identify digital security vulnerabilities. Sania Nishtar
ISLAMABAD ( STAFF REPORT ) SAPM Dr. Sania Nishtar chaired the joint meeting of Risk Assurance and Management, and Audit Committees of BISP board today,
Aamir Ibrahim, CEO, Jazz delivers talk on preventing cyber crime
ISLAMABAD (PRESS RELEASE) Aimed at sharing practical experience to help strengthen cybersecurity measures in Pakistan, Aamir Ibrahim, CEO of Jazz delivered an engaging presentation to
IT Minister assures all out technical support on reports over the theft of bank account data
ISLAMABAD (PRESS RELEASE) Following the recent news item about cyber-attack on major Pakistani Banks, the Federal Minister for IT & Telecom, Dr Khalid Maqbool Siddiqi
Technology
PAF provides quality hemodialysis service at the Nephrology ward of JMPC
ISLAMABAD ( Web News ) Pakistan ranks at 8th place in the list of countries having high rate of kidney diseases. Millions of people in Pakistan are suffering from nephrological
Nokia launches world’s first AI use case library on public cloud for telecoms providers
Nokia’s AVA AI use case library is now delivered as a service on Microsoft Azure’s public cloud, combining telco grade security and instant web scale architecture scalability. Accelerates communication service providers (CSPs) digital transformation, increases efficiency, reduces energy consumption and improves customer experience. CSPs around
Facebook and GSMA on Harnessing Assistive Tech for Inclusion of Persons with Disabilities
ISLAMABAD ( Web New ) Marking the tenth anniversary of the Global Accessibility Awareness Day (GAAD) and to drive more collaborations on disabilities inclusion in