ISLAMABAD ( MEDIA REPORT ) THE potential for growth in digital financial services in an economy like Pakistan are immense. A quick look through the following data reveals a sharp contrast between the demand for and supply of financial services in the country. — Eighty five per cent of Pakistan’sRead More →
KARACHI ( TARIQ REPORT ) Lenovo, through its Subsidiary, Motorola Mobility, today announced the availability of Moto Z smartphone in Pakistan. With Moto Mods, Lenovo has entered the next era of mobile technology. Consumers can transform their Moto smartphone into exactly what they need it to be, and the possibilitiesRead More →
ISLAMABAD ( MEDIA NEWS ) Another mobile carrier, Telenor, has partnered with Google to roll out a next-gen SMS tech — this time targeting Android users in Europe and Asia. The aim with the Rich Communications Services (aka RCS) technology in general is to bring an enhanced messaging experience for SMS usersRead More →
SHANGHAI ( PRESS RELEASE ) UnionPay International announced today that it has signed an issuance agreement with Pakistan Summit Bank. The two sides have agreed to jointly issue UnionPay cards on a large scale. Now, UnionPay has become the international bankcard brand with the second largest market share in termsRead More →
ISLAMABAD ( GUEST WRITER ) Information and communications technology (ICT) development in Pakistan has certainly received a healthy boost in 2016. This year broadband penetration rate increased from 3% to 15% and mobile broadband services are now available across 200 cities in the country. IT investments in Pakistan have alsoRead More →
ISLAMABAD ( BMZ REPORT ) Special Communications Organization (SCO) has signed a Consultancy Services Agreement with Optiwave Technologies Pvt. Ltd. (OWT) for the Project “Construction of Cross – Border Optical Fiber Cable (OFC) System Between China and Pakistan For International Connectivity of Voice / Data Traffic” being executed by SCORead More →
ISLAMABAD ( BMZ REPORT ) Prime Minister Mohammad Nawaz Sharif said that On the eve New Year 2017, I convey my profound good wishes to the nation with the hope and prayers that it bring more happiness and prosperity for Pakistanis. The upcoming 2017 will surely mark a new beginningRead More →
ISLAMABAD ( BMZ REPORT ) Limofied™ – an Australian-owned, rapidly growing ride-share, car-hire and car-booking app, has been launched in Pakistan. It allows passengers using smartphones to submit a trip-request, which is then transmitted to the closest Limofied™ drivers, who use their legally registered vehicles to provide timely, comfortable, courteous andRead More →
LAHORE ( HAFEEZ REPORT ) Japan Business Exhibition 2016 gets great response. As large number of high profile personalities from business and media came to witness the high quality and world class Japanese products on the show. Japanese companies related to, pharmaceuticals, construction, transporter/automobiles, Industrial Machinery,Textile, Paint and big businessRead More →
ISLAMABAD ( MEDIA REPORT ) Pakistan and China have launched first rail and sea freight service starting from the first cargo train leaving from Chinese province of Yunnan for Karachi. The first train with 500 tonnes of commodities left on Wednesday from Kunming, capital of Yunnan for Port Qasim in Karachi.Read More →
ISLAMABAD ( MEDIA REPORT ) Pakistan’s telecom tele-density, once the highest in the South Asia and ranked at number 8 in the world in 2005, has witnessed continuous slowdown in the recent years. The rate of tele-density is woeful when compared with different countries with growing tele-density as reported byRead More →
LAHORE ( HAFEEZ REPORT ) National Data Consultant (NDC) and Temenos Group AG jointly hosted NDC & Temenos Fintech Forum 2016 at the Movenpick hotel in Karachi, for the banking community in Pakistan. The event was an open forum for customers, users, partners and industry-peers, to share and discuss bestRead More →