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 ) 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’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 →

KARACHI ( TARIQ REPORT ) The Prime Minister said Pakistan, in fact, pursues the motto of arms for peace, which has always been the tagline of IDEAS. He said over two thousand weapons system and equipment on display in the exhibition also reflect broad-based participation of Pakistan’s public and privateRead More →

ISLAMABAD (MEDIA REPORT ) Prime Minister Muhammad Nawaz Sharif will kick off the shipment of trade goods from Gwadar Port to international markets on Sunday marking the historic launch of trade activity through China Pakistan Economic Corridor. During his day long visit to Gwadar, the prime minister will also address a ceremonyRead More →