Pakistan Electronic Media Regulatory Authority (PEMRA) has announced that it is restarting the auction process of DTH licenses and date for… Read More
FDI in IT / Telecom Sector During 2015-16 Declines
Foreign Direct Investment (FDI) nosedived in Information Technology sector with a $15.84 million decline in the first eleven months (July-May)… Read More
NAB Urged to Probe Power Companies for Milking Rs. 2,000 Billion from Public
Transparency International Pakistan (TIP) has approached National Accountability Bureau (NAB) to take notice of allegations of misuse of power by… Read More
SECP Registers 641 New Companies in May 2016
The Securities and Exchange Commission of Pakistan (SECP) during the month of May 2016 registered 641 new companies, witnessing an… Read More
Haier Acquires General Electric’s Appliance Division for $5.6 Billion
The General Electric Company (GE) has sold its Appliances Division to Haier at $5.6 billion. Javed Afridi, Chief Executive Officer… Read More
KPK Government Reduces Budget for Science & IT by 40%
The Khyber Pakhtunkhwa government has slashed the budget for Science and Information Technology as Rs 690 million has been allocated… Read More
HEC to Setup Website for Foreign Scholarships Available to Pakistanis
Federal government has directed Higher Education Commission (HEC) to design a new website with the proposed name of “Learning Opportunities… Read More
Punjab Allocates Rs 14 Billion for Governance & IT Sector in Budget 2016-17
The Punjab government has earmarked Rs 13.95 billion in budget 2016-17 for Governance & IT sector with increase of 63… Read More
Majority of Senate Committee Recommendations are Thrown into Dustbin
Majority of the recommendations / directives made during last two years by the Senate’s Standing Committee on Information Technology and… Read More
Banking Sector Nets Rs. 52.9 Billion in Profits
Banking sector of Pakistan earned Rs 52.9 billion with 2.1 percent growth in the first quarter of current calendar year… Read More
SEED Ventures Invests in Karachi Based Digital Firms
Social Entrepreneurship & Equity Development (SEED) Ventures has invested an undisclosed value of funds to merge its own startup Gizelle Digital with Click-9 to… Read More
Govt Can No Longer Use USF Money for its Operational Needs
The government of Pakistan can no longer utilize Universal Service Fund money for anything except for the dedicated purpose of expanding IT… Read More
