Tag: IT SECTOR
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Govt announces establishment of 10 new software technology parks
The government has announced the establishment of ten new Software Technology Parks across the country by next year.
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Here’s when PayPal and Stripe payment services will be available in Pakistan
Dr Umar Saif, Pakistan’s interim Federal Minister for IT and Telecommunications, shared noteworthy developments on Wednesday regarding the imminent availability of PayPal and Stripe payment gateways within the country. Addressing the flourishing freelancing community, he drew attention to the current scarcity of financial tools to facilitate payments within this sector.
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Huawei aims to boost Pakistan’s IT ecosystem: CEO and PM Kakar hold key talks
Of notable mention is Huawei’s establishment of approximately 100 IT centers within various universities across Pakistan, as officially documented.
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Budget 2023-24: Finance Minister announces tax relief measures for IT sector and freelancers
In a recent announcement, the federal government has unveiled a series of measures aimed at fostering growth and investment in the freelancing and information technology (IT) sectors. The government has decided to implement a reduction in tax rates for investments in the IT sector, provide tax breaks to freelancers, and establish a favorable environment for…
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IT minister denies involvement in internet suspension resulting in billion-rupee losses
Following the internet blackout in Pakistan, Federal Minister for Information Technology and Telecommunication Syed Amin-ul-Haque distanced his ministry from the blockage, stating that they were not taken into confidence. According to Geo, Haque revealed that mobile internet services were suspended without the Ministry of IT’s consultation. Since 2017, the Pakistan Telecommunication Authority (PTA) has not…
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Pakistan to receive $2 billion deposit from Saudi Arabia in State Bank within next few days
Muhammad Jawad Sohrab Malik, the Special Assistant to the Prime Minister, had a meeting with Nawaf bin Said Al-Malki, the Ambassador of the Kingdom of Saudi Arabia to Pakistan, in Islamabad. The objective of the meeting was to discuss the ways to enhance bilateral collaboration between the two countries.
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Pakistan is the next IT powerhouse, says JICA
Japan International Cooperation Agency (JICA) has said that Pakistan is the “powerhouse of the Information and Communication Technology (ICT) sector” as the country tech exports climbed six times in one decade. In JICA’s official statement, digital Pakistan policy 2018 is the key driving factor behind the success of the IT sector in Pakistan. Besides, six-time…