Consumers of 3G/4G service increased to 127 Million
The number of 3G and 4G service users in Pakistan has significantly increased and reached 127 million by August 2023. As per the details available on the official site of the PTA, the number of active mobile SIMs reached 190 million during the same period. The number of broadband subscribers reached 130 million while the…
Any new type of wealth tax will be detrimental to economy: Suleman Chawla
Mr. Muhammad Suleman Chawla, Acting President FPCCI, has apprised that the business, industry and trade community is worried over the news that some sort of renamed wealth tax is being considered to be imposed to fulfill the never-ending, anti-business conditionalities of international financial institutions (IFIs). We have time and again maintained that business, trade, commercial…
PTA hosts meeting with religious scholars to promote safe, responsible use of social media
Pakistan Telecommunication Authority took a significant step towards fostering safe and responsible internet usage by organizing a meeting with prominent religious scholars at PTA Headquarters. The event marked a collaborative effort between the PTA and religious leaders to address the challenges of social media and the internet while promoting a digital environment that aligns with…
PSX announces recipients of the top 25 companies awards 2022
In an exciting development for the capital markets and the economy as a whole, the Pakistan Stock Exchange announced the much-awaited list of the Top 25 Companies Awards recipients for the year 2022. These are the most prestigious and coveted awards in the corporate sector and were initiated by the Exchange in 1978, according to…
Workers’ remittances recorded an inflow of US$2.2 billion during Sep 23
In terms of growth, during Sep 2023, remittances increased by 5.3 percent on M/M. Workers’ remittances inflow of US$ 6.3 billion has been recorded during Q1 FY-24. Remittances inflows during Sep 2023 were mainly sourced from Saudi Arabia ($538.2 million), United Arab Emirates ($400 million), United Kingdom ($311.1 million) and United States of America ($263.4…
Jazz emerges as Pakistan’s top innovation performer in global innovation index
Jazz, Pakistan’s leading digital operator, has been recognized as a top innovation performer in the Global Innovation Index 2023, released by the World Intellectual Property Organization (WIPO), a specialized agency of the United Nations. This recognition is a testament to Jazz’s unwavering commitment to innovation and its exceptional ability to adapt to the evolving needs…
Flag carrier Garuda Indonesia completes flight test with palm oil-blended jet fuel
FLAG carrier Garuda Indonesia said it has completed a flight test using palm oil-blended jet fuel on a Boeing 737-800NG aircraft. The plane flew more than 130 km from the capital Jakarta to Pelabuhan Ratu in the southern part of Java island last week, using jet fuel containing 2.4 per cent palm content, Garuda chief…
Mobilink Bank Receives CFA Society Award for Best Digital Banking Services
Mobilink Bank’s outstanding accomplishments have garnered recognition at the prestigious 20th Annual Excellence Awards, hosted by the CFA Society Pakistan. The Bank was honored with the coveted title of “Best Digital Banking Services Award of the Year 2022” within the Microfinance Bank Category, solidifying its position as a trailblazer in the digital banking arena. Furthermore,…
BC launches international awards to celebrate UK alumni achievements
The British Council (BC) has announced the tenth year of its Study UK Alumni Awards programme, celebrating the outstanding achievements of UK alumni around the world. The award winners and finalists are leaders in their fields who have used their experience of studying at a UK university to make a positive contribution to their communities,…
Pink Riders and TPL Insurance Launch Groundbreaking Bike Insurance Product
Pink Riders, a leading organ’ization empowering women rider in Pakistan, and TPL Insurance, one of the country’s largest insurance companies, today announced the launch of a groundbreaking bike insurance product that redefines the industry. This innovative offering combines motorcycle insurance with an additional layer of breast cancer coverage. The partnership emphasizes the importance of bike…