Day: September 18, 2015

National conference echoes ‘Quality Education’ for socio-economic uplifting

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article image STAFF REPORT ISB: A national conference on Quality Education and Training for Socio-Economic Development of Pakistan’ was held to highlight the important advancement in education sector and technical education for bringing socio-economic change. The Ministry of Federal Education and Professional Training in collaboration with the German, Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH organized the event. Federal Minister of State for Education and Professional…Read More

MoCC unveils Forest Policy 2015

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article image STAFF REPORT ISB: Ministry of Climate Change (MoCC) has released Forest Policy 2015 for public review and remarks. This was revealed by Ministry official in a press briefing. Senior official of MoCC said, "In perspective of Pakistan's high vulnerability to antagonistic effects of environmental change, specifically to amazing occasions, moderation and adjustment measures are the center of this approach. Enormous part of forestry in climate change mitigation has been overwhelmingly…Read More

NAYS conducts workshop on biosafety in UAP

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article image STAFF REPORT PEW: The workshop based on theme Biosafety/Bioterrorism and Risk Assessment in Agriculture Research’ was organized by National Academy of Young Scientists (NAYS) in collaboration with Pakistan Scientific and Technological Information Centre (PASTIC) and University of Agriculture, Peshawar (UAP). The main purpose of the workshop was to sensitize students about biosafety ethics and promote a safer work environment in the laboratories and performing different procedures.…Read More

Global IT giants physical presence can mature Pakistan`s tech industry: Anusha Rahman

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article image By Ahsan Jamil PAKISTAN`S BOOMING Information Technology (IT) industry is propelling on fast pace as few of the shimmering facts tear apart the crimson boundaries and hint an illustrious growth due to the features of adaptability of global IT companies, rising consumer base, increased tech knowledge, the growing demand of network security etc. Pakistan’s share of global IT sales has climbed to $2.8 billion, out of which $1.6 billion accounts for the country’s exports of…Read More

Telecom is the highest tax payer sector of Pakistan: FBR

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article image STAFF REPORT ISB: Telecommunication sector is one of the profitable sectors which contribute a sizeable share in economy of the country and especially with the opening up of 3G and 4G horizons it is booming at fast pace. The Federal Board of Revenue (FBR) recently leaked in a press statement that telecom companies in Pakistan have paid a large amount of Rs 4.6 billion in lieu of income taxes on different services in the past 5 years. The officials further detailed the breakup of the…Read More

Google announces virtual shopping event in Pakistan

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article image STAFF REPORT KHI: The cyber market has garnered immense popularity over the years. The global eye Google’ has announced largest online shopping festival Tech Mela’ in Pakistan which will last for 10 days starting from September 11, 2015. The shopping festival will entail products such as smartphones, gadgets and data voice plans at discounted rates. Tania Aidrus, Country Manager, South Asia Frontier Google said while commenting on the event, " Pakistan`s cell phone industry…Read More

Pakistans IT sector in for a long haul

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article image THE WORLD Economic Forum has placed Pakistan 97th in a list of 143 countries it evaluated for business and innovation environment in its Global Information Technology report 2015. Being second in a series of a 10-pillar performance monitoring report, the business and innovation environment pillar evaluated the performance of gateways to entrepreneurship in Pakistan, as well as the structure of systems that boost business in the Information Technology (IT) sector. This evaluation…Read More

Pakistans IT sector in for a long haul

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article image THE WORLD Economic Forum has placed Pakistan 97th in a list of 143 countries it evaluated for business and innovation environment in its Global Information Technology report 2015. Being second in a series of a 10-pillar performance monitoring report, the business and innovation environment pillar evaluated the performance of gateways to entrepreneurship in Pakistan, as well as the structure of systems that boost business in the Information Technology (IT) sector. This evaluation…Read More

OPL, Chinese firm sign investment deal in E&P sector

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STAFF REPORT ISB: The oil and gas sector of Pakistan is one of the most underexplored area which needs immense exploitation from both local and foreign EandP companies. The Chinese firm Poly-GCL Petroleum Group of China has recently signed an investment pact with Ocean Petroleum Limited (OPL). According to the agreement Poly-GCL Petroleum Group will invest about $500 million in exploration sector. The agreement phased out as seven member delegation of Poly-GCL reached out OPL during their…Read More

Infrastructure sharing can escalate telecom sector: PTA Chief

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article image STAFF REPORT KHI: An interactive session for promotion of Information Communication Technology (ICT) was held recently which was jointly organized by Pakistan Telecommunication Authority (PTA) and ICT Forum Pakistan. The session included participants from various companies from telecom and information technology domain. Dr Ismail Shah, Chairman PTA urged telecommunication companies to outsource infrastructure in order to attain cost efficiency and maximizing their operation tendency…Read More