Trends - Information Technology

Information Technology

Govt envisages increasing IT sector exports to $4.2bn

ISLAMABAD: Amid admission that a substantial portion of IT exports revenue remains un-remitted, the government...

Updated 14 Dec, 2024 06:00pm

Business & Finance

$25bn 5-year IT export boost plan presented to PM

ISLAMABAD: Amid growing cybersecurity concerns and labelling social media activists as ‘digital terrorists’, a...

Published 23 Nov, 2024 06:19am

Pakistan

Aurangzeb says agriculture, IT key economic drivers

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has said that agriculture and...

Published 11 Sep, 2024 06:31am

Technology

PM seeks plans for $25bn IT exports

ISLAMABAD: Prime Minister Shehbaz Sharif has urged IT experts to come up with their strategies and plans to achieve...

Updated 06 Sep, 2024 08:55am

Business & Finance

ITCN Asia: OICCI reaffirms commitment to advancing IT, telecom sectors

KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI) has reaffirmed its commitment to advancing...

Published 30 Aug, 2024 06:08am

Business & Finance

IBM to close China R&D department, affecting over 1,000 jobs

BEIJING: IBM will completely shut its China R&D operation, affecting more than 1,000 jobs, the US technology...

Published 26 Aug, 2024 05:41pm

Islamabad IT Park to help achieve $25bn IT export goal: PM

ISLAMABAD: Prime Minister Shehbaz Sharif has stated that Islamabad information technology (IT) park will prove to be...

Updated 20 Aug, 2024 09:33am

IT, ITeS export remittances hit all-time high of $3.223bn

ISLAMABAD: The country’s information technology and IT-enabled services (ITeS) export remittances comprising...

Updated 20 Jul, 2024 09:42am

Technology

Hotels in Swat call for optic fibre connectivity to help boost investment

The Kalam Hotels Association, representing over 250 hotels in the picturesque valley of Kalam, Swat, has called for...

Updated 12 Jul, 2024 11:32pm

Business & Finance

IT industry: Higher taxation to give big boost to brain drain: FPCCI

KARACHI: Atif Iqbal Sheikh, President FPCCI, has raise concerns over the recently announced federal budget 2024–25...

Published 28 Jun, 2024 05:41am

Pakistan

Government to establish 10 IT parks by next year: IT Ministry

The project of Islamabad IT Park will be completed with the cooperation of South Korea

Published 22 May, 2024 05:54pm

Business & Finance

IT exports: Practical steps should be taken on priority basis: PM

ISLAMABAD: Prime Minister Shehbaz Sharif has directed that practical steps should be taken on priority basis to...

Published 22 May, 2024 05:54am

Business & Finance

IT services exporters: P@SHA proposes taxation reforms

KARACHI: Pakistan Software Houses Association (P@SHA), has apprised that the unanimous and representative budgetary...

Published 15 May, 2024 05:47am

Markets

Australian shares rise on banks, IT boost; Fed policy meet on tap

Australian shares climbed higher on Monday, lifted by banks and information technology stocks, as traders assessed...

Published 29 Apr, 2024 10:05am

5G will be arriving in July next year, says minister

ISLAMABAD: Caretaker Federal Minister of Information Technology and Telecommunication Dr Umar Saif on Friday...

Updated 09 Dec, 2023 09:02am

Kakar gives go-ahead to plan aimed at bringing PayPal, Starlink to Pakistan

ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Wednesday approved the Ministry of Information Technology...

Updated 07 Sep, 2023 09:19am

Minister unveils roadmap of ‘$10bn IT exports’

KARACHI: Caretaker Federal Minister for IT and Telecommunication Dr Umar Saif has unveiled a roadmap to achieve the...

Updated 04 Sep, 2023 09:25am

BR Research

FDI blues for digital ones

While the country’s digital economy has grown considerably since the pandemic years, its investment barometer...

Published 29 May, 2023 08:40am

World

India launches $2bn incentive package to boost IT hardware production

NEW DELHI: India on Wednesday unveiled an expanded incentive scheme to attract big-ticket investments in IT hardware...

Published 17 May, 2023 04:50pm

Technology

Pakistan can capitalise on youth only if talent is harnessed: IT minister

Says 4,000 IT graduates are being trained by PSEB, P@sha and 21 other leading tech companies at cost of Rs590mn

Published 20 Mar, 2023 09:49pm

Business & Finance

Jul-Jan 2022-23: IT, ITeS export remittances up 2.4pc to $1.523bn YoY

ISLAMABAD: The IT and IT-enabled Services (ITeS) export remittances comprising computer services and call centre...

Published 21 Feb, 2023 05:57am

Business & Finance

SBP orders dealers to facilitate IT, ITeS exporters

ISLAMABAD: The State Bank of Pakistan has directed authorised dealers to swiftly facilitate IT and ITeS exporters,...

Published 31 Jan, 2023 06:01am

Pakistan

Google country director says 5G rollout will help Pakistan's tech ecosystem

Outlines performance of YouTube, owned by Google, at event in Karachi

Updated 25 Nov, 2022 07:24pm

Technology

Pakistan's software developers emerging among top choices for US-based companies: Turing CEO

Siddharth says company focused on South Asia with Pakistani IT professionals high on its radar

Updated 02 Aug, 2022 10:59pm

Markets

Saudi Arabia announces $6.4 billion investments in future tech

RIYADH: Saudi Arabia has launched investments worth $6.4 billion in future technologies, the Saudi minister of...

Published 01 Feb, 2022 06:59pm

Markets

IT, energy stocks boost Indian shares as global risk mood lightens

BENGALURU: Information technology and energy firms drove Indian shares higher on Tuesday, tracking upbeat global ...

Published 28 Dec, 2021 10:30am

Pakistan

Civil servants must stay responsive to people’s needs: Alvi

ISLAMABAD: President Dr Arif Alvi said that people had great expectations from the civil servants and they needed to...

Published 09 Dec, 2021 04:29am

BR Research

Chasing IT exports

The country’s digital exports have been responding well. As per latest data from the SBP, the exports of...

Published 06 Dec, 2021 08:08am

Pakistan

$419m earned from IT services' export in 2 months

ISLAMABAD: Pakistan earned US $419.992 million by providing different information technology (IT) services in ...

Published 25 Oct, 2021 07:11am

Business & Finance

Nigeria to launch pilot digital currency by year-end

ABUJA: Nigeria’s Central Bank is preparing a digital currency pilot that could launch as early as the end of this...

Published 21 Jun, 2021 03:43am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
Dow Jones / Dec 17	43,449.90
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71
Hang Seng / Dec 18	19,857.31
FTSE 100 / Dec 18	8,222.99
Germany DAX 30 / Dec 18	20,267.35

Item	Value
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Dadabhoy Cement / Dec 18 Dadabhoy Cement Industries Limited(DBCI)	7.95 ▲ 0.84 (11.81%)
Shaheen Ins. / Dec 18 Shaheen Insurance Company Limited(SHNI)	6.75 ▲ 0.66 (10.84%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	61.55 ▲ 5.60 (10.01%)
AL-Ghazi Tractors / Dec 18 Al-Ghazi Tractors Limited(AGTL)	564.23 ▲ 51.29 (10.00%)
Data Agro / Dec 18 Data Agro Limited(DAAG)	139.24 ▲ 12.66 (10.00%)

Stock	Price
Invest Bank / Dec 18 Invest Capital Investment Bank Limited(ICIBL)	1.51 ▼ -0.20 (-11.70%)
Blue-Ex Ltd / Dec 18 Blue-Ex Limited (GEM)(GEMBLUEX)	37.76 ▼ -4.20 (-10.01%)
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
First Imrooz Mod. / Dec 18 First Imrooz Modaraba(FIMM)	180.01 ▼ -19.99 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Calcorp Ltd / Dec 18 Calcorp Limited(CASH)	26.22 ▼ -2.91 (-9.99%)
GOC (Pak) / Dec 18 GOC (Pak) Limited.(GOC)	65.10 ▼ -6.97 (-9.67%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.15
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.39
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	58,285,174 ▼ -0.48
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	57,202,972 ▼ -0.08
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▲ 0.35
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 2.33
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▼ -0.26
Hub Power Co. / Dec 18 The Hub Power Company Limited(HUBC)	33,289,968 ▼ -5.93
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	33,286,327 ▲ 0.91

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