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IT services

Govt set to launch National Digital Commission to drive digitization: Shaza Fatima

Talks with satellite internet service provider in advanced stages, says IT minister

Updated 16 Dec, 2024 04:37pm

BR Research

IT exports on a rise

IT exports have been steadily rising, with FY24 total exports reaching $3.2 billion, a 24 percent year-on-year...

Published 01 Oct, 2024 08:50am

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

BR Research

TRG Pakistan Limited

TRG Pakistan Limited (PSX: TRG) was incorporated in Pakistan as a public limited company in 2002. The company...

Published 05 Mar, 2024 09:01am

Technology

Pakistani companies at GITEX ‘hungry for growth’: Systems Limited CEO

DUBAI: Pakistan is one of the “fastest growing hidden treasures in IT” and its companies, including those exhibiting...

Published 19 Oct, 2023 05:10am

Pakistan

Economic Survey 2022-23: Pakistan’s performance explained through graphs

The government of Pakistan presented the Economic Survey 2022-23 on Thursday. Business Recorder summarises the...

Published 08 Jun, 2023 09:57pm

Business & Finance

Khazana Enterprise partners with Rafay Systems

KARACHI: Khazana Enterprise, a leading digital and IT services provider in Pakistan, announced its partnership with...

Published 31 May, 2023 03:56am

Technology

Major issues hindering 5G launch identified

ISLAMABAD: Economic instability and consumer affordability are the major challenges hindering launch of 5G in the...

Published 13 Apr, 2023 06:37am

Business & Finance

FPCCI for expanding trade promotion activities with ICCIA

KARACHI: Irfan Iqbal Sheikh, President Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has said...

Updated 06 Oct, 2022 09:42am

GST on IT services: FBR urged to remove ‘legal’ anomaly in Finance Act

ISLAMABAD: The Federal Board of Revenue (FBR) should remove the ‘legal’ anomaly in the Finance Act 2022 whether...

Updated 19 Aug, 2022 09:38am

Business & Finance

FBR expands scope of definition of IT, IT-enabled services

ISLAMABAD: The Federal Board of Revenue (FBR) has expanded the scope of the definition of IT and IT-enabled ...

Published 01 Jul, 2022 06:13am

BR Research

Interview with Ammara Masood, CEO and President, National Data Consultant (Pvt.) Limited

‘Banks need speed, scale, agility and an innovative mindset in the digital era’ Ammara Masood is an industry...

Published 16 May, 2022 06:11am

Business & Finance

Everest Group recognises NdcTech as major contender

KARACHI: Leading global research firm, Everest Group®, has recognized NdcTech as a major contender in its Temenos ...

Published 30 Mar, 2022 06:08am

Supplements

Multinet Pakistan (Pvt.) Ltd: Trusted InfoStructure Partner in the Region

TEXT: Serving for nearly two decades, Multinet is known for its reliable connectivity& communication solutions ...

Published 09 Mar, 2022 06:44am

Pakistan

2nd Pakistan-Africa trade moot begins at Lagos

ISLAMABAD: Ministry of Commerce in collaboration with Trade Development Authority of Pakistan (TDAP) held 2nd...

Published 24 Nov, 2021 05:18am

Business & Finance

Use of pirated software: FBR issues clarification

ISLAMABAD: The Federal Board of Revenue (FBR), Friday, clarified that the issue of VMware licensing was raised by ...

Published 22 Aug, 2021 04:09am

Pakistan

Pakistan earns $ 1298mn from IT services' export 8 months

During the period under review, the computer services grew by 44.53 percent as it surged from US $708.100 million last year to US $1023.410 million during July-February (2020-21).

Published 26 Apr, 2021 05:57pm

Business & Finance

LCCI forwards budget proposals to govt departments

LAHORE: Feedback from the private sector plays a fundamental role in formulating appropriate policies for the trade,...

Updated 13 Apr, 2021 09:29am

Markets

European stocks flat, with Deliveroo tumbling in debut

The German DAX slipped 0.1pc after breaching the 15,000-mark for the first time on Tuesday, while the UK's FTSE 100 fell 0.9pc.

Updated 01 Apr, 2021 12:01am

Business

Tax Laws (2nd Amendment) Ordinance, 2021: 76 corporate IT exemptions withdrawn

ISLAMABAD: The government has promulgated the Tax Laws (Second Amendment) Ordinance, 2021, to withdraw 76 corporate...

Published 26 Mar, 2021 05:22am

Withdrawal of 76 corporate IT exemptions: Ordinance to be promulgated anytime soon

ISLAMABAD: The government is all set to promulgate the Tax Laws (Second Amendment) Ordinance, 2021 to withdraw 76...

Updated 20 Mar, 2021 10:24am

Certain conditions spelt out: IT services to be allowed 100pc tax credit: Tola

ISLAMABAD: The 100 percent tax credit would be allowed to the IT services or IT-enabled services after fulfillment ...

Published 14 Mar, 2021 04:13am

Business

FBR clarifies

ISLAMABAD: Federal Board of Revenue (FBR) has clarified news circulating on social media about a proposal to ...

Published 11 Mar, 2021 05:25am

Pakistan

FBR clarifies position on tax exemption of computer, IT services exports

It said that this exemption was subject to condition that 80% of the export earnings were remitted to Pakistan through normal banking channel.

Updated 11 Mar, 2021 12:49am

Business

After passage of IT (2nd Amend) Bill: Actual impact of tax exemptions withdrawal won’t be over Rs30-40bn: experts

ISLAMABAD: After the passage of ‘The Income Tax (Second Amendment) Bill, 2021’ income tax exemptions available ...

Published 10 Mar, 2021 04:59am

Business & Finance

Pakistan among world’s largest manpower provider for online services

The advisor informed that most of the technical manpower is from the IT services sector.

Published 01 Mar, 2021 02:34pm

Technology

India's TCS becomes Most Valued IT Company in the World

India's Tata Consultancy Services (TCS) overtakes Accenture to become the most valued IT services company in the world today.
TCS's market capitalization rose to US$ 169.9 billion ahead of its rival Accenture.

Published 25 Jan, 2021 07:51pm

Markets

Indian shares end flat; post seventh weekly jump in longest rally in 20 mths

Infosys Ltd was the top boost to the Nifty 50 index, gaining 2.6pc, private-sector lender HDFC Bank was the top drag, falling 2.1pc.

Published 18 Dec, 2020 03:58pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Petrol/Litre / Dec 21	252.10
Karachi Cotton PKR/37.32 KG / Dec 21	17,585

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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