Business - 50

Local discounted call provider REDtone International Bhd said it has been awarded a long distance and international licence from the Pakistan Telecommunication Authority, the first such licence for the group since its listing on Mesdaq in January. With the licence, valid for 20 years, REDtone (www.redtone.com) will be able to offer voice telephone, data and [...]

NetSol Technologies, Inc. (NASDAQ: NTWK), a developer of proprietary software applications and provider of information technology (IT) services, today announced it has been recognized by the Pakistan government for its efforts in spearheading the country’s IT growth, part of Pakistan’s global multi-billion dollar foreign investment program. “We are honored to be recognized by Pakistan’s government [...]

The PTCL subscribers will heave a sigh of relief as the package announced by the company last month to exploit untapped potential of the telecom market would come into force fully on Friday (today). Under the package, the PTCL domestic and commercial consumers will enjoy free-of-cost local calls during late night hours, reduced international and [...]

Six countries will control the global cotton industry within 10 years, with Brazil rising to be the third biggest exporter, leading cotton merchant Bill Dunavant said on Thursday. Dunavant, president of Dunavant Enterprises, the world’s biggest cotton trader, said cotton consumption and production would consolidate to China, the United States, India, Pakistan, Turkey and Brazil, [...]

NetSol Technologies, Inc. (NASDAQ: NTWK), a developer of proprietary software applications and provider of information technology services, today announced that its majority-owned subsidiary, NetSol-Akhter, has substantially completed the roll out of it wireless broadband infrastructure in Karachi, Pakistan. The company plans to offer wireless broadband services for domestic and corporate customers at speeds up to [...]

A senior Chinese official said that Pakistan will have ample opportunities to expand its trade with China and other regional countries through the proposed new silk route. ‘It would open new avenues of cooperation and ‘people-to-people’ contact at bilateral and regional level, he said while talking to APP here Wednesday. The new Silk Road has [...]

Bilateral trade between India and Pakistan saw 100 per cent growth in the 2003-04 financial year, say officials. According to official data available with the commerce ministry here, Pakistan and India traded $476.04 million worth of goods in different categories in the last fiscal as against $237.16 million in 2002-03…

Paktel, a subsidiary of South Africa-based Millicom International Cellular, has approached the Pakistan Telecommunication Authority (PTA) following Lahore High Court (LHC) directives to the company to approach the authority for GSM operations licence. Sources close to the authority said the company had formally submitted an appeal to the authority as asked by the LHC. ‘Today [...]

All that school-children in Pakistan know about the hilly Salt Ranges, is that they are home to the oldest and largest rock-salt mines in the world. Every Sunday, groups of students visit the ranges and gaze in wonder at the fascinating spectacle of light filtering though solid walls of salt, with the gentle sound of [...]

Post Your FREE Resume Today to attract top employers! Recruitment leader, Bayt.com (www.bayt.com), is set to aggressively extend its operations with the launch of its new distributorship, Bayt Certified Marketing Partner Program (CMP), whereby approved agents will market and sell recruiting packages on behalf of the company in markets outside the GCC. The program debuts [...]