Technology - 8

The Foreign Direct Investment (FDI) in Pakistan’s Telecom sector has surpassed $1 billion mark during the last eight months of current financial year to clinch the second coveted position after oil and gas sector in this respect. Presently, five mobile companies, four foreign and one state-run, are in operation in the country, while even this [...]

The Water and Power Development Authority’s “Vision 2025″ programme is aimed at developing 65 million acre feet (MAF) of additional water storage capacity in the Indus Basin and adding 27,000 megawatts (MW) of hydro and thermal electricity-generation capacity to the national grid to meet the country’s growing water and power needs. At current prices, the [...]

Meet the millionaire. No, this isn’t a reference to some corrupt politician or government officer. If you’ve driven through Shahrae Faisal in Karachi or gone through the daily newspapers recently, you must have already seen her, a call centre agent, complete with beaming smile and stylish headset. Comparatively, Pakistan appears as a weak blip on [...]

PAKSAT International is responsible for selling the bandwidth on Pakistan’s first communication satellite PAKSAT-1 which is located at 38 degrees East Longitude. PAKSAT-1, which provides transponder bandwidth in the C and Ku-band is currently supporting quite a few Pakistani satellite TV channels. PAKSAT International has also started marketing activities in Africa & Middle East regions [...]

Pakistani financial organization United Bank Limited has chosen XLS software from Welcome Real-time to power its newly launched credit card, the first Visa chip credit card in Pakistan and South Asia. The new UBL chip credit card will be a payment card embedded with a microchip. The embedded chip will store encrypted customer information and [...]

A new telecom operator – Redtone Pakistan – on Friday announced provision of services at 50 per cent less than the existing market rates, following the launch of its operations in the country from April this year. Initially, the company plans to introduce services for corporate customers while services for the general consumers would be [...]

One of the distinguishing characteristics of any software firm is the choice of business models. NetSol has extended its market reach into nine countries. China and the U.K. are the newest locations. Their newest product is a “bank in a box” suite called inBanking that is being launched in a phased manner. It is built [...]

Two motorcycles collide, Ben Hur style, spilling four lads out across the roadway, slick with gray water. They pick themselves up, brush off their clothes, pull fenders and other peripherals back into place, then speed away. Not one harsh word is exchanged. Nor is there a single helmet among the lot of them. Welcome to [...]

WITH the telecommunications sector in Pakistan remaining vastly untapped, Malaysia’s Dancom Group, which expanded here a decade ago, has set its sights on gaining a bigger share of the market. Dancom Holdings Bhd ventured into Pakistan in 1995 through its joint-venture company, Dancom Pakistan (Pvt) Ltd, with a 60% stake in the latter. With the [...]

Soon after Saleem Qureshi and Fatima Fasihuddin were married on Valentine’s Day 2003, they realized they had few married couples to hang around with. So that fall, the Manhattan couple started Zariya, a matchmaking service primarily aimed at young professional Muslims who have been raised in the United States. “Zariya” means “source” in Urdu, the [...]