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Showing posts from February, 2022

Telecom Industry paid Rs. 179 billion in Taxes during FY 2020-21

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The Pakistan Telecommunication Authority ( PTA ) noted numerous additional milestones in its annual report 2021, the industry paid Rs179 billion in general sales tax, withholding tax, customs duty, and other taxes in fiscal year 2020-21, up from Rs148.9 billion the previous year. Broadband customers passing the 100 million mark during the year, The number of smartphone users in the country has overtaken those using old-school 2G devices for the first time, which played a vital role in increasing telecom industry income according to the telecom regulator’s latest annual report. According to the PTA study, the country’s achievements in combating the Covid-19 outbreak, as well as strategic moves toward industry facilitation and consumer safety, opened the path for all-inclusive connectivity and overall sector growth. According to the PTA annual report, broadband customers have surpassed the 100 million mark. According to the survey, smartphones exceeded feature phones 2G for the first t

Male Champions of Change Pakistan commit to gender equality priorities for the year ahead

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Members of the Male Champions of Change Pakistan held their quarterly meeting at Telenor Pakistan Campus 345 to further their commitment to achieve gender equality and accelerate the advancement of more and diverse women into leadership. Comprising 15 active Members who lead approximately 55,000 employees across the nation, the Male Champions of Change Pakistan includes representatives from sectors including hospitality, consumer goods, telecommunications, retail, textile, financial services, information technology, microfinance, logistics, and media. Founded in Australia, in 2010, the Champions of Change Coalition was extended internationally to Pakistan in 2018 with CEOs from Telenor Pakistan, Serena Hotels, PepsiCo Pakistan, and EY Ford Rhodes. Relevant Read:  Easypaisa Partners with FBISE to facilitate digital fee payments The quarterly Champions Meeting was attended by leaders from the private sector committed to the cause, including new Member CEOs from Jazz Pakistan, L’Oreal

Easypaisa Partners with FBISE to facilitate digital fee payments

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Easypaisa , the country’s leading digital payments platform, has partnered with the Federal Board of Intermediate and Secondary Education (FBISE) to digitize the conventional fee collection mechanism. FBISE is a unique entity amongst the Public Sectors organizations with the potential of compatibility to meet the requirements of modern modes of financial transactions. This collaboration, which materialized due to the robust nature of both parties, will enable all fee payments related to FBISE to be paid seamlessly through the Easypaisa platform. The Prime Minister ’s ‘ Digital Pakistan ’ initiative is rapidly spreading to administrative ecosystems with numerous government departments and institutions shifting towards online processes, especially with respect to payments. FBISE is one of the organizations to have taken a lead in the sphere of digital Pakistan. Easypaisa has been at the forefront of consistent efforts in this regard playing a major role in developing a digital ecosyste

Infinix Launches ZERO 5G Featuring 6nm 5G Master Processor and Uni-Curve design

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  Infinix today launched its first premier 5G smartphone, ZERO 5G, delivering the benefits of 5G – such as higher speeds, seamless connection, faster downloads and greater coverage more accessible than ever before. The smartphone is integrated with a 6nm MediaTek’s Dimensity 900 master processor for high-performance gaming, a uni-curve design for a sleek look and feel, a 48MP AI Triple camera with 30x ultra-zoom for crisp close-ups of distant objects, a 6.78'' FHD+ ultra-smooth display with 120Hz Refresh Rate and 240Hz Touch Sample Rate for lower latency and immediate responsiveness and a 5000mAh with 33W quick charge technology to power users through their entire day. “ Infinix is setting a strong course in today’s fast-growing marketplace and providing innovative, yet high-performance 5G technology that is more attainable to users through the new ZERO 5G smartphone,” stated Charles Ding, Deputy Product Director of Infinix Mobility. “Our innovation gives users a smartphone

Telenor Pakistan launches 7th Cohort of Naya Aghaaz

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Telenor Pakistan takes great pride in leading the way when it comes to workplace inclusion and has established itself as a true leader in diversity. In line with this commitment, Telenor Pakistan has launched its 7th cohort of the Naya Aghaz program to drive women’s reintroduction into the workforce. The Naya Aghaaz program, first launched in 2014, was designed to create an inventive way of acquiring talent that aims to get women back to work giving them an opportunity to re-invent themselves in their careers. The recent batch of Naya Aghaaz associates comprises of 11 women , from various geographical, educational and professional backgrounds, who will be placed in varying roles, including gaming, growth hacking, segments, HR partnering, field operations, revenue assurance, tax accounting and B2B enterprise solutions, throughout their 9-month long tenure.Since its inception, Naya Aghaaz has opened doors to not only cater to an untapped segment of the nation’s talented workforce, but a

Internet service and speed disrupted in Pakistan due to a fault in submarine cables

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  The fault was detected in a cable which is at a distance of 400 km from Pakistan’s coast According to the Pakistan Telecommunication Authority (PTA), a malfunction in the underwater cable has impacted internet service and speed across Pakistan. The fault happened in the TransWorld 1 (TW1) cable at a distance of about 400 kilometres off the coast of Pakistan, according to the details. TW1 is a 1,300-kilometer cable system that connects Pakistan, the United Arab Emirates, and Oman. PTA issued a statement in which they revealed the issue at hand, “ Internet services could cause disruption across Pakistan due to a cut reported in TransWorld 1 (TW1) submarine cable system.” “A cable cut has been reported in TransWorld (TW1) submarine cable system at about 6 PM on Monday, this fault has caused an outage of international bandwidth and may result in degradation of internet services for users of TransWorld bandwidth,” the statement continued. PTA’s statement concluded that “The consortium i

Nation’s heartthrob becomes the new face for XIAOMI Pakistan

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  Global tech giant recently signed Ahad Raza Mir , the heartthrob of this Nation, as the official face of Xiaomi. The sole purpose of this collaboration is to raise brand awareness and engage the audience, for this Ahad will be equipped with the right responses and information as he becomes an active Brand Ambassador for Xiaomi . This year’s drop, The Redmi Note 11 series, is all about standing all in the face of adversity while staying true to yourself. Rise to the challenge is a call to action to everyone facing hurdles, it’s a reminder that no matter what life throws at you, you’re more than enough. Just hold your head up high and rise to the challenge! In the TVC for Redmi Note 11 , there is an elephant in the room, the struggles and hurdles faced. The internal battle which is an ongoing dilemma, and how he overcomes them with sheer willpower and Redmi’s support with its features. It’s the journey of how one overcomes and skips hurdles in everyday life while also staying true to w

Hacker Steals $1.7 Million in NFTs From OpenSea Users

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  A hacker carried out a phishing attack to steal potentially hundreds of NFTs from users of OpenSea. According to the latest report, the hacker stole worth a total of $1.7 million on Saturday. On the other hand, the company reassured its users that it was safe to mint, buy, list, and sell NFTs on OpenSea. However, an investigation has started. Hacker Steals $1.7 Million in NFTs From OpenSea Users In a Twitter post, the CEO ruled out OpenSea ’s website as the origin point of the attack. He added that interacting with an email from OpenSea was not a vector for the attack. Similarly, clicking on the site’s banner, signing the new Wyvern smart contract, and using OpenSea’s listing migration tool to move listings to the new Wyvern contract system were determined to be safe, as well. “We’re actively working with users whose items were stolen to narrow down a set of common websites that they interacted with that might have been responsible for the malicious signatures,” Finzer said on Sunda

Zong 4G redefines digitalization with its latest TVC that unveils its new tagline: Let’s Get Digital

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Zong  has taken the industry by storm with its recently  launched TV Commercial starring some of the most prolific Social Media influencers who unveil the new tagline for the brand- Let’s Get Digital . Embracing the digital revolution and leading it from the front, Zong 4G has stretched the conventional boundaries and has proved to be the youth’s brand of choice for their digital needs. As a brand that truly understands the ever-evolving needs of its customers and adapts quickly to meet them, the new clutter-breaking TV Commercial showcases how Zong 4G is resonating with the youth’s feelings and empowering them on an emotional level. Transitioning seamlessly from its former tagline ‘A New Dream’, Let’s Get Digital represents Zong’s digital journey and how effectively it built a solid foundation that caters to the nation’s ever-changing connectivity needs. “At Zong, we understand that leading the nation to a digital future requires much more than just basic infrastructure. Rather it al

Standard Chartered Bank delivers a resilient performance

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Karachi, February 18, 2022 (PPI-OT):Standard Chartered Bank Pakistan Limited (SCBPL) delivered a resilient financial performance in 2021 with a profit before tax of PKR 24.8 billion compared to PKR 23.6 billion in 2020. Performance was driven by strong balance sheet growth, continued productivity improvements and risk discipline. The Bank’s revenue was lower by PKR 3.5 billion primarily due to sharp reduction in interest rates in Q2’20 and market volatility. Despite investment in infrastructure and inflationary pressures, administrative costs continue to be well managed through operational efficiencies and disciplined spending resulting in a decrease of 3% year on year. Moreover, strong recoveries and lower impairments as a result of prudent risk approach led to a net charge of PKR 0.5 billion compared to a net charge of PKR 4.9 billion in the comparative period. All businesses have positive momentum with strong growth in underlying drivers. This is evident from pickup in net advances,

Knowledge Platform, in collaboration with GSMA and CreditPer, launches Pakistan’s first educational device

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        Our goal with this device is to bring education to every household in Pakistan at an affordable price. Expertise Platform, a leading ed-tech company in Pakistan, has released Pakistan’s first academic device in collaboration with GSMA and CreditPer, a leading digital lending platform that provides clean get admission to digital credit to below-served and un-served marketplace segments. Launching this sort of tool and facilitating get entry to it on clean installments thru CreditPer is a recreation changer that is anticipated to take away the digital divide in schooling in Pakistan. This tool offers the entirety a pupil required to have a look at. You could without problems get the tool of their choice advocated by means of expertise Platform, on installments via CreditPer with on the spot financing options. The device comespre-loaded with gaining knowledge of solutions powered by using understanding Platform, a library of content which includes movies, games, and assessments an

Second cohort of UNDP JAZZ SDG Bootcamps concludes

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UNDP Pakistan and Jazz conclude the second cohort of the SDG Bootcamps—on themes of Education, Health, Climate Change, and Digital Transformation. Implemented by School of Leadership Foundation (SoLF), in the second cohort, 131 social enterprises participated, including 42 women-led initiatives. Four social enterprises emerged victorious. The winning social enterprises included—Bechlo.pk from Sindh, a multi-vendor app store created for and by women to sell new and preloved products online; Perwaz from Sindh, a healthcare company that provides drone services to deliver medical aid; Crop Care from Sindh, a mobile app that helps farmers detect crop diseases and recommends solutions; and Edibles from Punjab, working to reduce single use plastic cutlery by introducing sustainable and eco-friendly alternatives. This second round of bootcamps also included one regional bootcamp in Islamabad with a total of 25 social enterprises, including participants from Jammu and Kashmir and Gilgit-Baltist

Google To Overhaul Ad Tracking System On Android Devices

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Google introduced plans Wednesday to restrict ad monitoring on its Android operating gadget, touchy privateness trouble that rival Apple has already moved to cope with on its iPhones. Tech giants are beneath developing pressure to better balance privateness and advert-focused on, as customers bitch, regulators threaten tougher guidelines, however, the companies themselves try and keep access to the record's key to their many billions in advert sales. Apple and Google’s operating software runs on the majority of the arena’s smartphones, as a consequence, any modifications they make to their guidelines have the capacity to affect billions of users. “Our aim… is to increase effective and privateness-enhancing advertising solutions, where users know their statistics is included, and developers and agencies have the equipment to be triumphant on cellular,” Google stated in a declaration. For its part, Apple introduced ultimate yr that customers of its a thousand million iPhones in movem

5G spectrum auction expected next year

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Pakistan Telecommunication Authority (PTA) Chairman principal fashionable (retd) Amir Azeem Bajwa has stated the government has kicked off the public sale procedure of the 5G spectrum on the recommendation of the advisory committee fashioned by means of the authorities. The manner is predicted to finish via the give up of this yr or early subsequent yr and services could be rolled out subsequently. He shared the updates bearing on the plenty-awaited auction of the unused spectrum whilst briefing the assembly of the Senate status Committee on records era and Telecommunication under the chairmanship of Senator Kauda Babar. The PTA chairman knowledgeable the panel all the guidelines and rules had been laid down beforehand of the spectrum auction, he said. “Talks are underway with StarLink concerning the availability of reasonably-priced net via satellite tv for pc, he told the Senate committee, including that StarLink has also registered a business enterprise within the united states of a