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Information session held at Arfa Software Technology Park

Friday, 24 May 2013
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The Information Technology University, Punjab (ITU) aims to implement a unique teaching methodology and cross-disciplinary research that is grounded in solving real-world problem. ITU-Punjab's Vice Chancellor, Dr Umar Saif stated this while speaking at an information session held at the Arfa Software Technology Park.

Pakistan adopts Chinese GPS satellite system

Sunday, 19 May 2013
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Pakistan is set to become the fifth Asian country to use China''s domestic satellite navigation system which was launched as a rival to the US global positioning system, a report said Saturday. The Beidou, or Compass, system started providing services to civilians in the region in December and is expected to provide global coverage by 2020. It also has military applications.

Lahore's student develops 'Rush Hour Controller' software

Saturday, 18 May 2013
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Software developed by a 9th class student from Lahore has won silver medal in the e-biko International Project Olympiad held recently in Ankara, Turkey. Muhammad Abdullah Abid son of Muhammad Ismail Abid, a student of PakTurk School Lahore developed software 'Rush Hour Controller' which can change traffic signals according to the number of vehicles on the road after collecting data through a normal Webcam.

'IT knowledge has prime importance in today's world'

Wednesday, 15 May 2013
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In today's world, IT knowledge is of prime importance as it not only unlocks the doors of progress and prosperity but also provides a chance to get access to global opportunities. Lahore Chamber of Commerce and Industry (LCCI) Vice President Mian Abuzar Shad stated this while speaking at certificate-awarding ceremony arranged for the participants of "LCCI Web Graphic Skill Course with SEO" here at the Lahore Chamber of Commerce and Industry.

System upgradation: MoU with foreign IT companies likely: minister

Thursday, 09 May 2013
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Caretaker Minister for IT, Mian Zahid Hussain on Wednesday said that Sindh govt may sign a Memorandum of Understanding (MoU) with foreign IT companies to replace obsolete systems in various government departments. Addressing a dinner reception hosted by Captain Moiz Khan at Karachi Club, Mian Zahid said that he will soon hold a meeting with Intel Corporation's Country Chief in order to negotiate upgradation of IT system of government of Sindh and acquiring latest technology.

PHMA prepares budget proposals

Thursday, 09 May 2013
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The Pakistan Hardware Merchants Association, PHMA, (Northern Zone) in its Executive Committee Meeting held at its zonal office, presided by the Association Chairman Engr. Sajjad Afzal Sheikh on Budget Proposals for Financial Year 2013-2014.

Government asked to take notice of unscheduled loadshedding

Thursday, 02 May 2013
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Chairman Pakistan Hardware Merchants Association (PHMA) Northern Zone, Sajjad Afzal Sheikh has urged the government to take notice of unscheduled interruption of electricity at business centres as well as industrial premises causing not only loss to the industry but also to national exchequer.

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Banking Review 2012

Annual2011/12
Foreign Debt $65.562bn
Per Cap Income $1,372
GDP Growth 3.7%
Average CPI 10.08%
MonthlyApril
Trade Balance $-1.779 bln
Exports $2.130 bln
Imports $3.909 bln
WeeklyMay 20, 2013
Reserves $11.601 bln