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Rocket Internet, a German start-up incubator, has partnered with Ooredoo QSC, a Qatar-based telecommunications provider to form 'Asia Internet Holding' and will jointly build and fund existing e-commerce start-ups especially those focused on mobile services.

Microsoft Pakistan in collaboration with Microsoft Innovation Centers (MIC's), conducted technical sessions for Tech Day 2014 for IT industrialist and community developers in Pakistan. The sessions included exclusive participation from Microsoft's Technological Evangelists from Middle East and Africa (MEA) region demonstrating IT the need for technical advancement in the industry.
Senate''s Standing Committee on Human Rights on Monday has unanimously passed a resolution calling upon the government to lift the ongoing ban on the YouTube website. The committee''s meeting was held here on Monday, with Senator Afrasiab Khattak in the chair. The committee said the issue of lifting ban on YouTube would be raised in Senate session. It opined that the ban on the video-sharing website was of no use.
Pakwheels, the largest community based automobile website in Pakistan on Monday re-launched its online bike portal to provide dedicated services to hundreds and thousands of bike owners across the country. Pakwheels has taken this step to provide comprehensive and unbiased information to general public where they can check latest bike prices, owner reviews, detailed specifications, recommendations and a host of tools online to guide consumers for making right decisions for online buying and selling of bikes.
SAS, a leading provider of business analytics software and services, organised a seminar in collaboration of New Horizon on Enterprise Risk Management & Fraud on March 27, 2014 at a local hotel in Karachi. Speakers were Valery Olivier, (Main Speaker) Sales Director Risk Management for Mideast, Africa & Turkey (SAS), Raheem Eqbal, Chief Operating Officer, New Horizon, Khurram Yamin Regional Sales & Channel Partner Manager for Pakistan, Qatar & Afghanistan (SAS).
Sindh High Court (SHC) on Wednesday sought comments from secretary of Ministry of Information Technology and chairman Pakistan Telecommunication Authority (PTA) on a petition challenging a blanket ban on YouTube. A division bench headed by Justice Irfan Saddat Khan was seized with the hearing of the petition jointly filled by as many as 24 citizens belonging to different strata of society including students, teachers, and bankers.
Global incubator, Rocket Internet's real estate start up Lamudi has received almost US $7 million new funding for Asian operations from a range of investors including Tengelmann Ventures, the investment company of Tengelmann Group, the international multi-sector retailer.

 



 
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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyFebruary
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln