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IT and Computers: Pakistan

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Samsung Electronics Co Ltd on Friday announced financial results for the fourth quarter ended December 31, 2014. Samsung's revenue for the quarter was KRW 52.73 trillion, an 11 percent increase quarter-on-quarter (QoQ), while the operating profit for the quarter was KRW 5.29 trillion, an increase of KRW 1.23 trillion QoQ. In the company's earnings guidance disclosed on January 08, 2015, Samsung estimated fourth quarter consolidated revenues would reach approximately KRW 52.0 trillion with consolidated operating profit of approximately KRW 5.2 trillion.

The federal government on Friday introduced "The Prevention of Electronic Crime Bill, 2015" in the National Assembly aimed at effectively preventing cyber crimes as well as to contribute to the national security of the nation. The government also tabled "The Minimum Wages for Unskilled Workers (Amendment) Bill, 20415" in the House.
Dell introduced its latest products and solutions at its annual Dell Solutions Tour 2015 here on Thursday bringing together IT professionals and seeking help to address key issues in the industry and master the varying landscape to drive IT transformation.
The government has by-passed the Cabinet in case of "National Cyber Security Bill" made part of the National Action Plan (NAP) that would be presented in the Parliament on Friday. This was revealed at a meeting of Senate Standing Committee on Information Technology and Telecommunication (IT&T) that met with Mohammad Idrees Khan Safi in the chair here on Wednesday.
Information Technology (IT) has become a buzz word in this age of technological breakthrough and credible IT solution providers like IBEX Global should focus on SMEs to give a quantum jump to the economic activities in Pakistan, said Mian Muhammad Adrees president Federation of Pakistan Chambers of Commerce and Industry (FPCCI). The seminar was held in FCCI office organised jointly by IBEX and FPCCI on "Cutting Edge Information Technology".
With the support of Samsung, Google and the US State Department, P@SHA on Wednesday launched 'The Nest I/O, incubator and start-up space programme' to help aspiring entrepreneurs in different fields including computer technology without any cost. The programme will help nourish ideas in different fields on entrepreneurship by providing financial assistance and mentoring, head of P@SHA, Jehan Ara, told the participants at the launch ceremony of the Nest at CitiView.
Punjab Chief Minister Shahbaz Sharif has said that information technology is of vital importance for speedy development therefore, Punjab government has adopted a solid strategy for the promotion of modern technology in the province. He said setting up of e-governance was the mission of Punjab government and there was a need to make speedy progress for achieving that objective.

 



 
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ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyNovember
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 25, 2015
Reserves $15.019 bln