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IT industry

Budget to spell doom for Pakistan’s IT industry: P@SHA

KARACHI: Outrightly rejecting the budget 2025-26, IT industry said budget has fatally ignored Pakistan’s IT and...

Updated 12 Jun, 2025 12:00pm

Technology

Budget is ‘death knell’ for IT industry: P@SHA

Budget 'is a signal to the world that Pakistan’s digital economy is not ready to be taken seriously': Pakistan Software Houses Association

Published 11 Jun, 2025 01:17pm

Technology

BudgetFY26: P@SHA calls for 10-year extension of concessional tax regime to help boost IT exports

The Pakistan Software Houses Association (P@SHA) has proposed the government to extend the period of final tax...

Updated 19 Apr, 2025 09:09pm

PM celebrates 23pc surge in IT exports

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday celebrated a 23 per cent surge in the country’s Information...

Updated 19 Apr, 2025 03:30pm

Technology

Country shines at Web Summit Qatar 2025

KARACHI: Representing Pakistan’s IT Industry, Umair Nizam, Senior Vice Chairman of P@SHA has apprised that ...

Published 26 Feb, 2025 08:23am

Business & Finance

LEAP 2025: Minister praises Saudi cos’ investment in IT industry

ISLAMABAD: Shaza Fatima Khawaja, Federal Minister of State for Information Technology and Telecom (MoITT) of...

Published 11 Feb, 2025 08:19am

Business & Finance

Pakistan’s IT sector is keen to show off potential at GITEX Global 2024 in Dubai

DUBAI: Fresh off record exports in the previous fiscal year, Pakistan’s tech sector is gearing up to make the most...

Updated 11 Oct, 2024 07:44am

Technology

Internet speed: Repeated reassurances done little to restore confidence

ISLAMABAD: Repeated reassurances from authorities regarding improving internet speed in the country have done little...

Published 04 Oct, 2024 08:04am

Business & Finance

P@SHA elects new CEC for 2024-26

ISLAMABAD: The IT industry across the Pakistan has elected the new 10-member central executive committee (CEC) for...

Published 20 Sep, 2024 06:58am

Technology

Pakistan’s inclusion in top tiers of Global Cybersecurity Index good news for IT industry: minister

State Minister for Information Technology and Telecommunication, Shaza Fatima Khawaja said on Friday that Pakistan’s...

Published 13 Sep, 2024 10:27pm

Pakistan

IT minister dismisses reports govt throttling internet

Shaza Fatima Khawaja says increasing usage of VPNs caused slower internet

Updated 18 Aug, 2024 08:35pm

Business & Finance

IT industry proposes cybersecurity framework

KARACHI: IT industry has suggested formation of a joint committee, including representatives from the IT industry,...

Published 17 Aug, 2024 06:12am

Business & Finance

IT industry: Higher taxation to give big boost to brain drain: FPCCI

KARACHI: Atif Iqbal Sheikh, President FPCCI, has raise concerns over the recently announced federal budget 2024–25...

Published 28 Jun, 2024 05:41am

Business & Finance

‘IT industry’s budgetary proposals completely overlooked’

ISLAMABAD: The information technology industry’s budgetary proposals were completely overlooked, despite repeated...

Published 14 Jun, 2024 06:31am

Business & Finance

‘IT industry demonstrates growth of -3.02pc owing to decline in telecommunication’

ISLAMABAD: The information and communication industry demonstrated growth of -3.02 per cent because of a decline in...

Published 12 Jun, 2024 06:51am

Opinion

From IMF to IT

Digital revolution. E-commerce. On line expansion. Artificial intelligence. This is what the world has been talking...

Updated 22 May, 2024 06:17am

Business & Finance

IT services exporters: P@SHA proposes taxation reforms

KARACHI: Pakistan Software Houses Association (P@SHA), has apprised that the unanimous and representative budgetary...

Published 15 May, 2024 05:47am

Business & Finance

IT industry to support MoITT in achieving $3.5bn export target

ISLAMABAD: The information technology (IT) industry will fully support the initiatives of the Ministry of IT and...

Published 24 Apr, 2024 03:50am

‘Alarming situation’: Jan IT exports slump 12.4pc to $265m MoM

ISLAMABAD: Data for information technology exports in January 2024 is alarming as it records a decline of 12.4...

Updated 13 Apr, 2024 03:11pm

Opinion

The role of technology in climate action

In the modern era, technology has become an integral part of our lives, shaping how we work, communicate, and...

Published 08 Apr, 2024 04:46am

Technology

‘Promotion of IT industry top priority of govt’

LAHORE: Lahore Development Authority (LDA) Director General Muhammad Ali Randhawa has said that promotion of the...

Published 06 Mar, 2024 04:18am

Perspectives

IT sector will not flourish with frequent social media/internet blockage

If the government of Pakistan wants to see the IT sector flourish and its exports to line up – the government must...

Published 23 Feb, 2024 05:14pm

Pakistan

IT industry urges PM to insulate it against internet disruptions

ISLAMABAD: The information technology industry has urged the government to exclude it from internet suspension. A...

Published 09 Feb, 2024 03:29am

BR Research

Interview with Zeeshan Aftab, Co-Founder & Managing Director - 10Pearls

“The AI revolution is far more powerful than social media and it’s coming.” Zeeshan Aftab is the Co-Founder &...

Published 02 Feb, 2024 07:52am

Pakistan

Govt experience exchange plan: Pakistan, UAE to sign MoU

ISLAMABAD: Pakistan will enter into a MoU with the UAE government for digital Government Experience Exchange...

Published 03 Jan, 2024 05:32am

BR Research

Interview with Burhan Mirza, Corporate Innovator, Investor and Entrepreneur

‘In the IT industry, you need to upskill with the innovation’ Burhan Mirza currently provides consultancy and...

Published 17 Nov, 2023 08:57am

Markets

Pakistan, Saudi Arabia sign deal to cooperate in IT sector

The understanding will facilitate Pakistani companies to work in Saudi Arabia, provide trained IT manpower to Saudi firms, and promote joint ventures

Updated 01 Oct, 2023 11:47pm

Many IT cos parking USD outside country: minister

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 12	282.73
USD PKR Interbank Buying / Jun 12	282.53
USD to Japanese Yen / Jun 12	144.50
USD to Swiss Franc / Jun 12	0.81
Pound Sterling to USD / Jun 12	1.36
Euro to USD / Jun 12	1.15
UK LIBOR % / Jun 12	4.96

Stock	Volume
S&P 500 / Jun 12	6,045.26
India Sensex / Jun 12	81,691.98
Tokyo Nikkei / Jun 12	37,685.10
Nasdaq / Jun 12	19,662.48
Hang Seng / Jun 12	23,873.24
FTSE 100 / Jun 12	8,884.92
Dow Jones / Jun 12	42,967.62
Germany DAX 30 / Jun 12	23,771.45
France CAC40 / Jun 12	7,765.11

Item	Value
Crude Oil USD/Barrel / Jun 12	74.04
Karachi Cotton PKR/37.32 KG / Jun 12	16,485
Gold 10 Grams PKR / Jun 12	305,984
Gold Spot USD/Ounce / Jun 12	3,450.10
Cotton US¢/pound / Jun 12	67.63
Petrol/Litre / Jun 13	253.63
Diesel/Litre / Jun 13	254.64

Gainers
Losers
Leaders

Stock	Price
Invest Bank / Jun 13 Invest Capital Investment Bank Limited(ICIBL)	7.11 ▲ 1 (16.37%)
Grays Leasing / Jun 13 Grays Leasing Limited(GRYL)	7.54 ▲ 0.93 (14.07%)
Gulshan Sp. / Jun 13 Gulshan Spinning Mills Limited(GSPM)	4.18 ▲ 0.43 (11.47%)
Ashfaq Textile / Jun 13 Ashfaq Textile Mills Limited(ASHT)	25.70 ▲ 2.34 (10.02%)
Shadman Cotton / Jun 13 Shadman Cotton Mills Limited(SHCM)	47.38 ▲ 4.31 (10.01%)
LSE Financial Serv. / Jun 13 LSE Financial Services Limited(LSEFSL)	42.97 ▲ 3.91 (10.01%)
Nets Internat.Comm. / Jun 13 Nets International Communication Limited(GEMNETS)	31.35 ▲ 2.85 (10%)
Beco Steel Ltd / Jun 13 Beco Steel Limited(BECO)	14.41 ▲ 1.31 (10%)
Blessed Tex. / Jun 13 Blessed Textiles Limited(BTL)	292.29 ▲ 26.57 (10%)
Sardar Chemical / Jun 13 Sardar Chemical Industries Limited(SARC)	77.88 ▲ 7.08 (10%)

Stock	Price
First IBL Mod. / Jun 13 First IBL Modaraba(FIBLM)	3.31 ▼ -0.82 (-19.85%)
F.Credit & Inv / Jun 13 First Credit and Investment Bank Limited(FCIBL)	11.22 ▼ -1.25 (-10.02%)
PIA Holding Co.B / Jun 13 PIA Holding Company Limited B(PIAHCLB)	18,889.10 ▼ -2098.79 (-10%)
Khyber Textile / Jun 13 Khyber Textile Mills Limited(KHYT)	1,794.55 ▼ -199.39 (-10%)
Universal Ins. / Jun 13 The Universal Insurance Company Limited(UVIC)	9 ▼ -1 (-10%)
Pak Gulf Leasing / Jun 13 Pak-Gulf Leasing Company Limited(PGLC)	20.33 ▼ -2.17 (-9.64%)
First Tri-Star Mod. / Jun 13 First Tri-Star Modaraba(FTSM)	11.50 ▼ -1.1 (-8.73%)
EMCO Industries / Jun 13 Emco Industries Limited(EMCO)	42.50 ▼ -3.86 (-8.33%)
Ghazi Fabrics / Jun 13 Ghazi Fabrics International Limited(GFIL)	9.10 ▼ -0.74 (-7.52%)
United Dist. / Jun 13 United Distributors Pakistan Limited(UDPL)	62.25 ▼ -4.77 (-7.12%)

Stock	Volume
Invest Bank / Jun 13 Invest Capital Investment Bank Limited(ICIBL)	12,202,805 ▲ 1
WorldCall Telecom / Jun 13 Worldcall Telecom Limited(WTL)	7,726,852 ▼ -0.02
Pervez Ahmed Consultancy / Jun 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	6,936,966 ▲ 0.12
Maple Leaf Cement / Jun 13 Maple Leaf Cement Factory Limited(MLCF)	6,664,604 ▼ -1.5
Cnergyico PK / Jun 13 Cnergyico PK Limited(CNERGY)	6,342,614 ▼ -0.26
K-Electric Ltd. / Jun 13 K-Electric Limited(KEL)	6,235,275 ▼ -0.13
Fauji Cement / Jun 13 Fauji Cement Company Limited(FCCL)	5,483,454 ▼ -0.74
Sui South Gas / Jun 13 Sui Southern Gas Company Limited(SSGC)	5,226,578 ▼ -0.42
Bankislami Pak. / Jun 13 BankIslami Pakistan Limited(BIPL)	4,976,752 ▲ 1.03
D.G.K.Cement / Jun 13 D.G. Khan Cement Company Limited(DGKC)	4,361,251 ▼ -3.08

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