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IT sector

FD raises objections over 5Es Framework for enhancing exports

ISLAMABAD: The Finance Division has raised objections over the 5Es Framework for enhancing exports, while saying ...

Published 06 Mar, 2023 07:45am

Business & Finance

Growth in exports shows IT sector’s potential: experts

LAHORE: “The IT sector in Pakistan has shown consistent growth over the last few years, giving a glimpse of its...

Published 25 Jan, 2023 06:25am

Pakistan

PM wants committee for liaison between govt, IT industry

ISLAMABAD: Prime Minister Shehbaz Sharif has ordered the formation of a standing committee for coordination between...

Published 06 Jan, 2023 05:58am

Business & Finance

PM invites foreign cos, experts to tap potential in IT sector

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Wednesday said Pakistan had enormous untapped potential in the...

Published 08 Dec, 2022 05:58am

Pakistan

President for improving Pakistan’s IT ecosystem to facilitate growth

President Dr Arif Alvi on Wednesday urged the need to facilitate the expansion and growth of Pakistan’s ...

Updated 07 Dec, 2022 11:25pm

Technology

Taxation-related issues of IT sector: FBR nominates IR Commissioners as focal persons

ISLAMABAD: The Federal Board of Revenue (FBR), for the first time, nominated Chief Commissioners (Inland Revenue) as...

Updated 03 Dec, 2022 11:52am

Opinion

IT export sector – II

Is there any taxation problem for the IT export sector? This problem is with how Federal Board of Revenue (FBR), the...

Published 24 Nov, 2022 04:28am

Perspectives

The IT sector can help Pakistan's economy, but several factors need to go in its favour

As a veteran reporter, I have been covering the IT sector along with other areas for a while. The one notable thing ...

Published 23 Nov, 2022 07:26pm

Pakistan

IT sector: President for taking advantage of opportunities at global level

LAHORE: Emphasising the need for acquiring religious education along with modern education, President Dr Arif Alvi...

Published 15 Nov, 2022 07:38am

Business & Finance

FCCI chief emphasises growth of IT sector for better future

FAISALABAD: Our economic future is directly linked with the expeditious growth of the IT (Information Technology)...

Published 31 Oct, 2022 07:18am

Growing potential of IT sector: Diaspora in US urged to make investment

ISLAMABAD: Federal Minister for Finance and Revenue Ishaq Dar apprised the Pakistani-American IT/Tech entrepreneurs...

Updated 18 Oct, 2022 09:40am

Business & Finance

Pakistani-American entrepreneurs keen to invest in IT sector

Pakistani-American IT/Tech entrepreneurs have reiterated their intention to invest in the country’s IT sector to...

Published 17 Oct, 2022 01:00pm

Business & Finance

11th ‘Bank of the Future Forum 2022’ held

KARACHI: NdcTech, a leading IT & consulting firm providing transformational services for the banking sector...

Published 15 Oct, 2022 05:38am

Technology

At GITEX, Pakistan makes a pitch for investment in its IT sector

DUBAI: Pakistan made its mark on day two of GITEX GLOBAL 2022, dubbed the world’s largest tech show, where the...

Published 12 Oct, 2022 05:46am

Pakistan

Pakistan-Cambodia ties: Alvi stresses need for realising full potential of cooperation

ISLAMABAD: President Dr Arif Alvi has said there is an immense scope of improvement in investment, trade and ...

Published 21 Sep, 2022 05:57am

Pakistan

PPDWP approves two schemes of IT sector

LAHORE: The Punjab Provincial Development Working Party approved two development schemes of the information...

Published 13 Sep, 2022 06:12am

Technology

Play Tests not T20s in business, IT sector stalwarts advise startups

KARACHI: IT sector stalwarts have advised startup founders to play the long game and avoid going for the quick buck,...

Published 24 Aug, 2022 09:17pm

Pakistan

PPDWP approves two more schemes

LAHORE: The Punjab Provincial Development Working Party on Friday approved two development schemes of governance and...

Published 13 Aug, 2022 05:21am

Editorials

IT sector concerns

EDITORIAL: It’s very important to digest some IT (Information Technology) sector statistics before understanding...

Published 05 Aug, 2022 06:27am

Technology

Pakistan's software developers emerging among top choices for US-based companies: Turing CEO

Siddharth says company focused on South Asia with Pakistani IT professionals high on its radar

Updated 02 Aug, 2022 10:59pm

BR Research

FDI in FY22

FY22 has been roller coaster ride not only politically but also economically for the country. For foreign direct...

Published 25 Jul, 2022 09:33am

Pakistan

Pakistan needs to curb corrupt practices: Alvi

ISLAMABAD: President Dr Arif Alvi said that all state institutions and media should create an enabling environment...

Published 23 Jul, 2022 04:10am

Technology

US-based Turing eyes Pakistan's software engineers as it expands in South Asia

Turing, an information technology company that enables businesses to hire software engineers from around the world,...

Published 30 Jun, 2022 08:48pm

Business & Finance

Under amended finance bill: Scope of IT and IT-enabled services expanded

ISLAMABAD: The Federal Board of Revenue (FBR) has expanded the scope of the definition of IT and IT-enabled services...

Published 26 Jun, 2022 05:44am

Over Rs300m yearly income: 13 sectors to pay 10pc supertax for a year: Miftah

ISLAMABAD: Finance Minister Miftah Ismail Friday announced a 10 percent super tax on 13 sectors – having yearly...

Updated 25 Jun, 2022 09:43am

BR Research

ICTs in the budget

Evaluating the latest federal budget’s taxation measures for the local Information and Communication Technologies...

Published 15 Jun, 2022 08:19am

IT sector, freelancers and startups: FBR ‘drafting’ ordinance aimed at extending incentives

ISLAMABAD: The Federal Board of Revenue (FBR) is drafting a Presidential Ordinance to extend grant incentives,...

Updated 19 Mar, 2022 04:23pm

Pakistan

Package for IT sector: govt envisages $1bn yearly inflows

ISLAMABAD: The government envisages forex inflows of $1 billion annually for companies/freelancers, besides bringing...

Updated 02 Mar, 2022 09:48am

‘National e-commerce portal’ launched: PM says IT export boost can help reduce fiscal deficit

Says government has decided to reduce tax for registered IT freelancers to zero

Updated 22 Feb, 2022 09:34am

Business & Finance

MoC begins to fine-tune agenda ahead of Pak-US meeting on TIFA

ISLAMABAD: Ministry of Commerce (MoC) has started consultations with other line ministries to finalize agenda for an...

Published 15 Feb, 2022 06:45am

Gainers
Losers
Leaders

Stock	Price
Chakwal Spinning / Mar 30 Chakwal Spinning Mills Limited(CWSM)	1.36 ▲ 0.20 (17.24%)
First IBL Mod. / Mar 30 First IBL Modaraba(FIBLM)	5.90 ▲ 0.60 (11.32%)
First Pak Mod. / Mar 30 First Pak Modaraba(PAKMI)	1.34 ▲ 0.13 (10.74%)
Dewan Sugar / Mar 30 Dewan Sugar Mills Limited(DWSM)	2.57 ▲ 0.23 (9.83%)
Unicap Modaraba / Mar 30 Unicap Modaraba(UCAPM)	1.77 ▲ 0.15 (9.26%)
Premier Insurance / Mar 30 Premier Insurance Limited(PINL)	7.50 ▲ 0.63 (9.17%)
B.R.R.Guardian / Mar 30 B.R.R. Guardian Modaraba(BRR)	12.04 ▲ 0.99 (8.96%)
Ismail Ind. / Mar 30 Ismail Industries Limited(ISIL)	518.26 ▲ 36.15 (7.50%)
Khyber Tex. / Mar 30 Khyber Textile Mills Limited(KHYT)	397.42 ▲ 27.72 (7.50%)
Suraj Cotton / Mar 30 Suraj Cotton Mills Limited(SURC)	102.53 ▲ 7.15 (7.50%)

Stock	Price
First Prudential Mod. / Mar 30 First Prudential Modaraba(PMI)	1.40 ▼ -0.24 (-14.63%)
Trust Mod. / Mar 30 Trust Modaraba(TRSM)	1.30 ▼ -0.20 (-13.33%)
Sapphire Fibres / Mar 30 Sapphire Fibres Limited(SFL)	1018 ▼ -82.00 (-7.45%)
Sardar Chemical / Mar 30 Sardar Chemical Industries Limited(SARC)	32 ▼ -2.55 (-7.38%)
Gadoon Textile / Mar 30 Gadoon Textile Mills Limited(GADT)	192.50 ▼ -15.30 (-7.36%)
Philip Morris Pak. / Mar 30 Philip Morris (Pakistan) Limited(PMPK)	461 ▼ -36.43 (-7.32%)
Pakistan Services / Mar 30 Pakistan Services Limited(PSEL)	876 ▼ -69.10 (-7.31%)
Shield Corp. / Mar 30 Shield Corporation Limited(SCL)	282 ▼ -22.00 (-7.24%)
Bal. Wheel / Mar 30 Baluchistan Wheels Limited(BWHL)	68.42 ▼ -5.18 (-7.04%)
JDW Sugar / Mar 30 JDW Sugar Mills Limited(JDWS)	356 ▼ -26.79 (-7.00%)

Stock	Volume
Telecard Limited / Mar 30 Telecard Limited(TELE)	12,447,500 ▼ -0.21
WorldCall Telecom / Mar 30 Worldcall Telecom Limited(WTL)	9,398,662 ▲ 0.01
Pakistan Alumin / Mar 30 Pakistan Aluminium Beverage Cans Limited(PABC)	7,638,000 ▲ 0.23
Pak Elektron / Mar 30 Pak Elektron Limited(PAEL)	6,136,500 ▼ -0.05
Pak Int.Bulk / Mar 30 Pakistan International Bulk Terminal(PIBTL)	6,018,500 ▲ 0.08
Engro Corp / Mar 30 Engro Corporation Limited(ENGRO)	5,429,492 ▼ -0.02
Nishat Mills Ltd / Mar 30 Nishat Mills Limited(NML)	4,517,879 ▲ 0.46
Shifa Int.Hosp / Mar 30 Shifa International Hospitals Limited(SHFA)	4,299,000 ▼ -1.99
Agha Steel Ind. / Mar 30 Agha Steel Ind.Ltd(AGHA)	3,645,000 ▲ 0.36
K-Electric Ltd. / Mar 30 K-Electric Limited(KEL)	3,416,092 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 30	285.65
USD PKR Interbank Buying / Mar 30	283.65
USD to Japanese Yen / Mar 30	132.47
USD to Swiss Franc / Mar 30	0.92
Pound Sterling to USD / Mar 30	1.23
Euro to USD / Mar 30	1.08
UK LIBOR % / Mar 29	4.81

Stock	Volume
S&P 500 / Mar 29	4027.81
India Sensex / Mar 29	57960.09
Nasdaq / Mar 29	11926.24
Dow Jones / Mar 29	32717.60
Tokyo Nikkei / Mar 30	27782.93
Hang Seng / Mar 30	20309.13
FTSE 100 / Mar 30	7578.80
Germany DAX 30 / Mar 30	15430.39
France CAC40 / Mar 30	7235.99

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 29	18935
Gold 10 Grams PKR / Mar 29	176268
Crude Oil USD/Barrel / Mar 30	72.81
Gold Spot USD/Ounce / Mar 30	1963.79
Cotton US¢/pound / Mar 30	82.34

IT sector

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