Trends - Telecommunication - Business Recorder

Telecommunication

Surging IT exports

The newly elected Finance Minister has hinted at touching $3.5 billion in IT exports for FY24, and part of it is due...

Published 29 Mar, 2024 09:18am

Business & Finance

Implementation of around 150 projects: USF has given Rs141.66bn in subsidy to telecom operators so far

ISLAMABAD: The Universal Service Fund (USF) has awarded Rs 141.66 billion in subsidy so far to telecom operators for...

Published 26 Mar, 2024 04:20am

Pakistan

Setting up of ‘Telecommunication Appellate Tribunal’ notified

ISLAMABAD: The government has notified the establishment of Telecommunication Appellate Tribunal – a long-standing...

Published 05 Jan, 2024 03:12am

Alleged violation of laws: Sacked MD of NTC to face disciplinary proceedings

ISLAMABAD: The sacked Managing Director, National Telecommunication Corporation (NTC) is to face disciplinary...

Updated 30 Dec, 2023 08:53am

Technology

PTCL chief explains acquisition of Telenor Pakistan

Says market consolidation will create value as Pakistan's sector is just big enough for three major players

Updated 15 Dec, 2023 04:21pm

5G will be arriving in July next year, says minister

ISLAMABAD: Caretaker Federal Minister of Information Technology and Telecommunication Dr Umar Saif on Friday...

Updated 09 Dec, 2023 09:02am

Business & Finance

New FAB ED: govt initiates appointment process

ISLAMABAD: The government has initiated the process for appointing new Executive Director Frequency Allocation Board...

Updated 07 Dec, 2023 09:17am

Pakistan

Clarification by PTML

ISLAMABAD: In reference to the information circulating on various sections of social media, the PTML would like to...

Published 12 Aug, 2023 06:26am

Business & Finance

Japan open to selling NTT stake to fund defence spending

TOKYO: A heavyweight politician of Japan’s ruling Liberal Democratic Party (LDP) said on Sunday the government is...

Published 07 Aug, 2023 06:34am

Business & Finance

PTCL Group introduces 6 months maternity & 30 days paternity leaves

KARACHI: Pakistan’s largest telecommunication and integrated ICT services provider, PTCL Group (PTCL & Ufone...

Published 03 Aug, 2023 05:54am

Business & Finance

FY 2022-23: IT, ITeS export remittances decline in nine months

ISLAMABAD: The IT and IT-enabled Services (ITeS) export remittances comprising computer and call centre services...

Published 20 Apr, 2023 06:30am

Technology

‘Regulations for Telecom Equipment Standards, 2023’ to be applicable on all licences issued under 1996 Act

ISLAMABAD: Pakistan Telecommunication Authority (PTA) has prepared “Regulations for Telecom Equipment Standards,...

Published 22 Feb, 2023 03:30am

LCs issue: CMOs likely to get force majeure for new projects

ISLAMABAD: The government is likely to grant force majeure to cellular mobile operators (CMOs) for 10 new...

Updated 17 Jan, 2023 08:55am

Pakistan

Broadband facilities: Over 70 connectivity projects under way, says minister

ISLAMABAD: Federal Minister for IT and Telecommunication Syed Aminul Haque said over 70 connectivity projects worth...

Published 26 Nov, 2022 04:13am

Technology

Minister vows to launch 5G technology next year

ISLAMABAD: Federal Minister for IT and Telecommunication Syed Aminul Haque, on Tuesday, vowed to launch 5G ...

Published 16 Nov, 2022 05:50am

Business & Finance

Telenor pushes ahead with plan to sell Pakistan operations: report

Strategic buyers in the Middle East and Asia are expected to show interest, reported Bloomberg

Updated 10 Nov, 2022 03:34pm

Pakistan

Flash floods adversely affect telecommunication in Balochistan

ISLAMABAD: The recent flash floods in Balochistan have caused multiple optic fibre breaks impacting voice and data...

Published 26 Jul, 2022 04:31am

BR Research

Slowdown in IT exports?

Amid the economic gloom, Pakistan’s IT exports continue to provide some light. The latest central bank data show...

Published 06 Jul, 2022 09:01am

Business & Finance

IT exports remittances surge to all-time high

ISLAMABAD: The Information Technology (IT) exports remittances including telecommunication, computer, and ...

Updated 29 Jun, 2022 10:30am

Jul-Mar ICT export remittances up 29.26pc to $1.948bn YoY

ISLAMABAD: ICT export remittances including telecommunication, computer and information services during the first...

Updated 24 Apr, 2022 09:10am

Business & Finance

Jul 2021 to Jan 2022: ICT export remittances surge to $1.487bn

ISLAMABAD: The ICT export remittances, including telecommunication, computer and information services for the period...

Published 26 Feb, 2022 04:37am

H1 ICT export remittances surge to $1.302bn

ISLAMABAD: The ICT export remittances, including telecommunication, computer and information services for the first...

Updated 23 Jan, 2022 10:17am

Jul-Nov ICT export remittances increase 37.57pc to $1.05bn YoY

ISLAMABAD: The ICT export remittances, including telecommunication, computer and information services for the period...

Updated 22 Dec, 2021 09:57am

Jul-Oct ICT exports surge 39.26pc to $830m YoY

The government has set a target of $5 billion for export remittances through IT and IT-enabled services for the next three years

Updated 21 Nov, 2021 09:50am

BR Research

FDI - need for a new perspective

The needle on FDI is not moving; the latest monthly FDI data by the central bank's shows nothing jovial. Net foreign...

Updated 20 Sep, 2021 08:27am

Pakistan

Export of telecom, computer, info services register 43.61pc growth in 9 months of FY20-21

Pakistan has received $ 1,052.95 million by export of services in telecommunication, computer and information sectors during July 2020 to March 2021.

Published 08 Jun, 2021 07:39pm

Pakistan

IT, telecommunication: All events, ceremonies to be conducted in national language: ministry

ISLAMABAD: The Ministry of Information Technology and Telecommunication has notified that all the events and...

Published 08 Jun, 2021 04:09am

Business

Advance income tax on telecom sector to be reduced

ISLAMABAD: The Finance Ministry has assured of reducing advance income tax on telecom sector from 12.5 percent to 10...

Published 27 May, 2021 03:40am

Pakistan

PSEB launches training program for IT professionals

ISLAMABAD: The Pakistan Software Export Board (PSEB), an entity of the Ministry of Information Technology and...

Updated 07 May, 2021 10:06am

Pakistan

MoIT DDWP approves project worth Rs651.771m

ISLAMABAD: The Departmental Development Working Party (DDWP) of the Ministry of Information Technology and...

Published 01 May, 2021 03:28am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 31	278.42
USD PKR Interbank Buying / May 31	278.22
USD to Japanese Yen / May 31	156.89
USD to Swiss Franc / May 31	0.90
Pound Sterling to USD / May 31	1.27
Euro to USD / May 31	1.08

Stock	Volume
S&P 500 / May 30	5235.48
Nasdaq / May 30	16737.08
FTSE 100 / May 30	8231.05
Dow Jones / May 30	38111.48
Germany DAX 30 / May 30	18496.79
France CAC40 / May 30	7978.51
India Sensex / May 31	74020.51
Tokyo Nikkei / May 31	38487.90

Item	Value
Gold 10 Grams PKR / May 30	208076
Crude Oil USD/Barrel / May 31	77.90
Karachi Cotton PKR/37.32 KG / May 31	207219
Gold Spot USD/Ounce / May 31	2345.48
Cotton US¢/pound / May 31	76.09
Petrol/Litre / Jun 1	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 1 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 1 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jun 1 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 1 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 1 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 1 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 1 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jun 1 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 1 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 1 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 1 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jun 1 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 1 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 1 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 1 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 1 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jun 1 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 1 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jun 1 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jun 1 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jun 1 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jun 1 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jun 1 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jun 1 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jun 1 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jun 1 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jun 1 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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