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Information Technology

Petroman to be given status of university

ISLAMABAD- The Ministry of Science and Technology has decided in principle to convert Petroman into a full-fledged university. According to a press release, the ministry has launched a project for the upgradation of Petroman and an amount of Rs39 million has been allocated for the purpose. Under the project the number of students enrolled with […]

Telecom policy draft to be ready in two months

LAHORE- Federal Minister for Science and Technology, Dr Ata-ur-Rehman, has said that the draft of the new ‘Telecom Policy’ would be prepared within a couple of months. “The new policy would not revolve around the monopoly of Pakistan Telecommunication Company Limited (PTCL); rather, it will address the issues arising after foreign competitors enter the telecom […]

Pakistan IT firm in New York bourse

ISLAMABAD- A $647 million Pakistani company has launched itself on the prestigious New York Stock Exchange, Nasdaq, despite the fact that IT stocks are not doing so good in the market. The US-based health sector company, Align Technologies, with its back-up IT development centre in Lahore, has done a successful initial public offering (IPO) and […]

Government may extend tax holiday for software companies to 10 years

ISLAMABAD- The government is seriously considering to extend tax holiday to 10 years for software companies to promote investment in Information Technology (IT) sector, Minister for Science and Technology Dr Atta-ur-Rehman said. “We have already given 5-year tax holiday and now seriously thinking to extend it to 10 years to attract more investment in the […]

Pakistan achieves 80 pc Internet coverage in 10 months

ISLAMABAD- No country has achieved 80 per cent internet coverage in 10 months like Pakistan. This was said by the Federal Minister of Science and Technology Dr Attaur Rehman while speaking at the launching ceremony of WWW.PAKWATAN.COM. One thousands IT kiosks with the help of PSO at petrol pumps he said would be established throughout […]

UAE group to set up IT varsity at Karachi

ISLAMABAD- Federal Minister for Science and Technology Prof. Atta-ur-Rahman said, the government was providing an enabling environment and sufficient incentives for the promotion of IT sector. He stated this in a meeting with a delegation of AI-Ammar Group who expressed the desire to set-up an IT University at Karachi. Atta-ur-Rahman said owing to government policies […]

CEO of NetSol Connect

KARACHI- NetSol International Inc., a U.S. based global developer of customised software applications, has announced the appointment of Amer Saleem as CEO of NetSol Connect, a subsidiary of NetSol International, building the largest IP (lnternet Protocol) backbone provider of ISP services in Pakistan. According to NetSol, as CEO of NetSol Connect, Amer Saleem will carry […]

Pakistan catches eye of foreign IT firms

LAHORE- The anticipation that the bulk of Pakistan’s software exports would touch an average US$8.7 billion mark by 2003 as against US$600 million worth current exports is seen by all those connected with the IT industry in the country and abroad as a glimmer of hope and prelude to prosperity. Foreign firms like Commercenet Singapore […]

Ata-ur-Rehman asks Site Association of Industry (SAI) for solid proposals to set up IT park

KARACHI- Prof Dr Ata-ur-Rehman, Federal Minister for Science and Technology, has advised Site Association of Industry (SAI) to send solid proposals for establishing information technology (IT) park in centre of the city. He assured the members of the association that if they were interested to open software houses the government would be ready to invest […]

Pakistan Telecommunication Company Limited Alcatel sign MoU

ISLAMABAD- The Pakistan Telecommunication Company limited (PTCL) signed a memorandum of understanding (MoU) with M/s Alcatel for quick availability of hardware and software solutions, specially for the primary rate access for promotion of information technology and internet in the country. According to a press release issued by PTCL here, on Wednesday, Abu Shamim M. Arif, […]

Pakistan Telecommunication Corporation Limited (PTCL) to spend Rs 14bn to upgrade IT facilities

ISLAMABAD- Pakistan Telecommunication Corporation Limited (PTCL) has planned to invest Rs,14 billion to enhance the Internet facilities and in this regard a Chinese firm has been awarded the contract of providing 150,000 new internet connection in the country. The Pakistan Telecommunication Corporation Limited spokesman said the annual development plan is worth Rs 15 billion and […]

Draft IT ordinance being revised

LAHORE- Provincial Finance Minister Shahid Hafiz Kardar has said that the Punjab government had established the first ever professional Information Technology body in the country Punjab Information Technology Board (PITB) – and it would keep on supporting the plans and suggestions for the fast growing IT sector. “The government is fully committed to facilitate the […]

IT to be introduced in schools, colleges

HYDERABAD- The secretary of education, Sindh, has said that education was the sine qua non for the development of the country and progress of the nation and the primary education was the foundation stone of the entire educational structure. Education secretary Nazar Hussain Mehar was speaking as chief guest at an Eid Milan Party hosted […]

Dr Atta calls for investment in technology based items

KARACHI- Investments should be made in technology-based items if Pakistan has to move forward and witness development, because such investment would increase the gross domestic product, (GDP) of Pakistan. Federal Minister for Science and Technology Prof Dr Atta-ur-Rahrnan said this in his address at the Convocation 2001 of the NED University of Engineering and Technology […]