The Telenor Group has expressed concerns over the prolonged delays in the proposed sale of its Pakistani operations to Pakistan Telecommunication Company Limited (PTCL), while the delay was leading to continual decline in the customer base of Telenor Pakistan In the first quarter report of current calendar year released in Norway, Telenor International has said…
The Securities and Exchange Commission of Pakistan (SECP) has released a Consultation Paper on Standard Principles for Recognition and Conduct of Industry Associations, introducing a strategic framework aimed at strengthening Pakistan’s financial sector through enhanced self-regulation. The SECP has stated from Islamabad on Monday that the proposed framework sets out a clear roadmap for eligible…
With the approval from Pakistan Space Activities Regulatory Board (PSARB) American company Starlink- providing satellite based internet, is just one step short of launching its services in Pakistan, which will also give the muscle to the government to demand discontinuation of Starlink services to illegal users. While the move has been welcomed by the Minister…
In a strange move the Incumbent government has claimed that not passing on the drop in global oil rates to the consumers in Pakistan was a Relief. Amid declining prices in the international markets and stable Rupee-Dollar parity the government has decided to maintain oil rates in the country instead of reducing it.Instead the official…
While acknowledging that government holds the ownership of the PTCL and the Ufone with majority of shares, the minister for IT & Telecom also accepted that the Ufone was not sharing its loss making balance sheet with the government. “The Ufone was operationally under Eitsalat therefore the government was not responsible for its constant loss…
The National Cyber Emergency Response Team of Pakistan (PKCERT) has issued advisory against phishing attacks and asked the citizens, to aware themselves against such online fraudulent activities. The advisory issued by PKCERT has said that a new phishing and spoofing attack campaign is actively targeting Pakistani citizens through fraudulent emails impersonating law enforcement authorities. The advisory…
Pakistan Sugar Mills Association (Punjab Zone) has said that Sugar Industry appreciates and supports efforts of the Federal and Provincial Governments of providing cheapest sugar to domestic consumers in the holy month of Ramadan and would make discounted sugar available at Rs.130 through sale points to be established throughout the country. About current sugar prices,…
The government on Saturday reduced the prices of key petroleum fuel for the next fortnight up to the month of March.The prices of aviation fuels both used by the civilian airliners and the military crafts have declined too.With the reduction of Rs 1 the new price of petrol is Rs256.15 per litre.How were the prices…
New laws impose heavy fines and penalties even if elected governments are criticised
Unlike Canada and Mexico, China is ready for a tit for tat over the new war of the tariffs, initiated by the President Donald Trump. The Ministry of Commerce of China on Tuesday announced a 15 pc tariff on American coal and liquefied natural gas, as well as 10 pc on crude oil, farm equipment…