Information Technology – Pakistan & Gulf Economist http://www.pakistaneconomist.com Pakistan's Business Financial Magazine Tue, 18 Sep 2018 09:24:33 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Pakistan with 5th generation mobile! http://www.pakistaneconomist.com/2018/07/09/pakistan-with-5thgeneration-mobile/ http://www.pakistaneconomist.com/2018/07/09/pakistan-with-5thgeneration-mobile/#respond Sun, 08 Jul 2018 19:41:01 +0000 http://www.pakistaneconomist.com/?p=17909 Does Pakistan need 5G/5thGeneration Mobile? Can we afford this technology? Would it replace the existing so-called 4G in Pakistan? Are we that technologically-advanced that we should be the first nation in South Asia to test 5thgeneration cellular services for fast connectivity? Are our institutions, both the federal and the provincial, ready for the coordination required …

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The pros and cons of Artificial Intelligence in Pakistan http://www.pakistaneconomist.com/2018/07/09/the-pros-and-cons-of-artificial-intelligence-in-pakistan/ http://www.pakistaneconomist.com/2018/07/09/the-pros-and-cons-of-artificial-intelligence-in-pakistan/#respond Sun, 08 Jul 2018 19:40:37 +0000 http://www.pakistaneconomist.com/?p=17884 Prospects It is a fact that after the tremendous growth in mobile internet, artificial intelligence will soon become the largest future outlet. AI or artificial intelligence – is the science that governs, controls, regulates, and connects all other fields in the world, be they sciences, faculties of engineering, technology, education, or even business. Countries and …

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Telecom sector sees impressive growth in four years http://www.pakistaneconomist.com/2018/07/09/telecom-sector-sees-impressive-growth-in-four-years/ http://www.pakistaneconomist.com/2018/07/09/telecom-sector-sees-impressive-growth-in-four-years/#respond Sun, 08 Jul 2018 19:39:31 +0000 http://www.pakistaneconomist.com/?p=17905 The growth rate of Pakistan’s telecommunication sector has been significant during the last four years. Information Technology and Telecommunication has contributed a lot by bringing Mobile Broadband services – 3G, 4G, LTE, to the country. Pakistan has been working with firm determination for three years and even now is working hard for the development of …

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The way forward for telecom industry in Pakistan for FY 2018-19 http://www.pakistaneconomist.com/2018/07/09/the-way-forward-for-telecom-industry-in-pakistan-for-fy-2018-19/ http://www.pakistaneconomist.com/2018/07/09/the-way-forward-for-telecom-industry-in-pakistan-for-fy-2018-19/#respond Sun, 08 Jul 2018 19:38:32 +0000 http://www.pakistaneconomist.com/?p=17886 The past few years have been difficult for telecom companies across the world and Pakistan is no exception. Overall revenues and cash flows have dipped despite the fact that consumption of mobile data has increased. This has been mainly because telecom companies have invested heavily in their wireless 3G and 4G networks. Fiscal Year 2018-19 …

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Pakistan catching up the e-commerce market http://www.pakistaneconomist.com/2018/07/09/pakistan-catching-up-the-e-commerce-market/ http://www.pakistaneconomist.com/2018/07/09/pakistan-catching-up-the-e-commerce-market/#respond Sun, 08 Jul 2018 19:37:12 +0000 http://www.pakistaneconomist.com/?p=17915 Electronic commerce or e-commerce is no more restricted to only buying and selling online rather it is now mobile commerce, Facebook commerce, interfacing of websites with bank accounts, securing electronic payments through credit and debit cards, Business-to-Business (B2B) activities for manufacturers and traders, online equivalents of the retail outlets, tracking inventories electronically, automated purchasing, lowering …

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Pakistan’s IT industry showing positive growth trend http://www.pakistaneconomist.com/2018/07/09/pakistans-it-industry-showing-positive-growth-trend/ http://www.pakistaneconomist.com/2018/07/09/pakistans-it-industry-showing-positive-growth-trend/#respond Sun, 08 Jul 2018 19:36:24 +0000 http://www.pakistaneconomist.com/?p=17913 Pakistan’s Information Technology industry has demonstrated positive growth trends for the last four years. During 2016-17, Pakistan’s IT exports were $3.3 billion, which have climbed to $5 billion and are expected to grow to $6 billion in the coming years. Enterprise software has grown by 17 percent, marketing tech 15 percent, financial services 13 percent, …

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Granting of industrial status to telecom sector http://www.pakistaneconomist.com/2018/07/09/granting-of-industrial-status-to-telecom-sector/ http://www.pakistaneconomist.com/2018/07/09/granting-of-industrial-status-to-telecom-sector/#respond Sun, 08 Jul 2018 19:35:12 +0000 http://www.pakistaneconomist.com/?p=17917 The telecom sector needs to be granted industrial status. Before the current fiscal year budget, a high-level representatives of telecom companies working in Pakistan had demanded of the government to grant telecom sector industrial status and slash down rate of withholding tax from 12.5 percent to 10 percent. The telecom representatives also asked provinces to …

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Chinese entry into e-commerce and banking industry of Pakistan http://www.pakistaneconomist.com/2018/05/07/chinese-entry-e-commerce-banking-industry-pakistan/ http://www.pakistaneconomist.com/2018/05/07/chinese-entry-e-commerce-banking-industry-pakistan/#respond Sun, 06 May 2018 21:57:40 +0000 http://www.pakistaneconomist.com/?p=16409 After investment in energy and transport sector under China-Pakistan Economic Corridor (CPEC), China is now making headways in the e-commerce and banking industry of Pakistan through Alibaba, Bank of China and Industrial Commercial Bank of China (ICBC). Realizing the potential of CPEC, Pakistani banks are also opening their branches and representative offices in China. This …

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Mushroom growth of business-to-customer opportunity, changing e-commerce landscape http://www.pakistaneconomist.com/2018/02/05/mushroom-growth-business-customer-opportunity-changing-e-commerce-landscape/ http://www.pakistaneconomist.com/2018/02/05/mushroom-growth-business-customer-opportunity-changing-e-commerce-landscape/#respond Sun, 04 Feb 2018 21:50:31 +0000 http://www.pakistaneconomist.com/?p=13800 As the technological landscape changes, so too does the expectation of consumers who shop in stores and online. Mobile technology, social networking and advanced analytics have aided in changing the shopping experience. It is no longer a question of whether or not consumers will migrate to online sales in greater numbers. For instance, regardless of …

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Innovative e-commerce keep advancing financial inclusion in Pakistan http://www.pakistaneconomist.com/2018/01/29/innovative-e-commerce-keep-advancing-financial-inclusion-pakistan/ http://www.pakistaneconomist.com/2018/01/29/innovative-e-commerce-keep-advancing-financial-inclusion-pakistan/#respond Sun, 28 Jan 2018 22:20:19 +0000 http://www.pakistaneconomist.com/?p=13659 In today’s context e-commerce is a potent tool to further the goal of financial inclusion by drawing more people within the digital financial services space, irrespective of income and social status. Through simple payment and delivery options, innovative e-commerce solutions have the potential to transform the overall consumer shopping experience and positively influence customer behavior …

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