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PASHA

P@SHA Chairman Warns of Dire Consequences from VPN Ban on Pakistan’s IT Industry

KARACHI, November 19 2024: Sajjad Mustafa Syed, Chairman of the Pakistan Software Houses Association (P@SHA), has issued a strong warning regarding the severe impact that an internet slowdown and the blocking of Virtual Private Network (VPN) services could have on Pakistan’s burgeoning IT industry. According to Sajjad, such a move would pose an existential threat,…

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Bank Islami

BankIslami Celebrates Women Entrepreneurship Day in Collaboration with State Bank of Pakistan

Karachi, November 19, 2024: BankIslami, a leading Islamic financial institution in Pakistan, recently joined forces with the State Bank of Pakistan (SBP) to celebrate Women Entrepreneurship Day across its branches nationwide. The event was attended by senior women officials from the SBP, who commended BankIslami for its proactive role in promoting financial inclusion for women….

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ECC

Federal Minister for Finance and Revenue Chairs ECC Meeting

ISLAMABAD, November 19 2024: The ECC deliberated on a proposal from the Ministry of Energy (Power Division) regarding a winter demand initiative aimed at optimizing system generation capacity while reducing gas demand. This initiative is designed to shift favorable demand towards electricity for industrial, domestic (ToU and non-ToU consumers exceeding 200 units), commercial, and general…

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PTA NERA

Pakistan Telecommunication Authority Signs Contract with NERA for IMT Spectrum Release

ISLAMABAD, November 19 2024: The Pakistan Telecommunication Authority (PTA) has entered into a consultancy agreement with National Economic Research Associates Inc. (NERA) to enhance next-generation mobile broadband services in Pakistan. The contract, signed on 5th November 2024, focuses on the ‘Release of IMT Spectrum,’ a key initiative aimed at improving mobile broadband services across the…

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Crypto Currency

Cryptocurrencies Surge to New Heights Following Donald Trump’s US Presidential Victory

KARACHI, November 19 2024: The cryptocurrency market has witnessed an extraordinary surge in value following Donald Trump’s resounding victory in the recent US Presidential elections, with the total market capitalization soaring by $820 billion. Before the election, on November 4, the cryptocurrency market closed at a capitalization of $2.5 trillion. However, after Trump’s overwhelming triumph,…

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