Karachi, April 22, 2019: Pakistan State Oil (PSO) posted 64 percent YoY decline in its third quarter of this fiscal year (3QFY19) earnings, below our expectations due to inventory loss of around Rs200 million during the outgoing quarter (vs. inventory gain of R1.7bn in 3QFY18) and lower penal income. The company recorded loss of around…
Islamabad, April 22, 2019: National Assembly Standing Committee on Information Technology and Telecommunications was informed on Monday that a survey would be conducted across the country to establish Information Technology (IT) Parks. The Parliamentary Body, chaired by Member of National Assembly (MNA) Ali Khan Jadoon, was also informed that Ministry of Information Technology also plans…
Islamabad, April 22, 2019: In the early twentieth-century agricultural economy was at zenith in the Indo Pak sub-continent and the erstwhile Indian Civil Service was created by the colonial powers for the collection of revenue called at that time land revenue. For that purpose, the Indian Civil service was vested with magisterial powers to rule…
By Muhammad Abdullah Peshawar, April 22, 2019: The government of Khyber Pakhtunkhwa has adopted 21 digital solutions for 16 different provincial departments such as the KP Traffic Police, the Bureau of Statistics, the Water and Sanitation Services, and the Provincial Disaster Management Authority, among many others. These digital solutions are improving the efficiency of the…
By Muhammad Abdullah Karachi, April 22, 2019: Pakistan’s exports of IT and IT-enabled services surged to $808 million by the end of third quarter 2018-19, showing a stagnant growth compared with the corresponding period of the previous year. According to the State Bank of Pakistan (SBP), exports of IT and IT-enabled services increased to $808…