Digital transformation can help Pakistan unlock up to Rs. 9.7 trillion ($59.7 billion) in annual economic value by 2030, equivalent to about 19 percent of the country’s GDP in 2020, according to a new report commissioned by Google. The report—released at the Google/P@SHA online event, “Unlocking Pakistan’s Digital Potential”—finds that Pakistan has …
Read More »Daily Archives: November 24, 2021
Shell Makes a Big Announcement on Opening Petrol Pumps During Strike
The news of a strike by petroleum dealers has become a matter of great worry for motorists across Pakistan. However, Shell has announced that it will also keep all of its Company-Owned-Company-Operated (COCO) filling stations open during the strike from 25 November onward. The company has issued the following statement …
Read More »Telecom Revenue Shrank by 4.1% While Indicators Going Up in FY21
The telecom industry recorded a decline in revenue stream by 4.1 percent to Rs. 541.4 billion in FY21 according to the State Bank of Pakistan (SBP). The SBP in its Annual Report 2020-21 on the State of Pakistan’s Economy, stated that the communication subsector contracted during the fiscal year 2021, …
Read More »PTA and FBR Ordered to Devise a New Taxation Strategy for Mobile Users
A parliamentary panel on Wednesday expressed serious concerns over the huge taxes levied on mobile users and directed the Pakistan Telecommunication Authority (PTA) and the Federal Board of Revenue (FBR) to formulate a comprehensive strategy for the benefit of consumers. The National Assembly Standing Committee on Cabinet Secretariat met with …
Read More »Nikkiso Cryogenic Industries Becomes North American Authorized Aftermarket Partner for Tatsuno
TEMECULA, Calif., Nov. 24, 2021 (GLOBE NEWSWIRE) — Nikkiso’s Clean Energy & Industrial Gases Group (“Nikkiso”) announced the signing of a Memorandum of Understanding (MOU) with Tatsuno North America, Inc. (“Tatsuno”) to initiate cooperation as the Authorized Aftermarket Partner for their Hydrogen Dispensers in North America to establish a framework for cooperation. Under the terms […]
Read More »Nikkiso Clean Energy & Industrial Gases Group Announces Formation of Expanded Marine Facility in Korea
TEMECULA, Calif., Nov. 23, 2021 (GLOBE NEWSWIRE) — Nikkiso Clean Energy & Industrial Gases Group (Group), a subsidiary of Nikkiso Co., Ltd (Japan), is proud to announce the expansion of our Busan Korea facility to accommodate their new Marine Center. This expansion represents their commitment to and support of the growth of the Korean shipbuilding […]
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