Pakistan

Pakistan exports $1.7b in IT services in seven months.

Published

11 months ago

Farwa

The Pakistan Bureau of Statistics (PBS) revealed that there has been a 12.78% increase in earnings from service provision, amounting to US $1,724.969 million, compared to the equivalent months of the previous fiscal year 2022–23.

Over the course of the reviewed months, the export of computer services experienced a growth rate of 14.09%, increasing from US $1,224.499 million in the previous year to US $1,397.051 million during the period of July–January 2023–24.

The export of software consulting services increased by 1.14%, from US $3.502 million to US $3.542 million this year. Similarly, the export of hardware consultancy services also saw a jump of 4.73%, from US $454.283 million to US $475.783 million.

The export of repair and maintenance services declined by 12.17%, from US $1.594 million to US $1.400 million. In contrast, the export and import of computer software services increased by 2.71%, from $349.635 million to $359.094 million.

During the specified period, there was a significant decrease of 19.62 percent in the export of information services, dropping from US $2.600 million to US $2.090 million.

The exports of information-related services climbed by 1.99%, from US$0.804 million to US$0.820 million. However, the exports of news agency services declined by 29.29%, from US $1.796 million to US $1.270 million.

According to the data, the export of telecommunication services grew by 7.69%, rising from US $297.870 million to US $320.780 million.

The export of call center services in the telecommunications industry increased by 18.95% during the specified period, rising from US $121.349 million to US $144.350 million. Conversely, the export of other telecommunications services experienced a slight decrease of 0.05%, dropping from US $176.521 million to US $176.430 million. This information was revealed by the PBS data.

Latest News

PTI and JUI (Sherani) decide to proceed by consensus.

Published

3 days ago

Farwa

Jamiat Ulema-e-Islam (Sherani) and Pakistan Tehreek-e-Insaf (PTI) have agreed to proceed together.

Maulana Muhammad Khan Sherani, the leader of JUI (Sherani), met with Barrister Dr. Saif, the Chief Minister of Khyber Pakhtunkhwa’s Information Advisor.

The conference also included former senator Aslam Buledi and former federal minister Muhammad Ali Durrani.

The discussion focused on promoting reconciliation, political cooperation, and collective progress in the country. In addition, Barrister Dr. Saif read Fatiha and expressed sympathy for Maulana Sherani’s wife’s demise.

Barrister Saif recognized Maulana Sherani as a respected religious and political person, a senior member of parliament, and an expert in constitutional law during the meeting. He said that Maulana Sherani’s services are greatly valued by PTI founder Imran Khan and the party, and they hope he will play an active role in promoting trust, cooperation, and national reconciliation.

Maulana Sherani was invited to visit Khyber Pakhtunkhwa by Barrister Saif on behalf of KP Chief Minister Ali Amin Gandapur.

Maulana Muhammad Khan Sherani emphasized the importance of reconciliation in guiding the nation away from conflict and proposed that Muhammad Ali Durrani be instrumental in promoting this process.

Business

SFD and Pakistan Sign Two Deals Totaling $1.61BLN

Published

3 weeks ago

Farwa

Two agreements totaling $1.61 billion have been inked by Pakistan and the Saudi Fund for Development to improve their bilateral economic cooperation.

Entertainment

‘Kashmir Banay Ga Pakistan’ is a new song teased by ISPR for Solidarity Day

Published

3 weeks ago

Farwa

A new anthem, “Kashmir Banay Ga Pakistan,” was issued by Inter-Services Public Relations (ISPR) on Wednesday (tomorrow) in honor of Kashmir Solidarity Day.

Every year on February 5, Kashmir Solidarity Day is commemorated to show solidarity with the people of Indian-Occupied Kashmir.

Renowned musician Ahmed Jahanzeb sings the song, which sends a powerful message of solidarity and dedication to the liberation fighters of Held Kashmir.

Imran Raza wrote the words, while Irfan Saleem and Kamran Khan composed the music.

The song was composed especially to commemorate the momentous day and to reaffirm support for the courageous and tenacious people of Kashmir, who are fighting for their right to self-determination, as guaranteed by the documents of united nations