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5G services to be launched in 10 months

Caret­aker Federal Minister for IT and Telecommunication Dr Umar Saif and Pakistan Telecomm­unication Auth­ority (PTA) Chairman retired Maj Gen Hafeezur Rehman on Tuesday decided that the 5G services will be launched within 10 months. Dr Umar Saif said that all the hurdles in the launch of 5G services will be removed on a priority basis, adding that issues relating to taxation, teledensity and

Costly electricity, inflation ‘killing’ businesses: FPCCI

Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed grave concerns over the ongoing mass protests and said that Pakistani households and businesses are facing mounting power prices. At a press conference, FPCCI President Irfan Iqbal Sheikh quoted Nepra’s latest forecast for power purchase prices for the fiscal year 2023-24 that reveals a substantial financial burden,

Sugar prices swell to Rs185 per kg

A direction of the Economic Coordination Committee (ECC) on Monday to the relevant agencies to check the hoarding and smuggling of sugar has failed to bring any respite for the consumers as the rates of the sweetener have swelled further. Traders said that the wholesale rate had ranged between Rs164 per kg, up by Rs4 per kg from Monday, thus putting extra pressure on the retail prices which in

Govt fails to douse anger as citizens burn power bills

ISLAMABAD: With the nationwide protests over massive power bills growing, the caretaker government has failed to come up with any relief measures as it tries to strike a balance between avoiding drawing the IMF’s ire and causing more citizens to blow a fuse. In the cabinet meeting presided over by Caretaker Prime Minister Anwaarul Haq Kakar on Tuesday, the interim set-up expressed helplessness

UK, Pakistan need to turbocharge trade in IT sector: UK envoy

The newly appointed British High Commissioner to Pakistan Jane Marriott, the United Kingdom’s first woman high commissioner to Pakistan, who arrived at Karachi on Sunday, visited the Royal Navy’s HMS Lancaster here on Tuesday. The HMS Lancaster is in Karachi on a routine bilateral Royal Navy-Pakistan Navy training exercise ‘White Star’, which commences here on Wednesday (today). The exercise al