Tag: MOIT

  • Here’s the list of illegal loan apps banned in Pakistan

    Here’s the list of illegal loan apps banned in Pakistan

    The Ministry of IT and Telecom of the government responded to numerous reports and took decisive action against illegal loan apps, resulting in the banning of over 40 such applications. The severity of the issue prompted the ministry to intervene and curb the proliferation of these apps.

    In a statement released on Monday, Federal Minister Aminul Haque directed the Pakistan Telecommunication Authority (PTA), led by Chairman Major General Hafeez-ur Rehman, to promptly address the situation. As a result, 43 applications were immediately blocked in accordance with the ministry’s instructions.

    Additionally, the PTA is collaborating with the Securities and Exchange Commission (SECP) to seek consultation and support in tackling this concerning matter.

    Here’s the list of loan apps recently banned:

    • Superb Loans
    • Fair Loans
    • Plati Loans
    • UrCash
    • MyCash
    • Debit Campsite
    • Loan Credit Cash
    • Easy Mobile Loans
    • Fori Qarz Online Personal Loan
    • Easy Loans Credit Fast Pay
    • Little Cash- Mobile Loans
    • FinMore- Online Credit Loans
    • ZetaLoan- Easy Credit Wallet
    • Qarza Pocket -Personal Funds
    • Asaan Qarza- credit loans
    • Fast Loan
    • Harsha Tube – Quick Money
    • Loanclub
    • Tazza Centre – Get Money Soon
    • Aasan Lab – Easy Apply Money
    • CashCredit-Online Loan money bee
    • Galaxy Loan
    • TiCash
    • CashPro-Immediate Approval
    • Rose Cash – Loan Cash
    • HamdardLoan
    • Bee Cash
    • Yocash
    • Sallam Loan – Online Loan App
    • Whale
    • Zenn Park -Easy Instant Help
    • Get Welfare
    • LendHome
    • QuickCash
    • Mrloan
    • 567 Speed Loan
    • Rico Box – Easy Apply Online
    • Fori Instant Loans
    • 99 Fast Cash Loan
    • Apple Qist Qarz
    • BG Loan
    • Swift Loans
  • Google is officially registered as a company in Pakistan

    Google is officially registered as a company in Pakistan

    Google has opened a liaison office in Pakistan and registered with the Securities Exchange Commission of Pakistan (SECP), according to Brecorder.

    A spokesman for SECP stated that the company “has been registered as a foreign company” in Pakistan, while a Google representative also verified that the liaison office had been opened.

    A liaison office is a foreign company’s office set up to promote its products, offer technical support and advice, consider potential joint ventures, and promote exports.

    The Ministry of Information Technology and Telecommunication (MoITT), according to insiders, was in contact with foreign companies and made arduous attempts to attract them to Pakistan, but the businesses hesitated owing to the political unrest.

    However, there has been a breakthrough in this regard with Google and TikTok agreeing to set up offices in the country, while the talks between the ministry are ongoing with Meta.

  • Enjoy high-speed internet while travelling along Makran Coastal Highway, NH 10

    The Universal Service Fund (USF) has announced that high-speed internet is installed at National Highway-10 (NH 10) Makran Coastal Highway and National Highway-25 (NH 25) Uthal to Quetta Highway.

    USF Pakistan tweeted that: ” USF in partnership with Ufone continues to make progress in National Highway-10 (NH 10) Makran Coastal Highway and NH 25 Uthal to Quetta Highway. Computers are now reaping benefit from high-speed broadband over 640 Kilometre of road segment covering areas of Kech, Awaran, Gwadar, and Lasbella district.”

    Makran Coastal Highway stretches to 653 Kilometres (Km). The road also covers the Arabian sea coast of Pakistan from Karachi in Sindhi to Gawadar in Balochistan and passes through Omara and Pasni.

    Along with the Ministry of Information and Technology (MoIT) and Pakistan Telecommunications Limited (PTCL), the USF Pakistan has installed 85 kilometres of optic Fiber cable to connect nine unserved Tehsils in North Waziristan and South Waziristan.

    The Optical Fiber cable is going to provide high-speed broadband connectivity to regions like Spinwam, Wana, ToiKhulla, Jandola, Sarwakai, Sararogha, and Barwand Tehsil.

    Last week, The board approved contracts to Jazz — Pakistan Mobile Communications Limited (PMCL), Zong — China Mobile Pakistan (CMPAK), and Ufone — Pakistan Telecom Mobile Limited (PTML), for the provision of next-generation internet.

  • Jazz, Ufone, Zong to provide next-gen internet in remote areas of Balochistan, Sindh

    Government has given an approval to private companies for the provision of high-speed internet in the under-served areas of Balochistan and Sindh.

    The Federal Secretary of Ministry of Information technology (MoIT), Shoaib Ahmed Siddiqui chaired the 73rd board of directors meeting regarding Universal Service Fund earlier this week.

    The board approved contracts to Jazz — Pakistan Mobile Communications Limited (PMCL), Zong — China Mobile Pakistan (CMPAK), and Ufone — Pakistan Telecom Mobile Limited (PTML), for the provision of next-generation internet.

    Jazz Telecom has been awarded the contract of Ghotki, Zong is going to work in Jaffarabad, Sohbatpur, and Nasirabad district under the contract. In contrast, Ufone is being awarded the agreement of the Ziarat and Kalat region. The worth of this Sustainable Development Projects is Rs. 895 million in total.

    According to MoIT, Jazz is going to provide high-speed internet to about 2 million citizens residing in Ghotki, Sukkur, and Khairpur district. The approximate area that is going to be covered is 23,252 square kilometres.

    Similarly, under the contract, Zong is going to offer a high-speed broadband connection to 0.4 million people living in the Jaffarabad, Sohbatpur, and Nasirabad district. The approximate area covered via this contract is 3,431 square kilometres.

    Ufone will serve a speedy Broadband connection to a population of 17,406 in the Ziarat and Kalat region of Baluchistan. According to the contract, the telecom company is going to cover approximately 64 square kilometres.

    Other officials that attended the meeting are Maj Gen Amir Azeem Bajwa, the chairman of PTA, NITB CEO Shabahat Ali Shah, Telenor Pakistan CEO Irfan Wahab, PTCL CEO Rashid Khan and Consumer Association of Pakistan Chairperson Kaukab Iqbal.

  • Pakistan’s IT exports surge to $1.2 billion in FY2019-20

    Pakistan’s Information Technology (IT) and IT-enabled Services (ITeS) export remittances have surged by 23.71% ($1.230 billion) in financial year (FY) 2019-2020.

    The numbers were revealed in a performance report released by the Pakistan Software Export Board (PSEB) on Friday.

    According to FY2018-2019, the remittances were $994.848 million and they have now increased to $1.230 billion in FY2019-2020

    Mr Syed Aminul Haq, Federal Minister for IT & Telecommunications (MOIT), said that they have targeted and is working towards increasing these export numbers up to $5 billion in the next three years.

    He further said that under the vision of Digital Pakistan, we should promote and support all IT-related projects and connect Pakistan to the digital world.

    The ministry’s spokesperson also mentioned that 6,000 Pakistan-based IT companies were providing IT products and services to people in over 100 countries.

    Pakistani IT companies have been providing products and services to some of the world’s largest companies. The country has been ranked as the third most popular country for freelancing in the world.

    “The Information and Communications Technology industry of our country has seen high achievements in the past few years. Pakistan is surely heading in the right direction in terms of achieving that $5 billion revenue goal for the industry by the year 2024,” said the spokesperson.