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Importance of education for Pakistan

  For a long time and in many societies, education for all has been a debate for the progress and the development of society. Education is what helps an individual to be more aware of what is happening around the world; it is about the attainment of knowledge and being able to understand the difference between right and wrong. In a society like Pakistan’s which is still developing and progressing, …

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Overseas investors demand one window tax collection

  The overseas investors getting upset to deal with various agencies responsible for tax collection have urged upon the government to integrate all revenue collections under one ministry to improve doing business environment. Overseas Investors Chamber of Commerce and Industry (OICCI) the representative body of the overseas investors in Pakistan, however, has extended its support to the Sindh government in its efforts to increase revenue collection and streamline the taxation …

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Expected 3g/4g auctions – what does it mean for mobile communication?

  A major change in the cellular market is the upcoming 3G/4G auctions which under the directives of Pakistan Telecommunication Authority (PTA) expected to be introduced in the country in the 3rd week of this month. These auctions will bring in US$1.3 billion in investments. The auctions are expected to give Pakistan a jump in mobile communication services, which have long been part of more developed markets. The auctions will …

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Mobile packages and moral values

  No doubt in terms of promoting investment and encouraging competition, Pakistan Telecommunication Authority (PTA) to some extent fulfilling its vision as at present Pakistan stands in all over the world in 9th place and in Asia it ranks 5th in Mobile phone user. The subscribers of cellular mobile in Pakistan attained the level of 128.93 million at the end of June 2013. However, in terms of protect consumer interest, PTA failed …

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Banking sector the biggest beneficiary of ITC convergence

  In Pakistan financial institutions have been the pioneer of technology deployment. This is partly because of the nature of their business and partly because of dealing with their counterparts located in developed countries. The added advantage have been that they have ample funds and also because ‘globally acceptable’ hardware and software are available. They also have on credit ‘development of tailor made programs’ that are Pakistan specific. Deployment of …

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Benefits and disadvantages of using cell phones

  The telecommunication industry in Pakistan has witnessed a striking growth over the past 10 years. In early days, owning a mobile phone and a SIM was more of a status symbol rather than a necessity. Due to a number of mobile companies entering into the country since 2004, owning a mobile phone turned into more of a need by virtue of social or economic standing. It was after 2005 …

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Telecom explosion opens new business avenues

  Mobile banking becomes fastest growing payment channel It is because of telecom explosion that opened new concepts of business expansion especially in the financial sector as today the fastest growing payment channel in the country is Mobile Banking. According to official sources the number of transactions increased by 170.7% compared with that in the same period last year. Presently, there are around 1.5 million registered users of Mobile Banking …

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Over 78pc of population face high stakes of vector-borne diseases: UN

  More than 78 percent of the world population is on high stakes of vector-borne diseases due to toxically-infested unsafe drinking water — for which, in almost 72-83 percent cases, particularly in the developing countries of Asian and African regions, the ecologically non compatible sewage system is the major attributable provenance root-source, learnt the World Health Observance through UN WWD 2005-2015 program. According to the UN statistical records, over 8,69,000 …

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Pakistan provides ample opportunities for investment in telecom

  With more than 180 million population and 132.33 million cellular mobile subscribers, Pakistan’s telecom sector offers huge opportunities for international and domestic investors. Foreign telecom firms have important presence in the country. These firms are fruitfully doing business in Pakistan. The telecom sector has attracted considerable foreign investment after the deregulation. During FY06 to FY12, Pakistan’s telecom sector attracted more than US$12 billion of investments including $6 billion foreign …

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Business environment for retail business

  With the positivity instilled with the current government, most segments of the economy are showing positive signs of growth. When talking to businessmen on market potential, most say that the sector which is the best choice for investments is the retail sector. Pakistan has population of 180 million people, and frankly, the only entertainment is food and shopping. The demand of both food and shopping is counter to the …

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