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Technology

Pakistan’s IT exports surpass $1 billion mark, making history!

For the first time in history, Pakistan’s IT exports have crossed the $1 billion mark, underlining the significant progress that has been made in this field over the past decade. While the Pakistani economy is currently weathering some difficult times, the silver lining provided by the IT and e-commerce arena portends better times ahead if the country’s economic managers make the right investments in the technology sector. According to data…

pakistan satellite launch remote sensing satellite 2018

Pakistan ready to launch indigenously developed satellite

Pakistan Satellite Launch 2018: Pakistan is ready to mark an important milestone in its chequered space programme with the launch of an entirely indigenously developed observatory satellite in July 2018, according to information made available by the Ministry of Foreign Affairs on June 24. Giving details about the development, Foreign Office spokesperson Dr Muhammad Faisal revealed on Twitter that the 285kg Pakistan Technology Evaluation Satellite (PakTES-1A) is fitted with sensors…

Nine Pakistanis featured in Forbes Asia 30 Under 30 2018 list

Nine Pakistanis, belonging to various fields of human endeavour, have made the country proud by making it to the highly prestigious Forbes Asia 30 Under 30 list for 2018. According to information available on Forbes magazine’s website, the “annual 30 Under 30 Asia list features 300 young innovators and disruptors across 10 categories who are re-inventing their industries and driving change” across the continent and the world at large. A…

Pakistan’s E-commerce sector all set to cross $1b in 2018

Pakistan’s E-commerce sector has been on a constant upward trajectory in recent years, with the rise of e-commerce portals and online shopping in the country, which have taken off in a big way. Consequently, looking at the growth of the country’s e-commerce sector, the Pakistan Telecommunication Authority, in its annual report for 2017, had estimated that the sector’s size would balloon to $1 billion by 2020. However, just a few months…

Asia University Rankings 2018: 10 Pakistani universities among top 350

In a significant development for the Pakistani higher education sector, 10 universities from the country have been ranked among the top 350 universities in Asia by the Times Higher Education (THE). Importantly, Quaid-i-Azam University (QUA) has broken into the top 100 universities in the Asia University Rankings 2018. Pakistan’s showing in the rankings is an improvement upon the previous year when seven universities from the country made it to the…

ModulusTech a pakistani startup wins Special Commendation Award at 2017 UNIDO-GCIP Awards

ModulusTech wins Special Commendation Award at UNIDO-GCIP Awards 2017

ModulusTech, a Pakistani startup specialising in providing one-stop, flat-packed, energy-efficient housing solutions, has been conferred upon with a Special Commendation Award at the United Nations Industrial Development Organisation-Global CleanTech Innovation Programme Global Awards 2017, which were held in Los Angeles recently. The startup led by Nabeel Siddique has been recognised for its efforts in developing affordable housing for refugees and internally displaced persons (IDPs). ModulusTech was previously declared the winner…

Dr Jaffar Khan wins 2018 Young Investigators Award

A young Pakistani cardiologist, Dr. Jaffar Khan, has been recognised for the invention of a procedure that has helped in the advancement of cardiac surgery techniques. According to media reports, Dr Khan was honoured by the British Cardiovascular Intervention Society when he was declared the winner of its prestigious 2018 Young Investigators Award in January. The procedure that Dr. Jaffar Khan has invented was recently used to conduct a set…

Pakistan’s online payments space to welcome three new players

While Pakistan’s e-commerce sector in particular, and the country’s online economy in general, have been growing by leaps and bounds in recent years, there is still plenty of room for further growth. One impediment to further expansion Pakistan’s online payments space has been the absence of a reliable online payment system on the lines of PayPal, which is one of the largest internet payment companies in the world. This gap…