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Express Tribune
11 hours ago
- Business
- Express Tribune
IT potential showcased at US investment conference
Listen to article The embassy of Pakistan in Washington DC on Friday hosted the final sequel of "Pakistan-US Tech Investment Conference 2025," drawing a significant turnout of information technology firms, tech executives, business leaders and entrepreneurs. The day-long event capped the series with earlier sessions in Dallas, Texas and New York City last week, geared towards highlighting Pakistan's growing potential in the IT sector, which was poised to attract foreign investment. The conference was a collaborative effort from the embassy of Pakistan, Pakistan Software Export Board (PSEB) under the Ministry of IT and Telecommunication, the Ministry of Commerce (through its trade officers), P@SHA (Pakistan's sole trade association for IT and IT-enabled services) and The Organisation of Pakistani Entrepreneurs (OPEN) Global. In his opening remarks, Pakistan's Ambassador to the United States Rizwan Saeed Sheikh underscored that the conference was a testament to Pakistan's IT potential and its future ambitions. "The IT sector is the most promising in terms of growth and development. Pakistan is only beginning to unfold its IT potential," the ambassador stated. He highlighted Pakistan's unique position, saying, "Our geography lends us both geopolitical and geo-economic significance and our country has prospered over the past 78 years despite various challenges." Highlighting prospects of collaboration with the US, Sheikh stressed the importance of Pakistan's young, talented population and the profitability of its market for US investors. "Pakistan's IT market offers profit to investors. With a thriving 65% young population below the age of 30, Pakistan and the US have every reason to collaborate in the most futuristic domain, ie, IT. Let's come together as two mega countries and make it happen for the benefit of the whole world," he remarked. The envoy announced an upcoming video series designed to share success stories of Pakistani tech entrepreneurs, aiming to inspire the nation's youth to pursue their dreams in the startup ecosystem. "Pakistan's youth are talented and adept at nurturing startups. They need US mentoring, advisory support and financing for commercial viability of their products," he noted. The conference also featured remarks from Abu Bakar, CEO of PSEB, Sajjad Syed, Chairman of Pakistan Software Houses Association (P@SHA), Tariq Khan, President of OPEN Global and Naveed Shirwani.
Yahoo
13-06-2025
- Business
- Yahoo
Pakistan Concludes High-Impact Presence at London Tech Week 2025, Backed by National Leadership and Global Ambition
ISLAMABAD, Pakistan, June 13, 2025 (GLOBE NEWSWIRE) -- Pakistan's bold participation at London Tech Week 2025 concluded today, marking a significant milestone in the country's ongoing mission to position itself as a leading global tech destination. With strong backing from the Prime Minister of Pakistan and the Ministry of IT and Telecommunication, Pakistan's presence in London reflected a confident, coordinated push toward global tech diplomacy, trade expansion, and digital branding on the world stage. Led by the Pakistan Software Export Board (PSEB) in partnership with TDAP, the initiative brought together 14 of Pakistan's most forward-looking tech companies to the heart of one of the world's largest innovation gatherings. The Pakistan Pavilion at Olympia London welcomed a steady stream of investors, enterprise buyers, policy leaders, and diaspora stakeholders eager to engage with the country's rapidly evolving digital ecosystem. Throughout the week, Pakistan's message resonated loudly and clearly: Think Tech, Think Pakistan. This unified campaign, seen across iconic outdoor branding, black cabs, digital platforms, and the streets of London, was made possible through the visionary leadership and continued support of the Government of Pakistan. In a statement, Prime Minister Muhammad Shehbaz Sharif praised the momentum created through Pakistan's participation: 'I congratulate all stakeholders on Pakistan's impactful presence at London Tech Week 2025. This positions Pakistan as a forward-looking country that is harnessing technology, innovation, and youth potential to engage with the world. 'Our presence at such an important platform reflects our growing digital footprint and global ambition. I commend the Ministry of IT, PSEB, TDAP, and our tech entrepreneurs for presenting Pakistan with vision and purpose. 'As we accelerate our journey toward a knowledge economy, our government's resolute commitment to digital transformation, global tech engagement, and youth empowerment remains unwavering. Pakistan's tech future is bright!' At the core of Pakistan's presence were compelling stories of global delivery, product innovation, and deep tech expertise across sectors including AI, SaaS, fintech, cybersecurity, CRM, and cloud solutions. The Pavilion also served as a meeting ground for B2B engagement, product demos, investor networking, and diaspora-led collaboration. Minister for IT and Telecommunication, Ms. Shaza Fatima Khawaja, who played a pivotal role in driving the campaign from vision to execution, noted: 'What we've achieved at London Tech Week is the result of collective ambition and alignment across government, industry, and our diaspora. Pakistan is no longer knocking at the door; we are stepping into global conversations as a tech partner of value. Our talent, cost efficiency, and innovation are now impossible to ignore.' Supporting this on-ground presence was a multi-format 'Think Tech, Think Pakistan' campaign, designed to increase visibility and spark curiosity across the city. With 50 branded black cabs and strategic ad placements around Olympia and central London, the campaign amplified Pakistan's tech narrative far beyond the exhibition halls. Engagement is surging across digital platforms under #ThinkTechThinkPakistan, with an active contest inviting entries to win a return trip to Lahore or a $1,000 reward. On June 12, PSEB, in collaboration with the Pakistan High Commission UK, OPEN London, TDAP, and P@SHA, is expected to host a high-level networking reception to further strengthen cross-border engagement. The event will bring together tech leaders, investors, and policy influencers for conversations that are expected to lead to long-term partnerships and market entry opportunities. London Tech Week 2025 has reinforced Pakistan's tech potential, not just as a service provider, but as a country building, exporting, and shaping the future of technology. Photos accompanying this announcement are available athttps:// CONTACT: Media Contact: Amir Anzur cmo@ in to access your portfolio


Business Recorder
10-06-2025
- Business
- Business Recorder
IT, ITeS export remittances surge by 23.7pc
ISLAMABAD: Pakistan's information technology and IT-enabled services (ITeS) export remittances including computer services and call centre services, increased by 23.7 percent to US 3.825 billion dollars during July to March of the fiscal year 2025, marking the highest trade surplus among all service sectors at US 2.4 billion dollars, the Economic Survey 2023-24 noted. The sector reached a total of $2.825 billion in export remittances from July to March FY 2025, reflecting a 23.7 percent increase compared to $2.284 billion during the same period of the previous fiscal year, the survey mentioned. In March 2025 alone, ICT export remittances were recorded at $342 million, marking a 12.1 percent rise from $305 million in February 2025. On a year-on-year basis, this also represents an 11.7 percent increase compared to $306 million recorded in March 2024. The Economic Survey highlighted that IT and ITeS industry achieved a trade surplus of $2.429 billion, the highest among all service sectors, growing by 21.6 percent from the $1.997 billion surplus during the corresponding period last year. In stark contrast, the overall services sector posted a trade deficit of $2.318 billion during the same period, further highlighting the ICT industry's vital role in balancing national service accounts. Freelancers based in Pakistan also made a substantial contribution by earning $400 million in foreign remittances during July–March FY 2025. According to the Ministry of Information Technology and Telecommunications, this impressive performance stems from concerted efforts by the Pakistan Software Export Board (PSEB), in coordination with the Special Investment Facilitation Council (SIFC) and key industry stakeholders. These efforts focused on facilitating international market access, supporting digital infrastructure, and enhancing ease of doing business for IT firms. As of March 2025, more than 30,000 IT and ITeS companies were registered with the Securities and Exchange Commission of Pakistan (SECP), reflecting a steady expansion in the formal IT sector. The survey further attributed that the PSEB is executing an ambitious plan to launch 250 e-Rozgaar centres nationwide by FY 2027 under the PSDP project 'Prime Minister's Initiatives – Support for IT Startups, Specialised IT Training, and Venture Capital.' By the end of FY 2025, 50 of these centers are expected to be operational, with a projected target of creating 20,000 new jobs. Currently, more than 50 Software Technology Parks (STPs) and e-Rozgaar centres are operational across primary and secondary cities including Karachi, Lahore, Islamabad, Faisalabad, Quetta, and Gilgit, hosting over 350 IT companies and 4,600 professionals, of which 21 percent are women. In FY 2025 (July–March), over 6,400 IT professionals were trained in advanced and emerging technologies, while 2,700 interns were placed in IT firms, maintaining a high 70 percent retention rate. Additionally, 15 IT firms received international certifications such as ISO 27001 and ISO 27701, while 20 call centers achieved ISO 18295 certification —enhancing Pakistan's global competitiveness in the outsourcing market. The IGNITE-National Technology Fund continued its mission of fostering innovation and entrepreneurship. The National Incubation Centers (NICs) have now incubated over 1,900 startups, out of which 960 have graduated, collectively generating over 185,000 jobs, attracting investments of Rs 30.8 billion, and reporting revenues exceeding Rs 27.3 billion. More than 12,000 women entrepreneurs have been empowered through these programmes. The 2.0 programme has provided over 4.55 million trainings, including to 50,000 overseas Pakistanis, enabling freelancers in the country to earn a cumulative $1.65 billion by December 2024. PSEB also ramped up global outreach during FY 2025, subsidizing the participation of 256 IT companies in 15 international and 2 local events, yielding over $48 million in business leads. The 'TechdestiNation Pakistan' campaign was actively promoted, including the launch of the TechdestiNation Podcast, highlighting success stories and emerging leaders in the sector. To meet the ambitious target of achieving $15 billion in annual ICT exports in the coming years, the government continues to focus on skills development, ease of business, and international partnerships. Copyright Business Recorder, 2025


Business Recorder
09-06-2025
- Business
- Business Recorder
Pakistan's IT sector surges with 24% export growth, $2.4bn trade surplus
Pakistan's Information Technology sector delivered a standout performance in FY2025, with exports of ICT services surging by 23.7% during July–March to $2.825 billion, according to the Pakistan Economic Survey 2024-25. This growth added a much-needed boost to the country's external sector, as IT and IT-enabled services (ITeS) recorded a $2.4 billion trade surplus – the highest among all service industries. Freelancers played a notable role in the sector's performance, contributing $400 million in foreign exchange earnings, underlining the increasing relevance of the digital gig economy in Pakistan. The momentum continued into March 2025, when ICT exports reached $342 million, up from $305 million in February, marking a 12.1% month-on-month increase and an 11.7% year-on-year growth from March 2024. To support and sustain this upward trend, the government is expanding digital infrastructure and promoting entrepreneurship. The Pakistan Software Export Board (PSEB) has initiated the rollout of 250 e-Rozgaar centers by FY2027, aiming to create 20,000 jobs and support freelance work and startup culture. Fifty centers are expected to be operational by the end of FY2025. Additionally, over 1,900 startups have been incubated under the National Incubation Centers (NICs), with 960 graduating successfully. These ventures have generated over 185,000 jobs, attracted Rs30.8 billion in investments, and reported combined revenues of Rs27.3 billion. Over 12,000 women entrepreneurs have been empowered through these initiatives, reflecting the sector's contribution to inclusive growth. On the telecom front, the sector generated Rs803 billion in revenues during July–March FY2025, while contributing Rs271 billion to the national treasury through taxes and duties. Total subscriptions reached 199.9 million, pushing teledensity to 81.3%. The sector's expansion is being supported by international collaboration, including a Joint Working Group (JWG) with China, focusing on ICT infrastructure, cybersecurity, innovation, and regulatory frameworks.


Hindustan Times
07-06-2025
- Entertainment
- Hindustan Times
Ludhiana: Teacher brings Telugu to life with nursery rhyme in school
After the Punjab School Education Board (PSEB) asked schools to teach the basics of Telugu under the Bharatiya Bhasha Summer Camp, Karamjeet Singh Grewal, a government schoolteacher in Ludhiana, went a step ahead as he made students sing a Telugu nursery rhyme. His initiative became the highlight of the Bharatiya Bhasha Summer Camp that commenced across the state schools on Thursday. Grewal, who teaches Punjabi at Government High School, Kheri Jhameri, taught his class 7 and 8 students a Telugu nursery rhyme called 'Cheeni Cheeni Papa Aalu'. The students sang the song with perfect pronunciation and rhythm. They even recorded a video of their performance and uploaded it to YouTube where it received praise from people across India, including native Telugu speakers. As per the PSEB directions, students are to be taught simple Telugu alphabet, colour names, basic sentences and greetings. But Grewal decided to go a step further. 'I want the children to enjoy the process, not just learn the words,' said Grewal. 'Because of my connection with the Scouts and Guides fellowship, I contacted some friends from Andhra Pradesh and Telangana. They helped me choose a meaningful Telugu rhyme and explained its cultural background. I then composed a simple tune to go with it.' The rhyme became an instant hit in the classroom. After just two days of practice, the students were able to sing the rhyme confidently. Grewal's passion for music started in his childhood, when he would sing devotional songs during village morning processions called 'Prabhat Pheris' in Lalton Kalan, Ludhiana. He went on to earn a master's degree in music and has written and composed over 800 songs for children in various Indian languages. In addition to Telugu, he has recorded nursery rhymes in Tamil, Gujarati and Assamese. He now aims to create nursery rhymes in all 24 official Indian languages and eventually branch out into foreign languages too. 'Music is a wonderful way to learn. It brings people together and makes learning joyful,' he said. Grewal has been recognised at both the state and national levels. He received a state award in 2009 and a national teaching award in 2013. In 2022, during India's 75th Independence anniversary celebrations, he won the top prize in a national lullaby contest for a patriotic Punjabi lori (lullaby). His efforts have been praised not just for creativity but for promoting India's cultural unity. At a time when many children struggle to learn new languages, Grewal has shown that music can act as a bridge between regions and cultures. He believes teachers can make a huge difference when given the freedom to innovate. 'If we teach with love and creativity, children will naturally develop interest,' he said. 'Learning a language is like opening a door to someone's culture—and children are the best ambassadors of that idea.'