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Govt awards Rs6.5 billion projects for high-speed internet


July 9, 2021
ISLAMABAD: The government has awarded Rs6.5 billion worth of projects to provide high-speed internet to 3.8 million people in southern Punjab, IT minister said on Thursday.
These include six high speed mobile broadband projects and three optic fiber cable projects, Minister for IT and Telecommunication Amin Ul Haque said the ministry of information technology contracted projects, through Universal Service Fund (USF).
The fund was established and managed by the government with contribution of 1.5 percent from telecom operators to expand telecom outreach.
“Under these projects, we are spending a total of Rs708 million for provision of high speed broadband services in three districts of Bahawalpur, Bahawalpur, Rahim Yar Khan and Bahawalnagar,” Haque said. “About 2.6 million people living in 846 villages will benefit from this. Similarly, in Dera Ghazi Khan Division, four districts DG Khan, Layyah, Muzaffargarh and Rajanpur, Rs141 million is being s ....

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SBP takes necessary steps to promote tech startups


SBP takes necessary steps to promote tech startups
Business
March 16, 2021
KARACHI: The State Bank of Pakistan is taking all necessary initiatives to provide an enabling environment for the information and technology startups and women financial inclusion, the central bank’s governor said on Monday.
“The SBP is working on gender mainstreaming policy titled ‘Banking on Equality: Reducing the Gender Gap in Financial Inclusion’.
The proposed policy aims to introduce a gender lens within the financial sector through identified pillars and specific measures, to bring a shift towards women friendly business practices,” the SBP’s Governor Reza Baqir said at an event organised by Sehat Kahani, a telemedicine startup that has raised $1 million in a Pre-Series A round. ....

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