Tweet TechLahore announces a $1,000 prize to any individual or team (of students) in Pakistan who will build a computing device on the lines of Prof. Harry Porter’s remarkable relay computer. If the team is successful in building the device, TechLahore will provide further reimbursements of up to $500 for materials used. That’s $1,500 total. [...]
Tweet The KSE has now beat its high three days running, and closed above 15,000 for the first time. Even at these levels, it remains one of Asia’s most attractive high-growth markets because of the comparatively conservative P/E multiples blue-chip companies on the bourse are trading at. This has not gone unnoticed by foreign portfolio [...]
Tweet What is up with the extreme media bias against Pakistan? This morning, CNN focused its cover story on Pakistan’s decision to block YouTube due to the presence of content deemed offensive and inciteful. In the past, Brazil, China and Thailand – to name just a few – have blocked YouTube, but CNN has never [...]
Tweet Mobilink is currently deploying a very large, 8,500 km fiber optic network in Pakistan which will act as the backbone for its traffic by the end of 2008. An article that just appeared in The Daily Times details the project. Mobilink has already invested about $2.5BN in telecom infrastructure development in Pakistan and is [...]
Tweet Kudos to Hasanat and Farrukh, two sophomore students from the Lahore University of Management Sciences who have placed 5th in an MIT Design Contest that required entrants to design, code and document an electricity consumption monitor that uploads information to a central database. Since the competition was open to contestants from all over the [...]
Tweet Remember one of the predictions we made in December? That Worldcall stock would rise at least 15% in 2008? Well, you can call that a slam dunk and here’s a high five! Omantel has just bought Worldcall for a substantial premium over its market cap as of Feb 19th, 2008. Wordcall closed on 19/2/2008 at [...]
Tweet In this news report from ARY, Yusuf Hussain, Managing Director of the PSEB explains that Pakistan’s IT fundamentals are considered to be the best in the world by firms such as Lehman Bros and the internationally respected analyst group, IDC. Yusuf also goes on to explain that while the current size of the IT [...]
Tweet As a consequence of the recent PSEB led business tour of the US, several Pakistani software companies are expecting to cement their ties with customers in America by signing a number of development contracts with them. The list of potential customers reads like a who’s-who of the Fortune 500. Potential contracts are expected from [...]
Tweet We are very happy to report that the Sialkot International Airport (SIAL) which was recently completed (and covered on this site just a few weeks ago) is now handling international traffic. The first outbound international flight for Kuwait left Sialkot yesterday, a Pakistan International Airlines 737 with 102 passengers onboard. It is expected that [...]
Tweet Here’s a worthwhile goal! The PSEB has announced its intention to work with companies to bring in $200M in venture capital, by the year 2011. This was disclosed in a story published by The News. To put things in context, $200M would probably be able to drive the same value creation in terms of [...]
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