
Digital Foreign Direct Investment Forum from 29th in Islamabad
Organised by the Ministry of IT and Telecommunication in collaboration with the Digital Cooperation Organization (DCO), the event will bring together over 400 delegates and more than 200 IT and telecom firms from 30 countries.
The forum aims to highlight investment opportunities across DCO member states, focusing on fintech, artificial intelligence, and cybersecurity.
IT Minister Shaza Fatima Khawaja said the initiative seeks to position Pakistan as a leading hub for digital investment, leveraging its expanding IT sector and skilled workforce.
Pakistan's IT exports rose by 28 percent to $1.86 billion in the first half of FY2024-25, with the country targeting $4 billion in annual exports. Internet penetration stands at 58.4 percent, with 142 million users.
Copyright Business Recorder, 2025
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Business Recorder
10 hours ago
- Business Recorder
‘Foundation of Sino-Pak ties based on mutual respect, trust'
LAHORE: Acting Governor of Punjab, Malik Muhammad Ahmad Khan, has said that the foundation of Pakistan-China relations is based on mutual respect, trust, and affection. He stated that Pakistan greatly values China's cooperation in the country's development and progress. 'CPEC is not only the key to Pakistan's development but also the prosperity of the entire region,' he added. He expressed these views during a meeting with the Chinese Consul General, Zhao Shiren, at Governor House. The meeting discussed the promotion of Pakistan-China relations, progress on CPEC projects, and expanding cooperation in new sectors. Both sides also agreed on the exchange of parliamentary delegations. Chinese Consul General Zhao Shiren invited the Acting Governor to attend the National Day celebrations of the People's Republic of China as a special guest. Later, Acting Governor Punjab Malik Muhammad Ahmad Khan inaugurated a milk sabeel (refreshment stall) during the 982nd Urs celebrations of Hazrat Data Ali Hajveri (RA). The milk sabeel will continue for three days to serve visitors free milk. Speaking on the occasion, the Acting Governor said that following the teachings of the Sufi saints is the key to harmony in society. 'The teachings of Hazrat Data Ali Hajveri (RA) are a guiding light for us,' he remarked. The Urs celebrations are being observed with great devotion and respect, and a large number of devotees from across the country are visiting the shrine. Copyright Business Recorder, 2025


Business Recorder
10 hours ago
- Business Recorder
PESCO launches Pension Management System
PESHAWAR: In a major step towards digital transformation and transparency, the Peshawar Electric Supply Company (PESCO) has launched it's first-ever PESCO Pension Management System (PPMS); a comprehensive software solution in-house. The software was developed by Arif Hameed, Assistant Manager ERP under the leadership of Finance Director PESCO, Yasir Naseem, according to a statement here on Wednesday. This landmark development replaces the company's manual pension system, ensuring swift, transparent, and hassle-free processing of pension cases. The PPMS will significantly reduce the processing time for pension applications, eliminating long-standing delays and challenges faced by pensioners under the old system. Recognizing this achievement, Chairman PESCO Board of Directors, Himayatullah Khan, commended Arif Hameed for his outstanding contribution and awarded him a Certificate of Appreciation. Board Member Fazal-e-Khaliq also presented him with an Honorary Shield as a token of recognition for his commendable efforts. With this initiative, PESCO became the first power distribution company to introduce a comprehensive digital pension management system, setting a new benchmark in public service efficiency and digital transformation within the power sector. This software will manage the complete pension process from initial case preparation to final payment and monthly pension disbursements processed through PPMS eliminate the risk of duplicate payments. It will provide one-click access to detailed payment records for transparency and audit readiness and will automatically make calculations and ensure compliance with pension regulations for all case types. Copyright Business Recorder, 2025


Business Recorder
11 hours ago
- Business Recorder
Alkhidmat Karachi celebrates Independence Day
KARACHI: Alkhidmat Karachi celebrated Pakistan's 78th Independence Day with a lively ceremony at its head office on Wednesday. The event featured a flag-hoisting ceremony and the cutting of a cake adorned in national colors. During the celebrations, CEO Naveed Ali Baig highlighted the sacrifices made by the Muslims of the subcontinent for the creation of Pakistan and the importance of their unwavering determination. He noted that despite strong opposition from the Congress party at the time, the Muslims remained committed to their cause. He emphasized the need for every Pakistani to contribute to the nation's progress and the implementation of an Islamic system. The ceremony concluded with the hoisting of the national flag, the cutting of the cake, and the planting of a sapling, all symbolizing unity and hope for the future. Badges and national flags were distributed among the staff as a gesture of celebration and patriotism. Copyright Business Recorder, 2025