News and Press Releases

22nd Board of Directors Meeting

Minister of State for IT & Telecommunication, Ms. Anusha Rahman chaired 22nd Board of Directors meeting on 14th February, 2014.

 

IT COMPANIES CAN PLAY PIVOTAL ROLE FOR BETTERMENT OF PAKISTAN IN TECHNOLOGY SECTOR,ANUSHA RAHMAN KHAN.

Minister of State for Information Technology Ms. Anusha Rehman chaired a meeting/interactive session with the CEOs of more than 40 leading technology companies. Federal Secretary for IT, Mr. Akhlaq Ahmad Tarar, Member IT, Mr. Amir Malik and senior officials of MoIT were also present on the occasion. The Minister said the present government of Pakistan wants to develop technology sector and special heed is being paid to make it vibrant and beneficially for the country and its people. Government is going to establish a state of the art of ICT Park in Islamabad with World Bank funding to promote Academia and IT Industry collaboration and to mitigate their gaps, provide cloud based ICT infrastructure, shared services to create a ‘springtime’ environment and culture conducive to dynamic innovations.

The Minister of State for IT elaborated that a comprehensive technology policy review is underway being formulated and the input of the stakeholders will be taken into consideration while framing of technology policy. We welcome all the volunteer IT companies to come forward with their viable proposals and participate in the ongoing e-government projects including E-Filing System, E-Police, E-Agriculture and E-Health. The government will ensure maximum facilitation and cooperation with such enterprises. The Minister further said that Pakistan Software Export Board (PSEB) is being reviewed. So that maximum benefit should be achieved out of its projects. The government advised PSEB to re-initiate a program to assist Pakistani IT companies in acquiring certifications. PSEB is also going to impart specialized training to IT professionals/graduates.

National ICT internship program has brought encouraging feedback as over 400 graduate are going to get on job training in order to expand the pool of trained IT resources in Pakistan. We all have to give the priority to the national interest, upon our personal ones, so that we could ensure progress and prosperity for the country and the nation in the long run, Minister added.

The CEOs of the IT Companies hailed the efforts of the Ministry to involve and engage them in the dialogue process on the ICT matters in order to enhance the quantum of software exports and to spur the growth of country economy.  They ensured their at most cooperation with MoIT on such endeavors and projects of National interest.

Sad News

CureMD, CEO, Mr. Kamal Hashmat Passed away this morning (7th February, 2014) at Mont Sinai Hospital in New York. We are deeply saddened by this news. May Allah rest the deceased in peace and bless his family with strength to pass this difficult time.

The funeral will be held at Tea Neck Mosque, Masjid Daru-Ul-Islah 320 Fabry terrace,Teaneck NJ 07666 at 1:30pm after Friday prayer. His Burial ceremony will be held in Faisalabad on Monday at 2 PM.

Further details can be requested from:

Mr. Bilal Hashmat

+ 1 (646) 251 6191


Mr. Ali Hashmat
+1 (646) 423 8344


Mr. Zain Hashmat
+92 (300) 834 7829



TPS enables HBL & Ufone to offer corporate payments through mobile phones

Karachi, January 24, 2014: Another milestone has been achieved in mobile banking, where Ufone following its vision of continuous innovation, has launched a new service for corporate sector in collaboration with its partner bank, HBL. Backed by TPS technology, UPayments Business to Business (B2B) service allows corporate users to carry out a range of financial transactions conveniently and efficiently via the unique UPayments platform. This 24/7 service brings much needed convenience to franchise representatives who are no more bound by bank timings to make their daily payments. In the initial phase, over 90 Ufone franchises have come onboard to utilize this service for their daily payments. Launched in August ’13, within a span of few months the service processes over 300 million rupees worth of transactions a month.

Small retailers and distributors will benefit greatly with this new service since they operate at the bottom of the payments cycle. Corporations in these markets now have the opportunity to leverage mobile infrastructure to eliminate inefficiencies in their payments processes and make substantial cost savings.

The registration process is easy where both Ufone and the franchise need to have an account in the partner bank, i.e. HBL, and the franchise representative can register a mobile number on the UPayments service. Once that is complete, transactions can be made using a separate USSD code for corporate payments. This service uses IRIS running at Ufone’s end which directly communicates with the switch at the HBL’s end.

The next phase will include extension of this service to include consumer to business (C2B) payments where this service will be available to the general public to make daily payments to businesses such as restaurants, hospitals etc using mobiles. As a whole ‘UPayments’ platform, using TPS solution IRIS processes over 3 billion rupees worth of transactions in a month which translates to over 100 million rupees of daily transaction volume including Funds Transfer, Interbank Funds Transfer, Utility Bill and telco payments.

21st Board of Directors Meeting

The Honorable Minister of State for IT, Ms. Anusha Rahman chaired the 21st Board of Directors meeting of Pakistan Software Export Board (PSEB). Federal Secretary Mr. Akhlaq Ahmed Tarrar, Member IT Mr. Amir Malik and CEO NetSol Technologies Mr. Salim Ghauri were also present there.