Pakistan’s IT and Telecom Sectors Show Strong Growth in FY 2024-25, Economic Survey Reveals

Pakistan’s Economic Survey 2024-25 reports strong growth in IT exports ($2.825B) and telecom revenues (Rs803B). Broadband and telecom subscriptions also surged. For FY 2025-26, ambitious trade targets aim to increase exports ($44.9B) and imports ($79.2B), while keeping the current account deficit low at 0.5% of GDP. Workers’ remittances are expected to remain a key economic pillar at $39.4B. The federal budget is set at Rs17.6 trillion with significant tax collection goals.

Read More

DG Financial Technology and au Financial Service Launch NESTA, Japan’s Next-Generation Secure Payment Platform

DG Financial Technology and au Financial Service launch NESTA, a secure, scalable payment platform supporting 40+ payment methods with tokenization and zero downtime. Aligned with KDDI’s growth strategy, NESTA enhances Japan’s digital payments ecosystem, starting with au and UQ mobile services and planning wider expansion.

Read More

stc Group and Huawei Launch AI-Driven 5G Solution for Gaming and Esports

stc Group and Huawei have launched the region’s first AI-driven 5G network software to enhance connectivity for the gaming and esports industries. The Intelligent Personalized Experience (IPE) 5G-Advanced solution optimizes key network metrics like bandwidth, delay, and jitter in real-time, providing high-quality, uninterrupted gaming experiences for users worldwide.

Read More