This Week In E-commerce

Government Plans to Introduce Ordinance for Establishing a Telecom Tribunal

The interim federal government is contemplating the introduction of an ordinance to establish a telecommunications tribunal. Sources within the IT Ministry have informed that this decision stems from a high number of pending cases in the courts related to the telecom sector.

The caretaker government aims to initiate the auction process for 5G, but this cannot proceed without the availability of spectrum. To address ongoing litigation concerning the spectrum issue, the IT Ministry has proposed the creation of a Telecom Tribunal.>>> READ MORE

IT Sector Expresses Gratitude to Minister for Permitting Retention of 50% of Export Earnings

The Caretaker Federal Minister for IT and Telecom, Dr. Umar Saif, has met a significant request of the IT sector by facilitating the retention of 50% of export earnings, as acknowledged by industry stakeholders.

Previously, IT firms were permitted to retain only 35% of their export revenues in foreign currency accounts. In a recent development, the State Bank of Pakistan (SBP), during the Special Investment Facilitation Council (SIFC) meeting, endorsed the increased forex retention for IT companies after discussions with industry representatives.>>> READ MORE

PTA Signs Memorandum of Understanding to Establish Information Sharing Process

A Memorandum of Understanding (MoU) was signed by the Securities and Exchange Commission of Pakistan (SECP) and the Pakistan Telecommunication Authority (PTA) to formalize the procedures for information exchange and collaboration between the two regulatory bodies.>>> READ MORE

PTA Invites Religious Scholars to Discuss Safe & Responsible Use of Internet and Social Media

At PTA Headquarters in Islamabad, the Pakistan Telecommunication Authority (PTA) arranged a conference with well-known religious professors.

The PTA and religious leaders worked together to address the issues with social media and the internet and to promote a digital environment that respects cultural and spiritual values. This was demonstrated by the event that took place today.

The Web Analysis Division (WAD) PTA Director-General briefly summarized the PTA’s objectives in her welcoming message, which kicked off the program.>>> READ MORE