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Articles for tag: age, digital, Faisal, Kapadia, Music, talks

March 22, 2024

News Desk

Faisal Kapadia talks about music in the digital age, more

For more than three decades, Faisal Kapadia ruled hearts while being an integral part of Strings, a band that not only defined but revolutionized pop music in Pakistan and beyond. Along with bandmate Bilal Maqsood, the duo created tunes that resonated with audiences across borders, earning them a devoted fan base and critical acclaim. After the breakup of the band, Kapadia started his solo journey with his album Zindagi Jahan Le Jaaye, marking a new chapter in his illustrious career. In a recent interview with Khaleej Times by Sadiq Saleem, the music icon shared insights on his journey and the

March 15, 2024

News Desk

PWSMA pushes for digital tax fix

Islamabad: Plastic bag manufacturers have accused the Federal Board of Revenue (FBR) of billions of rupees in annual tax evasion by major producers of the commodity due to malfunctioning production monitoring systems. Industry players have sought the intervention of new finance minister Muhammad Aurangzeb, who is also advocating end-to-end digitization of the tax system to eliminate leakages. The Polypropylene Woven Sack Manufacturers Association (PWSMA) has proposed mandatory printing of codes on plastic bags and code readers on production lines — a move it claims could increase the size of the formal economy by 20%. The association has sought the intervention

February 23, 2024

News Desk

Digital media startup Vice lays off “several hundred” employees

Millennial-focused and known for edgy news and lifestyle content, Vice was among the rising stars of a new generation of digital media companies, but struggled as advertising revenue shrank. The move is the latest bit of depressing news for America’s struggling media industry, which saw BuzzFeed News close last year after 12 years in business. “With this strategic shift comes the need to realign our resources and streamline our overall operations at Vice,” Bruce Dixon, chief executive officer of Vice Media Group, told employees in a memo, copies of which were posted on internet by several Vice reporters. “Unfortunately, this

January 30, 2024

News Desk

Green Cabinet Repair, FBR Digital Transformation

Islamabad: In a meeting held on Tuesday, the Federal Cabinet approved the restructuring and digitization of the Federal Board of Revenue (FBR), based on the recommendations of the Department of Revenue. Chaired by caretaker prime minister Anwaarul Haq Kakar, the meeting considered the proposals of an inter-ministerial committee that met on January 23, headed by the caretaker finance minister. Important amendments were made during the previous meeting, after a comprehensive discussion. The updated summary was presented at the current Cabinet meeting, according to a statement from the Prime Minister’s Office. As part of the approved reforms, a Federal Tax Policy

January 21, 2024

News Desk

Government plans to launch digital rewards

Islamabad: The government has decided to launch a digital rewards platform of National Database and Registration Authority (NADRA), called National Digital Wallet, to promote cashless economy in Pakistan. Under the proposed plan, 1% of electricity, gas and fuel bills can be linked to digital rewards. According to sources, the IT ministry has made these recommendations to the government. The plan will be implemented according to guidelines developed in consultation with all stakeholders. After getting a nod from stakeholders, the IT ministry will submit an outline to the Economic Coordination Committee (ECC) and the cabinet for formal approval. As per the

December 31, 2023

News Desk

Digital transactions increase to 80%

KARACHI: Pakistan is witnessing a remarkable increase in the number of digital payment transactions that increased by six percentage points to 80% in retail banking in the quarter ending September 30, 2023, helping to document the economy and reduce reliance on cash. In its latest “Payment System Review for the Quarter Ended 30 September 2023”, the State Bank of Pakistan (SBP) reported that the share of digital payment transactions was 74% in retail banking in the same quarter last year (Q1FY23 ). . The share of over-the-counter (OTC/physical) trading fell to 20% in the July-September quarter of FY24. The value

December 25, 2023

News Desk

Digital youth empowerment

KARACHI: Digital literacy is the ability to understand and use digital tools and technologies. This may be as basic as writing a report or article in Microsoft Word, but today we often think of it as the ability to use and manipulate software and hardware to meet our needs. Essentially, this could be application development, data mining, building machine learning models or advancing artificial intelligence (AI) models. Anything that interacts with the “digital world” requires digital literacy, but the rapid pace of technological development means that there is an ever-increasing demand for additional digital literacy. For too many people, the

December 5, 2023

News Desk

Pakistan is called an emerging digital hub in the region

Islamabad: Acting Federal Minister for Information Technology and Telecommunication Dr Umar Saif called Pakistan an emerging digital hub of the region where 30,000 IT companies work and more than 75,000 IT students graduate every year. Speaking at the Pak-Qatar IT conference in Doha, the minister pointed out that Qatar hosts plenty of Pakistani knowledge workers and urged Pakistani IT companies to tap into the resourceful diaspora to tap into the Qatari market. The IT conference, a collaborative effort involving the Ministry of Information and Telecommunications of Pakistan, the Embassy of Pakistan in Qatar and the Pakistan-Qatar Business Council with the

November 7, 2023

News Desk

Singapore Changi Airport’s breathtaking digital waterfall looks fantastic

Singapore’s Changi Airport, known as the best airport in the world, has ‘refreshed and expanded’ its Terminal 2. Among the terminal’s new standout features is a 46-foot (14-meter) digital waterfall.—Changi Airport Singapore’s Changi Airport, known as the best airport in the world, has recently completed a major refurbishment, enhancing its already impressive facilities. Changi Airport secured several accolades at the Skytrax World Airport Awards 2023, including Best Airport in the World Overall, Best Airport Food and Best Airport Leisure Amenities. The all-new Dreamscape Garden, pictured, is said to ‘fascinate with its enchanting array of plants’—Changi Airport The terminal at the

November 6, 2023

News Desk

How does digital transformation affect business?

KARACHI: E-commerce is already growing rapidly in Pakistan and is expected to continue to grow in the coming years. This will create new opportunities for businesses to sell their products and services online. Artificial intelligence (AI) is a rapidly developing technology that has the potential to revolutionize many industries. In Pakistan, AI is expected to be used to improve customer service, automate tasks and streamline business processes. Cloud computing is a growing trend in the country as it offers businesses a number of advantages such as scalability, flexibility and cost savings. The digital economy is developing rapidly and is expected

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