Visa targets ten-fold increase in digital payment acceptance across Pakistan | The Express Tribune
KARACHI: Visa plans to increase the number of businesses accepting digital payments in Pakistan tenfold over the next three years, the payments giant’s general manager for Pakistan, North Africa and Levant told Reuters. The comments from Leila Serhan came as Visa announced a strategic partnership with 1Link, Pakistan’s largest payment service provider, aimed at streamlining remittances […]
Alibaba Cloud disrupted after fire at Digital Realty datacenter in Singapore | The Express Tribune
Listen to article A significant portion of Alibaba Cloud services experienced disruptions following a fire at a Digital Realty datacenter in Singapore. The blaze, which occurred early Tuesday morning on September 10, 2024, is believed to have been triggered by a lithium-ion battery explosion in the facility’s battery room. Local reports confirmed that Singapore’s Civil Defence Force […]
Firewalls: threat to digital ecosystem | The Express Tribune
KARACHI: Life is becoming increasingly difficult for ordinary Pakistanis, to the point where even typically silent segments of society are stepping into the fray. As I highlighted in my previous article about the salaried class’s growing discontent with the regressive tax regime, the wave of unrest is now reaching those who normally enjoy a quieter […]
Around 80 nations forge landmark digital commerce pact; US stands apart | The Express Tribune
GENEVA: Around 80 countries agreed on rules governing global digital commerce, including the recognition of e-signatures and protection against online fraud, but failed to secure the participation of the United States, according to reports on Friday. After five years of negotiations, coordinators Australia, Japan, and Singapore released what they termed a “stabilised text,” which was […]
G20 highlights digital tax discussions amid US tariff threat | The Express Tribune
Talks over a global tax deal are continuing well past a June 30 deadline and governments are now looking to a Group of 20 finance leaders meeting this week for progress on a stalled plan to reallocate taxing rights on large multinational companies. The so-called “Pillar 1” arrangement, part of a 2021 global two-part tax […]
UN reveals digital economy’s environmental toll on developing nations | The Express Tribune
The UN Conference on Trade and Development (UNCTAD) said Wednesday that developing countries bear the environmental impact of the digital economy while reaping relatively small benefits from key digitalization in mining and minerals. UNCTAD released its Digital Economy Report 2024, which revealed the global digital sector’s significant environmental impact as well as the disproportionate burden […]
China, Pakistan form digital education alliance | The Express Tribune
BEIJING: A milestone in educational cooperation between China and Pakistan was achieved last week with the formation of the China-Pakistan Digital Education Alliance. The alliance, jointly initiated by ITMC Technology Co Ltd and UNI International, along with over 160 Chinese and Pakistani technical and vocational education and training (TVET) partners, aims to strengthen Pakistan’s TVET […]
Govt asked to swiftly develop digital infrastructure | The Express Tribune
LAHORE: Pakistan should take solid steps to bolster reforms related to the market-oriented allocation of data elements and speed up the construction of digital infrastructure, including industrial internet and computing power networks, stated Moazzam Ghurki, President of the Pakistan-China Joint Chamber of Commerce and Industry (PCJCCI). These steps should be part of the broader push […]
Diplomat Club urges tech firms to join digital revolution | The Express Tribune
ISLAMABAD: President of the Diplomat Business Club and former ambassador, Javed Malik, urged Pakistani tech businesses on Saturday to become a part of the digital revolution that is transforming the global business landscape. He made these remarks while addressing the Global Business Forum 2024 in Dubai, UAE, which brought together delegates from over 30 countries […]
Sindh launches digital payment system for Peoples Bus Service
This undated photo shows a fleet of the Peoples Bus Service. — APP. In a bid to facilitate the masses, the Pakistan Peoples Party (PPP)-led Sindh government on Saturday introduced the Automated Fare Collection (AFC). People would be able to pay their bus fare using smart card on the Peoples Bus Service through the AFC. […]