Business - 4

Broadband Satellite Hub would provide low-cost and high reliability high speed satellite connectivity throughout the country, with a capacity of 18Mbps and several unique features the Hub will provide enterprise users in the country with true Broadband over satellite for the first time. Comstar ISA Ltd, the leading satellite service provider in Pakistan and the [...]

Hundreds of Pakistani Britons are booking cheap plastic surgery in their ancestral homeland, three times the number just four years ago. Nose jobs, tummy tucks, liposuction and breast enlargements are the favoured treatments for many who feel “pressure to have Western features” but who want to pay only a fraction of what they would be [...]

Noreen is one of countless women in northern Pakistan whose lives were turned upside down by the Oct. 8 earthquake that killed more than 73,000 people and left 3 million homeless. Noor Ulain said she had always wanted to find a job when she finished studying, but her father had never agreed. But after the [...]

Karachi’s fast growing stock market has helped lift prospects for Pakistan’s largest mutual fund – National Investment Trust, which is slated for privatisation in March this year. The fortunes of the three banks are in contrast to 10 years ago, when NIT’s total assets were worth Rps9bn and the banks bought their stakes on the [...]

The new ultra-fast cable will multiply the existing data transfer rate and was expected to ultimately reach 1.25 terabytes per second, equivalent to conducting more than 15 million calls simultaneously. When running at full capacity, the data transfer rate would be equivalent to more than a million internet users simultaneously having real-time access to a [...]

Standard & Poor’s revised its foreign currency credit rating on Pakistan to positive from stable on December 28, citing improvements in external debt indicators. The ratings agency affirmed its current ‘B+’ foreign currency and ‘BB’ local currency long-term and its ‘B’ short-term sovereign ratings assigned to Pakistan. “Sharp declines in the government’s external debt indicators [...]

These machines are basically made in Germany but are being imported from Dubai and this would be a gift to Karachiites with an effort to make this metropolis clean and providing a healthy atmosphere to the citizens. Mechanical sweeping is being introduced all over the city from January next year and for this purpose mechanical [...]

Born in Karachi, Pakistan, the 62-year-old studied business at the University of London with the intention of heading back home, but as he puts it: “The world was not so small back then, and Pakistan wasn’t as developed. I felt that if I wanted to grow personally I needed to stay in the Western world.” [...]

The skyline of Mirpur, in Pakistani-controlled Kashmir, once boasted nothing more than two-storey brick houses and mud huts. All that has changed since British Pakistanis returned to invest money earned in the UK in their ancestral town. Now soaring doric columns jostle with gilded porticos at the entrances of huge houses. A construction boom fuelled [...]

There remains a huge potential for Broadband expansion for Pakistan’s 160 million population. Recent growth in the mobile market has created an optimistic outlook for Pakistan’s communications industry. Mobile subscriber numbers have surged from less than 2 million at end-2002, to over 11 million by mid-2005. Trimax Corporation, through its wholly owned subsidiary, announced today [...]