Pakistan earns $1.7b from IT services’ export in seven months

Pakistan, IT exports. IT services exports

ISLAMABAD: Pakistan earned US $1.719 billion by providing different Information Technology (IT) services to various countries during the first seven months of the current fiscal year 2023-24, ARY News reported.

This shows a growth of 12.78 per cent as compared with the US $1,524.969 million earned through the provision of services during the corresponding months of the last fiscal year 2022-23, the Pakistan Bureau of Statistics (PBS) reported.

During the months under review, the export of computer services grew by 14.09 per cent as it surged from US $1,224.499 million last year to US $1,397.051 million during July-January 2023-24.

Among the computer services, the exports of software consultancy services witnessed an increase of 1.14 per cent, from US $3.502 million to US $3.542 million this year while the export of hardware consultancy services also surged by 4.73 per cent, from US $454.283 million to US $475.783 million.

The export of repair and maintenance services however decreased by 12.17 per cent from US $1.594 million to US $1.400 million whereas the export and imports of computer software services surged by 2.71 per cent, from $349.635 million to $359.094 million.

Meanwhile, the export of information services during the months under review dipped by 19.62 per cent from US $2.600 million to US $2.090 million.

Among the information services, the exports of information-related services increased by 1.99 per cent, from US $0.804 million to US $0.820 million whereas the exports of news agency services however decreased by 29.29 per cent, from US $1.796 million to US $1.270 million.

The export of telecommunication services increased by 7.69 per cent as these went up from US $297.870 million to US $320.780 million, the data revealed.

Among the telecommunication services, the export of call centres services increased by 18.95 per cent during the months as its exports increased from US $121.349 million to US $144.350 million whereas the export of other telecommunication services witnessed a decrease of 0.05 per cent, from US $176.521 million to US $176.430 million during this year, the PBS data revealed.



from Science and Technology News - Latest science and technology news https://ift.tt/atV9gku

Comments

Post a Comment

Popular posts from this blog

Samsung trolls Apple for ‘Crush!’ in Galaxy Tab S9 Ad

Image
After Apple received flak for the new iPad Pro 2024 commercial, Samsung mocked the technology giant in an Ad for its Galaxy Tab S9. The Ad, shared by Samsung Mobile USA on its Instagram page, shows a woman walking over debris and paint reminiscent of Apple’s “Crush” Ad that saw an industrial press crushing things including books, musical items and paint. The woman is then seen picking up a damaged guitar and begins playing tunes assisted by notes displayed on her Galaxy Tab S9. The Ad ends with, ” Creativity cannot be crushed,” as Galaxy Tab S9 Series with Galaxy AI is mentioned on the screen.   View this post on Instagram   A post shared by Samsung Mobile USA (@samsungmobileusa) It is pertinent to mention that Apple’s Ad, titled “Crush!” for iPad Pro 2024 angered many including Hollywood stars who said that the tech company conveyed a wrong message by crushing a record player, a piano, a guitar, an old TV set, cameras, a typewriter, books
Read more

South Korea, Britain host AI summit with safety top of agenda

Image
SEOUL: South Korea and Britain kick off a major international summit on artificial intelligence in Seoul this week, where governments plan to press tech firms on AI safety. The meeting is a follow-up to the inaugural global AI safety summit at Bletchley Park in Britain last year, where dozens of countries voiced their fears to leading AI firms about the risks posed by their tech. Safety is again on the agenda at the AI Seoul Summit starting Tuesday and representatives are expected from leading AI firms, including ChatGPT maker OpenAI, Google DeepMind, French AI firm Mistral, Microsoft and Anthropic. “As with any new technology, AI brings new risks, including deliberate misuse from those who mean to do us harm,” South Korean President Yoon Suk Yeol and UK Prime Minister Rishi Sunak said Monday in a joint article. “However, with new models being released almost every week, we are still learning where these risks may emerge,” they said in the piece, published by the South Korean dail
Read more

Google News down for millions of users globally

Image
Google News stopped functioning on Friday preventing millions of its users globally from searching latest updates and queries. While Google Search engine continues to operate normally, the “News” tab is not showing results. The ‘News’ tab is experiencing an outage on its desktop page, iOS and Android apps while some complained that Google Search is also affected. Users began complaining about the issue earlier today which has now affected users globally. In the news dedicated section, users are not able to see the results of their search while the “filter” option has also stopped functioning around the world. Read more: Google to invest $2 bn in Malaysia: government Meanwhile, the company has not issued any statement regarding the issue and its cause or provide an estimated time for a fix. Users in United States, United Kingdom, India, Canada and European countries also reported facing issues in searching news. Along with Google News, Google Discover has also been affected by
Read more