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Dr. Saif unveils first ever national IT Export Strategy to increase IT Exports, up to $10bn

Dr. Saif unveils first ever national IT Export Strategy to increase IT Exports, up to $10bn

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Dr. Saif unveils first ever national IT Export Strategy to increase IT Exports, up to $10bn

Caretaker Minister for Information Technology and Telecommunications Dr. Umar Saif Thursday unveiled the nation’s first ever national IT Export Strategy to increase Pakistan’s IT exports, up to $10 billion in the next three years.

Speaking as a chief guest at the launching ceremony, he said that the Pakistan Software Export Board (PSEB) under Ministry of IT and Telecommunication (MoITT) in collaboration with PricewaterhouseCoopers (PwC), and other international partners, including faculty from the University of Oxford, developed the strategy closely aligned with the government’s vision.

The minister said that Information and Communications Technology (ICT) was the only key that open the door to stabilizing and strengthen the country’s economy.

He said that Special Investment Facilitation Council (SIFC) had a significant role in enabling the sector and removing departmental bottlenecks.

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The minister hoped the forum of the SIFC would attract more Foreign Direct Investment in Pakistan.

Highlighting about the strategy to increase ICT exports, Dr. Umar Saif said that according to the official figures, IT exports were $2.6 billion, the government would add another 200,000 skilled people to the existing IT workforce, which would increase exports to $5 billion.

Similarly, allowing IT companies to keep dollars (Dollar retention facility) will increase exports by one billion dollars, while the establishment of The Pakistan Startup Fund will increase the total volume of IT exports by another $1 billion to help it meet the target of $10 billion.

Dr. Umar called for the strategy’s potential, presenting a vision that prioritizes human resource development, capacity building, the implementation of a freelancers’ facilitation program, a startup funding initiative, and the nurturing of a resilient IT ecosystem.

Talking about the key points of the report, he said that the report confirmed that there was a substantial opportunity for Pakistan to grow its IT/ITeS Export revenues to $10-$18bn by 2028 and would make Pakistan a Global IT hub, with a commensurate increase in the Domestic industry to over $6bn per annum.

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He further said this was particularly the case in five priority IT/ITeS market segments, and within those, 12 priority sub-segments for the Pakistan IT/ITeS Industry which have been identified as having a combination of a high global market growth rate, significant global market size and a large part of the global market available to exploit as there are relatively few established players.

Additionally, an increase of activity, capacity, and capability of the IT/ITeS Industry will have spin-off benefits for associated industries and the economy at large – for example e-Commerce, Financial Services, or the provision of public services (e-Government).

Growth in Pakistan’s IT/ITeS exports will result from the global growth in IT markets, and to support this, the country needed to undertake a significant training and skills initiative over the next five years.

However, the Export market growth will be sub-optimal if the macro-conditions in the country are not also made more favorable – if this is not done, it is likely the level of ambition for IT/ITeS exports will not be met.

Zohaib Khan, Chairman of P@SHA, delivered a resonant message on the critical role of the IT industry in shaping Pakistan’s economic landscape.

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He underscored the pivotal importance of industry participation, emphasizing how the report was meticulously guided by industry insights. Mr. Zohaib Khan also highlighted how industry collaboration is integral to the success of national projects and initiatives.

Gerard Newman, Study Project Director, a former senior partner of PwC UK, shed light on the significant opportunities for Pakistan’s IT/ITeS export revenues. He identified five priority IT/ITeS market segments with significant global market size and relatively limited competition, and the need for an enabling business environment to support the growth of the nation’s IT/ITeS industry.

The ceremony also featured a panel discussion with industry experts, addressing key aspects of the strategy, including challenges and the way forward.

The discussions emphasized unanimous agreement on strategies to remove current constraints and penalties inhibiting the industry’s growth.

The event was also attended by ambassadors of various countries.

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The event underscored Pakistan’s commitment to elevating its IT/ITeS export revenues, aiming for substantial growth of over $10 billion annually in the upcoming years.

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Harvey Weinstein expected in New York court after rape conviction overturned

Harvey Weinstein expected in New York court after rape conviction overturned

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Harvey Weinstein expected in New York court after rape conviction overturned

Harvey Weinstein is due to appear in state court in Manhattan on Wednesday for the first time since New York’s highest court threw out his 2020 rape conviction last week.

The hearing before Judge Curtis Farber will give prosecutors and Weinstein’s lawyers a chance to address the next steps for the former film mogul, which could include a new trial.

“Harvey is looking forward to his day in a fair court,” said Weinstein’s spokesperson, Juda Engelmayer.

Weinstein, 72, has been serving a 23-year sentence in a prison in upstate Rome, New York. He is currently at Bellevue Hospital, where he was transferred following last week’s order, according to Engelmayer.

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Jurors in Manhattan convicted Weinstein in February 2020 of sexually assaulting former production assistant Miriam Haley in 2006 and of raping aspiring actress Jessica Mann in 2013. They are among more than 80 women who have accused him of sexual misconduct.

The conviction included charges of first-degree sexual assault and third-degree rape. Weinstein, who has denied having non-consensual sexual encounters with anyone, was acquitted on other charges.

The verdict was hailed as a milestone for the #MeToo movement, in which women accused hundreds of men in entertainment, media, politics and other fields of sexual misconduct.

Last week, the New York Court of Appeals found that Judge James Burke, who presided over the trial, made a critical mistake by allowing three women to testify about alleged sexual assaults by Weinstein that were not part of the criminal charges against him. The court said this “prior bad acts” testimony violated his right to a fair trial.

The office of Manhattan District Attorney Alvin Bragg has signaled it plans to retry Weinstein.

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“We will do everything in our power to retry this case, and remain steadfast in our commitment to survivors of sexual assault,” Emily Tuttle, a spokesperson for Bragg, said in an email last week.

The case was brought by Bragg’s predecessor, Cyrus Vance.

Regardless of whether he is retried, Weinstein is not likely to be released from jail because he was also sentenced to 16 years following his separate rape trial in California. The two sentences cannot be served concurrently.

Burke is no longer on the bench, so any retrial would be before a different judge.

Weinstein co-founded the Miramax film studio, whose hit movies included “Shakespeare in Love” and “Pulp Fiction.” His own eponymous film studio filed for bankruptcy in March 2018.

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‘Operation Madonna’: Rio readies for singer’s free mega-concert

‘Operation Madonna’: Rio readies for singer’s free mega-concert

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'Operation Madonna': Rio readies for singer's free mega-concert

Madonna’s long-awaited free concert on Rio de Janeiro’s Copacabana Beach has upended the neighborhood, with over a million fans expected — but for retired resident Mario Renato Borges, it’s the least the singer deserves.

“Welcome, Queen,” read some posters near the huge stage erected on the Brazilian beach, where Madonna will on Saturday give the biggest show of her 40-year career and the last of her “Celebration Tour.”

The 65-year-old American singer arrived in the coastal city on Monday after more than 80 shows in Europe, the United States and Mexico. This will be her only stop in South America.

The “Like A Virgin” and “Material Girl” performer traveled to Brazil with three planes and 270 tons of equipment, according to her production company.

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She has set up camp at the luxurious Copacabana Palace hotel, connected to the stage by a suspended catwalk that dozens of fans crowded under this week, hoping to catch a glimpse of the pop star.

The biggest dance floor

Thanks to free admission, organizers expect Madonna’s concert to produce the “world’s biggest dance floor” of up to 1.5 million people — a figure only reached on the same beach by the Rolling Stones in 2006.

“The traffic is chaos but the concert will be great, especially because it’s Madonna, the queen of pop,” says resident Borges, who lives in Leme, a neighborhood at the end of Copacabana Beach.

Madonna’s fourth performance in Rio will contribute some 293 million reais (US$57 million) to the local economy, an income 30 times higher than what city authorities invested, according to the mayor’s office.

Around 150,000 foreigners are expected to swarm the city, with most hotels already fully booked.

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“This will undoubtedly be one of Rio’s biggest international events. It will boost our economy and attract tourists from Brazil, Latin American and all over the world,” said the city’s Tourism Secretary Daniela Maia.

Return of the conical corset

Madonna fever is clear to see in Rio — the so-called “Marvelous City” — as the hours tick down to her performance.

At the Lix printing shop in the popular downtown Saara shopping district, the songs of the “Material Girl” are playing on loop to inspire devotees who can choose from personalized fans, hats or mugs.

Manager Livia Reis, 23, tells AFP that her store went viral on social media shortly after the concert was announced thanks to an influencer who visited the Madonna-inspired shop.

“A guy came in, took a photo and a video, and sent them to a fan club with 150,000 followers in Portugal. From there, it jumped to TikTok and Instagram,” she says.

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One particularly popular item is a replica of the conical corset created by French designer Jean Paul Gaultier, which Madonna famously wore on stage in 1990.

Sold as a bra or a top, the item is “doing very well,” says Reis, who expects there will be “queues out of the door” in the days ahead of the concert.

Patrols on the corners

“All this activity is good for tourism, hotels and restaurants. But let’s hope the security is up to the task,” says 68-year-old Rio local Borges.

The mayor’s office has prepared an operation equivalent to New Year’s Eve celebrations in Copacabana, one of the most famous in the world that typically brings down some one million people.

“Operation Madonna” will see some 4,500 agents deployed, working with drones and facial recognition cameras. There will be police patrols on almost every street corner in the neighborhood.

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Nagila Alves, 54, who works for a pest control company, was on her way to a client’s home when she stopped to take a photo of the impressive stage set up for Madonna.

“I will always love her. Madonna is timeless,” she tells AFP, adding she plans to delay her arrival on Saturday to dodge the crowds swarming to the front of the stage.

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Selena Gomez on social media: ‘I find it frustrating’

Selena Gomez on social media: ‘I find it frustrating’

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Selena Gomez on social media: 'I find it frustrating'

Selena Gomez feels frustrated by social media. The 31-year-old star has a huge online following, but Gomez often takes breaks from social media platforms to escape the negativity.

The brunette beauty – who has more than 400 million followers on Instagram – said at the TIME100 Summit: “I find it frustrating. Then I get a little mouthy and I want to defend the people I love.”

Gomez believes it’s important to take breaks from social media to retain a sense of perspective.

The actress – who is currently dating record producer Benny Blanco – explained: “I took four years off of Instagram, and I let my team post for me for those years. I felt like it was the most rewarding gift I gave myself.”

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Meanwhile, Gomez previously claimed that there’s “so much strength in being vulnerable”.

The Only Murders In The Building star has spoken openly about her mental health struggles over recent years, and Gomez admitted that she’s found it to be a “very freeing” experience.

She told Wondermind: “I don’t love giving advice because I don’t have all of the answers.

“I’d say, though, find a friend or a family member you feel comfortable talking with and open up about what you are feeling. It’s very freeing to open up to someone. There is so much strength in being vulnerable.”

Despite this, Gomez doesn’t have any regrets over how she’s dealt with her own struggles.

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The actress – who first found fame as a child – explained: “I try and not look back and wish anything could have been different. What I am happy about is that more people are opening up about their mental health.”

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