iTANZ was part of the official delegation accompanying Prime Minister Shehbaz Sharif during his visit to China
BR
May 29, 2026
Pakistan-based iTANZ Technologies Limited has signed Memorandums of Understanding (MoUs) with three Chinese technology firms for potential collaborations valued at around $45 million, i.e. approximately Rs12.5 billion, aiming to strengthen cooperation in artificial intelligence, robotics, digital platforms, and offshore software services.
iTANZ Technologies Limited, a publicly listed company on the Pakistan Stock Exchange (PSX), was part of the official delegation accompanying Prime Minister Shehbaz Sharif during his visit to China aimed at strengthening Pakistan–China economic and strategic cooperation.
Pakistani freelancers earn $959 million in 10 months, up 49% year-on-year
Freelancing exports rise by $317 million during July-April as earnings surpass previous year’s $642 million
Pakistani freelancers generated $959 million in export earnings during the first 10 months of FY2025-26, marking a 49% increase compared to the same period last year, according to data from the State Bank of Pakistan (SBP).
The earnings, recorded under the computer and information services sector, rose from $642 million during July-April of the previous fiscal year, reflecting an increase of $317 million.
The growth came despite multiple local and global challenges and saw Pakistani freelancers outperform counterparts in India, China, the United Arab Emirates and several other countries during the period.
Pakistan Freelancers Association CEO Dr Imran Batada attributed the increase to the growing participation of Pakistani freelancers on global platforms such as Upwork, Fiverr and various social media platforms.
The Pakistan Telecommunication Authority (PTA) has proposed declaring ‘Corporate SMS’ a distinct telecommunications market and signaled that all cellular mobile operators (CMOs) may be designated as operators with significant market power (SMP) in the segment.
The proposal, unveiled, comes amid mounting complaints from banks, enterprises and service providers over what they describe as excessive corporate SMS tariffs charged by mobile operators despite the use of the same underlying network infrastructure that carries ordinary text messages.
According to the PTA, corporate SMS services have evolved into a specialised business segment used extensively by banks, fintechs, government departments and commercial enterprises for one-time passwords (OTPs), transaction alerts, promotional campaigns and public service notifications.
