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Bank of Papua New Guinea pilots central bank digital currency
- Merchants in Papua New Guinea's capital city have participated in a proof-of-concept pilot of a digital version of the country's Kina currency.
- The pilot aimed to examine the integration of a Central Bank Digital Currency (CBDC) into the existing payment systems to address key challenges in the financial sector, including enhancing efficiency, strengthening security, and promoting financial inclusion.
- The Digital Kina, the first CBDC built on the open-source Hyperledger Iroha 2 blockchain, is being tested and will potentially improve the cost and efficiency of the country's financial system and bridge the financial inclusion gap.
- Ensuring widespread user adoption and integration with existing financial infrastructure will be crucial for the long-term success of the Digital Kina and other CBDCs.
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PTCL Group Achieves 17% Revenue Growth in 2024
- PTCL Group has achieved a 17% revenue growth in 2024, with total earnings reaching Rs219.7 billion.
- The growth was attributed to strong performance across broadband services, mobile data, and business solutions.
- PTCL reported an operating profit of Rs12.2 billion, reflecting a 55% rise from 2023, and a net profit of Rs4.8 billion.
- PTCL Group remains focused on expanding its digital services and enterprise solutions to strengthen its market position in the future.
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PTA to Enhance Biometric Verification with Facial Recognition and IRIS Technology
- The Pakistan Telecommunication Authority (PTA) plans to enhance biometric verification by incorporating facial recognition and iris scanning technology.
- The initiative is part of the National Registration & Biometric Policy Framework to strengthen digital identity verification in the telecom sector.
- PTA has established Points of Contact between Cellular Mobile Operators and relevant authorities to discuss the implementation of the new verification technique.
- A consultation meeting will take place on February 13, 2025, to discuss the framework, implementation strategy, and financial requirements of the new biometric verification system.
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Bouygues Telecom offers one-year free access to AI-powered search engine Perplexity Pro
- Bouygues Telecom has partnered with Perplexity, a leader in AI solutions, to offer its customers free one-year access to Perplexity Pro.
- The partnership aims to provide advanced response engine technology and democratize access to AI for Bouygues Telecom customers.
- Perplexity Pro offers features such as unlimited research, interactive Q&A sessions, and personalized itineraries.
- Bouygues Telecom's initiative aligns with its AI strategy to enhance customer experience and simplify their lives.
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Mövenpick Hotel Istanbul Asia Airport Awarded for Quality Management Systems
- Mövenpick Hotel Istanbul Asia Airport in Turkey has achieved Green Globe certification for its commitment to sustainability and exceptional guest experiences.
- The hotel has implemented various initiatives to minimize environmental impact, such as energy management systems, energy-efficient lighting, water-saving practices, and waste management measures.
- Steps have been taken to eliminate single-use plastics, including the use of sustainable alternatives like wood and glass.
- The hotel actively engages with the community through charitable contributions and environmental initiatives.
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Telenor Pakistan Posts 12% Revenue Growth Amid Transition to PTCL Ownership
- Telenor Pakistan recorded an 8.8% revenue growth in 2024, with service revenues reaching NOK 3.81 billion.
- The company's EBITDA increased by 25.2% during the same period.
- Telenor signed a deal to sell its operations in Pakistan to PTCL, subject to regulatory approvals.
- The potential acquisition of Telenor by PTCL could reshape the competitive landscape in Pakistan's telecom sector.
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e& Group Chief Meets Pakistani Delegation to Explore Telecom Sector Opportunities
- The chief executive of UAE-based e& group met with a Pakistani delegation to discuss expanding investments in Pakistan's telecom sector.
- The e& chief acknowledged Pakistan's strategic importance in the region and appreciated the country's efforts to foster a business-friendly climate.
- The deputy prime minister invited e& to make further investments in Pakistan's telecom sector, highlighting the country's conducive investment policies.
- Currently, e& holds a 26% stake in Pakistan Telecommunication Company Limited (PTCL).
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Atlético de Madrid adds support for NFC ticketing
- Atlético de Madrid becomes the first club in LaLiga to implement NFC technology for stadium entry.
- Fans can now download their tickets on their mobile wallets, enabling contactless access to the stadium.
- This advancement aims to streamline the entry process and enhance security.
- Major clubs worldwide, such as Bayern Munich, Arsenal, and Manchester City, have also adopted NFC ticketing to enhance fan experiences.
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PTA, FIA Crack Down on Illegal Foreign SIM Card Sellers
- The Pakistan Telecommunication Authority (PTA) and the Federal Investigation Agency (FIA) Cyber Crime Wing conducted nationwide raids against sellers of illegal SIM cards.
- Raids were carried out in Abbottabad, Skardu, Peshawar, Lahore, and Sialkot, targeting individuals and entities involved in the unauthorized distribution and sale of pre-activated foreign SIM cards.
- Multiple suspects were apprehended and a significant number of illegal SIM cards were seized during the raids. The SIMs were being used for cybercrime, financial fraud, and other illegal activities.
- PTA and FIA are intensifying monitoring efforts to prevent the distribution and misuse of pre-activated foreign SIM cards, urging the public to report any suspicious sales.
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Ooredoo Maldives launches eSIM wearable service with Samsung Smartwatches
- Ooredoo Maldives has launched the first-ever eSIM wearable service in the country with Samsung smartwatches.
- Users can make calls, send messages, stream music, and access apps directly from their Samsung smartwatch.
- The eSIM functionality ensures uninterrupted connectivity, providing greater freedom and convenience.
- Ooredoo Maldives customers will soon be able to activate their smartwatch with their existing mobile number.
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BSNL, MTNL Get ₹6,000 Crore Boost for 4G Upgrade
- The Union Cabinet has approved a ₹6,000 crore financial package aimed at boosting the 4G network expansion of Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL).
- The authorized funds will be used to increase the nationwide coverage of MTNL’s and BSNL’s 4G networks, enabling them to better compete with private telecom companies.
- BSNL and MTNL have signed a 10-year deal for 4G network sharing and aim to implement 5G services in the future.
- The 4G expansion initiative is expected to enhance rural connectivity, bridging the digital divide and empowering citizens across India.
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Vodafone Idea to offer baggage protection to international roaming customers
- Vodafone Idea (Vi) has launched a new baggage protection service for international roaming customers.
- The service, in partnership with Blue Ribbon Bags, will compensate users if their baggage is delayed or lost while travelling.
- Vi postpaid users can activate Baggage Protection at an additional cost of Rs. 99 and file a report with the airline and Blue Ribbon Bags within 24 hours of landing.
- If the baggage is not returned within four days, Blue Ribbon Bags will provide a compensation of Rs. 19,800 per bag, up to a maximum of two bags per user.
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How User Reviews Influence Hotel Rankings on Metasearch Platforms (And Why You Should Care!)
- Online hotel reviews are a significant aspect of how hotels rank on metasearch platforms like Google Hotels, Kayak, Skyscanner, and TripAdvisor.
- A hotel with a high average rating above 4.5 stars is going to be favored.
- The volume of reviews is important, even if the average rating is the same.
- Recent reviews are more valuable because the guest experience can change over time.
- Review content provides context and is more important than just the star rating.
- Hotelier can encourage reviews, respond to feedback, act on feedback and monitor their online reputation.
- For travellers, understanding the importance of reviews can help them make informed decisions on limitations and opportunities.
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JW Marriott Opens Stunning New Island Resort in the Maldives
- JW Marriott has unveiled JW Marriott Kaafu Atoll Island Resort, a luxurious new retreat in the Maldives.
- Nestled in Kaafu Atoll’s largest lagoon, guests can reach the resort in a seamless transition from the nearby airport: Velana International Airport.
- The resort features 80 private pool villas, including 47 overwater pool villas.
- With seven diverse dining venues, the resort promises an unparalleled culinary journey on Parrots Island.
- At the overwater Spa by JW, guests can indulge in BABOR’s precision skincare treatments, a first for the Maldives.
- For wellness enthusiasts, the resort features sunrise yoga sessions, a state-of-the-art fitness center, and a lap pool.
- The resort offers adventurous experiences, including snorkeling, diving, dolphin safaris, parasailing, sunset cruises, and ocean excursions.
- JW Marriott Kaafu Atoll offers the Family by JW program, which includes a dedicated Kids’ and Teens’ Club, a colorful playground, and interactive cooking classes.
- The resort was carefully crafted to reflect the timeless beauty of the Maldives, blending luxury with holistic well-being.
- JW Marriott’s newest Maldives resort promises an unforgettable experience, where guests can restore, reconnect, and indulge in unparalleled luxury.
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How eSIMs Are Making Smartphones Smarter: It’s Not Just About Smaller SIM Cards
- The rise of eSIM has eliminated the need for a physical SIM card. With eSIM, a digital SIM card is built into the phone, and the information that identifies you on a mobile network is downloaded directly to your device.
- eSIM technology ensures seamless switching between networks which makes it easier to take advantage of competitive data plans or special offers from different carriers. This flexibility empowers the consumer and pushes carriers to offer better deals.
- An eSIM allows multiple numbers on one device eliminating the need for carrying two phones. It is particularly useful for people working across multiple regions or traveling frequently who need different local numbers.
- Eliminating physical SIM card slot creates space inside smartphones which can be used for bigger batteries or improved cameras or even new features. This enhances smartphone functionality.
- eSIMs are more secured as they are tied to users' devices and cannot be easily removed. They often come with advanced security features which can remotely disable a stolen phone's cellular connection.
- eSIMs are paving the way for a more connected future with devices sharing the same cellular plan, managed through a single device. It's not just about phones; it's about creating a connected ecosystem where devices can communicate and share data effortlessly.
- The activation process with eSIMs is much simpler as you can often activate a new plan directly from your smartphone, without having to deal with any physical cards or complicated activation procedures. This reduces activation time and provides a better experience.
- Eliminating the need for physical SIM cards contributes to a more sustainable future, due to the reduction of plastic waste generated by physical SIM cards.
- eSIM technology is not a fad, but a fundamental shift in how we connect our devices. Smartphone is no longer just a convenient device; it's smarter, more secure, and more versatile.
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