Connect with us

Business

Pakistan offered huge potential for e-commerce: PM Imran Khan

'Government is providing full support to foreign investors'

Published

on

Pakistan offered huge potential for e-commerce: PM Imran Khan
GNN Media: Representational Photo

Islamabad: Prime Minister Imran Khan has said that the government is providing full support to foreign investors under the ‘ease-of-doing-business policy.

According to the statement issued by the PM Office, the prime minister expressed these views in a meeting with Group CEO of Daraz (online E-Commerce platform) Bjarke Mikelsen.

The prime minister stated that Pakistan offered huge potential for e-commerce that will generate employment opportunities and help in economic growth.

CEO Daraz expressed interest in further investment and expansion of e-commerce in Pakistan.

Advisor Finance Shaukat Tarin, Chairman Special Technology Zones Authority Amir Hashmi, Senator Aon Abbas Bappi, MD Daraz Ehsan Saya, and Emmad Khan from Daraz were present during the meeting.

Siddra Sumreen

Syeda Siddra has been working as a web journalist for over the past seven years. She earned her M.Phil degree in Mass Communication from the Lahore Leads University. Ms. Siddra has previously worked with other renowned channels and is now associated with GNN as Senior Content Writer.

Sports

Pakistan grab second spot in ICC Test Championship rankings

Pakistan won the first Test against Bangladesh by eight wickets

Published by Siddra Sumreen

Published

on

Pakistan grab second spot in ICC Test Championship rankings

Dubai: Pakistan grabbed 2nd position in the International Cricket Council's Test Championship ranking following a marvelous victory over Bangladesh by 8 wickets in Chittagong Test.

According to details, Pakistan National Cricket Team have surpassed India National Cricket Team to become the No.2 ranked side in the ICC World Test Championship (WTC) 2021-23 points table.

Sri Lanka is at the top of the points table in the Test Championship while Pakistan has played 3 matches, won 2 and lost 1 match.

Pakistan has won two series under the championship, India is on the third spot on the points table and West Indies is on fourth.

Similarly, the winner of the first Test Championship New Zealand bagged fifth place and England is on sixth spot.

The second Test between Pakistan and Bangladesh will start from Saturday in Dhaka.

Continue Reading

Pakistan

Govt announces no change in POL prices

The petrol price will remain unchanged at Rs145.82 per litre, and diesel price will remain Rs142.62 per litre as it was before.

Published by Faisal Ali Ghumman

Published

on

Govt announces no change in  POL prices

Islamabad: The federal government Tuesday announced to maintain the prices of petroleum products.

Following the prime minister's decision, the petrol price will remain unchanged at Rs145.82 per litre, and the price of diesel will remain Rs142.62 per litre as before.

The prices of kerosene oil and light diesel will stay at Rs116.53 and Rs114.07 per litre, respectively.

According to the notification, the new prices will be effective from December 1.

On November 5, the government had jacked up the price of petrol in Pakistan by Rs8.03 per litre despite November 1's decision of the prime minister to not increase the prices.

 

Continue Reading

Technology

Britain directs Facebook owner Meta to sell GIF maker Giphy

'Meta is reviewing the decision and considering all options'

Published by Siddra Sumreen

Published

on

Britain directs Facebook owner Meta to sell GIF maker Giphy

London: Britain’s competition regulator said on Tuesday it has directed Facebook owner Meta Platforms to sell animated images platform Giphy after finding that the deal could harm social media users and UK advertisers.

The Competition and Markers Authority (CMA) said the decision was in line with provisional findings that Facebook’s acquisition of Giphy would reduce competition between social media platforms and in the display advertising market.

“The tie-up between Facebook and Giphy has already removed a potential challenger in the display advertising market …By requiring Facebook to sell Giphy, we are protecting millions of social media users and promoting competition and innovation in digital advertising,” said Stuart McIntosh, chair of the independent investigation for the CMA.

Facebook, now rebranded Meta Platforms as the parent company of the eponymous social media network, said it disagreed with the decision.

“We are reviewing the decision and considering all options, including appeal,” a spokesperson for Meta said.

The CMA in October fined the company about $70 million for breaching an order that was imposed during its investigation into the deal, having hinted in August that it may need Facebook to sell Giphy.

SOURCE: Reuters

Continue Reading

Trending