Taiwan denies Uber’s 950 million-dollar Foodpanda merger because to competition concerns.
(Reuters) – Taiwan’s Fair Trade Commission (FTC) has barred Uber Technologies’ $950 million acquisition of Delivery Hero’s Foodpanda operation on the island due to anti-competitive concerns, the agency said Wednesday. Uber and Foodpanda did not immediately reply to calls for comment after regular business hours. According to a statement fromRead More →
NLC and DP World launched a major shipping service from Karachi to Chittagong.
RAWALPINDI (APP) – NLC and DP World have delivered over 1,000 containers between Pakistan and Bangladesh since October, when they launched the first direct shipping route between the two nations, a strategic effort that would considerably improve South Asian commerce and connectivity. Container service between Karachi and Jable Ali willRead More →
Pakistan’s Best Free VPNs for Twitter Access
ISLAMABAD (Pasar) : Millions of people use the popular microblogging site Twitter as a hub for exchanging ideas, opinions, and updates about their everyday lives. However, because Twitter is presently unavailable, internet users in Pakistan are having difficulty accessing this important source of information and conversation. The best course ofRead More →
The government received $6.3 billion in foreign loans in the first seven months of the current fiscal year.
Pakistani authorities have secured around $6.3 billion in foreign loans in the first seven months of the current fiscal year. This sum accounts for roughly 35.75 percent of the annual budget projection, despite restricted borrowing opportunities due to low credit ratings and severe global financial market circumstances, even with theRead More →
Pakistan’s total liquid foreign reserves have reached $13.097 billion.
KARACHI ( PASAR) : As of February 16, 2024, Pakistan’s total liquid foreign reserves was at $13,097.8 million, with the State Bank holding $8,012.8 million.According to a statement published by the State Bank of Pakistan on Thursday, the central bank’s foreign exchange reserves fell by $44 million to $8,012.8 millionRead More →
Shan Masood wants to change Australian history.
Shan Masood, the recently appointed captain of Pakistan’s test cricket team, has set an ambitious goal for his squad ahead of their forthcoming trip to Australia: to make history. Pakistan has never won a Test series in 12 visits to Australia, including losses in the past 14 five-day matches. DespiteRead More →
TikTok acquiring an Indonesian e-commerce license
JAKARTA (Reuters) – The deputy trade minister was quoted by official news agency Antara in their piece about the short video app TikTok, which stated that it was applying for an e-commerce permit from the Indonesian government. A significant setback for TikTok, which had promised to invest billions of dollarsRead More →
UCP students are given scholarships by the general consul of China.
LAHORE: Zhao Shiren, the Chinese consul general in Lahore, was a distinguished guest at the scholarship-awarding ceremony held by the University of Central Punjab’s Humanities and Social Sciences Department. The Chinese consul general awarded scholarships totaling Rs 0.5 million to twelve outstanding and well-deserving students. Faculty members, students, and DeanRead More →
The ICC has implemented a stop clock for men’s ODIs and T20Is.
The International Cricket Council (ICC) has decided to deploy a stop-clock trial in men’s ODI and T20I cricket from December 2023 to April 2024 to monitor the time between overs.The ICC stated on Tuesday that the Chief Executives’ Committee (CEC) has authorized the deployment of a trial stop clock inRead More →
The FBR has set a deadline for banks to pay a 40% tax.
The Federal Board of Revenue (FBR) has set a November 30, 2023 deadline for banks to pay an extra 40% tax on windfall income, earnings, and gains accruing in calendar years 2021 and 2022. The Federal Government has designated banking firms as the sector for the purposes of section 99DRead More →