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China issues new anti-monopoly rules targeting tech giants

China’s market regulator released new anti-monopoly guidelines that target internet platforms
Reuters
February 08, 2021
PM Task Force on IT member Parvez Iftikhar pointed out that Covid-19 had shown that internet of high speed and large ca-pacity was a must to keep wheels of economy, healthcare, education and other sectors moving. PHOTO: FILE
China’s market regulator released new anti-monopoly guidelines on Sunday that target internet platforms, tightening existing restrictions faced by the country’s tech giants.
The new rules formalise an earlier anti-monopoly draft law released in November and clarify a series of monopolistic practices that regulators plan to crack down on. ....

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Mobile manufacturing terms released

In a bid to promote local production of mobile phones, the Pakistan Telecommunication Authority (PTA) has notified the Mobile Device Manufacturing Regulations 2021. ....

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Experts share their take on 2021 | The Express Tribune

The Express Tribune speaks to experts in different sectors to assess outlook of economy
Pakistan has expectedly missed its GDP growth rate target in the outgoing fiscal year. PHOTO: INP
The economy had been under pressure for the past 12 months. While for some sectors 2020 had been a nightmare, for others it was a blessing in disguise.
It had been a year unlike any; while the services sector was battered by the pandemic, new businesses also emerged. Though the agriculture sector suffered due to lockdowns, locust attack and climate change, the construction sector and capital markets managed to finish the year on a positive note. ....

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Exports recover to pre-Covid levels | The Express Tribune

Exports recover to pre-Covid levels
SBP governor says Pakistan needs to focus on competitiveness, import reduction
PM Task Force on IT member Parvez Iftikhar pointed out that Covid-19 had shown that internet of high speed and large ca-pacity was a must to keep wheels of economy, healthcare, education and other sectors moving. PHOTO: FILE
ISLAMABAD:
Exports have recovered to pre-Covid monthly levels of around $2 billion with the strongest recovery in textile, rice, cement, chemical and pharmaceutical sectors, said State Bank of Pakistan (SBP) Governor Reza Baqir.
Speaking at a session titled “Pakistan’s Economic Response to Covid-19 and Way Forward for an Inclusive Economic Recovery” on Tuesday, Baqir said Pakistan needed to focus on competitiveness and reduce imports even further to support local businesses. ....

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