Information Minister invites Facebook to setup its office in Pakistan

MG News | February 07, 2019 at 09:35 AM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

February 7, 2019: Information Minister Chaudhry Fawad Hussain has invited Facebook to open its office in Pakistan to get advertisement business.

He was addressing a function related to the importance of digital media in Islamabad on Wednesday.

The Minister informed that Pakistan has allocated one-third of government advertisements to digital media. He said that advertisements worth about seven billion rupees are generated in Pakistan.

Pointing out that the advertisement platforms are shrinking from formal media to digital media, he said that there is a crisis in the media industry, but it is linked with technology as our media houses are lagging behind in using modern technology.

The Minister urged the media industry to initiate research to know effects of digital media on the formal media.

He said the government has decided to transform Associated Press of Pakistan into Digital Service of Pakistan.

The Minister assured that the government is bringing a framework to regulate web TV, social media, and other media.

Related News

Name	Price/Vol	%Chg/NChg
KSE100	180,301.70 586.76M	1.06% 1886.91
ALLSHR	108,938.83 1,393.56M	0.89% 959.02
KSE30	53,716.03 233.73M	1.14% 603.19
KMI30	257,327.45 226.17M	1.23% 3127.22
KMIALLSHR	70,784.19 798.63M	0.87% 607.93
BKTi	48,666.04 54.85M	0.68% 330.46
OGTi	36,898.66 26.47M	0.39% 142.97

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	58,550.00	60,735.00 58,225.00	-2005.00 -3.31%
BRENT CRUDE	73.33	74.90 73.07	-0.58 -0.78%
RICHARDS BAY COAL MONTHLY	107.00	107.00 107.00	2.25 2.15%
ROTTERDAM COAL MONTHLY	119.00	119.75 118.50	2.30 1.97%
USD RBD PALM OLEIN	1,135.00	1,135.00 1,135.00	0.00 0.00%
CRUDE OIL - WTI	69.80	71.60 69.72	-0.95 -1.34%
SUGAR #11 WORLD	14.80	14.94 14.77	0.02 0.14%