One of the key drivers of TikTok's success in social commerce is its ability to seamlessly integrate shopping features into the user experience. From product tags in videos to shoppable links in live streams, TikTok has made it easy for users to discover and purchase products without ever leaving the app. This frictionless shopping experience has contributed to the platform's impressive sales numbers during Black Friday.
‘My Driver & I’ Review: Ahd Kamel Pays Tribute to the Chauffeur Who Taught Her How to Take the Wheel of Her LifeAs the situation at Barcelona continues to unfold, all eyes will be on how the team manages to navigate through the internal discord and emerge stronger and more united than before. The coming weeks will be crucial in determining the direction and future success of the club.Universal charger rule: USB-C becomes mandatory for devices sold in EU
As the buzz around Xiaohua and Xiangzuo's live stream continues to grow, the couple remains grateful for the overwhelming support and positive feedback from their fans. The unexpected success of the event has solidified their status as influential trendsetters in the entertainment industry, with their creative endeavors capturing the hearts of millions around the world.Public consultation is a fundamental aspect of the policy-making process, as it allows for transparency, accountability, and participation from all relevant parties. By actively engaging with stakeholders and soliciting their opinions, the government can ensure that policies are well-informed, responsive to public needs, and aligned with the goals of promoting sustainable economic development and social welfare.
PM hails cut in weekly inflationRemittances to reach $35bn in current fiscal: Aurangzeb Government would give policy framework and investors will remain key to achieve export-led growth: FinMin KARACHI: As PTI founder Imran Khan plans to ask overseas Pakistanis to stop sending money back home, Finance Minister Muhammad Aurangzeb on Saturday hoped the remittances would touch an all-time high at $35 billion in the current fiscal year. Aurangzeb didn’t comment when asked about the call of PTI founder chairman about stopping workers remittances to Pakistan when he talked to the media at the Overseas Investors Chamber of Commerce and Industry (OICCI) in Karachi. The minister claimed the country was able to achieve macroeconomic stability due to strenuous efforts of the last several months and the business confidence in the country restored. “We can’t be complacent now and have to remain on the course for achieving high growth through export-led strategy,” he declared. The finance minister said the government would give the policy framework and investors will remain the key to achieve export-led growth. He, however, pointed out that Pakistan has the dilemma of facing balance of payments problems as when the economic growth reaches four percent, we have to run back. “We need export-led growth for achieving 5-6 percent growth as presently the growth is largely dependent on imports,” he said. He said the business model cannot be run by evasion of sales tax. Talking about state-owned entities (SOEs), Aurangzeb said these are causing the national exchequer a loss of Rs2.2 billion a day and the country sustained losses to the tune of Rs6 trillion in the last 10 years, which comes to around 50 percent of the revenue collection target set at Rs12.9 trillion for FY25. “Privatisation, liberalisation and deregulation are the way forward.” He said that foreign companies operating in Pakistan have repatriated profit and dividends worth $2.2 billion in May-June 2024, clearing the entire backlog of the repatriation to-date. “Now there is no restriction on sending the repatriation from the Ministry of Finance and State Bank of Pakistan and it’s now up to commercial banks to facilitate the foreign companies in continuing to send profit and dividends without any delay,” he stated. The minister said the government has nothing to do with rupee-dollar parity as it depends on the demand and supply of the greenback in the market, while market forces are determining the exchange rate instead of the government. He said the government has prioritised inviting Foreign Direct Investment (FDI) in export-led projects and increasing exports to achieve sustainable economic growth. Emphasizing the need to improve the taxation system, he said that the old system of taxation can no longer go on. “We have to widen the tax net. The business model cannot be run by tax evasion, digitalisation systems are being brought in for checking tax evasion.” The minister said efforts were being made to bring real estate, agriculture, wholesalers and retailers into the tax net. He said leakages in sales tax and income tax were being stopped through the digitalisation process. He said that continuity of policies and political stability were requisite for development. Dharnas and rallies cause a loss of Rs190 billion per day. Asked about the high prices of essential items despite the government’s claim of reduction in inflation, the minister said that inflation was decreasing, but people were not benefiting from it. The price of pulses, commodities and poultry and petroleum products was decreasing in the global market, but the price in Pakistan was increasing instead of decreasing. “We have to activate the price control committees to extend benefit to people.” He announced a crackdown on the middlemen to pass on the benefits of reduced prices of various items to end consumers. Replying to a question, Aurangzeb said talks are underway with the Sindh government regarding the agriculture tax. He said the Punjab government had already done work on it and Khyber Pakhtunkhwa and Balochistan were working on it. Responding to a question about the IMF’s demand to charge sales tax on petroleum products, the minister denied that any such demand was made by the global institution.
In conclusion, the recent Israeli airstrikes in Syria have caused significant damage to military installations and have further heightened tensions in the region. The situation remains fluid, and it is critical for all parties to exercise restraint and work towards peaceful solutions to the complex challenges facing the Middle East.Moreover, the emphasis on innovation and adaptability in countercyclical adjustments points to the Party's confidence in its ability to navigate challenging economic conditions and to drive sustainable growth. By embracing non-traditional measures and exploring new approaches, the Party demonstrates a willingness to experiment with policy tools and frameworks to achieve desired outcomes. This willingness to embrace change and innovation bodes well for the country's prospects in the face of ongoing economic transformations and external pressures.