SECP registers Google as company in Pakistan
Technology
SECP registers Google as company in Pakistan
ISLAMABAD (Dunya News) – The Securities and Exchange Commission of Pakistan (SECP) on Friday registered Google as company in Pakistan.
A document issued by the SECP to Google over successful registration stated that Google Asia Pacific Pvt. Ltd incorporated in Singapore had established a liaison office in the country under Section 435 of the Companies Act 2017.
Google is the first tech conglomerate to take the step as Pakistan government, under social media rules, made it mandatory for all social media companies including Facebook, TikTok, Twitter to register themselves in the country as it would enable the government to exercise limits enacted under "Removal and Blocking of Unlawful Online Content (Procedure, Oversight and Safeguards) Rules, 2021".
Sources privy to development said that another social media giant TikTok was also planning to register itself in the country adding that Meta – Facebook’s parent company – might follow suit.
Earlier, Foreign Minister Bilawal Bhutto Zardari called on his Singaporean counterpart Dr Vivan Balakrishnan in Singapore on the sidelines of the 29th Association of the Southeast Asian Nations (ASEAN) Regional Forum Ministerial Meeting in Phnom Penh.
During the meeting, the two leaders shed light on the bilateral relations and agreed to enhance dialogue and cooperation. They also discussed the potential for bilateral trade and economic cooperation. They exchanged views on the global and regional issues.
The foreign minister expressed admiration for Singapore’s development model and the lessons it offered to the developing countries. The two foreign ministers also expressed support for the ASEAN-led process in the Asia Pacific.
