Pakistan's Business Council Warns of MNCs Relocation Due to Internet Issues
Saturday, 17 August 2024, 07:08
The PBC's Warning on MNCs Relocation
In a significant announcement made by the Pakistan Business Council (PBC) on August 16, it was revealed that numerous multinational companies (MNCs) are taking serious action to relocate their back offices. This decision is primarily driven by ongoing internet disruptions, which have hindered operations significantly.
Impact of Internet Disruptions
- Operational Challenges: The frequent and lengthy internet outages are making it difficult for companies to maintain service standards.
- Business Environment: This migration raises critical concerns regarding the investment climate in Pakistan.
- Future Outlook: If these issues are not resolved promptly, even more MNCs may consider similar actions.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.