Pakistan News

    2 Year Commerce Result Karachi

  • No water on Karachi's streets a result of Sindh govt's hard work, says minister

    Sindh Local Government Minister Jam Khan Shoro on Friday said there is no rain water on Karachi's road "as a result of the provincial government's proper planning and hard work"...

    They said that although the city had received heavy rain continuously, the sea was at high tide, and that Karachi lies below sea level, the streets had been cleared of accumulated rain water because main drains were cleansed...

  • By-election result to determine Karachi’s future, says Imran

    KARACHI: Pakistan Tehreek-i-Insaf chief Imran Khan said on Saturday the result of by-election for NA-246 constituency would determine the future of Karachi...

    Addressing a press conference at the residence of PTI leader Arif Alvi, he said his party had provided an opportunity to the people of Karachi to end the atmosphere of fear in their city and “to bring it back into mainstream politics”...

  • US commerce secretary in Beijing ahead of Trump trip

    The visiting US commerce secretary told China's premier on Monday that the warm reception he received in Beijing “augurs very well” for Donald Trump's upcoming visit, amid tensions over trade and North Korea...

    Commerce Secretary Wilbur Ross met with Premier Li Keqiang at the headquarters of Communist Party leaders ahead of the US president's trip to China, which is expected to take place in November...

  • Commerce minister rules out major changes before polls

    As Pakistan’s exports continue to fall for the fourth consecutive year, posting a decline of 12 per cent, the need for a fresh policy is now badly felt...

    The newly-appointed Commerce Minister, Pervaiz Malik, finds himself hamstrung by the daunting task of re-framing the policy...

  • Alibaba's Jack Ma champions UN e-commerce drive for development

    Alibaba Executive Chairman Jack Ma said on Tuesday the internet should be a utility available to the whole world, putting his weight behind a call for e-commerce by United Nations to boost developing economies and help fight poverty...

    Ma, who advises the United Nations trade and development agency UNCTAD on small business and young entrepreneurs, was the star attraction at a conference on e-commerce for development...

  • Amazon, Flipkart battle in India for e-commerce's 'last frontier'

    With 100 million new internet users every year, Amazon is betting big on India, but a major new investment in homegrown rival Flipkart means the battle to dominate the fast-growing e-commerce market is set to heat up...

    The 10-year-old e-commerce company needs all the help it can get to compete with Amazon after the Seattle-based giant made India's 1...

  • PM favours e-commerce to help small businesses go global

    HANGZHOU: Prime Minister Nawaz Sharif said on Tuesday that as a firm believer in political empowerment of people through economic development, he would encourage e-commerce in Pakistan as a tool to help small businesses go global...

    Addressing the signing ceremony of a memorandum of understanding (MoU) on the setting up of an e-platform in Pakistan by China’s largest e-commerce portal Alibaba, he said the initiative would help create...

  • No policy for domestic commerce

    Domestic commerce, according to current official data, contributes 32pc towards the GDP and employs 20pc of the labour force...

    However, the domestic commerce sector is continuously ignored by the government and multilateral development agencies...

  • PM Sharif, Alibaba president discuss e-commerce giant's prospects in Pakistan

    Prime Minister Nawaz Sharif on Wednesday met Michael Evans, president of China’s Alibaba Group, to discuss opportunities for the introduction of the global e-commerce giant to Pakistan, Chinese media reported...

    Evans said he was confident Alibaba would fuel a "significant stimulus for growth of small and medium enterprises in Pakistan", adding that advancements in the field of information technology and telecommunication in the...

  • China to allow foreign ownership of some e-commerce businesses

    BEIJING: China will allow full foreign ownership of some e-commerce businesses, aiming to encourage foreign investment and the development and competitiveness of the industry, the Ministry of Industry and Information Technology said on Friday...

    It was not immediately clear how this would affect e-commerce companies already operating in China...

  • Pakistan to invite PayPal, Alibaba to start e-commerce services

    ISLAMABAD: Pakistan is set to invite global online payment giants PayPal and Alibaba to offer their services in the country, the IT ministry has said, after easing its e-commerce rules...

    Read: Govt to introduce new telecom policy with focus on latest trends, servicesNeither US-based PayPal nor Chinese e-commerce giant Alibaba (which operates a service called Alipay) currently work inside Pakistan, which had strict regulation until...

  • Why a consensus on e-commerce market size remains elusive

    KARACHI: Estimates about the size of Pakistan’s e-commerce industry have been many and varied, and there seems to be no ballpark number...

    Part of the reason why some people underestimate the size could be their lack of understanding of the concept of e-commerce, believes Adam Dawood, the managing director of online marketplace Kaymu...

  • E-commerce brings buyers, businesses closer

    Despite the fact that the Internet is accessed by only a segment of society, the part e-commerce plays in satisfying the demand in the market is a growing one and it plays an important role in providing a portal to small and medium businesses...

    One of the well-known clothing stores in Karachi has a small outlet but it also focuses a lot on its online delivery orders and residents of Lahore can easily shop online...

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