Pakistan News

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  • PCB inaugurates training academy in Karachi

    Pakistan Cricket Board (PCB) Chairman Shaharyar Khan inaugurated High-Performance Centre (HPC) in Karachi on Thursday, named after cricketer Hanif Mohammad...

    It is the first facility of its sort in Karachi that will cater to cricketers and trainers, not only from the metropolis but also the surrounding areas...

  • 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...

  • 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...

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