Steel industry opposes tariff reduction proposals

Steel industry opposes tariff reduction proposals

Expressing concerns to a proposal sent to the government to reduce the tariff on imported finished or semi-finished steel products. The domestic industry has stressed that the move would destroy the industry and unleash a new wave of unemployment in the country. The National Tariff Commission recommended earlier this year...

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Pakistan has entered industrialization phase: PM

Pakistan has entered industrialization phase: PM

Prime Minister Imran Khan said the country has entered the phase of industrialization and the Chinese-Pakistan Economic Corridor (CPEC) will help boost the sector. “Our strategic location and CPEC will pave the way for industrialization,” he said while addressing a ceremony held to inaugurate Rashakai Economic Zone on Monday. Prime...

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COAS Bajwa assures full support to industrialists and businessmen in Karachi

COAS Bajwa assures full support to industrialists and businessmen in Karachi

Businessmen from Karachi city met with COAS on Wednesday at Corps Headquarters in Karachi. In the two-and-a-half-hour meeting, Gen Bajwa was told of post-rain suspension in production activities, damaged infrastructure, dilapidated road conditions, and accumulated water in many industries. The businessmen discussed numerous issues including the Gas Infrastructure Development Cess...

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Heavy rains disrupt business in Karachi

Heavy rains disrupt business in Karachi

Rains and heavy floods also caused the suspension of much of the metropolis’ business activities. Restaurants, small and big shops as well as other shops in the city remained immersed in rainwater, suffering losses worth billions of rupees. The business community has demanded that the Sindh government and other authorities...

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Taobao Introduces Maker Rating System to Champion Young Entrepreneurs, Originality

Taobao Introduces Maker Rating System to Champion Young Entrepreneurs, Originality

Taobao, China’s largest social commerce platform, today launched a new rating system that rewards outstanding young creators and small businesses with greater market exposure by spotlighting their creativity and making their products more accessible to over 840 million China retail marketplaces users. This launch coincides with the fifth anniversary of...

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Shield Corporation pledges to offer FREE ONLINE PEDIATRIC CONSULTATION in Pakistan

Shield Corporation pledges to offer FREE ONLINE PEDIATRIC CONSULTATION in Pakistan

Shield Corporation Limited, a leading consumer brand company, announced the launch of their online consultancy platform: Shield Babies Tele-Clinic. Parents can call on 0311-2(Babies) i.e. 0311-2222437 from Monday to Saturday, from 9am to 5 pm for free consultation with renowned Pediatrician from National Institute of Child Health, Karachi. In the...

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Daraz launches Humqadam program with Rs 4.5 crore subsidy to facilitate businesses transitioning online

Daraz launches Humqadam program with Rs 4.5 crore subsidy to facilitate businesses transitioning online

Daraz, the leading online marketplace in the country, has launched the Humqadam program to lessen the financial duress on small-and-medium enterprises during a period of economic instability caused by the outbreak of the COVID19 pandemic. With the Humqadam program, Daraz is offering a subsidy of PKR 4.5 crore to small-and-medium...

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How is COVID-19 Changing the Way Pakistanis Shop?

How is COVID-19 Changing the Way Pakistanis Shop?

As the COVID-19 pandemic broke out, it became increasingly clear that it would leave a lasting impact on the global economy, hitting some countries more severely than others and creating greater disturbances in certain sectors as compared to others. One global trend became apparent almost immediately: an increasing reliance among...

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Changan Automobiles, 1st Chinese Company leads the way with L3 autonomous AI-based driving system

Changan Automobiles, 1st Chinese Company leads the way with L3 autonomous AI-based driving system

Automotive technology is developing at an exponential rate, and Chinese auto manufacturers are dominating this field. This is good news for Pakistani consumers, because China’s leading auto brand, Changan, has invested in Pakistan under a Joint Venture agreement with Master Group, which has 22 years of automotive manufacturing experience. Changan...

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Pakistan’s first e-commerce index powered by Daraz shows an increase in digital payments and growing demand for online shopping

Pakistan’s first e-commerce index powered by Daraz shows an increase in digital payments and growing demand for online shopping

Pakistan’s first E-commerce Index, which provides insights on consumer behaviour and maps out the growth of the ecommerce industry, was launched by Daraz at an online event hosted by the platform and attended by Federal IT Secretary Shoaib Siddiqui on April 16th, 2020.   Pakistan remains a cash-reliant economy and...

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