KCCI proposes sales tax exemption to e-commerce

May 24

Budget 2022-2023

KCCI proposes sales tax exemption to e-commerce

Karachi Chamber of Commerce and Industry (KCCI) has proposed sales tax exemption to e-commerce retailers to promote online business transactions in the country. The KCCI in its proposals for budget 2022/2023 submitted to the Federal Board of Revenue (FBR) said that through Clause 3(1)(c) a new Clause (18A) under Section 2 whereby a definition of […]

by Hamza Shah

FBR asked to facilitate startups, e-commerce

Jan 18

IT & Telecom, Taxation

FBR asked to facilitate startups, e-commerce

ISLAMABAD: Federal Board of Revenue (FBR) has been asked to facilitate startups and e-commerce across border exporters in the country. Special Assistant to the Prime Minister (SAPM) on E-Commerce, Senator Aon Abbas Buppi on Tuesday issued the directives at a meeting with FBR Chairman Dr. Muhammad Ashfaq. The SAPM also stated that startups is a […]

by Anjum Shah

foodpanda demonstrates Pandafly drone at Dubai Expo

Nov 26

Corporate, Trade & Industry

foodpanda demonstrates Pandafly drone at Dubai Expo

KARACHI: foodpanda has exhibited Pandafly drone at the Pakistan Pavilion in Dubai expo. foodpanda Pakistan’s leading food delivery company and is also the largest e-commerce platform. The event is a testament to foodpanda’s commitment to grow and innovate through adoption of disruptive technology, as well as showcase the tremendous support and an enabling environment offered […]

by Hamza Shah

Pakistan offers huge potential for e-commerce: PM Imran

Nov 25

IT & Telecom, Top stories, Trade & Industry

Pakistan offers huge potential for e-commerce: PM Imran

ISLAMABAD: Prime Minister Imran Khan has said that Pakistan offered huge potential for e-commerce which will generate employment opportunities and help in economic growth. The prime minister expressed these views in a meeting with Group CEO of Daraz (online E-Commerce platform) Bjarke Mikkelsen. The Prime Minister Imran said that the government is providing full support […]

by Hamza Shah

Mobilink Bank, Daraz facilitate women entrepreneurs

Nov 23

IT & Telecom, Money & Banking, Trade & Industry

Mobilink Bank, Daraz facilitate women entrepreneurs

KARACHI: Mobilink Microfinance Bank Limited (MMBL) and Daraz Pakistan have joined hands to facilitate MMBL borrowers specifically women entrepreneurs, by enabling them to become sellers on Daraz. Through this collaboration, MMBL and Daraz will provide adequate opportunities to promote Small and Medium Size Enterprises (SMEs), more so now as the e-commerce platform is going through […]

by Faisal Shah

MCB Bank, UnionPay ink pact for e-Commerce

Nov 18

Money & Banking

MCB Bank, UnionPay ink pact for e-Commerce

LAHORE: MCB Bank Limited has entered into an agreement with UnionPay International (UPI) to further facilitate e-Commerce businesses partnered with MCB e-Gate with access to UnionPay International’s globally recognized payment services. Under this agreement, MCB Bank will be enabling partner eCommerce businesses to access UnionPay International as a payment scheme in the MCB eGate internet […]

by Faisal Shah

International payment gateway setup discussed

Sep 22

IT & Telecom, Money & Banking

International payment gateway setup discussed

ISLAMABAD: Finance Minister Shaukat Tarin on Tuesday presided over a meeting on the establishment of Pakistan International e-payment gateway (IPG). The IPG will pave the way for financial inclusion and payment digitization which is a sub-component of the 09-pillars of the E-Commerce policy. Federal Minister for IT & Telecommunication Syed Amin-ul-Haque, Adviser on Commerce Abdul […]

by Hamza Shah

Foodpanda to deliver medicines through pandago

Sep 7

Corporate

Foodpanda to deliver medicines through pandago

LAHORE: Enhancing the e-commerce avenues, Foodpanda has partnered with Servaid Pharmacy to deliver medicines and other pharmaceutical products via pandago, a rider on demand service. A signing ceremony took place in Lahore, attended by Raafay Munir, Head of New Verticals foodpanda, and Tahir Abbas, Chief Commercial Officer Servaid. Under the strategic partnership, foodpanda’s wide network […]

by Hamza Shah

Pakistan signs pact to build SCO e-commerce platform

Aug 25

Finance

Pakistan signs pact to build SCO e-commerce platform

Pakistan has signed a Memorandum of Understanding (MoU) on Building a Cross-border E-commerce Platform with nine trade organizations of Shanghai Cooperation Organization (SCO). The MoU has been signed to promote collaboration among SCO member states in the digital economy. The signing ceremony held at the Digital Commerce Conference of the 2021 China-SCO Forum on the […]

by Hamza Shah

Tarin assures support for e-commerce industry growth

Aug 13

Finance, IT & Telecom

Tarin assures support for e-commerce industry growth

ISLAMABAD: Finance Minister Shaukat Tarin on Thursday assured online market-place operator for the growth of e-commerce industry in Pakistan. He made this assurance at a meeting with CEO Daraz, Bjarke Mikkelsen. Shaukat Tarin affirmed his support for the growth of e-commerce industry in Pakistan and directed Daraz to propose initiatives where the Government could work […]

by Anjum Shah