Pakistani fashion e-commerce startup attracts $700,000 funds

Lahore-based fashion e-commerce startup,, closed USD 700,000 in a Pre-Series A round of funding. Former executives from Amazon MENA region as well as Xiaomi along with few other angel investors participated in the round. Founded in 2016 by Muhammad Khalid & Syed Shahzad, is Pakistan’s top fashion-focused marketplace… Continue reading

Customs e-commerce clearance facility to support exports in post-corona era

PRGMEA chief asks govt to also launch Digital Market Policy in consultation with stakeholders. The Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) on Monday appreciated the efforts of Pakistan Customs to develop an e-commerce automated clearance facility in collaboration with the State Bank, saying the move will prove to… Continue reading

Paul Koyi urges Pakistani businessmen to improve ties with Tanzanian counterparts

KARACHI: President Tanzania Chamber of Commerce, Industry & Agriculture (TCCIA) Paul F. Koyi has urged the Pakistani businessmen & industrialists to improve ties with Tanzanian counterparts by exploring more avenues of trade and investment cooperation between the two countries in different sectors of the economy. Paul Koyi, who led a… Continue reading

KCCI Chief urges shopkeepers to change habits, start businesses upon sunrise

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) M. Shariq Vohra has urged shopkeepers and small traders that instead of demanding to enhance business hours from 6:00PM to 8:00PM, it was high time to change the habits of opening businesses belatedly and start all types of business activities early… Continue reading

TPL Insurance Becomes Pakistan’s First Insurance Member of UNEP FI

KARACHI: TPL Insurance has joined the United Nations Environment Program Finance Initiative (UNEP FI) by signing its Principles of Sustainable Insurance (PSI). This is the first time an Insurance Company in Pakistan has become a signatory to UNEP FI’s PSI. The UNEP FI is a strategic partnership between the UN… Continue reading

Pakistan Consumer Confidence Index (CCI) Q3 2020 report issued by Dun & Bradstreet and Gallup Pakistan

Dun & Bradstreet Pakistan and Gallup Pakistan have issued their third report on ‘Pakistan Consumer Confidence Index (CCI)’ for Q3 2020. The CCI report has been developed by assessing Consumers’ Confidence about the economy as well as their personal financial situation. The Index covers four key parameters i.e., Household Financial… Continue reading

Pharmaceutical sector posts 20 percent sales growth

KARACHI: The pharmaceutical sector continued on a growth trajectory during the first quarter of the fiscal year posting a 20 percent growth in sales, JS Global Capital noted in a report. “Sales during the quarter depicted robust growth of 20 percent amid high demand for pharmaceutical products coupled with the… Continue reading