State Bank of Pakistan (SBP) has issued a regulatory framework to facilitate Business-to-Consumer (B2C) e-Commerce exports from Pakistan. Under the new regulatory framework, the mandatory requirement of ‘Export’ (E) form has been done away with and now an exporter can export goods up to USD 5,000/- per consignment without the requirement of ‘E’ Form. This […]

The fifth Belt and Road Summit, jointly organized by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), opened today. The two-day event (30 November and 1 December) is being held online this year with a new virtual platform that includes plenary sessions, one-to-one business matching […]

Emirates has been recognized as the Best Airline for 2020 at The Sun Travel Awards, and the Best Long-Haul Airline at The Times and The Sunday Times Travel Awards. Following an unprecedented year for travel, hundreds of thousands of votes were cast by readers looking to celebrate the best in the industry. Emirates’ range of […]

A year after delisting from the London Stock Exchange, Millennium & Copthorne Hotels Limited (M&C), a global hospitality leader, disclosed major initiatives that will prepare it for recovery by as early as 2021 from the recent challenges caused by the COVID-19 pandemic. The privatization granted M&C greater agility and cushioned the impact of the pandemic. […]

In the wake of the Covid-19 pandemic, where Pakistan experienced accelerated digital adoption, there was also a significant boost in the use of digital payments. In a recent dialogue held by the Institute for Policy Reforms, Irfan Wahab Khan, CEO of Telenor Pakistan, spoke about the significance and scope of digitizing the payment ecosystem through […]

Al-Karam Textile Mills and Make-a-Wish Foundation Pakistan joined hands to fulfill the wishes of children suffering from life-threatening diseases on ‘Universal Children’s Day’. Al-Karam Textile Mills as a socially responsible corporate organization has always been at the forefront when it comes to supporting the community. The partnership with Make-a-Wish Foundation Pakistan is reflective of its […]

The Hong Kong Trade Development Council (HKTDC) was running Autumn Sourcing Week | ONLINE (ASWO) from 16 to 27 November, featuring the latest products from different industries including electronics, houseware, lighting, outdoor lighting, eco-tech, gifts and premiums, toys, baby products, stationery, optical and watches and clocks. The virtual fair serves as a one-stop online sourcing […]

Group: Revenue down 74% to AED 13.7 billion (US$ 3.7 billion), and loss of AED 14.1 billion (US$ 3.8 billion) after last year’s profit of AED 1.2 billion (US$ 320 million). Results significantly impacted by unprecedented flight and travel restrictions worldwide due to the COVID-19 pandemic. Emirates: Revenue down 75% to AED 11.7 billion (US$ 3.2 billion), […]

Punjab Skills Development Fund (PSDF) has partnered with Careem under its “Entrepreneurship on Wheels” program’, with the objective of launching dedicated training for the latter’s rickshaw and delivery captains between November 2020 and July 2021. The training will be conducted by the National Highway and Motorway Police (NHMP). Under the program, 800 rickshaw captains will […]

BPC Banking Technologies, the leading provider of digital payment solutions, has partnered with Pakistan’s Meezan Bank to deliver its digital transformation agenda starting with the upgrade of its payment infrastructure. BPC’s SmartVista platform has been selected by Meezan to deliver state-of-the-art issuing and acquiring services for the bank. With the pandemic driving rapid adoption of […]