Country presents huge opportunities in areas of organized retail format Since the modernization of global retail industry in 1990s, the international chains are exploring opportunities in turning this most impressive economic component of modern business cycle, a key participant of retail sector. The retail industry is a sector of the economy that is comprised of individuals and companies engaged in the selling of finished products to end user consumers. …
Read More »Women entrepreneurs in Pakistan — Opportunities & barriers
Profile Umber Tanya Ansari has been gaining experience in the asset management industry since 2008, and holds a Degree in Psychology from the University of Cincinnati, Ohio, USA. She began her career in advertising at Interflow Communications Limited, handling categories of notable brands such as Pepsi, UBL, PSO, and BMA. Thereafter, she was recruited to work with Crosby Asset Management, where she headed a number of functions, including Marketing, …
Read More »E-Commerce industry in Pakistan: growth prospects and barriers
The trend to use Internet has been growing fast in Pakistan for the last one decade. As the trend grows faster, traditional business is being converted into Internet business where all transactions are done online, from selection of product to payment of bills. The business on the Internet is less costly and more beneficial. It is becoming very popular mode of trading around the world particularly in the West. …
Read More »Influx of Iranian cement likely to challenge the survival of local industry
APCMA seeks abolition of Gas Infrastructure Development Cess Interview with Mr. Muhammad Ali Tabba – Chairman, APCMA All Pakistan Cement Manufacturers Association (APCMA) is the apex body of the cement manufacturers of Pakistan. It is registered body under section 3 of the Trade Organization Ordinance 2007 wide license No. 14, dated April 26, 2008 issued by Ministry of Commence. It was incorporated on 14th of September 1992 under section …
Read More »Steel, cement sectors set to reap profits under CPEC projects
Cement and steel remained the dominant industries in developing the sustainable society and a country. Although the related companies to these industries are highly competitive to generate employment, export earnings, tax revenues and innovations but are much concern to health and vitality of human life and nature. Both cement and steel sectors of Pakistan are likely to get a boost from the tremendous construction activity generated through multi-billion dollar …
Read More »Pakistan online business on the rise; domestic tourism need more support
Jovago provide post payment option with 24/7 customer support Interview with Nadine Malik Almani — Country Manager, Jovago Pakistan Nadine Malik Almani is the Country Manager of Jovago Pakistan, which is an international venture of Rocket Internet specializing in hotel and vacation rentals globally. Nadine Malik who is a graduate from Bryn Mawr College, USA, started her career as a banker with Citibank Pakistan. After four years at Citi, …
Read More »CPEC has become a major attraction for domestic as well as foreign investors
Cement, steel, other industries set to grow The China-Pakistan Economic Corridor (CPEC) has become a major attraction for domestic as well as foreign investors who see this project as catalyst for Pakistan to grow its economy at a pace achieved by leading regional peers. Soon after the launch of the project, some major business groups have already invested in expanding their production capacity of such materials as cement, steel, …
Read More »Telecom: A booming industry of Pakistan with promising and vibrant future
Total revenues of Pakistan’s telecom sector have been raised to Rs452.8 billion in fiscal year 2016 as compared to Rs446 billion in fiscal year 2015. The telecom sector in Pakistan, besides the auto industry, is moving in fast path enjoying high demand as it contributed Rs157.8 billion to the national exchequer. Increasing is ongoing in several sectors in which IT and mobile companies are providing new services and the …
Read More »Brunt of taxation on the ICT industry
Many in the telecom industry have, for years now, been advocating for a reduction in the indiscriminately high telecom taxes. The 2016-17 budget in Pakistan got diverse reactions from the Information and Communication Technology (ICT) industry. It raised taxes on mobile phones. But there was good news for IT sector in the form of tax exemption on software exports with reasonably satisfactory budget for development projects. The government generated …
Read More »E-commerce trade catching on, has bright future in Pakistan
The e-commerce industry has a bright future with high growth prospects in Pakistan. The industry is set to flourish at a faster pace if the government takes serious measures to remove barriers hindering its growth and expansion. Presently, customer satisfaction is gradually gaining trust amongst customers. Pakistan needs to place ICT (information and communications technology) on its priority list to keep pace with the advancement in technology and minimize digital …
Read More »