ISLAMABAD: Pakistani Prime Minister Imran Khan on Wednesday directed his special adviser on e-commerce to formulate a “robust policy” to govern the industry and create new jobs and ease of doing business for young people.
Pakistan has seen more money flow into its nascent technology sector during 2021 than in the previous six years combined. Many global venture capital firms have invested in Pakistan for the first time in the current wave, including Kleiner Perkins, an early investor in Google and Amazon.com Inc.
Investments recently crossed $300 million after two e-commerce companies raised fresh funds.
Bookme, the largest online travel and ticketing platform in the country, raised $7.5 million in its Series A round, according to its founder Faizan Aslam. Bagallery, a beauty and fashion startup, separately raised $4.5 million in a similar round, co-founder Salman Sattar said. Both rounds were co-led by Zayn Capital, Lakson Venture Capital and Hayaat Global.
“Special Assistant to Prime Minister on E-Commerce Senator Aon Abbas Buppi Wednesday called on Prime Minister Imran Khan,” the prime minister office said in a statement. “During the meeting, they discussed the establishment of an e-commerce university as well as matters related to e-commerce. Moreover, they also deliberated over the holding of a freelancer’s conference.”
Buppi told the prime minister about the first e-commerce university being established in Pakistan.
“The prime minister directed the SAPM to formulate a robust policy on e-commerce and besides creating new business opportunities for the youth and ease out the processes for them,” the statement said.
Pakistan’s e-commerce industry is just picking up with online retail accounting for about 2 percent of gross domestic product, compared with 20 percent in Indonesia. Alibaba Group Holding Ltd.’s Daraz Group, the largest e-commerce company in Pakistan, expects to double its retail volume every year over the next five years, sustaining the pace of the past four years, Bloomberg has reported.
Pakistani prime minister orders formulating ‘robust policy’ on e-commerce
https://arab.news/wr2md
Pakistani prime minister orders formulating ‘robust policy’ on e-commerce
- Khan meets special adviser on e-commerce, discusses establishment of e-commerce university
- Investments in nascent technology sector crossed $300 million after two companies raised fresh funds
Pakistan opposition rallies in Khyber Pakhtunkhwa to demand release of Imran Khan
- PTI-led gathering calls the former PM a national hero and demands the release of all political prisoners
- Government says the opposition failed to draw a large crowd and accuses PTI of damaging its own politics
ISLAMABAD: Pakistan’s opposition led by the Pakistan Tehreek-e-Insaf (PTI) party demanded the release of jailed former prime minister Imran Khan at a rally in the northwestern Khyber Pakhtunkhwa province on Sunday, describing him as a national hero who continues to command public support.
The gathering came days after a rare and strongly worded briefing by the military’s media chief, Lt. Gen. Ahmed Sharif Chaudhry, who dismissed Khan as “narcissistic” and “mentally ill” on Friday while responding to the former premier’s allegations that Pakistan’s chief of defense forces was responsible for undermining the constitution and rule of law.
He said that Khan was promoting an anti-state narrative which had become a national security threat.
The participants of the rally called for “civilian supremacy” and said elected representatives should be treated with respect.
“We, the people of Pakistan, regard Imran Khan as a national hero and the country’s genuinely elected prime minister, chosen by the public in the February 8, 2024 vote,” said a resolution presented at the rally in Peshawar. “We categorically reject and strongly condemn the notion that he or his colleagues pose any kind of threat to national security.”
“We demand immediate justice for Imran Khan, Bushra Bibi and all political prisoners, and call for their prompt release,” it added, referring to Khan’s wife who is also in prison. “No restrictions should be placed on Imran Khan’s meetings with his family, lawyers or political associates.”
Addressing the gathering, Sohail Afridi, the chief minister of Khyber Pakhtunkhwa, denied his administration was not serious about security issues amid increased militant activity. However, he maintained the people of his province had endured the worst of Pakistan’s conflict with militancy and urged a rethinking of long-running security policies.
The resolution asked the federal government to restore bilateral trade and diplomatic channels with Afghanistan, saying improved cross-border ties were essential for the economic stability of the region.
The trade between the two neighbors has suffered as Pakistan accuses the Taliban administration in Kabul of sheltering and facilitating armed groups that it says launch cross-border attacks to target its civilians and security forces. Afghan officials deny the claim.
The two countries have also had deadly border clashes in recent months that have killed dozens of people on both sides.
Some participants of the rally emphasized the restoration of democratic freedoms, judicial independence and space for political reconciliation, calling them necessary to stabilize the country after years of political confrontation.
Reacting to the opposition rally, Information Minister Attaullah Tarrar said the PTI and its allies could not gather enough people.
“In trying to build an anti-army narrative, they have ruined their own politics,” he said, adding that the rally’s reaction to the military’s media chief’s statement reflected “how deeply it had stung.”
“There was neither any argument nor any real response,” he added, referring to what was said by the participants of the rally.
