KARACHI: Pakistan’s ongoing digital transformation is fast changing the country's business landscape as more women employ their entrepreneurial skills to bridge the gender pay gap that has remained a norm in the country for decades, female business leaders told Arab News on Tuesday.
“Women in Pakistan are becoming entrepreneurs not only to be more self-reliant but also to financially support their families. They are also closing gender pay gap. The country’s digital transformation is creating vast online business opportunities for women,” Shanaz Ramzi, President Women Chamber of Commerce and Industry (WCCI) Karachi (South), said.
Women constitute more than 50 percent of Pakistan’s population which, according to the 2017 census, stands at 207.7 million.
The country’s female labor force participation rate stands at 22.18 percent in 2020, according to the World Bank data. It was 12.51 percent in 1995, but went up to 23.85 percent in 2015.
“Women are taking advantage of online opportunities after the outbreak of COVID-19. Some of them have started food businesses with delivery options. Others are running educational setups. You will also find some highly qualified women are in tech businesses. They are doing this right from their homes. Hence, they are not only financially supporting their families but also looking after children,” she continued.
Pakistani businesswomen say that COVID-19 opened new avenues, enabling many of them not only to run their businesses better but also expand them further.
Last week, a Lahore-based female fitness studio chain, AimFit, raised $1 million to become the first Venture Capital-backed fitness startup in Pakistan. The organization, which has been in the market for the last six years, said it would utilize the amount to expand fitness studios across the country.
“We have three studios in Lahore and one in Islamabad. The money raised would be utilized to expand physical outreach and online expansion through development of app-based technology system,” Mariam Yasin, its chief operating officer, told Arab News. “We plan to provide both online and offline fitness solutions to women.”
Yasin said that her organization intended to redefine fitness by taking a holistic approach and focusing on both physical and mental health. “Bringing out women to studios was a challenge that we met by providing them a secure environment,” she said, adding: “We now aim to add 10,000 more women to the network of 5,000 within the next two years through our home workout challenge.”
Another female fitness facility in Karachi has also witnessed an increase in female participation by providing a secure atmosphere and modern workout gadgets.
“We have made separate arrangements for females so their families are more comfortable. This explains why the number of female fitness freaks is rising,” Amber Naeem, operations manager at the Atmosphere Gym, told Arab News.
“We have also made substantial investment in hi-tech machines for ladies,” she added.
The government is also supporting female entrepreneurs by extending soft loans to them at a maximum markup rate of 5 percent per annum. Women can avail up to Rs5 million for five years.
“Women are also availing government facilities offered by banks and microfinance institutions that suit their business models and empower them,” Ramzi noted. “Many of these women who have attained financial autonomy are now immune to workplace harassment.”
One of the major impediments to female financial autonomy is resistance from families not only because of the conservative social norms but also the fear of losing male dominance, say businesswomen.
“Business opportunities are equally available to male and female members of a family, but male partners usually feel threatened when women seek financial independence due to the conservative nature of our society,” Sobia Raheem, director at the Macca Foods, told Arab News.
“This mindset has to change since it’s a kind of harassment,” she continued.
Raheem, who also exports seafood, another male dominated business, said: “We don't care about gender in business dealings.”
Businesswomen say Pakistan’s digital transformation bridging gender pay gap
https://arab.news/83bf4
Businesswomen say Pakistan’s digital transformation bridging gender pay gap
- The country’s female labor force participation rate stands at 22.18 percent in 2020, according to the World Bank
- Women entrepreneurs are less prone to workplace harassment as compared to working class women, say business leaders
Direct Pakistan-Bangladesh shipping route marks rebuilding ties
- Dhaka’s ties with New Delhi frayed after former PM Sheikh Hasina flew to India after violent protests
- Ship from Karachi brought goods from Pakistan and the United Arab Emirates to Bangladesh’s Chittagong
DHAKA: The first cargo ship in decades to sail directly from Pakistan to Bangladesh successfully unloaded its containers, port officials told AFP Sunday, as both sides seek to rebuild ties after decades of frosty relations.
The two countries, once one nation, split in 1971 after a brutal war, with Bangladesh then drawing closer to Pakistan’s rival India.
But its ties with New Delhi have frayed after a student-led revolution in August toppled Bangladesh’s autocratic leader Sheikh Hasina, who fled to India by helicopter.
The 182-meter (597-foot) long container ship — the Panama-flagged Yuan Xiang Fa Zhan — had sailed from Pakistan’s Karachi to Bangladesh’s Chittagong.
Top Chittagong port official Omar Faruq confirmed to AFP on Sunday that the ship had unloaded its cargo on November 11 before departing.
Pakistan’s envoy to Dhaka, Syed Ahmed Maroof, sparked widespread discussion on social media in Bangladesh when he said after the docking that the direct shipping route was “a major step” in boosting trade across the region.
The route will “promote new opportunities for businesses on both sides,” Maroof wrote on Facebook.
Chittagong port authorities said the ship brought goods from Pakistan and the United Arab Emirates, including raw materials for Bangladesh’s key garment industry and basic foodstuffs.
In September, Bangladesh eased import restrictions on Pakistani goods, which previously required a mandatory physical inspection on arrival which resulted in long delays.
Pakistani goods previously had to be off-loaded onto feeder vessels — usually in Sri Lanka, Malaysia or Singapore — before traveling to Bangladesh.
Pakistan unveils first Carbon Market Policy to attract green investment, curb pollution
- Pakistan wants to transition toward a low-carbon economy, says PM’s coordinator on climate change
- Carbon markets refer to systems that reduce greenhouse gas emissions by offering financial incentives
ISLAMABAD: Pakistan’s Coordinator to the Prime Minister on Climate Change Romina Khurshid Alam on Sunday unveiled the country’s first National Carbon Market Policy, saying that the government wanted to attract investments in green initiatives and transition toward a low-carbon economy.
Carbon markets refer to systems that aim to reduce greenhouse gas emissions by allowing companies or organizations to buy and sell “carbon credits.” This is achieved by offering financial incentives to these entities to cut emissions.
Pakistan is ranked the 5th most vulnerable country to climate change, according to the Global Climate Risk Index. In 2022, devastating floods killed over 1,700 people and affected over 33 million, with economic losses exceeding $30 billion. International donors pledged over $9 billion last January to aid Pakistan’s flood recovery but officials say little of the promised funds have been received so far.
“Let me say this confidently that Pakistan is now ready to lead, innovate and collaborate with local private sector as well as international partners for the development of carbon markets to attract investments in green initiatives for achieving climate goals under the Paris climate pact,” Alam said in a statement.
Alam was attending an event held at the Pakistan Pavilion in Baku, during the sidelines of the global COP29 climate conference, to launch the country’s first carbon market policy. The event was attended by members of international civil society organizations, delegation members of different countries, academia, researchers, policymakers and journalists.
“By participating in such markets, Pakistan can incentivize businesses and industries to adopt cleaner technologies and practices,” she said.
Alam said the success of Pakistan’s carbon markets will depend on its ability to collaborate with international partners.
“We welcome partnerships with international investors, organizations, and governments to ensure that this market becomes a regional and global success story,” she said.
Pakistani Prime Minister Shehbaz Sharif, who spoke at a number of events at COP29 earlier this week, used the forum to highlight the need to restore confidence in the pledging process and increase climate finance for vulnerable, developing countries.
The main task for nearly 200 countries at the COP29 summit from Nov. 11-22 is to broker a deal that ensures up to trillions of dollars in financing for climate projects worldwide.
No indication from Pakistan on trying Imran Khan in military court — UK foreign secretary
- UK Foreign Secretary David Lammy says Khan, like other Pakistani prisoners, has right to fair trial and due process
- Pakistan’s military has initiated trials of at least 103 Khan supporters accused of attacking military installations last year
ISLAMABAD: UK Foreign Secretary David Lammy recently assured a fellow parliamentarian that there have been “no recent indications” from Pakistani authorities that they intend to try former prime minister Imran Khan in a military court, reiterating that he had the right to a fair trial and due process.
Protesters linked to Khan’s Pakistan Tehreek-e-Insaf (PTI) party attacked and damaged government and military buildings on May 9, 2023, after his brief arrest that day in a land graft case. Hundreds of PTI followers and leaders were arrested following the riots. The military has also initiated trials of at least 103 people accused of involvement in the violence.
The development raised fears among Khan supporters of his possible trial by a military court, prompting the former prime minister to file a petition in the Islamabad High Court against it. The petition was dismissed by the court in September after the government said it had not decided whether or not it wanted to try the former premier.
Pakistan’s military spokesperson in September hinted at Khan’s possible military trial, saying that though the matter was sub judice, using military personnel for personal or political gains invites legal action.
In response to an Oct. 16 letter penned by Labour legislator Kim Johnson, Lammy assured him that the UK government engages regularly “at a senior level” with Pakistan on the country’s political situation.
“We have no recent indications from the Pakistani authorities that they intend to try Imran Khan in a military court, but my officials continue to monitor the situation closely,” Lammy wrote in a letter to Johnson dated Nov. 11.
The UK official said he has raised concerns about the potential use of military courts to try civilians, including Khan. Lammy added that such courts can lack transparency and independent scrutiny, making it difficult to assess their compliance with international standards.
“While Pakistan’s judicial processes are a domestic matter, we have been very clear that the Pakistani authorities need to act in line with their international obligations and with respect for fundamental freedoms, including the right to a fair trial, due process and humane detention,” he wrote.
“This applies to Imran Khan as it does to all Pakistan’s citizens.”
Lammy said he remains concerned by restrictions on freedom of expression and assembly in Pakistan, including those in relation to political opposition.
“In our engagements with the authorities, we continue to underline that the freedom to hold and express views without censorship, intimidation or unnecessary restriction is a cornerstone of democracy,” he said.
Khan’s close aide, Sayed Zulfikar Bukhari shared Lammy’s letter on social media platform X.
“Respect for free and fair elections, and the rule of law, underpinned by an independent judiciary, are the bedrock of a democracy,” Bukhari wrote. “Pakistanis continue to struggle for theirs.”
Khan, arguably Pakistan’s most popular politician, was ousted from office after a parliamentary no-trust vote in April 2022 and has since waged an unprecedented campaign of defiance against the country’s powerful military and Prime Minister Shehbaz Sharif-led government.
Khan’s party says the military and his political rivals rigged the Feb. 8 general election to form the Sharif-led government. Both deny the charge.
Pakistan says over 20,000 companies and freelancers have registered for VPNs
- Pakistan’s interior ministry this week ordered a ban on VPNs, citing their use by militant groups
- Pakistan Telecommunication Authority says VPN registration can be completed on its website
ISLAMABAD: The Pakistan Telecommunication Authority (PTA) this week disclosed that over 20,000 companies and freelancers have so far registered for Virtual Private Networks (VPNs) through its official website, days after it announced banning illegal ones.
Pakistan’s Ministry of Interior sent a letter to the PTA on Friday asking it to block illegal VPNs across the country, citing their use by militant groups for financial transactions and violent activities.
This directive follows international criticism of Pakistan’s Internet restrictions, notably after the February general elections, where allegations of electoral manipulation led to the blocking of social media platform X. Media reports also suggested the government was setting up a national firewall, which had led to the slowdown of Internet speed across Pakistan.
“To date, more than 20,000 companies and freelancers have successfully registered their VPNs through this efficient process,” the PTA said in a statement on Saturday.
The PTA said it had streamlined the VPN registration process for organizations and freelancers, saying that entities such as software houses, call centers, banks, embassies, and freelancers can now easily register their VPNs online through the PTA’s official website: www.pta.gov.pk.
It said the registration process involves completing an online form and providing basic details, including the national identity card number, company registration details and taxpayer status.
Meanwhile, it said freelancers must submit documentation, such as a letter or email, verifying their project or company association. Additionally, it said applicants must provide the IP address for VPN connectivity. If a fixed IP address is required, it can be acquired from an Internet Service Provider (ISP).
“The registration process is free, and approvals are typically granted within 8–10 hours of submission,” the PTA said.
After the interior ministry circulated its letter calling for a ban on VPNs on Friday, the Council of Islamic Ideology, a constitutional advisory body that reviews laws to ensure they align with Islamic principles, also declared VPNs usage “un-Islamic” in a statement the same day.
“The government and the state have the authority, from an Islamic perspective, to prevent all actions that lead to wrongdoing or facilitate it,” the council’s chairman, Raghib Hussain Naeemi, was quoted as saying in the statement.
“Therefore, measures to block or restrict access to immoral and offensive content, including the banning of VPNs, are in accordance with Shariah.”
VPN users in Pakistan have already reported significant disruptions to services since last weekend, with issues relating to connectivity and restricted access.
Pakistan’s decision to impose online restrictions have been questioned by free speech activists and businesses alike.
PREDA, Pakistan’s first membership-based organization dedicated to promoting and protecting the interests of professionals, also wrote a letter to the government earlier in the day, appealing for the adoption of stable digital policies to support growth and build an eco system for global competitiveness.
Pakistan says ‘fully prepared’ to host Champions Trophy tournament amid India row
- PCB Chairman Mohsin Naqvi meets English counterpart in London to discuss Champions Trophy tournament
- India has refused to travel to Pakistan for Feb. 9-Mar. 19 tournament next year due to political tensions
ISLAMABAD: Pakistan Cricket Board (PCB) Chairman Mohsin Naqvi this week reiterated that the country was “fully prepared” to host the Champions Trophy cricket tournament next year, despite India’s refusal to send its cricket team to the neighboring country.
Pakistan is scheduled to host the Feb. 19-Mar. 9 Champions Trophy 2025 tournament. However, the International Cricket Council (ICC) last week informed Pakistan that India had declined to play any games in Pakistan. The PCB has sought clarification from the ICC on the refusal.
India has not sent its cricket team to Pakistan since 2008 due to political tensions between the two countries. Pakistan was forced to agree to a “hybrid” model for the 2023 Asia Cup through which all of India’s matches were shifted to Sri Lanka. Pakistan has said it will not agree to a similar model for the Champions Trophy.
“Mohsin Naqvi said Pakistan is fully prepared for the ICC Champions Trophy tournament,” state-run Radio Pakistan reported on Friday.
Naqvi said this in London after meeting England and Wales Cricket Board Chairman Richard Thompson on Saturday.
Thompson expressed his best wishes to the PCB chairman for the upcoming tournament, the state broadcaster said.
“He said England’s recent visit to Pakistan was a wonderful experience,” Radio Pakistan reported.
Speaking about Pakistan renovating its stadiums ahead of the multi-nation tournament next year, Naqvi said the venues are being upgraded with modern facilities.
While India’s presence is crucial to the commercial success of the ICC event, Pakistan might pull out of the tournament should it be shifted out of the country, the Dawn newspaper reported on Tuesday citing sources.
The ICC is in talks with the PCB and the participating boards before finalizing the schedule of the eight-team tournament.
The ICC Champions Trophy 2025 tour kicked off on Saturday after the trophy was displayed at Islamabad’s Pakistan Monument and Faisal Mosque landmarks.
