Skip to main content

Alibaba.com Reaffirms Commitment to Unlocking Pakistan’s Textile Industry Potential at GTEX Expo 2023

  

Alibaba.com, a leading platform for global business-to-business (B2B) e-commerce, has concluded its participation in the GTEX Textile Machine and Chemical Brand Expo held from 3 to 5 August 2023 in Karachi, reaffirming its commitment to assisting Pakistan businesses on their journey towards digitalization and global expansion.

The expo served as a valuable networking platform for textile industry players, showcasing a wide range of raw materials, finished products, state-of-the-art technologies and machinery. As a participant, Alibaba.com had the opportunity to interact with hundreds of suppliers and manufacturers to highlight global trading opportunities available through B2B e-commerce.

Through personalized one-on-one consultations, Alibaba.com experts provided them with tips and advice on how to embark on online trade, connect with global buyers, secure orders and boost their export performance.

“Alibaba.com values opportunities to connect with Pakistani suppliers and manufacturers such as the GTEX Expo, where we were able to highlight to them the shift of global buyers towards online sourcing and offer our firsthand B2B e-commerce knowledge and insights. Global exports hold the key to further growth and success for Pakistan’s textile industry. We are eager to be a part of this transformative journey and we look forward to working with more businesses here to help unlock their potential in the global market,” said Mr. Rocky Lu, Head of Alibaba.com Pakistan.

Alibaba.com is dedicated to helping Pakistani businesses embrace digitalisation and explore untapped opportunities in the global market. By offering digital trading tools specially designed for small businesses, the platform aims to play a supportive role in the growth and success of the textile industry in Pakistan.

Comments

Post a Comment

Popular posts from this blog

47% of Asia Pac businesses have no emissions plan in place despite the climate emergency, reveals new report from ACCA, IFAC and PwC

           As world leaders gather for COP 28, ACCA (the Association of Chartered Accountants), IFAC (the International Federation of Accountants) and professional services firm PwC released a new report:   The  role of the CFO and finance function in the climate transition: driving value and sustainability,  based on a survey of 1,000 senior finance professionals around the world.   The research reveals 47% of respondents in the Asia Pacific region have yet to produce a plan for reducing their carbon emissions. Alarmingly, 69% of those respondents without an emissions plan say they currently have no intention of developing one. This compares with global figures of 46% of respondents who have yet to prepare an emissions plan and 70% of those say they currently have no intention of developing one.   The report also says that that involving CFOs and finance teams in the emissions reduction planning is likely to accelerate progress.  They should embrace this because, although they may not
Post a Comment
Read more

Economic confidence among finance professionals edges higher globally despite big fall in North America

                                            The latest ACCA (the Association of Chartered Certified Accountants) and IMA ®  (Institute of Management Accountants)  Global Economic Conditions Survey (GECS) suggests that confidence among accountants and finance professionals edged slightly higher in Q2 2024 and is just above its historical average.  For chief financial officers (CFOs), all the key global indicators rose, with sharp gains evident in the New Orders and Capital Expenditure indices.   There were some notable regional differences . Western Europe-based accountants reported another decent increase in confidence as the euro area and UK economies continue to stage recoveries. Even Asia Pacific saw a small rise off the back of a huge gain previously, and the New Orders Index increased strongly. The region is benefitting from improvements in the global economy, including in the manufacturing sector and the upward moving technology cycle. However, North America’s financial professio
Post a Comment
Read more

Optimistic accountants embrace AI as profession shows desire to learn and adapt

   A survey among members of ACCA (the Association of Chartered Certified Accountants) sees a range of key organisational benefits in adopting digital technologies including flexibility/adaptability, quality of products and services, sustainability performance, transparency and regulatory compliance (72%).   However, The  Digital Horizons  survey – which garnered 1,074 responses from ACCA members across the globe – noted that financial professionals still see the main benefit of technology as offering efficiency/process improvements: 52% ranked efficiency, internal process optimisation or cost savings in their top three objectives when adopting a new technology.    Only 18% included competition-related reasons, such as responding to customer demands, enhancing market insights, introducing 24/7 capabilities, or maintaining competitive advantage.   Cost remains the top challenge when adopting technology, but organisational culture also remains a critical factor in successful adoption.   
Post a Comment
Read more