Philip Morris Pakistan Faces 86% Decline in Income for 2023
Philip Morris (Pakistan) Limited, a prominent international tobacco company, has reported a staggering 86 percent decline in its total income for the fiscal year 2023.
Philip Morris (Pakistan) Limited, a prominent international tobacco company, has reported a staggering 86 percent decline in its total income for the fiscal year 2023.
KARACHI, March 23, 2024 – Governor Sindh Kamran Khan Tessori emphasized the crucial role of collective efforts in reshaping the perception about the business community, stressing that Pakistan’s progress hinges on the prosperity of its entrepreneurs.
Foreign investors actively engaged in Pakistan have recently presented their proposals for the upcoming 2024-25 budget to the government, aiming to address critical fiscal deficits and enhance the investment climate in the country.
Islamabad, March 20, 2024 – The All Pakistan Textile Mills Association (APTMA) has presented a comprehensive policy roadmap to Commerce Minister Jam Kamal, aiming to elevate the country’s textile exports to $50 billion by 2029.
KARACHI: The Korangi Association of Trade and Industry (KATI) has strongly denounced the proposed increase in gas tariffs for industrial consumers, calling for urgent relief measures to alleviate the burdens faced by manufacturers.
Islamabad, March 18, 2024 – The Pakistan Sugar Mills Association (PSMA) has expressed concerns over the looming possibility of increased tariffs for Molasses exports, citing potential ramifications on both domestic production and foreign reserves.
Islamabad, March 17, 2024 – Advocates at an anti-tobacco seminar have proposed significant increase in taxes on cigarettes for the forthcoming budget 2024-25.
Islamabad, March 16, 2024 – Ahsan Zafar Bakhtawari, President of the Islamabad Chamber of Commerce and Industry (ICCI), has emphasized the immediate need for the government to engage in discussions with business leaders concerning the forthcoming budget for the fiscal year 2024-25.
Karachi, March 16, 2024 – The Salt Manufacturers Association of Pakistan (SMAP) has issued a fervent appeal to the newly elected government, urging for the lifting of the ban on salt trade with India.
Karachi, March 15, 2024 – Pakistan’s textile sector, a cornerstone of the nation’s economy, has encountered a slight setback with a nominal decrease of 0.65 percent in exports during the first eight months (July – February) of the fiscal year 2023-24. Data released by the Pakistan Bureau of Statistics (PBS) reveals that textile exports amounted […]