Pakistan Business Council (PBC) in a report suggested discontinuation of the highest denomination banknote of Rs5000 in order to formalize the country’s economy.
KARACHI: Restrictions imposed on opening of Letter of Credit (LC) for import payment have given massive rise to smuggling of automobile spare parts.
KARACHI: Pakistan Yarn Merchants Association (PYMA) has sought help of Trade Development Authority of Pakistan (TDAP) in abolishing regulatory duty on polyester yarn.
KARACHI: Association of Builders and Developers (ABAD) of Pakistan has urged the authorities to allow import of raw material on barter trade to save domestic construction industry.
KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Tuesday suggested three key points for tax reforms in the country.
KARACHI: Korangi Association of Trade and Industry (KATI) on Monday rejected hike in petroleum prices and urged politicians to reduce their expenses.
KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has lambasted the central bank for raising interest rate to 17 per cent and said it will not help in curtailing inflation.
Karachi Chamber of Commerce and Industry (KCCI) on Saturday urged shipping lines and terminal operators to waive demurrage and detention charges to stuck-up containers at ports.
KARACHI: Faraz-ur-Rehman, President, Korangi Association of Trade and Industry (KATI) on Tuesday blamed commercial banks for present economic crisis in the country.
KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Wednesday said that documentation of economy is a must to bridge fiscal deficit.