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Category: Trade & Industry

Trade & Industry news covering business developments, industrial growth, manufacturing trends, and economic policies shaping domestic and global markets.

KCCI Photo

EU Envoy Urges Pakistani Businesses to Maximize GSP + Benefits

January 9, 2024January 9, 2024Faisal Shahnawaz

KARACHI: Raina Kionka, the Ambassador of the European Union (EU), has urged the Pakistani business community to expand and diversify their exports to the EU, maximizing the advantages offered by the EU’s Generalized System of Preferences (GSP) Plus for Pakistan.

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Tax Budget

Lahore Chamber Advocates Tax Relief for Retailers

January 7, 2024January 7, 2024Mrs. Anjum Shahnawaz

Lahore, January 7, 2024 – The Lahore Chamber of Commerce and Industry (LCCI) has called upon tax authorities to provide much-needed relief to retailers, citing concerns over recent policy changes.

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Weather Forecast Thundershowers

CDA to Auction F-9 Plots Starting January 10

January 6, 2024January 6, 2024Mrs. Anjum Shahnawaz

Islamabad, January 6, 2024 – The Capital Development Authority (CDA) is set to conduct its first auction of plots in F-9 Park, Islamabad, starting from January 10 and continuing through January 12.

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Salt Manufacturers

SMAP and PNSC Discuss Red Sea Crisis

January 4, 2024January 4, 2024Faisal Shahnawaz

Karachi, January 4, 2024 – The Salt Manufacturers Association of Pakistan (SMAP) and the Pakistan National Shipping Corporation (PNSC) convened to address security issues arising from the recent crisis in the Red Sea.

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trade and idustries in world

Tragic Incident at Agha Steel Plant Claims Two Lives

January 1, 2024January 1, 2024Faisal Shahnawaz

Karachi, January 1, 2024 – A somber day unfolded at Agha Steel Industries as an unfortunate incident at the plant site resulted in the tragic loss of two lives, as confirmed in an official statement released on Monday.

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Gallup Pakistan

Gallup Pakistan Survey Reveals Growing Business Confidence

December 29, 2023December 29, 2023Faisal Shahnawaz

Karachi, December 29, 2023 – The latest Gallup Pakistan survey indicates a positive shift in business confidence regarding the economic climate of Pakistan.

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Salt Manufacturers

Salt Manufacturers Urge Government Support Amid Red Sea Crisis

December 27, 2023December 27, 2023Shahnawaz Akhter

Karachi, December 27, 2023 – The Salt Manufacturers Association of Pakistan (SMAP) issued a plea for government intervention on Wednesday, seeking support to address rising freight charges amidst the ongoing Red Sea crisis.

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UNISAME

Freight Rates Skyrocket Amid Red Sea Crisis: UNISAME

December 26, 2023December 26, 2023Shahnawaz Akhter

Karachi, December 26, 2023: The Union of Small and Medium Enterprises (UNISAME) has raised an alarm over a significant increase in freight rates triggered by the ongoing crisis in the Red Sea and Suez Canal.

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UNISAME

UNISAME Facilitates Operationalization of Exim Bank

December 22, 2023December 22, 2023Shahnawaz Akhter

Karachi, December 22, 2023 – In a significant development for the small and medium enterprises (SMEs) in Pakistan, the Union of Small and Medium Enterprises (UNISAME) has played a pivotal role in facilitating the operationalization of the Export-Import Bank of Pakistan (Exim Bank).

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textile manufacturing

Textile Exports Fall in November 2023 Amidst Soaring Gas Prices

December 21, 2023December 21, 2023Hamza Shahnawaz

Karachi, December 21, 2023 – Pakistan’s textile exports faced a significant setback in November 2023, recording a month-on-month (MoM) decline of 8 percent and a year-on-year (YoY) drop of 7 percent, totaling $1.3 billion.

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  • Pakistanis Support Fair Tax on Social Media Influencers
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