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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.

KATI

KATI President Faraz ur Rehman Announces Early Retirement

December 20, 2023December 20, 2023Faisal Shahnawaz

Karachi, December 20, 2023 – Faraz ur Rehman, the President of the Korangi Association of Trade and Industry (KATI), made a surprise announcement on Wednesday, revealing his decision to take early retirement from his role as the head of the association.

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Salt Manufacturers

Salt Manufacturers Urge Govt to Address Axle Load Concerns

December 20, 2023December 20, 2023Faisal Shahnawaz

Karachi, December 20, 2023 – The Salt Manufacturers Association of Pakistan (SMAP) expressed its concerns on Wednesday regarding the impact of axle load restrictions, emphasizing the need for government intervention to alleviate the challenges faced by the salt industry.

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ABAD House Pakistan

Sindh Launches Online Digitalization Services at ABAD

December 17, 2023December 17, 2023Hamza Shahnawaz

KARACHI: Sindh Caretaker Minister for Revenue, Industry, and Commerce, Younus Dagha, inaugurated E-Services for Revenue land digitalization and an Online Facilitation Center at the prestigious head office of the Association of Builders and Developers of Pakistan (ABAD).

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pakistan single window

PSW Starts Electronic Issuance of Drug Import Licenses

December 13, 2023May 16, 2026Mrs. Anjum Shahnawaz

Islamabad, December 13, 2023 – The Pakistan Single Window (PSW) has taken a significant step towards modernizing and streamlining trade processes by initiating the electronic issuance of drug import licenses and release orders, according to a press release issued on Wednesday.

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KATI

KATI Expresses Dismay Over Unchanged Policy Rate

December 13, 2023May 22, 2026Faisal Shahnawaz

Karachi, December 13, 2023 – The Korangi Association of Trade and Industry (KATI) voiced its disappointment on Wednesday over the decision by the State Bank of Pakistan (SBP) to maintain the policy rate at 22%.

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Federation of Pakistan Chambers

FPCCI and PTBA Forge Alliance for Expanding Pakistan’s Tax Base

December 12, 2023December 12, 2023Shahnawaz Akhter

Karachi, December 12, 2023 – Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and Pakistan Tax Bar Association (PTBA) have joined forces to spearhead an ambitious agenda for the broadening of the tax base in Pakistan.

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Pakistan Caretaker Prime Minister

PM Kakar Directs Preparing Plan for Industry Gas Prices

December 11, 2023December 11, 2023Mrs. Anjum Shahnawaz

Islamabad, December 11, 2023 – Caretaker Prime Minister Anwaar-ul-Haq Kakar, in a meeting with prominent industrialists and businessmen from Karachi on Monday, directed authorities to formulate a comprehensive action plan addressing the prevailing concerns over gas prices in the industrial sector.

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FED on cigarettes

High Taxes Promote Illicit Tobacco Trade

December 11, 2023December 11, 2023Shahnawaz Akhter

Karachi, December 11, 2023 – Advocates for anti-tobacco measures pushing for higher taxes on tobacco products inadvertently contribute to the growth of the illicit tobacco industry.

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UNISAME

UNISAME Remembers Universal Declaration of Human Rights

December 10, 2023December 10, 2023Shahnawaz Akhter

Karachi, December 10, 2023 – The Union of Small and Medium Enterprises (UNISAME) marked the 75th anniversary of the Universal Declaration of Human Rights (UDHR) on Sunday, underscoring the importance of the timeless principles enshrined in this landmark document.

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Pakistan Iran

Iran Unveils Ambitious Plans to Deepen Economic Ties with Pakistan

December 7, 2023December 10, 2023Faisal Shahnawaz

Karachi, December 7, 2023 – Hassan Nourian, the Consul General of the Islamic Republic of Iran, disclosed comprehensive plans to elevate economic collaboration with Pakistan during a meeting at the North Karachi Association of Trade & Industry (NKATI).

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