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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.

UNISAME

Immediate Appointment of SMEDA CEO Demanded by UNISAME

December 7, 2023December 7, 2023Hamza Shahnawaz

Karachi, December 7, 2023 – The Union of Small and Medium Enterprises (UNISAME) has issued a compelling call for the immediate appointment of a Chief Executive Officer (CEO) for the Small and Medium Development Authority (SMEDA).

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Federation of Pakistan Chambers

FPCCI Announces Annual Achievement Awards Ceremony to be Held on December 23

December 6, 2023December 10, 2023Faisal Shahnawaz

Karachi, December 6, 2023 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has officially announced that its highly anticipated annual achievement awards ceremony is scheduled to take place on December 23, 2023.

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KCCI Photo

Germany Aims to Strengthen Business Ties with Pakistan: AHK

December 6, 2023December 6, 2023Hamza Shahnawaz

Karachi, December 6, 2023 – Germany is eyeing an expansion of business relations with Pakistan, according to Muhammad Usman, Pakistan’s Representative in the German Emirati Joint Council for Industry and Commerce (AHK).

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ABAD House Pakistan

ABAD Strongly Rejects Increased Property Valuation Rates in Karachi

December 6, 2023June 24, 2026Shahnawaz Akhter

Karachi, December 6, 2023 – The Association of Builders and Developers (ABAD) has vehemently opposed the recent increase in property valuation rates in Karachi, stating that the decision was made without consultation with ABAD, as announced by ABAD Chairman Asif Sumsum on Wednesday.

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KATI

KATI Expresses Surprise Over Government’s Silence on Protests Against Gas Tariff Hike

December 5, 2023December 5, 2023Shahnawaz Akhter

Karachi, December 5, 2023 – The Karachi Association of Trade and Industry (KATI) raised eyebrows on Tuesday as it expressed astonishment over the government’s notable silence in the face of escalating protests against the recent gas tariff hike.

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gas tariff hike shutdown

Industrialists Announce Shutdown on December 4 in Protest of Gas Tariff Increase

November 30, 2023November 30, 2023Shahnawaz Akhter

Karachi, November 30, 2023 – The industrialists of Karachi has announced a widespread shutdown of all industries on Monday, December 4, 2023, demanding the immediate implementation of the approved gas rates of 1350 rupees per MMBTU (Million British Thermal Units) by OGRA.

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Overseas Chamber

Foreign Investors Confidence in Pakistan Remains Negative but Shows Improvement

November 28, 2023November 28, 2023Shahnawaz Akhter

Karachi, November 28, 2023 – The business confidence index of foreign investors in Pakistan continues to register negativity, according to a survey released on Tuesday.

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Pakistan Iran

Iran Proposes Border Markets with Pakistan to Boost Bilateral Trade

November 24, 2023November 24, 2023Shahnawaz Akhter

Karachi, November 24, 2023 – Iran has proposed the establishment of border markets along the Pakistan border to promote bilateral trade.

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KCCI Photo

KCCI Urges Immediate Rectification of Technical Glitches Affecting Sales Tax Return Filings

November 23, 2023November 23, 2023Shahnawaz Akhter

Karachi, November 23, 2023 – The Karachi Chamber of Commerce and Industry (KCCI) has brought to light a series of technical errors that have impeded the filing of monthly sales tax returns.

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sugar export

Government Rejects PSMA Demand for Sugar Export, Prioritizing Consumer Interests

November 21, 2023November 21, 2023Shahnawaz Akhter

Islamabad, November 21, 2023 – The government, led by Dr. Gohar Ejaz, Minister of Industries and Production, dismissed the request from the Pakistan Sugar Mills Association (PSMA) to export sugar.

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