Ismail Suttar, Chairman of the Salt Manufacturers Association of Pakistan (SMAP), has voiced strong criticism against the government’s decision to grant five days of Eid holidays, highlighting the adverse impact on the nation’s fragile economy.
(more…)Category: Trade & Industry
This section covers news on trade and industry. Pakistan Revenue is committed to providing the latest updates on business trends.
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Business community condemns increase in petroleum prices ahead of Eid in Pakistan
The business community in Pakistan has lambasted the government for the recent hike in petroleum prices ahead of Eid-ul-Fitr, terming it unjustified and destructive for trade and industry.
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LCCI, ACCA team up to advance financial literacy among SMEs in Pakistan
The Lahore Chamber of Commerce and Industry (LCCI) and the Association of Chartered Certified Accountants (ACCA) have teamed up to advance financial literacy among small and medium-sized enterprises (SMEs) in Pakistan.
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Pakistan’s economy faces potential negative growth in FY23, warns FPCCI
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has issued a warning that the country may experience negative economic growth in the ongoing fiscal year 2022-2023.
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Cross-stuffing of Afghan, Uzbek cargo at Karachi Port hailed by Pak-Afghan Chamber
Director of Pak-Afghan Joint Chamber of Commerce and Industry (PAJCCI), Zia-ul-Haq Sarhadi, has welcomed the decision of the customs department to allow cross-stuffing of Afghan and Uzbek cargo at Karachi Port.
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OICCI expresses concerns over threats to business continuity in Pakistan’s economy
Overseas Investors’ Chamber of Commerce and Industry (OICCI) has expressed concern about the threat to business continuity in Pakistan.
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Foreign investors suggest demonetization of Rs5,000 banknote in Pakistan
Foreign investors have suggested the authorities in Pakistan to demonetize Rs5,000 banknote in order to promote cashless economy.
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FPCCI express concerns over private sector distress in Pakistan
The President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Irfan Iqbal Sheikh, on Monday expressed concerns over the distress faced by the private sector in Pakistan.
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Industry condemns withdrawal of low tariff electricity
KARACHI: The industry on Monday condemned the withdrawal of low tariff electricity for manufacturing and export oriented units.
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FPCCI proposes measures to resolve import payment crisis
Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Saturday proposed measures to resolve import payment crisis.
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