KARACHI: Massive devaluation of Pakistani Rupee will make inflation genie uncontrollable, said Mohammed Tariq Yousuf, President, Karachi Chamber of Commerce and Industry (KCCI) on Thursday.
(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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Boycott results fall in steel prices: ABAD
KARACHI: Association of Builders and Developers of Pakistan (ABAD)’s boycott of steel purchase has brought positive result as steel manufacturers have brought down prices of steel to Rs271,000 from Rs345,000 per ton.
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Amir Paracha elected President of OICCI for 2023 term
KARACHI: Amir Paracha, Chairman and Chief Executive Officer, Unilever Pakistan Limited has taken over as the President of the Overseas Investors Chamber of Commerce and Industry (OICCI) for the 2023 term.
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FPCCI advises SBP to avoid further monetary tightening
KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Tuesday suggested the State Bank of Pakistan (SBP) to avoid further monetary tightening.
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Another blow to construction industry: cement prices hovering near peak
KARACHI: Skyrocket cement prices are another blow to the construction industry because massive surge in steel prices already badly dented the industry.
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Steel producers reject allegations of ABAD
ISLAMABAD: Pakistan Association of Large Steel Producers (PALSP) has rejected allegations leveled by builders and developers regarding price hike of steel bars.
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Construction industry continues boycott steel purchase
KARACHI: Construction industry has continued boycott the purchase of steel bars in protest of high prices.
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Car prices in Pakistan surge by 149 pc to reach highest level
LAHORE: Car prices in Pakistan have surged by 149 per cent to reach the highest level of the country’s history.
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Iran establishes six border markets to promote trade with Pakistan
KARACHI: Iran has established six border markets to promote trade with Pakistan, said Iranian Consul General Hasan Noorain.
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FPCCI says new taxes to further slowdown economy
KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has said that imposition of new taxes by the government will further slowdown the economy.
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