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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

Karachi Business Community Pledges Full Support to Pakistan’s Caretaker Government

August 24, 2023August 24, 2023Shahnawaz Akhter

Karachi, August 24, 2023 – The Businessmen Group (BMG), representing the trade and industry of Karachi, has extended its full support to Pakistan’s caretaker government.

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FED on cigarettes

Crucial Role of Track and Trace System in Combating Illegal Cigarette Manufacturing

August 23, 2023August 23, 2023Shahnawaz Akhter

The Track and Trace system is undeniably vital in curbing illegal cigarette manufacturing and addressing the pressing issues associated with it in Pakistan.

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trade and idustries in world

Private Sector Initiates Loan Repayments Amidst Challenging Economic Climate in Pakistan

August 23, 2023August 23, 2023Shahnawaz Akhter

Karachi, August 23, 2023 – Pakistan’s private sector has begun retiring bank loans in response to the challenging economic conditions facing the country.

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Federation of Pakistan Chambers

FPCCI Demands Immediate Withdrawal of Section 7E Across Pakistan

August 22, 2023August 22, 2023Shahnawaz Akhter

Karachi, August 22, 2023 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has issued a stern demand to tax authorities for the immediate withdrawal of Section 7E across the entire country.

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Lucky Cement Limited

Lucky Cement Announces Commencement of 25MW Solar Power Plant

August 21, 2023August 21, 2023Faisal Shahnawaz

Karachi, August 21, 2023 – Lucky Cement Limited, a leading player in the Pakistani cement industry, proudly announced the successful completion and commissioning of its 25-megawatt captive solar power plant.

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State Bank of Pakistan 04

SBP Announces Last Date for Resubmission of Duty Drawback Claims

August 21, 2023August 21, 2023Shahnawaz Akhter

Karachi, August 21, 2023 – The State Bank of Pakistan (SBP) has officially declared the final deadline for resubmission of duty drawback claims, affecting both the textile and non-textile sectors.

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KCCI Photo

KCCI Criticizes FBR Over Section 7E Discrimination in Property Selling

August 20, 2023August 20, 2023Faisal Shahnawaz

KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has strongly criticized the Federal Board of Revenue (FBR) for what it perceives as discriminatory treatment in the application of Section 7E concerning property sales.

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KCCI Photo

Karachi Chamber Urges Immediate Rollback of Petroleum Price and Power Tariff Hikes

August 16, 2023August 16, 2023Shahnawaz Akhter

KARACHI, August 16, 2023 – The Karachi Chamber of Commerce & Industry (KCCI) has called on the government to swiftly retract the recent increases in petroleum prices and power tariffs.

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trade and idustries in world

Business Community Criticizes Significant Increase in Petroleum Prices

August 16, 2023August 16, 2023Hamza Shahnawaz

Karachi, August 16, 2023: The business community has strongly criticized the decision of the new interim government to substantially raise the prices of petroleum products.

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Philip Morris Pakistan

Philip Morris Pakistan’s Profits Plummet by 76% in First Half of 2023

August 16, 2023August 16, 2023Shahnawaz Akhter

Karachi, August 16, 2023 – Philip Morris Pakistan Limited, an international company known for making cigarettes, has experienced a significant drop of 76 percent in its profits for the first half of this year, which ended on June 30, 2023.

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