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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.

trade and idustries in world

Tenure Extended to Two Years for Office Bearers of Trade Bodies

August 13, 2023August 13, 2023Shahnawaz Akhter

Islamabad, August 13, 2023 – In a significant move, the government of Pakistan has taken a step to provide stability and continuity in the leadership of trade bodies by extending the tenure of office bearers and members of executive committees.

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KATI

Direct Flights Between Karachi and Kuala Lumpur Expected by Year End: Malaysia Envoy

August 10, 2023August 10, 2023Faisal Shahnawaz

Karachi, August 10, 2023 – In a significant development aimed at bolstering economic ties and promoting collaboration, the Malaysian Consul General Harman Hardynata Ahmed announced on Thursday that direct flights connecting Karachi to Kuala Lumpur are anticipated to be operational by the close of this year.

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engro corp

Engro Polymer Records 61% Decline in Half-Year After-Tax Profit

August 10, 2023August 10, 2023Shahnawaz Akhter

Karachi, August 10, 2023 – Engro Polymer and Chemicals Limited (EPCL) has encountered a substantial 61 percent drop in profit after tax for the half-year ending June 30, 2023.

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National Foods

National Foods Embarks on “Seed to Table” Project, Marking Entry into Agriculture

August 9, 2023August 9, 2023Faisal Shahnawaz

Karachi; August 9, 2023 – National Foods Limited has taken a significant step into the realm of agriculture with the launch of its “Seed to Table” project.

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Lucky Cement Limited

Lucky Cement Achieves Remarkable 63.5% Surge in Profit After Tax

August 8, 2023August 8, 2023Faisal Shahnawaz

Karachi, August 8, 2023 – Lucky Cement, a prominent name in the cement industry, has reported a substantial surge of 63.5 percent in its profit after tax for the fiscal year ending on June 30, 2023.

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Bilawal Bhutto Zardari Lays Foundation of FPCCI Tower

Bilawal Bhutto Zardari Lays Foundation of FPCCI Tower for Pakistan’s Economic Growth

August 5, 2023August 5, 2023Faisal Shahnawaz

Karachi, August 5, 2023 – Bilawal Bhutto Zardari, the Foreign Minister of Pakistan, achieved a significant milestone on Saturday by laying the foundation of the FPCCI Tower, a monumental project that promises to elevate Pakistan’s economic landscape.

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KCCI Photo

Karachi Prepares for 18-Member Malaysian Trade Delegation to Boost Trade Ties

August 4, 2023August 4, 2023Faisal Shahnawaz

Karachi, August 4, 2023 – The Consul General of Malaysia, Herman Hardynata Bin Ahmad, has announced that an 18-member Malaysian trade delegation is set to arrive in Karachi next week to explore opportunities for enhancing trade ties with their counterparts in the city.

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UNISAME

UNISAME Urges SBP to Instruct Banks for Import Document Release

August 2, 2023August 2, 2023Hamza Shahnawaz

Karachi, August 2, 2023 – The Union of Small and Medium Enterprises (UNISAME) has called on the State Bank of Pakistan (SBP) to issue instructions to commercial banks for the release of import documents below USD 5000.

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German Chamber of Commerce

German Chamber of Commerce to Establish Office in Pakistan

August 2, 2023August 2, 2023Shahnawaz Akhter

Karachi, August 2, 2023 – In a significant development, H. E. Mr. Rudiger Lotz, Consul General of Germany in Karachi, has announced that the German Chamber of Commerce & Industry (DIHK) is set to establish its office in Pakistan, highlighting the growing importance of trade and economic ties between Germany and Pakistan.

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Federation of Pakistan Chambers

FPCCI Slams Outgoing Government for Shocking Petroleum Price Surge

August 1, 2023August 1, 2023Faisal Shahnawaz

Karachi, August 1, 2023 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has strongly criticized the outgoing government for the unprecedented increase in petroleum prices, which is expected to exacerbate inflationary pressures and cripple the already struggling economy.

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