CCP imposes penalty of Rs75 million on flour mills association for anti-competitive activities

ISLAMABAD: The Competition Commission of Pakistan (CCP) has imposed a penalty of Rs75 million on Pakistan Flour Mills Association (PFMA) for providing a platform to share commercially sensitive information and fixing the... Read more »

Iranian delegation urges Pakistan for reducing customs duties for promoting formal trade

KARACHI: Iranian trade delegation has urged Pakistani authorities to bring down customs duties in order to encourage formal trade between the two countries. Read more »

Exporters perturb over part of tax refund claims disallowed without reason

KARACHI: Pakistan Hosiery Manufacturers Association (PHMA) on Friday pointed out reduction in refund amount against original claim. Read more »

Kuwait ready to ease visa policy for Pakistani businessmen

KARACHI: Salem Yousif Al-Hamdan, Consul General of Kuwait, has said that his government is ready to ease visa policy for Pakistani businessmen. Read more »

OICCI releases key findings of IPR survey 2019

KARACHI: Overseas Investors Chamber of Commerce and Industry (OICCI) on Tuesday announced the key findings of its latest Intellectual Property Rights (IPR) Survey 2019. Read more »

Exporters claim Rs62 billion fresh refunds stuck up despite FBR’s 72-hour clearance assurance

KARACHI: The new 72-hour sales tax refund clearance strategy of Federal Board of Revenue (FBR) has failed as another Rs62 billion refunds were stuck up since launch of the new systems, exporters... Read more »

Inflation cannot be controlled through high policy rate: FPCCI

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Wednesday said that inflation in Pakistan is cost push and it cannot be controlled through tight monetary policy stance. Read more »

US companies reluctant to visit Pakistan: USDA counselor

KARACHI: Rey Santella, Agricultural Counselor of United States Department of Agriculture (USDA) has said although they were inviting the US business community but many of them were still reluctant to visit Pakistan... Read more »

FPCCI urges convention compliance for continuation of GSP Plus

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the government to ensure compliance to international conventions for continuation of GSP Plus status granted by European Union (EU). Read more »

Banking channel between Pakistan, Iran to become reality soon: KCCI

KARACHI: Karachi Chamber of Commerce and Industry (KCCI) on Saturday hoped that banking channel between Pakistan and Iran will become reality soon. Read more »

Qatar to open two more visa centers in Pakistan: envoy

KARACHI: Consul General of Qatar Mishal Muhammad Ali Al Ansari has said his country will open two more visa centers in Pakistan for facilitating visa processing, a statement said on Friday. Read more »

KCCI to raise commercial importers’ problems with FBR

KARACHI: Karachi Chamber of Commerce and Industry (KCCI) has assured commercial importers of taking up their issues with the Federal Board of Revenue (FBR) for resolving amicably. Read more »