Karachi, September 20, 2023 – Pakistan has witnessed a substantial 50 percent increase in the import of gold in August 2023 compared to the previous month, according to official statistics released by the Pakistan Bureau of Statistics (PBS).
Karachi, September 18, 2023 – The private sector in Pakistan has shown a significant surge in bank deposits, increasing by a remarkable 21 percent. This uptick reflects a growing preference for secure investments in the face of ongoing economic challenges.
Karachi, September 16, 2023 – The Karachi Chamber of Commerce and Industry (KCCI) has voiced its concerns over the recent surge in petroleum prices, which came into effect on September 16, 2023.
Karachi, September 16, 2023 – Pakistan’s business community has voiced its disappointment following the recent increase in petroleum prices, effective as of September 16, 2023.
Islamabad, September 7, 2023 – Caretaker Prime Minister Anwaar ul Haq Kakar has announced that Pakistan’s tax system is undergoing a digital transformation as part of the government’s tax reform efforts.
Karachi, September 07 – In a significant development, Pakistan finds itself as the only country among the top five global urea consumers—comprising China, Brazil, the USA, and India—that is not actively investing in expanding its production capacity over the next five years. This situation has emerged despite Pakistan facing a rapidly growing population.
Karachi, September 6, 2023 – In a reassuring move, the Federal Tax Ombudsman’s (FTO) office has pledged to deliver timely and cost-free justice to businessmen facing taxation-related issues.
Karachi, September 04, 2023 – A recent survey conducted by Gallup Pakistan has revealed that a majority of businesses in Pakistan are deeply concerned about the country’s potential default.
Karachi, September 1, 2023 – Traders in Karachi observed a citywide shutdown on Friday in a collective protest against inflated electricity bills and the relentless rise in inflation. The protest action resulted in the closure of wholesale and major markets across the city.
The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has raised serious concerns about the dire consequences of the recent massive surge in petroleum prices.