Trade & Industry Archives - Page 24 of 200

FPCCI lambasts SBP for unchanged policy rate

September 15, 2025September 15, 2025Faisal Shahnawaz

Karachi, September 15, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has voiced strong disappointment over the State Bank of Pakistan’s (SBP) decision to keep the policy interest rate unchanged at 11%.

KCCI realigns constitutional framework at EOGM

September 15, 2025September 15, 2025Faisal Shahnawaz

Karachi, September 15, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has taken a major step towards strengthening its governance and compliance structure by approving wide-ranging amendments to its constitutional framework during an Extraordinary General Meeting (EOGM) held at the Majeed Bawany Auditorium.

ICMAP calls for creation of National Data and AI Authority

September 12, 2025September 12, 2025Faisal Shahnawaz

Karachi, September 12, 2025 – The Institute of Cost and Management Accountants of Pakistan (ICMAP) has strongly urged the government to establish a National Data and Artificial Intelligence (AI) Authority to accelerate Pakistan’s digital transformation and strengthen its standing in the global digital economy.

SBP sets timelines for export payment realization

September 12, 2025September 12, 2025Shahnawaz Akhter

Karachi, September 12, 2025 – The State Bank of Pakistan (SBP) has introduced detailed timelines for the realization of export proceeds, aiming to bring clarity and discipline to foreign trade transactions.

SAI raises alarm over abrupt rollout of e-invoicing system

September 10, 2025September 10, 2025Shahnawaz Akhter

Karachi, September 10, 2025 – The SITE Association of Industry (SAI) has voiced strong criticism of the Federal Board of Revenue (FBR) for the sudden implementation of the e-invoicing system, saying it has created widespread confusion and operational hurdles across the business community.

Zardari Gives Nod to Anti-Dumping Duties Law

September 8, 2025September 8, 2025Mrs. Anjum Shahnawaz

President Asif Ali Zardari has formally given his assent to the Anti-Dumping Duties (Amendment) Bill 2025, marking a significant step in strengthening Pakistan’s trade laws.

Khurram Ijaz Demands Sindh Use Cess for Karachi

September 5, 2025September 5, 2025Shahnawaz Akhter

Karachi, September 5, 2025 – Khurram Ijaz, former Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and Secretary General of the ruling Businessmen Panel, has strongly demanded that the Sindh Government allocate Infrastructure Cess revenues for the rehabilitation of Karachi’s collapsing infrastructure.

FPCCI extends support to faceless customs assessment system

September 4, 2025September 4, 2025Shahnawaz Akhter

Karachi, September 4, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Thursday reaffirmed its strong backing for the implementation of the Faceless Customs Assessment (FCA) system.

Pakistan Customs targets 80% green channel clearance

September 3, 2025September 3, 2025Shahnawaz Akhter

Karachi, September 3, 2025 – Pakistan Customs is working toward a major milestone in trade facilitation by aiming to clear 80 percent of import consignments through the green channel system, a move that promises to significantly reduce clearance times and enhance business confidence.

Pakistan’s trade deficit widens by 29% in first two months of FY26

September 2, 2025September 2, 2025Faisal Shahnawaz

Islamabad, September 2, 2025 – Pakistan’s trade deficit expanded sharply by 29% during the first two months (July–August) of the fiscal year 2025-26, according to data released by the Pakistan Bureau of Statistics (PBS) on Tuesday.

Category: Trade & Industry