Karachi, November 4, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has strongly criticized the shipping lines’ overcharging practices, accusing them of exploiting importers and traders by charging excessive dollar exchange rates — reportedly as high as Rs296.20 per US dollar, surpassing even hawala/hundi market rates.
(more…)Category: Trade & Industry
This section covers news on trade and industry. Pakistan Revenue is committed to providing the latest updates on business trends.
-
CCP recommends establishment of Steel Ministry to boost Pakistan’s industrial growth
Islamabad, November 3, 2025 – The Competition Commission of Pakistan (CCP) has recommended the formation of a dedicated Steel Ministry to oversee and strengthen the country’s steel industry, citing the absence of a comprehensive national policy and institutional coordination.
(more…) -
FPCCI criticizes SBP for maintaining “anti-growth” policy rate at 11%
Karachi, October 27, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has strongly condemned the State Bank of Pakistan’s (SBP) decision to maintain the policy rate at 11 percent, calling it an “anti-growth and counterproductive” move that threatens business confidence and economic revival.
(more…) -
SAI blasts telecom companies for poor mobile and internet services
Karachi, October 27, 2025 – The SITE Association of Industries (SAI) has strongly criticized Pakistan’s telecom operators and internet service providers over persistent network issues, labeling their performance as substandard and damaging to business operations.
(more…) -
Sindh to Revamp Greater Karachi Regional Master Plan 2047
Karachi, October 24, 2025 – The Sindh Government has announced plans to update Karachi’s urban development blueprint, unveiling the Greater Karachi Regional Master Plan 2047 to address the city’s rapidly evolving infrastructure and population challenges. Director General of Karachi Development Authority (KDA), Asif Jan Siddiqui, emphasized that the city has changed significantly since the last master plan was formulated in 2020, making a comprehensive update essential to guide development priorities and future infrastructure projects.
(more…) -
FBR cracks down on Karachi tax fraud with FPCCI, KCCI backing
Karachi, October 24, 2025 – In a major development shaking up the business community, the Federal Board of Revenue (FBR) has announced that it will consult key representatives from Pakistan’s top trade bodies — the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and the Karachi Chamber of Commerce and Industry (KCCI) — before moving ahead with sales tax fraud investigations in the Karachi region.
(more…) -
Unilever Pakistan reports 16% decline in profit for 9MCY25
Karachi, October 23, 2025 – Unilever Pakistan Foods Limited announced its financial results for the nine months ended September 30, 2025, reporting a 16% drop in profit after tax compared to the same period last year.
(more…) -
Foreign investors repatriate $752m from Pakistan in Q1FY26
Karachi, October 21, 2025 — Foreign investors have repatriated $752 million in profits and dividends from Pakistan during the first quarter (July–September) of the fiscal year 2025–26, according to the latest official data.
(more…) -
RCCI refutes claims on salaried class as top taxpayer
Rawalpindi, October 21, 2025 — The Rawalpindi Chamber of Commerce and Industry (RCCI) has rejected recent media reports suggesting that the salaried class contributes more in taxes than exporters, wholesalers, and retailers. RCCI President Usman Shaukat termed such claims “misleading” and “based on incomplete information.”
(more…) -
PM Shehbaz directs promotion of cottage SMEs for business loan access
Islamabad, October 20, 2025 – Prime Minister Shehbaz Sharif on Monday instructed the relevant authorities to accelerate the registration of cottage small and medium enterprises (SMEs) to help them access business loans and contribute to Pakistan’s industrial growth.
(more…)