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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.

Gold Jewellery in Pakistan

NRL Discovers Significant Copper-Gold Deposit in Balochistan

April 8, 2025April 8, 2025Shahnawaz Akhter

Karachi, April 8, 2025 — Fatima Fertilizer Company Limited has announced a major milestone in Pakistan’s mining sector: a significant discovery of copper-gold mineralization in Balochistan by its joint venture, M/s. National Resources (Private) Limited (NRL).

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Soft Drink

Fruit Juice Council Proposes Tariff Reduction to Boost Exports

April 8, 2025April 8, 2025Mrs. Anjum Shahnawaz

In a significant move to uplift Pakistan’s beverage industry, the Fruit Juice Council has proposed a reduction in tariffs aimed at enhancing exports and empowering the formal sector.

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SITE Association

SAI Demands End to Discriminatory Electricity Tariff in Karachi

April 7, 2025April 7, 2025Shahnawaz Akhter

Karachi, April 7, 2025 – The SITE Association of Industry (SAI) has strongly urged the federal government to eliminate the long-standing disparity in electricity tariffs between Karachi and other cities.

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petroleum prices in pakistan

UBG Demands Immediate Cut in Oil Prices Amid Global Drop

April 6, 2025April 6, 2025Shahnawaz Akhter

KARACHI, April 6, 2025 – The United Business Group (UBG) has strongly urged the government to bring down petroleum prices in Pakistan, aligning them with the recent global decline in crude oil prices.

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Pakistan Tobacco

PTC Highlights TTS Failures in Tackling Illicit Tobacco Trade

April 5, 2025April 5, 2025Shahnawaz Akhter

Pakistan Tobacco Company (PTC) has expressed concerns that the implementation of the Track and Trace System (TTS) has not been effective in curbing the illicit trade of cigarettes as originally intended.

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KATI

KATI Welcome Electricity Tariff Cut, Terms Positive Step

April 3, 2025April 3, 2025Shahnawaz Akhter

Karachi, April 3, 2025 – The Korangi Association of Trade and Industry (KATI) has strongly welcomed the government’s decision to implement a major reduction in electricity tariffs.

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KCCI Photo

KCCI Applauds Major Electricity Tariff Reduction for Industries

April 3, 2025April 3, 2025Faisal Shahnawaz

The Karachi Chamber of Commerce and Industry (KCCI) has enthusiastically welcomed the government’s decision to implement a significant reduction in electricity tariffs. This major step, announced by Prime Minister Shehbaz Sharif, comes as a crucial relief for both industrial and domestic consumers, easing the financial strain caused by high energy costs.

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Philip Morris Pakistan

Philip Morris Pakistan Reports 77.5% Surge in Turnover for CY24

April 3, 2025April 3, 2025Shahnawaz Akhter

Karachi, April 3, 2025 – Philip Morris (Pakistan) Limited has reported an exceptional 77.5% increase in turnover for the fiscal year ending December 31, 2024.

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Income Tax Return FBR

Unresolved System Errors Stall Sales Tax Return Process

March 27, 2025May 12, 2026Shahnawaz Akhter

Karachi, March 27, 2025 – Taxpayers across Pakistan continue to face difficulties in filing their sales tax returns as persistent technical glitches on the IRIS portal of the Federal Board of Revenue (FBR) remain unresolved, despite an extended deadline.

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Philip Morris Pakistan

Philip Morris (Pakistan) Sees 32% Drop in CY24 Profit

March 27, 2025March 27, 2025Shahnawaz Akhter

Karachi, March 27, 2025 – Philip Morris (Pakistan) Limited (PMPK) has reported a significant 32% decline in its annual profit after tax for the financial year ending December 31, 2024.

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