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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.

KCCI Photo

KCCI Backs Traders’ August 28 Shutdown Over Tax Issues

August 23, 2024August 23, 2024Shahnawaz Akhter

Karachi, August 23, 2024 – In a move that has captured widespread attention, the Karachi Chamber of Commerce and Industry (KCCI) has announced its support for a nationwide business shutdown planned by traders on August 28.

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Nestle Pakistan Financial

Nestle Pakistan Fears 2024-25 Taxes to Impact Growth

August 23, 2024August 23, 2024Faisal Shahnawaz

Karachi, August 23, 2024 – Nestle Pakistan Limited has expressed concerns that the new taxes introduced in the recent federal budget 2024-25 could significantly impact its growth trajectory.

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Karachi Chamber

KCCI Urges Immediate Relief in Electricity Bills for Sindh

August 19, 2024August 19, 2024Shahnawaz Akhter

Karachi, August 19, 2024 – The Karachi Chamber of Commerce and Industry (KCCI) has called on the federal and Sindh governments to urgently address the rising electricity costs that are burdening the residents and business community of Sindh.

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KATI

KATI Lambasts Proposals of Further Hike in Electricity Tariff

August 17, 2024August 17, 2024Shahnawaz Akhter

Karachi, August 17, 2024 – The Korangi Association of Trade and Industry (KATI) on Saturday strongly criticized the proposal for a further hike in electricity tariffs at a time when businesses are already struggling under the weight of inflated electricity bills.

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Karachi Chamber

KCCI Urges FBR to Defer Tax Scheme for Small Traders

August 17, 2024August 17, 2024Shahnawaz Akhter

Karachi, August 17, 2024 – The Karachi Chamber of Commerce and Industry (KCCI) has called on the Federal Board of Revenue (FBR) to defer the implementation of the Tajir Dost Scheme, a tax initiative aimed at small traders.

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competition

CCP Imposes Rs 5 Million Fine on Paint Manufacturer

August 16, 2024August 16, 2024Mrs. Anjum Shahnawaz

Islamabad, August 16, 2024 – In a significant move to protect consumer rights, the Competition Commission of Pakistan (CCP) has levied a Rs 5 million penalty on M/s Diamond Paint Industries (Pvt) Ltd.

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PM Shehbaz on Independence Day

PM Shehbaz Directs Reforms to Boost Gemstone Industry

August 16, 2024August 16, 2024Mrs. Anjum Shahnawaz

Islamabad, August 16, 2024 – Prime Minister Shehbaz Sharif has announced a major overhaul of Pakistan’s gemstone industry to unlock its potential and enhance the country’s export capabilities.

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Federation of Pakistan Chambers

National Firewall Jeopardizes Pakistan’s IT Sector, FPCCI Warns

August 16, 2024August 16, 2024Shahnawaz Akhter

KARACHI, August 16, 2024 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has issued a grave warning regarding the implementation of the national firewall, stating that its adverse effects are poised to severely impact the country’s burgeoning IT industry.

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KCCI Photo

Slow Internet Sparks KCCI Concerns

August 15, 2024August 15, 2024Shahnawaz Akhter

Karachi, August 15, 2024 – The Karachi Chamber of Commerce & Industry (KCCI) has expressed grave concerns over the ongoing slow internet connectivity and frequent disruptions in accessing social media applications, which have been severely affecting business operations.

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Federation of Pakistan Chambers

FPCCI Blasts Harsh Taxation and Soaring Power Tariffs

August 12, 2024August 12, 2024Shahnawaz Akhter

Karachi, August 12, 2024 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has launched a fierce critique against the country’s harsh taxation policies and soaring electricity tariffs, calling for urgent reforms to alleviate the financial strain on businesses and the national economy.

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