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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.

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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Millat Tractors Limited

MTL Sounds Alarm: Unclear GST Risks Production Shutdown

August 12, 2024August 12, 2024Shahnawaz Akhter

Karachi, August 12, 2024 – Millat Tractors Limited (MTL) raised a critical red flag on Monday, warning that the ongoing ambiguity in General Sales Tax (GST) regime could compel the company to halt its production activities.

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PBC Proposals

Small Traders Launch Protest Against Advance Income Tax

August 12, 2024August 12, 2024Shahnawaz Akhter

Karachi, August 12, 2024 – In a bold move signaling rising discontent among Karachi’s small business community, traders have announced a major protest against the imposition of advance income tax on retail operations.

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trade and idustries in world

Traders Decry Advance Income Tax as ‘Anti-Business’

August 12, 2024August 12, 2024Faisal Shahnawaz

Peshawar, August 12, 2024 – The traders of Peshawar have vocally opposed the recent advance income tax collection measures introduced by the Federal Board of Revenue (FBR). During a crucial meeting held recently under the leadership of Malik Mehr Elahi, President of the Khyber Pakhtunkhwa Trade Association, the business community came together to condemn the […]

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Unilever Pakistan

Unilever to Appeal Rs 60 Million Fine for Deceptive Advertising

August 11, 2024August 11, 2024Shahnawaz Akhter

Karachi, Pakistan – Unilever Pakistan has announced its decision to appeal a hefty Rs 60 million fine imposed by the Competition Commission of Pakistan (CCP). The fine, which stems from allegations of misleading advertising claims, specifically targets the marketing of Unilever’s Lifebuoy soap and hand wash products in Pakistan.

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Unilever Pakistan

CCP Slaps Rs60M Fine on Unilever Pakistan for Misleading Ads

August 10, 2024August 10, 2024Shahnawaz Akhter

KARACHI: August 10, 2024 — The Competition Commission of Pakistan (CCP) has imposed a substantial fine of PKR 60 million on Unilever Pakistan for broadcasting deceptive claims in television commercials for its hygiene and cleansing products, namely ‘Lifebuoy (Care and Protect) Soap’ and ‘Lifebuoy Hand Wash.’

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SITE Association

FTO Assures Industrialists of Swift Justice in Tax Matters

August 9, 2024August 9, 2024Shahnawaz Akhter

Karachi, August 9, 2024 – The Federal Tax Ombudsman (FTO), Dr. Asif Mahmood Jah, has pledged prompt action on taxpayer complaints, vowing to deliver justice within 4-6 weeks. Addressing the SITE Association of Industry during his recent visit,

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Overseas Chamber

OICCI and UNDP Join Forces for Sustainable Pakistan

August 8, 2024August 8, 2024Shahnawaz Akhter

Karachi, August 8, 2024 – In a pioneering collaboration, the Overseas Investors Chamber of Commerce & Industry (OICCI) and the United Nations Development Programme (UNDP) Pakistan have forged an alliance to promote a more sustainable and inclusive future for Pakistan.

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