Karachi, February 27, 2024 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has strongly criticized the Karachi Gateway Terminal Limited (KGTL) for implementing a three-fold increase in terminal charges, raising concerns within the business community.
(more…)Category: Trade & Industry
This section covers news on trade and industry. Pakistan Revenue is committed to providing the latest updates on business trends.
-
Karachi Chamber Strongly Rejects Electricity Tariff Hike
Karachi, February 27, 2024 – The President of the Karachi Chamber of Commerce and Industry (KCCI), Iftikhar Ahmed Sheikh, vehemently criticized the recent government approval for an increase in electricity tariffs, particularly condemning the decision by the National Electric Power Regulatory Authority (NEPRA) to allow a significant adjustment in fuel charges for January 2024.
(more…) -
Code of Conduct for Employers of Domestic Workers Launched
Karachi, February 26, 2024 – In a landmark development aimed at improving the working conditions and protecting the rights of domestic workers, the Employers Federation of Pakistan (EFP) has introduced a comprehensive Code of Conduct.
(more…) -
UAE Conglomerate Expresses Interest in Acquiring TME Shares
Karachi, February 26, 2024 – TPL Trakker Limited, a prominent player in location-based services and fleet management, has disclosed that a UAE-based conglomerate is keen on acquiring a substantial equity stake in Trakker Middle East (TME), an associated company of TPL Trakker Limited.
(more…) -
Engro Corp Reports Impressive 35% Revenue Growth in 2023
Karachi, February 26 – Engro Corp, a leading Pakistani conglomerate, has announced a robust 35% growth in revenues, reaching PKR 482 billion in 2023.
(more…) -
FPCCI Urges Energy Price Rationalization for Industries
Karachi, February 25, 2024 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has voiced its concern over the escalating energy prices for industries, urging the government to implement immediate rationalization measures.
(more…) -
CCP Approves Saudi-Based Mergers in Steel Sector
Islamabad, February 24, 2024 – The Competition Commission of Pakistan (CCP) has given the green light to three pivotal mergers involving the Saudi Iron and Steel Company (Hadeed), a major player in Pakistan’s steel market.
(more…) -
National Foods Receives Recognition from UK Government
Karachi, February 23, 2024 – In a significant achievement, National Foods Limited proudly announced its inclusion as one of the final climate mitigation projects under the prestigious Climate Finance Accelerator (CFA) Programme, backed by the UK government and DAI Global.
(more…) -
KCCI Warns of Mass Jobless Protest Amid Rising Energy Tariffs
Karachi, February 23, 2024 – The Karachi Chamber of Commerce and Industry (KCCI) issued a dire warning on Friday, indicating the possibility of a mass protest by jobless individuals due to the closure of industries.
(more…) -
SME Farmers Advocate for Export of Khashkhash
Karachi, February 22, 2024 – The Small and Medium-sized Enterprise (SME) Farmers Association in Pakistan is urging the government to permit the export of Khashkhash (poppy seeds), citing its widespread use as a household item.
(more…)