Karachi, January 19, 2024 – Pakistan’s textile sector, a cornerstone of the nation’s economy and a major contributor to foreign exchange earnings, has experienced a notable setback with a 5 percent decline in exports, totaling $8.28 billion during the first half (July – December) of fiscal year 2023-24.
(more…)Category: Trade & Industry
This section covers news on trade and industry. Pakistan Revenue is committed to providing the latest updates on business trends.
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NAB to Drop Unnecessary Cases Against Business Community
Karachi, January 16, 2024 – The National Accountability Bureau (NAB) has taken a positive step towards fostering a supportive environment for the business community by agreeing to drop unnecessary cases.
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KCCI Pledges Support to Shopkeepers, Vows to Tackle Challenges
Karachi, January 16, 2024 – The Karachi Chamber of Commerce and Industry (KCCI) took a proactive stance on Tuesday as it assured shopkeepers and small traders of its commitment to resolving the challenges they face.
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Karachi Business Community Protests Soaring Gas Tariffs
Karachi, January 13, 2024 – The business community in Karachi has vehemently criticized the caretaker government for what they describe as an exorbitant and unsustainable increase in gas tariffs, posing a severe threat to industrial operations in the city.
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KCCI Reactivates Rangers Monitoring and Complaint Cell
KARACHI, January 11, 2024 – Karachi Chamber of Commerce and Industry (KCCI) announced on Thursday the reactivation of the Rangers Monitoring and Complaint Cell.
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EU Envoy Urges Pakistani Businesses to Maximize GSP + Benefits
KARACHI: Raina Kionka, the Ambassador of the European Union (EU), has urged the Pakistani business community to expand and diversify their exports to the EU, maximizing the advantages offered by the EU’s Generalized System of Preferences (GSP) Plus for Pakistan.
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Lahore Chamber Advocates Tax Relief for Retailers
Lahore, January 7, 2024 – The Lahore Chamber of Commerce and Industry (LCCI) has called upon tax authorities to provide much-needed relief to retailers, citing concerns over recent policy changes.
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CDA to Auction F-9 Plots Starting January 10
Islamabad, January 6, 2024 – The Capital Development Authority (CDA) is set to conduct its first auction of plots in F-9 Park, Islamabad, starting from January 10 and continuing through January 12.
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SMAP and PNSC Discuss Red Sea Crisis
Karachi, January 4, 2024 – The Salt Manufacturers Association of Pakistan (SMAP) and the Pakistan National Shipping Corporation (PNSC) convened to address security issues arising from the recent crisis in the Red Sea.
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Tragic Incident at Agha Steel Plant Claims Two Lives
Karachi, January 1, 2024 – A somber day unfolded at Agha Steel Industries as an unfortunate incident at the plant site resulted in the tragic loss of two lives, as confirmed in an official statement released on Monday.
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