Islamabad, December 13, 2023 – The Pakistan Single Window (PSW) has taken a significant step towards modernizing and streamlining trade processes by initiating the electronic issuance of drug import licenses and release orders, according to a press release issued on Wednesday.
(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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KATI Expresses Dismay Over Unchanged Policy Rate
Karachi, December 13, 2023 – The Korangi Association of Trade and Industry (KATI) voiced its disappointment on Wednesday over the decision by the State Bank of Pakistan (SBP) to maintain the policy rate at 22%.
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FPCCI and PTBA Forge Alliance for Expanding Pakistan’s Tax Base
Karachi, December 12, 2023 – Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and Pakistan Tax Bar Association (PTBA) have joined forces to spearhead an ambitious agenda for the broadening of the tax base in Pakistan.
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PM Kakar Directs Preparing Plan for Industry Gas Prices
Islamabad, December 11, 2023 – Caretaker Prime Minister Anwaar-ul-Haq Kakar, in a meeting with prominent industrialists and businessmen from Karachi on Monday, directed authorities to formulate a comprehensive action plan addressing the prevailing concerns over gas prices in the industrial sector.
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High Taxes Promote Illicit Tobacco Trade
Karachi, December 11, 2023 – Advocates for anti-tobacco measures pushing for higher taxes on tobacco products inadvertently contribute to the growth of the illicit tobacco industry.
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UNISAME Remembers Universal Declaration of Human Rights
Karachi, December 10, 2023 – The Union of Small and Medium Enterprises (UNISAME) marked the 75th anniversary of the Universal Declaration of Human Rights (UDHR) on Sunday, underscoring the importance of the timeless principles enshrined in this landmark document.
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Iran Unveils Ambitious Plans to Deepen Economic Ties with Pakistan
Karachi, December 7, 2023 – Hassan Nourian, the Consul General of the Islamic Republic of Iran, disclosed comprehensive plans to elevate economic collaboration with Pakistan during a meeting at the North Karachi Association of Trade & Industry (NKATI).
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Immediate Appointment of SMEDA CEO Demanded by UNISAME
Karachi, December 7, 2023 – The Union of Small and Medium Enterprises (UNISAME) has issued a compelling call for the immediate appointment of a Chief Executive Officer (CEO) for the Small and Medium Development Authority (SMEDA).
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FPCCI Announces Annual Achievement Awards Ceremony to be Held on December 23
Karachi, December 6, 2023 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has officially announced that its highly anticipated annual achievement awards ceremony is scheduled to take place on December 23, 2023.
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Germany Aims to Strengthen Business Ties with Pakistan: AHK
Karachi, December 6, 2023 – Germany is eyeing an expansion of business relations with Pakistan, according to Muhammad Usman, Pakistan’s Representative in the German Emirati Joint Council for Industry and Commerce (AHK).
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