Karachi, October 24, 2023 – The Union of Small and Medium Enterprises (UNISAME) has proposed that Pakistan should adopt similar measures to those undertaken by Sri Lanka to address its ongoing economic challenges.
(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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NRL Granted Mineral Exploration Lease in Balochistan
Quetta, October 24, 2023 – National Resources Limited (NRL) has been awarded an exploration lease for minerals in the Chagai district of Balochistan.
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Philip Morris Pakistan Faces 72% Profit Decline for 9MCY23
Karachi, October 23, 2023 – Philip Morris (Pakistan) Limited, a leading cigarette manufacturer, has reported a substantial 72 percent decline in profit for the first nine months of the calendar year 2023.
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Thailand Urges Pakistan to Resolve LC and Foreign Currency Repatriation Issues
Karachi, October 19, 2023 – In an effort to promote a more business-friendly environment and enhance economic cooperation, Thailand has called upon Pakistan to address issues related to Letter of Credit (LC) and the repatriation of foreign currency.
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UNISAME President Leads Meeting to Address Challenges in Pakistan’s Solar Energy Industry
Karachi, October 19, 2023 – The President of the Union of Small and Medium Enterprises (UNISAME), Zulfikar Thaver, recently presided over a significant meeting involving key stakeholders to tackle the challenges facing Pakistan’s solar energy industry.
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Pakistan Textile Exports Decline 10% in 1QFY24
Karachi, October 18, 2023: Pakistan has reported a 10 percent decline in textile exports during the first quarter (July-September) of fiscal year 2023-24.
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Turkiye Estimates Up to $25 Billion Bilateral Trade with Pakistan
Karachi, October 17, 2023 – Dr. Mehmet Pacaci, the Ambassador of Turkiye in Pakistan, has expressed his belief that, in the long-term, bilateral trade between Pakistan and Turkiye can potentially reach an impressive $20 – $25 billion.
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Industry Faces Looming Challenges of Survival and Sustainability, Says Tahir Javaid
Lahore, October 16, 2023 – Malik Tahir Javaid, President of the Employers’ Federation of Pakistan (EFP), has sounded a warning about the pressing economic crises that are taking a severe toll on Pakistan’s industry.
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FPCCI Extols Army Chief’s Role in Easing Economic Uncertainties
Karachi, October 16, 2023 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has commended the Army Chief for his pivotal role in reducing economic uncertainties in Pakistan.
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KCCI Calls for Drastic Reduction in Electricity Tariffs, Similar to Petroleum Prices
Karachi, October 16, 2023 – The Karachi Chamber of Commerce and Industry (KCCI) is urging the government to implement a significant reduction in electricity tariffs similar to the steps taken in reducing petroleum prices.
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