In a plea to the State Bank of Pakistan (SBP), the Union of Small and Medium Enterprises (UNISAME) has drawn attention to a concerning situation involving thousands of containers holding vital goods such as solar panels, second-hand clothing, plastic granules, and general merchandise.
(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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FPCCI Backs Restructuring of FBR for Economic Stability
Karachi, February 3, 2024 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) announced its support on Saturday for the proposed restructuring plan of the Federal Board of Revenue (FBR).
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KATI Strongly Criticizes Unjust Petrol Price Hike
Karachi, February 1, 2024 – The Korangi Association of Trade and Industry (KATI) has raised its voice against the recent surge in petrol prices, labeling it as unjust, particularly when the exchange rate remains stable.
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KCCI Strongly Condemns Astronomical Surge in Petroleum Prices
Karachi, February 1, 2024 – In an unequivocal stance against the recent surge in petroleum prices orchestrated by the caretaker government, the Karachi Chamber of Commerce and Industry (KCCI) has voiced its resolute rejection.
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APCAA Rejects Shipping Association’s Embezzlement Allegations
Karachi, February 1, 2024 – The All Pakistan Customs Agents Association (APCAA) came out strongly on Thursday, condemning the All Pakistan Shipping Association for leveling groundless charges of embezzlement against customs agents.
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SBP Announces 100% Advance Import Payment Approval
Karachi, January 30, 2024 – In a significant move aimed at facilitating trade and commerce, the State Bank of Pakistan (SBP) has granted approval for 100 percent advance payment for imports.
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Colgate-Palmolive Pakistan Reports 75% Surge in Half-Year Profit
Karachi, January 30, 2024 – Colgate-Palmolive (Pakistan) Limited has announced a remarkable 75% growth in after-tax profit for the first half of the fiscal year ending December 31, 2023.
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SMAP Urges Expedited Sales Tax Refund Process for Salt Industry
Karachi, January 29, 2024 – The Salt Manufacturers Association of Pakistan (SMAP) has expressed deep concern over the exclusion of the salt industry from the automatic Faster System for sales tax refunds, resulting in a financial deadlock for several months.
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Philippines and Pakistan Eye Expanding Trade Relations
Karachi, January 29, 2024 – In a recent meeting at the Karachi Chamber of Commerce & Industry (KCCI), the Ambassador of the Republic of the Philippines, Maria Agnes Cervantes, highlighted the substantial potential for increased trade between the Philippines and Pakistan.
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Austrian Ambassador Explores Investment Prospects in Pakistan
Karachi, January 29, 2024 – Ambassador of Austria to Pakistan and Afghanistan, Andrea Wicke, delved into investment prospects in Pakistan during a meeting held on Monday.
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